Unilever Nigeria (NSA:LEVBROS) ROC (Joel Greenblatt) %: 239.30% (As of Dec. 2025) — 447% Above Median


NSA:LEVBROS Unilever Nigeria PLC NSA:LEVBROS
83 GF Score
Price ₦125.00
GF Value ₦51.97
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Unilever Nigeria ROC (Joel Greenblatt) %?

Unilever Nigeria NSA:LEVBROS +2.46% 83 ROC (Joel Greenblatt) % is 239.30% as of Dec. 2025, which is 447% above its 10-year median of 43.73. GuruFocus rates NSA:LEVBROS with a GF Score™ of 83/100 and a GF Value™ of ₦51.97 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,978 Consumer Packaged Goods companies, Unilever Nigeria ranks better than 98.94% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Unilever Nigeria's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 239.30%.

The historical rank and industry rank for Unilever Nigeria's ROC (Joel Greenblatt) % or its related term are showing as below:

NSA:LEVBROS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -31.31   Med: 43.73   Max: 290.46
Current: 290.46

During the past 13 years, Unilever Nigeria's highest ROC (Joel Greenblatt) % was 290.46%. The lowest was -31.31%. And the median was 43.73%.

NSA:LEVBROS's ROC (Joel Greenblatt) % is ranked better than
98.94% of 1978 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs NSA:LEVBROS: 290.46

Unilever Nigeria's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Unilever Nigeria  (NSA:LEVBROS) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Unilever Nigeria ROC (Joel Greenblatt) % Related Terms


Unilever Nigeria ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Unilever Nigeria's ROC (Joel Greenblatt) % 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.

Unilever Nigeria ROC (Joel Greenblatt) % Chart

Unilever Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.81 43.35 110.32 109.31 223.20

Unilever Nigeria Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROC (Joel Greenblatt) % 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 72.95 69.37 489.37 111.69 239.30

NSA:LEVBROS vs PG, CL, KVUE: ROC (Joel Greenblatt) % Comparison

For the Household & Personal Products subindustry, Unilever Nigeria's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Unilever Nigeria ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unilever Nigeria's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Unilever Nigeria's ROC (Joel Greenblatt) % falls into.


NSA:LEVBROS
83GF Score
Unilever Nigeria PLC NSA:LEVBROS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unilever Nigeria ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2331.895 + 28308.05 + 11918.218) - (57032.872 + 0 + 11110.227)
=-25584.936

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1478.93 + 23100.479 + 9137.837) - (57878.361 + 0 + 10398.378)
=-34559.493

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Unilever Nigeria for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=56374.116/( ( (22706.021 + max(-25584.936, 0)) + (24409.921 + max(-34559.493, 0)) )/ 2 )
=56374.116/( ( 22706.021 + 24409.921 )/ 2 )
=56374.116/23557.971
=239.30 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT 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.

What does a ROC (Joel Greenblatt) % of 239.30% mean?
Unilever Nigeria (NSA:LEVBROS) has a ROC (Joel Greenblatt) % of 239.30% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Unilever Nigeria and its competitors. This is 447% above median its historical median of 43.73. According to the industry distribution chart, Unilever Nigeria ranks #21 out of 1978 companies in the Consumer Packaged Goods industry, placing it in the top 1.1%.
Is Unilever Nigeria's ROC (Joel Greenblatt) % too high?
Unilever Nigeria's current ROC (Joel Greenblatt) % of 239.30% is 447% above median its 10-year median of 43.73. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Unilever Nigeria's value of 239.30% is 1895.8% above this industry median. Based on the distribution chart, Unilever Nigeria ranks #21 out of 1978 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Unilever Nigeria has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unilever Nigeria's ROC (Joel Greenblatt) % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Unilever Nigeria ranks #21 out of 1978 companies for ROC (Joel Greenblatt) %. This places Unilever Nigeria in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Unilever Nigeria's value of 239.30% is 1895.8% above this benchmark. While the company's 10-year median is 43.73 vs. the industry median of 11.99, Unilever 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 ROC (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,978 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Unilever Nigeria's current ROC (Joel Greenblatt) % of 239.30% is 1895.8% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Unilever Nigeria and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unilever Nigeria's current ROC (Joel Greenblatt) % is 239.30%, which is 447% above median its own 10-year median of 43.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilever Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Unilever Nigeria (NSA:LEVBROS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦51.97, compared to a current price of ₦125.00 — trading 140.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 239.30%, which is 447% above median its 10-year median of 43.73 and 1895.8% above the Consumer Packaged Goods industry median of 11.99. Unilever Nigeria's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Unilever Nigeria (NSA:LEVBROS), the current ROC (Joel Greenblatt) % is 239.30% 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 Unilever Nigeria (NSA:LEVBROS) Overvalued in 2026?

Based on GuruFocus' analysis, Unilever Nigeria stock appears to be overvalued. The current stock price of ₦125.00 is trading 140.5% above its estimated GF Value™ of ₦51.97. GuruFocus considers Unilever Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:LEVBROS:

  • ROC (Joel Greenblatt) %: 239.30% (447% above median its 10-year median of 43.73)
  • GF Value™: ₦51.97 vs. price of ₦125.00 (140.5% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 1895.8% above the Consumer Packaged Goods median (#21 of 1978)

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


Unilever Nigeria Business Description

Address 1 Billings Way, P.O. Box 1063, Oregun, Ikeja, Lagos, NGA
Unilever Nigeria PLC is principally involved in the manufacture and marketing of Nutrition, Beauty & Wellbeing, and Personal Care products. It has manufacturing sites in Oregun, Lagos State, and Agbara, Ogun State. The company's operating segments are: Foods, Personal Care, and Beauty & Wellbeing. Maximum revenue is generated from the Foods segment, which includes the sale of savoury products. The Personal Care segment includes the sale of oral care and deodorant products, and the Beauty & Wellbeing segment includes sales of skin care products. Geographically, the company generates maximum revenue from its business in Nigeria, and to a lesser extent, also exports its products to other countries.
83GF Score

Get the complete analysis for NSA:LEVBROS

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦125.00
Price
₦51.97
GF Value