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Nigerian (NSE) Renewable Energy Industry Analysis

UpdatedMay 22, 2026
DataAggregated Company Financials
Companies1
  • 7D13.3%
  • 3M-7.2%
  • 1Y14.0%
  • YTD7.9%

In the last week, the Renewable Energy industry is up 4.7%, with all of the companies up. Overall in the last year, the industry is flat.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 May 2026₦497.9b₦525.6b₦88.2b5.6x5.6x0.9x
Sun, 19 Apr 2026₦489.8b₦544.1b₦85.8b5.7x5.7x0.9x
Tue, 17 Mar 2026₦487.8b₦544.1b₦85.8b5.7x5.7x0.9x
Thu, 12 Feb 2026₦515.2b₦523.7b₦60.9b8.5x8.5x1x
Sat, 10 Jan 2026₦462.4b₦523.7b₦60.9b7.6x7.6x0.9x
Mon, 08 Dec 2025₦426.8b₦523.7b₦60.9b7x7x0.8x
Wed, 05 Nov 2025₦508.1b₦523.7b₦60.9b8.3x8.3x1x
Fri, 03 Oct 2025₦507.1b₦512.2b₦60.0b8.5x8.5x1x
Sun, 31 Aug 2025₦477.6b₦512.2b₦60.0b8x8x0.9x
Tue, 29 Jul 2025₦503.0b₦463.1b₦46.2b10.9x10.9x1.1x
Thu, 26 Jun 2025₦488.3b₦463.1b₦46.2b10.6x10.6x1.1x
Sat, 24 May 2025₦432.4b₦463.1b₦46.2b9.4x9.4x0.9x
Mon, 21 Apr 2025₦421.7b₦407.9b₦51.5b8.2x8.2x1x
Wed, 19 Mar 2025₦518.3b₦407.9b₦51.5b10.1x10.1x1.3x
Fri, 14 Feb 2025₦619.9b₦366.6b₦46.6b13.3x13.3x1.7x
Sun, 12 Jan 2025₦523.3b₦366.6b₦46.6b11.2x11.2x1.4x
Tue, 10 Dec 2024₦443.6b₦366.6b₦46.6b9.5x9.5x1.2x
Thu, 07 Nov 2024₦442.0b₦366.6b₦46.6b9.5x9.5x1.2x
Sat, 05 Oct 2024₦455.3b₦290.3b₦38.4b11.8x11.8x1.6x
Mon, 02 Sep 2024₦479.6b₦290.3b₦38.4b12.5x12.5x1.7x
Wed, 31 Jul 2024₦471.5b₦290.3b₦38.4b12.3x12.3x1.6x
Fri, 28 Jun 2024₦508.1b₦250.1b₦46.7b10.9x10.9x2x
Sun, 26 May 2024₦426.8b₦250.1b₦46.7b9.1x9.1x1.7x
Tue, 23 Apr 2024₦569.1b₦194.0b₦22.9b24.8x24.8x2.9x
Thu, 21 Mar 2024₦550.8b₦194.0b₦22.9b24x24x2.8x
Sat, 17 Feb 2024₦536.6b₦194.0b₦22.9b23.4x23.4x2.8x
Mon, 15 Jan 2024₦563.0b₦166.5b₦13.7b41.2x41.2x3.4x
Wed, 13 Dec 2023₦273.2b₦166.5b₦13.7b20x20x1.6x
Fri, 10 Nov 2023₦252.4b₦166.5b₦13.7b18.5x18.5x1.5x
Sun, 08 Oct 2023₦245.1b₦154.0b₦13.0b18.9x18.9x1.6x
Tue, 05 Sep 2023₦286.6b₦154.0b₦13.0b22.1x22.1x1.9x
Thu, 03 Aug 2023₦154.5b₦154.0b₦13.0b11.3x11.9x1x
Sat, 01 Jul 2023₦140.6b₦135.7b₦6.7b21.2x20.9x1x
Mon, 29 May 2023₦124.8b₦135.7b₦6.7b18.5x18.5x0.9x
Price to Earnings Ratio

18.5x


Total Market Cap: ₦124.8bTotal Earnings: ₦6.7bTotal Revenue: ₦135.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Renewable Energy Industry Price to Earnings3Y Average 13.2x202420252026
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 136% per year over the last three years.
  • Revenues for these companies have grown 57% 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-1.39%
Utilities1.10%
Renewable Energy13.29%
Independent Power Producers and Energy Traders13.29%
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 13.2x.
    • 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 13.2x.
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₦47.756.1%
+₦27.9b		12.2%PE5.5x

Latest News

TRANSCORP
₦47.75
Transnational
7D
6.1%
1Y
12.2%