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Nigerian (NSE) Beverage Industry Analysis

UpdatedMar 16, 2023
DataAggregated Company Financials
  • 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 Mar 2023₦737.4b₦994.7b₦18.3b22.9x40.2x0.7x
Sun, 12 Feb 2023₦714.2b₦965.5b₦24.4b21.7x29.3x0.7x
Tue, 10 Jan 2023₦797.3b₦961.6b₦27.9b23.4x28.6x0.8x
Thu, 08 Dec 2022₦678.7b₦961.6b₦27.9b18.3x24.3x0.7x
Sat, 05 Nov 2022₦649.3b₦959.2b₦30.3b16.8x21.4x0.7x
Mon, 03 Oct 2022₦742.6b₦934.1b₦36.5b16.8x20.3x0.8x
Wed, 31 Aug 2022₦717.4b₦934.2b₦36.5b15.9x19.6x0.8x
Fri, 29 Jul 2022₦754.4b₦888.2b₦19.6b21.2x38.5x0.8x
Sun, 26 Jun 2022₦874.4b₦888.2b₦19.6b22.1x44.7x1x
Tue, 24 May 2022₦1.1t₦888.0b₦20.0b23x54.3x1.2x
Thu, 21 Apr 2022₦716.7b₦828.7b₦6.1b17.3x118x0.9x
Sat, 19 Mar 2022₦657.4b₦777.3b₦1.5b17.7x436.2x0.8x
Mon, 14 Feb 2022₦677.1b₦751.2b-₦2,845,086,371.0022.5x-238x0.9x
Wed, 12 Jan 2022₦626.3b₦731.5b-₦7,147,669,517.0025x-87.6x0.9x
Fri, 10 Dec 2021₦612.0b₦731.4b-₦7,258,627,517.0027.2x-84.3x0.8x
Sun, 07 Nov 2021₦677.1b₦731.4b-₦7,257,997,517.0029.8x-93.3x0.9x
Tue, 05 Oct 2021₦610.9b₦695.5b-₦11,543,048,517.0042.1x-52.9x0.9x
Thu, 02 Sep 2021₦593.7b₦660.5b-₦11,517,534,517.0040.3x-51.5x0.9x
Sat, 31 Jul 2021₦684.5b₦660.5b-₦11,517,534,517.0048.3x-59.4x1x
Tue, 04 May 2021₦655.5b₦622.3b-₦25,127,046,517.0059.9x-26.1x1.1x
Fri, 05 Feb 2021₦732.1b₦583.9b-₦29,374,805,557.00110.9x-24.9x1.3x
Mon, 09 Nov 2020₦659.2b₦567.4b-₦24,876,641,557.0038.6x-26.5x1.2x
Sun, 02 Aug 2020₦373.6b₦540.8b-₦34,726,948,557.0036.9x-10.8x0.7x
Wed, 06 May 2020₦422.0b₦589.3b-₦13,465,002,947.0017.7x-31.3x0.7x
Price to Earnings Ratio


Total Market Cap: ₦399.4bTotal Earnings: -₦13,465,002,947.00Total Revenue: ₦589.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Beverage Industry Price to Earnings3Y Average -22.4x202120222023
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 Staples1.44%
Distillers and Wine Makers0%
Soft Drinks0%
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?

CompanyLast Price7D1YValuation
GUINNESS Guinness Nigeria₦70.001.4%
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