Nigerian (NSE) Beverage Industry Analysis
UpdatedMar 16, 2023
DataAggregated Company Financials
Companies6
- 7D-0.5%
- 3M6.3%
- 1Y9.6%
- YTD-1.0%
The Beverage industry has been flat over the last week, but International Breweries has lost 4.1%. As for the the longer term, the industry is up 9.6% over the past 12 months. As for the next few years, earnings are expected to grow by 54% per annum.
Industry Valuation and Performance
Has the Nigerian Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 Mar 2023 | ₦737.4b | ₦994.7b | ₦18.3b | 22.9x | 40.2x | 0.7x |
| Sun, 12 Feb 2023 | ₦714.2b | ₦965.5b | ₦24.4b | 21.7x | 29.3x | 0.7x |
| Tue, 10 Jan 2023 | ₦797.3b | ₦961.6b | ₦27.9b | 23.4x | 28.6x | 0.8x |
| Thu, 08 Dec 2022 | ₦678.7b | ₦961.6b | ₦27.9b | 18.3x | 24.3x | 0.7x |
| Sat, 05 Nov 2022 | ₦649.3b | ₦959.2b | ₦30.3b | 16.8x | 21.4x | 0.7x |
| Mon, 03 Oct 2022 | ₦742.6b | ₦934.1b | ₦36.5b | 16.8x | 20.3x | 0.8x |
| Wed, 31 Aug 2022 | ₦717.4b | ₦934.2b | ₦36.5b | 15.9x | 19.6x | 0.8x |
| Fri, 29 Jul 2022 | ₦754.4b | ₦888.2b | ₦19.6b | 21.2x | 38.5x | 0.8x |
| Sun, 26 Jun 2022 | ₦874.4b | ₦888.2b | ₦19.6b | 22.1x | 44.7x | 1x |
| Tue, 24 May 2022 | ₦1.1t | ₦888.0b | ₦20.0b | 23x | 54.3x | 1.2x |
| Thu, 21 Apr 2022 | ₦716.7b | ₦828.7b | ₦6.1b | 17.3x | 118x | 0.9x |
| Sat, 19 Mar 2022 | ₦657.4b | ₦777.3b | ₦1.5b | 17.7x | 436.2x | 0.8x |
| Mon, 14 Feb 2022 | ₦677.1b | ₦751.2b | -₦2,845,086,371.00 | 22.5x | -238x | 0.9x |
| Wed, 12 Jan 2022 | ₦626.3b | ₦731.5b | -₦7,147,669,517.00 | 25x | -87.6x | 0.9x |
| Fri, 10 Dec 2021 | ₦612.0b | ₦731.4b | -₦7,258,627,517.00 | 27.2x | -84.3x | 0.8x |
| Sun, 07 Nov 2021 | ₦677.1b | ₦731.4b | -₦7,257,997,517.00 | 29.8x | -93.3x | 0.9x |
| Tue, 05 Oct 2021 | ₦610.9b | ₦695.5b | -₦11,543,048,517.00 | 42.1x | -52.9x | 0.9x |
| Thu, 02 Sep 2021 | ₦593.7b | ₦660.5b | -₦11,517,534,517.00 | 40.3x | -51.5x | 0.9x |
| Sat, 31 Jul 2021 | ₦684.5b | ₦660.5b | -₦11,517,534,517.00 | 48.3x | -59.4x | 1x |
| Tue, 04 May 2021 | ₦655.5b | ₦622.3b | -₦25,127,046,517.00 | 59.9x | -26.1x | 1.1x |
| Fri, 05 Feb 2021 | ₦732.1b | ₦583.9b | -₦29,374,805,557.00 | 110.9x | -24.9x | 1.3x |
| Mon, 09 Nov 2020 | ₦659.2b | ₦567.4b | -₦24,876,641,557.00 | 38.6x | -26.5x | 1.2x |
| Sun, 02 Aug 2020 | ₦373.6b | ₦540.8b | -₦34,726,948,557.00 | 36.9x | -10.8x | 0.7x |
| Wed, 06 May 2020 | ₦422.0b | ₦589.3b | -₦13,465,002,947.00 | 17.7x | -31.3x | 0.7x |
Price to Earnings Ratio
-29.7x
Current Industry PE
- Investors are optimistic on the Nigerien Beverage industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 40.4x which is higher than its 3-year average PE of -22.5x.
- The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
- Total earnings for the Beverage industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 19% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Nigerian Consumer Staples industry?
| NG Market | -0.67% | |
| Consumer Staples | 1.44% | |
| Beverage | -0.52% | |
| Distillers and Wine Makers | 0% | |
| Soft Drinks | 0% | |
| Brewers | -0.52% | |
Industry PE
- Investors are most optimistic about the Brewers industry which is trading above its 3-year average PE ratio of 3.3x.
- Analysts are expecting annual earnings growth of 54.1%, which is higher than its past year's earnings growth of 4.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 54% over the next 5 years.
- This is better than its past earnings growth rate of 4.4% per year.
- In contrast, the Brewers industry is expected to see its earnings grow by 54% 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 | |
|---|---|---|---|---|---|
| GUINNESS Guinness Nigeria | ₦70.00 | 1.4% +₦2.2b | 7.7% | PE14.1x |