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Nigerian (NSE) Packaged Foods and Meats Industry Analysis
UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies10
- 7D-8.5%
- 3M13.4%
- 1Y88.0%
- YTDn/a
In the last week, the Packaged Foods and Meats industry is up 5.4%, with Nestlé Nigeria up 6.9%. Meanwhile, BUA Foods actually underperformed within the industry, shrinking 10.0% in the last week. This takes the industry's 12 month performance to a gain of 106%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 26 Feb 2026 | ₦15.8t | ₦3.7t | ₦541.1b | 21.1x | 29.3x | 4.3x |
| Sat, 24 Jan 2026 | ₦16.2t | ₦3.6t | ₦501.4b | 30.5x | 32.3x | 4.5x |
| Mon, 22 Dec 2025 | ₦14.8t | ₦3.6t | ₦501.4b | 21.1x | 29.6x | 4.1x |
| Wed, 19 Nov 2025 | ₦14.0t | ₦3.6t | ₦501.5b | 19.2x | 27.9x | 3.9x |
| Fri, 17 Oct 2025 | ₦12.9t | ₦3.5t | ₦376.1b | 13.4x | 34.4x | 3.7x |
| Sun, 14 Sep 2025 | ₦12.2t | ₦3.5t | ₦376.1b | 14.2x | 32.5x | 3.5x |
| Tue, 12 Aug 2025 | ₦12.2t | ₦3.5t | ₦375.6b | 14.5x | 32.4x | 3.5x |
| Thu, 10 Jul 2025 | ₦9.6t | ₦3.3t | ₦228.9b | 12.4x | 42.1x | 2.9x |
| Sat, 07 Jun 2025 | ₦8.9t | ₦3.3t | ₦228.9b | 12x | 39x | 2.7x |
| Mon, 05 May 2025 | ₦8.4t | ₦3.2t | ₦224.4b | 10.4x | 37.4x | 2.6x |
| Wed, 02 Apr 2025 | ₦8.3t | ₦2.9t | ₦123.9b | 10.2x | 66.8x | 2.9x |
| Fri, 28 Feb 2025 | ₦7.9t | ₦2.2t | ₦312.8b | 11.8x | 25.2x | 3.6x |
| Sun, 26 Jan 2025 | ₦7.8t | ₦1.9t | ₦232.2b | 8.6x | 33.4x | 4.1x |
| Tue, 24 Dec 2024 | ₦7.7t | ₦4.9t | ₦260.8b | 9.6x | 29.5x | 1.6x |
| 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 |
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 32.1x which is lower than its 3-year average PE of 37.9x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 4.8x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have grown 38% per year over the last three years.
- Revenues for these companies have grown 5.8% 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 Market | 2.61% | |
| Consumer Staples | -2.83% | |
| Food | -4.43% | |
| Packaged Foods and Meats | -8.53% | |
| Agricultural Products | 14.71% | |
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 | ₦3.10k | 6.9% +₦158.5b | 217.9% | PE26.7x | |
| NASCON Nascon Allied Industries | ₦164.95 | 13.8% +₦53.9b | 292.7% | PE14.4x | |
| UACN UAC of Nigeria | ₦100.00 | 3.8% +₦10.8b | 183.7% | PE339.6x | |
| DANGSUGAR Dangote Sugar Refinery | ₦83.95 | 0.7% +₦6.7b | 104.8% | PS1.3x |