Guinness Nigeria (NSA:GUIN) 3-Year ROIIC % : -5.78% (As of Jun. 2024)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:GUIN Guinness Nigeria PLC NSA:GUIN
69 GF Score
Price ₦329.00
GF Value ₦171.40
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Guinness Nigeria 3-Year ROIIC %?

Guinness Nigeria NSA:GUIN 69 3-Year ROIIC % is -5.78 as of Jun. 2024. GuruFocus rates NSA:GUIN with a GF Score™ of 69/100 and a GF Value™ of ₦171.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 198 Beverages - Alcoholic companies, Guinness Nigeria ranks worse than 59.09% 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. Guinness Nigeria's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was -5.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Guinness Nigeria's 3-Year ROIIC % or its related term are showing as below:

NSA:GUIN's 3-Year ROIIC % is ranked worse than
59.09% of 198 companies
in the Beverages - Alcoholic industry
Industry Median: -0.1 vs NSA:GUIN: -5.78

Guinness Nigeria  (NSA:GUIN) 3-Year ROIIC % Explanation

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.


Guinness Nigeria 3-Year ROIIC % Related Terms


Guinness Nigeria 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Guinness Nigeria'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.

Guinness Nigeria 3-Year ROIIC % Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -69.56 -200.78 64.75 34.16 -5.78

Guinness Nigeria Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Mar26
3-Year ROIIC % 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 0.00 0.00 18.76 0.00 0.00

NSA:GUIN vs BUD, STZ, TAP: 3-Year ROIIC % Comparison

For the Beverages - Brewers subindustry, Guinness Nigeria'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.


Guinness Nigeria 3-Year ROIIC % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Guinness Nigeria's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Guinness Nigeria's 3-Year ROIIC % falls into.


NSA:GUIN
69GF Score
Guinness Nigeria PLC NSA:GUIN
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guinness Nigeria 3-Year ROIIC % Calculation

Guinness Nigeria's 3-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1057.2669468 (Jun. 2024) - 2040.0171904 (Jun. 2021) )/( 165450.811 (Jun. 2024) - 111838.652 (Jun. 2021) )
=-3097.2841372/53612.159
=-5.78%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -5.78 mean?
Guinness Nigeria (NSA:GUIN) has a 3-Year ROIIC % of -5.78 as of Jun. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Guinness Nigeria and its competitors. According to the industry distribution chart, Guinness Nigeria ranks #117 out of 198 companies in the Beverages - Alcoholic industry, placing it in the top 59.1%.
Is Guinness Nigeria's 3-Year ROIIC % too high?
Guinness Nigeria's current 3-Year ROIIC % is -5.78. Based on the distribution chart, Guinness Nigeria ranks #117 out of 198 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Guinness Nigeria has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guinness Nigeria's 3-Year ROIIC % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Guinness Nigeria ranks #117 out of 198 companies for 3-Year ROIIC %. This places Guinness Nigeria in the lower half of its industry. 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 Beverages - Alcoholic company?
A good 3-Year ROIIC % depends on the Beverages - Alcoholic industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Guinness Nigeria and its competitors. Guinness Nigeria's current 3-Year ROIIC % is -5.78. 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 ₦171.40, compared to a current price of ₦329.00 — trading 91.9% above its estimated fair value. The current 3-Year ROIIC % is -5.78. Guinness Nigeria's overall GF Score™ is 69/100 with 2 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 Guinness Nigeria (NSA:GUIN), the current 3-Year ROIIC % is -5.78 as of Jun. 2024. 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 ₦329.00 is trading 91.9% above its estimated GF Value™ of ₦171.40. GuruFocus considers Guinness Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:GUIN:

  • 3-Year ROIIC %: -5.78
  • GF Value™: ₦171.40 vs. price of ₦329.00 (91.9% above fair value)
  • GF Score™: 69/100 with 2 warning signs

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.
69GF Score

Get the complete analysis for NSA:GUIN

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

₦329.00
Price
₦171.40
GF Value