Header cover image

Nigerian (NSE) Renewable Energy Industry Analysis

UpdatedApr 20, 2025
DataAggregated Company Financials
Companies1
  • 7D1.3%
  • 3M-11.6%
  • 1Y-25.9%
  • YTD-4.6%

Over the last 7 days, the Renewable Energy industry has dropped 8.8%, driven by pullbacks from every company within the industry. Overall the industry is down 37% in 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Apr 2025₦421.7b₦407.9b₦51.5b8.2x8.2x1x
Tue, 18 Mar 2025₦518.3b₦407.9b₦51.5b10.1x10.1x1.3x
Thu, 13 Feb 2025₦619.9b₦366.6b₦46.6b13.3x13.3x1.7x
Sat, 11 Jan 2025₦523.3b₦366.6b₦46.6b11.2x11.2x1.4x
Mon, 09 Dec 2024₦447.1b₦366.6b₦46.6b9.6x9.6x1.2x
Wed, 06 Nov 2024₦457.3b₦366.6b₦46.6b9.8x9.8x1.2x
Fri, 04 Oct 2024₦449.2b₦290.3b₦38.4b11.7x11.7x1.5x
Sun, 01 Sep 2024₦479.6b₦290.3b₦38.4b12.5x12.5x1.7x
Tue, 30 Jul 2024₦441.0b₦290.3b₦38.4b12.4x11.5x1.5x
Thu, 27 Jun 2024₦508.1b₦250.1b₦46.7b10.9x10.9x2x
Sat, 25 May 2024₦447.1b₦250.1b₦46.7b9.1x9.6x1.8x
Mon, 22 Apr 2024₦569.1b₦194.0b₦22.9b24.8x24.8x2.9x
Wed, 20 Mar 2024₦593.5b₦194.0b₦22.9b25.9x25.9x3.1x
Fri, 16 Feb 2024₦500.0b₦194.0b₦22.9b21.8x21.8x2.6x
Sun, 14 Jan 2024₦563.0b₦166.5b₦13.7b41.2x41.2x3.4x
Tue, 12 Dec 2023₦273.6b₦166.5b₦13.7b20x20x1.6x
Thu, 09 Nov 2023₦252.0b₦166.5b₦13.7b18.4x18.4x1.5x
Sat, 07 Oct 2023₦246.3b₦154.0b₦13.0b18.9x19x1.6x
Mon, 04 Sep 2023₦271.1b₦154.0b₦13.0b20.9x20.9x1.8x
Wed, 02 Aug 2023₦143.5b₦154.0b₦13.0b10.9x11x0.9x
Fri, 30 Jun 2023₦140.6b₦135.7b₦6.7b20.9x20.9x1x
Sun, 28 May 2023₦124.8b₦135.7b₦6.7b18.5x18.5x0.9x
Tue, 25 Apr 2023₦99.6b₦135.7b₦6.7b14.8x14.8x0.7x
Thu, 23 Mar 2023₦52.8b₦121.9b₦15.7b3.4x3.4x0.4x
Sat, 18 Feb 2023₦49.6b₦121.9b₦15.7b3.1x3.2x0.4x
Mon, 16 Jan 2023₦49.6b₦121.9b₦15.7b3.2x3.2x0.4x
Wed, 14 Dec 2022₦45.9b₦121.9b₦15.7b2.9x2.9x0.4x
Fri, 11 Nov 2022₦43.1b₦121.9b₦15.7b2.7x2.7x0.4x
Sun, 09 Oct 2022₦42.7b₦120.8b₦16.6b2.6x2.6x0.4x
Tue, 06 Sep 2022₦44.3b₦120.8b₦16.6b2.7x2.7x0.4x
Thu, 04 Aug 2022₦47.6b₦106.5b₦7.7b6.2x6.2x0.4x
Sat, 02 Jul 2022₦50.4b₦106.5b₦7.7b6.6x6.6x0.5x
Mon, 30 May 2022₦52.8b₦111.2b₦14.0b3.8x3.8x0.5x
Wed, 27 Apr 2022₦47.6b₦111.2b₦14.0b3.4x3.4x0.4x
Price to Earnings Ratio

3.4x


Total Market Cap: ₦47.6bTotal Earnings: ₦14.0bTotal Revenue: ₦111.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Renewable Energy Industry Price to Earnings3Y Average 12x202320242025
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 83% per year over the last three years.
  • Revenues for these companies have grown 51% 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-0.50%
Utilities0.093%
Renewable Energy1.34%
Independent Power Producers and Energy Traders1.34%
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 11.6x.
    • 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 11.6x.
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₦41.501.3%
+₦5.6b
-25.9%PE8.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News