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Nigerian (NSE) Healthcare Sector Analysis

UpdatedMar 01, 2024
DataAggregated Company Financials
Companies5
  • 7D-4.1%
  • 3M-15.0%
  • 1Y40.1%
  • YTD-9.3%

Over the last 7 days, the Healthcare industry has dropped 3.6%, driven by Fidson Healthcare declining 9.8%. This takes the industry's 12 month performance to a gain of 42%.

Sector Valuation and Performance

Has the Nigerian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024₦94.0b₦75.0b₦1.7b10.3x55.8x1.3x
Sun, 28 Jan 2024₦129.4b₦85.6b₦4.7b16.8x27.4x1.5x
Tue, 26 Dec 2023₦126.4b₦85.6b₦4.7b11.3x26.7x1.5x
Thu, 23 Nov 2023₦104.2b₦85.6b₦4.7b11.2x22x1.2x
Sat, 21 Oct 2023₦67.9b₦82.7b₦5.7b7.8x11.8x0.8x
Mon, 18 Sep 2023₦68.6b₦82.7b₦5.7b8.2x11.9x0.8x
Wed, 16 Aug 2023₦65.1b₦83.1b₦6.1b7.8x10.7x0.8x
Fri, 14 Jul 2023₦67.9b₦81.7b₦6.1b8.1x11.1x0.8x
Sun, 11 Jun 2023₦50.6b₦81.7b₦6.1b5.3x8.3x0.6x
Tue, 09 May 2023₦45.5b₦81.7b₦6.1b4.9x7.5x0.6x
Thu, 06 Apr 2023₦47.1b₦83.3b₦6.3b5.3x7.4x0.6x
Sat, 04 Mar 2023₦48.3b₦84.2b₦5.9b5.5x8.2x0.6x
Mon, 30 Jan 2023₦44.9b₦83.7b₦6.6b4.8x6.8x0.5x
Wed, 28 Dec 2022₦42.1b₦84.7b₦6.9b4.4x6.1x0.5x
Fri, 25 Nov 2022₦40.4b₦84.7b₦6.9b4.2x5.9x0.5x
Sun, 23 Oct 2022₦40.8b₦82.6b₦6.8b7.1x6x0.5x
Tue, 20 Sep 2022₦43.4b₦82.6b₦6.8b7.1x6.4x0.5x
Thu, 18 Aug 2022₦43.8b₦82.6b₦6.8b7.2x6.5x0.5x
Sat, 16 Jul 2022₦42.8b₦77.3b₦6.0b6.8x7.2x0.6x
Mon, 13 Jun 2022₦47.2b₦77.2b₦5.3b7.4x8.9x0.6x
Wed, 11 May 2022₦43.7b₦77.2b₦5.3b8x8.2x0.6x
Fri, 08 Apr 2022₦37.9b₦68.8b₦4.3b10.2x8.7x0.6x
Sun, 06 Mar 2022₦42.3b₦70.2b₦4.3b14.8x9.9x0.6x
Tue, 01 Feb 2022₦40.0b₦64.0b₦4.5b8.3x8.9x0.6x
Thu, 30 Dec 2021₦36.1b₦63.8b₦4.3b7.7x8.4x0.6x
Sat, 27 Nov 2021₦36.5b₦63.8b₦4.3b8.2x8.5x0.6x
Mon, 25 Oct 2021₦36.9b₦58.2b₦3.3b10x11.3x0.6x
Wed, 22 Sep 2021₦35.7b₦58.2b₦3.3b8.6x11x0.6x
Fri, 20 Aug 2021₦37.1b₦64.5b₦2.4b8.3x15.3x0.6x
Fri, 04 Jun 2021₦33.3b₦64.1b₦2.6b7.7x12.6x0.5x
Mon, 08 Mar 2021₦33.8b₦60.3b₦1.8b8.5x18.8x0.6x
Price to Earnings Ratio

18.8x


Total Market Cap: ₦33.8bTotal Earnings: ₦1.8bTotal Revenue: ₦60.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Healthcare Sector Price to Earnings3Y Average 11.9x202220232024
Current Industry PE
  • Investors are optimistic on the Nigerian Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 56.3x which is higher than its 3-year average PE of 11.8x.
  • The 3-year average PS ratio of 0.67x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 2.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Nigerian Healthcare sector?

NG Market-1.25%
Healthcare-4.06%
Medical Equipment0%
Healthcare Services0%
Healthtech0%
Biotech0%
Life Sciences0%
Pharma-4.18%
Industry PE
  • Investors are most optimistic about the Pharma industry which is trading above its 3-year average PE ratio of 10.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Pharma industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.5x.
Forecasted GrowthThere 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?

CompanyLast Price7D1YValuation
No data available
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Latest News

MAYBAKER

₦5.64

May & Baker Nigeria

7D

-5.2%

1Y

25.3%

FIDSON

₦15.30

Fidson Healthcare

7D

-8.9%

1Y

56.3%