Wole Olajide, ACS
At the close of trade on the floor of the Nigerian Exchange (NGX) on Thursday May 29 2025, the top 5 gainers are: Mutual Benefit Assurance (10%), University Press (9.98%), Academy Press (9.88%), SCOA (9.62%) and Livestock Feeds (9.58%).
MUTUAL BENEFIT ASSURANCE
Mutual Benefit Assurance Plc led other gainers on Thursday with 10% growth, closing at N1.1 from the previous close of N1.0.
The share price of Mutual Benefit in the past 52 weeks has touched a high of N1.11 and a low of N0.52. It is trading close to its 52 weeks high.
The Q3 2024 report of the Company for the 9 months period ended 30 September 2024 shows significant growth in the Company’s revenue and profit after tax.
Q3 2024 Earnings per share of 23 kobo relative to the share price of N1.1 gives a low P/E ratio of 4.78x and Earnings yield of 20.91%. This makes the stock attractive.
The Book Value per share of N1.96 relative to the current market price of N1.10 implies that there is an uptrend potential for Mutual Benefit Assurance.
UNIVERSITY PRESS
University Press Plc grew its share price by 9.98% on Thursday, closing at N6.17 thereby attaining another 52 weeks high. The stock has touched a low of N2.09.
The Company published an impressive report for the Financial Year end 31 March 2025, where its topline and bottom line figures grew significantly. Profit after tax grew to N401.26 million from a loss after tax of N157.72 million.
With Earnings per share (EPS) of N0.93, P/E ratio of 6.63x and Earnings Yield of 15.07% makes University Press attractive.
With the book value of N7.79, relative to the current share price of N6.17, there is uptrend potential of about 20.8% for University Press.
ACADEMY PRESS
Academy Press closed the market at on Thursday at N4.45, up by 9.88% from the previous close of N4.05. The share price of the Company in the past 52 weeks has touched a high of N4.73 and a low of N1.79. It is trading 6%away from its 52 weeks high of N4.73.
The Audited Reports of the Company for the year ended 31 March 2025 shows significant growth in the Company’s bottom line figures. Profit after tax grew year on year by 430% to N1.2 billion from N226.7 million reported the previous year.
EPS of N1.59 relative to the share price of N4.45 gives a low P/E ratio of 2.8x and Earnings yield of 35.73%. This is very attractive.
The Book Value of N2.04, relative to its current market price of N4.45 infers that the stock is OVERPRICED.
SCOA
The share price of SCOA on Thursday grew by 9.62% to close at N4.90 from the previous close of N4.47.
It is currently trading at its year high.
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 N4.90, SCOA is OVERPRICED.
LIVESTOCK FEEDS
The share price of Livestock Feeds on Thursday grew by 9.58% to close at N9.15.
The price of Livestock Feeds has touched a high of N10.83 and a low of N1.57 in the past 52 weeks.
It is trading 15.51% away from its 52-week high, suggesting it can still touch that price.
FY 2024 report shows significant growth in PAT (profit after tax) from loss after tax of N230 million to profit after tax of N1.93 billion. Although Q1 2025 profit after tax of the Company dropped by 78.9% to N38.2 million from N181 million.
With FY 2024 EPS of 64 kobo, Livestock Feeds has a P/E ratio of 14.3x with Earnings yield of 7%.
It’s Book Value of N1.14 relative to the current market price of N9.15 indicates that Livestock Feeds is OVERPRICED.