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Nigerian (NSE) Renewable Energy Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies1
  • 7D-8.0%
  • 3M14.5%
  • 1Y-3.8%
  • YTD9.3%

Over the last 7 days, the Renewable Energy industry has dropped 4.3%, driven by pullbacks from every company within the industry. Overall the industry is down 11% in 12 months.

Industry Valuation and Performance

Has the Nigerian Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Mar 2026₦504.0b₦544.1b₦85.8b5.9x5.9x0.9x
Fri, 06 Feb 2026₦475.6b₦523.7b₦60.9b7.8x7.8x0.9x
Sun, 04 Jan 2026₦461.4b₦523.7b₦60.9b7.6x7.6x0.9x
Tue, 02 Dec 2025₦426.8b₦523.7b₦60.9b7x7x0.8x
Thu, 30 Oct 2025₦488.3b₦523.7b₦60.9b8x8x0.9x
Sat, 27 Sep 2025₦468.0b₦512.2b₦60.0b7.8x7.8x0.9x
Mon, 25 Aug 2025₦488.3b₦512.2b₦60.0b8.1x8.1x1x
Wed, 23 Jul 2025₦497.9b₦463.1b₦46.2b10.8x10.8x1.1x
Fri, 20 Jun 2025₦473.5b₦463.1b₦46.2b10.3x10.3x1x
Sun, 18 May 2025₦452.2b₦463.1b₦46.2b9.8x9.8x1x
Tue, 15 Apr 2025₦416.1b₦407.9b₦51.5b8.1x8.1x1x
Thu, 13 Mar 2025₦518.3b₦407.9b₦51.5b10.1x10.1x1.3x
Sat, 08 Feb 2025₦548.7b₦366.6b₦46.6b11.8x11.8x1.5x
Mon, 06 Jan 2025₦442.0b₦366.6b₦46.6b9.5x9.5x1.2x
Wed, 04 Dec 2024₦444.1b₦366.6b₦46.6b9.5x9.5x1.2x
Fri, 01 Nov 2024₦466.4b₦366.6b₦46.6b10x10x1.3x
Sun, 29 Sep 2024₦459.3b₦290.3b₦38.4b11.9x11.9x1.6x
Tue, 27 Aug 2024₦479.6b₦290.3b₦38.4b12.5x12.5x1.7x
Thu, 25 Jul 2024₦485.7b₦250.1b₦46.7b10.4x10.4x1.9x
Sat, 22 Jun 2024₦487.8b₦250.1b₦46.7b10.4x10.4x2x
Mon, 20 May 2024₦485.7b₦250.1b₦46.7b10.4x10.4x1.9x
Wed, 17 Apr 2024₦569.1b₦194.0b₦22.9b24.8x24.8x2.9x
Fri, 15 Mar 2024₦666.6b₦194.0b₦22.9b29.1x29.1x3.4x
Sun, 11 Feb 2024₦548.3b₦194.0b₦22.9b23.9x23.9x2.8x
Tue, 09 Jan 2024₦565.0b₦166.5b₦13.7b41.3x41.3x3.4x
Thu, 07 Dec 2023₦278.8b₦166.5b₦13.7b20.4x20.4x1.7x
Sat, 04 Nov 2023₦253.2b₦166.5b₦13.7b18.4x18.5x1.5x
Mon, 02 Oct 2023₦243.5b₦154.0b₦13.0b18.7x18.7x1.6x
Wed, 30 Aug 2023₦259.3b₦154.0b₦13.0b21.9x20x1.7x
Fri, 28 Jul 2023₦142.3b₦135.7b₦6.7b21.1x21.1x1x
Sun, 25 Jun 2023₦130.5b₦135.7b₦6.7b19.4x19.4x1x
Tue, 23 May 2023₦107.3b₦135.7b₦6.7b15.9x15.9x0.8x
Thu, 20 Apr 2023₦82.5b₦135.7b₦6.7b13.5x12.2x0.6x
Sat, 18 Mar 2023₦52.4b₦121.9b₦15.7b3.3x3.3x0.4x
Price to Earnings Ratio

3.3x


Total Market Cap: ₦52.4bTotal Earnings: ₦15.7bTotal Revenue: ₦121.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Renewable Energy Industry Price to Earnings3Y Average 13.4x202420252026
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 76% per year over the last three years.
  • Revenues for these companies have grown 65% 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 Market0.79%
Utilities-0.77%
Renewable Energy-7.98%
Independent Power Producers and Energy Traders-7.98%
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 13.4x.
    • 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 13.4x.
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

TRANSCORP
₦48.75
Transnational
7D
-6.3%
1Y
-4.4%

TRANSCORP GROUP PLC – SUSTAINED REVENUE MOMENTUM AND PROFIT GROWTH ANCHOR STRONG Q3 2025 PERFORMANCE

Analyst: Qudus Adebara (Research Analyst) Executive Summary Transnational Corporation Plc (“Transcorp Group” or “the Company”) delivered a resilient and impressive financial performance for the nine months ended 30 September 2025 , underscoring its strategic agility, diversified operations, and strong execution capability. Revenue rose 39% year-on-year to ₦413.4 billion (Q3 2024: ₦297.7 billion), reflecting broad-based growth across the Group’s power and hospitality segments.