Share Price & News
How has Nestlé Nigeria's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NESTLE is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: NESTLE's weekly volatility (1%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NESTLE matched the NG Food industry which returned 39.8% over the past year.
Return vs Market: NESTLE underperformed the NG Market which returned 44.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Nestlé Nigeria's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Nestlé 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: NESTLE (NGN1400) is trading above our estimate of fair value (NGN599.32)
Significantly Below Fair Value: NESTLE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NESTLE is poor value based on its PE Ratio (27.5x) compared to the NG Food industry average (10.1x).
PE vs Market: NESTLE is poor value based on its PE Ratio (27.5x) compared to the NG market (7.9x).
Price to Earnings Growth Ratio
PEG Ratio: NESTLE is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: NESTLE is overvalued based on its PB Ratio (26.7x) compared to the NG Food industry average (1.4x).
How is Nestlé Nigeria forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NESTLE's forecast earnings growth (8.1% per year) is below the savings rate (13.4%).
Earnings vs Market: NESTLE's earnings (8.1% per year) are forecast to grow slower than the NG market (12.7% per year).
High Growth Earnings: NESTLE's earnings are forecast to grow, but not significantly.
Revenue vs Market: NESTLE's revenue (7.7% per year) is forecast to grow slower than the NG market (9.8% per year).
High Growth Revenue: NESTLE's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NESTLE's Return on Equity is forecast to be very high in 3 years time (197.3%).
How has Nestlé Nigeria performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NESTLE has high quality earnings.
Growing Profit Margin: NESTLE's current net profit margins (13.3%) are lower than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: NESTLE's earnings have grown significantly by 20% per year over the past 5 years.
Accelerating Growth: NESTLE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NESTLE had negative earnings growth (-8.2%) over the past year, making it difficult to compare to the Food industry average (59.5%).
Return on Equity
High ROE: Whilst NESTLE's Return on Equity (97.12%) is outstanding, this metric is skewed due to their high level of debt.
How is Nestlé Nigeria's financial position?
Financial Position Analysis
Short Term Liabilities: NESTLE's short term assets (NGN148.1B) exceed its short term liabilities (NGN135.8B).
Long Term Liabilities: NESTLE's short term assets (NGN148.1B) exceed its long term liabilities (NGN63.5B).
Debt to Equity History and Analysis
Debt Level: NESTLE's debt to equity ratio (107.7%) is considered high.
Reducing Debt: NESTLE's debt to equity ratio has increased from 66.1% to 107.7% over the past 5 years.
Debt Coverage: NESTLE's debt is well covered by operating cash flow (190.1%).
Interest Coverage: NESTLE's interest payments on its debt are well covered by EBIT (21.3x coverage).
What is Nestlé Nigeria current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NESTLE's dividend (4.32%) is higher than the bottom 25% of dividend payers in the NG market (3.78%).
High Dividend: NESTLE's dividend (4.32%) is low compared to the top 25% of dividend payers in the NG market (7.86%).
Stability and Growth of Payments
Stable Dividend: NESTLE's dividend payments have been volatile in the past 10 years.
Growing Dividend: NESTLE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (118.7%), NESTLE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NESTLE's dividends in 3 years are forecast to be covered by earnings (85.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mauricio Alarcon serves as Managing Director and Chief Executive Officer at Nestlé Nigeria Plc since October 01, 2016 and also serves as its Director. He joined Nestlé Mexico in 1999. Following a numbe...
Experienced Management: NESTLE's management team is considered experienced (4.7 years average tenure).
Experienced Board: NESTLE's board of directors are considered experienced (3.9 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.
Nestlé Nigeria Plc's company bio, employee growth, exchange listings and data sources
- Name: Nestlé Nigeria Plc
- Ticker: NESTLE
- Exchange: NGSE
- Founded: 1961
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ₦1.110t
- Shares outstanding: 792.66m
- Website: https://www.nestle-cwa.com/en/investors/nigeria
Number of Employees
- Nestlé Nigeria Plc
- 22-24, Industrial Avenue
Nestlé Nigeria Plc manufactures, markets, and distributes food products in Nigeria. The company operates through two segments, Food and Beverages. It offers food products under the Maggi, Cerelac, SMA, Nan...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/13 10:59|
|End of Day Share Price||2021/06/11 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.