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Nigerian (NSE) Real Estate Sector Analysis

UpdatedMay 15, 2022
DataAggregated Company Financials
Companies5
  • 7D1.3%
  • 3M-0.2%
  • 1Y-0.8%
  • YTD-7.6%

Over the last 7 days, the Real Estate industry has risen 1.3%, driven by gains from every company within the industry. The industry has been flat over the past 12 months despite the gain this week.

Sector Valuation and Performance

Has the Nigerian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 16 May 2022₦38.3b₦3.0b-₦5,705,509,344.008.9x
Wed, 13 Apr 2022₦33.0b₦3.0b-₦5,724,569,344.008.7x
Fri, 11 Mar 2022₦35.8b₦4.3b₦2.2b7.3x
Sun, 06 Feb 2022₦37.9b₦4.3b₦2.2b7.1x
Tue, 04 Jan 2022₦42.2b₦4.3b₦2.2b7.8x
Thu, 02 Dec 2021₦37.6b₦4.5b₦2.5b7.1x
Sat, 30 Oct 2021₦58.2b₦4.5b₦2.5b8.3x
Mon, 27 Sep 2021₦57.9b₦4.5b₦2.5b8.1x
Wed, 25 Aug 2021₦51.8b₦4.5b₦2.5b8.1x
Thu, 01 Jul 2021₦39.3b₦4.5b₦2.5b8.1x
Sun, 04 Apr 2021₦37.5b₦4.5b₦2.5b8x
Wed, 06 Jan 2021₦38.4b₦4.6b₦2.1b7.8x
Sat, 10 Oct 2020₦35.3b₦3.7b-₦14,182,148,856.007.4x
Fri, 03 Jul 2020₦21.8b₦4.1b-₦14,088,137,856.007x
Mon, 06 Apr 2020₦17.5b₦3.2b₦2.4b6.5x
Thu, 09 Jan 2020₦23.3b₦5.5b-₦15,663,487,856.0010.5x
Wed, 02 Oct 2019₦25.2b₦4.4b-₦8,998,085,372.007.6x
Sat, 06 Jul 2019₦27.7b₦4.7b-₦11,320,677,372.008.3x
Median PE Ratio

8.4x


Total Market Cap: ₦27.7bTotal Earnings: -₦12,004,962,372.00Total Revenue: ₦4.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Real Estate Sector Median PE3Y Average 7.9x202020212022
Current Industry PEThere are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 11% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Trends

Which industries have driven the changes within the Nigerian Real Estate sector?

NG Market5.13%
Real Estate1.34%
Real Estate1.76%
REITS0.80%
Industry PE
  • Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 13.8x.
  • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Real Estate industry, which is trading close to its 3-year average of 5.3x.
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
UPDC UACN Property Development₦1.071.9%
+₦371.2m		28.9%PB2.5x
UPDCREIT UPDC Real Estate Investment Trust₦3.751.4%
+₦133.4m		-33.0%PB0.4x
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UPDC

₦1.07

UACN Property Development

7D

1.9%

1Y

28.9%

UPDCREIT

₦3.75

UPDC Real Estate Investment Trust

7D

1.4%

1Y

-33.0%