Nigerian (NSE) Healthcare Sector Analysis
UpdatedMar 25, 2023
DataAggregated Company Financials
Companies7
- 7D0.5%
- 3M6.1%
- 1Y14.6%
- YTD1.9%
The Healthcare industry has stayed flat over the last week. As for the the longer term, the industry is up 15% over the past 12 months.
Sector Valuation and Performance
Has the Nigerian Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 26 Mar 2023 | ₦47.9b | ₦84.2b | ₦5.9b | 5.5x | 8.1x | 0.6x |
| Tue, 21 Feb 2023 | ₦48.4b | ₦84.2b | ₦5.9b | 5.3x | 8.2x | 0.6x |
| Thu, 19 Jan 2023 | ₦44.0b | ₦84.7b | ₦6.9b | 4.8x | 6.4x | 0.5x |
| Sat, 17 Dec 2022 | ₦41.5b | ₦84.7b | ₦6.9b | 4.3x | 6x | 0.5x |
| Mon, 14 Nov 2022 | ₦40.6b | ₦84.7b | ₦6.9b | 4.3x | 5.9x | 0.5x |
| Wed, 12 Oct 2022 | ₦40.3b | ₦82.6b | ₦6.8b | 6.9x | 6x | 0.5x |
| Fri, 09 Sep 2022 | ₦43.4b | ₦82.6b | ₦6.8b | 7.1x | 6.4x | 0.5x |
| Sun, 07 Aug 2022 | ₦43.0b | ₦82.6b | ₦6.8b | 6.9x | 6.3x | 0.5x |
| Tue, 05 Jul 2022 | ₦44.7b | ₦77.3b | ₦6.0b | 7x | 7.5x | 0.6x |
| Thu, 02 Jun 2022 | ₦45.2b | ₦77.2b | ₦5.3b | 7.3x | 8.5x | 0.6x |
| Sat, 30 Apr 2022 | ₦38.4b | ₦73.4b | ₦4.9b | 7x | 7.9x | 0.5x |
| Mon, 28 Mar 2022 | ₦39.2b | ₦70.2b | ₦4.3b | 13.2x | 9.1x | 0.6x |
| Wed, 23 Feb 2022 | ₦40.8b | ₦70.2b | ₦4.3b | 14x | 9.5x | 0.6x |
| Fri, 21 Jan 2022 | ₦38.8b | ₦64.0b | ₦4.5b | 7.8x | 8.6x | 0.6x |
| Sun, 19 Dec 2021 | ₦35.4b | ₦63.8b | ₦4.3b | 7.7x | 8.3x | 0.6x |
| Tue, 16 Nov 2021 | ₦36.5b | ₦63.8b | ₦4.3b | 7.8x | 8.5x | 0.6x |
| Thu, 14 Oct 2021 | ₦36.2b | ₦58.2b | ₦3.3b | 8.6x | 11.1x | 0.6x |
| Sat, 11 Sep 2021 | ₦36.6b | ₦64.5b | ₦2.4b | 8.4x | 15.1x | 0.6x |
| Mon, 09 Aug 2021 | ₦36.3b | ₦64.5b | ₦2.4b | 8.3x | 15x | 0.6x |
| Sun, 02 May 2021 | ₦33.8b | ₦64.1b | ₦2.6b | 7.8x | 12.8x | 0.5x |
| Wed, 03 Feb 2021 | ₦38.4b | ₦60.3b | ₦1.8b | 10.3x | 21.4x | 0.6x |
| Sat, 07 Nov 2020 | ₦29.9b | ₦58.8b | ₦1.4b | 7.9x | 21.9x | 0.5x |
| Fri, 31 Jul 2020 | ₦25.3b | ₦55.9b | ₦1.6b | 6.7x | 15.6x | 0.5x |
| Mon, 04 May 2020 | ₦22.3b | ₦54.5b | ₦1.1b | 7.1x | 19.8x | 0.4x |
Price to Earnings Ratio
17.7x
Current Industry PE
- Investors are pessimistic on the Nigerien 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 8.1x which is lower than its 3-year average PE of 12.8x.
- The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 73% per year over the last three years.
- Revenues for these companies have grown 16% 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 Market | -0.066% | |
| Healthcare | 0.54% | |
| Pharma | 0.57% | |
| Medical Equipment | 0% | |
| Healthcare Services | 0% | |
| Healthtech | 0% | |
| Biotech | 0% | |
| Life Sciences | 0% | |
Industry PE
- Investors are most optimistic about the Pharma industry even though it's trading below its 3-year average PE ratio of 9.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAYBAKER May & Baker Nigeria | ₦4.60 | 2.2% +₦172.5m | 4.5% | PE4.6x | |
| NEIMETH Neimeth International Pharmaceuticals | ₦1.48 | 1.4% +₦85.5m | -5.7% | PS2.2x |