Honeywell Flour Mills (NSA:HFM) Debt-to-EBITDA : 0.87 (As of Mar. 2025) — 84% Below Median

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NSA:HFM Honeywell Flour Mills PLC NSA:HFM
69 GF Score
Price ₦19.00
GF Value ₦10.40
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Honeywell Flour Mills Debt-to-EBITDA?

Honeywell Flour Mills NSA:HFM +4.11% 69 Debt-to-EBITDA is 0.87 as of Mar. 2025, which is 84% below its 10-year median of 5.39. GuruFocus rates NSA:HFM with a GF Score™ of 69/100 and a GF Value™ of ₦10.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,553 Consumer Packaged Goods companies, Honeywell Flour Mills ranks better than 70.83% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Honeywell Flour Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₦6,783 Mil. Honeywell Flour Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₦21,053 Mil. Honeywell Flour Mills's annualized EBITDA for the quarter that ended in Mar. 2025 was ₦32,027 Mil. Honeywell Flour Mills's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 0.87.

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 Honeywell Flour Mills's Debt-to-EBITDA or its related term are showing as below:

NSA:HFM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.87   Med: 5.39   Max: 139.3
Current: 0.87

During the past 13 years, the highest Debt-to-EBITDA Ratio of Honeywell Flour Mills was 139.30. The lowest was 0.87. And the median was 5.39.

NSA:HFM's Debt-to-EBITDA is ranked better than
70.83% of 1553 companies
in the Consumer Packaged Goods industry
Industry Median: 2.07 vs NSA:HFM: 0.87

Honeywell Flour Mills  (NSA:HFM) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Honeywell Flour Mills Debt-to-EBITDA Related Terms


Honeywell Flour Mills Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills'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.

Honeywell Flour Mills Debt-to-EBITDA Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.91 5.86 11.53 3.70 0.87

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-EBITDA 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 4.91 5.86 11.53 3.70 0.87

NSA:HFM vs KHC, GIS, HRL: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, Honeywell Flour Mills'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.


Honeywell Flour Mills Debt-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Honeywell Flour Mills's Debt-to-EBITDA falls into.


NSA:HFM
69GF Score
Honeywell Flour Mills PLC NSA:HFM
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honeywell Flour Mills Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Honeywell Flour Mills's Debt-to-EBITDA for the fiscal year that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6782.847 + 21053.431) / 32027.095
=0.87

Honeywell Flour Mills's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6782.847 + 21053.431) / 32027.095
=0.87

* 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 (Mar. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.87 mean?
Honeywell Flour Mills (NSA:HFM) has a Debt-to-EBITDA of 0.87 as of Mar. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Honeywell Flour Mills. This is 84% below median its historical median of 5.39. Over the past decade, Honeywell Flour Mills' Debt-to-EBITDA has ranged from 0.87 to 139.30. According to the industry distribution chart, Honeywell Flour Mills ranks #453 out of 1553 companies in the Consumer Packaged Goods industry, placing it in the top 29.2%.
Is Honeywell Flour Mills' Debt-to-EBITDA too high?
Honeywell Flour Mills' current Debt-to-EBITDA of 0.87 is 84% below median its 10-year median of 5.39. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 139.30. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.07. Honeywell Flour Mills' value of 0.87 is 58% below this industry median. Based on the distribution chart, Honeywell Flour Mills ranks #453 out of 1553 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Honeywell Flour Mills has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Debt-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #453 out of 1553 companies for Debt-to-EBITDA. This puts Honeywell Flour Mills in the upper half of its industry. The industry median Debt-to-EBITDA is 2.07. Honeywell Flour Mills' value of 0.87 is 58% below this benchmark. Historically, Honeywell Flour Mills' own Debt-to-EBITDA has ranged from 0.87 to 139.30 over the past decade. While the company's 10-year median is 5.39 vs. the industry median of 2.07, Honeywell Flour Mills has consistently been below 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 2.07, based on 1,553 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. Honeywell Flour Mills's current Debt-to-EBITDA of 0.87 is 58% below 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 Honeywell Flour Mills. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current Debt-to-EBITDA is 0.87, which is 84% below median its own 10-year median of 5.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.40, compared to a current price of ₦19.00 — trading 82.7% above its estimated fair value. The current Debt-to-EBITDA is 0.87, which is 84% below median its 10-year median of 5.39 and 58% below the Consumer Packaged Goods industry median of 2.07. Honeywell Flour Mills' overall GF Score™ is 69/100 with 2 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 Honeywell Flour Mills (NSA:HFM), the current Debt-to-EBITDA is 0.87 as of Mar. 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 Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued. The current stock price of ₦19.00 is trading 82.7% above its estimated GF Value™ of ₦10.40. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • Debt-to-EBITDA: 0.87 (84% below median its 10-year median of 5.39)
  • GF Value™: ₦10.40 vs. price of ₦19.00 (82.7% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 58% below the Consumer Packaged Goods median (#453 of 1553)

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


Honeywell Flour Mills Business Description

Address Wharf road, No. 1 Golden penny place, Apapa, Lagos, NGA
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
69GF Score

Get the complete analysis for NSA:HFM

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦19.00
Price
₦10.40
GF Value