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Nigerian (NSE) Mortgage Finance Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies6
  • 7D2.8%
  • 3M5.1%
  • 1Y3.5%
  • YTD3.5%

Over the last 7 days, the Mortgage Finance industry has risen 2.8%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 3.5%.

Industry Valuation and Performance

Has the Nigerian Mortgage Finance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 02 Dec 2021₦22.9b₦2.4b₦1.0b10x
Sat, 30 Oct 2021₦22.1b₦2.4b₦1.1b8.9x
Mon, 27 Sep 2021₦21.5b₦2.2b₦917.8m9.6x
Wed, 25 Aug 2021₦16.3b₦5.9b₦1.1b10.6x
Thu, 01 Jul 2021₦16.4b₦5.9b₦1.1b10.9x
Sun, 04 Apr 2021₦16.4b₦5.5b₦868.0m16.6x
Wed, 06 Jan 2021₦16.0b₦5.3b₦709.0m22.7x
Sat, 10 Oct 2020₦22.8b₦5.8b₦68.0m27.4x
Fri, 03 Jul 2020₦23.0b₦5.7b₦144.4m35.5x
Mon, 06 Apr 2020₦22.7b₦6.0b₦493.9m35.5x
Thu, 09 Jan 2020₦20.1b₦6.1b₦565.5m35.5x
Wed, 02 Oct 2019₦20.2b₦5.7b₦180.7m32.3x
Sat, 06 Jul 2019₦19.8b₦5.7b₦195.6m30x
Tue, 09 Apr 2019₦20.0b₦5.5b₦39.1m35.5x
Mon, 31 Dec 2018₦20.3b₦5.4b-₦93,260,079.0035.5x
PE Ratio

23.5x

Total Market Cap: ₦20.6bTotal Earnings: ₦256.7mTotal Revenue: ₦5.7b0%0%0%3 Year10 Year
201920202021

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.

Industry Trends

Which industries have driven the changes within the Nigerian Mortgage Finance industry?

Thrifts and Mortgage Finance2.83%

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.

Top Stock Gainers and Losers

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

Company7D1YValuation
LTBNG Livingtrust Mortgage Bank9.1%+₦400.0m60.0%PB1.8x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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