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Nigerian (NSE) Packaged Foods and Meats Industry Analysis

UpdatedFeb 07, 2025
DataAggregated Company Financials
Companies8
  • 7D0.03%
  • 3M6.5%
  • 1Y39.6%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has remained flat. As for the the longer term, the industry is up 40% over the past 12 months. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Feb 2025₦7.8t₦2.2t₦312.8b9.4x24.9x3.5x
Sun, 05 Jan 2025₦8.1t₦4.9t₦260.8b9.4x30.9x1.6x
Tue, 03 Dec 2024₦7.7t₦4.9t₦260.8b9.6x29.3x1.6x
Thu, 31 Oct 2024₦7.6t₦4.2t₦188.3b10.4x40.2x1.8x
Sat, 28 Sep 2024₦7.6t₦4.2t₦188.3b10.4x40.2x1.8x
Mon, 26 Aug 2024₦7.2t₦4.2t₦189.4b8.6x38x1.7x
Wed, 24 Jul 2024₦7.2t₦3.7t₦116.6b20.1x62.2x1.9x
Fri, 21 Jun 2024₦7.2t₦3.7t₦128.4b19.5x56.3x1.9x
Sun, 19 May 2024₦7.2t₦3.4t₦136.3b17.1x52.8x2.1x
Tue, 16 Apr 2024₦7.8t₦3.5t₦81.9b18.3x95.6x2.2x
Thu, 14 Mar 2024₦7.9t₦3.5t₦80.2b19.3x98.5x2.2x
Sat, 10 Feb 2024₦6.6t₦3.5t₦156.1b34x42.4x1.9x
Mon, 08 Jan 2024₦4.7t₦3.2t₦164.4b19.7x28.7x1.5x
Wed, 06 Dec 2023₦4.6t₦3.2t₦164.4b18.7x28.2x1.4x
Fri, 03 Nov 2023₦4.8t₦3.2t₦164.4b12.1x29x1.5x
Sun, 01 Oct 2023₦4.6t₦3.0t₦177.2b16x26.2x1.6x
Tue, 29 Aug 2023₦4.1t₦2.8t₦171.3b14.9x24.1x1.5x
Thu, 27 Jul 2023₦4.1t₦3.2t₦228.4b13.2x17.7x1.3x
Sat, 24 Jun 2023₦4.0t₦3.2t₦228.4b12.7x17.5x1.3x
Mon, 22 May 2023₦3.4t₦3.2t₦228.4b12.5x14.9x1.1x
Wed, 19 Apr 2023₦3.1t₦3.1t₦206.9b14.5x15.1x1x
Fri, 17 Mar 2023₦3.1t₦3.1t₦208.9b14x14.8x1x
Sun, 12 Feb 2023₦2.6t₦3.0t₦180.5b12.7x14.6x0.9x
Tue, 10 Jan 2023₦2.6t₦2.9t₦177.5b13.1x14.8x0.9x
Thu, 08 Dec 2022₦2.3t₦2.9t₦174.7b13.1x13.3x0.8x
Sat, 05 Nov 2022₦2.4t₦2.9t₦173.4b12.2x13.8x0.8x
Mon, 03 Oct 2022₦2.4t₦2.7t₦177.2b11.1x13.8x0.9x
Wed, 31 Aug 2022₦2.5t₦2.7t₦180.3b9.5x13.9x0.9x
Fri, 29 Jul 2022₦2.5t₦2.5t₦172.5b15.9x14.3x1x
Sun, 26 Jun 2022₦2.6t₦2.4t₦170.5b17.3x15x1.1x
Tue, 24 May 2022₦2.7t₦2.4t₦175.8b16.6x15.1x1.1x
Thu, 21 Apr 2022₦2.6t₦2.3t₦164.6b15.7x15.9x1.1x
Sat, 19 Mar 2022₦2.7t₦2.3t₦171.0b14.4x15.7x1.2x
Mon, 14 Feb 2022₦2.7t₦2.3t₦178.6b14.4x15.2x1.2x
Price to Earnings Ratio

15.2x


Total Market Cap: ₦2.7tTotal Earnings: ₦178.6bTotal Revenue: ₦2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Packaged Foods and Meats Industry Price to Earnings3Y Average 29.1x202320242025
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 24.9x which is lower than its 3-year average PE of 29.1x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have grown 21% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Nigerian Packaged Foods and Meats compare with similar industries?

NG Market0.81%
Consumer Staples1.27%
Food1.68%
Packaged Foods and Meats0.032%
Agricultural Products13.67%
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₦975.002.6%
+₦19.8b
-11.4%PS0.9x
CADBURY Cadbury Nigeria₦29.3527.6%
+₦14.5b
34.0%PS0.5x
NASCON Nascon Allied Industries₦40.807.4%
+₦7.6b
-32.9%PE9.4x
NNFM Northern Nigeria Flour Mills₦73.3033.0%
+₦3.2b
36.6%PE3.2x
ELLAHLAKES Ellah Lakes₦3.224.5%
+₦385.5m
0.3%PS8617.3x
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Latest News

NNFM

₦73.30

Northern Nigeria Flour Mills

7D

33.0%

1Y

36.6%

NASCON

₦40.80

Nascon Allied Industries

7D

7.4%

1Y

-32.9%

MCNICHOLS

₦1.75

McNichols

7D

2.9%

1Y

10.8%

UACN

₦36.05

UAC of Nigeria

7D

0.1%

1Y

153.0%

HONYFLOUR

₦9.52

Honeywell Flour Mills

7D

-0.6%

1Y

142.2%

CADBURY

₦29.35

Cadbury Nigeria

7D

27.6%

1Y

34.0%

ELLAHLAKES

₦3.22

Ellah Lakes

7D

4.5%

1Y

0.3%

NESTLE

₦975.00

Nestlé Nigeria

7D

2.6%

1Y

-11.4%

DANGSUGAR

₦35.80

Dangote Sugar Refinery

7D

-0.6%

1Y

-50.3%

FTNCOCOA

₦1.87

FTN Cocoa Processors

7D

3.3%

1Y

3.9%