BERGER PAINTS NIGERIA PLC- QUARTER 2 - FINANCIAL STATEMENT FOR 2026
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Open
₦147.60
Previous close
₦147.60
Day range
₦147.60 – ₦147.60
Volume
1,613
24.7x P/E
Awaiting filing
1.1% yield
65/100 measured
Hard to exit
BERGER has a cautious over 30 days and range-bound over one year.
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Expected move
-5.07%
Expected price
₦140.12
Lower path
₦132.35
Upper path
₦147.90
Confidence
Whisone is bullish because fundamentals are solid at 77/100 while today's volume is only 16% of average. Whisone has high conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
Latest net profit
₦1.74B
TTM (2026-08-31)
ROE
31.5%
Return on equity
ROA
17.3%
Return on assets
Debt / equity
0.03
Lower is usually safer.
P/B ratio
7.90
Useful for book value support.
Dividend yield
1.1%
Current income signal.
77/100
Direction
Cautious
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Recent price behavior and momentum still support follow-through.
Recent price and fundamentals refreshes improve signal reliability.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Liquidity looks thin, so even a good thesis may take longer to show up in price.
Fair value
₦147.61
Analyst view
n/a
Forecast refresh
Updated 10h ago
Quality score
77
Growth score
50
These are the external analyst numbers and business outlook figures already synced into the company record.
No external analyst outlook is available for this company yet.
₦0.70
2023-04-27
Payment: 2023-05-24 | Qualification: 2023-04-26 | Yield at declaration: N/A
₦0.40
2022-04-22
Payment: 2022-05-19 | Qualification: 2022-04-21 | Yield at declaration: N/A
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
71.3
Momentum is strong, but the stock is in overbought territory.
Recent trend
Sideways
+0.0% across the latest saved price window.
Volatility
Moderate
Beta is 1.23. Price sensitivity is broadly around the market range.
52-week position
84% of range
Price is trading close to its 52-week high.
Volume confirmation
0.16x average
Trading activity is light, so the current price move has weaker confirmation.
BERGER may be hurt by regulatory overlap. Confidence 95%.
Julius Berger (industrial goods/construction) described regulatory and multi-level approval complexity as delaying infrastructure projects, implying sector-wide impacts.
regulatory overlap / weak coordination
BERGER may be hurt by regulatory overlap / weak coordination. Confidence 95%.
The company said these regulatory and coordination issues are delaying infrastructure projects, implying sector-wide impacts for infrastructure-related industrial goods firms.
host_community_coordination_issues
BERGER may move with host_community_coordination_issues. Confidence 90%.
The company cited weak coordination among government agencies, host communities and the private sector as delaying projects.
infrastructure_failure
BERGER may move with infrastructure_failure. Confidence 90%.
FG confirmed the Ibadan section completed by Julius Berger is failing badly and ordered a rebuild, tying the failure to the company's completed work.
road failure / ordered rebuild
BERGER may move with road failure / ordered rebuild. Confidence 90%.
Article states the Ibadan axis, completed by Julius Berger, is failing badly and the FG has ordered a rebuild.
Sector spillover signals
regulatory overlap / weak coordination
BERGER may also move because the INDUSTRIAL GOODS sector may be hurt by regulatory overlap / weak coordination. Confidence 95%.
The company said these regulatory and coordination issues are delaying infrastructure projects, implying sector-wide impacts for infrastructure-related industrial goods firms.
infrastructure_failure
BERGER may also move because the INDUSTRIAL GOODS sector may move with infrastructure_failure. Confidence 90%.
FG confirmed the Ibadan section completed by Julius Berger is failing badly and ordered a rebuild, tying the failure to the company's completed work.
infrastructure_failure
BERGER may also move because the INDUSTRIAL GOODS sector may be hurt by infrastructure_failure. Confidence 90%.
FG confirmed the Ibadan section completed by Julius Berger is failing badly and ordered a rebuild, tying the failure to the company's completed work.
government_rebuild_order
BERGER may also move because the INDUSTRIAL GOODS sector may move with government_rebuild_order. Confidence 85%.
Federal Government has ordered the failed section to be rebuilt; this directly involves the contractor responsible for the completed work.
Price volatility in cement
BERGER may also move because the INDUSTRIAL GOODS sector may move with price volatility in cement. Confidence 63%.
Building sector operators warn that erratic cement price increases are driving up construction costs across the market.
affected_by_energy_and_logistics_costs
BERGER may also move because the INDUSTRIAL GOODS sector may move with affected_by_energy_and_logistics_costs. Confidence 63%.
The piece states the cement industry faces higher costs from energy, logistics, naira depreciation and imported inputs, increasing retail prices.
broad_selloff
BERGER may also move because the INDUSTRIAL GOODS sector may move with broad_selloff. Confidence 63%.
Aradel Holdings (classified under Oil and Gas) was named among decliners driving the market loss.
business-letter-regulation
BERGER may also move because the INDUSTRIAL GOODS sector may move with business-letter-regulation. Confidence 63%.
CAC enforcement of CAMA 2020 business-letter content requirements applies to all registered companies, including firms in the industrial goods sector.
BERGER
Berger Paints Nigeria Plc
Price: ₦147.60
P/E: 24.69
Yield: 1.1%
AUSTINLAZ
Austin Laz & Company Plc
Price: ₦2.72
P/E: N/A
Yield: N/A
BETAGLAS
Beta Glass Plc
Price: ₦562.80
P/E: 11
Yield: 1.3%
BUACEMENT
BUA Cement Plc
Price: ₦316.00
P/E: 21.4
Yield: 3.2%
Industry
Paints, Varnishes, Lacquers, Enamels, and Allied Products
Founded
1959
Employees
131
Exchange
NGX
Ticker
BERGER
2026-07-31
BERGER PAINTS NIGERIA PLC- QUARTER 2 - FINANCIAL STATEMENT FOR 2026
2026-07-31
BERGER PAINTS NIGERIA PLC- QUARTER 2 - FINANCIAL STATEMENT FOR 2026
2026-07-30
18.68