Narrative Update • Jul 17
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Nigerian (NSE) Consumer Discretionary Sector Analysis
UpdatedJul 22, 2026
DataAggregated Company Financials
Companies7
- 7D0.3%
- 3M11.6%
- 1Y76.9%
- YTD45.9%
The Consumer Discretionary industry is up 7.1% in the last week, with Ikeja Hotel up 9.5%. During this same period, the Haldane McCall underperformed, falling 6.8%. This takes the industry's 12 month performance to a gain of 76%.
Sector Valuation and Performance
Has the Nigerian Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Jul 2026 | ₦2.9t | ₦249.6b | ₦52.8b | 64.2x | 55.2x | 11.7x |
| Fri, 19 Jun 2026 | ₦2.7t | ₦249.7b | ₦52.7b | 59.7x | 51.4x | 10.8x |
| Sun, 17 May 2026 | ₦2.7t | ₦248.5b | ₦52.3b | 60x | 51.7x | 10.9x |
| Tue, 14 Apr 2026 | ₦2.4t | ₦243.5b | ₦50.2b | 53.5x | 47.4x | 9.8x |
| Thu, 12 Mar 2026 | ₦2.2t | ₦243.5b | ₦44.6b | 50.2x | 50.2x | 9.2x |
| Sat, 07 Feb 2026 | ₦2.0t | ₦243.7b | ₦44.6b | 45.9x | 46x | 8.4x |
| Mon, 05 Jan 2026 | ₦2.0t | ₦236.5b | ₦43.1b | 49.5x | 46.3x | 8.4x |
| Wed, 03 Dec 2025 | ₦2.0t | ₦236.5b | ₦43.1b | 50x | 46.5x | 8.5x |
| Fri, 31 Oct 2025 | ₦2.0t | ₦232.1b | ₦42.0b | 9.5x | 47.2x | 8.5x |
| Sun, 28 Sep 2025 | ₦1.9t | ₦224.1b | ₦37.7b | 8x | 49.4x | 8.3x |
| Tue, 26 Aug 2025 | ₦1.9t | ₦224.6b | ₦37.9b | 53.8x | 49.5x | 8.3x |
| Thu, 24 Jul 2025 | ₦1.7t | ₦203.4b | ₦35.3b | 28x | 46.8x | 8.1x |
| Sat, 21 Jun 2025 | ₦1.5t | ₦203.4b | ₦35.3b | 20.9x | 42.6x | 7.4x |
| Mon, 19 May 2025 | ₦1.8t | ₦203.5b | ₦32.8b | 5.5x | 54.8x | 8.8x |
| Wed, 16 Apr 2025 | ₦1.6t | ₦188.4b | ₦20.9b | 27.2x | 75.9x | 8.4x |
| Fri, 14 Mar 2025 | ₦1.4t | ₦188.4b | ₦17.2b | 27.5x | 81.4x | 7.4x |
| Sun, 09 Feb 2025 | ₦1.3t | ₦179.0b | ₦14.6b | 27.4x | 87.3x | 7.1x |
| Tue, 07 Jan 2025 | ₦1.3t | ₦166.4b | ₦13.3b | 84.8x | 96.4x | 7.7x |
| Thu, 05 Dec 2024 | ₦1.1t | ₦166.3b | ₦12.7b | 46.4x | 90x | 6.9x |
| Sat, 02 Nov 2024 | ₦1.1t | ₦179.0b | ₦25.8b | 5.2x | 44.2x | 6.4x |
| Mon, 30 Sep 2024 | ₦973.5b | ₦148.0b | ₦7.7b | 47.1x | 126.4x | 6.6x |
| Wed, 28 Aug 2024 | ₦970.2b | ₦147.5b | ₦7.5b | 47.2x | 128.9x | 6.6x |
| Fri, 26 Jul 2024 | ₦1.1t | ₦133.4b | ₦9.7b | 6x | 108.7x | 7.9x |
| Sun, 23 Jun 2024 | ₦966.8b | ₦132.9b | ₦9.7b | 6.1x | 99.2x | 7.3x |
| Tue, 21 May 2024 | ₦1.0t | ₦132.9b | ₦9.7b | 6.2x | 104.1x | 7.6x |
| Thu, 18 Apr 2024 | ₦1.0t | ₦115.5b | ₦12.0b | 13.9x | 87x | 9.1x |
| Sat, 16 Mar 2024 | ₦1.1t | ₦116.7b | ₦12.0b | 8.6x | 87.8x | 9x |
| Mon, 12 Feb 2024 | ₦1.1t | ₦116.6b | ₦11.8b | 8.7x | 89.9x | 9.1x |
| Wed, 10 Jan 2024 | ₦943.4b | ₦116.5b | ₦6.9b | 8.6x | 135.9x | 8.1x |
| Fri, 08 Dec 2023 | ₦513.4b | ₦116.3b | ₦6.4b | 8.6x | 79.7x | 4.4x |
| Sun, 05 Nov 2023 | ₦509.9b | ₦112.4b | ₦5.9b | 8.6x | 85.8x | 4.5x |
| Tue, 03 Oct 2023 | ₦505.2b | ₦106.4b | ₦4.4b | 8.4x | 115.4x | 4.7x |
| Thu, 31 Aug 2023 | ₦479.7b | ₦106.4b | ₦4.4b | 8.8x | 108.3x | 4.5x |
| Sat, 29 Jul 2023 | ₦442.0b | ₦109.0b | -₦1,102,353,456.00 | 8.6x | -401x | 4.1x |
Price to Earnings Ratio
-401x
Current Industry PE
- Investors are pessimistic on the Nigerian Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 55.0x which is lower than its 3-year average PE of 79.6x.
- The 3-year average PS ratio of 7.8x is lower than the industry's current PS ratio of 11.6x.
Past Earnings Growth
- Total earnings for the Consumer Discretionary industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 32% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Nigerian Consumer Discretionary sector?
| NG Market | 2.49% | |
| Consumer Discretionary | 0.32% | |
| Hospitality | 0.38% | |
| Retail Distributors | 0% | 0 |
| Specialty Stores | 0% | 0 |
| Consumer Durables | -0.24% | |
Industry PE
- Investors are most optimistic about the Hospitality industry even though it's trading below its 3-year average PE ratio of 80.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Consumer Durables industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IKEJAHOTEL Ikeja Hotel | ₦46.55 | 9.5% +₦8.8b | 143.7% | PE7.1x | |
| TANTALIZER Tantalizers | ₦4.40 | 4.8% +₦1.0b | 63.0% | PE198x | |
| NSLTECH Secure Electronic Technology | ₦0.85 | 3.7% +₦168.9m | -24.1% | PS1.1x |