Nigerian (NSE) Industrials Sector Analysis
- 7D-1.0%
- 3M2.4%
- 1Y28.7%
- YTD26.7%
Over the last 7 days, the Industrials industry has dropped 1.7%, driven by a pullback from Cutix of 14%. This takes the industry's 12 month performance to a gain of 28%.
Sector Valuation and Performance
Has the Nigerian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | ₦91.2b | ₦424.0b | ₦11.2b | 4.9x |
| Thu, 28 Oct 2021 | ₦91.7b | ₦372.9b | ₦8.7b | 7.1x |
| Sat, 25 Sep 2021 | ₦91.9b | ₦373.4b | ₦8.7b | 6.3x |
| Mon, 23 Aug 2021 | ₦73.0b | ₦375.5b | ₦8.5b | 6.3x |
| Sat, 10 Jul 2021 | ₦59.7b | ₦375.1b | ₦8.5b | 6.3x |
| Fri, 02 Apr 2021 | ₦57.9b | ₦342.8b | ₦3.7b | 11.5x |
| Mon, 04 Jan 2021 | ₦55.7b | ₦324.7b | ₦1.2b | 13x |
| Thu, 08 Oct 2020 | ₦49.8b | ₦327.4b | ₦3.4b | 12x |
| Wed, 01 Jul 2020 | ₦57.4b | ₦325.2b | ₦5.5b | 13.3x |
| Sat, 04 Apr 2020 | ₦53.4b | ₦350.6b | ₦13.7b | 6.9x |
| Tue, 07 Jan 2020 | ₦52.0b | ₦353.4b | ₦11.9b | 5.9x |
| Mon, 30 Sep 2019 | ₦51.4b | ₦367.4b | ₦9.8b | 6.1x |
| Thu, 04 Jul 2019 | ₦57.6b | ₦349.0b | ₦7.3b | 9.6x |
| Sun, 07 Apr 2019 | ₦61.2b | ₦309.2b | ₦7.1b | 7.5x |
| Wed, 09 Jan 2019 | ₦51.5b | ₦283.3b | ₦5.1b | 5.9x |
5.4x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 8.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Industrials industry have grown 42% per year over the last three years, and 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?
| Transportation | 17.24% | |
| Infrastructure | 0.97% | |
| Industrials | 0% | |
| Airlines | 0% | |
| Commercial Services | 0% | |
| Construction | 0% | |
| Logistics | -1.29% | |
| Trade Distributors | -1.68% | |
| Electrical | -8.79% | |
Industry PE: Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 14.9x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Construction industry, which is trading below its 3-year average of 6.6x.
Forecasted Growth: There 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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| NAHCO Nigerian Aviation Handling | 2.0%+₦113.7m | 53.2% | PE4.8x | |
| ABCTRANS ABC Transport | 17.2%+₦82.9m | -5.6% | PS0.08x |