Nigerian Breweries Plc

NGSE:NB Stock Report

Market Cap: ₦287.7b

Nigerian Breweries Future Growth

Future criteria checks 4/6

Nigerian Breweries is forecast to grow earnings and revenue by 88.4% and 13.6% per annum respectively. EPS is expected to grow by 93.3% per annum. Return on equity is forecast to be 9.9% in 3 years.

Key information

88.4%

Earnings growth rate

93.3%

EPS growth rate

Beverage earnings growth15.8%
Revenue growth rate13.6%
Future return on equity9.9%
Analyst coverage

Good

Last updated11 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NGSE:NB - Analysts future estimates and past financials data (NGN Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20261,155,12751,10665,476161,4107
12/31/20251,032,47349,45170,081168,7367
12/31/2024899,956-95,979-15,231103,8037
9/30/2024908,713-198,647-176,864-83,322N/A
6/30/2024806,997-143,755-207,814-107,676N/A
3/31/2024704,337-147,682-178,425-75,129N/A
12/31/2023599,643-106,308-173,536-74,666N/A
9/30/2023558,990-58,763-164,317-53,067N/A
6/30/2023553,972-53,138-126,435-29,204N/A
3/31/2023536,180-11,122-134,922-41,429N/A
12/31/2022550,63813,182-75,99122,528N/A
9/30/2022521,45319,204-52,59133,825N/A
6/30/2022502,11323,671-40,32528,825N/A
3/31/2022469,38118,61212,15172,944N/A
12/31/2021437,28512,66631,62491,615N/A
9/30/2021412,2898,63938,35679,814N/A
6/30/2021394,4939,49766,777107,669N/A
3/31/2021359,5649,50266,093101,272N/A
12/31/2020337,0467,36347,88285,343N/A
9/30/2020321,36710,76545,83974,365N/A
6/30/2020304,6268,366-42231,830N/A
3/31/2020322,88813,585-1,54030,494N/A
12/31/2019323,00716,1018,32238,896N/A
9/30/2019322,00216,919-15,88523,090N/A
6/30/2019321,92014,3179,42744,090N/A
3/31/2019324,70017,25013,62244,806N/A
12/31/2018324,38919,4347930,500N/A
9/30/2018327,92623,82322,66751,742N/A
6/30/2018336,20027,729N/A40,745N/A
3/31/2018336,23431,813N/A50,988N/A
12/31/2017344,52733,044N/A72,051N/A
9/30/2017345,69432,312N/A69,884N/A
6/30/2017337,35733,097N/A76,358N/A
3/31/2017327,44829,394N/A73,531N/A
12/31/2016313,74328,415N/A70,154N/A
9/30/2016301,70431,985N/A66,494N/A
6/30/2016299,60635,588N/A68,748N/A
3/31/2016301,53938,408N/A78,412N/A
12/31/2015293,90638,055N/A72,627N/A
9/30/2015286,55238,874N/A69,841N/A
6/30/2015276,55040,183N/A65,906N/A
3/31/2015267,31842,563N/A65,299N/A
12/31/2014266,37242,520N/A60,860N/A
9/30/2014273,04946,105N/A74,953N/A
6/30/2014276,29446,289N/A80,334N/A
3/31/2014273,01643,724N/A75,839N/A
12/31/2013268,61443,080N/A94,024N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (13.8%).

Earnings vs Market: NB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: NB is expected to become profitable in the next 3 years.

Revenue vs Market: NB's revenue (13.6% per year) is forecast to grow faster than the NG market (12.1% per year).

High Growth Revenue: NB's revenue (13.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NB's Return on Equity is forecast to be low in 3 years time (9.9%).

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