CHEMICAL AND ALLIED PRODUCTS PLC-Q2 2026 EARNINGS RELEASE
3 pages were reviewed. Open the update for the summary and original document.
Please wait
Open
₦115.45
Previous close
₦115.45
Day range
₦115.45 – ₦115.45
Volume
119,701
15.3x P/E
Awaiting filing
3.5% yield
65/100 measured
Moderate liquidity
Recent price movement, key market context and the latest company information.
The latest saved price history for CAP, with its range and direction at a glance.
3 pages were reviewed. Open the update for the summary and original document.
Chemical and Allied Products Plc manufactures and sells paints and coatings in Nigeria. The company offers decorative and industrial coatings; indoor, outdoor, specialty, and protective coatings; primers; and other products. It sells its products under the Dulux, Caplux, Sandtex, and Hempel brands. The company distributes its products through Dulux colour stores, Dulux colour shops, and Sandtex stores. The company was founded in 1957 and is based in Lagos, Nigeria. Chemical and Allied Products Plc is a subsidiary of UAC of Nigeria PLC.
Investors usually follow CAP for its dividend profile, valuation signal, sector position, and upcoming company events. The goal here is not just to show numbers, but to explain what they mean in plain English.
Whisone is bullish because fundamentals are solid at 79/100 while turnover is thin at 0.020%. 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
₦6.15B
TTM (2026-08-31)
ROE
40.3%
Return on equity
ROA
23.5%
Return on assets
Debt / equity
0.00
Lower is usually safer.
P/B ratio
6.75
Useful for book value support.
Dividend yield
3.5%
Current income signal.
77/100
Direction
Cautious
Main supports
Business quality and balance-sheet strength are supporting the outlook.
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
₦115.40
Analyst view
n/a
Forecast refresh
Updated 5h ago
Quality score
78
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.
₦1.55
2023-06-02
Payment: 2023-06-16 | Qualification: 2023-06-01 | Yield at declaration: N/A
₦1.25
2022-06-02
Payment: 2022-06-17 | Qualification: 2022-06-01 | Yield at declaration: N/A
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
3.4
Momentum is weak and the stock is in oversold territory.
Recent trend
Falling
-19.0% across the latest saved price window.
Volatility
Low
Beta is 0.77. Price has historically moved more calmly than the wider market.
52-week position
30% of range
Price is sitting around the middle of its 52-week range.
Volume confirmation
0.74x average
Trading activity is broadly within its normal range.
dividends
CAP may benefit from dividends. Confidence 95%.
Seplat declared a quarterly dividend of 12 cents per share, a material increase from prior periods.
final dividend increase
CAP may benefit from final dividend increase. Confidence 95%.
CAP approved a final dividend of N4.00 per 50 kobo share, a 67% increase versus prior year, indicating direct positive shareholder return impact.
operational efficiency
CAP may benefit from operational efficiency. Confidence 90%.
CAP (an industrial goods company) reported margin expansion and cited cost optimisation and operational efficiency as key drivers.
operational_efficiency
CAP may benefit from operational_efficiency. Confidence 90%.
NNPC's $3.4bn cost reduction from contract restructuring, higher production and terminal recovery are described as strengthening competitiveness across Nigeria's petroleum industry.
operational_efficiency_and_cost_optimisation
CAP may benefit from operational_efficiency_and_cost_optimisation. Confidence 90%.
Management attributed improved profitability and expanded operating margins (15% to 18%) to operational efficiency and cost optimisation.
Sector spillover signals
operational efficiency
CAP may also move because the INDUSTRIAL GOODS sector may benefit from operational efficiency. Confidence 90%.
CAP (an industrial goods company) reported margin expansion and cited cost optimisation and operational efficiency as key drivers.
operational_efficiency
CAP may also move because the INDUSTRIAL GOODS sector may benefit from operational_efficiency. Confidence 90%.
NNPC's $3.4bn cost reduction from contract restructuring, higher production and terminal recovery are described as strengthening competitiveness across Nigeria's petroleum industry.
consumer demand / market expansion
CAP may also move because the INDUSTRIAL GOODS sector may benefit from consumer demand / market expansion. Confidence 85%.
CAP's revenue and retail network growth indicate stronger end-market demand and market penetration for paints and coatings.
CAC enforcement of business letter requirements
CAP may also move because the INDUSTRIAL GOODS sector may move with cac enforcement of business letter requirements. Confidence 80%.
The enforcement applies to all companies registered under the Act; companies in the Industrial Goods sector will need to comply with the updated business-letter content rules or face sanctions.
challenging_operating_environment
CAP may also move because the INDUSTRIAL GOODS sector may move with challenging_operating_environment. Confidence 80%.
Article notes Nigeria's operating environment remained demanding for manufacturers in 2025 despite signs of stabilisation.
sector_rotation
CAP may also move because the INDUSTRIAL GOODS sector may benefit from sector_rotation. Confidence 80%.
The piece notes industrials closed at new weekly highs and were among sectors leading the broadening market advance.
market_stabilisation
CAP may also move because the INDUSTRIAL GOODS sector may benefit from market_stabilisation. Confidence 70%.
CAP, an industrial goods (paints & coatings) manufacturer, reported that stabilisation in Nigeria's operating environment supported performance.
Price volatility in cement
CAP 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.
CAP
CAP Plc
Price: ₦115.45
P/E: 15.31
Yield: 3.5%
AUSTINLAZ
Austin Laz & Company Plc
Price: ₦2.72
P/E: N/A
Yield: N/A
BERGER
Berger Paints Nigeria Plc
Price: ₦147.60
P/E: 24.69
Yield: 1.1%
BETAGLAS
Beta Glass Plc
Price: ₦562.80
P/E: 11
Yield: 1.3%
Industry
Paints, Varnishes, Lacquers, Enamels, and Allied Products
Founded
1957
Employees
298
Exchange
NGX
Ticker
CAP
2026-07-28
Estimated earnings date
2026-07-27
CHEMICAL AND ALLIED PRODUCTS PLC- NOTICE OF BOARD MEETING (BM)
2026-06-29
17.09