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Nigerian (NSE) Utilities Sector Analysis

UpdatedSep 07, 2025
DataAggregated Company Financials
Companies3
  • 7D0.5%
  • 3M-4.6%
  • 1Y0.6%
  • YTD-8.5%

Last week, the Utilities industry hasn't moved much but Transnational Corporation of Nigeria is up 5.7% in that time. In line with that, the industry has also been flat over the past 12 months.

Sector Valuation and Performance

Has the Nigerian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Sep 2025₦5.5t₦1.0t₦174.9b24.6x31.5x5.3x
Tue, 05 Aug 2025₦5.5t₦1.0t₦174.9b24.7x31.6x5.3x
Thu, 03 Jul 2025₦5.7t₦925.1b₦162.1b25.9x35.5x6.2x
Sat, 31 May 2025₦5.8t₦925.1b₦162.1b26.6x35.5x6.2x
Mon, 28 Apr 2025₦6.0t₦869.9b₦167.4b29.6x36x6.9x
Wed, 26 Mar 2025₦6.0t₦851.0b₦159.0b34.2x38x7.1x
Fri, 21 Feb 2025₦6.2t₦809.7b₦154.1b34.2x40.3x7.7x
Sun, 19 Jan 2025₦5.8t₦783.6b₦143.7b35.6x40.2x7.4x
Tue, 17 Dec 2024₦6.0t₦783.6b₦143.7b39.6x41.9x7.7x
Thu, 14 Nov 2024₦6.0t₦783.6b₦143.7b39.6x41.9x7.7x
Sat, 12 Oct 2024₦5.6t₦640.8b₦122.4b40.4x45.6x8.7x
Mon, 09 Sep 2024₦5.5t₦640.8b₦122.4b44.9x44.7x8.5x
Wed, 07 Aug 2024₦5.7t₦640.8b₦122.4b50.1x46.9x9x
Fri, 05 Jul 2024₦5.8t₦511.4b₦103.9b92.7x56x11.4x
Sun, 02 Jun 2024₦5.8t₦369.2b₦73.7b51.4x78.4x15.6x
Tue, 30 Apr 2024₦5.9t₦313.1b₦49.9b58.8x117.7x18.8x
Thu, 28 Mar 2024₦5.9t₦276.9b₦39.0b89.9x150.8x21.2x
Sat, 24 Feb 2024₦3.0t₦276.9b₦39.0b88.2x76.7x10.8x
Mon, 22 Jan 2024₦1.9t₦230.9b₦25.2b78.8x76.8x8.4x
Wed, 20 Dec 2023₦1.3t₦230.9b₦25.2b53.8x50.9x5.6x
Fri, 17 Nov 2023₦1.2t₦230.9b₦25.2b52x49.1x5.4x
Sun, 15 Oct 2023₦1.1t₦202.5b₦22.1b56.1x49.6x5.4x
Tue, 12 Sep 2023₦1.1t₦202.5b₦22.1b56x49.5x5.4x
Thu, 10 Aug 2023₦955.1b₦202.5b₦22.1b52.2x43.2x4.7x
Sat, 08 Jul 2023₦917.9b₦179.0b₦15.0b58.1x61.4x5.1x
Mon, 05 Jun 2023₦903.4b₦179.0b₦15.0b56.6x60.4x5x
Wed, 03 May 2023₦829.6b₦183.3b₦16.9b43.4x49.1x4.5x
Fri, 31 Mar 2023₦868.5b₦169.5b₦25.9b41.6x33.5x5.1x
Sun, 26 Feb 2023₦690.3b₦169.5b₦25.9b33x26.6x4.1x
Tue, 24 Jan 2023₦397.0b₦177.5b₦35.0b11.2x11.3x2.2x
Thu, 22 Dec 2022₦308.8b₦177.5b₦35.0b8.3x8.8x1.7x
Sat, 19 Nov 2022₦370.6b₦121.9b₦15.7b2.9x23.6x3x
Mon, 17 Oct 2022₦317.7b₦120.8b₦16.6b2.6x19.1x2.6x
Wed, 14 Sep 2022₦43.9b₦120.8b₦16.6b2.6x2.6x0.4x
Price to Earnings Ratio

2.6x


Total Market Cap: ₦43.9bTotal Earnings: ₦16.6bTotal Revenue: ₦120.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Utilities Sector Price to Earnings3Y Average 47.8x202320242025
Current Industry PE
    There are only 3 companies in the Nigerian Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 119% per year over the last three years.
  • Revenues for these companies have grown 104% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Nigerian Utilities sector?

NG Market-1.18%
Utilities0.50%
Renewable Energy5.74%
Electric Utilities0%0
Industry PE
  • Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 81.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 12.6x.
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
TRANSCORP Transnational Corporation of Nigeria₦49.705.7%
+₦27.4b		9.5%PE8.4x

Latest News

TRANSCORP
₦49.70
Transnational Corporation of Nigeria
7D
5.7%
1Y
9.5%