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Nigerian (NSE) Industrials Sector Analysis

UpdatedSep 18, 2025
DataAggregated Company Financials
Companies16
  • 7D1.4%
  • 3M26.3%
  • 1Y78.1%
  • YTD51.0%

Over the last 7 days, the Industrials industry has remained flat. The past year has been better, since the industry has gained 77% in that time.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025₦680.5b₦913.9b₦45.9b12.1x14.8x0.7x
Sat, 16 Aug 2025₦682.1b₦914.0b₦46.1b11.7x14.8x0.7x
Mon, 14 Jul 2025₦603.6b₦854.2b₦38.8b14x15.5x0.7x
Wed, 11 Jun 2025₦502.0b₦833.8b₦40.3b10.1x12.5x0.6x
Fri, 09 May 2025₦531.0b₦832.8b₦39.4b8.3x13.5x0.6x
Sun, 06 Apr 2025₦479.9b₦751.9b₦40.4b10.2x11.9x0.6x
Tue, 04 Mar 2025₦465.6b₦751.4b₦41.0b9.9x11.4x0.6x
Thu, 30 Jan 2025₦448.2b₦689.8b₦37.3b9.1x12x0.6x
Sat, 28 Dec 2024₦454.4b₦689.4b₦37.1b9.7x12.2x0.7x
Mon, 25 Nov 2024₦460.9b₦686.7b₦37.0b7.7x12.5x0.7x
Wed, 23 Oct 2024₦430.7b₦608.7b₦32.5b7.2x13.2x0.7x
Fri, 20 Sep 2024₦392.8b₦608.1b₦32.4b8.5x12.1x0.6x
Sun, 18 Aug 2024₦374.1b₦606.7b₦32.1b8.2x11.6x0.6x
Tue, 16 Jul 2024₦295.4b₦580.9b₦32.6b11x9.1x0.5x
Thu, 13 Jun 2024₦290.7b₦580.7b₦32.1b10.7x9.1x0.5x
Sat, 11 May 2024₦269.3b₦598.6b₦30.7b11.4x8.8x0.4x
Mon, 08 Apr 2024₦246.8b₦586.6b₦21.0b10.5x11.8x0.4x
Wed, 06 Mar 2024₦238.4b₦588.6b₦21.2b10.7x11.2x0.4x
Fri, 02 Feb 2024₦243.2b₦588.3b₦21.0b11.4x11.6x0.4x
Sun, 31 Dec 2023₦206.0b₦582.4b₦20.2b10.5x10.2x0.4x
Tue, 28 Nov 2023₦188.3b₦582.0b₦20.1b10.7x9.4x0.3x
Thu, 26 Oct 2023₦188.4b₦567.5b₦19.2b10.5x9.8x0.3x
Sat, 23 Sep 2023₦181.2b₦569.9b₦19.2b10.4x9.4x0.3x
Mon, 21 Aug 2023₦171.1b₦569.8b₦19.1b10.2x8.9x0.3x
Wed, 19 Jul 2023₦148.7b₦546.7b₦11.6b11.1x12.8x0.3x
Fri, 16 Jun 2023₦132.1b₦546.8b₦11.7b11.7x11.3x0.2x
Sun, 14 May 2023₦125.0b₦547.0b₦11.8b8.9x10.6x0.2x
Tue, 11 Apr 2023₦114.2b₦541.7b₦12.6b8.2x9.1x0.2x
Thu, 09 Mar 2023₦111.3b₦541.5b₦14.2b7.7x7.8x0.2x
Sat, 04 Feb 2023₦106.6b₦543.4b₦12.5b9.4x8.5x0.2x
Mon, 02 Jan 2023₦100.2b₦502.8b₦12.1b8.3x8.3x0.2x
Wed, 30 Nov 2022₦93.9b₦501.9b₦12.0b8.3x7.8x0.2x
Fri, 28 Oct 2022₦100.9b₦516.9b₦13.6b8.4x7.4x0.2x
Sun, 25 Sep 2022₦102.3b₦517.8b₦13.3b8.8x7.7x0.2x
Price to Earnings Ratio

7.7x


Total Market Cap: ₦102.3bTotal Earnings: ₦13.3bTotal Revenue: ₦517.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Industrials Sector Price to Earnings3Y Average 10.8x202320242025
Current Industry PE
  • Investors are optimistic on the Nigerian Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.8x which is higher than its 3-year average PE of 10.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 51% 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 Industrials sector?

NG Market1.59%
Industrials1.42%
Industrials14.38%
Trade Distributors10.00%
Commercial Services7.48%
Electrical3.69%
Infrastructure0.93%
Construction0%0
Machinery0%0
Logistics0%0
Airlines0%0
Transportation0%0
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Commercial Services industry, which is trading below its 3-year average of 71.7x.
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
NAHCO Nigerian Aviation Handling₦105.001.5%
+₦3.0b		203.5%PE11.1x
CHELLARAM Chellarams₦14.6020.7%
+₦1.8b		294.6%PS0.4x
CILEASING C & I Leasing₦6.6010.0%
+₦1.8b		60.6%PE15.6x
TIP Initiates₦12.979.0%
+₦952.3m		593.6%PE5.3x
EUNISELL Eunisell Interlinked₦27.809.4%
+₦568.1m		858.6%PE25.1x

Latest News

EUNISELL
₦27.80
Eunisell Interlinked
7D
9.4%
1Y
858.6%
CHELLARAM
₦14.60
Chellarams
7D
20.7%
1Y
294.6%
CUTIX
₦3.58
Cutix
7D
2.3%
1Y
32.6%
JOHNHOLT
₦7.95
John Holt
7D
16.9%
1Y
158.1%
TIP
₦12.97
Initiates
7D
9.0%
1Y
593.6%
CILEASING
₦6.60
C & I Leasing
7D
10.0%
1Y
60.6%
NAHCO
₦105.00
Nigerian Aviation Handling
7D
1.5%
1Y
203.5%

Nigerian Aviation Handling Company Plc (NAHCO) - H1/Q2 Result

NAHCO Plc: Strong H1 2025 Earnings Signal Sustained Growth and Strategic Diversification Nigerian Aviation Handling Company (NAHCO) Plc delivered a commanding first-half 2025 performance , with revenue doubling (+102%) and net profit surging by 166.7% YoY to ₦8.88 billion. The company’s remarkable earnings trajectory reflects its successful execution of cost optimisation , digital transformation , and diversification initiatives.
ACADEMY
₦9.30
Academy Press
7D
5.1%
1Y
221.8%