Header cover image

Nigerian (NSE) Media Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies4
  • 7D1.4%
  • 3M68.1%
  • 1Y163.8%
  • YTD61.4%

Over the last 7 days, the Media industry has dropped 4.5%, driven by Daar Communications declining 14%. In contrast, Learn Africa has gained 13%. Over the past 12 months, the industry was up 145%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026₦27.7b₦15.3b₦433.4m9.8x64x1.8x
Fri, 20 Feb 2026₦33.3b₦16.0b₦693.0m9.9x48.1x2.1x
Sun, 18 Jan 2026₦17.9b₦15.9b₦648.4m8.1x27.6x1.1x
Tue, 16 Dec 2025₦16.7b₦15.9b₦648.4m8.1x25.8x1.1x
Thu, 13 Nov 2025₦15.3b₦15.9b₦710.0m6.9x21.6x1x
Sat, 11 Oct 2025₦17.5b₦14.3b-₦766,935,000.0011.3x-22.8x1.2x
Mon, 08 Sep 2025₦16.2b₦14.3b-₦766,935,000.0011.8x-21.1x1.1x
Wed, 06 Aug 2025₦14.6b₦14.3b-₦766,935,000.009.3x-19.1x1x
Fri, 04 Jul 2025₦13.4b₦14.1b-₦1,035,376,000.008.1x-12.9x1x
Sun, 01 Jun 2025₦12.6b₦14.1b-₦1,035,376,000.007x-12.1x0.9x
Tue, 29 Apr 2025₦10.7b₦14.2b-₦1,980,966,000.0013x-5.4x0.8x
Thu, 27 Mar 2025₦10.2b₦13.9b-₦2,510,056,000.0013x-4.1x0.7x
Sat, 22 Feb 2025₦12.1b₦13.9b-₦2,510,056,000.0015.9x-4.8x0.9x
Mon, 20 Jan 2025₦13.5b₦11.3b-₦2,805,178,000.0012.1x-4.8x1.2x
Wed, 18 Dec 2024₦9.7b₦11.3b-₦2,805,178,000.009x-3.5x0.9x
Fri, 15 Nov 2024₦10.6b₦11.3b-₦2,809,025,000.009.5x-3.8x0.9x
Sun, 13 Oct 2024₦9.5b₦10.3b-₦3,058,638,000.00n/a-3.1x0.9x
Tue, 10 Sep 2024₦11.5b₦10.3b-₦3,058,638,000.00n/a-3.8x1.1x
Thu, 08 Aug 2024₦8.5b₦10.3b-₦3,058,638,000.00n/a-2.8x0.8x
Sat, 06 Jul 2024₦8.4b₦10.8b-₦2,344,982,000.00220.5x-3.6x0.8x
Mon, 03 Jun 2024₦8.6b₦10.7b-₦1,619,123,000.006.4x-5.3x0.8x
Wed, 01 May 2024₦9.0b₦11.2b-₦302,669,000.005.8x-29.9x0.8x
Fri, 29 Mar 2024₦9.0b₦11.2b-₦302,669,000.006x-29.6x0.8x
Sun, 25 Feb 2024₦10.2b₦11.2b-₦302,669,000.006.4x-33.5x0.9x
Tue, 23 Jan 2024₦11.2b₦10.8b-₦351,700,000.007.3x-31.9x1x
Thu, 21 Dec 2023₦8.0b₦10.8b-₦351,700,000.005.4x-22.8x0.7x
Sat, 18 Nov 2023₦5.3b₦10.9b-₦255,333,000.005.2x-20.6x0.5x
Mon, 16 Oct 2023₦5.1b₦10.9b-₦10,454,000.004.3x-486.9x0.5x
Wed, 13 Sep 2023₦5.7b₦10.9b-₦10,454,000.004.3x-544.7x0.5x
Fri, 11 Aug 2023₦6.7b₦11.1b₦210.8m5x31.7x0.6x
Sun, 09 Jul 2023₦5.7b₦10.6b-₦52,214,000.007.3x-109x0.5x
Tue, 06 Jun 2023₦4.5b₦10.4b-₦1,237,167,000.005.8x-3.6x0.4x
Thu, 04 May 2023₦4.1b₦10.4b-₦1,237,167,000.004.8x-3.3x0.4x
Sat, 01 Apr 2023₦4.2b₦11.4b-₦1,051,385,000.003.9x-4x0.4x
Price to Earnings Ratio

-4x


Total Market Cap: ₦4.2bTotal Earnings: -₦1,051,385,000.00Total Revenue: ₦11.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Media Industry Price to Earnings3Y Average -39.9x202420252026
Current Industry PE
  • Investors are optimistic on the Nigerian Media industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 61.1x which is higher than its 3-year average PE of -40.2x.
  • The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Media industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 10% 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 Telecom industry?

NG Market-1.96%
Telecom-7.72%
Media1.43%
Publishing3.80%
Advertising0%0
Broadcasting0%0
Industry PE
  • Investors are most optimistic about the Publishing industry, which is trading close to its 3-year average PE ratio of 9.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
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
LEARNAFRCA Learn Africa₦9.303.9%
+₦303.8m
207.9%PE10.2x
UPL University Press₦6.003.4%
+₦86.3m
38.9%PE9.3x

Latest News