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Nigerian (NSE) Packaged Foods and Meats Industry Analysis
UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies10
- 7D0.4%
- 3M16.1%
- 1Y95.6%
- YTDn/a
Last week, the Packaged Foods and Meats industry hasn't moved much but Dangote Sugar Refinery is up 3.7% in that time. The past year has been better, since the industry has gained 95% in that time. As for the next few years, earnings are expected to grow by 45% per annum.
Industry Valuation and Performance
Has the Nigerian Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Feb 2026 | ₦16.2t | ₦3.7t | ₦541.4b | 18.5x | 30x | 4.4x |
| Tue, 06 Jan 2026 | ₦16.2t | ₦3.6t | ₦501.4b | 24.7x | 32.2x | 4.5x |
| Thu, 04 Dec 2025 | ₦14.0t | ₦3.6t | ₦501.5b | 19.7x | 27.9x | 3.9x |
| Sat, 01 Nov 2025 | ₦14.1t | ₦3.5t | ₦376.5b | 18.9x | 37.4x | 4x |
| Mon, 29 Sep 2025 | ₦12.9t | ₦3.5t | ₦376.1b | 13.3x | 34.4x | 3.7x |
| Wed, 27 Aug 2025 | ₦12.2t | ₦3.5t | ₦375.6b | 13.9x | 32.5x | 3.5x |
| Fri, 25 Jul 2025 | ₦9.8t | ₦3.3t | ₦228.9b | 13.4x | 42.9x | 3x |
| Sun, 22 Jun 2025 | ₦9.7t | ₦3.3t | ₦228.9b | 10.6x | 42.4x | 3x |
| Tue, 20 May 2025 | ₦8.5t | ₦3.2t | ₦224.4b | 13.2x | 38.1x | 2.6x |
| Thu, 17 Apr 2025 | ₦8.3t | ₦3.0t | ₦92.2b | 9.3x | 90.1x | 2.8x |
| Sat, 15 Mar 2025 | ₦8.3t | ₦2.9t | ₦123.9b | 9.9x | 66.9x | 2.9x |
| Mon, 10 Feb 2025 | ₦7.8t | ₦2.2t | ₦312.8b | 9.5x | 24.9x | 3.5x |
| Wed, 08 Jan 2025 | ₦7.7t | ₦1.9t | ₦232.2b | 7.3x | 33.3x | 4.1x |
| Fri, 06 Dec 2024 | ₦7.7t | ₦4.9t | ₦260.8b | 9.6x | 29.3x | 1.6x |
| Sun, 03 Nov 2024 | ₦7.6t | ₦4.8t | ₦256.2b | 8.2x | 29.5x | 1.6x |
| Tue, 01 Oct 2024 | ₦7.6t | ₦4.2t | ₦188.3b | 10.3x | 40.2x | 1.8x |
| Thu, 29 Aug 2024 | ₦7.5t | ₦4.2t | ₦189.4b | 8.5x | 39.5x | 1.8x |
| Sat, 27 Jul 2024 | ₦7.2t | ₦3.6t | ₦146.4b | 20.1x | 49.2x | 2x |
| Mon, 24 Jun 2024 | ₦7.2t | ₦3.7t | ₦128.4b | 21.4x | 56.3x | 1.9x |
| Wed, 22 May 2024 | ₦7.2t | ₦3.4t | ₦136.3b | 16x | 52.9x | 2.1x |
| Fri, 19 Apr 2024 | ₦7.8t | ₦3.5t | ₦71.2b | 18.3x | 109x | 2.2x |
| Sun, 17 Mar 2024 | ₦8.0t | ₦3.5t | ₦80.2b | 19.3x | 99.2x | 2.3x |
| Tue, 13 Feb 2024 | ₦6.7t | ₦3.5t | ₦156.1b | 34.3x | 42.8x | 1.9x |
| Thu, 11 Jan 2024 | ₦5.2t | ₦3.2t | ₦164.4b | 21.7x | 31.5x | 1.6x |
| Sat, 09 Dec 2023 | ₦4.6t | ₦3.2t | ₦164.4b | 17.9x | 28.2x | 1.4x |
| Mon, 06 Nov 2023 | ₦4.8t | ₦3.2t | ₦168.1b | 12.2x | 28.4x | 1.5x |
| Wed, 04 Oct 2023 | ₦4.6t | ₦3.0t | ₦177.2b | 16x | 26.2x | 1.6x |
| Fri, 01 Sep 2023 | ₦4.3t | ₦2.9t | ₦180.0b | 14.7x | 23.7x | 1.5x |
| Sun, 30 Jul 2023 | ₦3.1t | ₦2.7t | ₦182.6b | 11.5x | 16.9x | 1.2x |
| Tue, 27 Jun 2023 | ₦4.0t | ₦3.2t | ₦228.4b | 12.7x | 17.6x | 1.3x |
| Thu, 25 May 2023 | ₦3.4t | ₦3.2t | ₦228.4b | 12.3x | 15x | 1.1x |
| Sat, 22 Apr 2023 | ₦3.1t | ₦3.1t | ₦206.9b | 14.5x | 15.1x | 1x |
| Mon, 20 Mar 2023 | ₦3.1t | ₦3.1t | ₦208.9b | 14x | 14.9x | 1x |
| Wed, 15 Feb 2023 | ₦2.6t | ₦3.0t | ₦180.5b | 12.7x | 14.6x | 0.9x |
Price to Earnings Ratio
14.6x
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 29.9x which is lower than its 3-year average PE of 37.6x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have grown 44% per year over the last three years.
- Revenues for these companies have grown 6.5% 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 Market | 4.06% | |
| Consumer Staples | 0.85% | |
| Food | 0.65% | |
| Packaged Foods and Meats | 0.36% | |
| Agricultural Products | 2.16% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NESTLE Nestlé Nigeria | ₦2.20k | 2.1% +₦36.6b | 125.6% | PE18.9x | |
| DANGSUGAR Dangote Sugar Refinery | ₦67.90 | 4.5% +₦35.2b | 89.7% | PS1x | |
| NASCON Nascon Allied Industries | ₦125.00 | 9.6% +₦29.7b | 206.4% | PE10.9x | |
| ELLAHLAKES Ellah Lakes | ₦16.15 | 7.3% +₦4.2b | 401.6% | PS601.9x | |
| HONYFLOUR Honeywell Flour Mills | ₦22.40 | 1.1% +₦2.0b | 135.3% | PE14.8x |