Narrative Update • Aug 05

Over the last 7 days, the Asset Management industry has dropped 4.3%, driven by a pullback from VFD Group of 4.6%. This takes the industry's 12 month performance to a gain of 4.8%.
Has the Nigerian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 10 Sep 2026 | ₦151.1b | ₦76.2b | ₦11.2b | 12.9x | 13.5x | 2x |
| Sat, 08 Aug 2026 | ₦150.2b | ₦79.7b | ₦11.2b | 12.9x | 13.4x | 1.9x |
| Mon, 06 Jul 2026 | ₦138.7b | ₦72.9b | ₦7.6b | 17.3x | 18.3x | 1.9x |
| Wed, 03 Jun 2026 | ₦147.1b | ₦72.9b | ₦7.6b | 18.1x | 19.4x | 2x |
| Fri, 01 May 2026 | ₦85.9b | ₦71.4b | ₦7.2b | 11.9x | 11.9x | 1.2x |
| Sun, 29 Mar 2026 | ₦91.2b | ₦71.2b | ₦7.1b | 12.9x | 12.9x | 1.3x |
| Tue, 24 Feb 2026 | ₦95.8b | ₦71.2b | ₦7.1b | 13.5x | 13.5x | 1.3x |
| Thu, 22 Jan 2026 | ₦91.6b | ₦78.7b | ₦7.7b | 11.9x | 11.9x | 1.2x |
| Sat, 20 Dec 2025 | ₦80.6b | ₦78.7b | ₦7.7b | 10.5x | 10.5x | 1x |
| Mon, 17 Nov 2025 | ₦78.3b | ₦78.7b | ₦7.7b | 10.2x | 10.2x | 1x |
| Wed, 15 Oct 2025 | ₦84.6b | ₦76.3b | ₦8.0b | 10.2x | 10.5x | 1.1x |
| Fri, 12 Sep 2025 | ₦85.6b | ₦76.3b | ₦8.0b | 10.3x | 10.6x | 1.1x |
| Sun, 10 Aug 2025 | ₦103.9b | ₦83.0b | ₦7.6b | 13.4x | 13.6x | 1.3x |
| Tue, 08 Jul 2025 | ₦112.9b | ₦67.0b | ₦7.2b | 15.5x | 15.8x | 1.7x |
| Thu, 05 Jun 2025 | ₦136.8b | ₦34.1b | ₦8.6b | 15.7x | 15.9x | 4x |
| Sat, 03 May 2025 | ₦137.7b | ₦30.0b | ₦7.7b | 17.6x | 17.9x | 4.6x |
| Mon, 31 Mar 2025 | ₦61.2b | ₦30.0b | ₦7.7b | 7.8x | 7.9x | 2x |
| Wed, 26 Feb 2025 | ₦66.4b | ₦30.0b | ₦7.7b | 8.6x | 8.6x | 2.2x |
| Fri, 24 Jan 2025 | ₦56.2b | ₦15.8b | ₦616.1m | 91.3x | 91.3x | 3.6x |
| Sun, 22 Dec 2024 | ₦56.2b | ₦15.8b | ₦616.1m | 91.3x | 91.3x | 3.6x |
| Tue, 19 Nov 2024 | ₦51.3b | ₦8.7b | -₦3,294,211,000.00 | n/a | -15.6x | 5.9x |
| Thu, 17 Oct 2024 | ₦57.0b | ₦8.7b | -₦3,294,211,000.00 | n/a | -17.3x | 6.5x |
| Sat, 14 Sep 2024 | ₦57.0b | ₦8.7b | -₦3,294,211,000.00 | n/a | -17.3x | 6.5x |
| Mon, 12 Aug 2024 | ₦42.8b | ₦8.7b | -₦3,294,211,000.00 | n/a | -13x | 4.9x |
| Wed, 10 Jul 2024 | ₦42.4b | ₦6.1b | -₦2,462,793,000.00 | n/a | -17.2x | 7x |
| Fri, 07 Jun 2024 | ₦38.6b | ₦0 | ₦0 | n/a | n/a | n/a |
| Sun, 05 May 2024 | ₦38.6b | ₦0 | ₦0 | n/a | n/a | n/a |
| Tue, 02 Apr 2024 | ₦38.6b | ₦0 | ₦0 | n/a | n/a | n/a |
| Thu, 29 Feb 2024 | ₦39.4b | ₦0 | ₦0 | n/a | n/a | n/a |
| Sat, 27 Jan 2024 | ₦39.8b | ₦0 | ₦0 | n/a | n/a | n/a |
| Mon, 25 Dec 2023 | ₦39.6b | ₦0 | ₦0 | n/a | n/a | n/a |
| Wed, 22 Nov 2023 | ₦39.3b | ₦0 | ₦0 | n/a | n/a | n/a |
| Fri, 20 Oct 2023 | ₦51.6b | ₦0 | ₦0 | n/a | n/a | n/a |
| Sun, 17 Sep 2023 | ₦405.0m | ₦0 | ₦0 | n/a | n/a | n/a |
n/a
How does Nigerian Asset Management compare with similar industries?
| NG Market | -2.43% | |
| Financials | -5.27% | |
| Capital Markets | -3.78% | |
| Asset Management | -0.44% | |
| Financial Exchanges and Data | -3.27% | |
| Investment Banking and Brokerage | -5.52% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VFDGROUP VFD Group | ₦11.50 | 0.9% +₦1.3b | 5.5% | PE12.9x |