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Nigerian (NSE) Industrials Sector Analysis

UpdatedAug 26, 2025
DataAggregated Company Financials
Companies16
  • 7D-0.5%
  • 3M23.4%
  • 1Y82.8%
  • YTD50.5%

Over the last 7 days, the Industrials industry has dropped 4.0%, driven by Julius Berger Nigeria declining 1.0%. Meanwhile, Academy Press actually outperformed within the industry, gaining 8.4% in the last week. Over the past 12 months, the industry was up 77%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Aug 2025₦678.4b₦913.9b₦46.2b12x14.7x0.7x
Thu, 24 Jul 2025₦656.7b₦854.2b₦38.8b14.8x16.9x0.8x
Sat, 21 Jun 2025₦535.1b₦833.8b₦40.3b11x13.3x0.6x
Mon, 19 May 2025₦523.5b₦833.7b₦39.7b9.4x13.2x0.6x
Wed, 16 Apr 2025₦469.7b₦760.3b₦41.0b9.9x11.5x0.6x
Fri, 14 Mar 2025₦465.6b₦751.4b₦41.0b9.9x11.4x0.6x
Sun, 09 Feb 2025₦468.0b₦750.8b₦40.9b9x11.4x0.6x
Tue, 07 Jan 2025₦464.6b₦689.4b₦37.1b9.9x12.5x0.7x
Thu, 05 Dec 2024₦455.5b₦688.0b₦37.3b7.7x12.2x0.7x
Sat, 02 Nov 2024₦449.0b₦678.0b₦34.0b7.1x13.2x0.7x
Mon, 30 Sep 2024₦393.6b₦608.4b₦32.4b8x12.1x0.6x
Wed, 28 Aug 2024₦402.9b₦606.4b₦32.1b9x12.5x0.7x
Fri, 26 Jul 2024₦312.1b₦580.9b₦32.6b10.6x9.6x0.5x
Sun, 23 Jun 2024₦298.0b₦580.7b₦32.1b10.7x9.3x0.5x
Tue, 21 May 2024₦273.7b₦598.6b₦30.7b11.4x8.9x0.5x
Thu, 18 Apr 2024₦245.5b₦586.6b₦20.4b12.7x12.1x0.4x
Sat, 16 Mar 2024₦262.1b₦588.6b₦21.2b10.2x12.4x0.4x
Mon, 12 Feb 2024₦237.1b₦588.6b₦21.2b10.9x11.2x0.4x
Wed, 10 Jan 2024₦226.2b₦582.8b₦20.1b12.5x11.2x0.4x
Fri, 08 Dec 2023₦190.6b₦582.0b₦20.1b10.5x9.5x0.3x
Sun, 05 Nov 2023₦191.5b₦586.9b₦20.4b9.5x9.4x0.3x
Tue, 03 Oct 2023₦180.6b₦569.9b₦19.2b10x9.4x0.3x
Thu, 31 Aug 2023₦177.7b₦569.8b₦19.1b9.9x9.3x0.3x
Sat, 29 Jul 2023₦165.0b₦558.6b₦17.2b10.9x9.6x0.3x
Mon, 26 Jun 2023₦140.2b₦546.8b₦11.7b12x12x0.3x
Wed, 24 May 2023₦129.8b₦547.0b₦11.8b9.1x11x0.2x
Fri, 21 Apr 2023₦118.3b₦544.4b₦12.8b8.6x9.2x0.2x
Sun, 19 Mar 2023₦109.9b₦533.9b₦14.2b7.5x7.7x0.2x
Tue, 14 Feb 2023₦105.1b₦543.3b₦13.1b6.6x8x0.2x
Thu, 12 Jan 2023₦102.4b₦503.1b₦12.1b9.4x8.5x0.2x
Sat, 10 Dec 2022₦93.7b₦502.8b₦12.1b8.3x7.8x0.2x
Mon, 07 Nov 2022₦98.0b₦502.4b₦13.3b8.4x7.4x0.2x
Wed, 05 Oct 2022₦101.5b₦515.6b₦13.5b8.6x7.5x0.2x
Fri, 02 Sep 2022₦102.7b₦517.9b₦13.3b8.7x7.7x0.2x
Price to Earnings Ratio

7.7x


Total Market Cap: ₦102.7bTotal Earnings: ₦13.3bTotal Revenue: ₦517.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Industrials Sector Price to Earnings3Y Average 10.6x202320242025
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 14.2x which is higher than its 3-year average PE of 10.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.43x.
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 Market-2.77%
Industrials-0.51%
Logistics3.96%
Electrical1.03%
Industrials0%0
Machinery0%0
Airlines0%0
Transportation0%0
Infrastructure-0.12%
Construction-0.99%
Commercial Services-1.97%
Trade Distributors-6.76%
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 71.6x.
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
ACADEMY Academy Press₦9.008.4%
+₦529.2m
227.3%PE11.4x
REDSTAREX Red Star Express₦12.004.3%
+₦477.2m
205.3%PE17.6x
CUTIX Cutix₦3.901.3%
+₦352.3m
21.9%PE26.6x
AUSTINLAZ Austin Laz₦2.7112.9%
+₦334.8m
35.5%n/a