Honeywell Flour Mills (NSA:HFM) EV-to-FCF: 0.45 (As of Jul. 03, 2026) — 36% Below Median


NSA:HFM Honeywell Flour Mills PLC NSA:HFM
70 GF Score
Price ₦14.00
GF Value ₦10.23
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Honeywell Flour Mills EV-to-FCF?

Honeywell Flour Mills NSA:HFM -3.45% 70 EV-to-FCF is 0.45 as of Jul. 03, 2026, which is 36% below its 10-year median of 0.70. GuruFocus rates NSA:HFM with a GF Score™ of 70/100 and a GF Value™ of ₦10.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,189 Consumer Packaged Goods companies, Honeywell Flour Mills ranks better than 98.15% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Honeywell Flour Mills's Enterprise Value is ₦133,594 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 for today is 0.45.

The historical rank and industry rank for Honeywell Flour Mills's EV-to-FCF or its related term are showing as below:

NSA:HFM' s EV-to-FCF Range Over the Past 10 Years
Min: -42.33   Med: 0.7   Max: 22.63
Current: 0.5

During the past 13 years, the highest EV-to-FCF of Honeywell Flour Mills was 22.63. The lowest was -42.33. And the median was 0.70.

NSA:HFM's EV-to-FCF is ranked better than
98.15% of 1189 companies
in the Consumer Packaged Goods industry
Industry Median: 15.4 vs NSA:HFM: 0.50

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.

As of today (2026-07-03), Honeywell Flour Mills's stock price is ₦14.00. Honeywell Flour Mills's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was ₦1.840. Therefore, Honeywell Flour Mills's PE Ratio (TTM) for today is 7.61.


Honeywell Flour Mills  (NSA:HFM) EV-to-FCF Explanation

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.

Honeywell Flour Mills's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.00/1.840
=7.61

Honeywell Flour Mills's share price for today is ₦14.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Honeywell Flour Mills's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was ₦1.840.

* 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.


Honeywell Flour Mills EV-to-FCF Related Terms


Honeywell Flour Mills EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills'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.

Honeywell Flour Mills EV-to-FCF Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.09 -40.63 -10.21 0.88 0.41

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-FCF 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 4.09 -40.63 -10.21 0.88 0.41

NSA:HFM vs KHC, GIS, HRL: EV-to-FCF Comparison

For the Packaged Foods subindustry, Honeywell Flour Mills'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.


Honeywell Flour Mills EV-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Honeywell Flour Mills's EV-to-FCF falls into.


NSA:HFM
70GF Score
Honeywell Flour Mills PLC NSA:HFM
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honeywell Flour Mills EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=133594.495/293922.094
=0.45

Honeywell Flour Mills's current Enterprise Value is ₦133,594 Mil.
For company reported semi-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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 0.45 mean?
Honeywell Flour Mills (NSA:HFM) has a EV-to-FCF of 0.45 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Honeywell Flour Mills and its competitors. This is 36% below median its historical median of 0.70. According to the industry distribution chart, Honeywell Flour Mills ranks #22 out of 1189 companies in the Consumer Packaged Goods industry, placing it in the top 1.9%.
Is Honeywell Flour Mills' EV-to-FCF too high?
Honeywell Flour Mills' current EV-to-FCF of 0.45 is 36% below median its 10-year median of 0.70. The Consumer Packaged Goods industry median EV-to-FCF is 15.40. Honeywell Flour Mills' value of 0.45 is 97.1% below this industry median. Based on the distribution chart, Honeywell Flour Mills ranks #22 out of 1189 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Flour Mills has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' EV-to-FCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #22 out of 1189 companies for EV-to-FCF. This places Honeywell Flour Mills in the top 2% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 15.40. Honeywell Flour Mills' value of 0.45 is 97.1% below this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 15.40, Honeywell Flour Mills 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 Consumer Packaged Goods company?
The median EV-to-FCF among Consumer Packaged Goods companies is 15.40, based on 1,189 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. Honeywell Flour Mills's current EV-to-FCF of 0.45 is 97.1% 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 Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median EV-to-FCF is 15.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current EV-to-FCF is 0.45, which is 36% below median its own 10-year median of 0.70. 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 ₦10.23, compared to a current price of ₦14.00 — trading 36.9% above its estimated fair value. The current EV-to-FCF is 0.45, which is 36% below median its 10-year median of 0.70 and 97.1% below the Consumer Packaged Goods industry median of 15.40. Honeywell Flour Mills' overall GF Score™ is 70/100 with 2 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 Honeywell Flour Mills (NSA:HFM), the current EV-to-FCF is 0.45 as of Jul. 03, 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 ₦14.00 is trading 36.9% above its estimated GF Value™ of ₦10.23. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • EV-to-FCF: 0.45 (36% below median its 10-year median of 0.70)
  • GF Value™: ₦10.23 vs. price of ₦14.00 (36.9% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 97.1% below the Consumer Packaged Goods median (#22 of 1189)

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.
70GF Score

Get the complete analysis for NSA:HFM

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

₦14.00
Price
₦10.23
GF Value