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HBMNG (HBMNG) is listed on NGX in the INDUSTRIAL GOODS sector, with exposure to Cement, Hydraulic. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
INDUSTRIAL GOODS
₦5.4T
3.6%
16.74
Current price
₦335.00
Updated Updated 3h ago
Conviction
82/100
Confidence
Low
Market tone
neutral · 50/100
Entry
Medium · 82/100
Recent price action for HBMNG, so the page starts with the stock itself before the deeper analysis.
This is a reasonably large name with enough regular flow that normal-sized exits should usually be workable.
Valuation view
Looks relatively cheap vs peers
Income view
Moderate income profile
Market tone
neutral (50/100) — price action, attention, and recent context all lean here.
Entry view
Medium (82/100) — The company is profitable on the latest reported numbers.
HBM Nigeria Plc, together with its subsidiaries, manufactures, markets, and sells cement and other cementitious products in Nigeria. It offers aggregates, ready-mix concrete, fly-ash, cementitious tile adhesive, plaster of Paris (POP), and power generation products, as well as mortar and waste management solutions. The company provides cement solutions under the RoadCem, Unicem, Ashaka Cem, Watershield Cement, Elephant Cement, AshakaCem, PowerMax, CEM1, Ground Calcium Carbonate, Geocycle, Supafix, Supa Whyte, and Elephant Supaset brands. It also offers building and construction services. The company was formerly known as Lafarge Africa Plc and changed its name to HBM Nigeria Plc in April 2026. The company was incorporated in 1959 and is headquartered in Lagos, Nigeria. Lafarge Africa Plc operates as a subsidiary of Caricement BV.
Investors usually follow HBMNG 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.
Director dealings
0
Reported buys, sells, and mixed dealings.
Corporate actions
0
Dividend and company notices.
Market events
0
Insider, filing, dividend, and price events.
Source records
6
Captured updates we can trace.
Whisone is bullish because fundamentals are solid at 82/100 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.
ROE
47.9%
Return on equity
ROA
25.0%
Return on assets
Debt / equity
0.00
Lower is usually safer.
P/B ratio
6.81
Useful for book value support.
Dividend yield
3.6%
Current income signal.
89/100
Direction
Range-bound
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
Analyst target data does not currently point to clear upside.
Fair value
₦348.58
Analyst view
Buy
Analyst target
₦293.76
Forecast refresh
Updated 17h ago
Quality score
81
Growth score
80
These are the external analyst numbers and business outlook figures already synced into the company record.
Low target
₦1,200,000,000,000.00
High target
₦1,600,000,000,000.00
Revenue this year
₦1.45T
Revenue next year
₦1.8T
EPS this year
₦24.76
EPS next year
₦30.83
Dividend / share
₦2.00
Forward P/E
7.39
Updated 2d ago
Bulk intraday company price snapshot from NGXPulse.
Price points saved
0
Dividend yield
3.6%
Ex-dividend date
Apr 7, 2026
regulation
HBMNG may also move because the INDUSTRIAL GOODS sector may move with regulation. Confidence 63%.
NSIB recommended national procedures (NCAA, NAMA, FAAN collaboration) that would change how aircraft incidents are managed nationwide.
sector_performance
HBMNG may also move because the INDUSTRIAL GOODS sector may benefit from sector_performance. Confidence 63%.
Oil & Gas was the second-best performing sector, up 4.22%, contributing materially to the rally.
affected_by foreign ownership scrutiny
HBMNG may also move because the INDUSTRIAL GOODS sector may move with affected_by foreign ownership scrutiny. Confidence 60%.
Senate debate focused on foreign ownership in the cement sector (Lafarge controls ~18% market) and called for oversight and protections for local investors.
foreign_ownership_concerns
HBMNG may also move because the INDUSTRIAL GOODS sector may move with foreign_ownership_concerns. Confidence 60%.
Senate discussion highlighted concerns over foreign ownership in the cement sector while noting Lafarge controls about 18% of the market; regulators were asked to scrutinise the sale.
foreign_ownership_scrutiny
HBMNG may also move because the INDUSTRIAL GOODS sector may move with foreign_ownership_scrutiny. Confidence 60%.
The proposed sale of a major cement producer to a foreign buyer led to Senate review and directives for regulatory scrutiny, indicating sector‑wide attention to foreign ownership and compliance.
foreign_acquisition
HBMNG may also move because the INDUSTRIAL GOODS sector may move with foreign_acquisition. Confidence 56%.
The acquisition and pledged capital injection are expected to enhance production capacity, support industrial growth and attract additional foreign investment into the economy.
HBMNG
HBMNG
Price: ₦335.00
P/E: 16.74
Yield: 3.6%
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Industry
Cement, Hydraulic
Founded
1959
Employees
1,478
Exchange
NGX
Ticker
HBMNG
