PZ Cussons Nigeria (NSA:PZ) Intangible Assets: ₦132 Mil (As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:PZ PZ Cussons Nigeria PLC NSA:PZ
67 GF Score
Price ₦83.00
GF Value ₦53.15
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PZ Cussons Nigeria Intangible Assets?

PZ Cussons Nigeria NSA:PZ 67 Intangible Assets is ₦132 Mil as of Feb. 2026. GuruFocus rates NSA:PZ with a GF Score™ of 67/100 and a GF Value™ of ₦53.15 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. PZ Cussons Nigeria's intangible assets for the quarter that ended in Feb. 2026 was ₦132 Mil.


PZ Cussons Nigeria  (NSA:PZ) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


PZ Cussons Nigeria Intangible Assets Related Terms


PZ Cussons Nigeria Intangible Assets Historical Data

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The historical data trend for PZ Cussons Nigeria's Intangible Assets 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.

PZ Cussons Nigeria Intangible Assets Chart

PZ Cussons Nigeria Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 635.77 529.81 423.85 317.89 211.92

PZ Cussons Nigeria Quarterly Data
Feb21 May21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Intangible Assets 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 238.41 211.92 185.43 158.94 132.45
NSA:PZ
67GF Score
PZ Cussons Nigeria PLC NSA:PZ
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PZ Cussons Nigeria Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ₦132 Mil mean?
PZ Cussons Nigeria (NSA:PZ) has a Intangible Assets of ₦132 Mil as of Feb. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on PZ Cussons Nigeria and its competitors.
Is PZ Cussons Nigeria's Intangible Assets too high?
PZ Cussons Nigeria's current Intangible Assets is ₦132 Mil. Overall, PZ Cussons Nigeria has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PZ Cussons Nigeria's Intangible Assets compare to PG and CL?
PZ Cussons Nigeria's Intangible Assets of ₦132 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Consumer Packaged Goods company?
A good Intangible Assets depends on the Consumer Packaged Goods industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on PZ Cussons Nigeria and its competitors. PZ Cussons Nigeria's current Intangible Assets is ₦132 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PZ Cussons Nigeria stock overvalued right now?
Based on GuruFocus' analysis, PZ Cussons Nigeria (NSA:PZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦53.15, compared to a current price of ₦83.00 — trading 56.2% above its estimated fair value. The current Intangible Assets is ₦132 Mil. PZ Cussons Nigeria's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For PZ Cussons Nigeria (NSA:PZ), the current Intangible Assets is ₦132 Mil as of Feb. 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 PZ Cussons Nigeria (NSA:PZ) Overvalued in 2026?

Based on GuruFocus' analysis, PZ Cussons Nigeria stock appears to be overvalued. The current stock price of ₦83.00 is trading 56.2% above its estimated GF Value™ of ₦53.15. GuruFocus considers PZ Cussons Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:PZ:

  • Intangible Assets: ₦132 Mil
  • GF Value™: ₦53.15 vs. price of ₦83.00 (56.2% above fair value)
  • GF Score™: 67/100 with 1 warning sign

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


PZ Cussons Nigeria Business Description

Address 3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG
PZ Cussons Nigeria PLC manufactures, distributes and sells consumer products and home appliances. The company's operating segment includes Home and Personal Care Products and Durable Electrical Appliances. It generates maximum revenue from the Home and Personal Care Products segment. Home and Personal Care Products segment includes the production and sale of Morning Fresh, Zip, Canoe, Premier, Excel, Joy, Stella, Venus, Imperial Leather, Cussons Baby, Original Source, Carex, Robb, and others. The Durable Electrical Appliances segment includes the production and sale of Haier Thermocool Refrigerators, Freezers, Televisions, Generators, Air conditioners, Washing Machines and others. Geographically it derives revenue from Nigeria.
67GF Score

Get the complete analysis for NSA:PZ

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

₦83.00
Price
₦53.15
GF Value