Nigerian Food, Beverage & Tobacco Potentially Undervalued Companies

Presco

Market Cap: ₦785.0b

Engages in the development of oil palm plantations, palm oil milling, palm kernel processing, and vegetable oil refining businesses in Nigeria.

Ellah Lakes

Market Cap: ₦12.4b

Engages in the oil palm, cassava, soybean, maize, and rice plantation in Nigeria.

Guinness Nigeria

Market Cap: ₦175.2b

Engages in brewing, packaging, marketing, and selling whisky, vodka, liqueur, gin, spirits, beers, non-alcoholic drinks, and ready-to-drink products primarily in Nigeria.

Nestlé Nigeria

Market Cap: ₦792.7b

Manufactures, markets, and distributes food products in Nigeria.

Honeywell Flour Mills

Market Cap: ₦91.2b

Manufactures and markets wheat-based products in Nigeria.