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Guinness NigeriaNSA:GUIN -2.35%67 Return-on-Tangible-Asset is 17.63% as of Mar. 2026, which is 1517% above its 10-year median of 1.09. GuruFocus rates NSA:GUIN with a GF Score™ of 67/100 and a GF Value™ of ₦172.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Guinness Nigeria ranks better than 85.78% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Guinness Nigeria's annualizedNet Income for the quarter that ended in Mar. 2026 was ₦41,569 Mil. Guinness Nigeria's average total tangible assets for the quarter that ended in Mar. 2026 was ₦235,805 Mil. Therefore, Guinness Nigeria's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.63%.
The historical rank and industry rank for Guinness Nigeria's Return-on-Tangible-Asset or its related term are showing as below:
NSA:GUIN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.46 Med: 1.09 Max: 11.79
Current: 11.79
During the past 13 years, Guinness Nigeria's highest Return-on-Tangible-Asset was 11.79%. The lowest was -23.46%. And the median was 1.09%.
NSA:GUIN's Return-on-Tangible-Asset is ranked better than 85.78% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 3.11
vs NSA:GUIN: 11.79
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Guinness Nigeria Return-on-Tangible-Asset Related Terms
Guinness Nigeria Return-on-Tangible-Asset Historical Data
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The historical data trend for Guinness Nigeria's Return-on-Tangible-Asset 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:GUIN vs BUD, STZ, TAP: Return-on-Tangible-Asset Comparison
For the Beverages - Brewers subindustry, Guinness Nigeria's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Guinness Nigeria Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Guinness Nigeria's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Guinness Nigeria's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.63% mean?
Guinness Nigeria (NSA:GUIN) has a Return-on-Tangible-Asset of 17.63% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Guinness Nigeria and its competitors. This is 1517% above median its historical median of 1.09. According to the industry distribution chart, Guinness Nigeria ranks #30 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 14.2%.
Is Guinness Nigeria's Return-on-Tangible-Asset too high?
Guinness Nigeria's current Return-on-Tangible-Asset of 17.63% is 1517% above median its 10-year median of 1.09. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.11. Guinness Nigeria's value of 17.63% is 466.9% above this industry median. Based on the distribution chart, Guinness Nigeria ranks #30 out of 211 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Guinness Nigeria has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guinness Nigeria's Return-on-Tangible-Asset compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Guinness Nigeria ranks #30 out of 211 companies for Return-on-Tangible-Asset. This places Guinness Nigeria in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.11. Guinness Nigeria's value of 17.63% is 466.9% above this benchmark. While the company's 10-year median is 1.09 vs. the industry median of 3.11, Guinness 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 Return-on-Tangible-Asset for a Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.11, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guinness Nigeria's current Return-on-Tangible-Asset of 17.63% is 466.9% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Guinness Nigeria and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guinness Nigeria's current Return-on-Tangible-Asset is 17.63%, which is 1517% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guinness Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Guinness Nigeria (NSA:GUIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦172.06, compared to a current price of ₦332.00 — trading 93% above its estimated fair value. The current Return-on-Tangible-Asset is 17.63%, which is 1517% above median its 10-year median of 1.09 and 466.9% above the Beverages - Alcoholic industry median of 3.11. Guinness Nigeria's overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Guinness Nigeria (NSA:GUIN), the current Return-on-Tangible-Asset is 17.63% 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 Guinness Nigeria (NSA:GUIN) Overvalued in 2026?
Based on GuruFocus' analysis, Guinness Nigeria stock appears to be overvalued.
The current stock price of ₦332.00 is trading 93% above its estimated GF Value™ of ₦172.06.
GuruFocus considers Guinness Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:GUIN:
Return-on-Tangible-Asset: 17.63% (1517% above median its 10-year median of 1.09)
GF Value™: ₦172.06 vs. price of ₦332.00 (93% above fair value)
Industry Position: 466.9% above the Beverages - Alcoholic median (#30 of 211)
No single metric tells the full story. See the NSA:GUIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guinness Nigeria PLC is a beverage manufacturing company. The company is engaged in brewing, packaging, marketing and selling of various beverage brand including Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Smirnoff Ice, Dubic Malt, Orijin Spirit Mixed Drink, Orijin Bitters, Baileys Delight, Gordons Moringa, Captain Morgan Gold and Don Royale among others. Geographically, it derives a majority of revenue from Nigeria.
67GF Score
Get the complete analysis for NSA:GUIN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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