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Nigerian (NSE) Chemicals Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies6
- 7D0%
- 3M5.6%
- 1Y105.4%
- YTD90.0%
The Chemicals industry has stayed flat over the last week. As for the the longer term, the industry is up 105% over the past 12 months.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ₦62.4b | ₦53.2b | ₦6.1b | 10.5x | 10.3x | 1.2x |
| Tue, 19 Nov 2024 | ₦62.2b | ₦53.2b | ₦6.1b | 10.5x | 10.3x | 1.2x |
| Thu, 17 Oct 2024 | ₦59.2b | ₦48.7b | ₦5.6b | 11.7x | 10.5x | 1.2x |
| Sat, 14 Sep 2024 | ₦59.1b | ₦48.7b | ₦5.6b | 9.5x | 10.5x | 1.2x |
| Mon, 12 Aug 2024 | ₦49.2b | ₦48.7b | ₦5.6b | 9.2x | 8.7x | 1x |
| Wed, 10 Jul 2024 | ₦46.3b | ₦45.7b | ₦5.8b | 10.8x | 8x | 1x |
| Fri, 07 Jun 2024 | ₦46.0b | ₦45.7b | ₦5.8b | 10.8x | 7.9x | 1x |
| Sun, 05 May 2024 | ₦142.9b | ₦67.2b | -₦108,467,266,210.00 | 9.9x | -1.3x | 2.1x |
| Tue, 02 Apr 2024 | ₦37.2b | ₦40.2b | ₦4.3b | 8.6x | 8.7x | 0.9x |
| Thu, 29 Feb 2024 | ₦37.3b | ₦40.2b | ₦4.3b | 9.5x | 8.7x | 0.9x |
| Sat, 27 Jan 2024 | ₦132.2b | ₦43.0b | -₦43,706,928,000.00 | 7.8x | -3x | 3.1x |
| Mon, 25 Dec 2023 | ₦127.3b | ₦43.0b | -₦43,706,928,000.00 | 7x | -2.9x | 3x |
| Wed, 22 Nov 2023 | ₦126.4b | ₦43.0b | -₦43,706,928,000.00 | 6.4x | -2.9x | 2.9x |
| Fri, 20 Oct 2023 | ₦127.2b | ₦41.6b | -₦43,851,502,000.00 | 7.3x | -2.9x | 3.1x |
| Sun, 17 Sep 2023 | ₦127.2b | ₦41.6b | -₦43,851,502,000.00 | 7.3x | -2.9x | 3.1x |
| Tue, 15 Aug 2023 | ₦125.9b | ₦41.6b | -₦43,851,502,000.00 | 7.1x | -2.9x | 3x |
| Thu, 13 Jul 2023 | ₦128.6b | ₦52.0b | -₦13,199,690,000.00 | 9.8x | -9.7x | 2.5x |
| Sat, 10 Jun 2023 | ₦126.1b | ₦64.3b | -₦3,709,697,000.00 | 9.1x | -34x | 2x |
| Mon, 08 May 2023 | ₦125.2b | ₦64.3b | -₦3,709,697,000.00 | 8.1x | -33.7x | 1.9x |
| Wed, 05 Apr 2023 | ₦124.6b | ₦65.5b | -₦13,501,197,000.00 | 7x | -9.2x | 1.9x |
| Fri, 03 Mar 2023 | ₦126.8b | ₦65.5b | -₦13,501,197,000.00 | 7.9x | -9.4x | 1.9x |
| Sun, 29 Jan 2023 | ₦125.7b | ₦54.5b | -₦269,592,000.00 | 7.5x | -466.4x | 2.3x |
| Tue, 27 Dec 2022 | ₦124.3b | ₦52.4b | -₦597,438,000.00 | 9x | -208x | 2.4x |
| Thu, 24 Nov 2022 | ₦123.5b | ₦52.4b | -₦597,438,000.00 | 9x | -206.8x | 2.4x |
| Sat, 22 Oct 2022 | ₦124.1b | ₦50.6b | -₦832,353,000.00 | 9.4x | -149.1x | 2.5x |
| Mon, 19 Sep 2022 | ₦124.0b | ₦50.6b | -₦832,353,000.00 | 10x | -148.9x | 2.4x |
| Wed, 17 Aug 2022 | ₦123.8b | ₦50.6b | -₦832,353,000.00 | 9.8x | -148.7x | 2.4x |
| Fri, 15 Jul 2022 | ₦124.4b | ₦49.5b | -₦872,225,000.00 | 10.9x | -142.6x | 2.5x |
| Sun, 12 Jun 2022 | ₦127.2b | ₦49.5b | -₦872,225,000.00 | 11x | -145.8x | 2.6x |
| Tue, 10 May 2022 | ₦125.7b | ₦49.5b | -₦907,446,000.00 | 12.2x | -138.5x | 2.5x |
| Thu, 07 Apr 2022 | ₦120.7b | ₦47.2b | -₦12,158,706,000.00 | 10.7x | -9.9x | 2.6x |
| Sat, 05 Mar 2022 | ₦121.2b | ₦47.2b | -₦12,158,706,000.00 | 11.5x | -10x | 2.6x |
| Mon, 31 Jan 2022 | ₦122.7b | ₦40.8b | -₦17,283,229,000.00 | 10.4x | -7.1x | 3x |
| Wed, 29 Dec 2021 | ₦122.7b | ₦38.4b | -₦17,487,272,000.00 | 11.3x | -7x | 3.2x |
Price to Earnings Ratio
-7x
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 industry is trading at a PE ratio of 10.3x which is higher than its 3-year average PE of -44.8x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.2x.
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 11% 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 Market | 2.47% | |
| Materials | -0.74% | |
| Chemicals | 0% | |
| Commodity Chemicals | 0% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
| Specialty Chemicals | 0% | |
| Industrial Gases | 0% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 17.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Specialty Chemicals industry, which is trading close to its 3-year average of 8.8x.
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 | |
|---|---|---|---|---|---|
| No data available | |||||