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Nigerian (NSE) Packaged Foods and Meats Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies9
- 7D0.9%
- 3M6.1%
- 1Y89.5%
- YTDn/a
Last week, the Packaged Foods and Meats industry hasn't moved much but Flour Mills of Nigeria is up 22% in that time. As for the the longer term, the industry is up 89% over the past 12 months. Earnings are forecast to grow by 5.3% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₦7.6t | ₦4.9t | ₦260.6b | 9x | 29.3x | 1.6x |
| Sat, 19 Oct 2024 | ₦7.6t | ₦4.2t | ₦188.3b | 10.3x | 40.2x | 1.8x |
| Mon, 16 Sep 2024 | ₦7.5t | ₦4.2t | ₦188.3b | 9.5x | 40.1x | 1.8x |
| Wed, 14 Aug 2024 | ₦7.2t | ₦4.2t | ₦189.4b | 8.8x | 38.1x | 1.7x |
| Fri, 12 Jul 2024 | ₦7.2t | ₦3.7t | ₦116.6b | 20.7x | 62x | 1.9x |
| Sun, 09 Jun 2024 | ₦7.2t | ₦3.7t | ₦128.4b | 19.5x | 56.2x | 1.9x |
| Tue, 07 May 2024 | ₦7.2t | ₦3.4t | ₦136.3b | 17x | 53.1x | 2.1x |
| Thu, 04 Apr 2024 | ₦7.9t | ₦3.5t | ₦80.8b | 19.1x | 97.2x | 2.2x |
| Sat, 02 Mar 2024 | ₦7.9t | ₦3.5t | ₦156.1b | 29.6x | 50.8x | 2.3x |
| Mon, 29 Jan 2024 | ₦6.4t | ₦3.2t | ₦164.6b | 26.8x | 38.8x | 2x |
| Wed, 27 Dec 2023 | ₦4.6t | ₦3.2t | ₦164.4b | 17.6x | 28.2x | 1.4x |
| Fri, 24 Nov 2023 | ₦4.8t | ₦3.2t | ₦164.4b | 15.5x | 28.9x | 1.5x |
| Sun, 22 Oct 2023 | ₦4.8t | ₦3.0t | ₦177.2b | 16.5x | 26.8x | 1.6x |
| Tue, 19 Sep 2023 | ₦4.4t | ₦3.0t | ₦177.2b | 17.4x | 24.6x | 1.5x |
| Thu, 17 Aug 2023 | ₦3.2t | ₦2.8t | ₦171.3b | 14.5x | 18.8x | 1.2x |
| Sat, 15 Jul 2023 | ₦4.0t | ₦3.2t | ₦228.4b | 12.9x | 17.7x | 1.3x |
| Mon, 12 Jun 2023 | ₦3.9t | ₦3.2t | ₦228.4b | 13.2x | 16.9x | 1.2x |
| Wed, 10 May 2023 | ₦3.4t | ₦3.2t | ₦228.4b | 11.4x | 14.7x | 1.1x |
| Fri, 07 Apr 2023 | ₦3.1t | ₦3.1t | ₦198.3b | 14.5x | 15.8x | 1x |
| Sun, 05 Mar 2023 | ₦3.0t | ₦3.1t | ₦208.9b | 14x | 14.6x | 1x |
| Tue, 31 Jan 2023 | ₦2.6t | ₦2.9t | ₦176.8b | 16.8x | 14.9x | 0.9x |
| Thu, 29 Dec 2022 | ₦2.4t | ₦2.9t | ₦177.5b | 12x | 13.4x | 0.8x |
| Sat, 26 Nov 2022 | ₦2.3t | ₦2.9t | ₦174.7b | 13.1x | 13.3x | 0.8x |
| Mon, 24 Oct 2022 | ₦2.4t | ₦2.7t | ₦177.2b | 10.4x | 13.7x | 0.9x |
| Wed, 21 Sep 2022 | ₦2.6t | ₦2.7t | ₦180.3b | 9.5x | 14.2x | 0.9x |
| Fri, 19 Aug 2022 | ₦2.5t | ₦2.7t | ₦179.5b | 9.5x | 14.2x | 0.9x |
| Sun, 17 Jul 2022 | ₦2.5t | ₦2.5t | ₦169.4b | 17.2x | 14.6x | 1x |
| Tue, 14 Jun 2022 | ₦2.7t | ₦2.4t | ₦170.5b | 17.2x | 15.6x | 1.1x |
| Thu, 12 May 2022 | ₦2.7t | ₦2.4t | ₦174.5b | 17.2x | 15.6x | 1.1x |
| Sat, 09 Apr 2022 | ₦2.6t | ₦2.3t | ₦170.0b | 14.4x | 15.3x | 1.1x |
| Mon, 07 Mar 2022 | ₦2.7t | ₦2.3t | ₦171.0b | 13.1x | 15.7x | 1.2x |
| Wed, 02 Feb 2022 | ₦2.7t | ₦2.3t | ₦177.4b | 15.1x | 15.5x | 1.2x |
| Fri, 31 Dec 2021 | ₦1.6t | ₦1.8t | ₦92.0b | 14.6x | 17x | 0.9x |
| Sun, 28 Nov 2021 | ₦1.6t | ₦1.8t | ₦92.0b | 14.6x | 16.9x | 0.9x |
Price to Earnings Ratio
16.9x
Current Industry PE
- Investors are relatively neutral on the Nigerian Packaged Foods and Meats industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 28.3x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
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 39% 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 | 0.94% | |
| Consumer Staples | 1.06% | |
| Food | 0.77% | |
| Packaged Foods and Meats | 0.88% | |
| Agricultural Products | -0.27% | |
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 | |
|---|---|---|---|---|---|
| FLOURMILL Flour Mills of Nigeria | ₦79.50 | 22.3% +₦59.5b | 148.4% | PE11.4x | |
| DANGSUGAR Dangote Sugar Refinery | ₦32.20 | 7.3% +₦26.7b | -46.3% | PS0.6x | |
| UACN UAC of Nigeria | ₦23.40 | 16.1% +₦9.5b | 30.7% | PE4.7x | |
| CADBURY Cadbury Nigeria | ₦19.40 | 11.5% +₦4.6b | 24.0% | PS0.4x | |
| HONYFLOUR Honeywell Flour Mills | ₦4.53 | 8.9% +₦2.9b | 43.4% | PS0.1x |