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Nestlé Nigeria PlcNGSE:NESTLE Stock Report

Market Cap ₦2.5t
Share Price
₦3.13k
₦2.5k
25.0% overvalued intrinsic discount
1Y158.3%
7D-0.8%
Portfolio Value
View

Nestlé Nigeria Plc

NGSE:NESTLE Stock Report

Market Cap: ₦2.5t

Nestlé Nigeria (NESTLE) Stock Overview

Manufactures, markets, and distributes food products in Nigeria. More details

NESTLE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health1/6
Dividends0/6

NESTLE Community Fair Values

Create Narrative

See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

Nestlé Nigeria Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nestlé Nigeria
Historical stock prices
Current Share Price₦3,125.00
52 Week High₦3,395.00
52 Week Low₦1,331.00
Beta0.057
1 Month Change-3.84%
3 Month Change29.13%
1 Year Change158.26%
3 Year Change199.39%
5 Year Change120.07%
Change since IPO50,575.76%

Recent News & Updates

Narrative Update Mar 03

NESTLÉ NIGERIA PLC Q3 Result – Strong Recovery Sustained as Profit Surges to ₦72.5 Billion, Underscoring Operational Excellence and Strategi

Analyst: Qudus Adebara (Research Analyst) Executive Summary Nestlé Nigeria Plc delivered a remarkable performance for the nine months ended 30 September 2025 , reflecting a solid recovery and sustained profitability following a challenging 2024. The Company recorded a profit after tax (PAT) of ₦72.48 billion , marking a significant turnaround from the ₦184.27 billion loss reported in the same period of 2024.

Recent updates

Narrative Update Mar 03

NESTLÉ NIGERIA PLC Q3 Result – Strong Recovery Sustained as Profit Surges to ₦72.5 Billion, Underscoring Operational Excellence and Strategi

Analyst: Qudus Adebara (Research Analyst) Executive Summary Nestlé Nigeria Plc delivered a remarkable performance for the nine months ended 30 September 2025 , reflecting a solid recovery and sustained profitability following a challenging 2024. The Company recorded a profit after tax (PAT) of ₦72.48 billion , marking a significant turnaround from the ₦184.27 billion loss reported in the same period of 2024.
Narrative Update Nov 02

Nestlé Nigeria Delivers Strong Rebound with Triple-Digit Profit Growth in H1 2025

recent Valuation
New Narrative Mar 20

Nestlé Nigeria's New Product Launch amid N221.589 Billion Loss Before Tax Amidst Revenue Growth

Nestlé Nigeria has unveiled a new product, Golden Morn 3 in 1, aimed at addressing local nutritional needs and improving food accessibility for consumers. This launch is part of the company's strategy

Shareholder Returns

NESTLENG FoodNG Market
7D-0.8%0.8%2.2%
1Y158.3%143.6%144.5%

Return vs Industry: NESTLE exceeded the NG Food industry which returned 143.6% over the past year.

Return vs Market: NESTLE exceeded the NG Market which returned 144.5% over the past year.

Price Volatility

Is NESTLE's price volatile compared to industry and market?
NESTLE volatility
NESTLE Average Weekly Movement5.8%
Food Industry Average Movement8.7%
Market Average Movement8.3%
10% most volatile stocks in NG Market10.6%
10% least volatile stocks in NG Market5.7%

Stable Share Price: NESTLE has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: NESTLE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19612,603Wassim Elhusseiniwww.nestle-cwa.com/en/investors/nigeria

Nestlé Nigeria Plc manufactures, markets, and distributes food products in Nigeria. The company operates in two segments, Food and Beverages. It offers food products under the Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn brands; beverage drinks under the Milo, Milo energy cube, Nescafe, Milo ready-to-drink, and Nestlé Pure Life brands; and snacking products.

Nestlé Nigeria Plc Fundamentals Summary

How do Nestlé Nigeria's earnings and revenue compare to its market cap?
NESTLE fundamental statistics
Market cap₦2.48t
Earnings (TTM)₦113.79b
Revenue (TTM)₦1.24t
21.8x
P/E Ratio
2.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NESTLE income statement (TTM)
Revenue₦1.24t
Cost of Revenue₦790.92b
Gross Profit₦448.10b
Other Expenses₦334.31b
Earnings₦113.79b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)143.55
Gross Margin36.17%
Net Profit Margin9.18%
Debt/Equity Ratio865.2%

How did NESTLE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 22:41
End of Day Share Price 2026/05/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Nestlé Nigeria Plc is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adedayo AyeniAbsa Bank Limited
null nullARM Research
Victor DimaArqaam Capital Research Offshore S.A.L.