Nestle NigeriaNSA:NESTLE 76 ROE % is 483.47% as of Mar. 2026, which is 407% above its 10-year median of 95.39. GuruFocus rates NSA:NESTLE with a GF Score™ of 76/100 and a GF Value™ of ₦2,149.87 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Nestle Nigeria ranks better than 99.95% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nestle Nigeria's annualized net income for the quarter that ended in Mar. 2026 was ₦155,991 Mil. Nestle Nigeria's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₦32,265 Mil. Therefore, Nestle Nigeria's annualized ROE % for the quarter that ended in Mar. 2026 was 483.47%.
The historical rank and industry rank for Nestle Nigeria's ROE % or its related term are showing as below:
NSA:NESTLE'
s ROE % Range Over the Past 10 Years
Min: 23.01 Med: 95.39 Max: 189.53
Current: Negative Equity
During the past 13 years, Nestle Nigeria's highest ROE % was 189.53%. The lowest was 23.01%. And the median was 95.39%.
NSA:NESTLE's ROE % is ranked better than 99.95% of 1916
companies
in the Consumer Packaged Goods industry
Industry Median: 6.735
vs NSA:NESTLE: Negative Equity
Nestle Nigeria (NSA:NESTLE) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Nestle Nigeria ROE % Related Terms
Nestle Nigeria ROE % Historical Data
* Premium members only.
The historical data trend for Nestle Nigeria's ROE % 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.
For the Packaged Foods subindustry, Nestle Nigeria's ROE %, along with its competitors' market caps and ROE % 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.
Nestle Nigeria ROE % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's ROE % distribution charts can be found below:
* The bar in red indicates where Nestle Nigeria's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Nestle Nigeria (NSA:NESTLE) has a ROE % of 483.47% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nestle Nigeria and its competitors. This is 407% above median its historical median of 95.39. Over the past decade, Nestle Nigeria's ROE % has ranged from 23.01 to 189.53. According to the industry distribution chart, Nestle Nigeria ranks #1 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is Nestle Nigeria's ROE % too high?
Nestle Nigeria's current ROE % of 483.47% is 407% above median its 10-year median of 95.39. Over the past 10 years, this metric has ranged from a low of 23.01 to a high of 189.53. The Consumer Packaged Goods industry median ROE % is 6.74. Nestle Nigeria's value of 483.47% is 7078.5% above this industry median. Based on the distribution chart, Nestle Nigeria ranks #1 out of 1916 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nestle Nigeria has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Nigeria ranks #1 out of 1916 companies for ROE %. This places Nestle Nigeria in the top 0% of its industry — outperforming the majority of peers. The industry median ROE % is 6.74. Nestle Nigeria's value of 483.47% is 7078.5% above this benchmark. Historically, Nestle Nigeria's own ROE % has ranged from 23.01 to 189.53 over the past decade. While the company's 10-year median is 95.39 vs. the industry median of 6.74, Nestle 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.74, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nestle Nigeria's current ROE % of 483.47% is 7078.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nestle Nigeria and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Nigeria's current ROE % is 483.47%, which is 407% above median its own 10-year median of 95.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Nestle Nigeria (NSA:NESTLE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2,149.87, compared to a current price of ₦3,125.00 — trading 45.4% above its estimated fair value. The current ROE % is 483.47%, which is 407% above median its 10-year median of 95.39 and 7078.5% above the Consumer Packaged Goods industry median of 6.74. Nestle Nigeria's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nestle Nigeria (NSA:NESTLE), the current ROE % is 483.47% 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 Nestle Nigeria (NSA:NESTLE) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued.
The current stock price of ₦3,125.00 is trading 45.4% above its estimated GF Value™ of ₦2,149.87.
GuruFocus considers Nestle Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:NESTLE:
ROE %: 483.47% (407% above median its 10-year median of 95.39)
GF Value™: ₦2,149.87 vs. price of ₦3,125.00 (45.4% above fair value)
Industry Position: 7078.5% above the Consumer Packaged Goods median (#1 of 1916)
No single metric tells the full story. See the NSA:NESTLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The Food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The Beverage segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The Food segment generates the majority of the revenue. Geographically, the majority of the revenue is generated from Nigeria.
76GF Score
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