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Nigerian (NSE) Brewers Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies5
  • 7D1.8%
  • 3M10.9%
  • 1Y189.2%
  • YTDn/a

The Brewers industry is up 1.8% in the last week, with Nigerian Breweries up 6.7%. This means that the industry has gained 189% over the past year. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Jan 2026₦6.0t₦2.6t₦195.3b36.3x30.7x2.3x
Thu, 11 Dec 2025₦4.8t₦2.6t₦195.3b29.5x24.5x1.8x
Sat, 08 Nov 2025₦4.6t₦2.6t₦195.3b29.2x23.6x1.8x
Mon, 06 Oct 2025₦5.2t₦2.1t₦73.4b62.2x70.5x2.5x
Wed, 03 Sep 2025₦4.6t₦2.1t₦73.4b49.5x62.5x2.2x
Fri, 01 Aug 2025₦5.1t₦2.0t-₦3,419,071,819.0037.2x-1490.9x2.6x
Sun, 29 Jun 2025₦4.5t₦2.3t-₦55,864,246,819.0024.1x-79.9x2x
Tue, 27 May 2025₦3.5t₦2.3t-₦55,864,246,819.0019.6x-63.2x1.5x
Thu, 24 Apr 2025₦2.4t₦1.8t-₦161,049,931,819.0043.8x-14.6x1.3x
Sat, 22 Mar 2025₦1.9t₦1.5t-₦298,365,237,819.0041.6x-6.5x1.3x
Mon, 17 Feb 2025₦999.9b₦437.9b-₦153,937,998,819.0071.4x-6.5x2.3x
Wed, 15 Jan 2025₦905.0b₦437.9b-₦153,937,998,819.0081x-5.9x2.1x
Fri, 13 Dec 2024₦716.0b₦437.9b-₦153,937,998,819.0074.3x-4.7x1.6x
Sun, 10 Nov 2024₦707.9b₦437.8b-₦153,943,752,686.0065.9x-4.6x1.6x
Tue, 08 Oct 2024₦74.2t₦387.0b-₦142,828,262,686.00n/a-519.8x191.8x
Thu, 05 Sep 2024₦80.8t₦387.0b-₦142,828,262,686.00n/a-565.8x208.8x
Sat, 03 Aug 2024₦145.2b₦386.9b-₦142,702,346,000.00n/a-1x0.4x
Mon, 01 Jul 2024₦34.5b₦13.5b-₦356,699,000.00n/a-96.7x2.6x
Wed, 29 May 2024₦30.0b₦13.5b-₦356,699,000.00n/a-84.1x2.2x
Fri, 26 Apr 2024₦554.8b₦1.1t-₦192,830,650,000.0077.8x-2.9x0.5x
Sun, 24 Mar 2024₦568.4b₦1.1t-₦193,662,594,883.00118.4x-2.9x0.5x
Tue, 20 Feb 2024₦641.4b₦1.1t-₦146,118,187,883.00109.9x-4.4x0.6x
Thu, 18 Jan 2024₦748.5b₦1.0t-₦124,915,316,883.00120.3x-6x0.7x
Sat, 16 Dec 2023₦687.7b₦1.0t-₦124,915,316,883.00113.4x-5.5x0.7x
Mon, 13 Nov 2023₦685.1b₦1.0t-₦124,915,316,883.00113.4x-5.5x0.7x
Wed, 11 Oct 2023₦728.9b₦1.0t-₦117,048,196,883.0049.1x-6.2x0.7x
Fri, 08 Sep 2023₦682.6b₦1.0t-₦117,048,196,883.0047.9x-5.8x0.7x
Sun, 06 Aug 2023₦713.2b₦1.0t-₦117,048,338,883.0049.4x-6.1x0.7x
Tue, 04 Jul 2023₦821.1b₦983.9b-₦28,683,576,883.0028.2x-28.6x0.8x
Thu, 01 Jun 2023₦753.2b₦983.9b-₦28,683,576,883.0022.6x-26.3x0.8x
Sat, 29 Apr 2023₦655.9b₦1.0t-₦1,329,409,883.0024.6x-493.3x0.7x
Mon, 27 Mar 2023₦699.8b₦994.2b₦18.5b23.9x37.9x0.7x
Wed, 22 Feb 2023₦733.7b₦965.1b₦24.5b21.9x30x0.8x
Fri, 20 Jan 2023₦794.0b₦961.1b₦28.0b24.3x28.4x0.8x
Price to Earnings Ratio

28.4x


Total Market Cap: ₦794.0bTotal Earnings: ₦28.0bTotal Revenue: ₦961.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Brewers Industry Price to Earnings3Y Average -54.3x202420252026
Current Industry PE
  • Investors are optimistic on the Nigerian Brewers industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.7x which is higher than its 3-year average PE of -54.3x.
  • The 3-year average PS ratio of 14.5x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Brewers industry have grown 91% 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 Comparison

How does Nigerian Brewers compare with similar industries?

NG Market2.61%
Consumer Staples2.07%
Beverage1.83%
Brewers1.83%
Soft Drinks0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NB Nigerian Breweries₦86.2510.6%
+₦255.6b
169.5%PE29.6x
INTBREW International Breweries₦15.003.1%
+₦75.7b
194.1%PE44.3x
CHAMPION Champion Breweries₦16.107.3%
+₦9.8b
278.8%PE50.7x

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