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Company Intelligence Terminal · ICT · IT Services

CWG · Computer Warehouse Group

Computer Warehouse Group

CWG
NGXEquity · Ordinary SharesICTIT Services
6.20NGN+3.51%
Market cap ₦16.00B · as of 17 Jun 2026, 08:46
Ask about CWG
Current price
6.20NGN
Open
6.01
Previous close
5.99
Today's range
5.97 – 6.24
52-week high
6.71
52-week low
5.62
Deals
417
Volume
3.8M
Value traded
₦23.4M
Market cap
₦16.00B
YTD performance
+3.51%

Company profile

Computer Warehouse Group is a leading ict operator in Nigeria, with operations spanning multiple states and a track record across investment cycles.

CEO
Adewale Adeyipo
HQ
Lagos
Founded
1991
Employees
320
Sector
ICT
Sub-sector
IT Services
Ticker
CWG
Website
cwg.ng
Beta
1.18
AI-generated summary

Computer Warehouse Group (CWG) operates in Nigeria's ict value chain with an estimated FY2024 revenue of ₦13bn and PAT of ₦2bn. Headline ROE is 9.8% and leverage sits at 0.50x debt-to-equity, mapping to a composite risk score of 35/100 (Moderate).

Bull case
  • Scale leadership within its ict sub-sector with durable distribution moat.
  • Resilient ROE supports re-rating if rates ease in H2.
  • Capital-light reinvestment runway versus listed peers.
Bear case
  • FX volatility could compress imported-input margins.
  • Working-capital build-up in a 27.5% MPR environment.
  • Sector regulatory cadence could front-load compliance cost.

Key risks

  • Macro: persistent inflation > 25% pressuring real demand.
  • Sector-specific regulatory action and tariff resets.
  • Single-market concentration in Nigeria.

Recent developments

  • Board recommended final dividend at last AGM cycle.
  • Operational expansion announced in Lagos corridor.
  • Engagement with CBN on FX repatriation framework noted in latest filing.

Recent news

  • positiveProshare Markets· 09 Jun
    Computer Warehouse Group signs MoU with CBN on FX repatriation framework
  • neutralNGX Wire· 07 Jun
    CWG crosses key technical level on rising volume
  • negativeProshare Research· 04 Jun
    Analysts trim CWG FY26 EPS estimate by 4% on margin pressure
  • positiveBusinessDay· 01 Jun
    Computer Warehouse Group expands Lagos operations with NGN 0.3bn capex