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Nigerian (NSE) Materials Sector Analysis

UpdatedApr 20, 2025
DataAggregated Company Financials
Companies15
  • 7D-0.01%
  • 3M9.3%
  • 1Y-25.8%
  • YTD-1.9%

Last week, the Materials industry hasn't moved much but Union Dicon Salt is up 4.6% in that time. Unfortunately though, the industry is down 26% over the past 12 months. Earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Apr 2025₦12.3t₦5.3t₦501.0b10.5x24.6x2.3x
Tue, 18 Mar 2025₦12.8t₦5.3t₦501.7b11x25.4x2.4x
Thu, 13 Feb 2025₦12.0t₦4.7t₦395.3b12.2x30.3x2.5x
Sat, 11 Jan 2025₦12.4t₦4.7t₦581.5b16x21.3x2.6x
Mon, 09 Dec 2024₦12.5t₦4.7t₦581.5b13.7x21.6x2.7x
Wed, 06 Nov 2024₦12.0t₦4.7t₦578.7b11.3x20.8x2.6x
Fri, 04 Oct 2024₦12.4t₦4.3t₦556.1b13.5x22.3x2.9x
Sun, 01 Sep 2024₦13.5t₦4.3t₦556.1b13.3x24.2x3.2x
Tue, 30 Jul 2024₦15.4t₦4.1t₦572.0b14.3x27x3.8x
Thu, 27 Jun 2024₦16.5t₦3.7t₦562.5b13.2x29.3x4.4x
Sat, 25 May 2024₦16.5t₦3.7t₦562.5b12.2x29.3x4.5x
Mon, 22 Apr 2024₦16.6t₦3.2t₦462.3b11.8x35.8x5.2x
Wed, 20 Mar 2024₦17.0t₦3.2t₦576.6b11.7x29.4x5.3x
Fri, 16 Feb 2024₦18.8t₦2.9t₦599.3b13x31.4x6.5x
Sun, 14 Jan 2024₦10.1t₦2.9t₦551.3b11.8x18.4x3.5x
Tue, 12 Dec 2023₦9.3t₦2.9t₦551.3b9.1x16.9x3.2x
Thu, 09 Nov 2023₦9.8t₦2.9t₦551.3b7.4x17.7x3.4x
Sat, 07 Oct 2023₦9.6t₦2.6t₦497.5b8.4x19.2x3.6x
Mon, 04 Sep 2023₦10.1t₦2.6t₦497.5b8.4x20.4x3.8x
Wed, 02 Aug 2023₦9.9t₦2.5t₦497.0b7.4x19.9x4x
Fri, 30 Jun 2023₦8.6t₦2.5t₦518.5b9.4x16.6x3.5x
Sun, 28 May 2023₦8.1t₦2.5t₦528.0b8x15.3x3.3x
Tue, 25 Apr 2023₦8.4t₦2.5t₦531.9b6.9x15.8x3.4x
Thu, 23 Mar 2023₦8.8t₦2.5t₦522.5b7.6x16.8x3.6x
Sat, 18 Feb 2023₦8.5t₦2.3t₦440.1b8.3x19.3x3.6x
Mon, 16 Jan 2023₦8.5t₦2.3t₦452.6b9.8x18.7x3.7x
Wed, 14 Dec 2022₦8.1t₦2.3t₦452.7b9.3x18x3.5x
Fri, 11 Nov 2022₦7.0t₦2.3t₦452.5b10x15.4x3x
Sun, 09 Oct 2022₦6.4t₦2.3t₦513.8b9.7x12.5x2.9x
Tue, 06 Sep 2022₦6.5t₦2.3t₦513.8b10.8x12.6x2.9x
Thu, 04 Aug 2022₦7.1t₦2.2t₦496.8b9.7x14.3x3.2x
Sat, 02 Jul 2022₦7.7t₦2.1t₦523.7b11.6x14.6x3.6x
Mon, 30 May 2022₦8.1t₦2.1t₦531.6b11.6x15.3x3.8x
Wed, 27 Apr 2022₦7.8t₦2.1t₦517.2b14x15x3.8x
Price to Earnings Ratio

15x


Total Market Cap: ₦7.8tTotal Earnings: ₦517.2bTotal Revenue: ₦2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Materials Sector Price to Earnings3Y Average 20.9x202320242025
Current Industry PE
  • Investors are optimistic on the Nigerian Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.6x which is higher than its 3-year average PE of 20.9x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 37% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Nigerian Materials sector?

NG Market-0.50%
Materials-0.015%
Basic Materials0%0
Packaging0%0
Metals and Mining0%0
Paper and Forestry Products0%0
Chemicals-0.57%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry even though it's trading below its 3-year average PE ratio of 68.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
UNIONDICON Union Dicon Salt₦7.954.6%
+₦95.7m		-1.9%PE-20.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

IMG

₦34.20

Industrial and Medical Gases Nigeria

7D

-10.0%

1Y

148.7%

UNIONDICON

₦7.95

Union Dicon Salt

7D

4.6%

1Y

-1.9%