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Nigerian (NSE) Consumer Staples Sector Analysis

UpdatedDec 16, 2025
DataAggregated Company Financials
Companies21
  • 7D0.9%
  • 3M7.7%
  • 1Y107.5%
  • YTD92.8%

Over the last 7 days, the Consumer Staples industry has remained flat, although notably Guinness Nigeria gained 21%. As for the the longer term, the industry is up 108% over the past 12 months. Looking forward, earnings are forecast to grow by 36% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Dec 2025₦22.0t₦7.0t₦930.1b21.1x23.6x3.1x
Thu, 13 Nov 2025₦21.3t₦7.0t₦930.2b19.4x22.9x3x
Sat, 11 Oct 2025₦21.2t₦6.3t₦669.3b16.9x31.7x3.4x
Mon, 08 Sep 2025₦19.6t₦6.3t₦669.3b17x29.3x3.1x
Wed, 06 Aug 2025₦19.4t₦6.3t₦668.9b23.2x29x3.1x
Fri, 04 Jul 2025₦16.7t₦6.2t₦338.4b14.9x49.3x2.7x
Sun, 01 Jun 2025₦14.5t₦6.1t₦333.8b14.8x43.3x2.4x
Tue, 29 Apr 2025₦12.9t₦5.8t₦86.0b12.7x149.9x2.2x
Thu, 27 Mar 2025₦11.8t₦4.9t-₦20,522,744,704.0012.7x-575.5x2.4x
Sat, 22 Feb 2025₦11.5t₦4.2t₦168.0b11.4x68.4x2.7x
Mon, 20 Jan 2025₦9.9t₦2.8t₦188.5b12.9x52.7x3.6x
Wed, 18 Dec 2024₦9.4t₦5.8t₦217.1b8.9x43.5x1.6x
Fri, 15 Nov 2024₦9.3t₦5.8t₦216.9b9.7x42.7x1.6x
Sun, 13 Oct 2024₦76.7t₦5.0t₦143.6b11.2x534.3x15.4x
Tue, 10 Sep 2024₦87.6t₦5.0t₦143.6b9.2x610.4x17.6x
Thu, 08 Aug 2024₦8.3t₦5.0t₦144.7b9.4x57.1x1.7x
Sat, 06 Jul 2024₦8.0t₦4.1t₦217.2b10.9x36.9x2x
Mon, 03 Jun 2024₦7.9t₦3.8t₦235.8b8.9x33.3x2.1x
Wed, 01 May 2024₦8.3t₦4.1t₦84.0b9.4x99.2x2x
Fri, 29 Mar 2024₦9.0t₦5.0t-₦50,047,613,436.0011x-179.4x1.8x
Sun, 25 Feb 2024₦9.2t₦4.9t₦25.8b14.7x356.3x1.9x
Tue, 23 Jan 2024₦7.3t₦4.7t₦67.8b14.9x107.7x1.6x
Thu, 21 Dec 2023₦5.9t₦4.7t₦61.8b12.6x95.6x1.3x
Sat, 18 Nov 2023₦6.1t₦4.7t₦61.8b12.2x98.1x1.3x
Mon, 16 Oct 2023₦6.1t₦4.4t₦116.9b15.7x51.9x1.4x
Wed, 13 Sep 2023₦5.6t₦4.4t₦116.9b15.9x47.9x1.3x
Fri, 11 Aug 2023₦4.5t₦4.2t₦163.2b11.8x27.3x1.1x
Sun, 09 Jul 2023₦5.5t₦4.6t₦256.1b13.6x21.4x1.2x
Tue, 06 Jun 2023₦5.1t₦4.6t₦253.4b12.9x20.2x1.1x
Thu, 04 May 2023₦4.5t₦4.5t₦278.9b12.6x16x1x
Sat, 01 Apr 2023₦4.3t₦4.5t₦282.8b12.9x15.2x1x
Mon, 27 Feb 2023₦4.0t₦4.4t₦254.3b12.9x15.9x0.9x
Wed, 25 Jan 2023₦3.8t₦4.2t₦261.1b11.4x14.6x0.9x
Fri, 23 Dec 2022₦3.5t₦4.2t₦252.0b11.3x13.7x0.8x
Price to Earnings Ratio

13.7x


Total Market Cap: ₦3.5tTotal Earnings: ₦252.0bTotal Revenue: ₦4.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Consumer Staples Sector Price to Earnings3Y Average 55.3x202320242025
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 23.6x which is lower than its 3-year average PE of 55.3x.
  • 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 55% 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 Market1.60%
Consumer Staples0.90%
Beverage4.45%
Household Products0.19%
Food and Staples Retail0%0
Food-0.11%
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 32.6%, 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 53% 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 27% 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
GUINNESS Guinness Nigeria₦263.4033.0%
+₦143.3b
305.2%PE12.7x
DANGSUGAR Dangote Sugar Refinery₦60.0010.7%
+₦70.5b
71.4%PS0.9x
INTBREW International Breweries₦11.803.5%
+₦67.3b
159.3%PE34.8x
NB Nigerian Breweries₦76.702.3%
+₦52.7b
173.9%PE26.3x
PZ PZ Cussons Nigeria₦47.0014.6%
+₦23.8b
104.3%PE6.9x

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