Header cover image

Nigerian (NSE) Software Industry Analysis

UpdatedJun 20, 2026
DataAggregated Company Financials
Companies1
  • 7D-1.0%
  • 3M-0.2%
  • 1Y85.6%
  • YTD0.3%

The Software industry has stayed flat over the last week. As for the the longer term, the industry is up 90% over the past 12 months.

Industry Valuation and Performance

Has the Nigerian Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Jun 2026₦35.1b₦18.0b₦759.7m47.5x46.2x2x
Mon, 18 May 2026₦36.0b₦18.0b₦759.7m47.4x47.4x2x
Wed, 15 Apr 2026₦32.7b₦17.7b₦520.6m62.7x62.7x1.9x
Fri, 13 Mar 2026₦34.7b₦17.5b₦565.2m61.3x61.3x2x
Sun, 08 Feb 2026₦41.3b₦17.5b₦565.2m73.1x73.1x2.4x
Tue, 06 Jan 2026₦36.0b₦15.2b-₦57,466,000.00n/a-626.5x2.4x
Thu, 04 Dec 2025₦19.4b₦15.2b-₦57,466,000.00n/a-336.8x1.3x
Sat, 01 Nov 2025₦16.5b₦15.2b-₦2,501,000.00n/a-6590.6x1.1x
Mon, 29 Sep 2025₦16.0b₦16.4b-₦98,151,000.00n/a-162.7x1x
Wed, 27 Aug 2025₦13.6b₦16.4b-₦98,151,000.00n/a-138.3x0.8x
Fri, 25 Jul 2025₦13.7b₦15.2b₦380.8m35.9x35.9x0.9x
Sun, 22 Jun 2025₦10.1b₦14.9b₦1.1b9.6x9.6x0.7x
Tue, 20 May 2025₦10.9b₦14.9b₦1.1b10.3x10.3x0.7x
Thu, 17 Apr 2025₦9.4b₦14.5b₦1.1b8.7x8.7x0.6x
Sat, 15 Mar 2025₦10.1b₦14.5b₦1.1b9.3x9.3x0.7x
Mon, 10 Feb 2025₦10.6b₦14.5b₦1.1b9.8x9.8x0.7x
Wed, 08 Jan 2025₦10.0b₦15.3b₦762.1m13.2x13.2x0.7x
Fri, 06 Dec 2024₦9.4b₦15.3b₦762.1m12.3x12.3x0.6x
Sun, 03 Nov 2024₦9.8b₦12.5b-₦363,073,000.00n/a-26.9x0.8x
Tue, 01 Oct 2024₦10.0b₦12.5b-₦363,073,000.00n/a-27.7x0.8x
Thu, 29 Aug 2024₦10.9b₦12.5b-₦363,073,000.00n/a-30x0.9x
Sat, 27 Jul 2024₦10.0b₦10.5b-₦33,102,000.00n/a-300.8x0.9x
Mon, 24 Jun 2024₦11.0b₦10.5b-₦33,102,000.00n/a-332x1x
Wed, 22 May 2024₦7.0b₦10.5b-₦33,102,000.00n/a-212.8x0.7x
Fri, 19 Apr 2024₦7.9b₦9.6b₦77.7m102.2x102.2x0.8x
Sun, 17 Mar 2024₦10.4b₦9.5b₦79.8m130x130x1.1x
Tue, 13 Feb 2024₦12.9b₦9.5b₦79.8m161.8x161.8x1.4x
Thu, 11 Jan 2024₦12.3b₦10.8b-₦87,990,320.0033587.7x-139.5x1.1x
Sat, 09 Dec 2023₦10.9b₦10.8b-₦87,990,320.0029078.3x-124x1x
Mon, 06 Nov 2023₦11.6b₦9.9b-₦298,546,337.00n/a-38.9x1.2x
Wed, 04 Oct 2023₦8.0b₦9.9b-₦298,546,337.00n/a-26.7x0.8x
Fri, 01 Sep 2023₦6.8b₦9.9b-₦298,546,337.00n/a-22.8x0.7x
Sun, 30 Jul 2023₦7.0b₦10.0b-₦179,945,219.00n/a-38.9x0.7x
Tue, 27 Jun 2023₦5.0b₦8.4b-₦170,970,219.00n/a-29.5x0.6x
Price to Earnings Ratio

-29.5x


Total Market Cap: ₦5.0bTotal Earnings: -₦170,970,219.00Total Revenue: ₦8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Software Industry Price to Earnings3Y Average -10.9x202420252026
Current Industry PE
    There is only one company in the Nigerian Software 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 Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 29% 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 Tech industry?

NG Market-4.08%
Tech-2.33%
Software-0.99%
Application Software0%0
Systems Software-0.99%
Industry PE
  • Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 3kx.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Systems Software industry, which is trading below its 3-year average of 3kx.
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

Latest News