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Nigerian BreweriesNSA:NB -2.10%77 FCF Margin % is 0.15% as of Jun. 2026, which is 97% below its 10-year median of 4.75. GuruFocus rates NSA:NB with a GF Score™ of 77/100 and a GF Value™ of ₦42.81 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 210 Beverages - Alcoholic companies, Nigerian Breweries ranks better than 70.48% on this metric.
The historical data trend for Nigerian Breweries'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 Beverages - Brewers subindustry, Nigerian Breweries'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.
Nigerian Breweries FCF Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Nigerian Breweries's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Nigerian Breweries'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.
Nigerian Breweries (NSA:NB) has a FCF Margin % of 0.15% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nigerian Breweries and its competitors. This is 97% below median its historical median of 4.75. According to the industry distribution chart, Nigerian Breweries ranks #62 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 29.5%.
Is Nigerian Breweries' FCF Margin % too high?
Nigerian Breweries' current FCF Margin % of 0.15% is 97% below median its 10-year median of 4.75. The Beverages - Alcoholic industry median FCF Margin % is 4.40. Nigerian Breweries' value of 0.15% is 96.6% below this industry median. Based on the distribution chart, Nigerian Breweries ranks #62 out of 210 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Nigerian Breweries has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nigerian Breweries' FCF Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Nigerian Breweries ranks #62 out of 210 companies for FCF Margin %. This puts Nigerian Breweries in the upper half of its industry. The industry median FCF Margin % is 4.40. Nigerian Breweries' value of 0.15% is 96.6% below this benchmark. While the company's 10-year median is 4.75 vs. the industry median of 4.40, Nigerian Breweries 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 FCF Margin % for a Beverages - Alcoholic company?
The median FCF Margin % among Beverages - Alcoholic companies is 4.40, based on 210 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. Nigerian Breweries's current FCF Margin % of 0.15% is 96.6% 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 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 Nigerian Breweries and its competitors. For the Beverages - Alcoholic industry, the median FCF Margin % is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nigerian Breweries's current FCF Margin % is 0.15%, which is 97% below median its own 10-year median of 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nigerian Breweries stock overvalued right now?
Based on GuruFocus' analysis, Nigerian Breweries (NSA:NB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦42.81, compared to a current price of ₦70.00 — trading 63.5% above its estimated fair value. The current FCF Margin % is 0.15%, which is 97% below median its 10-year median of 4.75 and 96.6% below the Beverages - Alcoholic industry median of 4.40. Nigerian Breweries' overall GF Score™ is 77/100 with 2 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 Nigerian Breweries (NSA:NB), the current FCF Margin % is 0.15% as of Jun. 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 Nigerian Breweries (NSA:NB) Overvalued in 2026?
Based on GuruFocus' analysis, Nigerian Breweries stock appears to be overvalued.
The current stock price of ₦70.00 is trading 63.5% above its estimated GF Value™ of ₦42.81.
GuruFocus considers Nigerian Breweries to be Significantly Overvalued.
Key valuation signals for NSA:NB:
FCF Margin %: 0.15% (97% below median its 10-year median of 4.75)
GF Value™: ₦42.81 vs. price of ₦70.00 (63.5% above fair value)
Industry Position: 96.6% below the Beverages - Alcoholic median (#62 of 210)
No single metric tells the full story. See the NSA:NB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nigerian Breweries PLC is a Brewing firm. The company's principal activities are brewing, marketing, and selling lager, stout, non-alcoholic malt, and soft drinks. Geographically, it derives a majority of its revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa, and parts of the Middle East and Asia. The company's brands include Star, Goldberg, Turbo King, Ace Bitters, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.
77GF Score
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