Nigerian (NSE) Commodity Chemicals Industry Analysis

UpdatedApr 24, 2024

DataAggregated Company Financials

Companies4

7D-2.1%
3M9.9%
1Y47.7%
YTDn/a

Over the last 7 days, the Commodity Chemicals industry has dropped 4.7%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 52%.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 24 Apr 2024	₦10.6b	₦10.2b	₦742.5m	11.8x	14.3x	1x
Fri, 22 Mar 2024	₦10.8b	₦10.2b	₦882.8m	11.7x	12.2x	1.1x
Sun, 18 Feb 2024	₦11.3b	₦10.2b	₦882.8m	11.7x	12.8x	1.1x
Tue, 16 Jan 2024	₦5.1b	₦1.9b	₦807.8m	5.6x	6.3x	2.7x
Thu, 14 Dec 2023	₦5.2b	₦1.9b	₦807.8m	5.8x	6.5x	2.8x
Sat, 11 Nov 2023	₦4.8b	₦1.9b	₦807.8m	5.4x	5.9x	2.5x
Mon, 09 Oct 2023	₦5.0b	₦1.8b	₦665.7m	7.3x	7.4x	2.8x
Wed, 06 Sep 2023	₦4.8b	₦1.8b	₦665.7m	7.2x	7.3x	2.7x
Fri, 04 Aug 2023	₦4.9b	₦1.8b	₦665.7m	7.2x	7.4x	2.8x
Sun, 02 Jul 2023	₦7.8b	₦8.1b	₦770.9m	9.6x	10.1x	1x
Tue, 30 May 2023	₦6.2b	₦8.1b	₦770.9m	8.4x	8x	0.8x
Thu, 27 Apr 2023	₦6.0b	₦7.8b	₦590.8m	7.2x	10.1x	0.8x
Sat, 25 Mar 2023	₦5.6b	₦7.8b	₦173.8m	6.4x	32.1x	0.7x
Mon, 20 Feb 2023	₦5.6b	₦7.8b	₦173.8m	6.4x	32.1x	0.7x
Wed, 18 Jan 2023	₦5.5b	₦7.4b	₦104.7m	10.5x	52.1x	0.7x
Fri, 16 Dec 2022	₦5.3b	₦7.4b	₦168.5m	9.6x	31.5x	0.7x
Sun, 13 Nov 2022	₦5.3b	₦7.1b	₦164.0m	9.5x	32x	0.7x
Tue, 11 Oct 2022	₦5.3b	₦7.0b	₦189.3m	29.8x	28x	0.8x
Thu, 08 Sep 2022	₦5.5b	₦7.0b	₦189.3m	30.3x	29x	0.8x
Sat, 06 Aug 2022	₦5.5b	₦7.0b	₦189.3m	30.3x	29x	0.8x
Mon, 04 Jul 2022	₦5.7b	₦6.5b	₦250.6m	37.3x	22.7x	0.9x
Wed, 01 Jun 2022	₦3.6b	₦6.5b	₦215.3m	28.5x	16.6x	0.5x
Fri, 29 Apr 2022	₦3.7b	₦6.5b	₦215.3m	28.3x	17.3x	0.6x
Sun, 27 Mar 2022	₦2.4b	₦6.1b	₦237.6m	8.9x	10.3x	0.4x
Tue, 22 Feb 2022	₦2.5b	₦6.1b	₦237.6m	9x	10.4x	0.4x
Thu, 20 Jan 2022	₦2.6b	₦5.7b	₦1.5b	5.2x	1.8x	0.5x
Sat, 18 Dec 2021	₦2.7b	₦5.7b	₦1.5b	5.4x	1.8x	0.5x
Mon, 15 Nov 2021	₦4.7b	₦7.5b	₦1.2b	5.3x	3.9x	0.6x
Wed, 13 Oct 2021	₦4.8b	₦7.0b	₦1.1b	6.8x	4.3x	0.7x
Fri, 10 Sep 2021	₦4.8b	₦7.0b	₦1.1b	6.8x	4.3x	0.7x
Sun, 08 Aug 2021	₦5.0b	₦7.0b	₦1.1b	6.9x	4.5x	0.7x
Sat, 01 May 2021	₦4.3b	₦6.5b	₦1.0b	7.7x	4.3x	0.7x

Price to Earnings Ratio

4.3x

Sat, 01 May 2021

Current Industry PE

Investors are pessimistic on the Nigerian Commodity 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 12.1x which is lower than its 3-year average PE of 14.4x.

The industry is trading close to its 3-year average PS ratio of 1.1x.

Past Earnings Growth

The earnings for companies in the Commodity Chemicals industry have declined 4.5% per year over the last three years.
Meanwhile revenues for these companies have grown 16% 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 Comparison

How does Nigerian Commodity Chemicals compare with similar industries?


NG Market	-0.51%
Materials	0.30%
Chemicals	1.16%
Commodity Chemicals	-2.13%
Specialty Chemicals	9.38%
Diversified Chemicals	0%
Fertilizers and Agricultural Chemicals	0%
Industrial Gases	0%

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
No data available

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News