Have your own idea? Try our Stock Screener
Nigerian (NSE) REITS Industry Analysis
UpdatedMar 05, 2026
DataAggregated Company Financials
Companies2
- 7D1.8%
- 3M24.2%
- 1Y33.5%
- YTD21.8%
Over the last 7 days, the REITS industry has remained flat. As for the the longer term, the industry is up 33% over the past 12 months.
Industry Valuation and Performance
Has the Nigerian REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 05 Mar 2026 | ₦34.6b | ₦4.4b | ₦3.4b | 10.6x | 10.2x | 7.8x |
| Sat, 31 Jan 2026 | ₦41.9b | ₦4.4b | ₦5.8b | 10.6x | 7.2x | 9.6x |
| Mon, 29 Dec 2025 | ₦28.2b | ₦4.1b | ₦5.6b | 6.5x | 5.1x | 6.9x |
| Wed, 26 Nov 2025 | ₦27.0b | ₦4.1b | ₦5.6b | 6.3x | 4.8x | 6.6x |
| Fri, 24 Oct 2025 | ₦29.4b | ₦4.1b | ₦5.6b | 6.6x | 5.3x | 7.2x |
| Sun, 21 Sep 2025 | ₦30.8b | ₦4.1b | ₦5.6b | 7.2x | 5.5x | 7.6x |
| Tue, 19 Aug 2025 | ₦32.0b | ₦4.1b | ₦5.6b | 7.3x | 5.8x | 7.9x |
| Thu, 17 Jul 2025 | ₦31.7b | ₦4.1b | ₦5.6b | 7.7x | 5.7x | 7.8x |
| Sat, 14 Jun 2025 | ₦25.5b | ₦4.1b | ₦5.6b | 6.1x | 4.6x | 6.3x |
| Mon, 12 May 2025 | ₦25.2b | ₦3.8b | ₦5.7b | 5.9x | 4.4x | 6.6x |
| Wed, 09 Apr 2025 | ₦23.6b | ₦3.8b | ₦5.7b | 5.7x | 4.1x | 6.2x |
| Fri, 07 Mar 2025 | ₦25.7b | ₦4.2b | ₦5.8b | 6.4x | 4.4x | 6.1x |
| Sun, 02 Feb 2025 | ₦22.9b | ₦3.7b | ₦5.3b | 6.4x | 4.3x | 6.3x |
| Tue, 31 Dec 2024 | ₦20.2b | ₦3.7b | ₦5.3b | 6.1x | 3.8x | 5.5x |
| Thu, 28 Nov 2024 | ₦20.4b | ₦3.7b | ₦5.3b | 6.1x | 3.9x | 5.6x |
| Sat, 26 Oct 2024 | ₦20.9b | ₦3.5b | ₦5.0b | 6.4x | 4.2x | 6x |
| Mon, 23 Sep 2024 | ₦20.8b | ₦3.5b | ₦5.0b | 6.4x | 4.2x | 5.9x |
| Wed, 21 Aug 2024 | ₦19.7b | ₦3.5b | ₦5.0b | 6.3x | 4x | 5.6x |
| Fri, 19 Jul 2024 | ₦19.7b | ₦2.9b | ₦4.9b | 6.8x | 4x | 6.8x |
| Sun, 16 Jun 2024 | ₦19.6b | ₦2.9b | ₦4.9b | 6.7x | 4x | 6.8x |
| Tue, 14 May 2024 | ₦18.9b | ₦2.7b | ₦4.4b | 7.8x | 4.3x | 7.1x |
| Thu, 11 Apr 2024 | ₦20.6b | ₦2.7b | ₦4.4b | 8x | 4.7x | 7.7x |
| Sat, 09 Mar 2024 | ₦21.0b | ₦2.6b | ₦2.4b | 10.1x | 8.8x | 8x |
| Mon, 05 Feb 2024 | ₦24.5b | ₦2.6b | ₦2.4b | 11x | 10.2x | 9.3x |
| Wed, 03 Jan 2024 | ₦25.6b | ₦2.6b | ₦2.4b | 11.3x | 10.7x | 9.7x |
| Fri, 01 Dec 2023 | ₦17.8b | ₦2.5b | ₦2.3b | 9.3x | 7.7x | 7.2x |
| Sun, 29 Oct 2023 | ₦16.8b | ₦2.5b | ₦2.3b | 9x | 7.3x | 6.7x |
| Tue, 26 Sep 2023 | ₦16.4b | ₦2.5b | ₦2.3b | 8.9x | 7.1x | 6.6x |
| Thu, 24 Aug 2023 | ₦16.6b | ₦2.5b | ₦2.3b | 9x | 7.2x | 6.7x |
| Sat, 22 Jul 2023 | ₦16.2b | ₦2.3b | ₦2.2b | 9.9x | 7.5x | 6.9x |
| Mon, 19 Jun 2023 | ₦16.5b | ₦2.3b | ₦2.2b | 10x | 7.6x | 7x |
| Wed, 17 May 2023 | ₦15.8b | ₦2.3b | ₦2.1b | 10.7x | 7.5x | 7x |
| Fri, 14 Apr 2023 | ₦15.6b | ₦2.3b | ₦2.1b | 10.6x | 7.4x | 6.9x |
| Sun, 12 Mar 2023 | ₦15.4b | ₦1.8b | -₦4,245,832,000.00 | 17.5x | -3.6x | 8.4x |
Price to Earnings Ratio
-3.6x
Current Industry PE
- There are only 2 companies in the Nigerian REITs industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 34% 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 industry?
| NG Market | 1.06% | |
| Real Estate | -0.87% | |
| REITS | 1.83% | |
| Diversified REITs | 1.83% | |
Industry PE
- Investors are most optimistic about the Diversified REITs industry which is trading above its 3-year average PE ratio of 5.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Diversified REITs industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.5x.
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 | |
|---|---|---|---|---|---|
| UHOMREIT UH Real Estate Investment Trust | ₦76.15 | 10.0% +₦1.3b | 43.8% | PB0.5x |