Primary Exchange
NASD OTC
Sector Peer Benchmark
Nestlé Nigeria (NGX)
Valuation Parameters
math.js Scalar EngineAdjust parameters above to observe dynamic market cap updates, yield shifts, and illiquidity pricing discounts in real-time.
Market Cap (NGN)
70.78B
Shares × Price
Dividend Yield
8.00%
Dividend / Price
Implied P/E Ratio
9.20x
Price / EPS
OTC Discount vs NGX
-25.80%
Illiquidity Spread
Dual-Exchange Entity Architecture Map
FMCG Sector
NASD OTC Listing
SDWAMCO
FrieslandCampina WAMCO Nigeria Plc
Operating company for Peak Milk, Three Crowns, and Nunu. Direct commercial entity trading OTC.
NGX Mainboard Equivalent
NESTLE
Nestlé Nigeria Plc
Mainboard listed peer benchmark used for sector valuation multiples and liquidity comparison.
Key Market Insight: FrieslandCampina WAMCO trades on NASD OTC at a persistent illiquidity discount compared to NGX consumer giant Nestlé Nigeria despite dominant market share in dairy.
NASD OTC vs NGX Institutional Market Comparison
Dual Exchange Comparison Matrix| Market Feature | NASD OTC Exchange | Nigerian Exchange (NGX) | Analytical Impact |
|---|---|---|---|
| Primary Focus | Unlisted Public Limited Companies (PLCs) & Operating Subsidiaries | Mainboard Listed Enterprises & Parent Holdcos | NASD captures major operating entities prior to mainboard IPOs |
| Trading Liquidity | Lower daily volume, periodic price discovery | High continuous trading volume & institutional order flow | Triggers persistent 15-30% OTC illiquidity valuation discount |
| Structure Example | Access Bank Plc (Standalone Bank) | Access Holdings Plc (AccessCorp Holdco) | Holdco structure allows capital allocation across non-bank entities |
| Dividend Yield Typical Range | Often higher yield (7% - 12%) due to lower share prices | Moderate yield (4% - 9%) with higher price appreciation | Yield investors can harvest attractive dividend streams on OTC |
Valuation Summary & Export Confirmation
Target Entity: FrieslandCampina WAMCO Nigeria Plc | Market Cap: 70.78B NGN