Dangote Cement (NSA:DCP) Effective Interest Rate on Debt %: 37.66% (As of Mar. 2026)


NSA:DCP Dangote Cement PLC NSA:DCP
100 GF Score
Price ₦1,047.00
GF Value ₦814.28
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Dangote Cement Effective Interest Rate on Debt %?

Dangote Cement NSA:DCP 100 Effective Interest Rate on Debt % is 37.66% as of Mar. 2026. GuruFocus rates NSA:DCP with a GF Score™ of 100/100 and a GF Value™ of ₦814.28 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Dangote Cement's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₦331,152 Mil. Dangote Cement's average total debt for the quarter that ended in Mar. 2026 was ₦879,323 Mil. Therefore, Dangote Cement's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 37.66%.


Dangote Cement  (NSA:DCP) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Dangote Cement Effective Interest Rate on Debt % Related Terms


Dangote Cement Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Dangote Cement's Effective Interest Rate on Debt % 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 Cement Effective Interest Rate on Debt % Chart

Dangote Cement Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.38 19.25 29.39 50.97 30.52

Dangote Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only 25.56 17.65 14.23 20.91 37.66

NSA:DCP vs CRH, VMC, MLM: Effective Interest Rate on Debt % Comparison

For the Building Materials subindustry, Dangote Cement's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Cement Effective Interest Rate on Debt % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dangote Cement's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Dangote Cement's Effective Interest Rate on Debt % falls into.


NSA:DCP
100GF Score
Dangote Cement PLC NSA:DCP
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dangote Cement Effective Interest Rate on Debt % Calculation

Dangote Cement's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -346196/( (1157573+1111308)/ 2 )
=-1  *  -346196/1134440.5
=30.52 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26317 + 1131256
=1157573

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=384407 + 726901
=1111308

Dangote Cement's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -331152/( (1111308+647337)/ 2 )
=-1  *  -331152/879322.5
=37.66 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=384407 + 726901
=1111308

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=330263 + 317074
=647337

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 37.66% mean?
Dangote Cement (NSA:DCP) has a Effective Interest Rate on Debt % of 37.66% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Dangote Cement and its competitors.
Is Dangote Cement's Effective Interest Rate on Debt % too high?
Dangote Cement's current Effective Interest Rate on Debt % is 37.66%. Overall, Dangote Cement has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Cement's Effective Interest Rate on Debt % compare to CRH and VMC?
Dangote Cement's Effective Interest Rate on Debt % of 37.66% can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Building Materials company?
A good Effective Interest Rate on Debt % depends on the Building Materials industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Dangote Cement and its competitors. Dangote Cement's current Effective Interest Rate on Debt % is 37.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Cement stock overvalued right now?
Based on GuruFocus' analysis, Dangote Cement (NSA:DCP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦814.28, compared to a current price of ₦1,047.00 — trading 28.6% above its estimated fair value. The current Effective Interest Rate on Debt % is 37.66%. Dangote Cement's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Dangote Cement (NSA:DCP), the current Effective Interest Rate on Debt % is 37.66% 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 Dangote Cement (NSA:DCP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Cement stock appears to be overvalued. The current stock price of ₦1,047.00 is trading 28.6% above its estimated GF Value™ of ₦814.28. GuruFocus considers Dangote Cement to be Modestly Overvalued.

Key valuation signals for NSA:DCP:

  • Effective Interest Rate on Debt %: 37.66%
  • GF Value™: ₦814.28 vs. price of ₦1,047.00 (28.6% above fair value)
  • GF Score™: 100/100 with 1 warning sign

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


Dangote Cement Business Description

Address 1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA
Dangote Cement PLC is a cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. The principal activity of the Company and its subsidiaries is to operate plants for the preparation, manufacture and distribution of cement and related products. The Company's production activities are undertaken at Obajana town in Kogi State, Gboko in Benue State and Ibese in Ogun State; all in Nigeria. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.
100GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦1,047.00
Price
₦814.28
GF Value