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.
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.
Dangote Sugar RefineryNSA:DSRP 71 Debt-to-EBITDA is 11.29 as of Dec. 2025, which is 12444% above its 10-year median of 0.09. GuruFocus rates NSA:DSRP with a GF Score™ of 71/100 and a GF Value™ of ₦81.03 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,550 Consumer Packaged Goods companies, Dangote Sugar Refinery ranks worse than 91.87% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Dangote Sugar Refinery's Debt-to-EBITDA or its related term are showing as below:
NSA:DSRP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.18 Med: 0.09 Max: 11.29
Current: 11.29
During the past 13 years, the highest Debt-to-EBITDA Ratio of Dangote Sugar Refinery was 11.29. The lowest was -4.18. And the median was 0.09.
NSA:DSRP's Debt-to-EBITDA is ranked worse than 91.87% of 1550
companies
in the Consumer Packaged Goods industry
Industry Median: 2.075
vs NSA:DSRP: 11.29
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Dangote Sugar Refinery Debt-to-EBITDA Related Terms
Dangote Sugar Refinery Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Dangote Sugar Refinery's Debt-to-EBITDA 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.
NSA:DSRP vs MDLZ, HSY, TR: Debt-to-EBITDA Comparison
For the Confectioners subindustry, Dangote Sugar Refinery's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dangote Sugar Refinery's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is one times the quarterly (Dec. 2025) EBITDA data.
Dangote Sugar Refinery (NSA:DSRP) has a Debt-to-EBITDA of 11.29 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dangote Sugar Refinery. This is 12444% above median its historical median of 0.09. According to the industry distribution chart, Dangote Sugar Refinery ranks #1424 out of 1550 companies in the Consumer Packaged Goods industry, placing it in the top 91.9%.
Is Dangote Sugar Refinery's Debt-to-EBITDA too high?
Dangote Sugar Refinery's current Debt-to-EBITDA of 11.29 is 12444% above median its 10-year median of 0.09. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.08. Dangote Sugar Refinery's value of 11.29 is 444.1% above this industry median. Based on the distribution chart, Dangote Sugar Refinery ranks #1424 out of 1550 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Dangote Sugar Refinery has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's Debt-to-EBITDA compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dangote Sugar Refinery ranks #1424 out of 1550 companies for Debt-to-EBITDA. This places Dangote Sugar Refinery in the lower half of its industry. The industry median Debt-to-EBITDA is 2.08. Dangote Sugar Refinery's value of 11.29 is 444.1% above this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 2.08, Dangote Sugar Refinery has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.08, based on 1,550 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dangote Sugar Refinery's current Debt-to-EBITDA of 11.29 is 444.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dangote Sugar Refinery. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Sugar Refinery's current Debt-to-EBITDA is 11.29, which is 12444% above median its own 10-year median of 0.09. 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 ₦81.03, compared to a current price of ₦78.70 — trading 2.9% below its estimated fair value. The current Debt-to-EBITDA is 11.29, which is 12444% above median its 10-year median of 0.09 and 444.1% above the Consumer Packaged Goods industry median of 2.08. Dangote Sugar Refinery's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Dangote Sugar Refinery (NSA:DSRP), the current Debt-to-EBITDA is 11.29 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 ₦78.70 is trading 2.9% below its estimated GF Value™ of ₦81.03.
GuruFocus considers Dangote Sugar Refinery to be Fairly Valued.
Key valuation signals for NSA:DSRP:
Debt-to-EBITDA: 11.29 (12444% above median its 10-year median of 0.09)
GF Value™: ₦81.03 vs. price of ₦78.70 (2.9% below fair value)
Industry Position: 444.1% above the Consumer Packaged Goods median (#1424 of 1550)
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 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.
71GF Score
Get the complete analysis for NSA:DSRP
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSA:DSRP has been successfully added to your 
