JULI
Investo's verdict, shared with you
No fair value published
The derivation ran and was refused by our own plausibility checks — so we publish no number rather than a plausible-looking one.
Why
The derivation failed our plausibility check
The computed value landed outside the 0.4×–2.5× band that real price targets occupy. A result that far from the traded price means one of our inputs is wrong, not that the market is wrong by that much — so we publish nothing rather than clamp it into range.
What we would need
- A per-share input (earnings or book value) that reconciles to the latest audited totals.
Show what the engine computed
Rejected figure · ₦0.81 — floor — raw base ₦0.81 is 0.11x price. This figure is shown only to document what was refused; it is not an estimate and no upside is computed from it.
Failed plausibility rail · Fair value hit our plausibility bounds: floor — raw base ₦0.81 is 0.11x price. The published base is the rail, not a derivation.
Juli Plc is a deeply distressed NGX-listed services company with negative total equity of ₦30.2m, accumulated losses of ₦867.5m, and a revenue base that collapsed 47.5% YoY to ₦67.96m in Q2-2026, while the stock trades at ₦7.25 — implying a market cap of ₦1.45bn that is wholly disconnected from any identifiable fundamental anchor. The company has reported losses at both PBT and PAT level (₦-8.38m in Q2-2026 alone), generating no earnings to support the current price, and the committee score scores negative across value, quality, and momentum with a net score of -3. At 28.47x book on a negative-equity balance sheet, the risk-reward is severely unfavourable and the stock warrants an unambiguous avoid.
Verdict published 2026-08-18 · fundamentals through Q2-2026 · reviewed as the data changes
Verdict moderated to Watch — Avoid was refused
Fair value hit our plausibility bounds, so there is no defensible valuation behind an extreme call.
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.