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Nigerian (NSE) Industrials Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies17
  • 7D4.4%
  • 3M13.6%
  • 1Y129.1%
  • YTD116.1%

In the last week, the Industrials industry is up 4.4%, with Nigerian Aviation Handling up 22%. In the same time, John Holt was down 19%. In the last 12 months, the industry was up 129%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024₦446.7b₦689.4b₦37.1b8.8x12x0.6x
Mon, 18 Nov 2024₦455.2b₦686.7b₦37.0b7.6x12.3x0.7x
Wed, 16 Oct 2024₦429.7b₦608.4b₦32.4b7.2x13.3x0.7x
Fri, 13 Sep 2024₦394.7b₦608.1b₦32.4b8.2x12.2x0.6x
Sun, 11 Aug 2024₦348.7b₦606.7b₦32.1b8.8x10.8x0.6x
Tue, 09 Jul 2024₦299.6b₦580.9b₦32.6b10.6x9.2x0.5x
Thu, 06 Jun 2024₦276.8b₦579.8b₦32.0b9.8x8.6x0.5x
Sat, 04 May 2024₦273.7b₦599.0b₦30.5b11x9x0.5x
Mon, 01 Apr 2024₦254.8b₦588.6b₦21.2b10.2x12x0.4x
Wed, 28 Feb 2024₦235.6b₦588.6b₦21.2b10.7x11.1x0.4x
Fri, 26 Jan 2024₦253.9b₦582.8b₦20.1b13.2x12.6x0.4x
Sun, 24 Dec 2023₦196.9b₦582.4b₦20.2b10.5x9.8x0.3x
Tue, 21 Nov 2023₦188.8b₦582.0b₦20.1b10.6x9.4x0.3x
Thu, 19 Oct 2023₦188.8b₦567.5b₦19.2b10.3x9.8x0.3x
Sat, 16 Sep 2023₦182.7b₦570.0b₦19.1b9.9x9.6x0.3x
Mon, 14 Aug 2023₦170.0b₦569.8b₦19.1b10.2x8.9x0.3x
Wed, 12 Jul 2023₦150.1b₦546.8b₦11.8b11.8x12.7x0.3x
Fri, 09 Jun 2023₦131.5b₦547.0b₦11.8b9.1x11.1x0.2x
Sun, 07 May 2023₦121.8b₦547.1b₦11.9b9.2x10.3x0.2x
Tue, 04 Apr 2023₦112.5b₦541.5b₦14.2b8.1x7.9x0.2x
Thu, 02 Mar 2023₦108.4b₦540.8b₦14.0b8.1x7.7x0.2x
Sat, 28 Jan 2023₦103.8b₦504.1b₦12.2b9.5x8.5x0.2x
Mon, 26 Dec 2022₦97.5b₦502.8b₦12.1b8.3x8.1x0.2x
Wed, 23 Nov 2022₦94.2b₦502.0b₦12.0b8.3x7.8x0.2x
Fri, 21 Oct 2022₦101.2b₦516.2b₦13.4b8.4x7.6x0.2x
Sun, 18 Sep 2022₦102.8b₦517.9b₦13.3b8.8x7.7x0.2x
Tue, 16 Aug 2022₦103.3b₦517.9b₦13.4b8.7x7.7x0.2x
Thu, 14 Jul 2022₦109.1b₦471.8b₦10.5b17.5x10.4x0.2x
Sat, 11 Jun 2022₦110.5b₦468.5b₦10.5b11.8x10.5x0.2x
Mon, 09 May 2022₦114.1b₦431.3b₦9.5b10.2x12x0.3x
Wed, 06 Apr 2022₦101.2b₦431.5b₦11.6b7.8x8.7x0.2x
Fri, 04 Mar 2022₦103.3b₦448.4b₦11.7b9.5x8.8x0.2x
Sun, 30 Jan 2022₦98.8b₦423.9b₦11.2b8.3x8.8x0.2x
Tue, 28 Dec 2021₦94.0b₦423.8b₦11.2b4.9x8.4x0.2x
Price to Earnings Ratio

8.4x


Total Market Cap: ₦94.0bTotal Earnings: ₦11.2bTotal Revenue: ₦423.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Industrials Sector Price to Earnings3Y Average 9.8x202220232024
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 12.0x which is higher than its 3-year average PE of 9.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.34x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Market2.47%
Industrials4.36%
Infrastructure17.07%
Transportation7.83%
Commercial Services4.60%
Electrical0.68%
Aerospace & Defense0%
Building0%
Construction0%
Machinery0%
Professional Services0%
Logistics0%
Airlines0%
Marine and Shipping0%
Trade Distributors-4.20%
Industrials-12.65%
Industry PE
  • Investors are most optimistic about the Transportation industry which is trading above its 3-year average PE ratio of 25.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Industrials industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
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₦46.1021.6%
+₦16.0b
71.7%PE9.2x
SKYAVN Skyway Aviation Handling₦27.957.5%
+₦2.6b
10.3%PE8.5x
AUSTINLAZ Austin Laz₦1.8313.0%
+₦226.8m
-9.9%PB1.6x
ABCTRANS ABC Transport₦1.247.8%
+₦215.3m
63.2%PE45.7x
ACADEMY Academy Press₦3.007.1%
+₦151.2m
66.7%PE3.9x
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Latest News

NAHCO

₦46.10

Nigerian Aviation Handling

7D

21.6%

1Y

71.7%

TRIPPLEG

₦1.87

Tripple Gee

7D

-0.5%

1Y

74.0%

AUSTINLAZ

₦1.83

Austin Laz

7D

13.0%

1Y

-9.9%

SKYAVN

₦27.95

Skyway Aviation Handling

7D

7.5%

1Y

10.3%

ABCTRANS

₦1.24

ABC Transport

7D

7.8%

1Y

63.2%

CUTIX

₦2.32

Cutix

7D

0.9%

1Y

106.2%

ACADEMY

₦3.00

Academy Press

7D

7.1%

1Y

66.7%

JOHNHOLT

₦5.88

John Holt

7D

-18.7%

1Y

151.3%

CILEASING

₦3.88

C & I Leasing

7D

-4.2%

1Y

25.6%

TIP

₦2.40

Initiates

7D

6.7%

1Y

122.2%