Dangote Sugar Refinery (NSA:DSRP) Book Value per Share: ₦10.24 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:DSRP Dangote Sugar Refinery PLC NSA:DSRP
65 GF Score
Price ₦73.00
GF Value ₦80.28
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Dangote Sugar Refinery Book Value per Share?

Dangote Sugar Refinery NSA:DSRP +0.07% 65 Book Value per Share is ₦10.24 as of Dec. 2025. GuruFocus rates NSA:DSRP with a GF Score™ of 65/100 and a GF Value™ of ₦80.28 (Fairly Valued). The stock has 9 warning signs investors should review.

Dangote Sugar Refinery's book value per share for the quarter that ended in Dec. 2025 was ₦10.24.

During the past 12 months, Dangote Sugar Refinery's average Book Value Per Share Growth Rate was -39.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dangote Sugar Refinery was 21.60% per year. The lowest was -14.00% per year. And the median was 9.70% per year.

Dangote Sugar Refinery's current price is ₦73.00. Its book value per share for the quarter that ended in Dec. 2025 was ₦10.24. Hence, today's PB Ratio of Dangote Sugar Refinery is 7.13.

During the past 13 years, the highest P/B Ratio of Dangote Sugar Refinery was 12.66. The lowest was 0.98. And the median was 1.74.


Dangote Sugar Refinery  (NSA:DSRP) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Dangote Sugar Refinery Book Value per Share Related Terms


Dangote Sugar Refinery Book Value per Share Historical Data

* Premium members only.

The historical data trend for Dangote Sugar Refinery's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dangote Sugar Refinery Book Value per Share Chart

Dangote Sugar Refinery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.21 13.59 6.29 16.84 10.24

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.21 13.59 6.29 16.84 10.24

NSA:DSRP vs MDLZ, HSY, TR: Book Value per Share Comparison

For the Confectioners subindustry, Dangote Sugar Refinery's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dangote Sugar Refinery PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dangote Sugar Refinery's PB Ratio falls into.


NSA:DSRP
65GF Score
Dangote Sugar Refinery PLC NSA:DSRP
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dangote Sugar Refinery Book Value per Share Calculation

Dangote Sugar Refinery's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(129,081-0)/12,605
=10.24

Dangote Sugar Refinery's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(129,081-0)/12,605
=10.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ₦10.24 mean?
Dangote Sugar Refinery (NSA:DSRP) has a Book Value per Share of ₦10.24 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Dangote Sugar Refinery and its competitors.
Is Dangote Sugar Refinery's Book Value per Share too high?
Dangote Sugar Refinery's current Book Value per Share is ₦10.24. Overall, Dangote Sugar Refinery has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's Book Value per Share compare to MDLZ and HSY?
Dangote Sugar Refinery's Book Value per Share of ₦10.24 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Consumer Packaged Goods company?
A good Book Value per Share depends on the Consumer Packaged Goods industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Dangote Sugar Refinery and its competitors. Dangote Sugar Refinery's current Book Value per Share is ₦10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Sugar Refinery stock overvalued right now?
Based on GuruFocus' analysis, Dangote Sugar Refinery (NSA:DSRP) is currently considered Fairly Valued. The stock's GF Value™ is ₦80.28, compared to a current price of ₦73.00 — trading 9.1% below its estimated fair value. The current Book Value per Share is ₦10.24. Dangote Sugar Refinery's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Dangote Sugar Refinery (NSA:DSRP), the current Book Value per Share is ₦10.24 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dangote Sugar Refinery (NSA:DSRP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Sugar Refinery stock appears to be undervalued. The current stock price of ₦73.00 is trading 9.1% below its estimated GF Value™ of ₦80.28. GuruFocus considers Dangote Sugar Refinery to be Fairly Valued.

Key valuation signals for NSA:DSRP:

  • Book Value per Share: ₦10.24
  • GF Value™: ₦80.28 vs. price of ₦73.00 (9.1% below fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the NSA:DSRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dangote Sugar Refinery Business Description

Address Terminal E, Shed 20, 3rd Floor, GDNL Building, NPA Wharf Port Complex, Apapa, Lagos, NGA
Dangote Sugar Refinery PLC is engaged in refining raw sugar to produce fortified and non-fortified granulated white sugar. The company distributes refined white sugar to consumers and industrial customers in Nigeria. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of its revenue from the Lagos region.
65GF Score

Get the complete analysis for NSA:DSRP

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦73.00
Price
₦80.28
GF Value