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Nigerian (NSE) Beverage Industry Analysis

UpdatedNov 04, 2025
DataAggregated Company Financials
Companies6
  • 7D-3.4%
  • 3M-1.5%
  • 1Y191.4%
  • YTD136.8%

Over the last 7 days, the Beverage industry has dropped 3.4%, driven by International Breweries declining 7.6%. This takes the industry's 12 month performance to a gain of 191%. Earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Nov 2025₦5.0t₦2.6t₦195.3b32x25.6x1.9x
Thu, 02 Oct 2025₦5.1t₦2.1t₦73.4b62.2x69x2.5x
Sat, 30 Aug 2025₦4.8t₦2.1t₦73.4b53.1x64.7x2.3x
Mon, 28 Jul 2025₦5.1t₦1.9t-₦61,721,713,819.0032.7x-83.3x2.7x
Wed, 25 Jun 2025₦4.1t₦2.3t-₦55,864,246,819.0024.1x-73.8x1.8x
Fri, 23 May 2025₦3.6t₦2.3t-₦55,864,246,819.0019.2x-64.2x1.6x
Sun, 20 Apr 2025₦2.1t₦1.6t-₦257,692,552,819.0041.1x-8.1x1.3x
Tue, 18 Mar 2025₦1.9t₦1.5t-₦298,365,237,819.0044.4x-6.4x1.3x
Thu, 13 Feb 2025₦983.8b₦437.9b-₦153,937,998,819.0070.5x-6.4x2.2x
Sat, 11 Jan 2025₦939.0b₦437.9b-₦153,937,998,819.0081x-6.1x2.1x
Mon, 09 Dec 2024₦713.5b₦437.9b-₦153,937,998,819.0073.5x-4.6x1.6x
Wed, 06 Nov 2024₦67.4t₦437.8b-₦153,943,752,686.0065.9x-437.5x153.8x
Fri, 04 Oct 2024₦74.2t₦387.0b-₦142,828,262,686.00n/a-519.8x191.8x
Sun, 01 Sep 2024₦82.5t₦387.0b-₦142,828,262,686.00n/a-577.6x213.1x
Tue, 30 Jul 2024₦33.1b₦15.5b-₦45,171,000.00n/a-732.5x2.1x
Thu, 27 Jun 2024₦36.9b₦13.9b-₦498,308,000.00n/a-74.1x2.6x
Sat, 25 May 2024₦128.4b₦278.2b-₦59,965,683,000.00n/a-2.1x0.5x
Mon, 22 Apr 2024₦559.3b₦1.1t-₦192,972,259,000.0071.8x-2.9x0.5x
Wed, 20 Mar 2024₦567.4b₦1.1t-₦193,804,203,883.00118.4x-2.9x0.5x
Fri, 16 Feb 2024₦677.4b₦1.1t-₦146,259,796,883.00110.8x-4.6x0.6x
Sun, 14 Jan 2024₦698.0b₦1.0t-₦125,056,925,883.00124.4x-5.6x0.7x
Tue, 12 Dec 2023₦682.1b₦1.0t-₦125,056,925,883.00113.4x-5.5x0.7x
Thu, 09 Nov 2023₦682.9b₦1.0t-₦125,056,925,883.00113.4x-5.5x0.7x
Sat, 07 Oct 2023₦702.1b₦1.0t-₦117,189,805,883.0049.1x-6x0.7x
Mon, 04 Sep 2023₦690.0b₦1.0t-₦117,189,805,883.0047.9x-5.9x0.7x
Wed, 02 Aug 2023₦654.0b₦993.1b-₦54,278,606,883.0050.2x-12x0.7x
Fri, 30 Jun 2023₦804.3b₦984.4b-₦28,825,185,883.0026.1x-27.9x0.8x
Sun, 28 May 2023₦714.5b₦984.4b-₦28,825,185,883.0022.6x-24.8x0.7x
Tue, 25 Apr 2023₦687.0b₦998.3b₦3.1b21.9x218.4x0.7x
Thu, 23 Mar 2023₦708.6b₦994.7b₦18.3b23.9x38.7x0.7x
Sat, 18 Feb 2023₦731.4b₦965.5b₦24.4b21.9x30x0.8x
Mon, 16 Jan 2023₦808.7b₦961.6b₦27.9b23.9x29x0.8x
Wed, 14 Dec 2022₦694.9b₦961.6b₦27.9b18.3x24.9x0.7x
Fri, 11 Nov 2022₦607.9b₦959.0b₦30.5b16.4x19.9x0.6x
Price to Earnings Ratio

19.9x


Total Market Cap: ₦607.9bTotal Earnings: ₦30.5bTotal Revenue: ₦959.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Beverage Industry Price to Earnings3Y Average -53.4x202320242025
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 industry is trading at a PE ratio of 25.6x which is higher than its 3-year average PE of -53.4x.
  • The 3-year average PS ratio of 14.4x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have grown 86% per year over the last three years.
  • Revenues for these companies have grown 40% 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 industry?

NG Market-1.39%
Consumer Staples-1.15%
Beverage-3.44%
Soft Drinks0%0
Brewers-3.44%
Industry PE
  • Investors are most optimistic about the Brewers industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 33.1%, which is lower than the prior year's growth of 504.8% per year.
  • Investors are most pessimistic about the Brewers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 33% over the next 5 years.
  • In contrast, the Brewers industry is expected to see its earnings grow by 33% 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
CHAMPION Champion Breweries₦15.950.3%
+₦447.4m
361.0%PE50.2x