Nigerian (NSE) Chemicals Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies6
- 7D-0.6%
- 3M-1.2%
- 1Y2.2%
- YTD2.1%
Last week, the Chemicals industry hasn't moved much but Berger Paints Nigeria is up 10.0% in that time. Furthermore, the industry has been flat for the past year as well.
Industry Valuation and Performance
Has the Nigerian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₦126.4b | ₦42.8b | -₦43,924,425,000.00 | 7.3x | -2.9x | 3x |
| Wed, 27 Sep 2023 | ₦127.2b | ₦41.6b | -₦43,851,502,000.00 | 7.3x | -2.9x | 3.1x |
| Fri, 25 Aug 2023 | ₦126.9b | ₦41.6b | -₦43,851,502,000.00 | 7.3x | -2.9x | 3x |
| Sun, 23 Jul 2023 | ₦129.3b | ₦52.0b | -₦13,199,690,000.00 | 9.7x | -9.8x | 2.5x |
| Tue, 20 Jun 2023 | ₦127.3b | ₦52.0b | -₦13,199,690,000.00 | 9.4x | -9.6x | 2.4x |
| Thu, 18 May 2023 | ₦126.0b | ₦64.3b | -₦3,709,697,000.00 | 8.1x | -34x | 2x |
| Sat, 15 Apr 2023 | ₦124.7b | ₦65.5b | -₦12,795,390,000.00 | 7x | -9.7x | 1.9x |
| Mon, 13 Mar 2023 | ₦126.8b | ₦65.5b | -₦13,501,197,000.00 | 7.9x | -9.4x | 1.9x |
| Wed, 08 Feb 2023 | ₦126.9b | ₦65.5b | -₦13,501,197,000.00 | 7.9x | -9.4x | 1.9x |
| Fri, 06 Jan 2023 | ₦124.3b | ₦52.4b | -₦661,237,000.00 | 9x | -187.9x | 2.4x |
| Sun, 04 Dec 2022 | ₦123.5b | ₦52.4b | -₦597,438,000.00 | 9x | -206.8x | 2.4x |
| Tue, 01 Nov 2022 | ₦124.1b | ₦49.6b | -₦796,200,000.00 | 8.8x | -155.9x | 2.5x |
| Thu, 29 Sep 2022 | ₦124.2b | ₦50.6b | -₦832,353,000.00 | 9.6x | -149.2x | 2.5x |
| Sat, 27 Aug 2022 | ₦123.0b | ₦50.6b | -₦832,353,000.00 | 9.7x | -147.7x | 2.4x |
| Mon, 25 Jul 2022 | ₦124.4b | ₦49.5b | -₦872,225,000.00 | 10.9x | -142.6x | 2.5x |
| Wed, 22 Jun 2022 | ₦125.5b | ₦49.5b | -₦872,225,000.00 | 10.9x | -143.8x | 2.5x |
| Fri, 20 May 2022 | ₦124.7b | ₦49.5b | -₦907,446,000.00 | 11.3x | -137.4x | 2.5x |
| Sun, 17 Apr 2022 | ₦122.8b | ₦46.1b | -₦1,351,750,000.00 | 14.7x | -90.9x | 2.7x |
| Tue, 15 Mar 2022 | ₦121.6b | ₦47.2b | -₦12,158,706,000.00 | 11.5x | -10x | 2.6x |
| Thu, 10 Feb 2022 | ₦122.8b | ₦45.3b | -₦14,642,746,800.00 | 11.5x | -8.4x | 2.7x |
| Sat, 08 Jan 2022 | ₦122.7b | ₦38.4b | -₦17,487,272,000.00 | 11.3x | -7x | 3.2x |
| Mon, 06 Dec 2021 | ₦122.5b | ₦38.4b | -₦17,487,272,000.00 | 11.3x | -7x | 3.2x |
| Wed, 03 Nov 2021 | ₦125.4b | ₦40.2b | -₦17,729,869,000.00 | 12.2x | -7.1x | 3.1x |
| Fri, 01 Oct 2021 | ₦125.8b | ₦32.2b | -₦11,582,963,000.00 | 13.7x | -10.9x | 3.9x |
| Sun, 29 Aug 2021 | ₦124.1b | ₦32.2b | -₦11,582,963,000.00 | 12.9x | -10.7x | 3.9x |
| Mon, 05 Jul 2021 | ₦122.4b | ₦32.2b | -₦11,582,963,000.00 | 11.3x | -10.6x | 3.8x |
| Thu, 08 Apr 2021 | ₦126.4b | ₦29.4b | -₦7,486,932,000.00 | 15.6x | -16.9x | 4.3x |
| Sun, 10 Jan 2021 | ₦123.1b | ₦32.7b | -₦8,994,888,000.00 | 12.5x | -13.7x | 3.8x |
Price to Earnings Ratio
-26.2x
Current Industry PE
- Investors are relatively neutral on the Nigerian Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 4.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Nigerian Materials industry?
| NG Market | 0.20% | |
| Materials | -0.13% | |
| Chemicals | -0.64% | |
| Commodity Chemicals | 0% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -4.72% | |
Industry PE
- Investors are most optimistic about the Industrial Gases 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.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BERGER Berger Paints Nigeria | ₦13.20 | 10.0% +₦347.8m | 131.6% | PE8.7x |