Nigerian (NSE) Air Freight and Logistics Industry Analysis

Industry Valuation and Performance

Has the Nigerian Air Freight and Logistics Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 10 Sep 2026	₦15.2b	₦24.8b	₦434.4m	21.5x	35x	0.6x
Sat, 08 Aug 2026	₦18.3b	₦24.8b	₦444.4m	28.6x	41.1x	0.7x
Mon, 06 Jul 2026	₦24.9b	₦23.7b	₦425.9m	40x	58.5x	1.1x
Wed, 03 Jun 2026	₦31.8b	₦23.7b	₦716.6m	33.4x	44.4x	1.3x
Fri, 01 May 2026	₦30.1b	₦23.6b	₦697.4m	30.7x	43.1x	1.3x
Sun, 29 Mar 2026	₦28.2b	₦23.6b	₦700.4m	30.7x	40.2x	1.2x
Tue, 24 Feb 2026	₦29.7b	₦23.6b	₦700.4m	32.8x	42.4x	1.3x
Thu, 22 Jan 2026	₦16.3b	₦23.3b	₦645.2m	19.6x	25.3x	0.7x
Sat, 20 Dec 2025	₦9.4b	₦23.3b	₦645.2m	10.7x	14.5x	0.4x
Mon, 17 Nov 2025	₦9.9b	₦23.3b	₦645.2m	11.3x	15.3x	0.4x
Wed, 15 Oct 2025	₦11.6b	₦22.6b	₦547.4m	16.2x	21.1x	0.5x
Fri, 12 Sep 2025	₦11.6b	₦22.6b	₦547.4m	16.2x	21.1x	0.5x
Sun, 10 Aug 2025	₦12.0b	₦22.6b	₦529.9m	16.9x	22.7x	0.5x
Tue, 08 Jul 2025	₦9.9b	₦21.9b	₦512.3m	13.9x	19.2x	0.4x
Thu, 05 Jun 2025	₦9.1b	₦21.9b	₦512.3m	12.6x	17.7x	0.4x
Sat, 03 May 2025	₦5.8b	₦21.9b	₦533.5m	7.6x	10.9x	0.3x
Mon, 31 Mar 2025	₦5.6b	₦20.4b	₦370.7m	9.9x	15.1x	0.3x
Wed, 26 Feb 2025	₦8.0b	₦20.4b	₦370.7m	15x	21.6x	0.4x
Fri, 24 Jan 2025	₦5.8b	₦19.0b	₦314.3m	11.9x	18.5x	0.3x
Sun, 22 Dec 2024	₦4.9b	₦19.0b	₦314.3m	10.4x	15.6x	0.3x
Tue, 19 Nov 2024	₦4.9b	₦19.0b	₦314.3m	10.6x	15.6x	0.3x
Thu, 17 Oct 2024	₦4.5b	₦17.8b	₦307.5m	10.6x	14.6x	0.3x
Sat, 14 Sep 2024	₦4.3b	₦17.8b	₦307.5m	10.1x	13.9x	0.2x
Mon, 12 Aug 2024	₦4.7b	₦17.8b	₦307.5m	11.2x	15.3x	0.3x
Wed, 10 Jul 2024	₦4.5b	₦16.6b	₦322.2m	11.5x	14x	0.3x
Fri, 07 Jun 2024	₦4.3b	₦16.6b	₦245.7m	14x	17.7x	0.3x
Sun, 05 May 2024	₦3.9b	₦16.6b	₦245.7m	12.1x	15.7x	0.2x
Tue, 02 Apr 2024	₦3.8b	₦15.4b	₦278.9m	15.7x	13.7x	0.2x
Thu, 29 Feb 2024	₦3.9b	₦15.4b	₦278.9m	16.6x	14x	0.3x
Sat, 27 Jan 2024	₦4.4b	₦14.8b	₦289.3m	19.3x	15.3x	0.3x
Mon, 25 Dec 2023	₦3.6b	₦14.8b	₦289.3m	15.8x	12.3x	0.2x
Wed, 22 Nov 2023	₦3.4b	₦14.8b	₦289.3m	15.5x	11.7x	0.2x
Fri, 20 Oct 2023	₦3.3b	₦14.6b	₦294.2m	19.4x	11.4x	0.2x
Sun, 17 Sep 2023	₦3.4b	₦14.5b	₦332.2m	19x	10.4x	0.2x

Current Industry PE

There are only 2 companies in the Nigerian Air Freight and Logistics industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Air Freight and Logistics industry have grown 9.4% per year over the last three years.
Revenues for these companies have grown 20% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Nigerian Air Freight and Logistics compare with similar industries?


NG Market	-2.43%
Industrials	-0.71%
Logistics	-12.55%
Air Freight and Logistics	-12.55%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
No data available

Company

Last Price

Valuation

No data available

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 72% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₦136m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 57% per year over the past 5 years. Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Revenue is less than US$1m (₦173m revenue, or US$128k). Market cap is less than US$10m (₦2.40b market cap, or US$1.78m).

Nigerian (NSE) Air Freight and Logistics Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New major risk - Market cap size

New major risk - Shareholder dilution