Guinness Nigeria (NSA:GUIN) ROCE %: 149.93% (As of Mar. 2026)


NSA:GUIN Guinness Nigeria PLC NSA:GUIN
63 GF Score
Price ₦365.50
GF Value ₦168.99
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Guinness Nigeria ROCE %?

Guinness Nigeria NSA:GUIN 63 ROCE % is 149.93% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Guinness Nigeria's annualized ROCE % for the quarter that ended in Mar. 2026 was 149.93%.

Guinness Nigeria  (NSA:GUIN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Guinness Nigeria ROCE % Related Terms

Guinness Nigeria ROCE % Historical Data

* Premium members only.

The historical data trend for Guinness Nigeria's ROCE % 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 ROCE % Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.18 8.64 26.03 -22.43 -210.93

Guinness Nigeria Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Mar26
ROCE % 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 9,345.34 2,047.64 483.72 354.99 149.93
NSA:GUIN
63GF Score
Guinness Nigeria PLC NSA:GUIN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guinness Nigeria ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-65111.005/( ( (241748.144 - 183671.423) + (226130.077 - 222469.347) )/ 2 )
=-65111.005/( (58076.721+3660.73)/ 2 )
=-65111.005/30868.7255
=-210.93 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=72903.008/( ( (245982.516 - 216114.868) + (238324.174 - 170944.618) )/ 2 )
=72903.008/( ( 29867.648 + 67379.556 )/ 2 )
=72903.008/48623.602
=149.93 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 149.93% mean?
Guinness Nigeria (NSA:GUIN) has a ROCE % of 149.93% as of Mar. 2026.
Is Guinness Nigeria's ROCE % too high?
Guinness Nigeria's current ROCE % is 149.93%. The Beverages - Alcoholic industry median ROCE % is 7.68. Guinness Nigeria's value of 149.93% is 1853.5% above this industry median. 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 ROCE % compare to STZ and TAP?
Guinness Nigeria's ROCE % of 149.93% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROCE % is 7.68. Guinness Nigeria's value of 149.93% is 1853.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Beverages - Alcoholic company?
The median ROCE % among Beverages - Alcoholic companies is 7.68, based on 208 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guinness Nigeria's current ROCE % of 149.93% is 1853.5% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Beverages - Alcoholic industry, the median ROCE % is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guinness Nigeria's current ROCE % is 149.93%. 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 ROCE % is 149.93% and 1853.5% above the Beverages - Alcoholic industry median of 7.68. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Guinness Nigeria (NSA:GUIN), the current ROCE % is 149.93% 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:

  • ROCE %: 149.93%
  • GF Value™: ₦168.99 vs. price of ₦365.50 (116.3% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 1853.5% above the Beverages - Alcoholic median

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

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

₦365.50
Price
₦168.99
GF Value