Narrative Update • Jul 23
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- 7D1.9%
- 3M-21.3%
- 1Y-24.7%
- YTD-23.7%
Over the last 7 days, the Renewable Energy industry has dropped 11%, driven by declines from every company within the industry. The industry has fallen 28% in the last year.
Industry Valuation and Performance
Has the Nigerian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 19 Sep 2026 | ₦352.1b | ₦506.6b | ₦77.2b | 4.6x | 4.6x | 0.7x |
| Mon, 17 Aug 2026 | ₦376.0b | ₦506.6b | ₦77.2b | 4.9x | 4.9x | 0.7x |
| Wed, 15 Jul 2026 | ₦411.6b | ₦525.6b | ₦88.2b | 4.7x | 4.7x | 0.8x |
| Fri, 12 Jun 2026 | ₦457.3b | ₦525.6b | ₦88.2b | 5.2x | 5.2x | 0.9x |
| Sun, 10 May 2026 | ₦437.0b | ₦525.6b | ₦88.2b | 5x | 5x | 0.8x |
| Tue, 07 Apr 2026 | ₦508.1b | ₦544.1b | ₦85.8b | 5.9x | 5.9x | 0.9x |
| Thu, 05 Mar 2026 | ₦528.4b | ₦544.1b | ₦85.8b | 6.1x | 6.2x | 1x |
| Sat, 31 Jan 2026 | ₦471.5b | ₦523.7b | ₦60.9b | 7.7x | 7.7x | 0.9x |
| Mon, 29 Dec 2025 | ₦416.6b | ₦523.7b | ₦60.9b | 6.8x | 6.8x | 0.8x |
| Wed, 26 Nov 2025 | ₦407.0b | ₦523.7b | ₦60.9b | 6.7x | 6.7x | 0.8x |
| Fri, 24 Oct 2025 | ₦489.3b | ₦512.2b | ₦60.0b | 8.2x | 8.2x | 1x |
| Sun, 21 Sep 2025 | ₦467.5b | ₦512.2b | ₦60.0b | 7.8x | 7.8x | 0.9x |
| Tue, 19 Aug 2025 | ₦506.6b | ₦512.2b | ₦60.0b | 8.4x | 8.4x | 1x |
| Thu, 17 Jul 2025 | ₦515.7b | ₦463.1b | ₦46.2b | 11.2x | 11.2x | 1.1x |
| Sat, 14 Jun 2025 | ₦468.0b | ₦463.1b | ₦46.2b | 10.1x | 10.1x | 1x |
| Mon, 12 May 2025 | ₦426.8b | ₦463.1b | ₦46.2b | 9.2x | 9.2x | 0.9x |
| Wed, 09 Apr 2025 | ₦407.5b | ₦407.9b | ₦51.5b | 7.9x | 7.9x | 1x |
| Fri, 07 Mar 2025 | ₦526.4b | ₦366.6b | ₦46.6b | 11.3x | 11.3x | 1.4x |
| Sun, 02 Feb 2025 | ₦538.6b | ₦366.6b | ₦46.6b | 11.6x | 11.6x | 1.5x |
| Tue, 31 Dec 2024 | ₦440.0b | ₦366.6b | ₦46.6b | 9.4x | 9.4x | 1.2x |
| Thu, 28 Nov 2024 | ₦442.0b | ₦366.6b | ₦46.6b | 9.5x | 9.5x | 1.2x |
| Sat, 26 Oct 2024 | ₦449.2b | ₦290.3b | ₦38.4b | 11.7x | 11.7x | 1.5x |
| Mon, 23 Sep 2024 | ₦439.0b | ₦290.3b | ₦38.4b | 11.4x | 11.4x | 1.5x |
| Wed, 21 Aug 2024 | ₦439.0b | ₦290.3b | ₦38.4b | 11.4x | 11.4x | 1.5x |
| Fri, 19 Jul 2024 | ₦485.7b | ₦250.1b | ₦46.7b | 10.4x | 10.4x | 1.9x |
| Sun, 16 Jun 2024 | ₦445.1b | ₦250.1b | ₦46.7b | 9.5x | 9.5x | 1.8x |
| Tue, 14 May 2024 | ₦489.8b | ₦250.1b | ₦46.7b | 10.5x | 10.5x | 2x |
| Thu, 11 Apr 2024 | ₦552.8b | ₦194.0b | ₦22.9b | 24.1x | 24.1x | 2.8x |
| Sat, 09 Mar 2024 | ₦691.0b | ₦194.0b | ₦22.9b | 30.1x | 30.1x | 3.6x |
| Mon, 05 Feb 2024 | ₦626.0b | ₦194.0b | ₦22.9b | 27.3x | 27.3x | 3.2x |
| Wed, 03 Jan 2024 | ₦387.0b | ₦166.5b | ₦13.7b | 28.3x | 28.3x | 2.3x |
| Fri, 01 Dec 2023 | ₦283.7b | ₦166.5b | ₦13.7b | 20.8x | 20.8x | 1.7x |
| Sun, 29 Oct 2023 | ₦252.8b | ₦38.6b | -₦1,111,015,400.00 | n/a | -227.6x | 6.5x |
| Tue, 26 Sep 2023 | ₦250.4b | ₦154.0b | ₦13.0b | 19.3x | 19.3x | 1.6x |
Price to Earnings Ratio
19.3x
Current Industry PE
- There is only one company in the Nigerian Renewable Energy 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 Renewable Energy industry have grown 81% per year over the last three years.
- Revenues for these companies have grown 49% 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 industry?
| NG Market | 3.53% | |
| Utilities | -7.53% | |
| Renewable Energy | 1.91% | |
| Independent Power Producers and Energy Traders | 1.91% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 11.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 11.7x.
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 | |
|---|---|---|---|---|---|
| TRANSCORP Transnational | ₦34.65 | 1.9% +₦6.6b | -24.7% | PE4.6x |