Nigerian (NSE) Healthcare Sector Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies7
- 7D0.8%
- 3M10.2%
- 1Y51.2%
- YTD43.1%
The Healthcare is pretty flat in the last 7 days, but Neimeth International Pharmaceuticals has stood out, gaining 8.2%. The past year has been better, since the industry has gained 51% in that time.
Sector Valuation and Performance
Has the Nigerian Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₦67.5b | ₦82.7b | ₦5.7b | 7.8x | 11.7x | 0.8x |
| Wed, 27 Sep 2023 | ₦68.2b | ₦82.7b | ₦5.7b | 8.2x | 11.9x | 0.8x |
| Fri, 25 Aug 2023 | ₦67.1b | ₦82.7b | ₦5.7b | 8x | 11.7x | 0.8x |
| Sun, 23 Jul 2023 | ₦66.1b | ₦81.7b | ₦6.1b | 8.1x | 10.8x | 0.8x |
| Tue, 20 Jun 2023 | ₦54.9b | ₦81.7b | ₦6.1b | 5.9x | 9x | 0.7x |
| Thu, 18 May 2023 | ₦46.6b | ₦81.7b | ₦6.1b | 5x | 7.6x | 0.6x |
| Sat, 15 Apr 2023 | ₦45.4b | ₦83.3b | ₦6.0b | 5x | 7.6x | 0.5x |
| Mon, 13 Mar 2023 | ₦48.9b | ₦84.2b | ₦5.9b | 5.5x | 8.3x | 0.6x |
| Wed, 08 Feb 2023 | ₦45.2b | ₦84.2b | ₦5.9b | 5.3x | 7.7x | 0.5x |
| Fri, 06 Jan 2023 | ₦43.8b | ₦84.7b | ₦6.9b | 4.6x | 6.3x | 0.5x |
| Sun, 04 Dec 2022 | ₦40.6b | ₦84.7b | ₦6.9b | 4.2x | 5.9x | 0.5x |
| Tue, 01 Nov 2022 | ₦41.1b | ₦84.7b | ₦6.9b | 4.3x | 6x | 0.5x |
| Thu, 29 Sep 2022 | ₦40.4b | ₦82.6b | ₦6.8b | 6.6x | 6x | 0.5x |
| Sat, 27 Aug 2022 | ₦41.6b | ₦82.6b | ₦6.8b | 7.2x | 6.1x | 0.5x |
| Mon, 25 Jul 2022 | ₦43.4b | ₦77.3b | ₦6.0b | 6.6x | 7.3x | 0.6x |
| Wed, 22 Jun 2022 | ₦45.4b | ₦77.2b | ₦5.3b | 7x | 8.5x | 0.6x |
| Fri, 20 May 2022 | ₦45.6b | ₦77.2b | ₦5.3b | 7.6x | 8.6x | 0.6x |
| Sun, 17 Apr 2022 | ₦38.1b | ₦68.8b | ₦4.5b | 9.1x | 8.5x | 0.6x |
| Tue, 15 Mar 2022 | ₦39.8b | ₦70.2b | ₦4.3b | 14x | 9.3x | 0.6x |
| Thu, 10 Feb 2022 | ₦39.5b | ₦70.2b | ₦4.3b | 14x | 9.2x | 0.6x |
| Sat, 08 Jan 2022 | ₦36.2b | ₦64.0b | ₦4.5b | 7.7x | 8.1x | 0.6x |
| Mon, 06 Dec 2021 | ₦35.8b | ₦63.8b | ₦4.3b | 7.7x | 8.4x | 0.6x |
| Wed, 03 Nov 2021 | ₦37.4b | ₦63.9b | ₦4.4b | 8.4x | 8.6x | 0.6x |
| Fri, 01 Oct 2021 | ₦36.5b | ₦58.2b | ₦3.3b | 8.7x | 11.2x | 0.6x |
| Sun, 29 Aug 2021 | ₦37.8b | ₦64.5b | ₦2.4b | 8.8x | 15.6x | 0.6x |
| Mon, 05 Jul 2021 | ₦34.8b | ₦64.5b | ₦2.4b | 8.2x | 14.4x | 0.5x |
| Thu, 08 Apr 2021 | ₦33.6b | ₦64.1b | ₦2.6b | 7.9x | 12.7x | 0.5x |
| Sun, 10 Jan 2021 | ₦32.9b | ₦60.3b | ₦1.8b | 7.8x | 18.3x | 0.5x |
Price to Earnings Ratio
21.9x
Current Industry PE
- Investors are relatively neutral on the Nigerian Healthcare 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 PE ratio of 11.0x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 61% per year over the last three years.
- Revenues for these companies have grown 12% 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 Healthcare sector?
| NG Market | 0.20% | |
| Healthcare | 0.84% | |
| Pharma | 0.88% | |
| Medical Equipment | 0% | |
| Healthcare Services | 0% | |
| Healthtech | 0% | |
| Biotech | 0% | |
| Life Sciences | 0% | |
Industry PE
- Investors are most pessimistic about the Pharma industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.8x.
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 | |
|---|---|---|---|---|---|
| NEIMETH Neimeth International Pharmaceuticals | ₦1.72 | 8.2% +₦555.5m | 14.7% | PS3.3x |