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Nigerian BreweriesNSA:NB +0.65%64 EV-to-EBIT is 11.09 as of Jul. 26, 2026, which is 27% below its 10-year median of 15.09. GuruFocus rates NSA:NB with a GF Score™ of 64/100 and a GF Value™ of ₦31.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 163 Beverages - Alcoholic companies, Nigerian Breweries ranks better than 64.42% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Nigerian Breweries's Enterprise Value for the quarter that ended in Mar. 2026 was ₦2,185,598 Mil.
Nigerian Breweries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦211,071 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.
Nigerian Breweries EV-to-EBIT Related Terms
Nigerian Breweries EV-to-EBIT Historical Data
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The historical data trend for Nigerian Breweries's EV-to-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.
For the Beverages - Brewers subindustry, Nigerian Breweries'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.
Nigerian Breweries EV-to-EBIT vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Nigerian Breweries's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Nigerian Breweries's EV-to-EBIT falls into.
Nigerian Breweries's current Enterprise Value is ₦2,340,513 Mil.
Nigerian Breweries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦211,071 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.
Nigerian Breweries (NSA:NB) has a EV-to-EBIT of 11.09 as of Jul. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nigerian Breweries and its competitors. This is 27% below median its historical median of 15.09. According to the industry distribution chart, Nigerian Breweries ranks #58 out of 163 companies in the Beverages - Alcoholic industry, placing it in the top 35.6%.
Is Nigerian Breweries' EV-to-EBIT too high?
Nigerian Breweries' current EV-to-EBIT of 11.09 is 27% below median its 10-year median of 15.09. The Beverages - Alcoholic industry median EV-to-EBIT is 13.81. Nigerian Breweries' value of 11.09 is 19.7% below this industry median. Based on the distribution chart, Nigerian Breweries ranks #58 out of 163 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' EV-to-EBIT compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Nigerian Breweries ranks #58 out of 163 companies for EV-to-EBIT. This puts Nigerian Breweries in the upper half of its industry. The industry median EV-to-EBIT is 13.81. Nigerian Breweries' value of 11.09 is 19.7% below this benchmark. While the company's 10-year median is 15.09 vs. the industry median of 13.81, Nigerian Breweries 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 EV-to-EBIT for a Beverages - Alcoholic company?
The median EV-to-EBIT among Beverages - Alcoholic companies is 13.81, based on 163 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nigerian Breweries's current EV-to-EBIT of 11.09 is 19.7% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nigerian Breweries and its competitors. For the Beverages - Alcoholic industry, the median EV-to-EBIT is 13.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nigerian Breweries's current EV-to-EBIT is 11.09, which is 27% below median its own 10-year median of 15.09. 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 ₦31.23, compared to a current price of ₦78.00 — trading 149.8% above its estimated fair value. The current EV-to-EBIT is 11.09, which is 27% below median its 10-year median of 15.09 and 19.7% below the Beverages - Alcoholic industry median of 13.81. Nigerian Breweries' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Nigerian Breweries (NSA:NB), the current EV-to-EBIT is 11.09 as of Jul. 26, 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 ₦78.00 is trading 149.8% above its estimated GF Value™ of ₦31.23.
GuruFocus considers Nigerian Breweries to be Significantly Overvalued.
Key valuation signals for NSA:NB:
EV-to-EBIT: 11.09 (27% below median its 10-year median of 15.09)
GF Value™: ₦31.23 vs. price of ₦78.00 (149.8% above fair value)
Industry Position: 19.7% below the Beverages - Alcoholic median (#58 of 163)
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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