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International BreweriesNSA:IBP -9.85%47 EV-to-OCF is 68.75 as of Jul. 28, 2026, which is 1598% above its 10-year median of 4.05. GuruFocus rates NSA:IBP with a GF Score™ of 47/100 and a GF Value™ of ₦2.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 210 Beverages - Alcoholic companies, International Breweries ranks worse than 92.38% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, International Breweries's Enterprise Value is ₦1,969,687 Mil.
International Breweries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₦28,651 Mil. Therefore, International Breweries's EV-to-OCF for today is 68.75.
The historical rank and industry rank for International Breweries's EV-to-OCF or its related term are showing as below:
NSA:IBP'
s EV-to-OCF Range Over the Past 10 Years
Min: -218.98 Med: 4.05 Max: 114.62
Current: 76.68
During the past 9 years, the highest EV-to-OCF of International Breweries was 114.62. The lowest was -218.98. And the median was 4.05.
NSA:IBP's EV-to-OCF is ranked worse than 92.38% of 210
companies
in the Beverages - Alcoholic industry
Industry Median: 9.94
vs NSA:IBP: 76.68
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
International Breweries (NSA:IBP) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
International Breweries's PE Ratio (TTM) for today is calculated as:
International Breweries's share price for today is ₦12.35.
International Breweries's Earnings per Share (Diluted) 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 ₦0.330.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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, International Breweries's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
International Breweries EV-to-OCF vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, International Breweries's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where International Breweries's EV-to-OCF falls into.
International Breweries's current Enterprise Value is ₦1,969,687 Mil.
International Breweries's Cash Flow from Operations 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 ₦28,651 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.
International Breweries (NSA:IBP) has a EV-to-OCF of 68.75 as of Jul. 28, 2026. This is 1598% above median its historical median of 4.05. According to the industry distribution chart, International Breweries ranks #194 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 92.4%.
Is International Breweries' EV-to-OCF too high?
International Breweries' current EV-to-OCF of 68.75 is 1598% above median its 10-year median of 4.05. The Beverages - Alcoholic industry median EV-to-OCF is 9.94. International Breweries' value of 68.75 is 591.6% above this industry median. Based on the distribution chart, International Breweries ranks #194 out of 210 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, International Breweries has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Breweries' EV-to-OCF compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, International Breweries ranks #194 out of 210 companies for EV-to-OCF. This places International Breweries in the lower half of its industry. The industry median EV-to-OCF is 9.94. International Breweries' value of 68.75 is 591.6% above this benchmark. While the company's 10-year median is 4.05 vs. the industry median of 9.94, International 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 EV-to-OCF for a Beverages - Alcoholic company?
The median EV-to-OCF among Beverages - Alcoholic companies is 9.94, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Breweries's current EV-to-OCF of 68.75 is 591.6% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Beverages - Alcoholic industry, the median EV-to-OCF is 9.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Breweries's current EV-to-OCF is 68.75, which is 1598% above median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Breweries stock overvalued right now?
Based on GuruFocus' analysis, International Breweries (NSA:IBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.35, compared to a current price of ₦12.35 — trading 425.5% above its estimated fair value. The current EV-to-OCF is 68.75, which is 1598% above median its 10-year median of 4.05 and 591.6% above the Beverages - Alcoholic industry median of 9.94. International Breweries' overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For International Breweries (NSA:IBP), the current EV-to-OCF is 68.75 as of Jul. 28, 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 International Breweries (NSA:IBP) Overvalued in 2026?
Based on GuruFocus' analysis, International Breweries stock appears to be overvalued.
The current stock price of ₦12.35 is trading 425.5% above its estimated GF Value™ of ₦2.35.
GuruFocus considers International Breweries to be Significantly Overvalued.
Key valuation signals for NSA:IBP:
EV-to-OCF: 68.75 (1598% above median its 10-year median of 4.05)
GF Value™: ₦2.35 vs. price of ₦12.35 (425.5% above fair value)
Industry Position: 591.6% above the Beverages - Alcoholic median (#194 of 210)
No single metric tells the full story. See the NSA:IBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Breweries PLC engages in brewing, packaging, and marketing beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria. The company offers its products under the Trophy Lager, Trophy Black, Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt, Betamalt malt drink, and Voltic Water brands.
47GF Score
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