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Nigerian (NSE) Healthcare Sector Analysis

UpdatedJun 17, 2025
DataAggregated Company Financials
Companies5
  • 7D17.1%
  • 3M55.9%
  • 1Y103.7%
  • YTD52.5%

Over the last 7 days, the Healthcare industry has risen 12%, driven by gains from every company within the industry. In the last 12 months, the industry was up 94%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Jun 2025₦185.4b₦137.4b₦9.3b12.3x20x1.4x
Thu, 15 May 2025₦145.6b₦136.8b₦9.2b9.2x15.8x1.1x
Sat, 12 Apr 2025₦102.9b₦113.1b₦7.4b7.4x13.9x0.9x
Mon, 10 Mar 2025₦110.3b₦113.1b₦6.7b8.4x16.4x1x
Wed, 05 Feb 2025₦112.4b₦113.1b₦6.7b8.3x16.7x1x
Fri, 03 Jan 2025₦121.6b₦103.4b₦3.8b8.8x32.4x1.2x
Sun, 01 Dec 2024₦106.5b₦103.4b₦3.8b8x28.4x1x
Tue, 29 Oct 2024₦111.7b₦92.5b₦2.0b11.1x56x1.2x
Thu, 26 Sep 2024₦90.9b₦92.5b₦2.0b11.1x45.6x1x
Sat, 24 Aug 2024₦92.3b₦92.5b₦2.0b10x46.3x1x
Mon, 22 Jul 2024₦94.4b₦84.8b₦2.1b8.7x44.1x1.1x
Wed, 19 Jun 2024₦91.0b₦84.8b₦2.1b8.4x42.5x1.1x
Fri, 17 May 2024₦97.9b₦84.6b₦1.9b9.7x52.3x1.2x
Sun, 14 Apr 2024₦97.5b₦75.0b₦2.0b10.9x48.4x1.3x
Tue, 12 Mar 2024₦95.1b₦75.0b₦1.7b10.3x56.4x1.3x
Thu, 08 Feb 2024₦128.2b₦90.8b₦2.4b12.4x53x1.4x
Sat, 06 Jan 2024₦129.9b₦85.6b₦4.7b13.3x27.5x1.5x
Mon, 04 Dec 2023₦131.2b₦85.6b₦4.7b11.2x27.7x1.5x
Wed, 01 Nov 2023₦68.8b₦82.7b₦5.7b8.1x12x0.8x
Fri, 29 Sep 2023₦68.2b₦82.7b₦5.7b8.2x11.9x0.8x
Sun, 27 Aug 2023₦67.2b₦82.7b₦5.7b8x11.7x0.8x
Tue, 25 Jul 2023₦65.4b₦81.7b₦6.1b7.9x10.7x0.8x
Thu, 22 Jun 2023₦55.5b₦81.7b₦6.1b5.9x9.1x0.7x
Sat, 20 May 2023₦47.2b₦81.7b₦6.1b5x7.7x0.6x
Mon, 17 Apr 2023₦44.4b₦83.3b₦6.7b4.7x6.6x0.5x
Wed, 15 Mar 2023₦48.9b₦84.2b₦5.9b5.5x8.3x0.6x
Fri, 10 Feb 2023₦45.5b₦84.2b₦5.9b5.5x7.7x0.5x
Sun, 08 Jan 2023₦44.0b₦84.7b₦6.9b4.6x6.4x0.5x
Tue, 06 Dec 2022₦40.6b₦84.7b₦6.9b4.2x5.9x0.5x
Thu, 03 Nov 2022₦41.1b₦84.7b₦6.9b4.3x6x0.5x
Sat, 01 Oct 2022₦41.0b₦82.6b₦6.8b7.1x6.1x0.5x
Mon, 29 Aug 2022₦41.6b₦82.6b₦6.8b7.2x6.1x0.5x
Wed, 27 Jul 2022₦43.4b₦77.3b₦6.0b6.4x7.3x0.6x
Fri, 24 Jun 2022₦43.7b₦77.2b₦5.3b6.5x8.2x0.6x
Price to Earnings Ratio

8.2x


Total Market Cap: ₦43.7bTotal Earnings: ₦5.3bTotal Revenue: ₦77.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Healthcare Sector Price to Earnings3Y Average 22.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Nigerian Healthcare 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 19.1x which is lower than its 3-year average PE of 22.6x.
  • The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Healthcare sector?

NG Market0.41%
Healthcare17.10%
Pharma17.42%
Healthcare Services0%0
Industry PE
  • Investors are most optimistic about the Pharma industry even though it's trading below its 3-year average PE ratio of 21.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 21.7x.
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
FIDSON Fidson Healthcare₦42.1032.4%
+₦23.6b
189.3%PE12.1x
MAYBAKER May & Baker Nigeria₦15.4011.6%
+₦2.8b
175.0%PE12.6x
NEIMETH Neimeth International Pharmaceuticals₦3.504.8%
+₦683.7m
120.1%PS3x
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Latest News

FIDSON

₦42.10

Fidson Healthcare

7D

32.4%

1Y

189.3%

NEIMETH

₦3.50

Neimeth International Pharmaceuticals

7D

4.8%

1Y

120.1%

MAYBAKER

₦15.40

May & Baker Nigeria

7D

11.6%

1Y

175.0%