Honeywell Flour Mills (NSA:HFM) PS Ratio: 0.32 (As of Jul. 08, 2026) — 88% Above Median


NSA:HFM Honeywell Flour Mills PLC NSA:HFM
70 GF Score
Price ₦15.15
GF Value ₦10.26
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Honeywell Flour Mills PS Ratio?

Honeywell Flour Mills NSA:HFM +1.00% 70 PS Ratio is 0.32 as of Jul. 08, 2026, which is 88% above its 10-year median of 0.17. GuruFocus rates NSA:HFM with a GF Score™ of 70/100 and a GF Value™ of ₦10.26 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,935 Consumer Packaged Goods companies, Honeywell Flour Mills ranks better than 80.31% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Honeywell Flour Mills's share price is ₦15.15. Honeywell Flour Mills's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 was ₦47.10. Hence, Honeywell Flour Mills's PS Ratio for today is 0.32.

Good Sign:

Honeywell Flour Mills PLC stock PS Ratio (=0.3) is close to 1-year low of 0.3.

The historical rank and industry rank for Honeywell Flour Mills's PS Ratio or its related term are showing as below:

NSA:HFM' s PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 0.63
Current: 0.32

During the past 13 years, Honeywell Flour Mills's highest PS Ratio was 0.63. The lowest was 0.08. And the median was 0.17.

NSA:HFM's PS Ratio is ranked better than
80.31% of 1935 companies
in the Consumer Packaged Goods industry
Industry Median: 0.86 vs NSA:HFM: 0.32

Honeywell Flour Mills's Revenue per Sharefor the six months ended in Mar. 2025 was ₦47.10. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 was ₦47.10.

Good Sign:

Honeywell Flour Mills PLC has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Honeywell Flour Mills was 98.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 39.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 30.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 20.10% per year.

During the past 13 years, Honeywell Flour Mills's highest 3-Year average Revenue per Share Growth Rate was 39.90% per year. The lowest was -1.10% per year. And the median was 14.80% per year.

Back to Basics: PS Ratio


Honeywell Flour Mills  (NSA:HFM) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Honeywell Flour Mills PS Ratio Related Terms


Honeywell Flour Mills PS Ratio Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills's PS Ratio 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.

Honeywell Flour Mills PS Ratio Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.20 0.12 0.16 0.26

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PS Ratio 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 0.09 0.20 0.12 0.16 0.26

NSA:HFM vs KHC, GIS, HRL: PS Ratio Comparison

For the Packaged Foods subindustry, Honeywell Flour Mills's PS Ratio, along with its competitors' market caps and PS Ratio 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.


Honeywell Flour Mills PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's PS Ratio distribution charts can be found below:

* The bar in red indicates where Honeywell Flour Mills's PS Ratio falls into.


NSA:HFM
70GF Score
Honeywell Flour Mills PLC NSA:HFM
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honeywell Flour Mills PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Honeywell Flour Mills's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=15.15/47.1
=0.32

Honeywell Flour Mills's Share Price of today is ₦15.15.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Honeywell Flour Mills's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 was ₦47.10.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.32 mean?
Honeywell Flour Mills (NSA:HFM) has a PS Ratio of 0.32 as of Jul. 08, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Honeywell Flour Mills and its competitors. This is 88% above median its historical median of 0.17. Over the past decade, Honeywell Flour Mills' PS Ratio has ranged from 0.08 to 0.63. According to the industry distribution chart, Honeywell Flour Mills ranks #381 out of 1935 companies in the Consumer Packaged Goods industry, placing it in the top 19.7%.
Is Honeywell Flour Mills' PS Ratio too high?
Honeywell Flour Mills' current PS Ratio of 0.32 is 88% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.63. The Consumer Packaged Goods industry median PS Ratio is 0.86. Honeywell Flour Mills' value of 0.32 is 62.8% below this industry median. Based on the distribution chart, Honeywell Flour Mills ranks #381 out of 1935 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Flour Mills has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #381 out of 1935 companies for PS Ratio. This places Honeywell Flour Mills in the top 20% of its industry — outperforming the majority of peers. The industry median PS Ratio is 0.86. Honeywell Flour Mills' value of 0.32 is 62.8% below this benchmark. Historically, Honeywell Flour Mills' own PS Ratio has ranged from 0.08 to 0.63 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.86, Honeywell Flour Mills has consistently been below 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 PS Ratio for a Consumer Packaged Goods company?
The median PS Ratio among Consumer Packaged Goods companies is 0.86, based on 1,935 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell Flour Mills's current PS Ratio of 0.32 is 62.8% below 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median PS Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current PS Ratio is 0.32, which is 88% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.26, compared to a current price of ₦15.15 — trading 47.7% above its estimated fair value. The current PS Ratio is 0.32, which is 88% above median its 10-year median of 0.17 and 62.8% below the Consumer Packaged Goods industry median of 0.86. Honeywell Flour Mills' overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Honeywell Flour Mills (NSA:HFM), the current PS Ratio is 0.32 as of Jul. 08, 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 Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued. The current stock price of ₦15.15 is trading 47.7% above its estimated GF Value™ of ₦10.26. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • PS Ratio: 0.32 (88% above median its 10-year median of 0.17)
  • GF Value™: ₦10.26 vs. price of ₦15.15 (47.7% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 62.8% below the Consumer Packaged Goods median (#381 of 1935)

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


Honeywell Flour Mills Business Description

Address Wharf road, No. 1 Golden penny place, Apapa, Lagos, NGA
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
70GF Score

Get the complete analysis for NSA:HFM

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

₦15.15
Price
₦10.26
GF Value