International Breweries (NSA:IBP) Other Operating Expense: ₦2,990 Mil (TTM As of Mar. 2026)


NSA:IBP International Breweries PLC NSA:IBP
44 GF Score
Price ₦10.45
GF Value ₦2.32
Valuation Significantly Overvalued
! 2 Warning Signs
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What is International Breweries Other Operating Expense?

International Breweries NSA:IBP 44 Other Operating Expense is ₦2,990 Mil as of Mar. 2026. GuruFocus rates NSA:IBP with a GF Score™ of 44/100 and a GF Value™ of ₦2.32 (Significantly Overvalued). The stock has 2 warning signs investors should review.

International Breweries's Other Operating Expense for the three months ended in Mar. 2026 was ₦0 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₦2,990 Mil.

International Breweries's quarterly Other Operating Expense increased from Sep. 2025 (₦0 Mil) to Dec. 2025 (₦2,990 Mil) but then declined from Dec. 2025 (₦2,990 Mil) to Mar. 2026 (₦0 Mil).

International Breweries's annual Other Operating Expense increased from Dec. 2023 (₦25,977 Mil) to Dec. 2024 (₦113,505 Mil) but then declined from Dec. 2024 (₦113,505 Mil) to Dec. 2025 (₦2,990 Mil).

International Breweries Other Operating Expense Historical Data

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The historical data trend for International Breweries's Other Operating Expense 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.

International Breweries Other Operating Expense Chart

International Breweries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only 32,570.97 24,611.95 25,977.31 113,504.66 2,990.12

International Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense 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 0.00 2,990.12 0.00
NSA:IBP
44GF Score
International Breweries PLC NSA:IBP
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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International Breweries Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦2,990 Mil.

* 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.

What does a Other Operating Expense of ₦2,990 Mil mean?
International Breweries (NSA:IBP) has a Other Operating Expense of ₦2,990 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on International Breweries and its competitors.
Is International Breweries' Other Operating Expense too high?
International Breweries' current Other Operating Expense is ₦2,990 Mil. Overall, International Breweries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Breweries' Other Operating Expense compare to BUD and STZ?
International Breweries' Other Operating Expense of ₦2,990 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 Other Operating Expense for a Beverages - Alcoholic company?
A good Other Operating Expense depends on the Beverages - Alcoholic industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on International Breweries and its competitors. International Breweries's current Other Operating Expense is ₦2,990 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Breweries stock overvalued right now?
Based on GuruFocus' analysis, International Breweries (NSA:IBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.32, compared to a current price of ₦10.45 — trading 350.4% above its estimated fair value. The current Other Operating Expense is ₦2,990 Mil. International Breweries' overall GF Score™ is 44/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For International Breweries (NSA:IBP), the current Other Operating Expense is ₦2,990 Mil 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 International Breweries (NSA:IBP) Overvalued in 2026?

Based on GuruFocus' analysis, International Breweries stock appears to be overvalued. The current stock price of ₦10.45 is trading 350.4% above its estimated GF Value™ of ₦2.32. GuruFocus considers International Breweries to be Significantly Overvalued.

Key valuation signals for NSA:IBP:

  • Other Operating Expense: ₦2,990 Mil
  • GF Value™: ₦2.32 vs. price of ₦10.45 (350.4% above fair value)
  • GF Score™: 44/100 with 2 warning signs

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

International Breweries Business Description

Address Abuja Street, Plot 5A, Desiderata Building, Banana Island, Ikoyi, Lagos, NGA
International Breweries PLC engages in brewing, packaging, and marketing beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria. The company offers its products under the Trophy Lager, Trophy Black, Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt, Betamalt malt drink, and Voltic Water brands.
44GF Score

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

₦10.45
Price
₦2.32
GF Value