Nigerian (NSE) Diversified Financial Industry Analysis

UpdatedMay 30, 2026

DataAggregated Company Financials

Companies5

7D-2.6%
3M29.6%
1Y137.7%
YTD67.7%

Last week, the Diversified Financial industry hasn't moved much but eTranzact International is up 5.3% in that time. The past year has been better, since the industry has gained 144% in that time. Looking forward, earnings are forecast to grow by 8.8% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 30 May 2026	₦3.1t	₦985.5b	₦418.1b	25.4x	7.4x	3.1x
Mon, 27 Apr 2026	₦2.9t	₦982.6b	₦417.5b	25.3x	6.9x	2.9x
Wed, 25 Mar 2026	₦2.6t	₦924.9b	₦386.3b	27.4x	6.7x	2.8x
Fri, 20 Feb 2026	₦2.3t	₦924.9b	₦386.3b	32.4x	5.9x	2.5x
Sun, 18 Jan 2026	₦2.0t	₦824.3b	₦325.6b	31x	6.1x	2.4x
Tue, 16 Dec 2025	₦1.9t	₦821.5b	₦324.8b	20.8x	5.8x	2.3x
Thu, 13 Nov 2025	₦1.9t	₦821.5b	₦324.8b	22.3x	5.8x	2.3x
Sat, 11 Oct 2025	₦2.0t	₦730.6b	₦286.3b	23.3x	6.9x	2.7x
Mon, 08 Sep 2025	₦1.8t	₦660.0b	₦265.7b	20.3x	6.7x	2.7x
Wed, 06 Aug 2025	₦1.8t	₦660.0b	₦265.7b	19.2x	6.7x	2.7x
Fri, 04 Jul 2025	₦1.5t	₦659.5b	₦265.5b	19.9x	5.7x	2.3x
Sun, 01 Jun 2025	₦1.0t	₦659.5b	₦265.5b	16.9x	3.9x	1.6x
Tue, 29 Apr 2025	₦932.6b	₦659.7b	₦264.0b	17.4x	3.5x	1.4x
Thu, 27 Mar 2025	₦929.1b	₦583.9b	₦204.7b	16.6x	4.5x	1.6x
Sat, 22 Feb 2025	₦954.8b	₦583.9b	₦204.7b	17.6x	4.7x	1.6x
Mon, 20 Jan 2025	₦899.7b	₦530.4b	₦216.4b	20.6x	4.2x	1.7x
Wed, 18 Dec 2024	₦885.8b	₦530.4b	₦216.4b	20.3x	4.1x	1.7x
Fri, 15 Nov 2024	₦895.4b	₦530.4b	₦216.4b	18.8x	4.1x	1.7x
Sun, 13 Oct 2024	₦875.3b	₦488.1b	₦190.9b	21.5x	4.6x	1.8x
Tue, 10 Sep 2024	₦885.3b	₦488.1b	₦190.9b	20.7x	4.6x	1.8x
Thu, 08 Aug 2024	₦798.7b	₦430.0b	₦159.4b	17.9x	5x	1.9x
Sat, 06 Jul 2024	₦817.8b	₦429.8b	₦159.3b	18x	5.1x	1.9x
Mon, 03 Jun 2024	₦794.6b	₦429.8b	₦158.6b	24.8x	5x	1.8x
Wed, 01 May 2024	₦766.2b	₦429.8b	₦158.6b	25.6x	4.8x	1.8x
Fri, 29 Mar 2024	₦850.2b	₦378.9b	₦141.8b	26.2x	6x	2.2x
Sun, 25 Feb 2024	₦835.2b	₦378.9b	₦141.8b	25.8x	5.9x	2.2x
Tue, 23 Jan 2024	₦985.6b	₦353.5b	₦135.8b	32.8x	7.3x	2.8x
Thu, 21 Dec 2023	₦937.9b	₦353.4b	₦135.7b	17x	6.9x	2.7x
Sat, 18 Nov 2023	₦1.0t	₦353.2b	₦135.4b	16.7x	7.4x	2.9x
Mon, 16 Oct 2023	₦1.2t	₦320.9b	₦118.4b	19.2x	9.8x	3.6x
Wed, 13 Sep 2023	₦971.1b	₦320.9b	₦118.4b	15.9x	8.2x	3x
Fri, 11 Aug 2023	₦968.6b	₦288.1b	₦95.8b	19.4x	10.1x	3.4x
Sun, 09 Jul 2023	₦958.1b	₦286.9b	₦95.5b	17.6x	10x	3.3x
Tue, 06 Jun 2023	₦655.3b	₦286.5b	₦95.4b	17.3x	6.9x	2.3x

Price to Earnings Ratio

6.9x

Tue, 06 Jun 2023

Current Industry PE

Investors are optimistic on the Nigerian Diversified Financial industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 7.4x which is higher than its 3-year average PE of 6.1x.

The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.1x.

Past Earnings Growth

The earnings for companies in the Diversified Financial industry have grown 64% per year over the last three years.
Revenues for these companies have grown 51% 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 Market	-0.55%
Financials	-1.91%
Diversified Financial	-2.62%
Transaction and Payment Processing Services	5.26%
Other Diversified Financial Services	-2.95%

Industry PE

Investors are most optimistic about the Transaction and Payment Processing Services industry which is trading above its 3-year average PE ratio of 32.7x.

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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.4x.

Forecasted Growth

Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 8.8% over the next 5 years.
However this is lower than its past earnings growth rate of 59% per year.