HBM Nigeria (NSA:HBMNG) Inventories, Raw Materials & Components: ₦90,130 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:HBMNG HBM Nigeria PLC NSA:HBMNG
78 GF Score
Price ₦335.00
GF Value ₦128.48
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is HBM Nigeria Inventories, Raw Materials & Components?

HBM Nigeria NSA:HBMNG 78 Inventories, Raw Materials & Components is ₦90,130 Mil as of Mar. 2026. 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.

HBM Nigeria's inventories, raw materials & components for the quarter that ended in Mar. 2026 was ₦90,130 Mil.

HBM Nigeria's quarterly raw materials declined from Sep. 2025 (₦86,400 Mil) to Dec. 2025 (₦82,405 Mil) but then increased from Dec. 2025 (₦82,405 Mil) to Mar. 2026 (₦90,130 Mil).

HBM Nigeria's annual raw materials increased from Dec. 2023 (₦39,575 Mil) to Dec. 2024 (₦75,843 Mil) and increased from Dec. 2024 (₦75,843 Mil) to Dec. 2025 (₦82,405 Mil).

HBM Nigeria Inventories, Raw Materials & Components Historical Data

* Premium members only.

The historical data trend for HBM Nigeria's Inventories, Raw Materials & Components 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 Inventories, Raw Materials & Components Chart

HBM Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Raw Materials & Components
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,693.38 42,261.42 39,574.51 75,843.02 82,404.76

HBM Nigeria Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Raw Materials & Components 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 85,570.34 87,410.19 86,400.26 82,404.76 90,130.13
NSA:HBMNG
78GF Score
HBM Nigeria PLC NSA:HBMNG
Inventories, Raw Materials & Components is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBM Nigeria Inventories, Raw Materials & Components Calculation

Materials and components scheduled for use in making a product.

What does a Inventories, Raw Materials & Components of ₦90,130 Mil mean?
HBM Nigeria (NSA:HBMNG) has a Inventories, Raw Materials & Components of ₦90,130 Mil as of Mar. 2026. Raw materials are the components a company uses for its main products. View historical data on HBM Nigeria and its competitors.
Is HBM Nigeria's Inventories, Raw Materials & Components too high?
HBM Nigeria's current Inventories, Raw Materials & Components is ₦90,130 Mil. 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 Inventories, Raw Materials & Components compare to CRH and VMC?
HBM Nigeria's Inventories, Raw Materials & Components of ₦90,130 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Raw Materials & Components for a Building Materials company?
A good Inventories, Raw Materials & Components depends on the Building Materials industry context. However, Inventories, Raw Materials & Components 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 Inventories, Raw Materials & Components mean?
A high Inventories, Raw Materials & Components can signal that a stock is expensive relative to its fundamentals. Raw materials are the components a company uses for its main products. View historical data on HBM Nigeria and its competitors. HBM Nigeria's current Inventories, Raw Materials & Components is ₦90,130 Mil. 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 Inventories, Raw Materials & Components is ₦90,130 Mil. 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 Inventories, Raw Materials & Components calculated?
Inventories, Raw Materials & Components is calculated from a company's financial statements. For HBM Nigeria (NSA:HBMNG), the current Inventories, Raw Materials & Components is ₦90,130 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 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:

  • Inventories, Raw Materials & Components: ₦90,130 Mil
  • GF Value™: ₦128.48 vs. price of ₦335.00 (160.7% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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

Inventories, Raw Materials & Components is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦335.00
Price
₦128.48
GF Value