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Nigerian (NSE) Materials Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies13
  • 7D-0.7%
  • 3M16.0%
  • 1Y-3.3%
  • YTD3.1%

Last week, the Materials industry hasn't moved much but Lafarge Africa is up 4.5% in that time. Unfortunately though, the industry is down 3.3% over the past 12 months. As for the next few years, earnings are expected to grow by 16% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022₦7.5t₦2.3t₦452.7b9.3x16.7x3.2x
Sat, 29 Oct 2022₦6.6t₦2.3t₦503.2b10.9x13.1x2.9x
Mon, 26 Sep 2022₦6.3t₦2.3t₦513.8b9.7x12.3x2.8x
Wed, 24 Aug 2022₦6.4t₦2.2t₦496.8b9x12.9x2.9x
Fri, 22 Jul 2022₦7.4t₦2.1t₦523.7b11.4x14.1x3.5x
Sun, 19 Jun 2022₦7.8t₦2.1t₦523.7b11.7x14.9x3.7x
Tue, 17 May 2022₦8.2t₦2.1t₦531.6b11.9x15.4x3.8x
Thu, 14 Apr 2022₦7.6t₦2.0t₦495.5b13.9x15.3x3.7x
Sat, 12 Mar 2022₦7.6t₦2.0t₦496.8b12.2x15.2x3.7x
Mon, 07 Feb 2022₦7.6t₦1.9t₦467.4b12.7x16.4x4x
Wed, 05 Jan 2022₦7.2t₦1.9t₦457.5b11.1x15.7x3.8x
Fri, 03 Dec 2021₦7.8t₦1.9t₦457.5b11.1x17.1x4.2x
Sun, 31 Oct 2021₦7.8t₦1.9t₦457.6b11.7x17x4.1x
Tue, 28 Sep 2021₦7.0t₦1.8t₦449.3b11.2x15.5x3.9x
Thu, 26 Aug 2021₦7.1t₦1.8t₦449.3b11x15.7x3.9x
Fri, 02 Jul 2021₦6.7t₦1.8t₦449.3b10.2x14.9x3.7x
Mon, 05 Apr 2021₦6.7t₦1.6t₦405.5b11.6x16.4x4.1x
Thu, 07 Jan 2021₦7.3t₦1.5t₦373.0b11.7x19.5x4.7x
Wed, 30 Sep 2020₦4.2t₦1.5t₦347.1b8.9x12.2x2.9x
Sat, 04 Jul 2020₦3.8t₦1.4t₦295.4b8.8x12.8x2.8x
Tue, 07 Apr 2020₦3.7t₦1.4t₦284.0b9.1x13.1x2.7x
Fri, 10 Jan 2020₦2.8t₦1.2t₦216.9b11.3x13x2.4x
Price to Earnings Ratio

6.6x


Total Market Cap: ₦2.8tTotal Earnings: ₦427.2bTotal Revenue: ₦1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Materials Sector Price to Earnings3Y Average 15.3x202020212022
Current Industry PE
  • Investors are relatively neutral on the Nigerien Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.3x.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
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 28% 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 Market0.79%
Materials-0.72%
Metals and Mining2.64%
Chemicals0%
Paper and Forestry Products0%
Basic Materials-0.70%
Packaging-9.81%
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 27.4x.
    • 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 16% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 16% 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
WAPCO Lafarge Africa₦22.054.5%
+₦15.3b
-10.2%PE6.4x
MULTIVERSE Multiverse Mining and Exploration₦4.404.8%
+₦85.2m
120.0%PE12.9x
THOMASWY Thomas Wyatt Nigeria₦0.4011.1%
+₦8.8m
14.3%PS1.6x
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Latest News

WAPCO

₦22.05

Lafarge Africa

7D

4.5%

1Y

-10.2%

MULTIVERSE

₦4.40

Multiverse Mining and Exploration

7D

4.8%

1Y

120.0%

BETAGLAS

₦39.60

Beta Glass

7D

-9.9%

1Y

-10.3%

BUACEMENT

₦77.00

BUA Cement

7D

-2.5%

1Y

3.4%