HBM Nigeria (NSA:HBMNG) OCF Margin %: 41.80% (As of Mar. 2026) — 54% Above Median

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NSA:HBMNG HBM Nigeria PLC NSA:HBMNG
78 GF Score
Price ₦335.00
GF Value ₦128.48
Valuation Significantly Overvalued
! 5 Warning Signs
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What is HBM Nigeria OCF Margin %?

HBM Nigeria NSA:HBMNG 78 OCF Margin % is 41.80% as of Mar. 2026, which is 54% above its 10-year median of 27.21. GuruFocus rates NSA:HBMNG with a GF Score™ of 78/100 and a GF Value™ of ₦128.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 404 Building Materials companies, HBM Nigeria ranks better than 97.77% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. HBM Nigeria's Cash Flow from Operations for the three months ended in Mar. 2026 was ₦139,979 Mil. HBM Nigeria's Revenue for the three months ended in Mar. 2026 was ₦334,882 Mil. Therefore, HBM Nigeria's OCF Margin % for the quarter that ended in Mar. 2026 was 41.80%.

As of today, HBM Nigeria's current OCF Yield % is 10.43%.

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

NSA:HBMNG' s OCF Margin % Range Over the Past 10 Years
Min: -2.77   Med: 27.21   Max: 37.67
Current: 47.79


During the past 13 years, the highest OCF Margin % of HBM Nigeria was 37.67%. The lowest was -2.77%. And the median was 27.21%.

NSA:HBMNG's OCF Margin % is ranked better than
97.77% of 404 companies
in the Building Materials industry
Industry Median: 10.65 vs NSA:HBMNG: 47.79


HBM Nigeria OCF Margin % Related Terms


HBM Nigeria OCF Margin % Historical Data

* Premium members only.

The historical data trend for HBM Nigeria's OCF 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.

HBM Nigeria OCF Margin % Chart

HBM Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.78 26.98 37.21 30.73 27.44

HBM Nigeria Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF 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 -47.66 74.80 3.38 70.38 41.80

NSA:HBMNG vs CRH, VMC, MLM: OCF Margin % Comparison

For the Building Materials subindustry, HBM Nigeria's OCF Margin %, along with its competitors' market caps and OCF 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.


HBM Nigeria OCF Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, HBM Nigeria's OCF Margin % distribution charts can be found below:

* The bar in red indicates where HBM Nigeria's OCF Margin % falls into.


NSA:HBMNG
78GF Score
HBM Nigeria PLC NSA:HBMNG
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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HBM Nigeria OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

HBM Nigeria's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=292628.999/1066304.773
=27.44 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=139978.946/334882.138
=41.80 %

* 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 OCF Margin % →
What does a OCF Margin % of 41.80% mean?
HBM Nigeria (NSA:HBMNG) has a OCF Margin % of 41.80% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on HBM Nigeria and its competitors. This is 54% above median its historical median of 27.21. According to the industry distribution chart, HBM Nigeria ranks #9 out of 404 companies in the Building Materials industry, placing it in the top 2.2%.
Is HBM Nigeria's OCF Margin % too high?
HBM Nigeria's current OCF Margin % of 41.80% is 54% above median its 10-year median of 27.21. The Building Materials industry median OCF Margin % is 10.65. HBM Nigeria's value of 41.80% is 292.5% above this industry median. Based on the distribution chart, HBM Nigeria ranks #9 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, HBM Nigeria has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HBM Nigeria's OCF Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, HBM Nigeria ranks #9 out of 404 companies for OCF Margin %. This places HBM Nigeria in the top 2% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 10.65. HBM Nigeria's value of 41.80% is 292.5% above this benchmark. While the company's 10-year median is 27.21 vs. the industry median of 10.65, HBM Nigeria has consistently been above 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 OCF Margin % for a Building Materials company?
The median OCF Margin % among Building Materials companies is 10.65, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HBM Nigeria's current OCF Margin % of 41.80% is 292.5% above 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on HBM Nigeria and its competitors. For the Building Materials industry, the median OCF Margin % is 10.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBM Nigeria's current OCF Margin % is 41.80%, which is 54% above median its own 10-year median of 27.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBM Nigeria stock overvalued right now?
Based on GuruFocus' analysis, HBM Nigeria (NSA:HBMNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦128.48, compared to a current price of ₦335.00 — trading 160.7% above its estimated fair value. The current OCF Margin % is 41.80%, which is 54% above median its 10-year median of 27.21 and 292.5% above the Building Materials industry median of 10.65. HBM Nigeria's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For HBM Nigeria (NSA:HBMNG), the current OCF Margin % is 41.80% 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 HBM Nigeria (NSA:HBMNG) Overvalued in 2026?

Based on GuruFocus' analysis, HBM Nigeria stock appears to be overvalued. The current stock price of ₦335.00 is trading 160.7% above its estimated GF Value™ of ₦128.48. GuruFocus considers HBM Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:HBMNG:

  • OCF Margin %: 41.80% (54% above median its 10-year median of 27.21)
  • GF Value™: ₦128.48 vs. price of ₦335.00 (160.7% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 292.5% above the Building Materials median (#9 of 404)

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


HBM Nigeria Business Description

Address No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
78GF Score

Get the complete analysis for NSA:HBMNG

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

₦335.00
Price
₦128.48
GF Value