Nigerian (NSE) Materials Sector Analysis
UpdatedMay 03, 2024
DataAggregated Company Financials
Companies15
- 7D-0.3%
- 3M-16.7%
- 1Y97.7%
- YTD74.4%
The Materials industry has been flat over the last week, but Lafarge Africa has lost 8.8%. The past year has been better, since the industry has gained 98% in that time. As for the next few years, earnings are expected to grow by 28% per annum.
Sector Valuation and Performance
Has the Nigerian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 May 2024 | ₦16.6t | ₦3.7t | ₦457.0b | 12.3x | 36.2x | 4.5x |
| Sun, 31 Mar 2024 | ₦17.0t | ₦3.2t | ₦576.6b | 12x | 29.6x | 5.4x |
| Tue, 27 Feb 2024 | ₦17.2t | ₦2.9t | ₦599.3b | 12x | 28.8x | 6x |
| Thu, 25 Jan 2024 | ₦18.6t | ₦2.9t | ₦551.3b | 13x | 33.8x | 6.4x |
| Sat, 23 Dec 2023 | ₦9.3t | ₦2.9t | ₦551.3b | 9.4x | 16.9x | 3.2x |
| Mon, 20 Nov 2023 | ₦9.7t | ₦2.9t | ₦551.3b | 7.4x | 17.5x | 3.3x |
| Wed, 18 Oct 2023 | ₦9.5t | ₦2.6t | ₦497.5b | 8.4x | 19x | 3.6x |
| Fri, 15 Sep 2023 | ₦10.0t | ₦2.6t | ₦497.5b | 8.4x | 20.2x | 3.8x |
| Sun, 13 Aug 2023 | ₦9.9t | ₦2.6t | ₦497.5b | 7.3x | 19.8x | 3.7x |
| Tue, 11 Jul 2023 | ₦8.8t | ₦2.5t | ₦518.5b | 9.5x | 16.9x | 3.6x |
| Thu, 08 Jun 2023 | ₦8.6t | ₦2.5t | ₦528.0b | 8.1x | 16.2x | 3.5x |
| Sat, 06 May 2023 | ₦8.4t | ₦2.5t | ₦530.6b | 7.4x | 15.9x | 3.4x |
| Mon, 03 Apr 2023 | ₦8.4t | ₦2.5t | ₦522.5b | 7.4x | 16.2x | 3.4x |
| Wed, 01 Mar 2023 | ₦8.7t | ₦2.4t | ₦442.9b | 8.2x | 19.5x | 3.7x |
| Fri, 27 Jan 2023 | ₦8.4t | ₦2.3t | ₦452.6b | 9.8x | 18.6x | 3.6x |
| Sun, 25 Dec 2022 | ₦8.2t | ₦2.3t | ₦452.7b | 9.3x | 18.2x | 3.6x |
| Tue, 22 Nov 2022 | ₦7.0t | ₦2.3t | ₦452.7b | 9.1x | 15.4x | 3x |
| Thu, 20 Oct 2022 | ₦6.7t | ₦2.3t | ₦513.8b | 9.7x | 13x | 3x |
| Sat, 17 Sep 2022 | ₦6.5t | ₦2.3t | ₦513.8b | 10.8x | 12.6x | 2.9x |
| Mon, 15 Aug 2022 | ₦6.7t | ₦2.2t | ₦496.8b | 10.1x | 13.5x | 3.1x |
| Wed, 13 Jul 2022 | ₦7.7t | ₦2.1t | ₦523.7b | 10.7x | 14.6x | 3.6x |
| Fri, 10 Jun 2022 | ₦7.8t | ₦2.1t | ₦531.7b | 11.7x | 14.7x | 3.6x |
| Sun, 08 May 2022 | ₦8.0t | ₦2.1t | ₦531.6b | 12.3x | 15.1x | 3.8x |
| Tue, 05 Apr 2022 | ₦7.6t | ₦2.0t | ₦495.1b | 9.9x | 15.3x | 3.7x |
| Thu, 03 Mar 2022 | ₦7.6t | ₦1.9t | ₦478.0b | 12.2x | 15.9x | 3.9x |
| Sat, 29 Jan 2022 | ₦7.4t | ₦1.9t | ₦458.7b | 10.9x | 16.1x | 3.9x |
| Mon, 27 Dec 2021 | ₦7.4t | ₦1.9t | ₦457.5b | 11.1x | 16.2x | 4x |
| Wed, 24 Nov 2021 | ₦7.8t | ₦1.9t | ₦457.9b | 10.8x | 17.1x | 4.2x |
| Fri, 22 Oct 2021 | ₦7.8t | ₦1.8t | ₦449.4b | 12.3x | 17.3x | 4.3x |
| Sun, 19 Sep 2021 | ₦7.0t | ₦1.8t | ₦449.3b | 11x | 15.5x | 3.9x |
| Tue, 17 Aug 2021 | ₦7.1t | ₦1.8t | ₦449.3b | 10.8x | 15.7x | 3.9x |
| Tue, 01 Jun 2021 | ₦6.6t | ₦1.6t | ₦405.4b | 11.3x | 16.3x | 4.1x |
Price to Earnings Ratio
16.9x
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 37.1x which is higher than its 3-year average PE of 17.8x.
- The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 3.3% per year over the last three years.
- Revenues for these companies have grown 32% 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 Materials sector?
| NG Market | 0.68% | |
| Materials | -0.30% | |
| Paper and Forestry Products | 1.12% | |
| Chemicals | 0.54% | |
| Packaging | 0% | |
| Metals and Mining | 0% | |
| Basic Materials | -0.31% | |
Industry PE
- Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 68.6x.
- 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 28% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 28% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CAP Chemical and Allied Products | ₦30.50 | 5.7% +₦1.3b | 69.4% | PE7.3x | |
| THOMASWY Thomas Wyatt Nigeria | ₦1.80 | 1.1% +₦7.9m | 149.2% | PE12.3x |