Wole Olajide, ACS
Top 5 gainers at the close of trade on the Nigerian Exchange (NGX), Tuesday June 3, 2025 are Honeywell (10%), SFSREIT (10%), SCOA (10%), IMG (9.96%) and International Energy Insurance (9.82%). A brief insight about these stocks can be found below:
HONEYWELL FLOUR
The share price of Honeywell Flour on Tuesday grew by 10% to close at N22 from the previous close of N20. It has touched a high of N23.1 from a low of N3 in the past 52 weeks.
It is trading close to its 52 weeks high of N23.1.
The Audited Report of the Company for the year ended 31 March 2025 shows significant improvement in its top line and bottom line figures. Revenue grew by 98.35% to N373.51 billion from N188.3 billion.
Profit after grew to N14.78 billion from the loss after tax of N10.12 billion.
Earnings per share of N1.86 relative to the current market price 0f N22, the P/E ratio of Honeywell stands at 11.83x with earnings yield of 8.45%.
It’s Book Value of N4.72, relative to the current market price of N22 confirms that Honeywell is overpriced.
SFSREIT
SFS Real Estate Investment Trust (SFS REIT) grew its share price by 10% to close at N226.6 from the previous close of N206.
It is currently trading at its year high. The price of the stock moved from a low of N101.4 to a current high of N226.6 within 52 weeks.
The Audited Financial Statement of the company for FY 2024 shows significant growth in the Company’s top line and bottom line figures. Q1 2025 report of the Company also show growth in its revenue and profit after tax.
The stock is currently overpriced as its Book Value of N142.94 is far lower than its current market price of N226.6.
SCOA
SCOA grew its share by 10% to close at N5.39 from the previous close of N4.90.
It is currently trading at its year high from a year low of N1.71.
In FY 2024 result, the Company achieved growth in its revenue and profit after tax. However in Q1 2025 report, the Company declared a loss.
Going by the Book Value of N3.76 relative to the current market price of N5.39, SCOA is OVERPRICED.
IMG
Industrial and Medical Gases (IMG) closed on Tuesday at N37, up by 9.96% from the previous close of N33.65.
The price has touched a high of N39.85 from a low of N11.9 in the past 52 weeks.
It is trading 7.2% away from its 52 weeks high of N39.85, implying that it can still touch that price.
The Q3 2024 report for the 9 months period ended 31 September 2024 shows growth in the Company’s top line and bottom line figures.
Going by the Book Value of N11.02 relative to the current market price of N37, IMG is OVERPRICED.
INTERNATIONAL ENERGY INSURANCE
The share price of International Energy Insurance on Tuesday closed at N1.79, up by 9.82% from the previous close of N1.63.
The price has touched a high of N2.50 from a low of N1.20 in the past 52 weeks.
It is trading 28.4% away from its 52 weeks high of N2.5 relative to its current market price of N1.79. This implies an uptrend potential for the stock and can still touch N2.50.
The Q4 2024 report of the Company for the 12months ended 31 December 2024 shows growth in the Company’s top line and bottom line figures.
Based on it Q4 2024 report, the Shareholders Fund of International Energy Insurance is NEGATIVE which also implies negative Book Value.
Whatever is moving the price of International Energy Insurance is purely SPECULATIVE.