Dangote Sugar Refinery (NSA:DSRP) ROA %: -6.35% (As of Dec. 2025)


NSA:DSRP Dangote Sugar Refinery PLC NSA:DSRP
70 GF Score
Price ₦70.00
GF Value ₦78.80
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Dangote Sugar Refinery ROA %?

Dangote Sugar Refinery NSA:DSRP -0.71% 70 ROA % is -6.35% as of Dec. 2025. GuruFocus rates NSA:DSRP with a GF Score™ of 70/100 and a GF Value™ of ₦78.80 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,990 Consumer Packaged Goods companies, Dangote Sugar Refinery ranks worse than 85.43% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dangote Sugar Refinery's annualized Net Income for the quarter that ended in Dec. 2025 was ₦-64,064 Mil. Dangote Sugar Refinery's average Total Assets over the quarter that ended in Dec. 2025 was ₦1,008,379 Mil. Therefore, Dangote Sugar Refinery's annualized ROA % for the quarter that ended in Dec. 2025 was -6.35%.

The historical rank and industry rank for Dangote Sugar Refinery's ROA % or its related term are showing as below:

NSA:DSRP' s ROA % Range Over the Past 10 Years
Min: -23.32   Med: 11.12   Max: 21.25
Current: -6.35

During the past 13 years, Dangote Sugar Refinery's highest ROA % was 21.25%. The lowest was -23.32%. And the median was 11.12%.

NSA:DSRP's ROA % is ranked worse than
85.43% of 1990 companies
in the Consumer Packaged Goods industry
Industry Median: 3.245 vs NSA:DSRP: -6.35

Dangote Sugar Refinery  (NSA:DSRP) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-64063.836/1008379.1435
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-64063.836 / 829214.876)*(829214.876 / 1008379.1435)
=Net Margin %*Asset Turnover
=-7.73 %*0.8223
=-6.35 %

Note: The Net Income data used here is one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the annual (Dec. 2025) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Dangote Sugar Refinery ROA % Related Terms


Dangote Sugar Refinery ROA % Historical Data

* Premium members only.

The historical data trend for Dangote Sugar Refinery's ROA % 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.

Dangote Sugar Refinery ROA % Chart

Dangote Sugar Refinery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.92 12.85 -13.49 -23.32 -6.35

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA % 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 6.92 12.85 -13.49 -23.32 -6.35

NSA:DSRP vs MDLZ, HSY, TR: ROA % Comparison

For the Confectioners subindustry, Dangote Sugar Refinery's ROA %, along with its competitors' market caps and ROA % 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.


Dangote Sugar Refinery ROA % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's ROA % distribution charts can be found below:

* The bar in red indicates where Dangote Sugar Refinery's ROA % falls into.


NSA:DSRP
70GF Score
Dangote Sugar Refinery PLC NSA:DSRP
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dangote Sugar Refinery ROA % Calculation

Dangote Sugar Refinery's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-64063.836/( (1050832.72+965925.567)/ 2 )
=-64063.836/1008379.1435
=-6.35 %

Dangote Sugar Refinery's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=-64063.836/( (1050832.72+965925.567)/ 2 )
=-64063.836/1008379.1435
=-6.35 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -6.35% mean?
Dangote Sugar Refinery (NSA:DSRP) has a ROA % of -6.35% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dangote Sugar Refinery and its competitors. According to the industry distribution chart, Dangote Sugar Refinery ranks #1700 out of 1990 companies in the Consumer Packaged Goods industry, placing it in the top 85.4%.
Is Dangote Sugar Refinery's ROA % too high?
Dangote Sugar Refinery's current ROA % is -6.35%. Based on the distribution chart, Dangote Sugar Refinery ranks #1700 out of 1990 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Dangote Sugar Refinery has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's ROA % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dangote Sugar Refinery ranks #1700 out of 1990 companies for ROA %. This places Dangote Sugar Refinery in the lower half of its industry. The industry median ROA % is 3.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.25, based on 1,990 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dangote Sugar Refinery and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Sugar Refinery's current ROA % is -6.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Sugar Refinery stock overvalued right now?
Based on GuruFocus' analysis, Dangote Sugar Refinery (NSA:DSRP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦78.80, compared to a current price of ₦70.00 — trading 11.2% below its estimated fair value. The current ROA % is -6.35%. Dangote Sugar Refinery's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Dangote Sugar Refinery (NSA:DSRP), the current ROA % is -6.35% as of Dec. 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 Dangote Sugar Refinery (NSA:DSRP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Sugar Refinery stock appears to be undervalued. The current stock price of ₦70.00 is trading 11.2% below its estimated GF Value™ of ₦78.80. GuruFocus considers Dangote Sugar Refinery to be Modestly Undervalued.

Key valuation signals for NSA:DSRP:

  • ROA %: -6.35%
  • GF Value™: ₦78.80 vs. price of ₦70.00 (11.2% below fair value)
  • GF Score™: 70/100 with 9 warning signs

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


Dangote Sugar Refinery Business Description

Address Terminal E, Shed 20, 3rd Floor, GDNL Building, NPA Wharf Port Complex, Apapa, Lagos, NGA
Dangote Sugar Refinery PLC is engaged in refining raw sugar to produce fortified and non-fortified granulated white sugar. The company distributes refined white sugar to consumers and industrial customers in Nigeria. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of its revenue from the Lagos region.
70GF Score

Get the complete analysis for NSA:DSRP

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

₦70.00
Price
₦78.80
GF Value