BETAGLAS
Investo's verdict, shared with you
No fair value published
The derivation ran and was refused by our own plausibility checks. We publish no number rather than a plausible-looking one.
Why · 4 checks
Our valuation methods disagree
The earnings-based and book-based readings of this company differ by more than 2.5×. That spread is real information, but averaging it would manufacture a number no method actually produced.
Implied book multiple is far from the peer group
At the computed value this company would trade at a P/B a long way from its sector median. Either the book-value input or the peer anchor is unreliable.
Our own committee reads this differently
Our rules-based factor scorecard scores this company's Value factor the opposite way to our fair value. Both cannot be right, so neither is presented as settled.
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.
What we would need
- Earnings and book value drawn from the same set of accounts, so the two legs can be reconciled.
- A verified book value per share, or a peer group with enough clean constituents.
- Agreement between the filing-derived valuation and the vendor ratios the committee scores.
- A per-share figure in the source data that reconciles to the reported totals.
Show what the engine computed
Method spread · 4.42× between the highest and lowest valuation leg.
Methods disagree · The valuation legs disagree by 4.42x (Blended P/E band ₦163.77 vs Blended P/B band ₦723.19). No point estimate is defensible until the inputs are reconciled.
Implied P/B off peers · Implied P/B at base 1.91x is 0.36x the sector median 5.34x.
Committee disagrees · Committee scores Value POSITIVE (strong) but our base fair value implies -41.1% downside.
Input repaired · vendor EPS ₦55.77 is 5.37x our filing-derived ₦10.39 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved
Input quality · vendor EPS ₦55.77 is 5.37x our filing-derived ₦10.39 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved
Beta Glass Plc is a dominant Nigerian container glass manufacturer currently subject to a mandatory takeover offer at ₦590.94 per share from Emerald HoldCo B.V.
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.