Nestlé Nigeria Future Growth

Future criteria checks 4/6

Nestlé Nigeria is forecast to grow earnings and revenue by 98.2% and 16.4% per annum respectively. EPS is expected to grow by 98.2% per annum. Return on equity is forecast to be 171.7% in 3 years.

Key information

98.2%

Earnings growth rate

98.2%

EPS growth rate

Food earnings growth15.4%
Revenue growth rate16.4%
Future return on equity171.7%
Analyst coverage

Low

Last updated01 Jul 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NGSE:NESTLE - Analysts future estimates and past financials data (NGN Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026978,90684,167136,339138,9343
12/31/2025822,26864,42293,621133,7704
12/31/2024753,169-137,54142,049126,4083
3/31/2024602,633-238,3671,96268,848N/A
12/31/2023547,119-79,47423,03082,703N/A
9/30/2023509,939-26,7561,22244,487N/A
6/30/2023486,138-21,268-18,12114,201N/A
3/31/2023464,56447,195-48,352-19,285N/A
12/31/2022446,81948,965-31,353-4,433N/A
9/30/2022423,70346,605-24,3043,154N/A
6/30/2022402,83346,057-24,0423,012N/A
3/31/2022374,79045,61721,91846,134N/A
12/31/2021351,82240,03743,29565,927N/A
9/30/2021335,94240,85977,28194,794N/A
6/30/2021317,49939,11972,02088,235N/A
3/31/2021304,01240,41737,56752,433N/A
12/31/2020287,08439,21248,40163,798N/A
9/30/2020285,42140,77939,89455,905N/A
6/30/2020283,15141,26235,72149,477N/A
3/31/2020283,39844,03239,97455,099N/A
12/31/2019284,03545,68336,14549,908N/A
9/30/2019274,48746,73131,93345,513N/A
6/30/2019272,88847,79738,25551,020N/A
3/31/2019269,77847,24852,90664,818N/A
12/31/2018266,27543,00861,89174,619N/A
9/30/2018262,04443,86247,00056,135N/A
6/30/2018257,52738,63334,95744,099N/A
3/31/2018250,46433,97117,13725,941N/A
12/31/2017244,15133,724N/A19,236N/A
9/30/2017237,67130,420N/A46,872N/A
6/30/2017223,38823,937N/A67,405N/A
3/31/2017206,9329,602N/A64,893N/A
12/31/2016181,9117,925N/A61,485N/A
9/30/2016172,7686,985N/A54,680N/A
6/30/2016165,79015,385N/A46,406N/A
3/31/2016159,84627,464N/A57,891N/A
12/31/2015151,27223,737N/A39,877N/A
9/30/2015148,65022,610N/A36,356N/A
6/30/2015142,05319,287N/A33,448N/A
3/31/2015137,46019,186N/A20,321N/A
12/31/2014143,32922,236N/A23,495N/A
9/30/2014140,33322,022N/AN/AN/A
6/30/2014137,83922,923N/AN/AN/A
3/31/2014135,81322,267N/AN/AN/A
12/31/2013133,08422,258N/A35,216N/A
9/30/2013127,09522,846N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NESTLE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (12.9%).

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

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

Revenue vs Market: NESTLE's revenue (16.4% per year) is forecast to grow slower than the NG market (17.3% per year).

High Growth Revenue: NESTLE's revenue (16.4% 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 (171.7%).


Discover growth companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.