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Nigerian (NSE) Packaged Foods and Meats Industry Analysis

UpdatedFeb 12, 2026
DataAggregated Company Financials
Companies10
  • 7D0.9%
  • 3M16.6%
  • 1Y95.8%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has remained flat, although notably Nestlé Nigeria gained 12%. The past year has been better, since the industry has gained 96% 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Feb 2026₦16.3t₦3.7t₦541.4b19.6x30.1x4.5x
Sat, 10 Jan 2026₦16.2t₦3.6t₦501.4b28.5x32.4x4.5x
Mon, 08 Dec 2025₦14.0t₦3.6t₦501.5b19.6x28x3.9x
Wed, 05 Nov 2025₦14.0t₦3.6t₦499.3b19.9x28x3.9x
Fri, 03 Oct 2025₦12.9t₦3.5t₦376.1b13.2x34.4x3.7x
Sun, 31 Aug 2025₦12.2t₦3.5t₦376.1b14.1x32.4x3.5x
Tue, 29 Jul 2025₦9.8t₦3.3t₦303.3b14.6x32.4x3x
Thu, 26 Jun 2025₦9.8t₦3.3t₦228.9b11.4x43x3x
Sat, 24 May 2025₦8.5t₦3.2t₦224.4b13.5x38x2.6x
Mon, 21 Apr 2025₦8.3t₦3.0t₦92.2b9.3x90x2.7x
Wed, 19 Mar 2025₦8.3t₦2.9t₦123.9b10x67.1x2.9x
Fri, 14 Feb 2025₦7.8t₦2.2t₦312.8b11.9x25x3.5x
Sun, 12 Jan 2025₦7.8t₦1.9t₦232.2b7.5x33.4x4.1x
Tue, 10 Dec 2024₦7.7t₦4.9t₦260.8b9.6x29.3x1.6x
Thu, 07 Nov 2024₦7.6t₦4.8t₦256.2b8.1x29.5x1.6x
Sat, 05 Oct 2024₦7.6t₦4.2t₦188.3b10.1x40.2x1.8x
Mon, 02 Sep 2024₦7.5t₦4.2t₦188.1b8.5x39.8x1.8x
Wed, 31 Jul 2024₦7.2t₦3.7t₦145.5b15.3x49.5x2x
Fri, 28 Jun 2024₦7.2t₦3.7t₦128.4b21x56.4x1.9x
Sun, 26 May 2024₦7.2t₦3.4t₦136.3b15.5x52.8x2.1x
Tue, 23 Apr 2024₦7.8t₦3.5t₦71.2b18.3x109x2.2x
Thu, 21 Mar 2024₦7.9t₦3.5t₦80.2b19.3x98.9x2.2x
Sat, 17 Feb 2024₦7.7t₦3.5t₦156.1b35.3x49.2x2.2x
Mon, 15 Jan 2024₦5.3t₦3.2t₦164.4b22.6x32.4x1.7x
Wed, 13 Dec 2023₦4.6t₦3.2t₦164.4b18x28.2x1.4x
Fri, 10 Nov 2023₦4.8t₦3.2t₦164.4b12.8x29x1.5x
Sun, 08 Oct 2023₦4.7t₦3.0t₦177.2b16x26.4x1.6x
Tue, 05 Sep 2023₦4.3t₦3.0t₦164.0b16.2x26.4x1.4x
Thu, 03 Aug 2023₦3.1t₦2.7t₦217.9b13.6x14.1x1.1x
Sat, 01 Jul 2023₦4.0t₦3.2t₦228.4b12.9x17.6x1.3x
Mon, 29 May 2023₦3.5t₦3.2t₦228.4b12.4x15.4x1.1x
Wed, 26 Apr 2023₦3.1t₦3.1t₦208.8b9.6x14.9x1x
Fri, 24 Mar 2023₦3.1t₦3.1t₦208.9b14x14.8x1x
Sun, 19 Feb 2023₦2.6t₦3.0t₦180.5b12.6x14.6x0.9x
Price to Earnings Ratio

14.6x


Total Market Cap: ₦2.6tTotal Earnings: ₦180.5bTotal Revenue: ₦3.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Packaged Foods and Meats Industry Price to Earnings3Y Average 37.7x202420252026
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 30.1x which is lower than its 3-year average PE of 37.7x.
  • The 3-year average PS ratio of 2.3x 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 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 Market6.31%
Consumer Staples1.11%
Food0.99%
Packaged Foods and Meats0.92%
Agricultural Products1.33%
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₦2.42k12.4%
+₦211.0b
148.2%PE20.8x
DANGSUGAR Dangote Sugar Refinery₦73.6013.2%
+₦104.5b
104.4%PS1.1x
NASCON Nascon Allied Industries₦127.956.7%
+₦21.8b
204.6%PE11.2x
HONYFLOUR Honeywell Flour Mills₦22.8011.8%
+₦19.0b
80.1%PE15x
CADBURY Cadbury Nigeria₦65.001.6%
+₦2.3b
122.6%PE12.3x

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