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Nigerian (NSE) Industrials Sector Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies16
  • 7D17.1%
  • 3M54.1%
  • 1Y121.1%
  • YTD41.7%

The Industrials industry is up 9.6% in the last week, with Julius Berger Nigeria up 27%. During this same period, the Red Star Express underperformed, falling 18%. This takes the industry's 12 month performance to a gain of 104%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Feb 2026₦1.0t₦1.0t₦68.7b14.8x14.7x1x
Mon, 05 Jan 2026₦712.4b₦943.2b₦53.4b11.8x13.3x0.8x
Wed, 03 Dec 2025₦664.8b₦943.0b₦52.7b11.7x12.6x0.7x
Fri, 31 Oct 2025₦696.8b₦903.9b₦45.9b12.4x15.2x0.8x
Sun, 28 Sep 2025₦685.0b₦913.9b₦45.9b12.1x14.9x0.7x
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
Price to Earnings Ratio

8x


Total Market Cap: ₦105.1bTotal Earnings: ₦13.1bTotal Revenue: ₦543.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Industrials Sector Price to Earnings3Y Average 11.5x202420252026
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 13.6x which is higher than its 3-year average PE of 11.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 74% 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 Market4.06%
Industrials17.06%
Construction26.15%
Commercial Services21.74%
Infrastructure15.83%
Transportation9.96%
Electrical0.81%
Industrials0%0
Machinery0%0
Airlines0%0
Trade Distributors-1.31%
Logistics-16.65%
Industry PE
  • Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 19.1x.
    • 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
JBERGER Julius Berger Nigeria₦230.8026.8%
+₦78.1b		65.1%PE12x
SKYAVN Skyway Aviation Handling₦152.7018.7%
+₦32.6b		251.0%PE17.6x
NAHCO Nigerian Aviation Handling₦136.4013.7%
+₦32.0b		143.8%PE14.8x
TIP Initiates₦19.4530.1%
+₦4.0b		443.3%PE5.1x
AUSTINLAZ Austin Laz₦5.4038.5%
+₦1.6b		200.0%PB4.3x

Latest News

JBERGER
₦230.80
Julius Berger Nigeria
7D
26.8%
1Y
65.1%
TIP
₦19.45
Initiates
7D
30.1%
1Y
443.3%
REDSTAREX
₦17.15
Red Star Express
7D
-17.5%
1Y
211.8%
CILEASING
₦7.55
C & I Leasing
7D
-1.3%
1Y
100.8%
SKYAVN
₦152.70
Skyway Aviation Handling
7D
18.7%
1Y
251.0%
ABCTRANS
₦5.74
ABC Transport
7D
10.0%
1Y
403.5%
ACADEMY
₦8.05
Academy Press
7D
-5.3%
1Y
223.1%
NAHCO
₦136.40
Nigerian Aviation Handling
7D
13.7%
1Y
143.8%
CUTIX
₦3.72
Cutix
7D
1.9%
1Y
51.8%
AUSTINLAZ
₦5.40
Austin Laz
7D
38.5%
1Y
200.0%