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Nigerian (NSE) Beverage Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.0%
  • 3M-21.5%
  • 1Y-20.3%
  • YTD-20.2%

Over the last 7 days, the Beverage industry has dropped 2.4%, driven by pullbacks from every company within the industry. Overall the industry is down 20% in 12 months. Earnings are forecast to grow by 78% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Apr 2024₦548.0b₦1.1t-₦192,972,259,000.0071x-2.8x0.5x
Mon, 11 Mar 2024₦538.9b₦1.1t-₦193,804,203,883.00118.4x-2.8x0.5x
Wed, 07 Feb 2024₦699.4b₦1.1t-₦146,259,796,883.00119.3x-4.8x0.6x
Fri, 05 Jan 2024₦681.3b₦1.0t-₦125,056,925,883.00126x-5.4x0.6x
Sun, 03 Dec 2023₦676.5b₦1.0t-₦125,056,925,883.00110.2x-5.4x0.6x
Tue, 31 Oct 2023₦677.3b₦1.0t-₦122,952,069,883.0053x-5.5x0.7x
Thu, 28 Sep 2023₦714.8b₦1.0t-₦117,189,805,883.0052.3x-6.1x0.7x
Sat, 26 Aug 2023₦673.2b₦1.0t-₦117,189,805,883.0045.3x-5.7x0.7x
Mon, 24 Jul 2023₦771.8b₦983.8b-₦29,475,961,883.0028.6x-26.2x0.8x
Wed, 21 Jun 2023₦791.6b₦984.4b-₦28,825,185,883.0023.4x-27.5x0.8x
Fri, 19 May 2023₦707.9b₦984.4b-₦28,825,185,883.0022x-24.6x0.7x
Sun, 16 Apr 2023₦687.6b₦999.0b₦3.2b24x217x0.7x
Tue, 14 Mar 2023₦740.6b₦994.7b₦18.3b22.9x40.4x0.7x
Thu, 09 Feb 2023₦730.7b₦965.5b₦24.4b22.4x30x0.8x
Sat, 07 Jan 2023₦799.3b₦961.6b₦27.9b22.6x28.7x0.8x
Mon, 05 Dec 2022₦657.4b₦961.6b₦27.9b17x23.6x0.7x
Wed, 02 Nov 2022₦664.2b₦959.2b₦30.3b16.1x21.9x0.7x
Fri, 30 Sep 2022₦727.1b₦934.1b₦36.5b16.8x19.9x0.8x
Sun, 28 Aug 2022₦728.5b₦934.2b₦36.5b16.4x19.9x0.8x
Tue, 26 Jul 2022₦783.6b₦888.2b₦19.6b22x40x0.9x
Thu, 23 Jun 2022₦890.6b₦888.2b₦19.6b20.1x45.5x1x
Sat, 21 May 2022₦1.1t₦888.0b₦20.0b21.8x54x1.2x
Mon, 18 Apr 2022₦665.7b₦828.7b₦6.1b16.9x109.6x0.8x
Wed, 16 Mar 2022₦661.5b₦777.3b₦1.5b17.7x438.9x0.9x
Fri, 11 Feb 2022₦658.1b₦751.2b-₦2,845,086,371.0023.9x-231.3x0.9x
Sun, 09 Jan 2022₦626.3b₦731.5b-₦7,147,669,517.0025x-87.6x0.9x
Tue, 07 Dec 2021₦610.4b₦731.4b-₦7,258,627,517.0027.6x-84.1x0.8x
Thu, 04 Nov 2021₦687.8b₦731.4b-₦7,264,716,517.0029.9x-94.7x0.9x
Sat, 02 Oct 2021₦611.2b₦695.5b-₦11,543,048,517.0042.1x-53x0.9x
Mon, 30 Aug 2021₦650.3b₦660.5b-₦11,517,534,517.0046.1x-56.5x1x
Tue, 06 Jul 2021₦703.2b₦660.5b-₦11,517,534,517.0050.4x-61.1x1.1x
Price to Earnings Ratio

-26.1x


Total Market Cap: ₦655.5bTotal Earnings: -₦25,127,046,517.00Total Revenue: ₦622.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Beverage Industry Price to Earnings3Y Average -13.7x202220232024
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 close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 22% 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 caused losses to expand.

Industry Trends

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

NG Market-1.37%
Consumer Staples-1.18%
Beverage-2.00%
Distillers and Wine Makers0%
Soft Drinks0%
Brewers-2.00%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 78% over the next 5 years.
    • This is better than its past earnings decline of 77% per year.
    • In contrast, the Brewers industry is expected to see its earnings grow by 78% 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₦50.000.8%
    +₦876.2m
    -28.6%PS0.4x
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    Latest News

    CHAMPION

    ₦3.36

    Champion Breweries

    7D

    -9.7%

    1Y

    -31.8%

    NB

    ₦28.00

    Nigerian Breweries

    7D

    -3.1%

    1Y

    -23.0%

    GUINNESS

    ₦50.00

    Guinness Nigeria

    7D

    0.8%

    1Y

    -28.6%