Financial Services Sector – NESF Records 47.42 EPS Ratio as Banking Stocks Dominate Gainers List.


Sunday, December 25, 2016 7:00 AM / Proshare Markets

The financial services sector which houses the banking and the insurance sub-sectors is another major and critical sector of the Nigerian economy and duly represented on the NSE.

A cursory review of the EPS ratio of the financial services sector reveals that NESF tops based on EPS and closely followed by GUARANTY and ZENITHBANK while SKYEBANK and INTENEGINS lead otherwise with negative EPS.

NESF is an energy sector fund listed in the financial services sector in June 1999. The company latest result published is it March 2015 Audited Financials. It reported an interest income of N100.71 mln, up by 8.31% and a PAT of N35.73 mln which went down by 61.55%.

A review of the PE Ratio of the financial services sector revealed that RESORTSAL and ABBEYBDS top the table while UNHOMES and CORNERST lead otherwise with negative figures.

AIICO tops financial services sector on Return on Equity (RoE) ratio, while UNIC recorded the least ratio with a negative figure.

DEAPCAP tops financial services sector’s PAT Margin as AFRIPRUD follows on the ladder, while UNIC and EQUITYASUR recorded the least percentage figure.

Financial services sector records eight (8) gainers to twenty (20) losers in 2016 as at 23rd December, 2016. UCAP tops the gainers’ list with +112.98% while SKYEBANK tops the losers’ chart with -68.35% loss.

Out of the eight (8) gainers, banking sub-sector has four (4) stocks to dominate the list, OFIs has two (2) representations while Insurance and mortgage carrier sub-sectors have one (1) representation each.

Also, the banking subsector dominates the losers’ list with eight (8) stocks and closely followed by OFIs and the insurance sub-sector.

Related News
1.       Nigeria’s Economic Indicators in 2016

2.      45 Resignations Announced by Quoted Companies in 2016

3.      104 Appointments Made by Quoted Companies in 2016

4.      Agriculture Sector – PRESCO Tops on EPS as LIVESTOCK Tops on PE Ratio

5.      Foreign Portfolio Participation in Equity Trading Drops in 2016

6.      Stocks You Shouldn’t Touch – 62 Stocks Record No Price Movement in 2016

7.      Stocks from the Final Services Sector Dominate the List of Penny Stocks in 2016

8.     Santa Claus Rally: Stocks on Radar as December effects drive prices

9.      NSE ASI Performance Review and How Key Sectors Fared in 2016

10.  Egypt, Zimbabwe Stock Markets Lead African Markets in 2016 as Lusaka Exchange Top Losers

11.   Argentina, Brazil Lead Performing Global Markets in 2016 as Madrid Exchange Leads Otherwise

12.  Top Five Gainers and Losers on NSE in 2016

13.  Movers and Shakers in 2016 -GUARANTY, SEPLAT Record Growth in Market CAP as FO, WAPCO Lead Otherwise

14.  Global Market: Argentina, RTS Exchanges Top Performing Stock Markets in 2015

15.   African Stocks record sterling returns among top global exchanges

16.  Argentina records +98.38% 2013 YTD gains to lead Global Exchanges; NSE ASI makes top

17.   10 Best Performing Stock Markets in Q3 2013

18.  Kenya, Nigeria lead Top 10 Performing African Exchanges

19.  Global Market: Argentina, Italy Top Best Performing Stock Markets in the World 


Related News