Nigerian Exchange Group Past Earnings Performance
Past criteria checks 5/6
Nigerian Exchange Group has been growing earnings at an average annual rate of 35.6%, while the Capital Markets industry saw earnings growing at 25.4% annually. Revenues have been growing at an average rate of 17.1% per year. Nigerian Exchange Group's return on equity is 19.5%, and it has net margins of 53.3%.
Key information
35.6%
Earnings growth rate
57.0%
EPS growth rate
| Capital Markets Industry Growth | -10.3% |
| Revenue growth rate | 17.1% |
| Return on equity | 19.5% |
| Net Margin | 53.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Nigerian Exchange Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 15,673 | 8,347 | 6,237 | 0 |
| 30 Jun 24 | 13,001 | 6,829 | 5,573 | 0 |
| 31 Mar 24 | 11,977 | 5,763 | 5,497 | 0 |
| 31 Dec 23 | 9,230 | 5,349 | 4,940 | 0 |
| 30 Sep 23 | 7,942 | 1,734 | 3,191 | 0 |
| 30 Jun 23 | 6,295 | -89 | 3,848 | 0 |
| 31 Mar 23 | 6,749 | 766 | 3,719 | 0 |
| 31 Dec 22 | 6,846 | 592 | 3,775 | 0 |
| 30 Sep 22 | 7,218 | 911 | 3,758 | 0 |
| 30 Jun 22 | 7,607 | 2,668 | 3,082 | 0 |
| 31 Mar 22 | 7,425 | 1,993 | 3,707 | 0 |
| 31 Dec 21 | 6,172 | 2,248 | 3,286 | 0 |
| 30 Sep 21 | 7,190 | 1,983 | 3,470 | 0 |
| 31 Dec 20 | 6,636 | 1,839 | 3,240 | 0 |
| 31 Dec 19 | 6,995 | 2,258 | 3,758 | 0 |
| 31 Dec 18 | 7,219 | 2,703 | 3,118 | 0 |
| 31 Dec 17 | 8,188 | 3,792 | 2,916 | 0 |
| 31 Dec 16 | 4,186 | 27 | 2,806 | 0 |
| 31 Dec 15 | 6,611 | 1,800 | 2,944 | 0 |
| 31 Dec 14 | 7,950 | 3,886 | 2,210 | 0 |
| 31 Dec 13 | 5,402 | 3,264 | 1,751 | 0 |
Quality Earnings: NGXGROUP has high quality earnings.
Growing Profit Margin: NGXGROUP's current net profit margins (53.3%) are higher than last year (21.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NGXGROUP's earnings have grown significantly by 35.6% per year over the past 5 years.
Accelerating Growth: NGXGROUP's earnings growth over the past year (381.4%) exceeds its 5-year average (35.6% per year).
Earnings vs Industry: NGXGROUP earnings growth over the past year (381.4%) exceeded the Capital Markets industry 43.4%.
Return on Equity
High ROE: NGXGROUP's Return on Equity (19.5%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:52 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
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.
| Analyst | Institution |
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