MEYER PLC- QUARTER 2 - FINANCIAL STATEMENT FOR 2026
Eye extracted 45 pages. Open the source or continue to Signals for the evidence trail.
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N/A
Previous close
₦16.70
Day range
N/A
Volume
123,385
16.4x P/E
Awaiting filing
2.7% yield
65/100 measured
Easy to trade
The latest saved price history for MEYER, with its range and direction at a glance.
Eye extracted 45 pages. Open the source or continue to Signals for the evidence trail.
Meyer Plc manufactures and sells paint, coating, adhesives, and flooring products in Nigeria. The company operates through Paints and Painting services segments. It offers architectural, decorative, auto refinishes, industrial, and marine coatings, as well as wood finishes. The company also offers road lining paints; and roof, tube, and HP coatings. In addition, it involves in application of paints on completed buildings; and building and construction business. Meyer Plc was formerly known as DN Meyer Plc and changed its name to Meyer Plc in August 2016. The company was founded in 1940 and is headquartered in Ikeja, Nigeria.
Investors usually follow MEYER 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 Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Position: NON-EXECUTIVE DIRECTOR. Sold 2 shares, on 21 Oct 2025, at ₦12.15 per share, worth ₦24.30. From an official NGX DirectorsDealings filing. Supporting filing text captured.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Director dealings
1
Reported buys, sells, and mixed dealings.
Official filings
11
Financial reports and company disclosures captured by Eye.
Market events
0
Insider, filing, dividend, and price events.
Source records
41
Captured updates we can trace.
Whisone is bullish because fundamentals are solid at 81/100 while turnover is thin at 0.018%. 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
24.4%
Return on equity
ROA
7.4%
Return on assets
Debt / equity
0.00
Lower is usually safer.
P/B ratio
3.74
Useful for book value support.
Dividend yield
2.7%
Current income signal.
77/100
Direction
Heavy downside risk
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
₦16.65
Analyst view
n/a
Forecast refresh
Updated 7h ago
Quality score
80
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.
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
6.1
Momentum is weak and the stock is in oversold territory.
Recent trend
Falling
-10.0% across the latest saved price window.
Volatility
Low
Beta is -0.40. Price has historically moved more calmly than the wider market.
52-week position
37% of range
Price is sitting around the middle of its 52-week range.
Volume confirmation
1.32x average
Trading activity is above average, giving the current move stronger participation.
market_rebound
MEYER may be hurt by market_rebound. Confidence 85%.
The article reports N9.34 trillion in weekly gains for Nigerian equities, indicating the listed market/benchmark benefited from the rebound.
stock_price_decline
MEYER may be hurt by stock_price_decline. Confidence 85%.
Meyer was reported to have trailed the losers, falling 9.95% during the session.
selling_pressure
MEYER may move with selling_pressure. Confidence 80%.
Fidelity Bank slipped 2.17% and was included among the session's losers.
insider_stock_sale
MEYER may move with insider_stock_sale. Confidence 70%.
Article reports a director sold $121.9M of stock, which could affect the company's market perception and share demand.
insider_sale
MEYER may be hurt by insider_sale. Confidence 70%.
Article headline reports a director (Meyer Malka) sold $121.9 million in stock, which can pressure investor sentiment for the company's shares.
Sector spillover signals
affected_by_energy_and_logistics_costs
MEYER 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
MEYER 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
MEYER 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.
decarbonization / climate regulation
MEYER may also move because the INDUSTRIAL GOODS sector may move with decarbonization / climate regulation. Confidence 63%.
The article frames a sector-wide call for net-zero cement production and accelerated decarbonization across African producers.
energy_costs
MEYER may also move because the INDUSTRIAL GOODS sector may move with energy_costs. Confidence 63%.
The cement industry cites higher energy prices and removal of fuel subsidies as increasing production costs across manufacturers.
foreign_investment
MEYER may also move because the INDUSTRIAL GOODS sector may move with foreign_investment. Confidence 63%.
Article states Mohammed Dewji expressed interest to invest US$100m in Dangote's proposed Kenya refinery, indicating capital inflows for the oil/refining project.
logistics
MEYER may also move because the INDUSTRIAL GOODS sector may move with logistics. Confidence 63%.
Supply and delivery of petrol, diesel and aviation fuel are disrupted by tanker traffic on the Apapa axis.
regulation
MEYER 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.
MEYER
Meyer Plc
Price: ₦16.70
P/E: 16.44
Yield: 2.7%
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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
1940
Employees
79
Exchange
NGX
Ticker
MEYER