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Nigerian Stock Exchange

Last update 09 May 2024

Smart Products Nigeria PLC · SMURFIT.LG

Nigeria · Real Estate · Real Estate Management & Development · NGN

Price history

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Smart Products Nigeria Plc is a Nigeria-based real estate company. The Company is engaged in letting out the warehouse and rely on its rental income. It also does the management and administration of its properties and investments. Its durable business profile is anchored in the company’s operating assets, customer relationships, sector expertise, regulatory standing and ability to convert demand into recurring revenue and cash flow. Demand is linked to Nigeria’s economic cycle, purchasing power, infrastructure quality, access to finance and the company’s competitive position. Investors should monitor revenue stability, margins, working capital, balance-sheet strength, governance and the depth of public disclosure. The company should be reviewed through its audited financial statements, corporate disclosures, operating segment notes and market announcements, because these materials provide the most reliable view of revenue quality, cost structure, capital allocation and any changes in business scope.

Fundamentals

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Metric  (NGN, M) 2023 2022 2021 2020 2019
Revenue Total Revenue 57
EBITDA 13
EBIT 7
Net income Net Income 7
Operating margin 13%
Net margin 12%