Wole Olajide, ACS
Performance of equities on the floor of the Nigerian Exchange since the beginning of the year 2025 has been quite impressive as prices of equities have experience significant growth, triggered by several bullish seasons. The current bull can be attributed to many factors which include: Q2 2025 earnings expectation, positive macroeconomic signals and strategic positioning by institutional investors.
The market closed last week on a bullish note with 2.18% growth week on week. Year to date the market has returned 30.63% with the All-Share Index and Market Capitalisation at 134,452.93 points and N85.055 trillion respectively.
Prices of equities have gone up, with a lot of them touching new 52 weeks high. In the course of the year, some equites have been delisted from NGX, while new equities have been added. One of such new additions is Legend Internet.
Out of 146 equities captured for the year-to-date price performance, 109 equities emerged as gainers while 21 equites declined. The remaining 16 traded flat.
The best 20 equities in terms of price performance year to date can be found below:
THE INITIATE PLC (+545.20%)
The share price of The Initiate Plc (TIP) is currently trading at N16.13. Year to date, the price grew by 545.20% from N2.50 at the beginning of the year to its current price of N16.13. It is currently trading at its 52 weeks high from a year low of N1.75.
In the recently published Q2 2025 report of the Company, TIP reported significant growth in its topline and bottom-line figures, year on year.
The waste management service company reported revenue of N3.388 billion for the 6 months period, up by 233.86% from N1.014 billion revenue reported in half year 2024. Profit after tax grew year on year by 6.47.29% to N926.22 million from N123.94 million reported the previous year.
BETA GLASS (+439.29%)
The share price of Beta Glass is currently selling at N350. The share price of the company grew by 439.29% from the price N64.90 at the beginning of the year. It is currently trading at its year high of N350 from a year low N44.50.
The Company reported an impressive Q1 2025 result with significant growth in the top line and bottom-line figures. Revenue grew year on year by 69.34% to N41.165 billion from N24.309 billion reported in Q1 2024. Profit after tax in Q1 2025 soared by 594% to N9.996 billion from N1.439 billion profit reported the previous year.
HONEYWELL FLOUR (+328.57%)
Year to date, the share price of Honeywell Flour grew by 328.57% to N27 from N6.30. In the past 52 weeks, the share price of Honeywell Flour has touched a high of N30.20 from a year low of N3.10.
It is trading 10% away from its 52 weeks high of N30.20, which is an implication of 10% uptrend potential for Honeywell Flour.
The Audited Financial Statements of the Company for the year ended 31 March 2025 is very impressive. The Company reported revenue of N373.5 billion for the 12 months period, up by 98% from N188.3 billion reported the previous year. Profit after tax soared by 246% to N14.78 billion from the loss after tax of N10.12 billion.
FTN COCOA (+297.80%)
The share price of FTN Cocoa in the course of the year 2025 grew by 297.80% to N7.24 from N1.82. In the past 52 weeks, the price of FTN Cocoa has touched a high of N8.25 from a low of N1.38.
FTN Cocoa is trading 12.24% away from its 52 weeks high of N8.25, indicating an uptrend potential of about 12% for the company.
The Q1 2025 result shows that the Company is coming out of the woods. Revenue of N572 million was reported for the 3 months period as against the zero-revenue reported in Q1 2024. The Company declared a BETTER loss after tax of N575.55 million as against the HUGE loss after tax of N8.886 billion declared in Q1 2024.
VITAFOAM (+281.96%)
The share price of Vitafoam is currently trading at N87.85. Year to date, the share price of Vitafoam grew by 281.96% from N23 to its current price. It is currently trading at the 52 weeks high of N87.85 from 52 weeks low of N17.50.
The Second Quarter report of the Company for the 6 months ended 31 March 2025 shows significant turnaround in the Company’s bottom line figures. Profit after tax of N6.7 billion was declared as against the loss after tax of N5.58 billion reported the previous year.
ASSOCIATED BUS COMPANY PLC (+273.17%)
Associated Bus Company Plc (ABC TRANS) is currently trading at N4.59. Year to date, the share price of the company grew by 273.17% from N1.23 it began the year with. In the past 52 weeks, the share price of ABC TRANS has touched a high of N6.25 from a year low of 70 kobo.
It is trading 26.56% away from its 52 weeks high of N6.25, indicating an uptrend potential of about 27% for ABC TRANS.
Q1 2025 report of ABC TRANS shows double digit growth in revenue, up by 57.37%. Profit after tax soared by 382.17% to N223.18 million against the loss after tax of N79 million.
SMART PRODUCT NIGERIA (+260%)
The share price of SMART PRODUCT Nigeria Plc (SMURFIT) is currently trading at 72 kobo. Year to date, the price has grown by 260% from 20 kobo it started the year with.
SMURFIT is trading at its 52 weeks high of 72 kobo from a low of 22 kobo.
The Company has not been consistent in filing its quarterly reports. The last report filed by the Company on NGX was Q1 2024. At that, the price movement of SMURFIT is purely speculative.
PRESCO
The share price of Presco is currently N1550. Year to date, the price has grown by 226.32% from N475 it started with in January 2025. It is currently trading at its 52 weeks high from a low of N413.
The recent price surge of Presco can be attributed to the Company’s declaration of N42 final dividend for the year ended 31 December 2024.
Presco recorded significant growth in its top line and bottom-line figures in Q1 2025. Revenue grew by 120.44% to N93.785 billion from N42.545 billion reported in Q1 2024. Profit after tax grew by 97.78% to N47.578 billion from N24.056 billion reported the previous year.
CHAMPION BREWERIES (+223.36%)
The share price of Champion Breweries is currently trading at N12.32. Year to date, the price grew by 223.36% from N3.81 to N12.32 at Friday July 25, 2025. In the past 52 weeks, the price of has touched a high of N16 from a year low of N2.77%.
It is trading 23% away from the 52 weeks high of 16, indicating an uptrend potential of 23% for Champion Breweries.
In the recently published Q2 2025 report, the Company achieved double digit growth in revenue and exponential growth in profit after tax. Revenue of N15.93 billion was reported for the 6 months period, up by 66.92% from N9.54 billion reported the previous year. Profit after tax of N2.288 billion was achieved for the period under review as against the loss after tax of N386.66 million reported in half year 2024.
CADBURY (+218.84%)
Year to date, the share price of Cadbury grew by 218.84% to N68.55 from N21.50 it started the year with. It is currently trading at its 52 weeks high of N68.55 from a year low of N16.40.
In Q1 2025, Cadbury achieved significant growth in its top line and bottom-line figures. Revenue of N37.228 billion was reported for the 3 months period, up by 57% from N23.696 billion reported the previous year. Profit after tax of N5.979 billion was reported in Q1 2025 as against the loss after tax of N7.32 billion.
UPDC (+214.47%)
UPDC is currently trading at N5. Year to date, the share price grew by 214.47% from N1.59 to N5. In the past 52 weeks, the price of UPDC has touched a high of N5.29 from a year low of N1.20. It is trading very close to its 52 weeks high of N5.29.
In Q1 2025, UDPC posted revenue of N2.18 billion for the 3 months period, up 67.61% from N1.3 billion revenue reported in Q1 2024. Profit after tax soared by 714.4% to N481.74 million from N59.15 million reported the previous year.
ACADEMY PRESS (+210.33%)
The share price of Academy Press is currently trading at N9.31. Year to date, the price grew by 210.33% from N3 it started the year with. It is trading at its 52 weeks high from a year low of N1.79.
The Audited Financial Statement of the Company for the year ended 31 March 2025 shows marginal growth in revenue and exponential growth in profit after tax. However, the Q1 report of the Company for the for the 3 months ended, 30 June 2025 shows year on year decline in the Company’s top line and bottom-line figures.
ELLAH LAKES (+210.13%)
The share price of Ellah Lakes is currently trading at N9.8. Year to date, the price grew by 210.13% from N3.16 at the beginning of the year to N9.8.
In the past 52 weeks, the share price of Ella Lakes has touched a high of N13.8 from a year low of N2.70. It is trading 28.99% away from its 52 weeks high of N13.8, which implies an uptrend potential for Ellah Lakes. It can still touch that price.
The most recently published Q3 report of the Company for the 9 months period ended 30 April 2025 showed loss after tax of N905.329 million as against the loss after tax of N837.709 declared the previous year.
CAVERTON (+201.72%)
Year to date, the share price of Caverton Plc grew by 201.72% from N2.32 at the beginning of the year to the current share price of N7. In the past 52 weeks, the share price of Caverton has touched a high of N8.85 from the year low of N1.25.
It is trading 20.90% away from the 52 weeks high of N8.85, indicating an uptrend potential of about 21% for Caverton.
The Q1 2025 report of the Company shows tremendous growth in the Company’s bottom line figures. Profit after tax of N1.64 billion was reported for the 3 months period as against the loss after tax of N1.81 billion.
NGX GROUP (+192.84%)
Year to date, the share price of NGX Group Plc grew by 192.84% from N27.25 at the beginning of the year to the current share price of N79.80. It is currently trading at its 52 weeks high from a year low of N20.30.
NASCON (+185.49%)
The share price of Nascon Allied Industries Limited is currently N89.50. Year to date, the price of NASCON grew by 185.49% from N31.35 to its current price of N89.50.
In the past 52 weeks, the price of Nascon has touched a high of N92 from a year low of N28. It is trading very close to its year high.
Q1 2025 report of the Company shows significant growth in the Company’s topline and bottom-line figures. The revenue grew year on year by 77.21% to N41.85 billion from N23,62 billion revenue reported in Q1 2024. Profit after tax soared by 515% to N7.578 billion from N1.23 billion profit reported the previous year.
NEIMETH (+183.84%)
Year to date, the share price of Neimeth International Pharmaceutical grew by 183.84% from N2.29 at the beginning of the year to the current price of N6.50.
In the past 52 weeks, the price of Neimeth has touched a high of N10.42 from a year low of N1.76. It is trading 37.62% away from its 52 weeks high of 10.42, indicating an uptrend potential of about 37% for Neimeth.
In Q1 2025, the Company reported double digit growth in revenue and profit after tax, year on year.
FIDSON HEALTHCARE (+183.23%)
Year to date, the share price of Fidson grew by 183.23% from N15.5 at the beginning of the year to its current price of N43.90.
In the past 52 weeks, the price of Fidson has touched a high of N47 from a year low of N12.40. It is trading about 6.6% away from its 52 weeks high of N47.
In Q1 2025, the Company achieved significant growth in its top line and bottom-line figures. Revenue grew year on year by 85.42% while profit after tax grew by 213.49%.
RED STAR EXPRESS (+181.63%)
Year to date, the share price of Red Star Express grew by 181.63% from N4.41 at the beginning of the year to the current price of 12.42. In the past 52 weeks, the price of the Company has touched a high of N14.35 from a year low of N3.5.
It is trading 13.45% away from its 52 weeks high of N14.35, which implies that it can still touch that price.
The Audited Financial Statement of the Company for the year ended 31 March 2025 shows double digit growth in the Company’s revenue and profit after tax respectively.
INETERNATIONAL BREWERIES (+173.87%)
Year to date, the share price of International Breweries Plc grew by 173.87% from N5.55 at the beginning of the year to the current price of N15.20.
In the past 52 weeks, the share price of International Breweries has touched a high of N15.90 from a year low of N3.70. It is trading very close to its 52-week high of N15.90.
In Q1 2025, the Company achieved double digit growth of 68.22% in revenue. Profit after tax soared by 148.64% to N29.377 billion from a loss after tax of N60.392 billion.