Nigerian (NSE) Materials Sector Analysis
- 7D0.1%
- 3M12.9%
- 1Y33.5%
- YTD3.6%
Over the last 7 days, the Materials industry has remained flat. As for the the longer term, the industry is up 33% over the past 12 months.
Sector Valuation and Performance
Has the Nigerian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | ₦7.8t | ₦1.9t | ₦457.5b | 11.1x |
| Thu, 28 Oct 2021 | ₦7.8t | ₦1.8t | ₦453.2b | 12.3x |
| Sat, 25 Sep 2021 | ₦7.0t | ₦1.8t | ₦449.3b | 11.2x |
| Mon, 23 Aug 2021 | ₦7.0t | ₦1.8t | ₦449.3b | 10.9x |
| Sat, 10 Jul 2021 | ₦6.7t | ₦1.8t | ₦449.3b | 10.2x |
| Fri, 02 Apr 2021 | ₦6.7t | ₦1.6t | ₦405.5b | 11.6x |
| Mon, 04 Jan 2021 | ₦7.3t | ₦1.5t | ₦373.0b | 11.7x |
| Thu, 08 Oct 2020 | ₦4.2t | ₦1.5t | ₦347.1b | 8.9x |
| Wed, 01 Jul 2020 | ₦3.8t | ₦1.4t | ₦295.4b | 8.8x |
| Sat, 04 Apr 2020 | ₦3.7t | ₦1.4t | ₦284.0b | 9.1x |
| Tue, 07 Jan 2020 | ₦2.8t | ₦1.2t | ₦216.9b | 11.3x |
| Mon, 30 Sep 2019 | ₦3.0t | ₦1.1t | ₦427.2b | 6.7x |
| Thu, 04 Jul 2019 | ₦3.5t | ₦1.1t | ₦426.1b | 7x |
| Sun, 07 Apr 2019 | ₦3.6t | ₦1.2t | ₦401.8b | 8.6x |
| Wed, 09 Jan 2019 | ₦3.5t | ₦1.2t | ₦409.7b | 8x |
6.9x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Materials industry have grown 40% per year over the last three years, and revenues for these companies have grown 13% 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?
| Basic Materials | 0.12% | |
| Metals and Mining | 0% | |
| Packaging | 0% | |
| Paper and Forestry Products | 0% | |
| Chemicals | -0.13% | |
Industry PE: Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 11.3x. However analysts are expecting annual earnings growth of 8.8%, which is lower than the prior year's growth of 34% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Packaging industry, which is trading below its 3-year average of 5.4x.
Forecasted Growth: Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 8.8% over the next 5 years. However this is lower than its past earnings growth rate of 34% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| WAPCO Lafarge Africa | 2.2%+₦8.9b | 8.7% | PE9.4x |