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Nigerian (NSE) Consumer Staples Sector Analysis

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies21
  • 7D-0.3%
  • 3M7.9%
  • 1Y106.3%
  • YTD89.1%

In the last week, the Consumer Staples industry is up 1.5%, with Nestlé Nigeria up 2.9%. This takes the industry's 12 month performance to a gain of 107%. Looking forward, earnings are forecast to grow by 43% annually.

Sector Valuation and Performance

Has the Nigerian Consumer Staples Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Nov 2025₦21.6t₦7.0t₦930.2b20x23.3x3.1x
Sun, 19 Oct 2025₦21.6t₦6.3t₦674.0b16.9x32x3.4x
Tue, 16 Sep 2025₦20.5t₦6.3t₦669.3b16.7x30.6x3.3x
Thu, 14 Aug 2025₦19.9t₦6.3t₦668.9b18.2x29.8x3.2x
Sat, 12 Jul 2025₦17.1t₦6.2t₦338.4b15.1x50.6x2.8x
Mon, 09 Jun 2025₦14.7t₦6.2t₦338.4b13.6x43.4x2.4x
Wed, 07 May 2025₦13.4t₦6.1t₦333.8b13.1x40.1x2.2x
Fri, 04 Apr 2025₦11.7t₦4.9t-₦29,824,192,704.0011.2x-393.5x2.4x
Sun, 02 Mar 2025₦11.5t₦4.2t₦168.0b12.8x68.2x2.7x
Tue, 28 Jan 2025₦9.9t₦2.8t₦188.5b13.2x52.5x3.6x
Thu, 26 Dec 2024₦9.7t₦5.8t₦217.1b9.9x44.8x1.7x
Sat, 23 Nov 2024₦9.3t₦5.8t₦216.9b9.6x42.9x1.6x
Mon, 21 Oct 2024₦81.4t₦5.0t₦144.1b13.1x565x16.3x
Wed, 18 Sep 2024₦87.2t₦5.0t₦143.6b11x607.2x17.5x
Fri, 16 Aug 2024₦8.3t₦5.0t₦144.7b9.2x57.3x1.7x
Sun, 14 Jul 2024₦8.0t₦4.1t₦205.5b9.4x39x2x
Tue, 11 Jun 2024₦7.9t₦4.1t₦217.2b12.9x36.3x1.9x
Thu, 09 May 2024₦8.0t₦4.1t₦163.2b9x49x2x
Sat, 06 Apr 2024₦9.1t₦5.0t-₦45,153,333,553.0011.4x-200.6x1.8x
Mon, 04 Mar 2024₦9.1t₦5.0t-₦50,180,418,436.0011.4x-181x1.8x
Wed, 31 Jan 2024₦7.9t₦4.7t₦60.8b13.7x129.8x1.7x
Fri, 29 Dec 2023₦5.9t₦4.7t₦61.8b12.9x96x1.3x
Sun, 26 Nov 2023₦6.0t₦4.7t₦61.8b12.3x97.5x1.3x
Tue, 24 Oct 2023₦6.0t₦4.4t₦116.9b14.8x51.5x1.4x
Thu, 21 Sep 2023₦5.9t₦4.4t₦116.9b16.1x50.4x1.3x
Sat, 19 Aug 2023₦4.6t₦4.2t₦111.0b15.3x41.2x1.1x
Mon, 17 Jul 2023₦5.4t₦4.6t₦256.1b13.7x21x1.2x
Wed, 14 Jun 2023₦5.3t₦4.6t₦253.4b13.7x21x1.2x
Fri, 12 May 2023₦4.5t₦4.6t₦253.4b11.4x17.8x1x
Sun, 09 Apr 2023₦4.3t₦4.5t₦266.3b14.1x16x1x
Tue, 07 Mar 2023₦4.2t₦4.4t₦288.7b13.2x14.7x1x
Thu, 02 Feb 2023₦3.8t₦4.3t₦260.4b12.7x14.7x0.9x
Sat, 31 Dec 2022₦3.6t₦4.2t₦254.8b10.6x14.2x0.9x
Mon, 28 Nov 2022₦3.4t₦4.2t₦247.4b11.3x13.7x0.8x
Price to Earnings Ratio

13.7x


Total Market Cap: ₦3.4tTotal Earnings: ₦247.4bTotal Revenue: ₦4.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Consumer Staples Sector Price to Earnings3Y Average 55.1x202320242025
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 23.3x which is lower than its 3-year average PE of 55.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 56% per year over the last three years.
  • Revenues for these companies have grown 19% 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-2.14%
Consumer Staples-0.25%
Food and Staples Retail0%0
Food-0.074%
Beverage-0.83%
Household Products-0.94%
Industry PE
  • Investors are most optimistic about the Beverage industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 40.5%, which is lower than the prior year's growth of 504.8% per year.
  • 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 8.2x.
Forecasted Growth
  • Analysts are most optimistic on the Food industry, expecting annual earnings growth of 60% over the next 5 years.
  • However this is lower than its past earnings growth rate of 124% per year.
  • In contrast, the Household Products industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NESTLE Nestlé Nigeria₦1.78k2.9%
+₦39.6b		109.4%PE15.3x
UACN UAC of Nigeria₦68.3013.8%
+₦24.3b		194.4%PE27.3x
INTBREW International Breweries₦12.000.4%
+₦8.4b		200.0%PE35.4x
GUINNESS Guinness Nigeria₦167.000.6%
+₦2.2b		156.9%PE8.1x
ELLAHLAKES Ellah Lakes₦12.752.0%
+₦964.5m		275.0%PS733.1x

Latest News

NESTLE
₦1,780.00
Nestlé Nigeria
7D
2.9%
1Y
109.4%
CHAMPION
₦14.00
Champion Breweries
7D
-3.4%
1Y
278.4%

CHAMPION BREWERIES PLC RIGHTS ISSUE – Strategic Capital Raise to Fund Bullet Brand Acquisition and Accelerate International Expansion

Executive Summary Champion Breweries Plc has launched a ₦15.9 billion Rights Issue as the first phase in a two-step capital raise designed to fund the strategic acquisition of the Bullet brand —a transformational move that positions the company for accelerated growth in both domestic and international markets. The Rights Issue follows shareholder approval secured at the Extraordinary General Meeting (EGM) on 24 July 2025 and involves the issuance of 994,221,766 ordinary shares at ₦16 per share , on a 1-for-9 basis to shareholders on the register as of 4 September 2025.
NB
₦68.50
Nigerian Breweries
7D
-2.1%
1Y
144.6%
DANGSUGAR
₦56.00
Dangote Sugar Refinery
7D
-3.3%
1Y
68.2%

Dangote Sugar Refinery Plc – $700 Million Backward Integration Drive to Achieve Sugar Self-Sufficiency

Analyst: Qudus Adebara (Founder of Wane Investment House and Wane Trading Club) Investment Overview Dangote Sugar Refinery Plc (“DSR” or “the Company”), a member of the Dangote Group, has announced a significant $700 million investment commitment to accelerate its Backward Integration Programme (BIP) under Nigeria’s National Sugar Master Plan (NSMP). The investment covers: Land acquisition and development for sugarcane plantations Procurement of machinery and processing equipment Infrastructure and irrigation systems Manpower development and community engagement Corporate Social Responsibility (CSR) initiatives The programme is designed to ensure Nigeria achieves self-sufficiency in refined sugar production and eliminates the importation of raw sugar in the medium term.
UNILEVER
₦73.00
Unilever Nigeria
7D
-0.9%
1Y
146.6%
PZ
₦39.60
PZ Cussons Nigeria
7D
-2.6%
1Y
79.6%
HONYFLOUR
₦18.45
Honeywell Flour Mills
7D
-7.8%
1Y
270.5%
ELLAHLAKES
₦12.75
Ellah Lakes
7D
2.0%
1Y
275.0%

Ellah Lakes Plc Public Offer – Transformational Growth through Strategic Expansion

Pioneering Nigeria’s Integrated Agribusiness Future Overview Founded in 1980 , Ellah Lakes Plc stands as a leading Nigerian agribusiness enterprise , pioneering large-scale, sustainable agricultural development across the country. The company is strategically positioned in the cultivation and processing of oil palm, cassava, soybean, maize, rice, and livestock , all of which are central to Nigeria’s food security and industrial raw material supply chains.
INTBREW
₦12.00
International Breweries
7D
0.4%
1Y
200.0%
MCNICHOLS
₦2.57
McNichols
7D
-14.9%
1Y
81.0%
LIVESTOCK
₦6.55
Livestock Feeds
7D
-7.7%
1Y
79.5%
UACN
₦68.30
UAC of Nigeria
7D
13.8%
1Y
194.4%
GUINNESS
₦167.00
Guinness Nigeria
7D
0.6%
1Y
156.9%