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Nigerian (NSE) Industrials Sector Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies17
  • 7D-0.02%
  • 3M74.9%
  • 1Y151.1%
  • YTD66.8%

In the last week, the Industrials industry is up 1.9%, with Zichis Agro Allied Industries up 21%. In the same time, Red Star Express was down 10.0%. This means that the industry has gained 151% over the past year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026₦1.2t₦1.0t₦68.5b17.8x17.5x1.2x
Fri, 20 Feb 2026₦1.1t₦1.0t₦68.7b16.3x16.1x1.1x
Sun, 18 Jan 2026₦736.0b₦943.2b₦53.4b12.5x13.8x0.8x
Tue, 16 Dec 2025₦658.3b₦943.2b₦52.7b11.6x12.5x0.7x
Thu, 13 Nov 2025₦631.6b₦944.0b₦52.9b11.2x11.9x0.7x
Sat, 11 Oct 2025₦668.0b₦913.9b₦45.8b12.3x14.6x0.7x
Mon, 08 Sep 2025₦669.0b₦913.9b₦45.9b12.3x14.6x0.7x
Wed, 06 Aug 2025₦660.3b₦913.2b₦46.0b12.1x14.3x0.7x
Fri, 04 Jul 2025₦562.4b₦831.1b₦40.8b11.5x13.8x0.7x
Sun, 01 Jun 2025₦534.2b₦833.7b₦39.7b10.1x13.5x0.6x
Tue, 29 Apr 2025₦482.5b₦761.9b₦41.1b9.3x11.7x0.6x
Thu, 27 Mar 2025₦480.3b₦751.4b₦41.0b9.6x11.7x0.6x
Sat, 22 Feb 2025₦472.2b₦750.8b₦40.9b10x11.5x0.6x
Mon, 20 Jan 2025₦444.3b₦689.2b₦37.2b10.1x11.9x0.6x
Wed, 18 Dec 2024₦427.6b₦689.4b₦37.1b7.7x11.5x0.6x
Fri, 15 Nov 2024₦455.2b₦686.7b₦37.0b7.6x12.3x0.7x
Sun, 13 Oct 2024₦431.3b₦608.4b₦32.4b7.2x13.3x0.7x
Tue, 10 Sep 2024₦415.8b₦608.1b₦32.4b9x12.8x0.7x
Thu, 08 Aug 2024₦325.2b₦606.7b₦32.1b8.3x10.1x0.5x
Sat, 06 Jul 2024₦299.6b₦580.9b₦32.6b10.6x9.2x0.5x
Mon, 03 Jun 2024₦282.2b₦578.2b₦31.6b10.7x8.9x0.5x
Wed, 01 May 2024₦266.7b₦590.6b₦21.7b11.8x12.3x0.5x
Fri, 29 Mar 2024₦254.8b₦588.6b₦21.2b10.2x12x0.4x
Sun, 25 Feb 2024₦239.4b₦588.6b₦21.2b10.7x11.3x0.4x
Tue, 23 Jan 2024₦255.3b₦582.8b₦20.1b13.5x12.7x0.4x
Thu, 21 Dec 2023₦190.5b₦582.4b₦20.2b9.9x9.4x0.3x
Sat, 18 Nov 2023₦188.3b₦582.0b₦20.1b10.6x9.4x0.3x
Mon, 16 Oct 2023₦184.3b₦569.8b₦19.2b10.5x9.6x0.3x
Wed, 13 Sep 2023₦179.3b₦570.0b₦19.1b10.1x9.4x0.3x
Fri, 11 Aug 2023₦170.2b₦569.8b₦19.1b10.2x8.9x0.3x
Sun, 09 Jul 2023₦150.5b₦546.8b₦11.8b11.1x12.7x0.3x
Tue, 06 Jun 2023₦130.1b₦547.0b₦11.8b8.9x11x0.2x
Thu, 04 May 2023₦121.0b₦547.1b₦11.9b9x10.2x0.2x
Sat, 01 Apr 2023₦111.1b₦541.5b₦14.2b7.4x7.8x0.2x
Price to Earnings Ratio

7.8x


Total Market Cap: ₦111.1bTotal Earnings: ₦14.2bTotal Revenue: ₦541.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Industrials Sector Price to Earnings3Y Average 11.9x202420252026
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 17.4x which is higher than its 3-year average PE of 11.9x.
  • The 3-year average PS ratio of 0.55x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 69% per year over the last three years.
  • Revenues for these companies have grown 24% 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 Market-1.96%
Industrials-0.024%
Commercial Services5.74%
Industrials4.79%
Electrical1.32%
Construction0%0
Machinery0%0
Trade Distributors0%0
Airlines0%0
Transportation0%0
Infrastructure-0.40%
Logistics-9.57%
Industry PE
  • Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 24.5x.
    • 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
ZICHIS Zichis Agro Allied Industries₦10.3720.9%
+₦2.1b		n/an/a
JOHNHOLT John Holt₦14.3032.4%
+₦1.4b		66.3%PE11.3x
CUTIX Cutix₦3.603.2%
+₦775.0m		48.8%PE113.4x
AUSTINLAZ Austin Laz₦4.458.5%
+₦378.0m		112.9%PB3.5x

Latest News

ZICHIS
₦10.37
Zichis Agro Allied Industries
7D
20.9%
1Y
n/a
JOHNHOLT
₦14.30
John Holt
7D
32.4%
1Y
66.3%
NAHCO
₦174.50
Nigerian Aviation Handling
7D
-0.6%
1Y
179.0%
CUTIX
₦3.60
Cutix
7D
3.2%
1Y
48.8%
TIP
₦20.10
Initiates
7D
-0.5%
1Y
412.8%
REDSTAREX
₦25.70
Red Star Express
7D
-10.0%
1Y
433.2%
AUSTINLAZ
₦4.45
Austin Laz
7D
8.5%
1Y
112.9%