Nigerian (NSE) Pharma Industry Analysis

Industry Valuation and Performance

Has the Nigerian Pharma Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 24 Mar 2023	₦45.0b	₦83.3b	₦6.3b	5.5x	7.1x	0.5x
Sun, 19 Feb 2023	₦41.8b	₦83.3b	₦6.3b	5.3x	6.6x	0.5x
Tue, 17 Jan 2023	₦40.8b	₦83.8b	₦7.3b	4.8x	5.6x	0.5x
Thu, 15 Dec 2022	₦38.3b	₦83.8b	₦7.3b	4.3x	5.2x	0.5x
Sat, 12 Nov 2022	₦37.7b	₦83.8b	₦7.3b	4.3x	5.1x	0.4x
Mon, 10 Oct 2022	₦36.8b	₦81.7b	₦7.2b	6.6x	5.1x	0.5x
Wed, 07 Sep 2022	₦40.2b	₦81.7b	₦7.2b	7.2x	5.6x	0.5x
Fri, 05 Aug 2022	₦39.4b	₦81.7b	₦7.2b	6.7x	5.5x	0.5x
Sun, 03 Jul 2022	₦41.8b	₦76.4b	₦6.4b	7x	6.5x	0.5x
Tue, 31 May 2022	₦42.8b	₦76.3b	₦5.8b	7.3x	7.4x	0.6x
Thu, 28 Apr 2022	₦34.9b	₦67.9b	₦4.9b	9x	7.1x	0.5x
Sat, 26 Mar 2022	₦35.3b	₦67.9b	₦4.7b	10.5x	7.5x	0.5x
Mon, 21 Feb 2022	₦36.1b	₦67.9b	₦4.7b	10.7x	7.7x	0.5x
Wed, 19 Jan 2022	₦34.2b	₦61.7b	₦4.9b	7x	7x	0.6x
Fri, 17 Dec 2021	₦31.4b	₦61.5b	₦4.7b	6.9x	6.7x	0.5x
Sun, 14 Nov 2021	₦32.7b	₦61.5b	₦4.7b	7.2x	6.9x	0.5x
Tue, 12 Oct 2021	₦32.1b	₦55.8b	₦3.6b	8.2x	8.9x	0.6x
Thu, 09 Sep 2021	₦32.7b	₦62.2b	₦2.8b	8x	11.8x	0.5x
Sat, 07 Aug 2021	₦32.3b	₦62.2b	₦2.8b	8.1x	11.6x	0.5x
Fri, 30 Apr 2021	₦29.9b	₦61.7b	₦3.0b	6.7x	10x	0.5x
Mon, 01 Feb 2021	₦34.3b	₦57.9b	₦2.1b	9.3x	16.1x	0.6x
Thu, 05 Nov 2020	₦26.0b	₦56.3b	₦2.3b	7.9x	11.5x	0.5x
Sun, 09 Aug 2020	₦21.4b	₦53.5b	₦1.9b	6.7x	11x	0.4x
Sat, 02 May 2020	₦18.2b	₦52.0b	₦1.4b	6.8x	12.9x	0.4x

Current Industry PE

Investors are pessimistic on the Nigerien Pharmaceuticals 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 7.1x which is lower than its 3-year average PE of 9.4x.

Past Earnings Growth

The earnings for companies in the Pharmaceuticals industry have grown 65% per year over the last three years.
Revenues for these companies have grown 17% 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 industry?

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
	NEIMETH Neimeth International Pharmaceuticals	₦1.48	1.4% +₦85.5m	-9.2%	PS2.2x

Company

Last Price

Valuation

NEIMETH Neimeth International Pharmaceuticals

₦1.48

1.4%
+₦85.5m

-9.2%

PS2.2x

Feb 03

Industry Valuation and Performance