Nigerian (NSE) Consumer Staples Sector Analysis

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
Sun, 27 Nov 2022	₦3.4t	₦4.2t	₦247.4b	11.3x	13.7x	0.8x
Tue, 25 Oct 2022	₦3.5t	₦3.9t	₦261.3b	10.1x	13.5x	0.9x
Thu, 22 Sep 2022	₦3.7t	₦4.0t	₦266.1b	10.9x	14.1x	0.9x
Sat, 20 Aug 2022	₦3.7t	₦4.0t	₦265.3b	10.8x	14x	0.9x
Mon, 18 Jul 2022	₦3.8t	₦3.7t	₦234.2b	15.2x	16.3x	1x
Wed, 15 Jun 2022	₦4.1t	₦3.6t	₦236.2b	16.3x	17.3x	1.1x
Fri, 13 May 2022	₦4.3t	₦3.6t	₦235.8b	18.8x	18.2x	1.2x
Sun, 10 Apr 2022	₦3.6t	₦3.4t	₦216.3b	14.4x	16.7x	1.1x
Tue, 08 Mar 2022	₦3.7t	₦3.4t	₦209.8b	12.6x	17.7x	1.1x
Thu, 03 Feb 2022	₦3.8t	₦3.3t	₦213.5b	12.4x	17.7x	1.2x
Sat, 01 Jan 2022	₦2.5t	₦2.8t	₦116.6b	13.9x	21.5x	0.9x
Mon, 29 Nov 2021	₦2.5t	₦2.8t	₦115.6b	13.1x	21.6x	0.9x
Wed, 27 Oct 2021	₦2.5t	₦2.7t	₦118.1b	13.9x	21.6x	1x
Fri, 24 Sep 2021	₦2.4t	₦2.6t	₦114.0b	13.2x	21.5x	0.9x
Sun, 22 Aug 2021	₦2.5t	₦2.6t	₦114.9b	13.8x	21.6x	1x
Fri, 09 Jul 2021	₦2.7t	₦2.6t	₦114.9b	11.9x	23.1x	1x
Thu, 01 Apr 2021	₦2.4t	₦2.4t	₦88.7b	14.6x	27.1x	1x
Sun, 03 Jan 2021	₦2.5t	₦2.2t	₦71.5b	9.6x	35.3x	1.1x
Wed, 07 Oct 2020	₦2.0t	₦2.2t	₦65.6b	10.3x	30.5x	0.9x
Tue, 30 Jun 2020	₦2.0t	₦2.0t	₦44.4b	10.7x	44.1x	1x
Fri, 03 Apr 2020	₦1.4t	₦2.0t	₦74.7b	11.9x	19.3x	0.7x
Mon, 06 Jan 2020	₦2.3t	₦1.9t	₦103.1b	15.6x	22.3x	1.2x

Current Industry PE

Investors are pessimistic on the Nigerien 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 13.7x which is lower than its 3-year average PE of 24.6x.

The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.81x.

Past Earnings Growth

The earnings for companies in the Consumer Staples industry have grown 29% per year over the last three years.
Revenues for these companies have grown 31% 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?

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 35.2%, which is lower than the prior year's growth of 118.9% per year.

Investors are most pessimistic about the Food industry, which is trading below its 3-year average of 14.4x.

Forecasted Growth

Analysts are most optimistic on the Household Products industry, expecting annual earnings growth of 118% over the next 5 years.
However this is lower than its past earnings growth rate of 250% per year.

In contrast, the Food industry is expected to see its earnings grow by 14% 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	₦63.40	11.2% +₦115.2b	n/a	PE14.3x
NB Nigerian Breweries	₦48.95	18.7% +₦63.3b	5.3%	PE21.4x
GUINNESS Guinness Nigeria	₦63.00	4.1% +₦5.5b	72.1%	PE9.6x
DANGSUGAR Dangote Sugar Refinery	₦16.25	2.5% +₦4.9b	-1.2%	PE6.3x
PZ PZ Cussons Nigeria	₦9.50	10.5% +₦3.6b	55.7%	PE5.8x

Oct 28

Sector Valuation and Performance