PZ Cussons Nigeria (NSA:PZ) Equity-to-Asset: 0.44 (As of May. 2026) — 29% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:PZ PZ Cussons Nigeria PLC NSA:PZ
71 GF Score
Price ₦77.00
GF Value ₦49.83
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is PZ Cussons Nigeria Equity-to-Asset?

PZ Cussons Nigeria NSA:PZ 71 Equity-to-Asset is 0.44 as of May. 2026, which is 29% above its 10-year median of 0.34. GuruFocus rates NSA:PZ with a GF Score™ of 71/100 and a GF Value™ of ₦49.83 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,998 Consumer Packaged Goods companies, PZ Cussons Nigeria ranks worse than 65.12% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PZ Cussons Nigeria's Total Stockholders Equity for the quarter that ended in May. 2026 was ₦70,019 Mil. PZ Cussons Nigeria's Total Assets for the quarter that ended in May. 2026 was ₦161,127 Mil. Therefore, PZ Cussons Nigeria's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.44.

The historical rank and industry rank for PZ Cussons Nigeria's Equity-to-Asset or its related term are showing as below:

NSA:PZ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.16   Med: 0.34   Max: 0.48
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of PZ Cussons Nigeria was 0.48. The lowest was -0.16. And the median was 0.34.

NSA:PZ's Equity-to-Asset is ranked worse than
65.12% of 1998 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs NSA:PZ: 0.44

PZ Cussons Nigeria  (NSA:PZ) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


PZ Cussons Nigeria Equity-to-Asset Related Terms


PZ Cussons Nigeria Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for PZ Cussons Nigeria's Equity-to-Asset 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.

PZ Cussons Nigeria Equity-to-Asset Chart

PZ Cussons Nigeria Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.26 -0.16 -0.09 0.44

PZ Cussons Nigeria Quarterly Data
May21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Equity-to-Asset 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 -0.09 -0.01 0.03 0.12 0.44

NSA:PZ vs PG, CL, KVUE: Equity-to-Asset Comparison

For the Household & Personal Products subindustry, PZ Cussons Nigeria's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


PZ Cussons Nigeria Equity-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PZ Cussons Nigeria's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PZ Cussons Nigeria's Equity-to-Asset falls into.


NSA:PZ
71GF Score
PZ Cussons Nigeria PLC NSA:PZ
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PZ Cussons Nigeria Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

PZ Cussons Nigeria's Equity to Asset Ratio for the fiscal year that ended in May. 2026 is calculated as

Equity to Asset (A: May. 2026 )=Total Stockholders Equity/Total Assets
=70019.29/161126.914
=0.43

PZ Cussons Nigeria's Equity to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Equity to Asset (Q: May. 2026 )=Total Stockholders Equity/Total Assets
=70019.29/161126.914
=0.43

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.44 mean?
PZ Cussons Nigeria (NSA:PZ) has a Equity-to-Asset of 0.44 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PZ Cussons Nigeria and its competitors. This is 29% above median its historical median of 0.34. According to the industry distribution chart, PZ Cussons Nigeria ranks #1301 out of 1998 companies in the Consumer Packaged Goods industry, placing it in the top 65.1%.
Is PZ Cussons Nigeria's Equity-to-Asset too high?
PZ Cussons Nigeria's current Equity-to-Asset of 0.44 is 29% above median its 10-year median of 0.34. The Consumer Packaged Goods industry median Equity-to-Asset is 0.55. PZ Cussons Nigeria's value of 0.44 is 20% below this industry median. Based on the distribution chart, PZ Cussons Nigeria ranks #1301 out of 1998 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PZ Cussons Nigeria has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PZ Cussons Nigeria's Equity-to-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, PZ Cussons Nigeria ranks #1301 out of 1998 companies for Equity-to-Asset. This places PZ Cussons Nigeria in the lower half of its industry. The industry median Equity-to-Asset is 0.55. PZ Cussons Nigeria's value of 0.44 is 20% below this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 0.55, PZ Cussons Nigeria has consistently been below 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 Equity-to-Asset for a Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.55, based on 1,998 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PZ Cussons Nigeria's current Equity-to-Asset of 0.44 is 20% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PZ Cussons Nigeria and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PZ Cussons Nigeria's current Equity-to-Asset is 0.44, which is 29% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PZ Cussons Nigeria stock overvalued right now?
Based on GuruFocus' analysis, PZ Cussons Nigeria (NSA:PZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦49.83, compared to a current price of ₦77.00 — trading 54.5% above its estimated fair value. The current Equity-to-Asset is 0.44, which is 29% above median its 10-year median of 0.34 and 20% below the Consumer Packaged Goods industry median of 0.55. PZ Cussons Nigeria's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For PZ Cussons Nigeria (NSA:PZ), the current Equity-to-Asset is 0.44 as of May. 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 PZ Cussons Nigeria (NSA:PZ) Overvalued in 2026?

Based on GuruFocus' analysis, PZ Cussons Nigeria stock appears to be overvalued. The current stock price of ₦77.00 is trading 54.5% above its estimated GF Value™ of ₦49.83. GuruFocus considers PZ Cussons Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:PZ:

  • Equity-to-Asset: 0.44 (29% above median its 10-year median of 0.34)
  • GF Value™: ₦49.83 vs. price of ₦77.00 (54.5% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 20% below the Consumer Packaged Goods median (#1301 of 1998)

No single metric tells the full story. See the NSA:PZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PZ Cussons Nigeria Business Description

Address 3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG
PZ Cussons Nigeria PLC manufactures, distributes and sells consumer products and home appliances. The company's operating segment includes Home and Personal Care Products and Durable Electrical Appliances. It generates maximum revenue from the Home and Personal Care Products segment. Home and Personal Care Products segment includes the production and sale of Morning Fresh, Zip, Canoe, Premier, Excel, Joy, Stella, Venus, Imperial Leather, Cussons Baby, Original Source, Carex, Robb, and others. The Durable Electrical Appliances segment includes the production and sale of Haier Thermocool Refrigerators, Freezers, Televisions, Generators, Air conditioners, Washing Machines and others. Geographically it derives revenue from Nigeria.
71GF Score

Get the complete analysis for NSA:PZ

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

₦77.00
Price
₦49.83
GF Value