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HBM NigeriaNSA:HBMNG 78 EV-to-FCF is 12.46 as of Jul. 15, 2026, which is 60% above its 10-year median of 7.79. GuruFocus rates NSA:HBMNG with a GF Score™ of 78/100 and a GF Value™ of ₦128.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 274 Building Materials companies, HBM Nigeria ranks better than 63.87% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, HBM Nigeria's Enterprise Value is ₦4,958,447 Mil.
HBM Nigeria's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₦397,858 Mil. Therefore, HBM Nigeria's EV-to-FCF for today is 12.46.
The historical rank and industry rank for HBM Nigeria's EV-to-FCF or its related term are showing as below:
NSA:HBMNG'
s EV-to-FCF Range Over the Past 10 Years
Min: -73.18 Med: 7.79 Max: 131.4
Current: 12.18
During the past 13 years, the highest EV-to-FCF of HBM Nigeria was 131.40. The lowest was -73.18. And the median was 7.79.
NSA:HBMNG's EV-to-FCF is ranked better than 63.87% of 274
companies
in the Building Materials industry
Industry Median: 18.795
vs NSA:HBMNG: 12.18
EV-to-FCF 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-FCF 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.
HBM Nigeria's PE Ratio (TTM) for today is calculated as:
HBM Nigeria's share price for today is ₦335.00.
HBM 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 ₦20.016.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
HBM Nigeria EV-to-FCF Related Terms
HBM Nigeria EV-to-FCF Historical Data
* Premium members only.
The historical data trend for HBM Nigeria's EV-to-FCF 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 Building Materials subindustry, HBM Nigeria's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
HBM Nigeria EV-to-FCF vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, HBM Nigeria's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where HBM Nigeria's EV-to-FCF falls into.
HBM Nigeria's current Enterprise Value is ₦4,958,447 Mil.
HBM Nigeria's Free Cash Flow 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 ₦397,858 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.
HBM Nigeria (NSA:HBMNG) has a EV-to-FCF of 12.46 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HBM Nigeria and its competitors. This is 60% above median its historical median of 7.79. According to the industry distribution chart, HBM Nigeria ranks #99 out of 274 companies in the Building Materials industry, placing it in the top 36.1%.
Is HBM Nigeria's EV-to-FCF too high?
HBM Nigeria's current EV-to-FCF of 12.46 is 60% above median its 10-year median of 7.79. The Building Materials industry median EV-to-FCF is 18.80. HBM Nigeria's value of 12.46 is 33.7% below this industry median. Based on the distribution chart, HBM Nigeria ranks #99 out of 274 companies in the Building Materials industry, which is above the industry midpoint. Overall, HBM Nigeria has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HBM Nigeria's EV-to-FCF compare to CRH and VMC?
According to the Building Materials industry distribution chart, HBM Nigeria ranks #99 out of 274 companies for EV-to-FCF. This puts HBM Nigeria in the upper half of its industry. The industry median EV-to-FCF is 18.80. HBM Nigeria's value of 12.46 is 33.7% below this benchmark. While the company's 10-year median is 7.79 vs. the industry median of 18.80, HBM 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 EV-to-FCF for a Building Materials company?
The median EV-to-FCF among Building Materials companies is 18.80, based on 274 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HBM Nigeria's current EV-to-FCF of 12.46 is 33.7% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HBM Nigeria and its competitors. For the Building Materials industry, the median EV-to-FCF is 18.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBM Nigeria's current EV-to-FCF is 12.46, which is 60% above median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBM Nigeria stock overvalued right now?
Based on GuruFocus' analysis, HBM Nigeria (NSA:HBMNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦128.48, compared to a current price of ₦335.00 — trading 160.7% above its estimated fair value. The current EV-to-FCF is 12.46, which is 60% above median its 10-year median of 7.79 and 33.7% below the Building Materials industry median of 18.80. HBM Nigeria's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For HBM Nigeria (NSA:HBMNG), the current EV-to-FCF is 12.46 as of Jul. 15, 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 HBM Nigeria (NSA:HBMNG) Overvalued in 2026?
Based on GuruFocus' analysis, HBM Nigeria stock appears to be overvalued.
The current stock price of ₦335.00 is trading 160.7% above its estimated GF Value™ of ₦128.48.
GuruFocus considers HBM Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:HBMNG:
EV-to-FCF: 12.46 (60% above median its 10-year median of 7.79)
GF Value™: ₦128.48 vs. price of ₦335.00 (160.7% above fair value)
Industry Position: 33.7% below the Building Materials median (#99 of 274)
No single metric tells the full story. See the NSA:HBMNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
78GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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