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Nigerian (NSE) Real Estate Sector Analysis

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies6
  • 7D-1.5%
  • 3M68.9%
  • 1Y140.2%
  • YTD152.6%

Over the last 7 days, the Real Estate industry has dropped 1.5%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 140%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025₦144.3b₦20.2b₦8.4b9.9x17.2x7.2x
Fri, 15 Aug 2025₦170.8b₦20.2b₦8.3b9.9x20.5x8.5x
Sun, 13 Jul 2025₦125.6b₦17.2b₦6.7b10.3x18.7x7.3x
Tue, 10 Jun 2025₦86.2b₦17.2b₦6.7b8.6x12.8x5x
Thu, 08 May 2025₦86.1b₦16.9b₦6.9b8.3x12.5x5.1x
Sat, 05 Apr 2025₦88.5b₦16.6b₦7.2b8.6x12.3x5.3x
Mon, 03 Mar 2025₦82.4b₦16.7b₦7.2b8x11.4x4.9x
Wed, 29 Jan 2025₦62.4b₦10.9b₦6.4b8.2x9.7x5.7x
Fri, 27 Dec 2024₦51.7b₦10.7b₦6.3b9.2x8.2x4.8x
Sun, 24 Nov 2024₦51.7b₦10.7b₦6.3b9.2x8.3x4.9x
Tue, 22 Oct 2024₦51.1b₦9.7b₦5.8b9.5x8.9x5.3x
Thu, 19 Sep 2024₦60.6b₦9.7b₦5.8b9.5x10.5x6.2x
Sat, 17 Aug 2024₦46.1b₦9.7b₦5.8b6.8x8x4.8x
Mon, 15 Jul 2024₦46.4b₦8.9b₦5.6b6.3x8.2x5.2x
Wed, 12 Jun 2024₦45.3b₦8.4b₦5.4b6.3x8.4x5.4x
Fri, 10 May 2024₦46.8b₦8.2b₦4.9b6.3x9.6x5.7x
Sun, 07 Apr 2024₦48.1b₦8.2b₦4.9b6.3x9.9x5.8x
Tue, 05 Mar 2024₦51.6b₦10.7b₦3.1b8x16.8x4.8x
Thu, 01 Feb 2024₦59.4b₦10.6b₦3.0b9.3x19.8x5.6x
Sat, 30 Dec 2023₦49.8b₦10.6b₦3.0b9.3x16.6x4.7x
Mon, 27 Nov 2023₦45.7b₦9.8b₦2.5b7.1x17.9x4.7x
Wed, 25 Oct 2023₦43.7b₦9.8b₦2.5b6.5x17.1x4.5x
Fri, 22 Sep 2023₦42.7b₦9.7b₦2.5b6.7x16.9x4.4x
Sun, 20 Aug 2023₦37.1b₦9.7b₦2.5b6.2x14.7x3.8x
Tue, 18 Jul 2023₦37.5b₦8.6b₦2.3b6.1x16.6x4.4x
Thu, 15 Jun 2023₦38.6b₦8.6b₦2.5b7.6x15.2x4.5x
Sat, 13 May 2023₦35.9b₦8.5b₦2.5b7.6x14.5x4.2x
Mon, 10 Apr 2023₦35.0b₦3.0b-₦5,862,719,103.008.2x-6x11.8x
Wed, 08 Mar 2023₦36.9b₦3.0b-₦5,861,368,344.008.2x-6.3x12.4x
Fri, 03 Feb 2023₦34.4b₦3.0b-₦5,861,368,344.008.2x-5.9x11.6x
Sun, 01 Jan 2023₦33.3b₦3.0b-₦5,864,978,344.008.9x-5.7x11.3x
Tue, 29 Nov 2022₦33.0b₦3.0b-₦5,864,978,344.008.9x-5.6x11.2x
Thu, 27 Oct 2022₦34.6b₦3.1b-₦5,703,314,344.008.9x-6.1x11.3x
Sat, 24 Sep 2022₦34.8b₦3.1b-₦5,701,654,344.008.8x-6.1x11.3x
Price to Earnings Ratio

-6.1x


Total Market Cap: ₦34.8bTotal Earnings: -₦5,701,654,344.00Total Revenue: ₦3.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Real Estate Sector Price to Earnings3Y Average 9.8x202320242025
Current Industry PE
  • Investors are optimistic on the Nigerian Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.2x which is higher than its 3-year average PE of 9.8x.
  • The 3-year average PS ratio of 6.4x is lower than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 87% 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 Real Estate sector?

NG Market1.66%
Real Estate-1.48%
REITS-0.43%
Real Estate-1.77%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 51.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the REITS industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.1x.
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
No data available

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