Lafarge Africa PLC
Lafarge Africa PLC operates in the construction materials sector, generating revenue through the production and sale of building materials, though specific product lines are not detailed in the available data.
Business. Lafarge Africa PLC operates in the construction materials sector, generating revenue through the production and sale of building materials, though specific product lines are not detailed in the available data.
Analyst recommendations
9 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
2Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Lafarge Africa PLC (WAPCO.LG) has experienced no material changes in its fundamental profile or market signals as of the latest analysis. A review of 17 key fields, excluding four schema-expansion fields, confirmed that the company’s status remains static compared to prior assessments. There are no new developments in executive leadership, analyst coverage, or index membership to report. The absence of material change is underscored by a lack of significant market activity or news flow. Over the 30-day period ending July 15, 2026, daily dispatch counts were predominantly zero, with only a single dispatch recorded on July 13, 2026. This minimal activity suggests a period of quiet trading and limited public commentary surrounding the stock. From a structural perspective, Lafarge Africa PLC continues to operate with zero reported officers and zero top holders in the current dataset. The company is not a member of any major indices, and analyst coverage remains limited to just two analysts. These metrics indicate a relatively low-profile presence in the broader market landscape. Given the lack of new information, the significance of this period lies in its stability rather than transformation. Investors should note that the company’s valuation and operational outlook remain unchanged from previous periods, with no new catalysts identified in the available financials or estimates. The static nature of the data implies that any future shifts in sentiment or price will likely require new external triggers.
Signals & dispatch
Composite-score breakdown
Synthesis
Lafarge Africa PLC operates in the construction materials sector, generating revenue through the production and sale of building materials, though specific product lines are not detailed in the available data.
Lafarge Africa PLC maintains a conservative capital structure with a debt-to-equity ratio of 0.0, indicating minimal leverage relative to its equity base of 693,995,670,000 NGN. The company holds total assets of 1,208,024,398,000 NGN against total liabilities of 514,028,728,000 NGN, resulting in a current ratio of 1.34, which suggests adequate short-term liquidity to cover immediate obligations. Despite the low debt levels, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, implying that cash and equivalents are insufficient to fully offset debt obligations without considering other current assets.
Profitability metrics demonstrate strong operational efficiency, with a return on equity (ROE) of 20.69% and a return on assets (ROA) of 11.89%. The company generated net income of 273,120,312,000 NGN on revenue of 1,066,304,773,000 NGN, reflecting a net margin of approximately 25.6%. Operating income stood at 392,099,733,000 NGN, indicating robust operating leverage. However, without cohort median data provided in the input, direct comparative analysis against industry peers is omitted, though the absolute returns suggest a profitable business model within its operating environment.
Segment and geographic revenue breakdowns are not provided in the available data, preventing an analysis of revenue concentration or regional exposure. The company’s activity is broadly classified under construction materials, but specific product mix or customer concentration details are absent from the structured input.
Growth trajectory analysis is limited due to the absence of historical period data in the input. The financial snapshot provides only the latest normalized period figures, with no year-over-year or quarterly trend data available to assess revenue or earnings momentum.
Risk factors include medium liquidity risk and low dilution risk, with a key flag noting negative net cash after debt subtraction. The dilution risk is assessed as low, supported by the fact that basic and diluted shares outstanding are identical at 16,107,795,721 shares, indicating no significant in-the-money options or convertible securities impacting share count.
Recent events are reflected in analyst estimates, with a mean price target of 285.25 NGN and a median target of 245.54 NGN, suggesting a range of expectations among analysts. The mean recommendation is 2.44, leaning towards a buy rating, with one strong buy, four buy, and three hold recommendations. No specific filing, news, or transcript observations are provided in the input data.
Lafarge Africa PLC (WAPCO.LG) has experienced no material changes in its fundamental profile or market signals as of the latest analysis. A review of 17 key fields, excluding four schema-expansion fields, confirmed that the company’s status remains static compared to prior assessments. There are no new developments in executive leadership, analyst coverage, or index membership to report. The absence of material change is underscored by a lack of significant market activity or news flow. Over the 30-day period ending July 15, 2026, daily dispatch counts were predominantly zero, with only a single dispatch recorded on July 13, 2026. This minimal activity suggests a period of quiet trading and limited public commentary surrounding the stock. From a structural perspective, Lafarge Africa PLC continues to operate with zero reported officers and zero top holders in the current dataset. The company is not a member of any major indices, and analyst coverage remains limited to just two analysts. These metrics indicate a relatively low-profile presence in the broader market landscape. Given the lack of new information, the significance of this period lies in its stability rather than transformation. Investors should note that the company’s valuation and operational outlook remain unchanged from previous periods, with no new catalysts identified in the available financials or estimates. The static nature of the data implies that any future shifts in sentiment or price will likely require new external triggers.
- Lafarge Africa PLC exhibits strong profitability with an ROE of 20.69% and ROA of 11.89%, driven by high net margins on 1.07 trillion NGN in revenue.
- The company maintains a debt-to-equity ratio of 0.0, indicating a highly conservative leverage profile, though liquidity risk is rated medium due to negative net cash after debt.
- Dilution risk is low, as basic and diluted share counts are identical, suggesting no immediate pressure from equity conversions or options.
- Analyst sentiment is moderately positive, with a mean recommendation of 2.44 and a mean price target of 285.25 NGN, reflecting confidence in the company’s fundamentals.
- Lack of historical data and segment breakdowns limits the ability to assess growth trends and revenue concentration risks.
Bull / Bear case
Generated · model-assistedNet income surged 172.7% year-over-year to NGN 273.1 billion in FY2026, demonstrating exceptional earnings acceleration.
Free cash flow expanded 477% year-over-year to NGN 149.6 billion, highlighting robust cash generation capabilities.
The company maintains a zero debt-to-equity ratio, providing a pristine balance sheet with minimal leverage risk.
A medium liquidity risk flag suggests potential challenges in meeting short-term financial obligations or trading volume.
Capex to revenue ratio of -9.2% ranks in the bottom quartile, potentially indicating underinvestment in future growth.
In focus — financials by report
Revenue NGN 1.07T, +53,0% YoY; Operating income +103,2% YoY.
- ▍Revenue NGN 1.07T, +53,0% YoY
- ▍Operating income +103,2% YoY
- ▍Net income +172,7% YoY
- ▍Free cash flow +477,0% YoY
- ▍Net margin 25.6%
Revenue NGN 696.76B, +71,8% YoY; Operating income +89,2% YoY.
- ▍Revenue NGN 696.76B, +71,8% YoY
- ▍Operating income +89,2% YoY
- ▍Net income +95,8% YoY
- ▍Free cash flow +350,7% YoY
- ▍Net margin 14.4%
Revenue NGN 405.50B, +8,6% YoY; Operating income +21,2% YoY.
- ▍Revenue NGN 405.50B, +8,6% YoY
- ▍Operating income +21,2% YoY
- ▍Net income −4,7% YoY
- ▍Free cash flow −125,1% YoY
- ▍Net margin 12.6%
Revenue NGN 373.24B, +27,4% YoY; Operating income +29,3% YoY.
- ▍Revenue NGN 373.24B, +27,4% YoY
- ▍Operating income +29,3% YoY
- ▍Net income +5,2% YoY
- ▍Free cash flow +22,2% YoY
- ▍Net margin 14.4%
Revenue NGN 293.09B; Operating income NGN 65.11B.
- ▍Revenue NGN 293.09B
- ▍Operating income NGN 65.11B
- ▍Net margin 17.4%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 26,48 |
| Revenue | —no estimate | —no estimate | 1,44T NGN |
| Operating income | —no estimate | —no estimate | 585,2B NGN |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
24 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Ashaka Cement Plant | Cement plant | Cement | Nigeria | Parent |
| Ashaka Cement Plant | Cement plant | Cement | Nigeria | Registered owner |
| Ewekoro 1 Cement Plant | Cement plant | Cement | Nigeria | Registered owner |
| Ewekoro 1 Cement Plant | Cement plant | Cement | Nigeria | Parent |
| Ewekoro 2 Cement Plant | Cement plant | Cement | Nigeria | Registered owner |
| Ewekoro 2 Cement Plant | Cement plant | Cement | Nigeria | Parent |
| Lafarge power station | Power | Oil & Gas | Nigeria | Registered owner |
| Lafarge power station | Power | Power | Nigeria | Parent |
| Lafarge power station | Power | Power | Nigeria | Registered owner |
| Lafarge power station | Power | Power | Nigeria | Parent |
| Lafarge power station | Power | Power | Nigeria | Registered owner |
| Lafarge power station | Power | Oil & Gas | Nigeria | Registered owner |
| Lafarge power station | Power | Power | Nigeria | Parent |
| Lafarge power station | Power | Power | Nigeria | Registered owner |
| Lafarge power station | Power | Oil & Gas | Nigeria | Parent |
| Lafarge power station | Power | Oil & Gas | Nigeria | Registered owner |
| Lafarge power station | Power | Oil & Gas | Nigeria | Parent |
| Lafarge power station | Power | Oil & Gas | Nigeria | Parent |
| Maiganga Coal Mine | Coal mine | Coal | Nigeria | Parent |
| Maiganga Coal Mine | Coal mine | Coal | Nigeria | Registered owner |
| Mfamosing Cement Plant | Cement plant | Cement | Nigeria | Parent |
| Mfamosing Cement Plant | Cement plant | Cement | Nigeria | Registered owner |
| Sagamu Cement Plant | Cement plant | Cement | Nigeria | Registered owner |
| Sagamu Cement Plant | Cement plant | Cement | Nigeria | Parent |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Return On Assetsnet_income / total_assets
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Cash Conversion Ratiooperating_cash_flow / net_income
- Lafarge Africa PLC Market data — financials · 2026-07-06
- Lafarge Africa PLC Market data — analyst estimates · 2026-07-06