Honeywell Flour Mills (NSA:HFM) Revenue: ₦373,509 Mil (TTM As of Mar. 2025)

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:HFM Honeywell Flour Mills PLC NSA:HFM
70 GF Score
Price ₦16.25
GF Value ₦10.35
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Honeywell Flour Mills Revenue?

Honeywell Flour Mills NSA:HFM +1.56% 70 Revenue is ₦373,509 Mil as of Mar. 2025. GuruFocus rates NSA:HFM with a GF Score™ of 70/100 and a GF Value™ of ₦10.35 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Honeywell Flour Mills's revenue for the six months ended in Mar. 2025 was ₦373,509 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2025 was ₦373,509 Mil. Honeywell Flour Mills's Revenue per Share for 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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

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.


Honeywell Flour Mills  (NSA:HFM) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Honeywell Flour Mills Revenue Related Terms


Honeywell Flour Mills Revenue Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills's Revenue 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 Revenue Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109,594.73 136,427.51 147,350.74 188,311.04 373,509.25

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Revenue 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 109,594.73 136,427.51 147,350.74 188,311.04 373,509.25

NSA:HFM vs KHC, GIS, HRL: Revenue Comparison

For the Packaged Foods subindustry, Honeywell Flour Mills's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Consumer Packaged Goods Industry

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

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


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

Honeywell Flour Mills Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was ₦373,509 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of ₦373,509 Mil mean?
Honeywell Flour Mills (NSA:HFM) has a Revenue of ₦373,509 Mil as of Mar. 2025. Revenue is the total amount a company generates as sales through its operations. View historical data on Honeywell Flour Mills and its competitors.
Is Honeywell Flour Mills' Revenue too high?
Honeywell Flour Mills' current Revenue is ₦373,509 Mil. 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' Revenue compare to KHC and GIS?
Honeywell Flour Mills' Revenue of ₦373,509 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Consumer Packaged Goods company?
A good Revenue depends on the Consumer Packaged Goods industry context. However, Revenue 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 Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Honeywell Flour Mills and its competitors. Honeywell Flour Mills's current Revenue is ₦373,509 Mil. 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 ₦10.35, compared to a current price of ₦16.25 — trading 57% above its estimated fair value. The current Revenue is ₦373,509 Mil. 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 Revenue calculated?
Revenue is calculated from a company's financial statements. For Honeywell Flour Mills (NSA:HFM), the current Revenue is ₦373,509 Mil as of Mar. 2025. 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 ₦16.25 is trading 57% above its estimated GF Value™ of ₦10.35. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • Revenue: ₦373,509 Mil
  • GF Value™: ₦10.35 vs. price of ₦16.25 (57% above fair value)
  • GF Score™: 70/100 with 2 warning signs

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

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

₦16.25
Price
₦10.35
GF Value