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Nestle NigeriaNSA:NESTLE -10.00%74 EV-to-OCF is 8.57 as of Jul. 23, 2026, which is 52% below its 10-year median of 17.74. GuruFocus rates NSA:NESTLE with a GF Score™ of 74/100 and a GF Value™ of ₦2,184.21 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,990 Consumer Packaged Goods companies, Nestle Nigeria ranks worse than 55.08% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nestle Nigeria's Enterprise Value is ₦2,624,096 Mil.
Nestle Nigeria's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₦306,020 Mil. Therefore, Nestle Nigeria's EV-to-OCF for today is 8.57.
The historical rank and industry rank for Nestle Nigeria's EV-to-OCF or its related term are showing as below:
NSA:NESTLE'
s EV-to-OCF Range Over the Past 10 Years
Min: -201.64 Med: 17.74 Max: 369.94
Current: 9.38
During the past 13 years, the highest EV-to-OCF of Nestle Nigeria was 369.94. The lowest was -201.64. And the median was 17.74.
NSA:NESTLE's EV-to-OCF is ranked worse than 55.08% of 1990
companies
in the Consumer Packaged Goods industry
Industry Median: 8.08
vs NSA:NESTLE: 9.38
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.
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.
Nestle Nigeria's PE Ratio (TTM) for today is calculated as:
Nestle Nigeria's share price for today is ₦2812.50.
Nestle Nigeria'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 ₦143.550.
* 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.
Nestle Nigeria EV-to-OCF Related Terms
Nestle Nigeria EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Nestle Nigeria's EV-to-OCF 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 Packaged Foods subindustry, Nestle Nigeria'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.
Nestle Nigeria EV-to-OCF vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Nestle Nigeria's EV-to-OCF falls into.
Nestle Nigeria's current Enterprise Value is ₦2,624,096 Mil.
Nestle Nigeria'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 ₦306,020 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.
Nestle Nigeria (NSA:NESTLE) has a EV-to-OCF of 8.57 as of Jul. 23, 2026. This is 52% below median its historical median of 17.74. According to the industry distribution chart, Nestle Nigeria ranks #1096 out of 1990 companies in the Consumer Packaged Goods industry, placing it in the top 55.1%.
Is Nestle Nigeria's EV-to-OCF too high?
Nestle Nigeria's current EV-to-OCF of 8.57 is 52% below median its 10-year median of 17.74. The Consumer Packaged Goods industry median EV-to-OCF is 8.08. Nestle Nigeria's value of 8.57 is 6.1% above this industry median. Based on the distribution chart, Nestle Nigeria ranks #1096 out of 1990 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nestle Nigeria has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's EV-to-OCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Nigeria ranks #1096 out of 1990 companies for EV-to-OCF. This places Nestle Nigeria in the lower half of its industry. The industry median EV-to-OCF is 8.08. Nestle Nigeria's value of 8.57 is 6.1% above this benchmark. While the company's 10-year median is 17.74 vs. the industry median of 8.08, Nestle Nigeria 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 Consumer Packaged Goods company?
The median EV-to-OCF among Consumer Packaged Goods companies is 8.08, based on 1,990 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. Nestle Nigeria's current EV-to-OCF of 8.57 is 6.1% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median EV-to-OCF is 8.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Nigeria's current EV-to-OCF is 8.57, which is 52% below median its own 10-year median of 17.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Nestle Nigeria (NSA:NESTLE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦2,184.21, compared to a current price of ₦2,812.50 — trading 28.8% above its estimated fair value. The current EV-to-OCF is 8.57, which is 52% below median its 10-year median of 17.74 and 6.1% above the Consumer Packaged Goods industry median of 8.08. Nestle Nigeria's overall GF Score™ is 74/100 with 8 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 Nestle Nigeria (NSA:NESTLE), the current EV-to-OCF is 8.57 as of Jul. 23, 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 Nestle Nigeria (NSA:NESTLE) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued.
The current stock price of ₦2,812.50 is trading 28.8% above its estimated GF Value™ of ₦2,184.21.
GuruFocus considers Nestle Nigeria to be Modestly Overvalued.
Key valuation signals for NSA:NESTLE:
EV-to-OCF: 8.57 (52% below median its 10-year median of 17.74)
GF Value™: ₦2,184.21 vs. price of ₦2,812.50 (28.8% above fair value)
Industry Position: 6.1% above the Consumer Packaged Goods median (#1096 of 1990)
No single metric tells the full story. See the NSA:NESTLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The Food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The Beverage segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The Food segment generates the majority of the revenue. Geographically, the majority of the revenue is generated from Nigeria.
74GF Score
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