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Nigerian (NSE) Industrials Sector Analysis

UpdatedMay 07, 2026
DataAggregated Company Financials
Companies15
  • 7D-0.05%
  • 3M42.9%
  • 1Y153.0%
  • YTD87.3%

Last week, the Industrials industry hasn't moved much but Initiates is up 11% in that time. As for the the longer term, the industry is up 153% over the past 12 months.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 07 May 2026₦1.3t₦1.0t₦64.5b21.3x19.9x1.3x
Sat, 04 Apr 2026₦1.2t₦1.0t₦68.5b17.7x18.1x1.2x
Mon, 02 Mar 2026₦1.2t₦1.0t₦69.0b17.6x17.5x1.2x
Wed, 28 Jan 2026₦822.3b₦943.2b₦53.4b13.6x15.4x0.9x
Fri, 26 Dec 2025₦673.1b₦943.2b₦52.7b11.6x12.8x0.7x
Sun, 23 Nov 2025₦650.7b₦943.4b₦52.8b11.3x12.3x0.7x
Tue, 21 Oct 2025₦693.7b₦913.9b₦45.8b12.5x15.1x0.8x
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
Price to Earnings Ratio

10.6x


Total Market Cap: ₦125.0bTotal Earnings: ₦11.8bTotal Revenue: ₦547.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Industrials Sector Price to Earnings3Y Average 12.3x202420252026
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 19.9x which is higher than its 3-year average PE of 12.3x.
  • The 3-year average PS ratio of 0.59x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 76% per year over the last three years.
  • Revenues for these companies have grown 23% 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 Market0.96%
Industrials-0.052%
Trade Distributors29.66%
Industrials10.51%
Commercial Services8.71%
Electrical0.57%
Construction0%0
Machinery0%0
Logistics0%0
Airlines0%0
Transportation-0.19%
Infrastructure-1.66%
Industry PE
  • Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 33.3x.
    • 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?

CompanyLast Price7D1YValuation
TIP Initiates₦33.9510.9%
+₦3.0b		458.4%PE7.2x
REDSTAREX Red Star Express₦30.909.8%
+₦2.6b		511.9%PE33.7x
CILEASING C & I Leasing₦7.059.3%
+₦1.8b		71.1%PE8.4x
JOHNHOLT John Holt₦17.5026.4%
+₦1.4b		201.7%PS4.6x
CUTIX Cutix₦3.214.9%
+₦1.1b		28.4%PE101.1x

Latest News

REDSTAREX
₦30.90
Red Star Express
7D
9.8%
1Y
511.9%
SKYAVN
₦130.75
Skyway Aviation Handling
7D
-8.6%
1Y
116.1%
CILEASING
₦7.05
C & I Leasing
7D
9.3%
1Y
71.1%
JOHNHOLT
₦17.50
John Holt
7D
26.4%
1Y
201.7%
TIP
₦33.95
Initiates
7D
10.9%
1Y
458.4%
NAHCO
₦204.95
Nigerian Aviation Handling
7D
-9.2%
1Y
176.1%
ABCTRANS
₦5.19
ABC Transport
7D
-0.2%
1Y
116.3%
CUTIX
₦3.21
Cutix
7D
4.9%
1Y
28.4%
AUSTINLAZ
₦3.39
Austin Laz
7D
-9.1%
1Y
80.3%