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Nigerian (NSE) IT Consulting Industry Analysis

UpdatedJun 11, 2026
DataAggregated Company Financials
Companies2
  • 7D-1.1%
  • 3M-10.1%
  • 1Y182.9%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 6.5%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 207%.

Industry Valuation and Performance

Has the Nigerian IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Jun 2026₦69.2b₦72.9b₦5.2b50.1x13.3x0.9x
Sun, 10 May 2026₦75.3b₦68.6b₦5.2b60.1x14.6x1.1x
Tue, 07 Apr 2026₦77.0b₦68.6b₦5.2b60.4x14.9x1.1x
Thu, 05 Mar 2026₦79.3b₦68.7b₦5.8b59.9x13.7x1.2x
Sat, 31 Jan 2026₦79.6b₦63.6b₦5.7b60.3x13.9x1.3x
Mon, 29 Dec 2025₦54.4b₦62.8b₦6.2b9.7x8.7x0.9x
Wed, 26 Nov 2025₦47.8b₦62.8b₦6.2b7.3x7.7x0.8x
Fri, 24 Oct 2025₦47.7b₦61.3b₦4.2b9.3x11.3x0.8x
Sun, 21 Sep 2025₦44.6b₦61.3b₦4.2b8.7x10.6x0.7x
Tue, 19 Aug 2025₦42.5b₦61.3b₦4.2b8.4x10.1x0.7x
Thu, 17 Jul 2025₦41.3b₦55.4b₦2.6b9.7x15.9x0.7x
Sat, 14 Jun 2025₦24.5b₦55.4b₦2.6b5.7x9.4x0.4x
Mon, 12 May 2025₦25.8b₦48.5b₦1.4b8.2x18x0.5x
Wed, 09 Apr 2025₦19.3b₦42.2b₦149.4m8x129.5x0.5x
Fri, 07 Mar 2025₦21.9b₦42.2b₦123.2m9.1x177.5x0.5x
Sun, 02 Feb 2025₦20.0b₦42.2b₦123.2m8.3x162.1x0.5x
Tue, 31 Dec 2024₦20.0b₦43.0b₦322.3m8.4x62x0.5x
Thu, 28 Nov 2024₦15.2b₦43.0b₦322.3m6.3x47x0.4x
Sat, 26 Oct 2024₦16.2b₦38.7b₦1.2b8.3x13.9x0.4x
Mon, 23 Sep 2024₦15.2b₦38.7b₦1.2b7.8x13.1x0.4x
Wed, 21 Aug 2024₦14.6b₦35.4b₦1.0b8x14.1x0.4x
Fri, 19 Jul 2024₦17.9b₦29.8b-₦573,537,000.0024.4x-31.2x0.6x
Sun, 16 Jun 2024₦13.8b₦26.5b-₦710,570,000.0023.2x-19.5x0.5x
Tue, 14 May 2024₦15.6b₦26.5b-₦710,570,000.0026.3x-22x0.6x
Thu, 11 Apr 2024₦18.5b₦26.3b-₦1,283,469,000.0030.3x-14.4x0.7x
Sat, 09 Mar 2024₦16.5b₦26.3b-₦1,283,469,000.0026.9x-12.9x0.6x
Mon, 05 Feb 2024₦17.3b₦26.3b-₦1,283,469,000.0028.4x-13.5x0.7x
Wed, 03 Jan 2024₦22.1b₦26.3b-₦1,064,665,000.0037.5x-20.8x0.8x
Fri, 01 Dec 2023₦19.6b₦26.3b-₦1,064,665,000.0033.1x-18.4x0.7x
Sun, 29 Oct 2023₦21.7b₦22.2b-₦1,158,681,000.0043.9x-18.7x1x
Tue, 26 Sep 2023₦18.6b₦22.5b-₦1,950,827,000.0037.5x-9.5x0.8x
Thu, 24 Aug 2023₦11.2b₦22.5b-₦1,950,827,000.0023.4x-5.8x0.5x
Sat, 22 Jul 2023₦7.9b₦19.6b-₦373,833,000.0014.4x-21.1x0.4x
Mon, 19 Jun 2023₦4.4b₦19.6b-₦373,833,000.007.8x-11.8x0.2x
Price to Earnings Ratio

-11.8x


Total Market Cap: ₦4.4bTotal Earnings: -₦373,833,000.00Total Revenue: ₦19.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian IT Consulting Industry Price to Earnings3Y Average 10.2x202420252026
Current Industry PE
    There are only 2 companies in the Nigerian IT Consulting and Other Services 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 IT Consulting and Other Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 55% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Nigerian IT Consulting compare with similar industries?

NG Market-0.19%
Tech-0.97%
IT-1.08%
IT Consulting-1.08%
Data Processing Services0%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?

CompanyLast Price7D1YValuation
CWG CWG₦21.500.5%
+₦252.5m		127.5%PE10.8x

Latest News

CWG
₦21.50
CWG
7D
0.5%
1Y
127.5%
Narrative Update • Jun 04

Q1 2026: Thesis Check-In

The first quarter of 2026 delivered a reality check on our original valuation assumptions. Revenue growth decelerated, margins compressed, and annualised earnings now point to ₦2.40 (previous est.