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NGX Limited (NGX) Share Price & Analysis

NGX Stock Chart & Stats

A$0.13A$0.00(0.00%)
At close: 4:10 PM GMT+11
AU$0.075AU$0.1AU$0.12511 Aug24 Aug8 Sep21 Sep5 Oct15 Oct2 Nov
Day’s Range
AUD 0.13 - AUD 0.15
52-Week Range
AUD 0.05 - AUD 0.17
Previous Close
AUD 0.13
Volume
N/A
Average Volume (3M)
140.14K
Market Cap
AUD 11.78M
Enterprise Value
AUD 6.51M
Total Cash (Recent Filing)
AUD 1.65M
Total Debt (Recent Filing)
AUD 0
Price to Earnings (P/E)
―
Beta
0.41
Next Earnings
Mar 05, 2027 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Market Infrastructure Platform

NGX supports multiple stages of Nigerian capital-market activity through exchange, clearing, settlement, technology and data services. This integrated infrastructure role can create operational relevance across market participants and provide a durable platform for future activity.

Low Recent Leverage

The absence of total debt in 2024–2026 reduces financing and refinancing pressure, giving NGX greater balance-sheet flexibility than a highly leveraged operator. Low leverage can help preserve resources for maintaining infrastructure and pursuing business development.

Positive Current Capital Base

Positive equity and assets across 2023–2026 indicate that NGX currently has a meaningful capital base supporting its operations. Although returns are weak, this stronger recent position provides more resilience than the negative-equity position reported in earlier years.

Bears Say

Persistent Net Losses

Recurring losses across the full 2021–2026 period show that NGX has not yet demonstrated a sustainable profit model. Continued losses reduce retained resources, weaken returns on the capital base, and can limit the company’s ability to fund growth internally.

Unstable Revenue Generation

Revenue that is absent in most years and fell from approximately $233K in 2025 to zero in 2026 indicates weak and unreliable top-line generation. This makes operating performance difficult to scale and leaves future profitability dependent on establishing consistent activity.

Persistent Cash Burn

Negative operating and free cash flow over four consecutive years means the business is consuming cash rather than funding itself. Even with low debt, sustained cash burn can pressure liquidity, reduce investment capacity, and increase dependence on future financing or asset resources.

NGX Limited News

NGX FAQ

What was NGX Limited’s price range in the past 12 months?
NGX Limited lowest share price was AU$0.05 and its highest was AU$0.17 in the past 12 months.
What is NGX Limited’s market cap?
NGX Limited’s market cap is AU$11.78M.
When is NGX Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were NGX Limited’s earnings last quarter?
NGX Limited released its earnings results on Sep 28, 2026. The company reported -AU$0.011 earnings per share for the quarter.
Is NGX Limited overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does NGX Limited pay dividends?
NGX Limited does not currently pay dividends.
What is NGX Limited’s EPS estimate?
NGX Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does NGX Limited have?
NGX Limited has 90,611,840 shares outstanding.
What happened to NGX Limited’s price movement after its last earnings report?
NGX Limited reported an EPS of -AU$0.011 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of NGX Limited?
Currently, no hedge funds are holding shares in AU:NGX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology