Honeywell Flour Mills (NSA:HFM) Enterprise Value: ₦148,265 Mil (As of Jun. 29, 2026) ***


NSA:HFM Honeywell Flour Mills PLC NSA:HFM
69 GF Score
Price ₦15.85
GF Value ₦10.20
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Honeywell Flour Mills Enterprise Value?

Honeywell Flour Mills NSA:HFM 69 Enterprise Value is ₦148,265 Mil as of Jun. 29, 2026. GuruFocus rates NSA:HFM with a GF Score™ of 69/100 and a GF Value™ of ₦10.20 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Honeywell Flour Mills's Enterprise Value is ₦148,265 Mil. Honeywell Flour Mills's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₦25,840 Mil. Therefore, Honeywell Flour Mills's EV-to-EBIT ratio for today is 5.74.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Honeywell Flour Mills's Enterprise Value is ₦148,265 Mil. Honeywell Flour Mills's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was ₦32,027 Mil. Therefore, Honeywell Flour Mills's EV-to-EBITDA ratio for today is 4.63.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Honeywell Flour Mills's Enterprise Value is ₦148,265 Mil. Honeywell Flour Mills's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was ₦373,509 Mil. Therefore, Honeywell Flour Mills's EV-to-Revenue ratio for today is 0.40.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Honeywell Flour Mills's Enterprise Value is ₦148,265 Mil. Honeywell Flour Mills's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was ₦296,438 Mil. Therefore, Honeywell Flour Mills's EV-to-OCF ratio for today is 0.50.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Honeywell Flour Mills's Enterprise Value is ₦148,265 Mil. Honeywell Flour Mills's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 was ₦293,922 Mil. Therefore, Honeywell Flour Mills's EV-to-FCF ratio for today is 0.50.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Honeywell Flour Mills  (NSA:HFM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Honeywell Flour Mills's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=148265.361/25840.342
=5.74

Honeywell Flour Mills's current Enterprise Value is ₦148,265 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Honeywell Flour Mills's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₦25,840 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Honeywell Flour Mills's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=148265.361/32027.095
=4.63

Honeywell Flour Mills's current Enterprise Value is ₦148,265 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Honeywell Flour Mills's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was ₦32,027 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Honeywell Flour Mills's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=148265.361/373509.245
=0.40

Honeywell Flour Mills's current Enterprise Value is ₦148,265 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Honeywell Flour Mills's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was ₦373,509 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Honeywell Flour Mills's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=148265.361/296437.742
=0.50

Honeywell Flour Mills's current Enterprise Value is ₦148,265 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Honeywell Flour Mills's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was ₦296,438 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Honeywell Flour Mills's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=148265.361/293922.094
=0.50

Honeywell Flour Mills's current Enterprise Value is ₦148,265 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Honeywell Flour Mills's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 was ₦293,922 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.


Honeywell Flour Mills Enterprise Value Related Terms


Honeywell Flour Mills Enterprise Value Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills's Enterprise Value 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 Enterprise Value Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49,587.03 75,880.77 86,663.91 60,284.51 120,509.67

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Enterprise Value 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 49,587.03 75,880.77 86,663.91 60,284.51 120,509.67

NSA:HFM vs KHC, GIS, HRL: Enterprise Value Comparison

For the Packaged Foods subindustry, Honeywell Flour Mills's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Honeywell Flour Mills Enterprise Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Honeywell Flour Mills's Enterprise Value falls into.


NSA:HFM
69GF Score
Honeywell Flour Mills PLC NSA:HFM
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell Flour Mills Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Honeywell Flour Mills's Enterprise Value for the fiscal year that ended in Mar. 2025 is calculated as

Honeywell Flour Mills's Enterprise Value for the quarter that ended in Mar. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ₦148,265 Mil mean?
Honeywell Flour Mills (NSA:HFM) has a Enterprise Value of ₦148,265 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Honeywell Flour Mills and its competitors.
Is Honeywell Flour Mills' Enterprise Value too high?
Honeywell Flour Mills' current Enterprise Value is ₦148,265 Mil. Overall, Honeywell Flour Mills has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Enterprise Value compare to KHC and GIS?
Honeywell Flour Mills' Enterprise Value of ₦148,265 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Consumer Packaged Goods company?
A good Enterprise Value depends on the Consumer Packaged Goods industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Honeywell Flour Mills and its competitors. Honeywell Flour Mills's current Enterprise Value is ₦148,265 Mil. 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 ₦10.20, compared to a current price of ₦15.85 — trading 55.4% above its estimated fair value. The current Enterprise Value is ₦148,265 Mil. Honeywell Flour Mills' overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Honeywell Flour Mills (NSA:HFM), the current Enterprise Value is ₦148,265 Mil as of Jun. 29, 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 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 ₦15.85 is trading 55.4% above its estimated GF Value™ of ₦10.20. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • Enterprise Value: ₦148,265 Mil
  • GF Value™: ₦10.20 vs. price of ₦15.85 (55.4% above fair value)
  • GF Score™: 69/100 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.
69GF Score

Get the complete analysis for NSA:HFM

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

₦15.85
Price
₦10.20
GF Value