Narrative Update • May 06

Over the last 7 days, the Packaged Foods and Meats industry has remained flat, although notably Nascon Allied Industries declined by 10.0%. As for the the longer term, the industry is up 101% over the past 12 months. Looking forward, earnings are forecast to grow by 32% annually.
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, 05 Jul 2026 | ₦21.6t | ₦5.0t | ₦704.5b | 20.5x | 30.7x | 4.4x |
| Tue, 02 Jun 2026 | ₦22.2t | ₦5.0t | ₦705.9b | 23.3x | 31.5x | 4.5x |
| Thu, 30 Apr 2026 | ₦19.6t | ₦3.6t | ₦515.2b | 18.3x | 38x | 5.4x |
| Sat, 28 Mar 2026 | ₦16.3t | ₦3.7t | ₦497.9b | 19.2x | 32.7x | 4.4x |
| Mon, 23 Feb 2026 | ₦17.4t | ₦3.7t | ₦541.1b | 22.1x | 32.1x | 4.8x |
| Wed, 21 Jan 2026 | ₦16.2t | ₦3.6t | ₦501.4b | 30.5x | 32.4x | 4.5x |
| Fri, 19 Dec 2025 | ₦14.1t | ₦3.6t | ₦501.4b | 20.6x | 28.1x | 3.9x |
| Sun, 16 Nov 2025 | ₦14.0t | ₦3.6t | ₦501.5b | 19.3x | 27.9x | 3.9x |
| Tue, 14 Oct 2025 | ₦13.0t | ₦3.5t | ₦376.1b | 14.1x | 34.5x | 3.7x |
| Thu, 11 Sep 2025 | ₦12.2t | ₦3.5t | ₦376.1b | 14x | 32.5x | 3.5x |
| Sat, 09 Aug 2025 | ₦12.0t | ₦3.5t | ₦375.6b | 15.9x | 31.9x | 3.4x |
| Mon, 07 Jul 2025 | ₦9.5t | ₦3.3t | ₦228.9b | 12.5x | 41.6x | 2.9x |
| Wed, 04 Jun 2025 | ₦8.9t | ₦3.3t | ₦228.7b | 13.1x | 39.1x | 2.7x |
| Fri, 02 May 2025 | ₦8.4t | ₦3.1t | ₦111.9b | 9.9x | 75.1x | 2.8x |
| Sun, 30 Mar 2025 | ₦8.3t | ₦2.9t | ₦123.9b | 10.2x | 66.8x | 2.9x |
| Tue, 25 Feb 2025 | ₦7.9t | ₦2.2t | ₦312.8b | 11.5x | 25.2x | 3.6x |
| Thu, 23 Jan 2025 | ₦7.8t | ₦1.9t | ₦232.2b | 9x | 33.5x | 4.1x |
| Sat, 21 Dec 2024 | ₦7.7t | ₦4.9t | ₦260.8b | 9.6x | 29.5x | 1.6x |
| Mon, 18 Nov 2024 | ₦7.6t | ₦4.9t | ₦260.6b | 9.1x | 29.3x | 1.6x |
| Wed, 16 Oct 2024 | ₦7.6t | ₦4.2t | ₦188.3b | 10.3x | 40.2x | 1.8x |
| Fri, 13 Sep 2024 | ₦7.5t | ₦4.2t | ₦188.3b | 8.9x | 39.9x | 1.8x |
| Sun, 11 Aug 2024 | ₦7.2t | ₦4.2t | ₦189.4b | 8.5x | 38x | 1.7x |
| Tue, 09 Jul 2024 | ₦7.2t | ₦3.7t | ₦116.6b | 20.7x | 62.1x | 1.9x |
| Thu, 06 Jun 2024 | ₦7.2t | ₦3.7t | ₦128.4b | 18.6x | 56.2x | 1.9x |
| Sat, 04 May 2024 | ₦7.8t | ₦3.9t | -₦19,200,864,200.00 | 16.6x | -405.9x | 2x |
| Mon, 01 Apr 2024 | ₦7.9t | ₦3.5t | ₦80.2b | 20.2x | 97.9x | 2.2x |
| Wed, 28 Feb 2024 | ₦8.0t | ₦3.5t | ₦156.1b | 29.5x | 51x | 2.3x |
| Fri, 26 Jan 2024 | ₦6.3t | ₦3.2t | ₦164.6b | 26.4x | 38.5x | 2x |
| Sun, 24 Dec 2023 | ₦4.6t | ₦3.2t | ₦164.4b | 17.6x | 28.2x | 1.4x |
| Tue, 21 Nov 2023 | ₦4.8t | ₦3.2t | ₦164.4b | 14.8x | 29x | 1.5x |
| Thu, 19 Oct 2023 | ₦4.8t | ₦3.0t | ₦177.2b | 16.5x | 27x | 1.6x |
| Sat, 16 Sep 2023 | ₦4.4t | ₦3.0t | ₦177.2b | 17.1x | 24.6x | 1.5x |
| Mon, 14 Aug 2023 | ₦3.1t | ₦2.8t | ₦223.5b | 10.9x | 13.9x | 1.1x |
| Wed, 12 Jul 2023 | ₦4.0t | ₦3.2t | ₦228.4b | 13.4x | 17.7x | 1.3x |
17.7x
How does Nigerian Packaged Foods and Meats compare with similar industries?
| NG Market | -4.18% | |
| Consumer Staples | -1.07% | |
| Food | -0.26% | |
| Packaged Foods and Meats | -0.30% | |
| Agricultural Products | -0.066% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DANGSUGAR Dangote Sugar Refinery | ₦70.00 | 2.9% +₦24.3b | 48.9% | PS1.1x | |
| ELLAHLAKES Ellah Lakes | ₦8.45 | 1.2% +₦611.0m | 4.3% | PS113.5x |