Nigerian Breweries (NB) Stock Overview
Engages in the brewing, marketing, and selling of lager, stout, non-alcoholic malt drinks, and soft drinks in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
NB Community Fair Values
See what 27 others think this stock is worth. Follow their fair value or set your own to get alerts.
Nigerian Breweries Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦71.50 |
| 52 Week High | ₦79.45 |
| 52 Week Low | ₦27.00 |
| Beta | 0.091 |
| 1 Month Change | -5.92% |
| 3 Month Change | -5.92% |
| 1 Year Change | 155.36% |
| 3 Year Change | 124.00% |
| 5 Year Change | 71.88% |
| Change since IPO | 3,478.58% |
Recent News & Updates
Recent updates
Shareholder Returns
| NB | NG Beverage | NG Market | |
|---|---|---|---|
| 7D | -4.0% | -8.3% | -1.2% |
| 1Y | 155.4% | 182.6% | 74.1% |
Return vs Industry: NB underperformed the NG Beverage industry which returned 182.6% over the past year.
Return vs Market: NB exceeded the NG Market which returned 63.8% over the past year.
Price Volatility
| NB volatility | |
|---|---|
| NB Average Weekly Movement | 5.9% |
| Beverage Industry Average Movement | 4.0% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in NG Market | 12.2% |
| 10% least volatile stocks in NG Market | 3.3% |
Stable Share Price: NB has not had significant price volatility in the past 3 months compared to the NG market.
Volatility Over Time: NB's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1946 | 2,169 | Thibaut François BOIDIN | www.nbplc.com |
Nigerian Breweries Plc engages in the brewing, marketing, and selling of lager, stout, non-alcoholic malt drinks, and soft drinks in Nigeria. The company offers its products under the Star, Heineken, Gulder, Star Radler, More, Desperados, 33 Export, Star Lite, Goldberg, Life, Tiger, Turbo King, Legend, Williams, Legend, Climax, Amstel Malta, Amstel Malta Ultra, ZAGG, Maltina, Malta Goldberg lager, Malta Gold malt drink, Life Continental lager, Hi-Malt, and fayrouz brands. It also provides Climax herbal energy drink and spirits.
Nigerian Breweries Plc Fundamentals Summary
| NB fundamental statistics | |
|---|---|
| Market cap | ₦2.22t |
| Earnings (TTM) | ₦90.27b |
| Revenue (TTM) | ₦1.42t |
Is NB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NB income statement (TTM) | |
|---|---|
| Revenue | ₦1.42t |
| Cost of Revenue | ₦894.79b |
| Gross Profit | ₦525.15b |
| Other Expenses | ₦434.89b |
| Earnings | ₦90.27b |
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.91 |
| Gross Margin | 36.98% |
| Net Profit Margin | 6.36% |
| Debt/Equity Ratio | 29.7% |
How did NB perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/02 23:03 |
| End of Day Share Price | 2025/10/31 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nigerian Breweries Plc is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adedayo Ayeni | Absa Bank Limited |
| null null | ARM Research |
| Victor Dima | Arqaam Capital Research Offshore S.A.L. |

