Header cover image

Nigerian (NSE) Beverage Industry Analysis

UpdatedJun 07, 2025
DataAggregated Company Financials
Companies6
  • 7D6.2%
  • 3M86.1%
  • 1Y133.5%
  • YTD83.6%

All of the companies in the Beverage industry have been up over the last week, with the industry up 5.8%. This means that the industry has gained 132% over the past year. As for the next few years, earnings are expected to grow by 30% per annum.

Industry Valuation and Performance

Has the Nigerian Beverage Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Jun 2025₦3.9t₦2.3t-₦55,864,246,819.0020.4x-69.5x1.7x
Mon, 05 May 2025₦3.0t₦2.3t-₦55,864,246,819.0014.1x-53.6x1.3x
Wed, 02 Apr 2025₦2.0t₦1.5t-₦298,365,237,819.0044.8x-6.6x1.3x
Fri, 28 Feb 2025₦2.0t₦1.5t-₦298,712,483,819.0075.1x-6.8x1.3x
Sun, 26 Jan 2025₦919.2b₦437.9b-₦153,937,998,819.0074.5x-6x2.1x
Tue, 24 Dec 2024₦972.1b₦437.9b-₦153,937,998,819.0079.6x-6.3x2.2x
Thu, 21 Nov 2024₦710.4b₦437.9b-₦153,937,998,819.0070.5x-4.6x1.6x
Sat, 19 Oct 2024₦72.9t₦388.9b-₦142,313,342,686.0065.1x-512.3x187.5x
Mon, 16 Sep 2024₦78.6t₦387.0b-₦142,828,262,686.00n/a-550.5x203.1x
Wed, 14 Aug 2024₦154.3b₦387.0b-₦142,828,262,686.00n/a-1.1x0.4x
Fri, 12 Jul 2024₦30.9b₦13.5b-₦356,699,000.00n/a-86.7x2.3x
Sun, 09 Jun 2024₦30.4b₦13.9b-₦498,308,000.00n/a-61x2.2x
Tue, 07 May 2024₦149.2b₦278.2b-₦59,965,683,000.00n/a-2.5x0.5x
Thu, 04 Apr 2024₦560.7b₦1.1t-₦193,094,177,000.00117.1x-2.9x0.5x
Sat, 02 Mar 2024₦607.6b₦1.1t-₦193,804,203,883.00118.4x-3.1x0.5x
Mon, 29 Jan 2024₦728.3b₦1.1t-₦134,162,404,883.00119.7x-5.4x0.7x
Wed, 27 Dec 2023₦655.3b₦1.0t-₦125,056,925,883.00111.8x-5.2x0.6x
Fri, 24 Nov 2023₦688.3b₦1.0t-₦125,056,925,883.00110.2x-5.5x0.7x
Sun, 22 Oct 2023₦687.4b₦1.0t-₦117,189,805,883.0050.8x-5.9x0.7x
Tue, 19 Sep 2023₦711.7b₦1.0t-₦117,189,805,883.0047.2x-6.1x0.7x
Thu, 17 Aug 2023₦721.7b₦1.0t-₦117,189,805,883.0049.4x-6.2x0.7x
Sat, 15 Jul 2023₦735.4b₦984.4b-₦28,825,185,883.0021.8x-25.5x0.7x
Mon, 12 Jun 2023₦743.4b₦984.4b-₦28,825,185,883.0022.4x-25.8x0.8x
Wed, 10 May 2023₦642.1b₦984.4b-₦28,825,185,883.0023.1x-22.3x0.7x
Fri, 07 Apr 2023₦684.0b₦994.7b₦18.3b24.8x37.3x0.7x
Sun, 05 Mar 2023₦744.0b₦965.5b₦24.4b22.1x30.5x0.8x
Tue, 31 Jan 2023₦746.8b₦965.5b₦24.4b22.4x30.6x0.8x
Thu, 29 Dec 2022₦706.2b₦961.6b₦27.9b20.1x25.3x0.7x
Sat, 26 Nov 2022₦684.5b₦961.6b₦27.5b17x24.9x0.7x
Mon, 24 Oct 2022₦678.3b₦934.1b₦36.5b14.6x18.6x0.7x
Wed, 21 Sep 2022₦753.5b₦934.1b₦36.5b16.8x20.6x0.8x
Fri, 19 Aug 2022₦736.8b₦934.2b₦36.5b16.4x20.2x0.8x
Sun, 17 Jul 2022₦844.5b₦888.2b₦19.6b22.7x43.1x1x
Tue, 14 Jun 2022₦934.4b₦888.2b₦19.6b21.7x47.7x1.1x
Price to Earnings Ratio

47.7x


Total Market Cap: ₦934.4bTotal Earnings: ₦19.6bTotal Revenue: ₦888.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Beverage Industry Price to Earnings3Y Average -45.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Nigerian Beverage industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 14.2x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Beverage industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 37% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Nigerian Consumer Staples industry?

NG Market1.60%
Consumer Staples1.49%
Beverage6.17%
Brewers6.17%
Soft Drinks0%0
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 30% over the next 5 years.
    • In contrast, the Brewers industry is expected to see its earnings grow by 30% 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
    INTBREW International Breweries₦10.9512.9%
    +₦210.4b
    173.8%PS3.3x
    GUINNESS Guinness Nigeria₦90.004.7%
    +₦8.8b
    78.0%PE14.5x
    CHAMPION Champion Breweries₦7.7013.2%
    +₦8.1b
    156.7%PE26.2x
    Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

    Latest News

    GUINNESS

    ₦90.00

    Guinness Nigeria

    7D

    4.7%

    1Y

    78.0%

    CHAMPION

    ₦7.70

    Champion Breweries

    7D

    13.2%

    1Y

    156.7%

    INTBREW

    ₦10.95

    International Breweries

    7D

    12.9%

    1Y

    173.8%

    NB

    ₦56.95

    Nigerian Breweries

    7D

    -0.09%

    1Y

    108.2%