Has the Nigerian Mortgage Finance Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||₦22.9b||₦2.4b||₦1.0b||10x|
|Sat, 30 Oct 2021||₦22.1b||₦2.4b||₦1.1b||8.9x|
|Mon, 27 Sep 2021||₦21.5b||₦2.2b||₦917.8m||9.6x|
|Wed, 25 Aug 2021||₦16.3b||₦5.9b||₦1.1b||10.6x|
|Thu, 01 Jul 2021||₦16.4b||₦5.9b||₦1.1b||10.9x|
|Sun, 04 Apr 2021||₦16.4b||₦5.5b||₦868.0m||16.6x|
|Wed, 06 Jan 2021||₦16.0b||₦5.3b||₦709.0m||22.7x|
|Sat, 10 Oct 2020||₦22.8b||₦5.8b||₦68.0m||27.4x|
|Fri, 03 Jul 2020||₦23.0b||₦5.7b||₦144.4m||35.5x|
|Mon, 06 Apr 2020||₦22.7b||₦6.0b||₦493.9m||35.5x|
|Thu, 09 Jan 2020||₦20.1b||₦6.1b||₦565.5m||35.5x|
|Wed, 02 Oct 2019||₦20.2b||₦5.7b||₦180.7m||32.3x|
|Sat, 06 Jul 2019||₦19.8b||₦5.7b||₦195.6m||30x|
|Tue, 09 Apr 2019||₦20.0b||₦5.5b||₦39.1m||35.5x|
|Mon, 31 Dec 2018||₦20.3b||₦5.4b||-₦93,260,079.00||35.5x|
Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Mortgage industry have grown 59% per year over the last three years, while revenues for these companies have declined 25% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Which industries have driven the changes within the Nigerian Mortgage Finance industry?
|Thrifts and Mortgage Finance||2.83%|
Industry PE: Investors are most optimistic about the Thrifts and Mortgage Finance industry even though it's trading below its 3-year average PE ratio of 27.7x. It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Which companies have driven the market over the last 7 days?
|LTBNG Livingtrust Mortgage Bank||9.1%+₦400.0m||60.0%||PB1.8x|