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Nigerian (NSE) Chemicals Industry Analysis

UpdatedApr 25, 2026
DataAggregated Company Financials
Companies5
  • 7D15.1%
  • 3M32.3%
  • 1Y136.2%
  • YTD55.6%

In the last week, the Chemicals industry is up 15%, with Chemical and Allied Products up 25%. During this same period, the Meyer underperformed, falling 9.9%. This means that the industry has gained 136% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Apr 2026₦153.5b₦70.9b₦9.0b18.1x17.1x2.2x
Mon, 23 Mar 2026₦139.3b₦70.5b₦9.1b15.5x15.4x2x
Wed, 18 Feb 2026₦154.7b₦70.5b₦9.1b17.6x17.1x2.2x
Fri, 16 Jan 2026₦113.8b₦68.4b₦7.4b17.9x15.5x1.7x
Sun, 14 Dec 2025₦94.6b₦68.4b₦7.4b13.5x12.9x1.4x
Tue, 11 Nov 2025₦98.8b₦68.4b₦7.4b15.7x13.4x1.4x
Thu, 09 Oct 2025₦98.2b₦65.7b₦6.6b16x15x1.5x
Sat, 06 Sep 2025₦96.6b₦65.7b₦6.6b15.6x14.7x1.5x
Mon, 04 Aug 2025₦97.2b₦65.7b₦6.6b15.6x14.8x1.5x
Wed, 02 Jul 2025₦330.5b₦62.6b-₦185,507,570,000.0011.3x-1.8x5.3x
Fri, 30 May 2025₦319.6b₦62.1b-₦184,783,629,000.009.7x-1.7x5.1x
Sun, 27 Apr 2025₦314.7b₦59.4b-₦184,981,728,000.009.5x-1.7x5.3x
Tue, 25 Mar 2025₦321.8b₦59.1b-₦184,615,688,000.009.9x-1.7x5.4x
Thu, 20 Feb 2025₦323.1b₦59.1b-₦184,615,688,000.0010x-1.8x5.5x
Sat, 18 Jan 2025₦68.5b₦53.2b₦6.1b11.6x11.3x1.3x
Mon, 16 Dec 2024₦62.4b₦53.2b₦6.1b10.5x10.3x1.2x
Wed, 13 Nov 2024₦60.7b₦53.2b₦6.1b10.1x10x1.1x
Fri, 11 Oct 2024₦59.2b₦48.7b₦5.6b11.7x10.5x1.2x
Sun, 08 Sep 2024₦57.6b₦48.7b₦5.6b9.5x10.2x1.2x
Tue, 06 Aug 2024₦47.1b₦48.7b₦5.6b9.2x8.4x1x
Thu, 04 Jul 2024₦46.3b₦45.7b₦5.8b10.8x8x1x
Sat, 01 Jun 2024₦45.1b₦45.7b₦5.8b10.8x7.8x1x
Mon, 29 Apr 2024₦141.8b₦66.9b-₦109,271,062,210.0011x-1.3x2.1x
Wed, 27 Mar 2024₦37.2b₦40.2b₦4.3b8.6x8.7x0.9x
Fri, 23 Feb 2024₦37.3b₦40.2b₦4.3b9.5x8.7x0.9x
Sun, 21 Jan 2024₦132.1b₦43.0b-₦43,706,928,000.007.9x-3x3.1x
Tue, 19 Dec 2023₦126.5b₦43.0b-₦43,706,928,000.006.4x-2.9x2.9x
Thu, 16 Nov 2023₦126.4b₦43.0b-₦43,706,928,000.006.4x-2.9x2.9x
Sat, 14 Oct 2023₦126.4b₦41.6b-₦43,851,502,000.007.2x-2.9x3x
Mon, 11 Sep 2023₦126.7b₦41.6b-₦43,851,502,000.007.2x-2.9x3x
Wed, 09 Aug 2023₦127.8b₦41.3b-₦43,907,768,000.008.2x-2.9x3.1x
Fri, 07 Jul 2023₦129.2b₦52.0b-₦13,199,690,000.0010.2x-9.8x2.5x
Sun, 04 Jun 2023₦126.8b₦64.3b-₦3,709,697,000.009.1x-34.2x2x
Tue, 02 May 2023₦125.3b₦64.3b-₦3,709,697,000.007.5x-33.8x1.9x
Price to Earnings Ratio

-33.8x


Total Market Cap: ₦125.3bTotal Earnings: -₦3,709,697,000.00Total Revenue: ₦64.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Chemicals Industry Price to Earnings3Y Average 4x202420252026
Current Industry PE
  • Investors are optimistic on the Nigerian Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.1x which is higher than its 3-year average PE of 4.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • Total earnings for the Chemicals industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 3.3% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

NG Market4.57%
Materials7.71%
Chemicals15.13%
Specialty Chemicals24.74%
Commodity Chemicals4.70%
Fertilizers and Agricultural Chemicals0%0
Industrial Gases0%0
Industry PE
  • Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 13.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Commodity Chemicals industry, which is trading close to its 3-year average of 14.4x.
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
CAP Chemical and Allied Products₦118.5024.7%
+₦19.1b
196.3%PE16.8x
UNIONDICON Union Dicon Salt₦21.9032.7%
+₦1.5b
177.2%PE74.1x
BERGER Berger Paints Nigeria₦72.456.0%
+₦1.2b
305.9%PE12.2x

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