UNIONDICON
Investo's verdict, shared with you
No fair value published
No valuation could be derived for this company from the inputs we hold.
Union Dicon Salt Plc presents a deeply distressed fundamental profile: the company carries negative equity of ₦1.346bn as at 30 June 2026, YTD revenue of just ₦13.005m against cost of sales of ₦955m, and Q2 standalone PAT of ₦1.208bn appears structurally inconsistent with the revenue base, raising serious concerns about the reliability and interpretability of the filed figures. Against a market capitalisation of ₦6.49bn, the stock trades at metrics (P/E of ~107.9x per our independent cross-check, P/B of -4.82x) that are simultaneously expensive on earnings and economically meaningless on book value given the negative equity position. The committee score reads 'cautious' with a net score of -1, reflecting negative Value and Quality factors — a read this assessment fully endorses.
Verdict published 2000-01-01 · fundamentals through Q2-2026 · reviewed as the data changes
Verdict moderated to Watch — Avoid was refused
No computed valuation exists for this name.
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.