Dangote Sugar Refinery (NSA:DSRP) EBIT: ₦17,986 Mil (TTM As of Dec. 2025)


NSA:DSRP Dangote Sugar Refinery PLC NSA:DSRP
70 GF Score
Price ₦70.00
GF Value ₦78.80
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Dangote Sugar Refinery EBIT?

Dangote Sugar Refinery NSA:DSRP -0.71% 70 EBIT is ₦17,986 Mil as of Dec. 2025. GuruFocus rates NSA:DSRP with a GF Score™ of 70/100 and a GF Value™ of ₦78.80 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Dangote Sugar Refinery's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was ₦17,986 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was ₦17,986 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dangote Sugar Refinery's annualized ROC % for the quarter that ended in Dec. 2025 was 6.56%. Dangote Sugar Refinery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dangote Sugar Refinery's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.15%.

Dangote Sugar Refinery  (NSA:DSRP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Dangote Sugar Refinery's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=98532.619 * ( 1 - 11.29% )/( (1332346.201 + 1331270.119)/ 2 )
=87408.2863149/1331808.16
=6.56 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1050832.72 - 91327.772 - ( 147519.807 - max(0, 798797.769 - 425956.516+147519.807))
=1332346.201

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=965925.567 - 83180.421 - ( 52580.229 - max(0, 791848.682 - 343323.709+52580.229))
=1331270.119

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Dangote Sugar Refinery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17985.905/( ( (600751.402 + max(136621.424, 0)) + (594282.025 + max(163560.677, 0)) )/ 2 )
=17985.905/( ( 737372.826 + 757842.702 )/ 2 )
=17985.905/747607.764
=2.41 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20501.479 + 199014.48 + 32907.619) - (91327.772 + 0 + 24474.382)
=136621.424

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44642.812 + 175882.586 + 44186.255) - (83180.421 + 0 + 17970.555)
=163560.677

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Dangote Sugar Refinery's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=17985.905/1557735.628
=1.15 %

* 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 EBIT Related Terms

Dangote Sugar Refinery EBIT Historical Data

* Premium members only.

The historical data trend for Dangote Sugar Refinery's EBIT 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 EBIT Chart

Dangote Sugar Refinery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,342.02 82,545.26 -108,642.35 -231,539.74 17,985.91

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT 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 34,342.02 82,545.26 -108,642.35 -231,539.74 17,985.91

NSA:DSRP vs MDLZ, HSY, TR: EBIT Comparison

For the Confectioners subindustry, Dangote Sugar Refinery's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dangote Sugar Refinery's EV-to-EBIT falls into.


NSA:DSRP
70GF Score
Dangote Sugar Refinery PLC NSA:DSRP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Dangote Sugar Refinery EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was ₦17,986 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₦17,986 Mil mean?
Dangote Sugar Refinery (NSA:DSRP) has a EBIT of ₦17,986 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dangote Sugar Refinery.
Is Dangote Sugar Refinery's EBIT too high?
Dangote Sugar Refinery's current EBIT is ₦17,986 Mil. Overall, Dangote Sugar Refinery has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's EBIT compare to MDLZ and HSY?
Dangote Sugar Refinery's EBIT of ₦17,986 Mil 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 EBIT for a Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dangote Sugar Refinery. Dangote Sugar Refinery's current EBIT is ₦17,986 Mil. 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 Modestly Undervalued. The stock's GF Value™ is ₦78.80, compared to a current price of ₦70.00 — trading 11.2% below its estimated fair value. The current EBIT is ₦17,986 Mil. Dangote Sugar Refinery's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Dangote Sugar Refinery (NSA:DSRP), the current EBIT is ₦17,986 Mil 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 ₦70.00 is trading 11.2% below its estimated GF Value™ of ₦78.80. GuruFocus considers Dangote Sugar Refinery to be Modestly Undervalued.

Key valuation signals for NSA:DSRP:

  • EBIT: ₦17,986 Mil
  • GF Value™: ₦78.80 vs. price of ₦70.00 (11.2% below fair value)
  • GF Score™: 70/100 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.
70GF Score

Get the complete analysis for NSA:DSRP

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

₦70.00
Price
₦78.80
GF Value