Dangote CementNSA:DCP 100 FCF Margin % is 45.25% as of Mar. 2026, which is 73% above its 10-year median of 26.09. GuruFocus rates NSA:DCP with a GF Score™ of 100/100 and a GF Value™ of ₦806.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 403 Building Materials companies, Dangote Cement ranks better than 93.8% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Dangote Cement's Free Cash Flow for the
three
months ended in Mar. 2026 was ₦542,142 Mil. Dangote Cement's Revenue for the
three
months ended in Mar. 2026 was ₦1,198,032 Mil. Therefore, Dangote Cement's FCF Margin % for the quarter that ended in Mar. 2026 was 45.25%.
The historical rank and industry rank for Dangote Cement's FCF Margin % or its related term are showing as below:
NSA:DCP'
s FCF Margin % Range Over the Past 10 Years
Min: 11.11 Med: 26.09 Max: 32.04
Current: 24.65
During the past 13 years, the highest FCF Margin % of Dangote Cement was 32.04%. The lowest was 11.11%. And the median was 26.09%.
NSA:DCP's FCF Margin % is ranked better than 93.8% of 403
companies
in the Building Materials industry
Industry Median: 3.76
vs NSA:DCP: 24.65
Dangote Cement FCF Margin % Related Terms
Dangote Cement FCF Margin % Historical Data
* Premium members only.
The historical data trend for Dangote Cement's FCF Margin % 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, Dangote Cement's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.
Dangote Cement FCF Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Dangote Cement's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Dangote Cement's FCF Margin % falls into.
* 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.
Dangote Cement (NSA:DCP) has a FCF Margin % of 45.25% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Dangote Cement and its competitors. This is 73% above median its historical median of 26.09. Over the past decade, Dangote Cement's FCF Margin % has ranged from 11.11 to 32.04. According to the industry distribution chart, Dangote Cement ranks #25 out of 403 companies in the Building Materials industry, placing it in the top 6.2%.
Is Dangote Cement's FCF Margin % too high?
Dangote Cement's current FCF Margin % of 45.25% is 73% above median its 10-year median of 26.09. Over the past 10 years, this metric has ranged from a low of 11.11 to a high of 32.04. The Building Materials industry median FCF Margin % is 3.76. Dangote Cement's value of 45.25% is 1103.5% above this industry median. Based on the distribution chart, Dangote Cement ranks #25 out of 403 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Dangote Cement has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Cement's FCF Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Dangote Cement ranks #25 out of 403 companies for FCF Margin %. This places Dangote Cement in the top 6% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.76. Dangote Cement's value of 45.25% is 1103.5% above this benchmark. Historically, Dangote Cement's own FCF Margin % has ranged from 11.11 to 32.04 over the past decade. While the company's 10-year median is 26.09 vs. the industry median of 3.76, Dangote Cement has consistently been above 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 FCF Margin % for a Building Materials company?
The median FCF Margin % among Building Materials companies is 3.76, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dangote Cement's current FCF Margin % of 45.25% is 1103.5% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Dangote Cement and its competitors. For the Building Materials industry, the median FCF Margin % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Cement's current FCF Margin % is 45.25%, which is 73% above median its own 10-year median of 26.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Cement stock overvalued right now?
Based on GuruFocus' analysis, Dangote Cement (NSA:DCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦806.03, compared to a current price of ₦1,070.00 — trading 32.7% above its estimated fair value. The current FCF Margin % is 45.25%, which is 73% above median its 10-year median of 26.09 and 1103.5% above the Building Materials industry median of 3.76. Dangote Cement's overall GF Score™ is 100/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Dangote Cement (NSA:DCP), the current FCF Margin % is 45.25% 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 Dangote Cement (NSA:DCP) Overvalued in 2026?
Based on GuruFocus' analysis, Dangote Cement stock appears to be overvalued.
The current stock price of ₦1,070.00 is trading 32.7% above its estimated GF Value™ of ₦806.03.
GuruFocus considers Dangote Cement to be Significantly Overvalued.
Key valuation signals for NSA:DCP:
FCF Margin %: 45.25% (73% above median its 10-year median of 26.09)
GF Value™: ₦806.03 vs. price of ₦1,070.00 (32.7% above fair value)
Industry Position: 1103.5% above the Building Materials median (#25 of 403)
No single metric tells the full story. See the NSA:DCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dangote Cement PLC is a cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. The principal activity of the Company and its subsidiaries is to operate plants for the preparation, manufacture and distribution of cement and related products. The Company's production activities are undertaken at Obajana town in Kogi State, Gboko in Benue State and Ibese in Ogun State; all in Nigeria. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.
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