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Updated 1d ago
NSLTECH logo

Secure Electronic Technology PlcNGSE:NSLTECH Stock Report

Market Cap ₦4.1b
Updated 1d ago
Share Price
n/a
1Y-12.2%
7D2.9%
1D2.9%
Portfolio Value
​
View

Secure Electronic Technology Plc

NGSE:NSLTECH Stock Report

Market Cap: ₦4.1b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Secure Electronic Technology (NSLTECH) Stock Overview

Engages in the lottery business in Nigeria. More details

NSLTECH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Risk Analysis

Earnings have declined by 20.7% per year over past 5 years

Does not have a meaningful market cap (NGN4B)

Volatile share price over the past 3 months compared to the NG market

Does not have meaningful revenue (NGN4B)


NSLTECH Community Fair Values

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Current Price
₦0.72132.3% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-255m8b2016201920222025202620282031Revenue ₦4.3bEarnings ₦331.4m
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Secure Electronic Technology Plc Competitors

Tantalizers

Symbol: NGSE:TANTALIZER
Market cap: ₦19.4b

Agility Capital Holding

Symbol: ENXTAM:AGIL
Market cap: US$1.8m

Kings Entertainment Group

Symbol: CNSX:JKPT
Market cap: CA$3.4m

China Ecotourism Group

Symbol: SEHK:1371
Market cap: HK$17.4m

Price History & Performance

Summary of share price highs, lows and changes for Secure Electronic Technology
Historical stock prices
Current Share Price₦0.72
52 Week High₦2.19
52 Week Low₦0.59
Beta1.39
1 Month Change-11.11%
3 Month Change-10.00%
1 Year Change-12.20%
3 Year Change166.67%
5 Year Change260.00%
Change since IPO-78.44%

Recent News & Updates

User avatar
Narrative Update • Apr 21

Nsltech (Secure Electronic Technology Plc) – FY 2025 Financial Review

Analyst: Qudus Adebara (Research Analyst) Executive Summary Secure Electronic Technology Plc reported losses for FY 2025 , reflecting ongoing operational challenges and lower profitability compared to prior periods. Gross income decreased slightly to ₦4.26 billion , down from ₦4.35 billion in FY 2024 (-2.0%).

Recent updates

User avatar
Narrative Update • Apr 21

Nsltech (Secure Electronic Technology Plc) – FY 2025 Financial Review

Analyst: Qudus Adebara (Research Analyst) Executive Summary Secure Electronic Technology Plc reported losses for FY 2025 , reflecting ongoing operational challenges and lower profitability compared to prior periods. Gross income decreased slightly to ₦4.26 billion , down from ₦4.35 billion in FY 2024 (-2.0%).

Shareholder Returns

NSLTECHNG HospitalityNG Market
7D2.9%-6.6%-0.9%
1Y-12.2%34.1%57.7%

Return vs Industry: NSLTECH underperformed the NG Hospitality industry which returned 33.6% over the past year.

Return vs Market: NSLTECH underperformed the NG Market which returned 56.7% over the past year.

Price Volatility

Is NSLTECH's price volatile compared to industry and market?
NSLTECH volatility
NSLTECH Average Weekly Movement8.5%
Hospitality Industry Average Movement4.4%
Market Average Movement6.7%
10% most volatile stocks in NG Market10.1%
10% least volatile stocks in NG Market3.4%

Stable Share Price: NSLTECH's share price has been volatile over the past 3 months compared to the NG market.

Volatility Over Time: NSLTECH's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
200070Oyeyemi Olusojiwww.setplc.com

Secure Electronic Technology Plc engages in the lottery business in Nigeria. The company offers lottery and gaming products. The company was formerly known as National Sports Lottery Plc and changed its name to Secure Electronic Technology Plc in December 2011.

Secure Electronic Technology Plc Fundamentals Summary

How do Secure Electronic Technology's earnings and revenue compare to its market cap?
NSLTECH fundamental statistics
Market cap₦4.05b
Earnings (TTM)-₦124.10m
Revenue (TTM)₦4.17b
1.0x
P/S Ratio
-32.7x
P/E Ratio

Is NSLTECH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NSLTECH income statement (TTM)
Revenue₦4.17b
Cost of Revenue₦4.04b
Gross Profit₦136.49m
Other Expenses₦260.59m
Earnings-₦124.10m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin3.27%
Net Profit Margin-2.97%
Debt/Equity Ratio8.7%

How did NSLTECH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/15 01:21
End of Day Share Price 2026/09/15 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Secure Electronic Technology Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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