Northern Nigeria Flour Mills (NNFM) Stock Overview
Engages in the milling of wheat, sorghum, maize, and other grains in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
NNFM Community Fair Values
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Northern Nigeria Flour Mills Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦84.30 |
| 52 Week High | ₦138.90 |
| 52 Week Low | ₦33.75 |
| Beta | 0.29 |
| 1 Month Change | -9.98% |
| 3 Month Change | -3.21% |
| 1 Year Change | 124.80% |
| 3 Year Change | 1,270.73% |
| 5 Year Change | 994.81% |
| Change since IPO | 2,267.25% |
Recent News & Updates
Recent updates
Shareholder Returns
| NNFM | NG Food | NG Market | |
|---|---|---|---|
| 7D | 0% | -0.07% | -2.0% |
| 1Y | 124.8% | 93.5% | 62.9% |
Return vs Industry: NNFM exceeded the NG Food industry which returned 93.5% over the past year.
Return vs Market: NNFM exceeded the NG Market which returned 62.9% over the past year.
Price Volatility
| NNFM volatility | |
|---|---|
| NNFM Average Weekly Movement | 3.7% |
| Food Industry Average Movement | 6.0% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in NG Market | 10.9% |
| 10% least volatile stocks in NG Market | 3.9% |
Stable Share Price: NNFM has not had significant price volatility in the past 3 months compared to the NG market.
Volatility Over Time: NNFM's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 44 | Boye Olusanya | nnfmplc.com |
Northern Nigeria Flour Mills Plc engages in the milling of wheat, sorghum, maize, and other grains in Nigeria. The company offers flour products; and toll milling and fortification services. It also engages in the research and development of ready-to-use supplementary food meals.
Northern Nigeria Flour Mills Plc Fundamentals Summary
| NNFM fundamental statistics | |
|---|---|
| Market cap | ₦15.02b |
| Earnings (TTM) | ₦495.30m |
| Revenue (TTM) | ₦28.34b |
Is NNFM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NNFM income statement (TTM) | |
|---|---|
| Revenue | ₦28.34b |
| Cost of Revenue | ₦24.21b |
| Gross Profit | ₦4.12b |
| Other Expenses | ₦3.63b |
| Earnings | ₦495.30m |
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.78 |
| Gross Margin | 14.55% |
| Net Profit Margin | 1.75% |
| Debt/Equity Ratio | 0% |
How did NNFM perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/15 02:56 |
| End of Day Share Price | 2025/11/14 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
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 |
| |
| Key Developments | 10 years |
|
* 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
Northern Nigeria Flour Mills Plc is covered by 1 analysts. 0 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 |
|---|---|
| Robert Omotunde | Meristem Securities Limited |

