Guinness Nigeria (NSA:GUIN) ROA %: 17.17% (As of Mar. 2026) — 1490% Above Median


NSA:GUIN Guinness Nigeria PLC NSA:GUIN
63 GF Score
Price ₦365.50
GF Value ₦168.99
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Guinness Nigeria ROA %?

Guinness Nigeria NSA:GUIN 63 ROA % is 17.17% as of Mar. 2026, which is 1490% above its 10-year median of 1.08. GuruFocus rates NSA:GUIN with a GF Score™ of 63/100 and a GF Value™ of ₦168.99 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 214 Beverages - Alcoholic companies, Guinness Nigeria ranks better than 88.79% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Guinness Nigeria's annualized Net Income for the quarter that ended in Mar. 2026 was ₦41,569 Mil. Guinness Nigeria's average Total Assets over the quarter that ended in Mar. 2026 was ₦242,153 Mil. Therefore, Guinness Nigeria's annualized ROA % for the quarter that ended in Mar. 2026 was 17.17%.

The historical rank and industry rank for Guinness Nigeria's ROA % or its related term are showing as below:

NSA:GUIN' s ROA % Range Over the Past 10 Years
Min: -23.41   Med: 1.08   Max: 11.48
Current: 11.48

During the past 13 years, Guinness Nigeria's highest ROA % was 11.48%. The lowest was -23.41%. And the median was 1.08%.

NSA:GUIN's ROA % is ranked better than
88.79% of 214 companies
in the Beverages - Alcoholic industry
Industry Median: 2.94 vs NSA:GUIN: 11.48

Guinness Nigeria  (NSA:GUIN) 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: Mar. 2026 )
=Net Income/Total Assets
=41569.096/242153.345
=(Net Income / Revenue)*(Revenue / Total Assets)
=(41569.096 / 491091.148)*(491091.148 / 242153.345)
=Net Margin %*Asset Turnover
=8.46 %*2.028
=17.17 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Guinness Nigeria ROA % Related Terms


Guinness Nigeria ROA % Historical Data

* Premium members only.

The historical data trend for Guinness Nigeria'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.

Guinness Nigeria ROA % Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.25 0.80 8.13 -7.94 -23.41

Guinness Nigeria Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Mar26
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 Premium Member Only Premium Member Only 18.75 9.93 13.56 15.52 17.17

NSA:GUIN vs STZ, TAP: ROA % Comparison

For the Beverages - Brewers subindustry, Guinness Nigeria'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.


Guinness Nigeria ROA % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Guinness Nigeria's ROA % distribution charts can be found below:

* The bar in red indicates where Guinness Nigeria's ROA % falls into.


NSA:GUIN
63GF Score
Guinness Nigeria PLC NSA:GUIN
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guinness Nigeria ROA % Calculation

Guinness Nigeria's annualized ROA % for the fiscal year that ended in Jun. 2024 is calculated as:

ROA %=Net Income (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=-54766.776/( (241748.144+226130.077)/ 2 )
=-54766.776/233939.1105
=-23.41 %

Guinness Nigeria's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=41569.096/( (245982.516+238324.174)/ 2 )
=41569.096/242153.345
=17.17 %

* 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 four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 17.17% mean?
Guinness Nigeria (NSA:GUIN) has a ROA % of 17.17% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Guinness Nigeria and its competitors. This is 1490% above median its historical median of 1.08. According to the industry distribution chart, Guinness Nigeria ranks #24 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 11.2%.
Is Guinness Nigeria's ROA % too high?
Guinness Nigeria's current ROA % of 17.17% is 1490% above median its 10-year median of 1.08. The Beverages - Alcoholic industry median ROA % is 2.94. Guinness Nigeria's value of 17.17% is 484% above this industry median. Based on the distribution chart, Guinness Nigeria ranks #24 out of 214 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 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guinness Nigeria's ROA % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Guinness Nigeria ranks #24 out of 214 companies for ROA %. This places Guinness Nigeria in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 2.94. Guinness Nigeria's value of 17.17% is 484% above this benchmark. While the company's 10-year median is 1.08 vs. the industry median of 2.94, 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 ROA % for a Beverages - Alcoholic company?
The median ROA % among Beverages - Alcoholic companies is 2.94, based on 214 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. Guinness Nigeria's current ROA % of 17.17% is 484% 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 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 Guinness Nigeria and its competitors. For the Beverages - Alcoholic industry, the median ROA % is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guinness Nigeria's current ROA % is 17.17%, which is 1490% above median its own 10-year median of 1.08. 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 ₦168.99, compared to a current price of ₦365.50 — trading 116.3% above its estimated fair value. The current ROA % is 17.17%, which is 1490% above median its 10-year median of 1.08 and 484% above the Beverages - Alcoholic industry median of 2.94. Guinness Nigeria's overall GF Score™ is 63/100 with 2 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 Guinness Nigeria (NSA:GUIN), the current ROA % is 17.17% 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 ₦365.50 is trading 116.3% above its estimated GF Value™ of ₦168.99. GuruFocus considers Guinness Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:GUIN:

  • ROA %: 17.17% (1490% above median its 10-year median of 1.08)
  • GF Value™: ₦168.99 vs. price of ₦365.50 (116.3% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 484% above the Beverages - Alcoholic median (#24 of 214)

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 Business Description

Address Cocoa Industries Road, (Guinness Road) Ogba-Ikeja, Lagos, Lagos, NGA, 21071
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.
63GF Score

Get the complete analysis for NSA:GUIN

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

₦365.50
Price
₦168.99
GF Value