Ratings Nestlé Nigeria Plc

Equities

NESTLE

NGNESTLE0006

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
820 ^NGN	0.00%		-8.89%	-25.45%

Feb. 28	Nestlé Nigeria Plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Nestlé Nigeria Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 62% by 2026.
The company's profit outlook over the next few years is a strong asset.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The company's attractive earnings multiples are brought to light by a P/E ratio at 11.27 for the current year.
The company is one of the best yield companies with high dividend expectations.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
For the past twelve months, EPS forecast has been revised upwards.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The opinion of analysts covering the stock has improved over the past four months.

Weaknesses

The company is highly valued given the cash flows generated by its activity.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Sector: Food Processing

	1st Jan change	Capi.	ESG Refinitiv
NESTLÉ NIGERIA PLC	-25.45%	528M	-
MONDELEZ INTERNATIONAL, INC.	-1.55%	95.17B	C+
KRAFT HEINZ	+4.30%	46.28B	C+
DANONE	+1.84%	40.93B	B-
GENERAL MILLS, INC.	+9.93%	39.98B	B-
THE HERSHEY COMPANY	+0.91%	38.2B	B-
ARCHER-DANIELS-MIDLAND COMPANY	-14.76%	31B	B-
NESTLÉ INDIA LIMITED	-5.89%	28.94B	A
ASSOCIATED BRITISH FOODS PLC	+14.15%	25.4B	A-
YIHAI KERRY ARAWANA HOLDINGS CO., LTD	-10.70%	22.48B	A

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes