Nestle NigeriaNSA:NESTLE 76 EPS without NRI is ₦143.65 as of Mar. 2026. GuruFocus rates NSA:NESTLE with a GF Score™ of 76/100 and a GF Value™ of ₦2,151.15 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,520 Consumer Packaged Goods companies, Nestle Nigeria ranks better than 74.08% on this metric.
Nestle Nigeria's earnings per share without non-recurring items for the
three
months ended in Mar. 2026 was ₦49.22.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was ₦143.65.
During the past 12 months, Nestle Nigeria's average earnings per share (NRI) Growth Rate was 1208.50% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 28.90% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% 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 Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Nestle Nigeria's EPS without NRI or its related term are showing as below:
NSA:NESTLE'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -29.1 Med: 13.7 Max: 79.3
Current: 28.9
During the past 13 years, Nestle Nigeria's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 79.30% per year. The lowest was -29.10% per year. And the median was 13.70% per year.
NSA:NESTLE's 3-Year EPS without NRI Growth Rate is ranked better than 74.08% of 1520
companies
in the Consumer Packaged Goods industry
Industry Median: 7.45
vs NSA:NESTLE: 28.90
Nestle Nigeria's EPS (Diluted) for the
three
months ended in Mar. 2026 was ₦49.20.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₦143.55.
Nestle Nigeria's EPS (Basic) for the
three
months ended in Mar. 2026 was ₦49.20.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₦143.55.
Nestle Nigeria (NSA:NESTLE) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
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.
Nestle Nigeria EPS without NRI Related Terms
Nestle Nigeria EPS without NRI Historical Data
* Premium members only.
The historical data trend for Nestle Nigeria's EPS without NRI 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.
NSA:NESTLE vs KHC, GIS, HRL: EPS without NRI Comparison
For the Packaged Foods subindustry, Nestle Nigeria's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Nestle Nigeria's PE Ratio without NRI falls into.
Earnings Per Share (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.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI 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 ₦143.65
* 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 EPS without NRI of ₦143.65 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Nestle Nigeria and its competitors. According to the industry distribution chart, Nestle Nigeria ranks #394 out of 1520 companies in the Consumer Packaged Goods industry, placing it in the top 25.9%.
Is Nestle Nigeria's EPS without NRI too high?
Nestle Nigeria's current EPS without NRI is ₦143.65. Based on the distribution chart, Nestle Nigeria ranks #394 out of 1520 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Nestle Nigeria has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's EPS without NRI compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Nigeria ranks #394 out of 1520 companies for EPS without NRI. This puts Nestle Nigeria in the upper half of its industry. The industry median EPS without NRI is 7.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Consumer Packaged Goods company?
The median EPS without NRI among Consumer Packaged Goods companies is 7.45, based on 1,520 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI 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 without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Nestle Nigeria and its competitors. For the Consumer Packaged Goods industry, the median EPS without NRI is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Nigeria's current EPS without NRI is ₦143.65. 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 Significantly Overvalued. The stock's GF Value™ is ₦2,151.15, compared to a current price of ₦3,125.00 — trading 45.3% above its estimated fair value. The current EPS without NRI is ₦143.65. Nestle Nigeria's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Nestle Nigeria (NSA:NESTLE), the current EPS without NRI is ₦143.65 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 Nestle Nigeria (NSA:NESTLE) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued.
The current stock price of ₦3,125.00 is trading 45.3% above its estimated GF Value™ of ₦2,151.15.
GuruFocus considers Nestle Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:NESTLE:
EPS without NRI: ₦143.65
GF Value™: ₦2,151.15 vs. price of ₦3,125.00 (45.3% above fair value)
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.
76GF Score
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