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Nigerian (NSE) Metals and Mining Industry Analysis

UpdatedMay 26, 2026
DataAggregated Company Financials
Companies2
  • 7D1.5%
  • 3M-2.6%
  • 1Y144.3%
  • YTD14.2%

Over the last 7 days, the Metals and Mining industry has remained flat. As for the the longer term, the industry is up 126% over the past 12 months.

Industry Valuation and Performance

Has the Nigerian Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 May 2026₦13.1b₦2.7b₦345.4m17.9x38x4.9x
Thu, 23 Apr 2026₦13.4b₦2.7b₦281.8m20.2x47.4x5x
Sat, 21 Mar 2026₦9.9b₦2.7b₦304.1m12.5x32.4x3.7x
Mon, 16 Feb 2026₦15.7b₦2.7b₦304.1m21x51.7x5.8x
Wed, 14 Jan 2026₦15.2b₦3.1b₦556.7m13.3x27.2x5x
Fri, 12 Dec 2025₦6.3b₦3.1b₦556.7m5.7x11.3x2.1x
Sun, 09 Nov 2025₦6.6b₦2.9b₦506.9m6.1x13x2.3x
Tue, 07 Oct 2025₦7.5b₦3.2b₦76.4m12.5x98.1x2.4x
Thu, 04 Sep 2025₦6.5b₦3.2b₦76.4m10.4x84.8x2x
Sat, 02 Aug 2025₦6.2b₦3.6b₦78.7m16.6x78.7x1.7x
Mon, 30 Jun 2025₦5.3b₦3.6b₦78.7m13.4x67.3x1.5x
Wed, 28 May 2025₦5.4b₦3.6b₦78.7m13.6x68.2x1.5x
Fri, 25 Apr 2025₦4.9b₦3.7b₦178.2m8.8x27.5x1.3x
Sun, 23 Mar 2025₦5.3b₦3.7b₦133.8m9.1x39.3x1.4x
Tue, 18 Feb 2025₦6.2b₦3.7b₦133.8m11.4x46.1x1.7x
Thu, 16 Jan 2025₦6.3b₦3.7b₦94.5m14.7x66.9x1.7x
Sat, 14 Dec 2024₦4.0b₦3.7b₦94.5m7.5x42.1x1.1x
Mon, 11 Nov 2024₦5.0b₦3.7b₦94.5m10.5x52.5x1.3x
Wed, 09 Oct 2024₦5.3b₦3.5b₦108.9m10.3x48.9x1.5x
Fri, 06 Sep 2024₦6.3b₦3.5b₦108.9m13.2x58.3x1.8x
Sun, 04 Aug 2024₦6.3b₦3.5b₦114.4m13.2x55.5x1.8x
Tue, 02 Jul 2024₦6.3b₦3.1b₦125.6m15x50.5x2x
Thu, 30 May 2024₦6.9b₦3.1b₦125.6m16.7x54.6x2.2x
Sat, 27 Apr 2024₦7.4b₦2.7b₦7.1m22x1041x2.7x
Mon, 25 Mar 2024₦8.1b₦2.7b₦29.1m22.6x278.4x2.9x
Wed, 21 Feb 2024₦8.8b₦2.7b₦29.1m25.2x303.3x3.2x
Fri, 19 Jan 2024₦8.8b₦2.9b₦55.8m29.8x158.1x3.1x
Sun, 17 Dec 2023₦5.8b₦2.9b₦55.8m17.4x103.8x2x
Tue, 14 Nov 2023₦2.8b₦2.9b₦53.8m5.1x52.2x1x
Thu, 12 Oct 2023₦2.7b₦3.1b₦146.4m5.9x18.4x0.9x
Sat, 09 Sep 2023₦2.7b₦3.1b₦146.4m6x18.6x0.9x
Mon, 07 Aug 2023₦2.9b₦3.1b₦146.4m7x20x0.9x
Wed, 05 Jul 2023₦3.0b₦3.2b₦199.5m7.3x15.2x0.9x
Fri, 02 Jun 2023₦3.2b₦3.2b₦199.5m7.9x15.9x1x
Price to Earnings Ratio

15.9x


Total Market Cap: ₦3.2bTotal Earnings: ₦199.5mTotal Revenue: ₦3.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Metals and Mining Industry Price to Earnings3Y Average 78.6x202420252026
Current Industry PE
    There are only 2 companies in the Nigerian Metals and Mining industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 20% per year over the last three years.
  • Meanwhile revenues for these companies have declined 5.8% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

NG Market-0.56%
Materials-1.14%
Metals and Mining1.53%
Aluminum10.00%
Diversified Metals and Mining0%0
Industry PE
  • Investors are most optimistic about the Diversified Metals and Mining industry which is trading above its 3-year average PE ratio of 13.0x.
    • 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?

CompanyLast Price7D1YValuation
ALEX Aluminium Extrusion Industries₦9.9010.0%
+₦198.0m		38.5%PS1.3x

Latest News

ALEX
₦9.90
Aluminium Extrusion Industries
7D
10.0%
1Y
38.5%