LIVESTOCK
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 · 3 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.
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.
- A per-share figure in the source data that reconciles to the reported totals.
Show what the engine computed
Method spread · 10.36× between the highest and lowest valuation leg.
Methods disagree · The valuation legs disagree by 10.36x (Blended P/E band ₦12.23 vs Blended P/B band ₦1.18). No point estimate is defensible until the inputs are reconciled.
Implied P/B off peers · Implied P/B at base 17.48x is 8.53x the sector median 2.05x.
Figure corrected · EPS anchor is from the accounts to 2024-12-31; the company has since filed LIVESTOCK FEEDS PLC.- QUARTER 5 - FINANCIAL STATEMENT FOR 20 (2026-03-26), which we hold and which shows no positive earnings per share to anchor on
Input quality · EPS anchor is from the accounts to 2024-12-31; the company has since filed LIVESTOCK FEEDS PLC.- QUARTER 5 - FINANCIAL STATEMENT FOR 20 (2026-03-26), which we hold and which shows no positive earnings per share to anchor on
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.