Nigerian (NSE) Chemicals Industry Analysis
UpdatedJun 01, 2023
DataAggregated Company Financials
Companies6
- 7D1.1%
- 3M1.1%
- 1Y-0.5%
- YTD3.2%
Over the last 7 days, the Chemicals industry has remained flat, although notably Chemical and Allied Products gained 3.5%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Jun 2023 | ₦128.2b | ₦64.3b | -₦3,709,697,000.00 | 9.4x | -34.6x | 2x |
| Sat, 29 Apr 2023 | ₦125.1b | ₦63.9b | -₦3,889,718,000.00 | 7.4x | -32.2x | 2x |
| Mon, 27 Mar 2023 | ₦125.5b | ₦65.5b | -₦13,501,197,000.00 | 7.4x | -9.3x | 1.9x |
| Wed, 22 Feb 2023 | ₦126.8b | ₦65.5b | -₦13,501,197,000.00 | 7.9x | -9.4x | 1.9x |
| Fri, 20 Jan 2023 | ₦124.4b | ₦52.4b | -₦661,237,000.00 | 9x | -188.2x | 2.4x |
| Sun, 18 Dec 2022 | ₦124.3b | ₦52.4b | -₦597,438,000.00 | 9x | -208x | 2.4x |
| Tue, 15 Nov 2022 | ₦123.5b | ₦49.6b | -₦802,993,000.00 | 9.2x | -153.8x | 2.5x |
| Thu, 13 Oct 2022 | ₦124.2b | ₦50.6b | -₦832,353,000.00 | 9.6x | -149.2x | 2.5x |
| Sat, 10 Sep 2022 | ₦124.0b | ₦50.6b | -₦832,353,000.00 | 10x | -148.9x | 2.4x |
| Mon, 08 Aug 2022 | ₦124.2b | ₦50.6b | -₦832,353,000.00 | 10.2x | -149.2x | 2.5x |
| Wed, 06 Jul 2022 | ₦124.4b | ₦49.5b | -₦872,225,000.00 | 10.9x | -142.6x | 2.5x |
| Fri, 03 Jun 2022 | ₦125.8b | ₦49.5b | -₦907,446,000.00 | 11.4x | -138.6x | 2.5x |
| Sun, 01 May 2022 | ₦125.3b | ₦49.5b | -₦907,446,000.00 | 12.1x | -138.1x | 2.5x |
| Tue, 29 Mar 2022 | ₦122.4b | ₦47.2b | -₦12,158,706,000.00 | 10.4x | -10.1x | 2.6x |
| Thu, 24 Feb 2022 | ₦122.7b | ₦47.2b | -₦12,158,706,000.00 | 11.4x | -10.1x | 2.6x |
| Sat, 22 Jan 2022 | ₦122.7b | ₦38.4b | -₦17,487,272,000.00 | 11.1x | -7x | 3.2x |
| Mon, 20 Dec 2021 | ₦121.7b | ₦38.4b | -₦17,487,272,000.00 | 11.3x | -7x | 3.2x |
| Wed, 17 Nov 2021 | ₦125.2b | ₦40.2b | -₦17,738,256,000.00 | 11.9x | -7.1x | 3.1x |
| Fri, 15 Oct 2021 | ₦125.3b | ₦32.2b | -₦11,582,963,000.00 | 13.5x | -10.8x | 3.9x |
| Sun, 12 Sep 2021 | ₦124.1b | ₦32.2b | -₦11,582,963,000.00 | 12.9x | -10.7x | 3.9x |
| Tue, 10 Aug 2021 | ₦123.7b | ₦32.2b | -₦11,582,963,000.00 | 12.1x | -10.7x | 3.8x |
| Mon, 03 May 2021 | ₦126.3b | ₦29.4b | -₦7,486,932,000.00 | 15.6x | -16.9x | 4.3x |
| Thu, 04 Feb 2021 | ₦126.4b | ₦32.7b | -₦8,994,888,000.00 | 13.7x | -14.1x | 3.9x |
| Sun, 08 Nov 2020 | ₦121.2b | ₦37.1b | -₦4,630,124,000.00 | 7.8x | -26.2x | 3.3x |
| Sat, 01 Aug 2020 | ₦118.4b | ₦40.2b | -₦4,778,001,000.00 | 7.8x | -24.8x | 2.9x |
Price to Earnings Ratio
-18.3x
Current Industry PE
- Investors are pessimistic on the Nigerian Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have improved over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Nigerian Materials industry?
| NG Market | 6.53% | |
| Materials | 5.05% | |
| Chemicals | 1.15% | |
| Industrial Gases | 15.07% | |
| Commodity Chemicals | 5.33% | |
| Specialty Chemicals | 3.54% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry even though it's trading below its 3-year average PE ratio of 11.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CAP Chemical and Allied Products | ₦20.45 | 3.5% +₦570.3m | -4.4% | PE7.5x | |
| IMG Industrial and Medical Gases Nigeria | ₦8.40 | 15.1% +₦549.4m | -8.4% | PE9.4x | |
| BERGER Berger Paints Nigeria | ₦10.10 | 12.8% +₦333.3m | 44.3% | PE9.7x |