All companies · BRVM · Food processing
Nestlé Côte d’Ivoire (NTLC)
Graham-inspired analysis adapted to available modern market data.
Overview
Last price
15,490 XOF
Where does this figure come from?
- price · Oct 5, 2026 · 15,490 XOF — NTLC market quote (delayed), Stock Analysis source
As of Oct 5, 2026
Currency
XOF
Market: BRVM
Estimated Fundamental Value
4,991 XOF – 8,350 XOF
estimated range
Value Score
21/100
Financial Strength
0/20
Shareholders' equity grew -4.3 % per year between 2021 and 2024.
Where does this figure come from?
- equity · 2021 · 33,344 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2022 · 28,960 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2023 · 27,662 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2024 · 29,259 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
Earnings Quality & Stability
0/20
Net income rose in 2 of 4 reported year-on-year transitions, averaging -2.8 %.
Where does this figure come from?
- net income · 2021 · 21,268 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2022 · 16,627 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2023 · 16,557 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2024 · 18,150 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2025 · 18,427 M XOF — NTLC financial statements, aggregated by Stock Analysis source
Profitability
6/15
Net margin of 7.8 % in 2025.
Where does this figure come from?
- net income · 2021 · 21,268 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2022 · 16,627 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2023 · 16,557 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2024 · 18,150 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2025 · 18,427 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2021 · 201,044 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2022 · 219,234 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2023 · 220,694 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2024 · 224,935 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2025 · 237,599 M XOF — NTLC financial statements, aggregated by Stock Analysis source
Dividend Record
15/15
A dividend was paid in 5 of the last 5 recorded years (2021–2025).
Where does this figure come from?
- dps · 2021 · 952 XOF/share — NTLC FY2021 dividend (gross), Bloom Afrik (published company data) source
- dps · 2022 · 809 XOF/share — NTLC FY2022 dividend (gross), Bloom Afrik (published company data) source
- dps · 2023 · 750 XOF/share — NTLC FY2023 dividend (gross), Bloom Afrik (published company data) source
- dps · 2024 · 820 XOF/share — NTLC FY2024 dividend (gross), Bloom Afrik (published company data) source
- dps · 2025 · 420 XOF/share — NTLC FY2025 dividend (gross), Bloom Afrik (published company data) source
Valuation
0/30
Market price sits 132.2 % above the estimated value midpoint.
Where does this figure come from?
- eps · 2025 · 835 XOF/share — NTLC FY2025 EPS (BPA 835 F), Bloom Afrik (published company data) source
- equity · 2021 · 33,344 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2022 · 28,960 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2023 · 27,662 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2024 · 29,259 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- price · Oct 5, 2026 · 15,490 XOF — NTLC market quote (delayed), Stock Analysis source
- shares · latest · 22,070,400 shares — NTLC shares outstanding (22 070 400 titres en circulation), Bloom Afrik (published company data) source
Show the calculation
Source Trail
- Result
- 21/100 Value Score
- Formula
- Sum of five sub-scores: Financial Strength 20, Earnings Quality & Stability 20, Profitability 15, Dividend Record 15, Valuation 30.
- Currency
- XOF
Assumptions
- Weights are fixed and documented; no criterion is weighted dynamically.
Figures used
Limitations
- A criterion with unavailable data contributes no points, so the score reads conservative.
Last updated 2026-10-07 · Every figure here can be checked.
Financials
Every figure links to its source. Missing figures are shown as unavailable, never estimated.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue (M XOF) | 201,044 | 219,234 | 220,694 | 224,935 | 237,599 |
| Net income (M XOF) | 21,268 | 16,627 | 16,557 | 18,150 | 18,427 |
| EPS (XOF) | Data unavailable | Data unavailable | Data unavailable | Data unavailable | 835 |
| Equity (M XOF) | 33,344 | 28,960 | 27,662 | 29,259 | Data unavailable |
| Dividend paid (XOF) | 952 | 809 | 750 | 820 | 420 |
Where does this figure come from?
- dps · 2021 · 952 XOF/share — NTLC FY2021 dividend (gross), Bloom Afrik (published company data) source
- dps · 2022 · 809 XOF/share — NTLC FY2022 dividend (gross), Bloom Afrik (published company data) source
- dps · 2023 · 750 XOF/share — NTLC FY2023 dividend (gross), Bloom Afrik (published company data) source
- dps · 2024 · 820 XOF/share — NTLC FY2024 dividend (gross), Bloom Afrik (published company data) source
- dps · 2025 · 420 XOF/share — NTLC FY2025 dividend (gross), Bloom Afrik (published company data) source
- eps · 2025 · 835 XOF/share — NTLC FY2025 EPS (BPA 835 F), Bloom Afrik (published company data) source
- equity · 2021 · 33,344 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2022 · 28,960 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2023 · 27,662 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- equity · 2024 · 29,259 M XOF — NTLC balance sheet, aggregated by Stock Analysis source
- net income · 2021 · 21,268 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2022 · 16,627 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2023 · 16,557 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2024 · 18,150 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- net income · 2025 · 18,427 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2021 · 201,044 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2022 · 219,234 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2023 · 220,694 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2024 · 224,935 M XOF — NTLC financial statements, aggregated by Stock Analysis source
- revenue · 2025 · 237,599 M XOF — NTLC financial statements, aggregated by Stock Analysis source
Full analysis
Free full analysis 2 of 3 this month. See plans
Graham Analysis
Graham Number: the classic defensive price ceiling from earnings and book value.
4,991 XOF
Show the calculation
Source Trail
- Result
- 4,991 XOF
- Formula
- √(22.5 × EPS × Book value per share)
- Currency
- XOF
Assumptions
- 22.5 = Graham’s 15 × 1.5 ceiling (P/E 15, price-to-book 1.5).
Figures used
- eps · 2025 · 835 XOF/share — NTLC FY2025 EPS (BPA 835 F), Bloom Afrik (published company data) source (reported)
- equity · 2024 · 29,259 M XOF — NTLC balance sheet, aggregated by Stock Analysis source (aggregated)
- shares · latest · 22,070,400 shares — NTLC shares outstanding (22 070 400 titres en circulation), Bloom Afrik (published company data) source (reported)
Limitations
- The Graham Number is a defensive screen, not a fair value estimate.
Last updated 2026-10-07 · Every figure here can be checked.
Book value per share: 1,326 XOF (2024 equity ÷ shares outstanding)
Estimated Fundamental Value
A range across documented methods, next to the market price.
4,991 XOF – 8,350 XOF
Show the calculation
Source Trail
- Result
- 4,991 XOF – 8,350 XOF (estimated)
- Formula
- Method 1: √(22.5 × EPS × BVPS). Method 2: EPS ÷ 10% required return. Range spans the computed methods; midpoint averages them.
- Currency
- XOF
Assumptions
- Required return of 10 % per year for the capitalized-earnings method.
Figures used
- eps · 2025 · 835 XOF/share — NTLC FY2025 EPS (BPA 835 F), Bloom Afrik (published company data) source (reported)
- equity · 2024 · 29,259 M XOF — NTLC balance sheet, aggregated by Stock Analysis source (aggregated)
- shares · latest · 22,070,400 shares — NTLC shares outstanding (22 070 400 titres en circulation), Bloom Afrik (published company data) source (reported)
Limitations
- The range is only as good as the latest reported EPS and book value; it is not a forecast of price.
Last updated 2026-10-07 · Every figure here can be checked.
Margin of Safety
Market price
15,490 XOF
Estimated Fundamental Value (midpoint)
6,671 XOF
Margin of Safety
-132.2%
Show the calculation
Source Trail
- Result
- -132.2% estimated margin of safety
- Formula
- (Estimated value midpoint − market price) ÷ estimated value midpoint
- Currency
- XOF
Figures used
- eps · 2025 · 835 XOF/share — NTLC FY2025 EPS (BPA 835 F), Bloom Afrik (published company data) source (reported)
- equity · 2021 · 33,344 M XOF — NTLC balance sheet, aggregated by Stock Analysis source (aggregated)
- equity · 2022 · 28,960 M XOF — NTLC balance sheet, aggregated by Stock Analysis source (aggregated)
- equity · 2023 · 27,662 M XOF — NTLC balance sheet, aggregated by Stock Analysis source (aggregated)
- equity · 2024 · 29,259 M XOF — NTLC balance sheet, aggregated by Stock Analysis source (aggregated)
- price · Oct 5, 2026 · 15,490 XOF — NTLC market quote (delayed), Stock Analysis source (quoted)
- shares · latest · 22,070,400 shares — NTLC shares outstanding (22 070 400 titres en circulation), Bloom Afrik (published company data) source (reported)
Limitations
- A negative margin of safety means the market price is above the estimated value midpoint.
Last updated 2026-10-07 · Every figure here can be checked.
Actions
Simulation only — no real money is involved.