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Nigerian (NSE) Industrials Sector Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies17
- 7D3.8%
- 3M2.3%
- 1Y87.7%
- YTD-0.4%
Nigerian Aviation Handling is up 9.8%, leading the way for the Industrials industry, which has gained 3.8%. During this same period, the Cutix underperformed, falling 8.1%. This means that the industry has gained 88% over the past year.
Sector Valuation and Performance
Has the Nigerian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Feb 2025 | ₦459.1b | ₦695.3b | ₦39.1b | 8.6x | 11.7x | 0.7x |
| Tue, 31 Dec 2024 | ₦455.2b | ₦689.4b | ₦37.1b | 9.6x | 12.3x | 0.7x |
| Thu, 28 Nov 2024 | ₦458.9b | ₦688.0b | ₦37.3b | 7.7x | 12.3x | 0.7x |
| Sat, 26 Oct 2024 | ₦430.8b | ₦608.7b | ₦32.5b | 7.2x | 13.2x | 0.7x |
| Mon, 23 Sep 2024 | ₦393.3b | ₦608.1b | ₦32.4b | 8.5x | 12.1x | 0.6x |
| Wed, 21 Aug 2024 | ₦380.4b | ₦606.7b | ₦32.1b | 9x | 11.8x | 0.6x |
| Fri, 19 Jul 2024 | ₦311.1b | ₦580.9b | ₦32.6b | 11x | 9.5x | 0.5x |
| Sun, 16 Jun 2024 | ₦291.2b | ₦580.7b | ₦32.1b | 10.7x | 9.1x | 0.5x |
| Tue, 14 May 2024 | ₦264.6b | ₦598.6b | ₦30.7b | 11.4x | 8.6x | 0.4x |
| Thu, 11 Apr 2024 | ₦246.7b | ₦586.6b | ₦21.0b | 10.5x | 11.8x | 0.4x |
| Sat, 09 Mar 2024 | ₦237.6b | ₦588.6b | ₦21.2b | 10.9x | 11.2x | 0.4x |
| Mon, 05 Feb 2024 | ₦244.9b | ₦588.0b | ₦21.0b | 11.4x | 11.7x | 0.4x |
| Wed, 03 Jan 2024 | ₦208.7b | ₦582.4b | ₦20.2b | 10.7x | 10.3x | 0.4x |
| Fri, 01 Dec 2023 | ₦188.5b | ₦582.0b | ₦20.1b | 10.8x | 9.4x | 0.3x |
| Sun, 29 Oct 2023 | ₦188.3b | ₦582.4b | ₦21.1b | 10.6x | 8.9x | 0.3x |
| Tue, 26 Sep 2023 | ₦180.7b | ₦569.9b | ₦19.2b | 10.3x | 9.4x | 0.3x |
| Thu, 24 Aug 2023 | ₦172.3b | ₦569.8b | ₦19.1b | 9.5x | 9x | 0.3x |
| Sat, 22 Jul 2023 | ₦154.1b | ₦557.4b | ₦16.6b | 11.3x | 9.3x | 0.3x |
| Mon, 19 Jun 2023 | ₦133.8b | ₦546.8b | ₦11.7b | 10.9x | 11.4x | 0.2x |
| Wed, 17 May 2023 | ₦127.9b | ₦547.0b | ₦11.8b | 8.8x | 10.8x | 0.2x |
| Fri, 14 Apr 2023 | ₦116.2b | ₦544.4b | ₦12.9b | 7.7x | 9x | 0.2x |
| Sun, 12 Mar 2023 | ₦111.2b | ₦541.5b | ₦14.2b | 7.7x | 7.8x | 0.2x |
| Tue, 07 Feb 2023 | ₦106.1b | ₦543.3b | ₦12.6b | 7.9x | 8.4x | 0.2x |
| Thu, 05 Jan 2023 | ₦101.4b | ₦502.8b | ₦12.1b | 8.6x | 8.4x | 0.2x |
| Sat, 03 Dec 2022 | ₦94.1b | ₦502.8b | ₦12.1b | 8.3x | 7.8x | 0.2x |
| Mon, 31 Oct 2022 | ₦100.8b | ₦501.7b | ₦13.1b | 8.7x | 7.7x | 0.2x |
| Wed, 28 Sep 2022 | ₦102.2b | ₦518.1b | ₦13.3b | 8.8x | 7.7x | 0.2x |
| Fri, 26 Aug 2022 | ₦102.4b | ₦517.9b | ₦13.4b | 8.7x | 7.7x | 0.2x |
| Sun, 24 Jul 2022 | ₦107.7b | ₦472.1b | ₦10.6b | 14.4x | 10.2x | 0.2x |
| Tue, 21 Jun 2022 | ₦108.9b | ₦468.5b | ₦10.5b | 10.4x | 10.4x | 0.2x |
| Thu, 19 May 2022 | ₦115.7b | ₦466.5b | ₦10.1b | 14.6x | 11.5x | 0.2x |
| Sat, 16 Apr 2022 | ₦105.7b | ₦431.5b | ₦10.6b | 10.4x | 10x | 0.2x |
| Mon, 14 Mar 2022 | ₦103.0b | ₦447.9b | ₦11.6b | 9.5x | 8.9x | 0.2x |
| Wed, 09 Feb 2022 | ₦102.9b | ₦448.5b | ₦12.1b | 8x | 8.5x | 0.2x |
Price to Earnings Ratio
8.5x
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 11.7x which is higher than its 3-year average PE of 10.0x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 48% per year over the last three years.
- Revenues for these companies have grown 16% 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 | 0.78% | |
| Industrials | 3.84% | |
| Infrastructure | 13.23% | |
| Commercial Services | 4.24% | |
| Transportation | 2.70% | |
| Aerospace & Defense | 0% | 0 |
| Building | 0% | 0 |
| Construction | 0% | 0 |
| Machinery | 0% | 0 |
| Professional Services | 0% | 0 |
| Airlines | 0% | 0 |
| Marine and Shipping | 0% | 0 |
| Logistics | -0.82% | |
| Industrials | -4.13% | |
| Electrical | -6.16% | |
| Trade Distributors | -8.03% | |
Industry PE
- Investors are most optimistic about the Transportation industry which is trading above its 3-year average PE ratio of 26.8x.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NAHCO Nigerian Aviation Handling | ₦54.90 | 9.8% +₦9.6b | 76.8% | PE10.9x | |
| SKYAVN Skyway Aviation Handling | ₦40.00 | 20.7% +₦9.3b | 56.9% | PE8.8x | |
| CHELLARAM Chellarams | ₦6.53 | 60.4% +₦1.8b | 59.3% | PS0.3x | |
| TIP Initiates | ₦3.44 | 14.7% +₦391.6m | 40.4% | PE3.2x | |
| EUNISELL Eunisell Interlinked | ₦13.48 | 6.5% +₦194.1m | 321.3% | PE8.4x |