Honeywell Flour Mills (NSA:HFM) EBITDA per Share: ₦4.04 (TTM As of Mar. 2025)


NSA:HFM Honeywell Flour Mills PLC NSA:HFM
70 GF Score
Price ₦15.15
GF Value ₦10.26
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Honeywell Flour Mills EBITDA per Share?

Honeywell Flour Mills NSA:HFM 70 EBITDA per Share is ₦4.04 as of Mar. 2025. GuruFocus rates NSA:HFM with a GF Score™ of 70/100 and a GF Value™ of ₦10.26 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,664 Consumer Packaged Goods companies, Honeywell Flour Mills ranks better than 86.6% on this metric.

Honeywell Flour Mills's EBITDA per Share for the six months ended in Mar. 2025 was ₦4.04. Its EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2025 was ₦4.04.

During the past 12 months, the average EBITDA per Share Growth Rate of Honeywell Flour Mills was 244.30% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 44.80% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 14.90% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 21.30% 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 EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Honeywell Flour Mills's EBITDA per Share or its related term are showing as below:

NSA:HFM' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -59.8   Med: 4.8   Max: 161.7
Current: 44.8

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Honeywell Flour Mills was 161.70% per year. The lowest was -59.80% per year. And the median was 4.80% per year.

NSA:HFM's 3-Year EBITDA Growth Rate is ranked better than
86.6% of 1664 companies
in the Consumer Packaged Goods industry
Industry Median: 7.9 vs NSA:HFM: 44.80

Honeywell Flour Mills's EBITDA for the six months ended in Mar. 2025 was ₦32,027 Mil.

During the past 12 months, the average EBITDA Growth Rate of Honeywell Flour Mills was 244.20% per year. During the past 3 years, the average EBITDA Growth Rate was 44.80% per year. During the past 5 years, the average EBITDA Growth Rate was 14.90% per year. During the past 10 years, the average EBITDA Growth Rate was 21.20% 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 EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Honeywell Flour Mills was 160.90% per year. The lowest was -59.60% per year. And the median was 4.80% per year.


Honeywell Flour Mills  (NSA:HFM) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Honeywell Flour Mills EBITDA per Share Related Terms


Honeywell Flour Mills EBITDA per Share Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills's EBITDA 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.

Honeywell Flour Mills EBITDA per Share Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.33 0.85 1.17 4.04

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBITDA 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 1.55 1.33 0.85 1.17 4.04
NSA:HFM
70GF Score
Honeywell Flour Mills PLC NSA:HFM
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honeywell Flour Mills EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Honeywell Flour Mills's EBITDA per Share for the fiscal year that ended in Mar. 2025 is calculated as

EBITDA per Share(A: Mar. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=32027.095/7930.198
=4.04

Honeywell Flour Mills's EBITDA per Share for the quarter that ended in Mar. 2025 is calculated as

EBITDA per Share(Q: Mar. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=32027.095/7930.198
=4.04

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2025 was ₦4.04

* 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 EBITDA per Share →
What does a EBITDA per Share of ₦4.04 mean?
Honeywell Flour Mills (NSA:HFM) has a EBITDA per Share of ₦4.04 as of Mar. 2025. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Honeywell Flour Mills and its competitors. According to the industry distribution chart, Honeywell Flour Mills ranks #223 out of 1664 companies in the Consumer Packaged Goods industry, placing it in the top 13.4%.
Is Honeywell Flour Mills' EBITDA per Share too high?
Honeywell Flour Mills' current EBITDA per Share is ₦4.04. Based on the distribution chart, Honeywell Flour Mills ranks #223 out of 1664 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Flour Mills has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' EBITDA per Share compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #223 out of 1664 companies for EBITDA per Share. This places Honeywell Flour Mills in the top 13% of its industry — outperforming the majority of peers. The industry median EBITDA per Share is 7.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA per Share for a Consumer Packaged Goods company?
The median EBITDA per Share among Consumer Packaged Goods companies is 7.90, based on 1,664 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA per Share significantly above this median, while those in the bottom quartile fall well below. However, EBITDA 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 EBITDA per Share mean?
A high EBITDA per Share can signal that a stock is expensive relative to its fundamentals. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median EBITDA per Share is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current EBITDA per Share is ₦4.04. 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 ₦10.26, compared to a current price of ₦15.15 — trading 47.7% above its estimated fair value. The current EBITDA per Share is ₦4.04. Honeywell Flour Mills' overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA per Share calculated?
EBITDA per Share is calculated from a company's financial statements. For Honeywell Flour Mills (NSA:HFM), the current EBITDA per Share is ₦4.04 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 ₦15.15 is trading 47.7% above its estimated GF Value™ of ₦10.26. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • EBITDA per Share: ₦4.04
  • GF Value™: ₦10.26 vs. price of ₦15.15 (47.7% above fair value)
  • GF Score™: 70/100 with 2 warning signs

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.
70GF Score

Get the complete analysis for NSA:HFM

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

₦15.15
Price
₦10.26
GF Value