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Nigerian (NSE) Diversified Financial Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies5
  • 7D2.6%
  • 3M2.1%
  • 1Y-6.0%
  • YTD-6.3%

In the last week, the Diversified Financial industry is up 2.6%, with all of the companies up. In contrast, the industry has lost 6.0% in the last 12 months. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Nigerian Diversified Financial Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024₦881.3b₦530.4b₦216.4b20.3x4.1x1.7x
Tue, 19 Nov 2024₦883.7b₦530.4b₦216.4b18.8x4.1x1.7x
Thu, 17 Oct 2024₦822.8b₦488.1b₦190.9b21.5x4.3x1.7x
Sat, 14 Sep 2024₦883.8b₦488.1b₦190.9b20.7x4.6x1.8x
Mon, 12 Aug 2024₦797.6b₦430.0b₦159.4b17.5x5x1.9x
Wed, 10 Jul 2024₦817.8b₦429.8b₦159.3b18x5.1x1.9x
Fri, 07 Jun 2024₦789.6b₦429.8b₦159.3b18.3x5x1.8x
Sun, 05 May 2024₦817.6b₦429.8b₦158.6b25.5x5.2x1.9x
Tue, 02 Apr 2024₦850.2b₦378.9b₦141.8b26.2x6x2.2x
Thu, 29 Feb 2024₦832.4b₦378.9b₦141.8b25.2x5.9x2.2x
Sat, 27 Jan 2024₦985.1b₦353.5b₦135.8b32.8x7.3x2.8x
Mon, 25 Dec 2023₦946.7b₦353.4b₦135.7b20.5x7x2.7x
Wed, 22 Nov 2023₦946.8b₦353.2b₦135.4b16.5x7x2.7x
Fri, 20 Oct 2023₦1.1t₦320.9b₦118.5b18.6x9.3x3.4x
Sun, 17 Sep 2023₦995.3b₦320.9b₦118.4b16x8.4x3.1x
Tue, 15 Aug 2023₦967.3b₦288.1b₦95.8b19.4x10.1x3.4x
Thu, 13 Jul 2023₦1.0t₦286.9b₦95.5b17.6x10.5x3.5x
Sat, 10 Jun 2023₦675.8b₦286.5b₦95.4b17.3x7.1x2.4x
Mon, 08 May 2023₦564.1b₦286.5b₦95.4b17.3x5.9x2x
Wed, 05 Apr 2023₦544.3b₦258.4b₦81.4b16.4x6.7x2.1x
Fri, 03 Mar 2023₦531.2b₦230.5b₦78.4b6.8x6.8x2.3x
Sun, 29 Jan 2023₦434.1b₦214.9b₦69.5b6.2x6.2x2x
Tue, 27 Dec 2022₦433.4b₦214.9b₦69.5b6.2x6.2x2x
Thu, 24 Nov 2022₦397.1b₦214.9b₦69.5b5.7x5.7x1.8x
Sat, 22 Oct 2022₦375.8b₦200.3b₦62.4b6x6x1.9x
Mon, 19 Sep 2022₦382.2b₦200.3b₦62.4b6.1x6.1x1.9x
Wed, 17 Aug 2022₦363.4b₦188.3b₦58.1b6.3x6.3x1.9x
Fri, 15 Jul 2022₦434.7b₦188.3b₦58.1b7.5x7.5x2.3x
Sun, 12 Jun 2022₦440.5b₦188.3b₦58.1b7.6x7.6x2.3x
Tue, 10 May 2022₦443.1b₦188.3b₦58.1b7.6x7.6x2.4x
Thu, 07 Apr 2022₦442.5b₦172.7b₦54.4b8.1x8.1x2.6x
Sat, 05 Mar 2022₦453.5b₦171.8b₦54.4b8.3x8.3x2.6x
Mon, 31 Jan 2022₦463.2b₦172.4b₦54.4b8.5x8.5x2.7x
Wed, 29 Dec 2021₦466.5b₦165.5b₦54.6b8.6x8.6x2.8x
Price to Earnings Ratio

8.6x


Total Market Cap: ₦466.5bTotal Earnings: ₦54.6bTotal Revenue: ₦165.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Diversified Financial Industry Price to Earnings3Y Average 6.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Nigerian Diversified Financial 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 4.1x which is lower than its 3-year average PE of 6.7x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Diversified Financial industry have grown 58% per year over the last three years.
  • Revenues for these companies have grown 47% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Nigerian Financials industry?

NG Market2.47%
Financials3.19%
Diversified Financial2.64%
Other Diversified Financial Services3.08%
Multi-Sector Holdings0%
Specialized Finance0%
Transaction and Payment Processing Services0%
Industry PE
  • Investors are most optimistic about the Transaction and Payment Processing Services industry even though it's trading below its 3-year average PE ratio of 30.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Other Diversified Financial Services industry, which is trading below its 3-year average of 6.3x.
Forecasted Growth
  • Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 11% over the next 5 years.
  • However this is lower than its past earnings growth rate of 60% per year.
  • In contrast, the Other Diversified Financial Services industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
STANBIC Stanbic IBTC Holdings₦58.553.1%
+₦22.7b		-9.8%PE3.6x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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STANBIC

₦58.55

Stanbic IBTC Holdings

7D

3.1%

1Y

-9.8%