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Nigerian (NSE) Consumer Staples Sector Analysis
UpdatedSep 16, 2025
DataAggregated Company Financials
Companies22
- 7D3.8%
- 3M32.5%
- 1Y92.8%
- YTD79.5%
Over the last 7 days, the Consumer Staples industry has remained flat, although notably BUA Foods gained 6.7%. As for the the longer term, the industry is up 86% over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.
Sector Valuation and Performance
Has the Nigerian Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Sep 2025 | ₦20.5t | ₦6.3t | ₦669.3b | 16.7x | 30.6x | 3.3x |
| Thu, 14 Aug 2025 | ₦19.9t | ₦6.3t | ₦668.9b | 18.2x | 29.8x | 3.2x |
| Sat, 12 Jul 2025 | ₦17.1t | ₦6.2t | ₦338.4b | 15.1x | 50.6x | 2.8x |
| Mon, 09 Jun 2025 | ₦14.7t | ₦6.2t | ₦338.4b | 13.6x | 43.4x | 2.4x |
| Wed, 07 May 2025 | ₦13.4t | ₦6.1t | ₦333.8b | 13.1x | 40.1x | 2.2x |
| Fri, 04 Apr 2025 | ₦11.7t | ₦4.9t | -₦29,824,192,704.00 | 11.2x | -393.5x | 2.4x |
| Sun, 02 Mar 2025 | ₦11.5t | ₦4.2t | ₦168.0b | 12.8x | 68.2x | 2.7x |
| Tue, 28 Jan 2025 | ₦9.9t | ₦2.8t | ₦188.5b | 13.2x | 52.5x | 3.6x |
| Thu, 26 Dec 2024 | ₦9.7t | ₦5.8t | ₦217.1b | 9.9x | 44.8x | 1.7x |
| Sat, 23 Nov 2024 | ₦9.3t | ₦5.8t | ₦216.9b | 9.6x | 42.9x | 1.6x |
| Mon, 21 Oct 2024 | ₦81.4t | ₦5.0t | ₦144.1b | 13.1x | 565x | 16.3x |
| Wed, 18 Sep 2024 | ₦87.2t | ₦5.0t | ₦143.6b | 11x | 607.2x | 17.5x |
| Fri, 16 Aug 2024 | ₦8.3t | ₦5.0t | ₦144.7b | 9.2x | 57.3x | 1.7x |
| Sun, 14 Jul 2024 | ₦8.0t | ₦4.1t | ₦205.5b | 9.4x | 39x | 2x |
| Tue, 11 Jun 2024 | ₦7.9t | ₦4.1t | ₦217.2b | 12.9x | 36.3x | 1.9x |
| Thu, 09 May 2024 | ₦8.0t | ₦4.1t | ₦163.2b | 9x | 49x | 2x |
| Sat, 06 Apr 2024 | ₦9.1t | ₦5.0t | -₦45,153,333,553.00 | 11.4x | -200.6x | 1.8x |
| Mon, 04 Mar 2024 | ₦9.1t | ₦5.0t | -₦50,180,418,436.00 | 11.4x | -181x | 1.8x |
| Wed, 31 Jan 2024 | ₦7.9t | ₦4.7t | ₦60.8b | 13.7x | 129.8x | 1.7x |
| Fri, 29 Dec 2023 | ₦5.9t | ₦4.7t | ₦61.8b | 12.9x | 96x | 1.3x |
| Sun, 26 Nov 2023 | ₦6.0t | ₦4.7t | ₦61.8b | 12.3x | 97.5x | 1.3x |
| Tue, 24 Oct 2023 | ₦6.0t | ₦4.4t | ₦116.9b | 14.8x | 51.5x | 1.4x |
| Thu, 21 Sep 2023 | ₦5.9t | ₦4.4t | ₦116.9b | 16.1x | 50.4x | 1.3x |
| Sat, 19 Aug 2023 | ₦4.6t | ₦4.2t | ₦111.0b | 15.3x | 41.2x | 1.1x |
| Mon, 17 Jul 2023 | ₦5.4t | ₦4.6t | ₦256.1b | 13.7x | 21x | 1.2x |
| Wed, 14 Jun 2023 | ₦5.3t | ₦4.6t | ₦253.4b | 13.7x | 21x | 1.2x |
| Fri, 12 May 2023 | ₦4.5t | ₦4.6t | ₦253.4b | 11.4x | 17.8x | 1x |
| Sun, 09 Apr 2023 | ₦4.3t | ₦4.5t | ₦266.3b | 14.1x | 16x | 1x |
| Tue, 07 Mar 2023 | ₦4.2t | ₦4.4t | ₦288.7b | 13.2x | 14.7x | 1x |
| Thu, 02 Feb 2023 | ₦3.8t | ₦4.3t | ₦260.4b | 12.7x | 14.7x | 0.9x |
| Sat, 31 Dec 2022 | ₦3.6t | ₦4.2t | ₦254.8b | 10.6x | 14.2x | 0.9x |
| Mon, 28 Nov 2022 | ₦3.4t | ₦4.2t | ₦247.4b | 11.3x | 13.7x | 0.8x |
| Wed, 26 Oct 2022 | ₦3.5t | ₦3.9t | ₦261.2b | 11.1x | 13.4x | 0.9x |
| Fri, 23 Sep 2022 | ₦3.7t | ₦4.0t | ₦266.1b | 10.6x | 14x | 0.9x |
Price to Earnings Ratio
14x
Current Industry PE
- Investors are pessimistic on the Nigerian Consumer Staples industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 29.6x which is lower than its 3-year average PE of 54.2x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 17% 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 Consumer Staples sector?
| NG Market | 2.20% | |
| Consumer Staples | 3.81% | |
| Food | 4.78% | |
| Household Products | 3.97% | |
| Beverage | 0.72% | |
| Food and Staples Retail | 0% | 0 |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry which is trading above its 3-year average PE ratio of 221x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Household Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.1x.
Forecasted Growth
- Analysts are most optimistic on the Food industry, expecting annual earnings growth of 63% over the next 5 years.
- However this is lower than its past earnings growth rate of 119% per year.
- In contrast, the Beverage industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BUAFOODS BUA Foods | ₦629.70 | 6.7% +₦714.6b | 59.5% | PE28.7x | |
| NB Nigerian Breweries | ₦70.25 | 2.6% +₦54.2b | 150.9% | PE75.9x | |
| GUINNESS Guinness Nigeria | ₦143.00 | 10.0% +₦28.5b | 125.2% | PE45.5x | |
| CADBURY Cadbury Nigeria | ₦67.50 | 12.5% +₦17.1b | 242.6% | PS1x | |
| UNILEVER Unilever Nigeria | ₦72.80 | 4.0% +₦16.1b | 283.2% | PE16.7x |