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Nigerian (NSE) Packaged Foods and Meats Industry Analysis

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies10
  • 7D-0.1%
  • 3M22.0%
  • 1Y95.5%
  • YTDn/a

Last week, the Packaged Foods and Meats industry hasn't moved much but Nestlé Nigeria is up 10.0% in that time. As for the the longer term, the industry is up 95% over the past 12 months. Looking forward, earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 Jan 2026₦16.2t₦3.6t₦501.4b29.8x32.4x4.5x
Tue, 16 Dec 2025₦14.1t₦3.6t₦501.4b20.8x28.1x3.9x
Thu, 13 Nov 2025₦14.0t₦3.6t₦501.5b18.8x27.8x3.9x
Sat, 11 Oct 2025₦13.0t₦3.5t₦376.1b14.2x34.5x3.7x
Mon, 08 Sep 2025₦12.1t₦3.5t₦376.1b14.3x32.3x3.5x
Wed, 06 Aug 2025₦11.3t₦3.5t₦375.6b18.2x30x3.2x
Fri, 04 Jul 2025₦9.5t₦3.3t₦228.9b12.4x41.6x2.9x
Sun, 01 Jun 2025₦8.9t₦3.2t₦224.4b14.5x39.8x2.8x
Tue, 29 Apr 2025₦8.4t₦3.0t₦98.6b9.6x85.5x2.8x
Thu, 27 Mar 2025₦8.3t₦2.9t₦123.9b10.2x67x2.9x
Sat, 22 Feb 2025₦7.9t₦2.2t₦312.8b11.8x25.2x3.6x
Mon, 20 Jan 2025₦7.8t₦1.9t₦232.2b8.7x33.5x4.1x
Wed, 18 Dec 2024₦7.7t₦4.9t₦260.8b9.6x29.4x1.6x
Fri, 15 Nov 2024₦7.6t₦4.9t₦260.6b8.6x29.1x1.5x
Sun, 13 Oct 2024₦7.6t₦4.2t₦188.3b10.1x40.2x1.8x
Tue, 10 Sep 2024₦7.5t₦4.2t₦188.3b8.4x39.8x1.8x
Thu, 08 Aug 2024₦7.2t₦4.2t₦189.4b8.6x38x1.7x
Sat, 06 Jul 2024₦7.2t₦3.7t₦128.2b19x56.4x2x
Mon, 03 Jun 2024₦7.2t₦3.4t₦147.0b15.5x49.1x2.1x
Wed, 01 May 2024₦7.7t₦3.5t₦71.2b16.3x107.5x2.2x
Fri, 29 Mar 2024₦7.9t₦3.5t₦80.2b20.2x97.9x2.2x
Sun, 25 Feb 2024₦8.0t₦3.5t₦156.1b31.2x51.3x2.3x
Tue, 23 Jan 2024₦5.7t₦3.2t₦164.6b24.3x34.9x1.8x
Thu, 21 Dec 2023₦4.6t₦3.2t₦164.4b18.2x28.2x1.4x
Sat, 18 Nov 2023₦4.8t₦3.2t₦164.4b14.3x29x1.5x
Mon, 16 Oct 2023₦4.7t₦3.0t₦177.2b17x26.7x1.6x
Wed, 13 Sep 2023₦4.3t₦3.0t₦177.2b17.2x24.2x1.4x
Fri, 11 Aug 2023₦3.1t₦2.8t₦223.5b10.9x13.8x1.1x
Sun, 09 Jul 2023₦4.0t₦3.2t₦228.4b13.1x17.7x1.3x
Tue, 06 Jun 2023₦3.9t₦3.2t₦228.4b12.9x16.9x1.2x
Thu, 04 May 2023₦3.4t₦3.2t₦230.2b11.3x14.6x1.1x
Sat, 01 Apr 2023₦3.1t₦3.1t₦208.9b14.5x15x1x
Mon, 27 Feb 2023₦2.9t₦3.0t₦180.5b13.7x15.8x0.9x
Wed, 25 Jan 2023₦2.6t₦2.9t₦177.5b13x14.9x0.9x
Price to Earnings Ratio

14.9x


Total Market Cap: ₦2.6tTotal Earnings: ₦177.5bTotal Revenue: ₦2.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Packaged Foods and Meats Industry Price to Earnings3Y Average 37.3x202420252026
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 32.4x which is lower than its 3-year average PE of 37.3x.
  • The 3-year average PS ratio of 2.2x 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 41% per year over the last three years.
  • Revenues for these companies have grown 7.8% 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 Market2.20%
Consumer Staples0.50%
Food-0.077%
Packaged Foods and Meats-0.097%
Agricultural Products0.043%
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
NESTLE Nestlé Nigeria₦2.15k10.0%
+₦155.2b		146.1%PE18.5x
CADBURY Cadbury Nigeria₦66.004.8%
+₦6.8b		189.5%PS0.9x
HONYFLOUR Honeywell Flour Mills₦23.002.2%
+₦4.0b		132.3%PE13.3x
ELLAHLAKES Ellah Lakes₦16.505.1%
+₦3.1b		430.5%PS885.3x
FTNCOCOA FTN Cocoa Processors₦7.3510.4%
+₦2.7b		276.9%PE12.2x

Latest News

FTNCOCOA
₦7.35
FTN Cocoa Processors
7D
10.4%
1Y
276.9%
NESTLE
₦2,153.80
Nestlé Nigeria
7D
10.0%
1Y
146.1%
ELLAHLAKES
₦16.50
Ellah Lakes
7D
5.1%
1Y
430.5%
MCNICHOLS
₦6.00
McNichols
7D
9.1%
1Y
270.4%
UACN
₦92.30
UAC of Nigeria
7D
0.5%
1Y
156.4%
HONYFLOUR
₦23.00
Honeywell Flour Mills
7D
2.2%
1Y
132.3%
CADBURY
₦66.00
Cadbury Nigeria
7D
4.8%
1Y
189.5%
NASCON
₦115.00
Nascon Allied Industries
7D
-4.2%
1Y
205.4%
DANGSUGAR
₦69.50
Dangote Sugar Refinery
7D
-2.1%
1Y
80.5%

Dangote Sugar Refinery Plc – $700 Million Backward Integration Drive to Achieve Sugar Self-Sufficiency

Analyst: Qudus Adebara (Founder of Wane Investment House and Wane Trading Club) Investment Overview Dangote Sugar Refinery Plc (“DSR” or “the Company”), a member of the Dangote Group, has announced a significant $700 million investment commitment to accelerate its Backward Integration Programme (BIP) under Nigeria’s National Sugar Master Plan (NSMP). The investment covers: Land acquisition and development for sugarcane plantations Procurement of machinery and processing equipment Infrastructure and irrigation systems Manpower development and community engagement Corporate Social Responsibility (CSR) initiatives The programme is designed to ensure Nigeria achieves self-sufficiency in refined sugar production and eliminates the importation of raw sugar in the medium term.