Nigerian Breweries (NSA:NB) EPS (Basic): ₦3.57 (TTM As of Mar. 2026)


NSA:NB Nigerian Breweries PLC NSA:NB
64 GF Score
Price ₦72.50
GF Value ₦30.66
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nigerian Breweries EPS (Basic)?

Nigerian Breweries NSA:NB -1.09% 64 EPS (Basic) is ₦3.57 as of Mar. 2026. GuruFocus rates NSA:NB with a GF Score™ of 64/100 and a GF Value™ of ₦30.66 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Nigerian Breweries's basic earnings per share (Basic EPS) for the three months ended in Mar. 2026 was ₦1.80. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Mar. 2026 was ₦3.57.

Nigerian Breweries's EPS (Diluted) for the three months ended in Mar. 2026 was ₦1.80. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₦3.57.

Nigerian Breweries's EPS without NRI for the three months ended in Mar. 2026 was ₦1.80. Its EPS without NRIearnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was 3.54.

During the past 3 years, the average EPS without NRI Growth Rate was 33.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 13 years, Nigerian Breweries's highest 3-Year average EPS without NRI Growth Rate was 33.40% per year. The lowest was -38.80% per year. And the median was -3.40% per year.

Nigerian Breweries  (NSA:NB) EPS (Basic) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.

Nigerian Breweries EPS (Basic) Related Terms

Nigerian Breweries EPS (Basic) Historical Data

* Premium members only.

The historical data trend for Nigerian Breweries's EPS (Basic) 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.

Nigerian Breweries EPS (Basic) Chart

Nigerian Breweries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS (Basic)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.46 -12.80 -12.07 3.19

Nigerian Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS (Basic) 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 1.43 1.42 -0.09 0.44 1.80
NSA:NB
64GF Score
Nigerian Breweries PLC NSA:NB
EPS (Basic) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nigerian Breweries EPS (Basic) Calculation

EPS (Basic) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Basic earnings per share (EPS) do not factor in the dilutive effects on convertible securities.

Nigerian Breweries's Basic EPS for the fiscal year that ended in Dec. 2025 is calculated as

Basic EPS (A: Dec. 2025 )=(Net Income-Preferred Dividends)/Shares Outstanding (Basic Average)
=(99100.309-0)/30983.027
=3.20

Nigerian Breweries's Basic EPS for the quarter that ended in Mar. 2026 is calculated as

Basic EPS (Q: Mar. 2026 )=(Net Income-Preferred Dividends)/Shares Outstanding (Basic Average)
=(55945.496-0)/30983.027
=1.81

EPS (Basic) 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 ₦3.57

* 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 EPS (Basic) →
What does a EPS (Basic) of ₦3.57 mean?
Nigerian Breweries (NSA:NB) has a EPS (Basic) of ₦3.57 as of Mar. 2026. Earnings per share (basic) equals net income divided by the standard, non-diluted average shares outstanding. View historical data on Nigerian Breweries and its competitors.
Is Nigerian Breweries' EPS (Basic) too high?
Nigerian Breweries' current EPS (Basic) is ₦3.57. 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' EPS (Basic) compare to STZ and TAP?
Nigerian Breweries' EPS (Basic) of ₦3.57 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS (Basic) for a Beverages - Alcoholic company?
A good EPS (Basic) depends on the Beverages - Alcoholic industry context. However, EPS (Basic) 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 EPS (Basic) mean?
A high EPS (Basic) can signal that a stock is expensive relative to its fundamentals. Earnings per share (basic) equals net income divided by the standard, non-diluted average shares outstanding. View historical data on Nigerian Breweries and its competitors. Nigerian Breweries's current EPS (Basic) is ₦3.57. 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 ₦30.66, compared to a current price of ₦72.50 — trading 136.5% above its estimated fair value. The current EPS (Basic) is ₦3.57. Nigerian Breweries' overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS (Basic) calculated?
EPS (Basic) is calculated from a company's financial statements. For Nigerian Breweries (NSA:NB), the current EPS (Basic) is ₦3.57 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 Nigerian Breweries (NSA:NB) Overvalued in 2026?

Based on GuruFocus' analysis, Nigerian Breweries stock appears to be overvalued. The current stock price of ₦72.50 is trading 136.5% above its estimated GF Value™ of ₦30.66. GuruFocus considers Nigerian Breweries to be Significantly Overvalued.

Key valuation signals for NSA:NB:

  • EPS (Basic): ₦3.57
  • GF Value™: ₦30.66 vs. price of ₦72.50 (136.5% above fair value)
  • GF Score™: 64/100 with 2 warning signs

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 Business Description

Address 1, Abebe Village Road, P. O. Box 545, Iganmu House, Iganmu, Lagos, NGA, 101241
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

Get the complete analysis for NSA:NB

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

₦72.50
Price
₦30.66
GF Value