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Dangote Sugar RefineryNSA:DSRP 65 3-Year ROIIC % is 3.35 as of Dec. 2025, which is 59% below its 10-year median of 8.22. GuruFocus rates NSA:DSRP with a GF Score™ of 65/100 and a GF Value™ of ₦79.98 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,829 Consumer Packaged Goods companies, Dangote Sugar Refinery ranks better than 51.12% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Dangote Sugar Refinery's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Dangote Sugar Refinery's 3-Year ROIIC % or its related term are showing as below:
NSA:DSRP's 3-Year ROIIC % is ranked better than 51.12% of 1829
companies
in the Consumer Packaged Goods industry
Industry Median: 2.72
vs NSA:DSRP: 3.35
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Dangote Sugar Refinery 3-Year ROIIC % Related Terms
Dangote Sugar Refinery 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Dangote Sugar Refinery's 3-Year ROIIC % 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.
NSA:DSRP vs MDLZ, HSY, TR: 3-Year ROIIC % Comparison
For the Confectioners subindustry, Dangote Sugar Refinery's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Dangote Sugar Refinery's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Dangote Sugar Refinery (NSA:DSRP) has a 3-Year ROIIC % of 3.35 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Dangote Sugar Refinery and its competitors. This is 59% below median its historical median of 8.22. According to the industry distribution chart, Dangote Sugar Refinery ranks #894 out of 1829 companies in the Consumer Packaged Goods industry, placing it in the top 48.9%.
Is Dangote Sugar Refinery's 3-Year ROIIC % too high?
Dangote Sugar Refinery's current 3-Year ROIIC % of 3.35 is 59% below median its 10-year median of 8.22. The Consumer Packaged Goods industry median 3-Year ROIIC % is 2.72. Dangote Sugar Refinery's value of 3.35 is 23.2% above this industry median. Based on the distribution chart, Dangote Sugar Refinery ranks #894 out of 1829 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Dangote Sugar Refinery has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's 3-Year ROIIC % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dangote Sugar Refinery ranks #894 out of 1829 companies for 3-Year ROIIC %. This puts Dangote Sugar Refinery in the upper half of its industry. The industry median 3-Year ROIIC % is 2.72. Dangote Sugar Refinery's value of 3.35 is 23.2% above this benchmark. While the company's 10-year median is 8.22 vs. the industry median of 2.72, Dangote Sugar Refinery 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 3-Year ROIIC % for a Consumer Packaged Goods company?
The median 3-Year ROIIC % among Consumer Packaged Goods companies is 2.72, based on 1,829 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dangote Sugar Refinery's current 3-Year ROIIC % of 3.35 is 23.2% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Dangote Sugar Refinery and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Sugar Refinery's current 3-Year ROIIC % is 3.35, which is 59% below median its own 10-year median of 8.22. 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 ₦79.98, compared to a current price of ₦72.00 — trading 10% below its estimated fair value. The current 3-Year ROIIC % is 3.35, which is 59% below median its 10-year median of 8.22 and 23.2% above the Consumer Packaged Goods industry median of 2.72. Dangote Sugar Refinery's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Dangote Sugar Refinery (NSA:DSRP), the current 3-Year ROIIC % is 3.35 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 ₦72.00 is trading 10% below its estimated GF Value™ of ₦79.98.
GuruFocus considers Dangote Sugar Refinery to be Modestly Undervalued.
Key valuation signals for NSA:DSRP:
3-Year ROIIC %: 3.35 (59% below median its 10-year median of 8.22)
GF Value™: ₦79.98 vs. price of ₦72.00 (10% below fair value)
Industry Position: 23.2% above the Consumer Packaged Goods median (#894 of 1829)
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 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.
65GF Score
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