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Nigerian (NSE) Thrifts and Mortgage Finance Industry Analysis

UpdatedJan 24, 2023
DataAggregated Company Financials
Companies6
  • 7D3.6%
  • 3M3.4%
  • 1Y27.3%
  • YTD1.4%

In the last week, the Thrifts and Mortgage Finance industry is up 3.6%, with all of the companies up. This means that the industry has gained 29% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Jan 2023₦43.7b₦6.2b₦2.2b9.7x19.5x7x
Thu, 22 Dec 2022₦42.6b₦6.1b₦2.0b11.6x21.5x7x
Sat, 19 Nov 2022₦42.3b₦6.1b₦2.0b11.1x21.4x6.9x
Mon, 17 Oct 2022₦42.3b₦5.8b₦1.9b10.4x21.7x7.3x
Wed, 14 Sep 2022₦42.3b₦5.8b₦2.0b10.4x21.3x7.3x
Fri, 12 Aug 2022₦42.3b₦5.8b₦1.9b10.4x21.8x7.3x
Sun, 10 Jul 2022₦41.1b₦5.6b₦1.9b10x21.9x7.3x
Tue, 07 Jun 2022₦41.9b₦5.5b₦1.8b10x22.7x7.7x
Thu, 05 May 2022₦35.7b₦5.3b₦1.8b10.4x20x6.7x
Sat, 02 Apr 2022₦34.9b₦5.0b₦1.7b10.8x20.3x6.9x
Mon, 28 Feb 2022₦34.9b₦4.8b₦1.7b11.3x21x7.2x
Wed, 26 Jan 2022₦23.8b₦2.4b₦1.0b10.8x22.9x9.9x
Fri, 24 Dec 2021₦22.9b₦2.4b₦1.0b10x22x9.5x
Sun, 21 Nov 2021₦22.1b₦2.4b₦1.1b8.9x20.6x9.1x
Tue, 19 Oct 2021₦21.7b₦2.4b₦1.1b8.6x20.3x8.9x
Thu, 16 Sep 2021₦18.5b₦5.9b₦286.6m10.6x64.7x3.1x
Sat, 14 Aug 2021₦16.3b₦5.9b₦1.1b10.6x14.5x2.8x
Wed, 09 Jun 2021₦16.4b₦5.5b₦868.0m16.6x18.9x3x
Tue, 02 Mar 2021₦16.4b₦5.3b₦709.0m25.7x23.2x3.1x
Fri, 04 Dec 2020₦22.8b₦5.8b₦68.0m27.4x335.8x3.9x
Mon, 07 Sep 2020₦22.8b₦5.7b₦144.4m35.5x158x4x
Sun, 31 May 2020₦23.0b₦6.0b₦493.9m35.5x46.5x3.8x
Wed, 04 Mar 2020₦22.7b₦6.1b₦565.5m35.5x40.1x3.7x
Price to Earnings Ratio

35.9x


Total Market Cap: ₦20.3bTotal Earnings: ₦565.5mTotal Revenue: ₦6.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Thrifts and Mortgage Finance Industry Price to Earnings3Y Average 62.5x202120222023
Current Industry PE
  • Investors are pessimistic on the Nigerien Thrifts and Mortgage Finance 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 22.1x which is lower than its 3-year average PE of 62.6x.
  • The 3-year average PS ratio of 5.4x is lower than the industry's current PS ratio of 7.1x.
Past Earnings Growth
  • The earnings for companies in the Thrifts and Mortgage Finance industry have grown 52% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Nigerian Thrifts and Mortgage Finance compare with similar industries?

NG Market-0.24%
Financials0.89%
Mortgage Finance3.61%
Thrifts and Mortgage Finance3.61%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ABBEYBDS Abbey Mortgage Bank₦1.689.8%
+₦1.5b
61.5%PB2.3x
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Latest News

ABBEYBDS

₦1.68

Abbey Mortgage Bank

7D

9.8%

1Y

61.5%