Guinness Nigeria (NSA:GUIN) Gross Margin %: 35.41% (As of Mar. 2026) — Near Median


NSA:GUIN Guinness Nigeria PLC NSA:GUIN
63 GF Score
Price ₦365.50
GF Value ₦168.99
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Guinness Nigeria Gross Margin %?

Guinness Nigeria NSA:GUIN 63 Gross Margin % is 35.41% as of Mar. 2026, which is 4% above its 10-year median of 34.03. GuruFocus rates NSA:GUIN with a GF Score™ of 63/100 and a GF Value™ of ₦168.99 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Guinness Nigeria ranks worse than 62.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Guinness Nigeria's Gross Profit for the three months ended in Mar. 2026 was ₦43,478 Mil. Guinness Nigeria's Revenue for the three months ended in Mar. 2026 was ₦122,773 Mil. Therefore, Guinness Nigeria's Gross Margin % for the quarter that ended in Mar. 2026 was 35.41%.


The historical rank and industry rank for Guinness Nigeria's Gross Margin % or its related term are showing as below:

NSA:GUIN' s Gross Margin % Range Over the Past 10 Years
Min: 28.49   Med: 34.03   Max: 46.37
Current: 36.72


During the past 13 years, the highest Gross Margin % of Guinness Nigeria was 46.37%. The lowest was 28.49%. And the median was 34.03%.

NSA:GUIN's Gross Margin % is ranked worse than
62.93% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 42.29 vs NSA:GUIN: 36.72

Guinness Nigeria had a gross margin of 35.41% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Guinness Nigeria was 1.20% per year.


Guinness Nigeria  (NSA:GUIN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Guinness Nigeria had a gross margin of 35.41% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Guinness Nigeria Gross Margin % Related Terms


Guinness Nigeria Gross Margin % Historical Data

* Premium members only.

The historical data trend for Guinness Nigeria's Gross 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.

Guinness Nigeria Gross Margin % Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.93 28.49 35.13 34.05 30.54

Guinness Nigeria Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Mar26
Gross Margin % 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 33.47 37.63 37.80 37.06 35.41

NSA:GUIN vs STZ, TAP: Gross Margin % Comparison

For the Beverages - Brewers subindustry, Guinness Nigeria's Gross Margin %, along with its competitors' market caps and Gross 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.


Guinness Nigeria Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Guinness Nigeria's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Guinness Nigeria's Gross Margin % falls into.


NSA:GUIN
63GF Score
Guinness Nigeria PLC NSA:GUIN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Guinness Nigeria Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Guinness Nigeria's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=91458.8 / 299489.774
=(Revenue - Cost of Goods Sold) / Revenue
=(299489.774 - 208031.003) / 299489.774
=30.54 %

Guinness Nigeria's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=43477.6 / 122772.787
=(Revenue - Cost of Goods Sold) / Revenue
=(122772.787 - 79295.161) / 122772.787
=35.41 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 35.41% mean?
Guinness Nigeria (NSA:GUIN) has a Gross Margin % of 35.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Guinness Nigeria and its competitors. This is near median its historical median of 34.03. Over the past decade, Guinness Nigeria's Gross Margin % has ranged from 28.49 to 46.37. According to the industry distribution chart, Guinness Nigeria ranks #129 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 62.9%.
Is Guinness Nigeria's Gross Margin % too high?
Guinness Nigeria's current Gross Margin % of 35.41% is near median its 10-year median of 34.03. Over the past 10 years, this metric has ranged from a low of 28.49 to a high of 46.37. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Guinness Nigeria's value of 35.41% is 16.3% below this industry median. Based on the distribution chart, Guinness Nigeria ranks #129 out of 205 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Guinness Nigeria has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guinness Nigeria's Gross Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Guinness Nigeria ranks #129 out of 205 companies for Gross Margin %. This places Guinness Nigeria in the lower half of its industry. The industry median Gross Margin % is 42.29. Guinness Nigeria's value of 35.41% is 16.3% below this benchmark. Historically, Guinness Nigeria's own Gross Margin % has ranged from 28.49 to 46.37 over the past decade. While the company's 10-year median is 34.03 vs. the industry median of 42.29, Guinness 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 Gross Margin % for a Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guinness Nigeria's current Gross Margin % of 35.41% is 16.3% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Guinness Nigeria and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guinness Nigeria's current Gross Margin % is 35.41%, which is near median its own 10-year median of 34.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guinness Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Guinness Nigeria (NSA:GUIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦168.99, compared to a current price of ₦365.50 — trading 116.3% above its estimated fair value. The current Gross Margin % is 35.41%, which is near median its 10-year median of 34.03 and 16.3% below the Beverages - Alcoholic industry median of 42.29. Guinness Nigeria's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Guinness Nigeria (NSA:GUIN), the current Gross Margin % is 35.41% 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 Guinness Nigeria (NSA:GUIN) Overvalued in 2026?

Based on GuruFocus' analysis, Guinness Nigeria stock appears to be overvalued. The current stock price of ₦365.50 is trading 116.3% above its estimated GF Value™ of ₦168.99. GuruFocus considers Guinness Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:GUIN:

  • Gross Margin %: 35.41% (near median its 10-year median of 34.03)
  • GF Value™: ₦168.99 vs. price of ₦365.50 (116.3% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 16.3% below the Beverages - Alcoholic median (#129 of 205)

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


Guinness Nigeria Business Description

Address Cocoa Industries Road, (Guinness Road) Ogba-Ikeja, Lagos, Lagos, NGA, 21071
Guinness Nigeria PLC is a beverage manufacturing company. The company is engaged in brewing, packaging, marketing and selling of various beverage brand including Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Smirnoff Ice, Dubic Malt, Orijin Spirit Mixed Drink, Orijin Bitters, Baileys Delight, Gordons Moringa, Captain Morgan Gold and Don Royale among others. Geographically, it derives a majority of revenue from Nigeria.
63GF Score

Get the complete analysis for NSA:GUIN

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦365.50
Price
₦168.99
GF Value