ACADEMY
Investo's verdict, shared with you
Academy Press Plc trades at ₦5.55, essentially at our blended fair value estimate of ₦5.31 (base), offering negligible margin of safety while simultaneously exhibiting a deteriorating revenue trajectory — Q1 FY2027 revenue collapsed 50.7% YoY to ₦771.5m — and a committee score that is unambiguously weak across value, quality, momentum, and income factors. The EPS data conflict (filing-derived ₦0.28 vs independent data source ₦1.04, a 3.72x gap) materially undermines the P/E valuation leg, and our independent data source reported ROE of -8.67% stands in sharp contradiction to the filing-derived ROE of 24.9%, suggesting either a period mismatch or serious data quality issues that cloud the fundamental picture. Until the earnings base is reconciled and the revenue decline arrested, the risk/reward is unfavourable.
Verdict published 2026-09-05 · fundamentals through Q1-FY2027 · reviewed as the data changes
Published with 1 open flag · confidence downgraded
A per-share input was repaired or refused
One of the per-share figures behind this valuation did not agree with the audited totals it should reconcile to, so it was recomputed from those totals or rejected outright.
vendor EPS ₦1.04 is 3.72x our filing-derived ₦0.28 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.