Ratings Dangote Cement Plc

Equities

DANGCEM

NGDANGCEM008

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-05-23 pm EDT			5-day change	1st Jan Change
656.7 ^NGN	0.00%		0.00%	+105.28%

Apr. 30	Transcript : Dangote Cement Plc, Q1 2024 Earnings Call, Apr 30, 2024
Apr. 25	Dangote Cement Plc Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's activity appears highly profitable thanks to its outperforming net margins.
This company will be of major interest to investors in search of a high dividend stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the past twelve months, EPS forecast has been revised upwards.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company appears highly valued given the size of its balance sheet.
Most analysts agree on a negative opinion with regard to the stock. Indeed, the average consensus issues recommendations to underperform or sell.
The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Sector: Construction Materials

	1st Jan change	Capi.	ESG Refinitiv
DANGOTE CEMENT PLC	+105.28%	7.46B	-
HOLCIM LTD	+21.54%	49.32B	B
ANHUI CONCH CEMENT COMPANY LIMITED	+8.54%	16.67B	B+
JAMES HARDIE INDUSTRIES PLC	-16.34%	13.59B	D+
SHREE CEMENT LIMITED	-11.16%	11.06B	B+
EAGLE MATERIALS INC.	+17.47%	8.08B	D
TAIWAN CEMENT CORP.	-2.30%	7.96B	B+
BUZZI S.P.A.	+42.99%	7.9B	B-
TIANSHAN MATERIAL CO., LTD.	-7.19%	7.42B	C+
ACC LTD	+18.00%	5.9B	B

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes