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Nigerian Exchange Group
NGSE:NGXGROUP Community
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Nigerian Exchange Group
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Nigerian Exchange Group
WA
WaneInvestmentHouse
Community Contributor
NGX Group Reports Record-Breaking Profit Before Tax of N13.6 Billion for FY 2024
Nigerian Exchange Group Plc (NGX Group) has announced its audited financial results for the year ended December 31, 2024, achieving a remarkable 157.3% year-on-year growth in profit before tax (PBT) to N13.6 billion. Key Point: NGX Group's impressive financial performance was driven by robust revenue expansion, strategic cost optimization, and increased market participation, demonstrating the group's resilience and financial strength.
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₦31.77
FV
7.0% overvalued
intrinsic discount
31.89%
Revenue growth p.a.
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Your Valuation for
NGXGROUP
Nigerian Exchange Group
Your Fair Value
₦
Current Price
₦34.00
262.1% overvalued
intrinsic discount
Growth estimate over
Annual revenue growth rate
5 Years
time period
%/yr
Decrease
Increase
Past
Future
0
16b
2015
2018
2021
2024
2025
2027
2030
Revenue ₦15.7b
Earnings ₦8.3b
Advanced
Set as Fair Value