Valuation: Nigerian Breweries Plc

Market Cap 2,293B 1.66B 1.45B 1.34B 1.23B 2.33B 160B 2.37B 15.99B 6.27B 78.09B 6.24B 6.1B 269B P/E 2026 *
12x
P/E 2027 * 11.6x
Enterprise Value 2,136B 1.55B 1.35B 1.25B 1.15B 2.17B 149B 2.21B 14.89B 5.84B 72.75B 5.81B 5.68B 251B EV / Sales 2026 *
1.19x
EV / Sales 2027 * 0.96x
Free-Float
27.02%
Yield 2026 *
4.98%
Yield 2027 * 6.42%
1 day+4.23%
1 week+0.82%
Current month+2.07%
1 month-6.92%
3 months+0.14%
6 months-11.90%
Current year-1.73%
1 week 70
Extreme 70
74
1 month 70
Extreme 70
80.5
Current year 67
Extreme 67
103
1 year 60
Extreme 60
103
3 years 22.6
Extreme 22.6
103
5 years 22.6
Extreme 22.6
103
10 years 17.6
Extreme 17.6
154.4
Manager TitleAgeSince
Chief Executive Officer - 30/06/2025
Director of Finance/CFO - 19/09/2025
Chief Tech/Sci/R&D Officer - 31/12/2019
Director TitleAgeSince
Director/Board Member 63 19/02/2013
Director/Board Member 66 31/08/2015
Director/Board Member - 31/12/2018
Change 5-day change 1-year change 3-year change Capi.($)
+4.23%+0.82%+5.71%+89.74% 1.66B
+0.55%+2.33%+133.98%+3,686.94% 317B
-0.09%-0.06%+20.76%+34.65% 155B
-1.52%-0.32%+17.33%+5.63% 47.53B
+0.24%+0.50%+0.80%-21.81% 46.81B
+0.23%+1.00%-20.69%-48.47% 22.48B
+0.36%+0.87%+7.92%-13.99% 21.56B
+0.20%-1.08%+3.14%-11.32% 19.66B
-0.50%-2.86%-16.56%-12.98% 14.33B
+0.12%-1.85%+44.55%+38.28% 14.11B
Average +0.38%-0.41%+19.69%+374.67% 66.07B
Weighted average by Cap. +0.18%+0.87%+70.75%+1,774.83%

Financials

2026 *2027 *
Net sales 1,788B 1.29B 1.13B 1.04B 960M 1.82B 125B 1.85B 12.47B 4.89B 60.89B 4.86B 4.76B 210B 2,194B 1.59B 1.39B 1.28B 1.18B 2.23B 153B 2.27B 15.3B 6B 74.73B 5.97B 5.84B 258B
Net income 189B 137M 120M 110M 102M 192M 13.17B 196M 1.32B 517M 6.44B 514M 503M 22.19B 219B 159M 139M 128M 118M 223M 15.26B 227M 1.53B 599M 7.46B 595M 582M 25.7B
Net Debt -157B -114M -99.33M -91.63M -84.23M -160M -10.93B -162M -1.09B -429M -5.34B -427M -417M -18.42B -197B -142M -124M -115M -106M -200M -13.7B -203M -1.37B -538M -6.69B -535M -523M -23.07B
Logo Nigerian Breweries Plc
Nigerian Breweries Plc is a leading Nigerian beer producer. The group's activity is organized around two families of products: - beer: Star, Gulder, Legend, Heineken and Amstel Malta brands; - non-alcoholic malt beverages: Fayrouz and Maltina brands. At the end of 2021, the group had 9 breweries and 2 malting plants located in Nigeria. Nigeria accounts for 99.9% of net sales.
Employees
2,282
Sector
Brewers
Date Price Change Volume
15/07/26 NGN 74.00 +4.23% 899,755
14/07/26 NGN 71.00 -4.05% 729,017
13/07/26 NGN 74.00 +0.41% 4,615,237
10/07/26 NGN 73.70 -1.60% 2,099,401
09/07/26 NGN 74.90 +2.04% 4,034,455
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
74.00NGN
Average target price
91.36NGN
Spread / Average Target
+23.46%

Annual profits - Rate of surprise