Nigerian Breweries (NSA:NB) Inventories, Inventories Adjustments: ₦0 Mil (As of Jun. 2026)

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NSA:NB Nigerian Breweries PLC NSA:NB
74 GF Score
Price ₦74.65
GF Value ₦43.16
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nigerian Breweries Inventories, Inventories Adjustments?

Nigerian Breweries NSA:NB +0.88% 74 Inventories, Inventories Adjustments is ₦0 Mil as of Jun. 2026. GuruFocus rates NSA:NB with a GF Score™ of 74/100 and a GF Value™ of ₦43.16 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Nigerian Breweries's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2026 was ₦0 Mil.

Nigerian Breweries's quarterly Inventories, Inventories Adjustments increased from Dec. 2025 (₦-20,188 Mil) to Mar. 2026 (₦0 Mil) but then stayed the same from Mar. 2026 (₦0 Mil) to Jun. 2026 (₦0 Mil).

Nigerian Breweries's annual Inventories, Inventories Adjustments declined from Dec. 2023 (₦-5,264 Mil) to Dec. 2024 (₦-9,295 Mil) and declined from Dec. 2024 (₦-9,295 Mil) to Dec. 2025 (₦-20,188 Mil).

Nigerian Breweries Inventories, Inventories Adjustments Historical Data

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The historical data trend for Nigerian Breweries's Inventories, Inventories Adjustments 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.

Nigerian Breweries Inventories, Inventories Adjustments Chart

Nigerian Breweries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,929.85 -4,111.06 -5,263.89 -9,294.65 -20,187.95

Nigerian Breweries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Inventories Adjustments 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 0.00 0.00 -20,187.95 0.00 0.00
NSA:NB
74GF Score
Nigerian Breweries PLC NSA:NB
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
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Nigerian Breweries Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of ₦0 Mil mean?
Nigerian Breweries (NSA:NB) has a Inventories, Inventories Adjustments of ₦0 Mil as of Jun. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Nigerian Breweries and its competitors.
Is Nigerian Breweries' Inventories, Inventories Adjustments too high?
Nigerian Breweries' current Inventories, Inventories Adjustments is ₦0 Mil. Overall, Nigerian Breweries has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nigerian Breweries' Inventories, Inventories Adjustments compare to STZ and TAP?
Nigerian Breweries' Inventories, Inventories Adjustments of ₦0 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Inventories Adjustments for a Beverages - Alcoholic company?
A good Inventories, Inventories Adjustments depends on the Beverages - Alcoholic industry context. However, Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Nigerian Breweries and its competitors. Nigerian Breweries's current Inventories, Inventories Adjustments is ₦0 Mil. 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 ₦43.16, compared to a current price of ₦74.65 — trading 73% above its estimated fair value. The current Inventories, Inventories Adjustments is ₦0 Mil. Nigerian Breweries' overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For Nigerian Breweries (NSA:NB), the current Inventories, Inventories Adjustments is ₦0 Mil 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 ₦74.65 is trading 73% above its estimated GF Value™ of ₦43.16. GuruFocus considers Nigerian Breweries to be Significantly Overvalued.

Key valuation signals for NSA:NB:

  • Inventories, Inventories Adjustments: ₦0 Mil
  • GF Value™: ₦43.16 vs. price of ₦74.65 (73% above fair value)
  • GF Score™: 74/100 with 2 warning signs

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 Business Description

Address 1, Abebe Village Road, P. O. Box 545, Iganmu House, Iganmu, Lagos, NGA, 101241
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.
74GF Score

Get the complete analysis for NSA:NB

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

₦74.65
Price
₦43.16
GF Value