Nestle Nigeria (NSA:NESTLE) Selling, General, & Admin. Expense: ₦212,749 Mil (TTM As of Mar. 2026)


NSA:NESTLE Nestle Nigeria PLC NSA:NESTLE
74 GF Score
Price ₦3,125.00
GF Value ₦2,166.41
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nestle Nigeria Selling, General, & Admin. Expense?

Nestle Nigeria NSA:NESTLE 74 Selling, General, & Admin. Expense is ₦212,749 Mil as of Mar. 2026. GuruFocus rates NSA:NESTLE with a GF Score™ of 74/100 and a GF Value™ of ₦2,166.41 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Nestle Nigeria's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₦52,514 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₦212,749 Mil.


Nestle Nigeria  (NSA:NESTLE) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Nestle Nigeria Selling, General, & Admin. Expense Related Terms


Nestle Nigeria Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Nestle Nigeria's Selling, General, & Admin. Expense 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.

Nestle Nigeria Selling, General, & Admin. Expense Chart

Nestle Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59,592.03 68,267.32 87,500.38 125,540.21 197,172.67

Nestle Nigeria Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 43,036.82 49,298.21 51,352.25 59,584.86 52,513.68

NSA:NESTLE vs KHC, GIS, HRL: Selling, General, & Admin. Expense Comparison

For the Packaged Foods subindustry, Nestle Nigeria's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Nestle Nigeria's Selling, General, & Admin. Expense falls into.


NSA:NESTLE
74GF Score
Nestle Nigeria PLC NSA:NESTLE
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nestle Nigeria Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦212,749 Mil.

* 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 Selling, General, & Admin. Expense of ₦212,749 Mil mean?
Nestle Nigeria (NSA:NESTLE) has a Selling, General, & Admin. Expense of ₦212,749 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nestle Nigeria and its competitors.
Is Nestle Nigeria's Selling, General, & Admin. Expense too high?
Nestle Nigeria's current Selling, General, & Admin. Expense is ₦212,749 Mil. Overall, Nestle Nigeria has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's Selling, General, & Admin. Expense compare to KHC and GIS?
Nestle Nigeria's Selling, General, & Admin. Expense of ₦212,749 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Consumer Packaged Goods company?
A good Selling, General, & Admin. Expense depends on the Consumer Packaged Goods industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nestle Nigeria and its competitors. Nestle Nigeria's current Selling, General, & Admin. Expense is ₦212,749 Mil. 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 ₦2,166.41, compared to a current price of ₦3,125.00 — trading 44.2% above its estimated fair value. The current Selling, General, & Admin. Expense is ₦212,749 Mil. Nestle Nigeria's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Nestle Nigeria (NSA:NESTLE), the current Selling, General, & Admin. Expense is ₦212,749 Mil 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 44.2% above its estimated GF Value™ of ₦2,166.41. GuruFocus considers Nestle Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:NESTLE:

  • Selling, General, & Admin. Expense: ₦212,749 Mil
  • GF Value™: ₦2,166.41 vs. price of ₦3,125.00 (44.2% above fair value)
  • GF Score™: 74/100 with 8 warning signs

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 Business Description

Other Exchanges NSTL:Canada
Address 22-24, Industrial Avenue, Ilupeju, Lagos, NGA, 102215
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.
74GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦3,125.00
Price
₦2,166.41
GF Value