Dangote Sugar Refinery (NSA:DSRP) Net Margin %: -7.73% (As of Dec. 2025)


NSA:DSRP Dangote Sugar Refinery PLC NSA:DSRP
70 GF Score
Price ₦70.00
GF Value ₦78.80
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Dangote Sugar Refinery Net Margin %?

Dangote Sugar Refinery NSA:DSRP -0.71% 70 Net Margin % is -7.73% as of Dec. 2025. GuruFocus rates NSA:DSRP with a GF Score™ of 70/100 and a GF Value™ of ₦78.80 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Dangote Sugar Refinery ranks worse than 84.99% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Dangote Sugar Refinery's Net Income for the six months ended in Dec. 2025 was ₦-64,064 Mil. Dangote Sugar Refinery's Revenue for the six months ended in Dec. 2025 was ₦829,215 Mil. Therefore, Dangote Sugar Refinery's net margin for the quarter that ended in Dec. 2025 was -7.73%.

The historical rank and industry rank for Dangote Sugar Refinery's Net Margin % or its related term are showing as below:

NSA:DSRP' s Net Margin % Range Over the Past 10 Years
Min: -28.93   Med: 11.03   Max: 19.41
Current: -7.73


NSA:DSRP's Net Margin % is ranked worse than
84.99% of 1952 companies
in the Consumer Packaged Goods industry
Industry Median: 3.495 vs NSA:DSRP: -7.73

Dangote Sugar Refinery  (NSA:DSRP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Dangote Sugar Refinery Net Margin % Related Terms


Dangote Sugar Refinery Net Margin % Historical Data

* Premium members only.

The historical data trend for Dangote Sugar Refinery's Net 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.

Dangote Sugar Refinery Net Margin % Chart

Dangote Sugar Refinery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 13.57 -16.70 -28.93 -7.73

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net 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 7.99 13.57 -16.70 -28.93 -7.73

NSA:DSRP vs MDLZ, HSY, TR: Net Margin % Comparison

For the Confectioners subindustry, Dangote Sugar Refinery's Net Margin %, along with its competitors' market caps and Net 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 Sugar Refinery Net Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's Net Margin % distribution charts can be found below:

* The bar in red indicates where Dangote Sugar Refinery's Net Margin % falls into.


NSA:DSRP
70GF Score
Dangote Sugar Refinery PLC NSA:DSRP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dangote Sugar Refinery Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Dangote Sugar Refinery's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-64063.836/829214.876
=-7.73 %

Dangote Sugar Refinery's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-64063.836/829214.876
=-7.73 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -7.73% mean?
Dangote Sugar Refinery (NSA:DSRP) has a Net Margin % of -7.73% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Dangote Sugar Refinery and its competitors. According to the industry distribution chart, Dangote Sugar Refinery ranks #1659 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 85%.
Is Dangote Sugar Refinery's Net Margin % too high?
Dangote Sugar Refinery's current Net Margin % is -7.73%. Based on the distribution chart, Dangote Sugar Refinery ranks #1659 out of 1952 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Dangote Sugar Refinery has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's Net Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dangote Sugar Refinery ranks #1659 out of 1952 companies for Net Margin %. This places Dangote Sugar Refinery in the lower half of its industry. The industry median Net Margin % is 3.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Dangote Sugar Refinery and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Sugar Refinery's current Net Margin % is -7.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Sugar Refinery stock overvalued right now?
Based on GuruFocus' analysis, Dangote Sugar Refinery (NSA:DSRP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦78.80, compared to a current price of ₦70.00 — trading 11.2% below its estimated fair value. The current Net Margin % is -7.73%. Dangote Sugar Refinery's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Dangote Sugar Refinery (NSA:DSRP), the current Net Margin % is -7.73% as of Dec. 2025. 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 Sugar Refinery (NSA:DSRP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Sugar Refinery stock appears to be undervalued. The current stock price of ₦70.00 is trading 11.2% below its estimated GF Value™ of ₦78.80. GuruFocus considers Dangote Sugar Refinery to be Modestly Undervalued.

Key valuation signals for NSA:DSRP:

  • Net Margin %: -7.73%
  • GF Value™: ₦78.80 vs. price of ₦70.00 (11.2% below fair value)
  • GF Score™: 70/100 with 9 warning signs

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


Dangote Sugar Refinery Business Description

Address Terminal E, Shed 20, 3rd Floor, GDNL Building, NPA Wharf Port Complex, Apapa, Lagos, NGA
Dangote Sugar Refinery PLC is engaged in refining raw sugar to produce fortified and non-fortified granulated white sugar. The company distributes refined white sugar to consumers and industrial customers in Nigeria. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of its revenue from the Lagos region.
70GF Score

Get the complete analysis for NSA:DSRP

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

₦70.00
Price
₦78.80
GF Value