Narrative Update • Jun 17
Have your own idea? Try our Stock Screener
Nigerian (NSE) Construction Materials Industry Analysis
UpdatedJun 27, 2026
DataAggregated Company Financials
Companies3
- 7D-8.5%
- 3M16.0%
- 1Y171.9%
- YTDn/a
Over the last 7 days, the Construction Materials industry has dropped 9.1%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 164%. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Nigerian Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Jun 2026 | ₦32.8t | ₦6.9t | ₦1.9t | 15.9x | 17.3x | 4.7x |
| Mon, 25 May 2026 | ₦39.5t | ₦6.9t | ₦1.9t | 17.7x | 20.9x | 5.7x |
| Wed, 22 Apr 2026 | ₦29.4t | ₦6.6t | ₦1.6t | 16.1x | 18x | 4.5x |
| Fri, 20 Mar 2026 | ₦28.3t | ₦6.6t | ₦1.6t | 13.5x | 17.3x | 4.3x |
| Sun, 15 Feb 2026 | ₦21.7t | ₦6.3t | ₦1.5t | 12.7x | 14.3x | 3.4x |
| Tue, 13 Jan 2026 | ₦19.4t | ₦6.3t | ₦1.5t | 11.1x | 12.8x | 3.1x |
| Thu, 11 Dec 2025 | ₦18.0t | ₦6.3t | ₦1.5t | 10.8x | 11.9x | 2.9x |
| Sat, 08 Nov 2025 | ₦19.3t | ₦6.3t | ₦1.5t | 11.6x | 12.7x | 3x |
| Mon, 06 Oct 2025 | ₦16.3t | ₦5.9t | ₦1.2t | 10.7x | 13x | 2.8x |
| Wed, 03 Sep 2025 | ₦15.6t | ₦5.9t | ₦1.2t | 10.6x | 12.5x | 2.6x |
| Fri, 01 Aug 2025 | ₦15.8t | ₦5.9t | ₦1.2t | 11.8x | 12.7x | 2.7x |
| Sun, 29 Jun 2025 | ₦12.0t | ₦5.6t | ₦872.8b | 12.4x | 13.8x | 2.2x |
| Tue, 27 May 2025 | ₦11.5t | ₦5.6t | ₦872.8b | 12.4x | 13.2x | 2.1x |
| Thu, 24 Apr 2025 | ₦12.0t | ₦5.2t | ₦672.2b | 16x | 17.8x | 2.3x |
| Sat, 22 Mar 2025 | ₦12.1t | ₦5.2t | ₦672.2b | 16.1x | 17.9x | 2.3x |
| Mon, 17 Feb 2025 | ₦12.4t | ₦4.6t | ₦565.8b | 17.8x | 22x | 2.7x |
| Wed, 15 Jan 2025 | ₦11.5t | ₦4.6t | ₦565.8b | 16x | 20.3x | 2.5x |
| Fri, 13 Dec 2024 | ₦12.4t | ₦4.6t | ₦565.8b | 17.8x | 21.9x | 2.7x |
| Sun, 10 Nov 2024 | ₦12.0t | ₦4.6t | ₦565.8b | 17.8x | 21.1x | 2.6x |
| Tue, 08 Oct 2024 | ₦12.3t | ₦4.1t | ₦543.6b | 17.5x | 22.7x | 3x |
| Thu, 05 Sep 2024 | ₦13.4t | ₦4.1t | ₦543.6b | 19.4x | 24.6x | 3.2x |
| Sat, 03 Aug 2024 | ₦15.3t | ₦4.1t | ₦543.6b | 21.6x | 28.2x | 3.7x |
| Mon, 01 Jul 2024 | ₦16.4t | ₦3.6t | ₦550.6b | 24.5x | 29.8x | 4.6x |
| Wed, 29 May 2024 | ₦16.4t | ₦3.6t | ₦550.6b | 24.5x | 29.8x | 4.6x |
| Fri, 26 Apr 2024 | ₦16.4t | ₦3.1t | ₦565.8b | 24.7x | 29x | 5.3x |
| Sun, 24 Mar 2024 | ₦16.9t | ₦3.1t | ₦565.8b | 25.8x | 29.9x | 5.5x |
| Tue, 20 Feb 2024 | ₦17.5t | ₦2.8t | ₦588.4b | 26.3x | 29.7x | 6.3x |
| Thu, 18 Jan 2024 | ₦11.5t | ₦2.8t | ₦588.4b | 17.3x | 19.5x | 4.1x |
| Sat, 16 Dec 2023 | ₦9.1t | ₦2.8t | ₦588.4b | 12.3x | 15.5x | 3.3x |
| Mon, 13 Nov 2023 | ₦9.6t | ₦2.8t | ₦588.4b | 12.6x | 16.3x | 3.4x |
| Wed, 11 Oct 2023 | ₦9.2t | ₦2.5t | ₦535.6b | 13.7x | 17.2x | 3.6x |
| Fri, 08 Sep 2023 | ₦10.0t | ₦2.5t | ₦535.6b | 16.2x | 18.6x | 3.9x |
| Sun, 06 Aug 2023 | ₦9.7t | ₦2.5t | ₦535.6b | 15.6x | 18.2x | 3.8x |
| Tue, 04 Jul 2023 | ₦8.4t | ₦2.4t | ₦525.9b | 12.6x | 16x | 3.6x |
Price to Earnings Ratio
16x
Current Industry PE
- There are only 3 companies in the Nigerian Construction Materials 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 Construction Materials industry have grown 53% per year over the last three years.
- Revenues for these companies have grown 43% 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 Construction Materials compare with similar industries?
| NG Market | -3.05% | |
| Materials | -8.34% | |
| Basic Materials | -8.48% | |
| Construction Materials | -8.48% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WAPCO HBM Nigeria | ₦317.40 | 0.7% +₦37.0b | 253.1% | PE15.9x |