Nigerian Breweries (NSA:NB) Total Assets: ₦1,137,211 Mil (As of Mar. 2026)


NSA:NB Nigerian Breweries PLC NSA:NB
64 GF Score
Price ₦72.50
GF Value ₦30.66
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nigerian Breweries Total Assets?

Nigerian Breweries NSA:NB 64 Total Assets is ₦1,137,211 Mil as of Mar. 2026. GuruFocus rates NSA:NB with a GF Score™ of 64/100 and a GF Value™ of ₦30.66 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Nigerian Breweries's Total Assets for the quarter that ended in Mar. 2026 was ₦1,137,211 Mil.

Warning Sign:

If a company builds assets at 21.8% a year, faster than its revenue growth rate of 14.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Nigerian Breweries's average Total Assets Growth Rate was -4.40% per year. During the past 3 years, the average Total Assets Growth Rate was 18.90% per year. During the past 5 years, the average Total Assets Growth Rate was 21.80% per year. During the past 10 years, the average Total Assets Growth Rate was 12.20% per year.

During the past 13 years, Nigerian Breweries's highest 3-Year average Total Assets Growth Rate was 36.90%. The lowest was 2.00%. And the median was 16.70%.

Total Assets is connected with ROA %. Nigerian Breweries's annualized ROA % for the quarter that ended in Mar. 2026 was 20.31%. Total Assets is also linked to Revenue through Asset Turnover. Nigerian Breweries's Asset Turnover for the quarter that ended in Mar. 2026 was 0.37.


Nigerian Breweries  (NSA:NB) Total Assets Explanation

Total Assets is connected with ROA %.

Nigerian Breweries's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=223781.984/( (1066117.729+1137211.247)/ 2 )
=223781.984/1101664.488
=20.31 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Nigerian Breweries's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=413015.586/( (1066117.729+1137211.247)/ 2 )
=413015.586/1101664.488
=0.37

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Nigerian Breweries Total Assets Related Terms


Nigerian Breweries Total Assets Historical Data

* Premium members only.

The historical data trend for Nigerian Breweries's Total Assets 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.

Nigerian Breweries Total Assets Chart

Nigerian Breweries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 485,522.23 619,888.68 795,873.11 1,138,275.65 1,066,117.73

Nigerian Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets 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 1,144,349.43 1,111,518.70 1,110,622.47 1,066,117.73 1,137,211.25
NSA:NB
64GF Score
Nigerian Breweries PLC NSA:NB
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nigerian Breweries Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Nigerian Breweries's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=560221.809+505895.92
=1,066,118

Nigerian Breweries's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=616379.553+520831.694
=1,137,211

* 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 Total Assets →
What does a Total Assets of ₦1,137,211 Mil mean?
Nigerian Breweries (NSA:NB) has a Total Assets of ₦1,137,211 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Nigerian Breweries and its competitors.
Is Nigerian Breweries' Total Assets too high?
Nigerian Breweries' current Total Assets is ₦1,137,211 Mil. Overall, Nigerian Breweries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nigerian Breweries' Total Assets compare to BUD and STZ?
Nigerian Breweries' Total Assets of ₦1,137,211 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Beverages - Alcoholic company?
A good Total Assets depends on the Beverages - Alcoholic industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Nigerian Breweries and its competitors. Nigerian Breweries's current Total Assets is ₦1,137,211 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nigerian Breweries stock overvalued right now?
Based on GuruFocus' analysis, Nigerian Breweries (NSA:NB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦30.66, compared to a current price of ₦72.50 — trading 136.5% above its estimated fair value. The current Total Assets is ₦1,137,211 Mil. Nigerian Breweries' overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Nigerian Breweries (NSA:NB), the current Total Assets is ₦1,137,211 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 Nigerian Breweries (NSA:NB) Overvalued in 2026?

Based on GuruFocus' analysis, Nigerian Breweries stock appears to be overvalued. The current stock price of ₦72.50 is trading 136.5% above its estimated GF Value™ of ₦30.66. GuruFocus considers Nigerian Breweries to be Significantly Overvalued.

Key valuation signals for NSA:NB:

  • Total Assets: ₦1,137,211 Mil
  • GF Value™: ₦30.66 vs. price of ₦72.50 (136.5% above fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the NSA:NB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nigerian Breweries Business Description

Address 1, Abebe Village Road, P. O. Box 545, Iganmu House, Iganmu, Lagos, NGA, 101241
Nigerian Breweries PLC is a Brewing firm. The company's principal activities are brewing, marketing, and selling lager, stout, non-alcoholic malt, and soft drinks. Geographically, it derives a majority of its revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa, and parts of the Middle East and Asia. The company's brands include Star, Goldberg, Turbo King, Ace Bitters, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.
64GF Score

Get the complete analysis for NSA:NB

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

₦72.50
Price
₦30.66
GF Value