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The Nigerian Exchange Group Plc

NGSE:NGXGROUP Stock Report

Market Cap: ₦112.4b

Nigerian Exchange Group (NGXGROUP) Stock Overview

Through its subsidiaries, operates as a stock exchange in Nigeria. More details

NGXGROUP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends3/6

Rewards

Earnings grew by 71.1% over the past year

Risk Analysis

Does not have a meaningful market cap (NGN112B)


NGXGROUP Community Fair Values

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NGXGROUP logo
Nigerian Exchange Group
WA
WaneInvestmentHouse
Community Contributor

NGX Group Reports Record-Breaking Profit Before Tax of N13.6 Billion for FY 2024

Nigerian Exchange Group Plc (NGX Group) has announced its audited financial results for the year ended December 31, 2024, achieving a remarkable 157.3% year-on-year growth in profit before tax (PBT) to N13.6 billion. Key Point: NGX Group's impressive financial performance was driven by robust revenue expansion, strategic cost optimization, and increased market participation, demonstrating the group's resilience and financial strength.
View narrative
₦31.77
FV
76.6% overvalued intrinsic discount
31.89%
Revenue growth p.a.
0users have liked this narrative
1users have commented on this narrative
8users have followed this narrative
4 months ago author updated this narrative
View Nigerian Exchange Group Community

The Nigerian Exchange Group Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nigerian Exchange Group
Historical stock prices
Current Share Price₦56.10
52 Week High₦51.00
52 Week Low₦20.30
Beta0.50
1 Month Change41.67%
3 Month Change57.36%
1 Year Change140.77%
3 Year Change153.85%
5 Year Changen/a
Change since IPO138.22%

Recent News & Updates

Recent updates

Shareholder Returns

NGXGROUPNG Capital MarketsNG Market
7D27.5%7.0%1.4%
1Y140.8%117.8%19.6%

Return vs Industry: NGXGROUP exceeded the NG Capital Markets industry which returned 117.8% over the past year.

Return vs Market: NGXGROUP exceeded the NG Market which returned 19.6% over the past year.

Price Volatility

Is NGXGROUP's price volatile compared to industry and market?
NGXGROUP volatility
NGXGROUP Average Weekly Movement7.3%
Capital Markets Industry Average Movement5.5%
Market Average Movement7.3%
10% most volatile stocks in NG Market10.9%
10% least volatile stocks in NG Market4.8%

Stable Share Price: NGXGROUP has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: NGXGROUP's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196096Temi Popoolangxgroup.com

The Nigerian Exchange Group Plc, through its subsidiaries, operates as a stock exchange in Nigeria. The company operates in three segments: Capital Market & Post trade Services, Strategic Investment, and Property Management. It is involved in the regulation of various stock broking firms in Nigeria, as well as provides them with the facilities for the purchase and sale of bonds, stocks, and shares; and clearing and settlement of trades on the stock exchange.

The Nigerian Exchange Group Plc Fundamentals Summary

How do Nigerian Exchange Group's earnings and revenue compare to its market cap?
NGXGROUP fundamental statistics
Market cap₦112.44b
Earnings (TTM)₦10.70b
Revenue (TTM)₦19.21b
11.6x
P/E Ratio
6.4x
P/S Ratio

Is NGXGROUP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NGXGROUP income statement (TTM)
Revenue₦19.21b
Cost of Revenue₦8.92b
Gross Profit₦10.29b
Other Expenses-₦408.97m
Earnings₦10.70b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)4.85
Gross Margin53.56%
Net Profit Margin55.69%
Debt/Equity Ratio8.7%

How did NGXGROUP perform over the long term?

See historical performance and comparison

Dividends

3.6%
Current Dividend Yield
41%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 15:43
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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

The Nigerian Exchange Group 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.