Header cover image

Nigerian (NSE) Chemicals Industry Analysis

UpdatedMay 22, 2022
DataAggregated Company Financials
Companies5
  • 7D-0.6%
  • 3M1.9%
  • 1Y-0.07%
  • YTD1.7%

Last week, the Chemicals industry hasn't moved much but Berger Paints Nigeria is up 4.2% in that time. Furthermore, the industry has been flat for the past year as well.

Industry Valuation and Performance

Has the Nigerian Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 22 May 2022₦124.8b₦49.5b-₦907,446,000.0011.7x
Tue, 19 Apr 2022₦122.8b₦46.1b-₦1,351,750,000.0014.7x
Thu, 17 Mar 2022₦121.6b₦47.2b-₦12,158,706,000.0010.9x
Sat, 12 Feb 2022₦122.8b₦45.3b-₦14,642,746,800.0011.5x
Mon, 10 Jan 2022₦122.8b₦38.4b-₦17,487,272,000.0011.3x
Wed, 08 Dec 2021₦122.5b₦38.4b-₦17,487,272,000.0011.3x
Fri, 05 Nov 2021₦125.4b₦40.2b-₦17,729,869,000.0012.2x
Sun, 03 Oct 2021₦125.8b₦32.2b-₦11,582,963,000.0013.7x
Tue, 31 Aug 2021₦124.0b₦32.2b-₦11,582,963,000.0012.9x
Wed, 07 Jul 2021₦122.4b₦32.2b-₦11,582,963,000.0011.3x
Sat, 10 Apr 2021₦126.4b₦29.4b-₦7,486,932,000.0015.6x
Fri, 01 Jan 2021₦123.1b₦32.7b-₦8,994,888,000.0012.5x
Mon, 05 Oct 2020₦118.4b₦37.1b-₦4,630,124,000.007.6x
Thu, 09 Jul 2020₦121.1b₦40.2b-₦4,778,001,000.007.8x
Wed, 01 Apr 2020₦122.6b₦40.8b-₦6,591,999,000.004.4x
Sat, 04 Jan 2020₦123.8b₦44.1b-₦4,597,093,000.0010.1x
Tue, 08 Oct 2019₦125.4b₦39.9b-₦2,823,967,000.008.8x
Mon, 01 Jul 2019₦126.0b₦40.7b-₦1,863,306,000.005.9x
Median PE Ratio

7.9x


Total Market Cap: ₦128.4bTotal Earnings: ₦3.3bTotal Revenue: ₦42.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Chemicals Industry Median PE3Y Average 10x202020212022
Current Industry PE
  • Investors are relatively neutral on the 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 10.0x.
Past Earnings Growth
  • Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 5.1% 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, which has decreased profits.

Industry Trends

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

NG Market-1.46%
Materials-0.48%
Chemicals-0.57%
Commodity Chemicals3.82%
Diversified Chemicals0%
Fertilizers and Agricultural Chemicals0%
Industrial Gases-3.70%
Specialty Chemicals-4.11%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 7.8x.
  • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Industrial Gases industry, which is trading below its 3-year average of 10.7x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BERGER Berger Paints Nigeria₦7.504.2%
+₦86.9m
23.0%PS12x
MEYER Meyer₦3.103.3%
+₦49.8m
443.9%PS45.8x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MEYER

₦3.10

Meyer

7D

3.3%

1Y

443.9%