Nestle NigeriaNSA:NESTLE 76 Pretax Margin % is 22.62% as of Mar. 2026, which is 35% above its 10-year median of 16.75. GuruFocus rates NSA:NESTLE with a GF Score™ of 76/100 and a GF Value™ of ₦2,149.87 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Nestle Nigeria ranks better than 84.37% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nestle Nigeria's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₦73,771 Mil. Nestle Nigeria's Revenue for the
three
months ended in Mar. 2026 was ₦326,127 Mil. Therefore, Nestle Nigeria's pretax margin for the quarter that ended in Mar. 2026 was 22.62%.
The historical rank and industry rank for Nestle Nigeria's Pretax Margin % or its related term are showing as below:
NSA:NESTLE'
s Pretax Margin % Range Over the Past 10 Years
Min: -23.11 Med: 16.75 Max: 25.04
Current: 15.29
NSA:NESTLE's Pretax Margin % is ranked better than 84.37% of 1952
companies
in the Consumer Packaged Goods industry
Industry Median: 4.665
vs NSA:NESTLE: 15.29
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Nestle Nigeria Pretax Margin % Related Terms
Nestle Nigeria Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nestle Nigeria's Pretax 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.
NSA:NESTLE vs KHC, GIS, JBS: Pretax Margin % Comparison
For the Packaged Foods subindustry, Nestle Nigeria's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Nestle Nigeria Pretax Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nestle Nigeria's Pretax Margin % falls into.
* 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.
Nestle Nigeria (NSA:NESTLE) has a Pretax Margin % of 22.62% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nestle Nigeria and its competitors. This is 35% above median its historical median of 16.75. According to the industry distribution chart, Nestle Nigeria ranks #305 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 15.6%.
Is Nestle Nigeria's Pretax Margin % too high?
Nestle Nigeria's current Pretax Margin % of 22.62% is 35% above median its 10-year median of 16.75. The Consumer Packaged Goods industry median Pretax Margin % is 4.67. Nestle Nigeria's value of 22.62% is 384.9% above this industry median. Based on the distribution chart, Nestle Nigeria ranks #305 out of 1952 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nestle Nigeria has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's Pretax Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Nigeria ranks #305 out of 1952 companies for Pretax Margin %. This places Nestle Nigeria in the top 16% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.67. Nestle Nigeria's value of 22.62% is 384.9% above this benchmark. While the company's 10-year median is 16.75 vs. the industry median of 4.67, Nestle 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 Pretax Margin % for a Consumer Packaged Goods company?
The median Pretax Margin % among Consumer Packaged Goods companies is 4.67, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nestle Nigeria's current Pretax Margin % of 22.62% is 384.9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nestle Nigeria and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Nigeria's current Pretax Margin % is 22.62%, which is 35% above median its own 10-year median of 16.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Nestle Nigeria (NSA:NESTLE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2,149.87, compared to a current price of ₦3,125.00 — trading 45.4% above its estimated fair value. The current Pretax Margin % is 22.62%, which is 35% above median its 10-year median of 16.75 and 384.9% above the Consumer Packaged Goods industry median of 4.67. Nestle Nigeria's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nestle Nigeria (NSA:NESTLE), the current Pretax Margin % is 22.62% 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 Nestle Nigeria (NSA:NESTLE) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued.
The current stock price of ₦3,125.00 is trading 45.4% above its estimated GF Value™ of ₦2,149.87.
GuruFocus considers Nestle Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:NESTLE:
Pretax Margin %: 22.62% (35% above median its 10-year median of 16.75)
GF Value™: ₦2,149.87 vs. price of ₦3,125.00 (45.4% above fair value)
Industry Position: 384.9% above the Consumer Packaged Goods median (#305 of 1952)
No single metric tells the full story. See the NSA:NESTLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The Food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The Beverage segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The Food segment generates the majority of the revenue. Geographically, the majority of the revenue is generated from Nigeria.
76GF Score
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