International Breweries (NSA:IBP) Total Operating Expense: ₦139,122 Mil (TTM As of Mar. 2026)


NSA:IBP International Breweries PLC NSA:IBP
44 GF Score
Price ₦10.45
GF Value ₦2.30
Valuation Significantly Overvalued
! 2 Warning Signs
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What is International Breweries Total Operating Expense?

International Breweries NSA:IBP -8.33% 44 Total Operating Expense is ₦139,122 Mil as of Mar. 2026. GuruFocus rates NSA:IBP with a GF Score™ of 44/100 and a GF Value™ of ₦2.30 (Significantly Overvalued). The stock has 2 warning signs investors should review.

International Breweries's Total Operating Expense for the three months ended in Mar. 2026 was ₦35,437 Mil. International Breweries's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₦139,122 Mil.

International Breweries Total Operating Expense Related Terms

International Breweries Total Operating Expense Historical Data

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The historical data trend for International Breweries's Total Operating 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.

International Breweries Total Operating Expense Chart

International Breweries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only 54,143.75 80,771.04 88,031.17 221,974.41 131,174.08

International Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating 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 27,489.72 31,780.18 32,821.80 39,082.38 35,437.18
NSA:IBP
44GF Score
International Breweries PLC NSA:IBP
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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International Breweries Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating 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 ₦139,122 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 Total Operating Expense of ₦139,122 Mil mean?
International Breweries (NSA:IBP) has a Total Operating Expense of ₦139,122 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on International Breweries and its competitors.
Is International Breweries' Total Operating Expense too high?
International Breweries' current Total Operating Expense is ₦139,122 Mil. Overall, International Breweries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Breweries' Total Operating Expense compare to BUD and STZ?
International Breweries' Total Operating Expense of ₦139,122 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 Operating Expense for a Beverages - Alcoholic company?
A good Total Operating Expense depends on the Beverages - Alcoholic industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on International Breweries and its competitors. International Breweries's current Total Operating Expense is ₦139,122 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Breweries stock overvalued right now?
Based on GuruFocus' analysis, International Breweries (NSA:IBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.30, compared to a current price of ₦10.45 — trading 354.3% above its estimated fair value. The current Total Operating Expense is ₦139,122 Mil. International Breweries' overall GF Score™ is 44/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For International Breweries (NSA:IBP), the current Total Operating Expense is ₦139,122 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 International Breweries (NSA:IBP) Overvalued in 2026?

Based on GuruFocus' analysis, International Breweries stock appears to be overvalued. The current stock price of ₦10.45 is trading 354.3% above its estimated GF Value™ of ₦2.30. GuruFocus considers International Breweries to be Significantly Overvalued.

Key valuation signals for NSA:IBP:

  • Total Operating Expense: ₦139,122 Mil
  • GF Value™: ₦2.30 vs. price of ₦10.45 (354.3% above fair value)
  • GF Score™: 44/100 with 2 warning signs

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

International Breweries Business Description

Address Abuja Street, Plot 5A, Desiderata Building, Banana Island, Ikoyi, Lagos, NGA
International Breweries PLC engages in brewing, packaging, and marketing beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria. The company offers its products under the Trophy Lager, Trophy Black, Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt, Betamalt malt drink, and Voltic Water brands.
44GF Score

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

₦10.45
Price
₦2.30
GF Value