Nigerian BreweriesNSA:NB -1.09%64 EBITDA Margin % is 26.51% as of Mar. 2026, which is 39% above its 10-year median of 19.13. GuruFocus rates NSA:NB with a GF Score™ of 64/100 and a GF Value™ of ₦30.66 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Nigerian Breweries ranks better than 72.99% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Nigerian Breweries's EBITDA for the
three
months ended in Mar. 2026 was ₦109,482 Mil. Nigerian Breweries's Revenue for the
three
months ended in Mar. 2026 was ₦413,016 Mil. Therefore, Nigerian Breweries's EBITDA margin for the quarter that ended in Mar. 2026 was 26.51%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Nigerian Breweries EBITDA Margin % Related Terms
Nigerian Breweries EBITDA Margin % Historical Data
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The historical data trend for Nigerian Breweries's EBITDA Margin % 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.
For the Beverages - Brewers subindustry, Nigerian Breweries's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.
Nigerian Breweries EBITDA Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Nigerian Breweries's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Nigerian Breweries's EBITDA Margin % 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.
Nigerian Breweries (NSA:NB) has a EBITDA Margin % of 26.51% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Nigerian Breweries and its competitors. This is 39% above median its historical median of 19.13. According to the industry distribution chart, Nigerian Breweries ranks #57 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 27%.
Is Nigerian Breweries' EBITDA Margin % too high?
Nigerian Breweries' current EBITDA Margin % of 26.51% is 39% above median its 10-year median of 19.13. The Beverages - Alcoholic industry median EBITDA Margin % is 11.04. Nigerian Breweries' value of 26.51% is 140.1% above this industry median. Based on the distribution chart, Nigerian Breweries ranks #57 out of 211 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Nigerian Breweries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nigerian Breweries' EBITDA Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Nigerian Breweries ranks #57 out of 211 companies for EBITDA Margin %. This puts Nigerian Breweries in the upper half of its industry. The industry median EBITDA Margin % is 11.04. Nigerian Breweries' value of 26.51% is 140.1% above this benchmark. While the company's 10-year median is 19.13 vs. the industry median of 11.04, Nigerian Breweries 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 EBITDA Margin % for a Beverages - Alcoholic company?
The median EBITDA Margin % among Beverages - Alcoholic companies is 11.04, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nigerian Breweries's current EBITDA Margin % of 26.51% is 140.1% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Nigerian Breweries and its competitors. For the Beverages - Alcoholic industry, the median EBITDA Margin % is 11.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nigerian Breweries's current EBITDA Margin % is 26.51%, which is 39% above median its own 10-year median of 19.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nigerian Breweries stock overvalued right now?
Based on GuruFocus' analysis, Nigerian Breweries (NSA:NB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦30.66, compared to a current price of ₦72.50 — trading 136.5% above its estimated fair value. The current EBITDA Margin % is 26.51%, which is 39% above median its 10-year median of 19.13 and 140.1% above the Beverages - Alcoholic industry median of 11.04. Nigerian Breweries' overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Nigerian Breweries (NSA:NB), the current EBITDA Margin % is 26.51% as of Mar. 2026. 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 Nigerian Breweries (NSA:NB) Overvalued in 2026?
Based on GuruFocus' analysis, Nigerian Breweries stock appears to be overvalued.
The current stock price of ₦72.50 is trading 136.5% above its estimated GF Value™ of ₦30.66.
GuruFocus considers Nigerian Breweries to be Significantly Overvalued.
Key valuation signals for NSA:NB:
EBITDA Margin %: 26.51% (39% above median its 10-year median of 19.13)
GF Value™: ₦30.66 vs. price of ₦72.50 (136.5% above fair value)
Industry Position: 140.1% above the Beverages - Alcoholic median (#57 of 211)
No single metric tells the full story. See the NSA:NB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nigerian Breweries PLC is a Brewing firm. The company's principal activities are brewing, marketing, and selling lager, stout, non-alcoholic malt, and soft drinks. Geographically, it derives a majority of its revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa, and parts of the Middle East and Asia. The company's brands include Star, Goldberg, Turbo King, Ace Bitters, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.
64GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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