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Nigerian (NSE) Healthcare Sector Analysis
UpdatedOct 25, 2025
DataAggregated Company Financials
Companies5
- 7D2.6%
- 3M29.7%
- 1Y147.8%
- YTD128.0%
Over the last 7 days, the Healthcare industry has risen 2.6%, driven by gains from Mecure Industries of 8.1%. In the same time, Neimeth International Pharmaceuticals was down 6.7%. This means that the industry has gained 148% over the past year.
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 Oct 2025 | ₦277.2b | ₦149.5b | ₦11.8b | 11.2x | 23.5x | 1.9x |
| Tue, 23 Sep 2025 | ₦243.8b | ₦149.5b | ₦11.8b | 11.2x | 20.7x | 1.6x |
| Thu, 21 Aug 2025 | ₦236.7b | ₦148.8b | ₦11.8b | 11.3x | 20.1x | 1.6x |
| Sat, 19 Jul 2025 | ₦218.9b | ₦137.4b | ₦9.3b | 13.5x | 23.6x | 1.6x |
| Mon, 16 Jun 2025 | ₦176.6b | ₦137.4b | ₦9.3b | 11.8x | 19.1x | 1.3x |
| Wed, 14 May 2025 | ₦144.5b | ₦136.8b | ₦9.2b | 8.8x | 15.7x | 1.1x |
| Fri, 11 Apr 2025 | ₦102.2b | ₦113.1b | ₦7.4b | 7.4x | 13.8x | 0.9x |
| Sun, 09 Mar 2025 | ₦110.3b | ₦113.1b | ₦6.7b | 8.4x | 16.4x | 1x |
| Tue, 04 Feb 2025 | ₦112.0b | ₦113.1b | ₦6.7b | 8.3x | 16.6x | 1x |
| Thu, 02 Jan 2025 | ₦120.1b | ₦103.4b | ₦3.8b | 8.7x | 32x | 1.2x |
| Sat, 30 Nov 2024 | ₦106.5b | ₦103.4b | ₦3.8b | 8x | 28.4x | 1x |
| Mon, 28 Oct 2024 | ₦111.9b | ₦92.5b | ₦2.0b | 11.1x | 56.1x | 1.2x |
| Wed, 25 Sep 2024 | ₦90.8b | ₦92.5b | ₦2.0b | 11.1x | 45.5x | 1x |
| Fri, 23 Aug 2024 | ₦92.3b | ₦92.5b | ₦2.0b | 10x | 46.3x | 1x |
| Sun, 21 Jul 2024 | ₦94.4b | ₦84.8b | ₦2.1b | 8.7x | 44.1x | 1.1x |
| Tue, 18 Jun 2024 | ₦91.0b | ₦84.8b | ₦2.1b | 8.4x | 42.5x | 1.1x |
| Thu, 16 May 2024 | ₦97.9b | ₦84.6b | ₦1.9b | 9.7x | 52.3x | 1.2x |
| Sat, 13 Apr 2024 | ₦97.5b | ₦75.0b | ₦2.0b | 10.9x | 48.4x | 1.3x |
| Mon, 11 Mar 2024 | ₦95.1b | ₦75.0b | ₦1.7b | 10.3x | 56.4x | 1.3x |
| Wed, 07 Feb 2024 | ₦127.3b | ₦90.8b | ₦2.4b | 12.3x | 52.6x | 1.4x |
| Fri, 05 Jan 2024 | ₦130.4b | ₦85.6b | ₦4.7b | 13.3x | 27.6x | 1.5x |
| Sun, 03 Dec 2023 | ₦131.2b | ₦85.6b | ₦4.7b | 11.2x | 27.7x | 1.5x |
| Tue, 31 Oct 2023 | ₦67.5b | ₦82.7b | ₦5.7b | 8x | 11.7x | 0.8x |
| Thu, 28 Sep 2023 | ₦68.2b | ₦82.7b | ₦5.7b | 8.2x | 11.9x | 0.8x |
| Sat, 26 Aug 2023 | ₦67.0b | ₦82.7b | ₦5.7b | 8x | 11.7x | 0.8x |
| Mon, 24 Jul 2023 | ₦66.1b | ₦81.7b | ₦6.1b | 8.1x | 10.8x | 0.8x |
| Wed, 21 Jun 2023 | ₦55.2b | ₦81.7b | ₦6.1b | 5.9x | 9x | 0.7x |
| Fri, 19 May 2023 | ₦47.2b | ₦81.7b | ₦6.1b | 5x | 7.7x | 0.6x |
| Sun, 16 Apr 2023 | ₦44.4b | ₦83.3b | ₦6.0b | 5x | 7.4x | 0.5x |
| Tue, 14 Mar 2023 | ₦48.9b | ₦84.2b | ₦5.9b | 5.5x | 8.3x | 0.6x |
| Thu, 09 Feb 2023 | ₦45.5b | ₦84.2b | ₦5.9b | 5.5x | 7.7x | 0.5x |
| Sat, 07 Jan 2023 | ₦43.8b | ₦84.7b | ₦6.9b | 4.6x | 6.3x | 0.5x |
| Mon, 05 Dec 2022 | ₦40.6b | ₦84.7b | ₦6.9b | 4.2x | 5.9x | 0.5x |
| Wed, 02 Nov 2022 | ₦41.1b | ₦84.7b | ₦6.9b | 4.3x | 6x | 0.5x |
Price to Earnings Ratio
6x
Current Industry PE
- Investors are relatively neutral on the Nigerian Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 24.3x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.9x.
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 Market | 4.79% | |
| Healthcare | 2.60% | |
| Pharma | 2.63% | |
| Healthcare Services | 0% | 0 |
Industry PE
- Investors are most optimistic about the Pharma industry, which is trading close to its 3-year average PE ratio of 23.6x.
- 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 close to its 3-year average of 23.6x.
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 | |
|---|---|---|---|---|---|
| MECURE Mecure Industries | ₦30.70 | 8.1% +₦9.2b | 137.1% | n/a |