| NESTLE NIGERIA | |
| Bourse | Nigerian Stock Exchange |
| Code Name | NESTLE |
| Sector | CONSUMER GOODS |
| Market Classification | Main Board |
| Nature of Business | Manufacturing, Marketing and Distribution of food Products. |
| Date of Incorporation | Sep-25-1969 |
| Date Listed | Apr-20-1979 |
| End of Accounting Year | 31st March |
| Website | www.nestle-cwa.com/en/investors/nigeria |
| Registrar | Greenwich & Data Solutions |
| Auditor | ERNST & YOUNG |
| Share Price@Relsd (N) | 990.00 |
| Earnings per Share | (100.26) |
| Intrinsic Value(N) | 780.00 |
| Share Outstanding | 792,656,252 |
| Market Capitalization | 784,729,689,480 |
| NESTLE NIGERIA-FULL YEAR 2023 | |||
| Statement of Comprehensive Income | |||
| 2023 | 2022 | %CHG | |
| Turnover | 547,118,754,000 | 446,819,260,000 | 22.45 |
| Cost of Sales | 329,945,347,000 | 291,054,270,000 | 13.36 |
| Operating Profit | 123,787,596,000 | 87,468,624,000 | 41.52 |
| OPEX | 93,869,033,000 | 68,267,323,000 | 37.50 |
| DEPRECIATION | 11,672,988,000 | 9,752,565,000 | 19.69 |
| FINANCE COST | 233,503,964,000 | 21,136,366,000 | 1,004.75 |
| NET FINANCE INCOME | -227,813,025,000 | -16,359,253,000 | 1,292.56 |
| PBT | 79,473,781,000 | 48,965,488,000 | 62.31 |
| TAX | 24,551,648,000 | 22,143,883,000 | 10.87 |
| PAT | -79,473,781,000 | 48,965,488,000 | -262.31 |
| TOTAL COMP INCOME | -79,473,781,000 | 48,965,488,000 | -262.31 |
| Statement of Financial Position | |||
| Current Assets | 361,245,786,000 | 290,511,904,000 | 24.35 |
| Non Current Assets | 220,528,621,000 | 124,532,127,000 | 77.09 |
| Total Assets | 581,774,407,000 | 415,044,031,000 | 40.17 |
| Current Liabilities | 290,637,709,000 | 218,404,562,000 | 33.07 |
| Non Current Liabilities | 369,171,854,000 | 166,348,245,000 | 121.93 |
| Total Liabilities | 659,809,563,000 | 384,752,807,000 | 71.49 |
| Net Assets | 78,035,156,000 | 30,291,224,000 | 157.62 |
| Retained Earnings | -78,633,227,000 | 29,772,507,000 | -364.11 |
| Shares Outstanding | 792,656,252 | 792,656,252 | |
| Financial Strength/Solvency Ratio | |||
| TICKERS | 2023 | 2022 | %CHG |
| Debt Ratio | 113.41% | 92.70% | 22.34 |
| Total Debt to Equity Ratio (MRQ) | 845.53% | 1270.18% | -33.43 |
| Equity Ratio | 13.41% | 7.30% | 83.79 |
| TICKERS | 2023 | Industrial Average | %CHG |
| Beta Value | 0.41 | 0.89 | -53.93 |
| PROFITABILITY RATIOS | |||
| TICKERS | 2023 | 2022 | %CHG |
| EBITDA MARGIN | 22.63% | 19.58% | 15.58 |
| PRE-TAX MARGIN | 14.53% | 10.96% | 32.55 |
| EFFECTIVE TAX RATE | -30.89% | 45.22% | -168.31 |
| CS TO TO | 60.31% | 65.14% | -7.42 |
| ROE | -101.84% | 161.65% | -163.00 |
| ROA | -13.66% | 11.80% | -215.79 |
| EFFICIENCY RATIOS | |||
| 2023 | 2022 | %Chg | |
| OPEX TO TO | 17.16% | 15.28% | 12.29 |
| TO TO TA | 94.04% | 107.66% | -12.64 |
| Investment/Valuation Ratios | |||
| Tickers | 2023 | 2022 | %Chg |
| Price at Released | 990.00 | 1080.30 | -8.36 |
| EPS | -100.26 | 61.77 | -262.31 |
| TCIP/SHARE | -100.26 | 61.77 | -262.31 |
| P/E-Ratio | -9.87 | 17.49 | 156.46 |
| Earnings Yield | -10.13% | 5.72% | -277.11 |
| BV/Share | 98.45 | 38.21 | 157.62 |
| PBV | 10.06 | 28.27 | -64.43 |
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