Guinness Nigeria Plc engages in brewing, packaging, marketing, and selling whisky, vodka, liqueur, gin, spirits, beers, ready-to-drink products, and non-alcoholic drinks primarily in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦29.20|
|52 Week High||₦15.60|
|52 Week Low||₦36.00|
|1 Month Change||-2.67%|
|3 Month Change||-7.74%|
|1 Year Change||83.07%|
|3 Year Change||-63.77%|
|5 Year Change||-63.50%|
|Change since IPO||344.45%|
Recent News & Updates
|GUINNESS||NG Beverage||NG Market|
Return vs Industry: GUINNESS exceeded the NG Beverage industry which returned -4.9% over the past year.
Return vs Market: GUINNESS exceeded the NG Market which returned 40.4% over the past year.
Stable Share Price: GUINNESS is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: GUINNESS's weekly volatility (3%) has been stable over the past year.
About the Company
Guinness Nigeria Plc engages in brewing, packaging, marketing, and selling whisky, vodka, liqueur, gin, spirits, beers, ready-to-drink products, and non-alcoholic drinks primarily in Nigeria. The company offers its products under the Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Guinness Gold, Harp Lager, Smirnoff Ice, Satzenbrau Lager, Dubic Malt, Snapp, Orijin Spirit Mixed Drink, Orijin Bitters, Smirnoff Ice Double Black with Guarana, Orijin Zero and Orijin Herbal Gin, Baileys Delight, Gordons Moringa, Smirnoff X1, MrDowell’s, Royal Challenge, Orijin Ready To Drink, Malta Guinness Herbs Lite, Master’s Choice, Tappers, and Royal Kingdom Lager brands, as well as Johnnie Walker Red Label, Black Label, Gold Label Reserve, Platinum Label, and Blue Label scotch whisky brands. It also exports its products.
Guinness Nigeria Fundamentals Summary
|GUINNESS fundamental statistics|
Is GUINNESS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GUINNESS income statement (TTM)|
|Cost of Revenue||₦114.71b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.57|
|Net Profit Margin||0.78%|
How did GUINNESS perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is Guinness Nigeria undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GUINNESS (NGN29.2) is trading above our estimate of fair value (NGN12.04)
Significantly Below Fair Value: GUINNESS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GUINNESS is poor value based on its PE Ratio (51x) compared to the African Beverage industry average (27.6x).
PE vs Market: GUINNESS is poor value based on its PE Ratio (51x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: GUINNESS is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: GUINNESS's PB Ratio (0.9x) is in line with the NG Beverage industry average.
How is Guinness Nigeria forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GUINNESS's forecast earnings growth (35.4% per year) is above the savings rate (13.2%).
Earnings vs Market: GUINNESS's earnings (35.4% per year) are forecast to grow faster than the NG market (15.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GUINNESS's revenue (8.4% per year) is forecast to grow slower than the NG market (10.4% per year).
High Growth Revenue: GUINNESS's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GUINNESS's Return on Equity is forecast to be low in 3 years time (9.6%).
How has Guinness Nigeria performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GUINNESS has high quality earnings.
Growing Profit Margin: GUINNESS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GUINNESS has become profitable over the past 5 years, growing earnings by -21% per year.
Accelerating Growth: GUINNESS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GUINNESS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Beverage industry (19.7%).
Return on Equity
High ROE: GUINNESS's Return on Equity (1.7%) is considered low.
How is Guinness Nigeria's financial position?
Financial Position Analysis
Short Term Liabilities: GUINNESS's short term assets (NGN74.7B) do not cover its short term liabilities (NGN83.0B).
Long Term Liabilities: GUINNESS's short term assets (NGN74.7B) exceed its long term liabilities (NGN12.2B).
Debt to Equity History and Analysis
Debt Level: GUINNESS's debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: GUINNESS's debt to equity ratio has reduced from 86.6% to 21.5% over the past 5 years.
Debt Coverage: GUINNESS's debt is well covered by operating cash flow (327.5%).
Interest Coverage: GUINNESS's interest payments on its debt are well covered by EBIT (7.7x coverage).
What is Guinness Nigeria current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GUINNESS's dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.28%).
High Dividend: GUINNESS's dividend (1.58%) is low compared to the top 25% of dividend payers in the NG market (7.27%).
Stability and Growth of Payments
Stable Dividend: GUINNESS is not paying a notable dividend for the NG market, therefore no need to check if payments are stable.
Growing Dividend: GUINNESS is not paying a notable dividend for the NG market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GUINNESS is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GUINNESS's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Baker Magunda serves as Managing Director, Chief Executive Officer and Director of Guinness Nigeria Plc since 1st July 2018. Mr. Magunda served as Managing Director of Kenya Demand at East African Brew...
Experienced Management: GUINNESS's management team is considered experienced (2.4 years average tenure).
Experienced Board: GUINNESS's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Guinness Nigeria Plc's employee growth, exchange listings and data sources
- Name: Guinness Nigeria Plc
- Ticker: GUINNESS
- Exchange: NGSE
- Founded: 1950
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: ₦63.959b
- Shares outstanding: 2.19b
- Website: https://www.guinness-nigeria.com
Number of Employees
- Guinness Nigeria Plc
- 24, Oba Akran Avenue
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 20:59|
|End of Day Share Price||2021/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.