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Nigerian (NSE) Packaged Foods and Meats Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies10
  • 7D0.4%
  • 3M17.0%
  • 1Y95.1%
  • YTDn/a

In the last week, the Packaged Foods and Meats industry is flat overall, with Dangote Sugar Refinery standing out by going down 11%. As for the the longer term, the industry is up 96% over the past 12 months. Looking forward, earnings are forecast to grow by 44% annually.

Industry Valuation and Performance

Has the Nigerian Packaged Foods and Meats Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Mar 2026₦16.4t₦3.7t₦497.9b17.5x32.9x4.5x
Thu, 05 Feb 2026₦16.2t₦3.7t₦541.1b17.4x29.9x4.4x
Sat, 03 Jan 2026₦16.1t₦3.6t₦501.5b23.9x32x4.4x
Mon, 01 Dec 2025₦14.0t₦3.6t₦501.5b19.8x27.9x3.9x
Wed, 29 Oct 2025₦14.2t₦3.5t₦376.1b14.1x37.7x4.1x
Fri, 26 Sep 2025₦12.9t₦3.5t₦376.1b12.8x34.4x3.7x
Sun, 24 Aug 2025₦12.2t₦3.5t₦375.6b15x32.6x3.5x
Tue, 22 Jul 2025₦9.7t₦3.3t₦228.9b13.6x42.3x3x
Thu, 19 Jun 2025₦9.7t₦3.3t₦228.9b10.9x42.3x3x
Sat, 17 May 2025₦8.5t₦3.2t₦224.4b13x37.9x2.6x
Mon, 14 Apr 2025₦8.3t₦3.0t₦92.2b9.4x90.1x2.7x
Wed, 12 Mar 2025₦8.4t₦2.9t₦123.9b9.9x67.4x2.9x
Fri, 07 Feb 2025₦7.8t₦2.2t₦312.8b9.4x24.9x3.5x
Sun, 05 Jan 2025₦8.1t₦4.9t₦260.8b9.4x30.9x1.6x
Tue, 03 Dec 2024₦7.7t₦4.9t₦260.8b9.6x29.3x1.6x
Thu, 31 Oct 2024₦7.6t₦4.2t₦188.3b10.4x40.2x1.8x
Sat, 28 Sep 2024₦7.6t₦4.2t₦188.3b10.4x40.2x1.8x
Mon, 26 Aug 2024₦7.2t₦4.2t₦189.4b8.6x38x1.7x
Wed, 24 Jul 2024₦7.2t₦3.7t₦116.6b20.1x62.2x1.9x
Fri, 21 Jun 2024₦7.2t₦3.7t₦128.4b19.5x56.3x1.9x
Sun, 19 May 2024₦7.2t₦3.4t₦136.3b17.1x52.8x2.1x
Tue, 16 Apr 2024₦7.8t₦3.5t₦81.9b18.3x95.6x2.2x
Thu, 14 Mar 2024₦7.9t₦3.5t₦80.2b19.3x98.5x2.2x
Sat, 10 Feb 2024₦6.6t₦3.5t₦156.1b34x42.4x1.9x
Mon, 08 Jan 2024₦4.7t₦3.2t₦164.4b19.7x28.7x1.5x
Wed, 06 Dec 2023₦4.6t₦3.2t₦164.4b18.7x28.2x1.4x
Fri, 03 Nov 2023₦4.8t₦3.2t₦164.4b12.1x29x1.5x
Sun, 01 Oct 2023₦4.6t₦3.0t₦177.2b16x26.2x1.6x
Tue, 29 Aug 2023₦4.1t₦2.8t₦171.3b14.9x24.1x1.5x
Thu, 27 Jul 2023₦4.1t₦3.2t₦228.4b13.2x17.7x1.3x
Sat, 24 Jun 2023₦4.0t₦3.2t₦228.4b12.7x17.5x1.3x
Mon, 22 May 2023₦3.4t₦3.2t₦228.4b12.5x14.9x1.1x
Wed, 19 Apr 2023₦3.1t₦3.1t₦206.9b14.5x15.1x1x
Fri, 17 Mar 2023₦3.1t₦3.1t₦208.9b14x14.8x1x
Price to Earnings Ratio

14.8x


Total Market Cap: ₦3.1tTotal Earnings: ₦208.9bTotal Revenue: ₦3.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Packaged Foods and Meats Industry Price to Earnings3Y Average 38.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Nigerian Packaged Foods and Meats 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 32.9x which is lower than its 3-year average PE of 38.1x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have grown 34% per year over the last three years.
  • Revenues for these companies have grown 5.7% 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 Packaged Foods and Meats compare with similar industries?

NG Market0.79%
Consumer Staples0.063%
Food0.34%
Packaged Foods and Meats0.43%
Agricultural Products0.0034%
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
BUAFOODS BUA Foods₦796.600.9%
+₦129.6b		90.6%PE28.2x
NESTLE Nestlé Nigeria₦3.25k4.8%
+₦118.9b		233.3%PE24.5x
UACN UAC of Nigeria₦115.8019.4%
+₦55.0b		230.4%PE393.3x
CADBURY Cadbury Nigeria₦70.006.1%
+₦9.1b		204.3%PE13.2x
ELLAHLAKES Ellah Lakes₦12.807.6%
+₦3.5b		314.2%PS686.8x

Latest News

DANGSUGAR
₦72.40
Dangote Sugar Refinery
7D
-10.6%
1Y
81.0%
CADBURY
₦70.00
Cadbury Nigeria
7D
6.1%
1Y
204.3%
NASCON
₦147.60
Nascon Allied Industries
7D
-10.0%
1Y
254.8%
MCNICHOLS
₦6.62
McNichols
7D
-5.4%
1Y
303.7%
NESTLE
₦3,250.00
Nestlé Nigeria
7D
4.8%
1Y
233.3%

NESTLÉ NIGERIA PLC Q3 Result – Strong Recovery Sustained as Profit Surges to ₦72.5 Billion, Underscoring Operational Excellence and Strategi

Analyst: Qudus Adebara (Research Analyst) Executive Summary Nestlé Nigeria Plc delivered a remarkable performance for the nine months ended 30 September 2025 , reflecting a solid recovery and sustained profitability following a challenging 2024. The Company recorded a profit after tax (PAT) of ₦72.48 billion , marking a significant turnaround from the ₦184.27 billion loss reported in the same period of 2024.
ELLAHLAKES
₦12.80
Ellah Lakes
7D
7.6%
1Y
314.2%
BUAFOODS
₦796.60
BUA Foods
7D
0.9%
1Y
90.6%

BUA Group – Strategic Sugar Refining & Agro-Logistics Corridor with AD Ports Group and MAIR Group

Author: Qudus Adebara BUA Group has signed a strategic Memorandum of Understanding (MoU) with AD Ports Group and MAIR Group in Abu Dhabi to develop a structured sugar refining and integrated logistics corridor between Nigeria and the UAE. The partnership is designed to strengthen regional food security, expand refined sugar trade flows, and establish a predictable agro-commodity export channel linking West Africa to the Gulf region.
HONYFLOUR
₦20.80
Honeywell Flour Mills
7D
-9.0%
1Y
66.1%
UACN
₦115.80
UAC of Nigeria
7D
19.4%
1Y
230.4%
FTNCOCOA
₦6.00
FTN Cocoa Processors
7D
-4.0%
1Y
255.0%