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Nigerian (NSE) Telecom Sector Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies5
- 7D10.1%
- 3M1.2%
- 1Y10.5%
- YTD-12.6%
Over the last 7 days, the Telecom industry has risen 10%, driven by gains from Daar Communications of 17%. This takes the industry's 12 month performance to a gain of 11%.
Sector Valuation and Performance
Has the Nigerian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ₦11.0b | ₦11.3b | -₦2,805,178,000.00 | 8.4x | -3.9x | 1x |
| Tue, 19 Nov 2024 | ₦10.6b | ₦11.3b | -₦2,809,025,000.00 | 8.9x | -3.8x | 0.9x |
| Thu, 17 Oct 2024 | ₦9.8b | ₦10.3b | -₦3,058,638,000.00 | n/a | -3.2x | 1x |
| Sat, 14 Sep 2024 | ₦10.2b | ₦10.3b | -₦3,058,638,000.00 | n/a | -3.3x | 1x |
| Mon, 12 Aug 2024 | ₦8.6b | ₦10.3b | -₦3,058,638,000.00 | n/a | -2.8x | 0.8x |
| Wed, 10 Jul 2024 | ₦9.1b | ₦10.8b | -₦2,344,982,000.00 | 220.5x | -3.9x | 0.8x |
| Fri, 07 Jun 2024 | ₦8.6b | ₦10.7b | -₦1,619,123,000.00 | 6.3x | -5.3x | 0.8x |
| Sun, 05 May 2024 | ₦9.0b | ₦11.3b | -₦381,009,000.00 | 5.9x | -23.7x | 0.8x |
| Tue, 02 Apr 2024 | ₦9.0b | ₦11.2b | -₦302,669,000.00 | 6x | -29.8x | 0.8x |
| Thu, 29 Feb 2024 | ₦4.7t | ₦2.3t | ₦239.0b | 7.5x | 19.6x | 2x |
| Sat, 27 Jan 2024 | ₦6.2t | ₦2.3t | ₦238.9b | 10.7x | 25.8x | 2.6x |
| Mon, 25 Dec 2023 | ₦5.3t | ₦2.3t | ₦238.9b | 5.5x | 22x | 2.2x |
| Wed, 22 Nov 2023 | ₦5.0t | ₦2.3t | ₦238.9b | 5.9x | 21x | 2.1x |
| Fri, 20 Oct 2023 | ₦5.2t | ₦2.2t | ₦308.2b | 4.8x | 17x | 2.4x |
| Sun, 17 Sep 2023 | ₦5.7t | ₦2.2t | ₦308.2b | 4.7x | 18.4x | 2.5x |
| Tue, 15 Aug 2023 | ₦5.7t | ₦2.2t | ₦308.4b | 4.9x | 18.5x | 2.6x |
| Thu, 13 Jul 2023 | ₦5.7t | ₦2.1t | ₦365.1b | 7.6x | 15.5x | 2.7x |
| Sat, 10 Jun 2023 | ₦5.1t | ₦2.1t | ₦364.0b | 7x | 14x | 2.4x |
| Mon, 08 May 2023 | ₦4.7t | ₦2.1t | ₦364.0b | 5.7x | 12.8x | 2.2x |
| Wed, 05 Apr 2023 | ₦4.9t | ₦2.0t | ₦360.5b | 5x | 13.5x | 2.4x |
| Fri, 03 Mar 2023 | ₦5.0t | ₦2.0t | ₦360.5b | 5x | 13.8x | 2.5x |
| Sun, 29 Jan 2023 | ₦4.6t | ₦1.9t | ₦347.7b | 4.8x | 13.2x | 2.4x |
| Tue, 27 Dec 2022 | ₦4.4t | ₦1.9t | ₦348.2b | 3.1x | 12.5x | 2.3x |
| Thu, 24 Nov 2022 | ₦4.1t | ₦1.9t | ₦348.2b | 3x | 11.7x | 2.1x |
| Sat, 22 Oct 2022 | ₦4.0t | ₦1.8t | ₦337.8b | 5.1x | 11.7x | 2.2x |
| Mon, 19 Sep 2022 | ₦4.1t | ₦1.8t | ₦338.2b | 5.7x | 12x | 2.2x |
| Wed, 17 Aug 2022 | ₦4.1t | ₦1.8t | ₦338.2b | 6.2x | 12.1x | 2.2x |
| Fri, 15 Jul 2022 | ₦4.7t | ₦1.8t | ₦321.5b | 4.8x | 14.6x | 2.7x |
| Sun, 12 Jun 2022 | ₦4.9t | ₦1.8t | ₦321.5b | 3.8x | 15.2x | 2.8x |
| Tue, 10 May 2022 | ₦5.1t | ₦1.8t | ₦321.5b | 4.1x | 15.8x | 2.9x |
| Thu, 07 Apr 2022 | ₦4.3t | ₦1.7t | ₦299.7b | 4.2x | 14.4x | 2.6x |
| Sat, 05 Mar 2022 | ₦4.2t | ₦1.7t | ₦297.8b | 4.8x | 14x | 2.5x |
| Mon, 31 Jan 2022 | ₦3.9t | ₦1.6t | ₦280.1b | 8.6x | 13.8x | 2.4x |
| Wed, 29 Dec 2021 | ₦3.7t | ₦1.6t | ₦280.1b | 8.2x | 13.3x | 2.3x |
Price to Earnings Ratio
13.3x
Current Industry PE
- Investors are pessimistic on the Nigerian Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 0.97x.
Past Earnings Growth
- Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 81% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Nigerian Telecom sector?
| NG Market | 2.47% | |
| Telecom | 10.12% | |
| Media | 10.19% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Telecom Services and Carriers | 0% | |
| Wireless Telecom | 0% | |
Industry PE
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 | |
|---|---|---|---|---|---|
| DAARCOMM Daar Communications | ₦0.62 | 17.0% +₦720.0m | -10.1% | PS1.2x | |
| LEARNAFRCA Learn Africa | ₦3.88 | 20.9% +₦581.5m | 50.5% | PS0.8x |