Cutix Plc: A Strong Growth Play on the Nigerian Exchange in 2025

Cutix Plc has emerged as a compelling buy candidate on the Nigerian Exchange (NGX) for investors seeking exposure to Nigeria’s industrial goods sector, particularly in electrical and telecommunications cables. As of August 2025, Cutix’s stock price stands around NGN 3.98, representing a robust 73% year-to-date gain and ranking it 59th in performance on the NGX. The stock is actively traded, placing 20th in trading volume with solid liquidity to facilitate buying and selling.

Fundamentally, Cutix is a leading manufacturer and marketer of electrical, automobile, and telecommunication wires and cables in Nigeria. It generated approximately NGN 15.77 billion in revenue for the year ending April 2025, up nearly 30% from the previous year. Despite increased costs and administrative expenses compressing profits slightly, the company sustained a solid pre-tax profit of around NGN 1.6 billion, reflecting operational resilience. Cutix’s market capitalization is about NGN 28 billion, with a price-to-earnings (P/E) ratio around 23, indicating a fairly valued growth stock. The company also pays dividends, with a recent yield around 2%, offering some income alongside capital appreciation.

Technically, Cutix presents a mixed but generally positive outlook. Key moving averages and momentum indicators are moderately bullish, supported by a low beta of roughly 0.1, which means its share price has exhibited lower volatility compared to the broader market. However, the stock’s price movement shows some short-term fluctuations, so timing and monitoring market trends are advisable.

In summary, Cutix combines strong revenue growth, stable profitability, dividend payments, and good liquidity, making it an attractive buy for investors focused on long-term growth in Nigeria’s industrial sector. While it faces competitive and economic challenges, its strategic investments and market positioning provide confidence for future gains. This makes Cutix a solid pick for balanced portfolios seeking exposure to Nigerian manufacturing and infrastructure development stocks in 2025.