Nestle Nigeria (TSX:NSTL) Total Operating Expense: C$225 Mil (TTM As of Mar. 2026)


TSX:NSTL Nestle Nigeria PLC TSX:NSTL
64 GF Score
Price C$25.32
GF Value C$14.63
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nestle Nigeria Total Operating Expense?

Nestle Nigeria TSX:NSTL -1.44% 64 Total Operating Expense is C$225 Mil as of Mar. 2026. GuruFocus rates TSX:NSTL with a GF Score™ of 64/100 and a GF Value™ of C$14.63 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Nestle Nigeria's Total Operating Expense for the three months ended in Mar. 2026 was C$58 Mil. Nestle Nigeria's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$225 Mil.

Nestle Nigeria Total Operating Expense Related Terms

Nestle Nigeria Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Nestle Nigeria'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.

Nestle Nigeria Total Operating Expense Chart

Nestle Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.71 69.60 94.41 137.86 213.55

Nestle Nigeria 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 46.12 49.89 52.31 65.05 57.51
TSX:NSTL
64GF Score
Nestle Nigeria PLC TSX:NSTL
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nestle Nigeria 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 C$225 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 C$225 Mil mean?
Nestle Nigeria (TSX:NSTL) has a Total Operating Expense of C$225 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Nestle Nigeria and its competitors.
Is Nestle Nigeria's Total Operating Expense too high?
Nestle Nigeria's current Total Operating Expense is C$225 Mil. Overall, Nestle Nigeria has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's Total Operating Expense compare to KHC and GIS?
Nestle Nigeria's Total Operating Expense of C$225 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 Total Operating Expense for a Consumer Packaged Goods company?
A good Total Operating Expense depends on the Consumer Packaged Goods 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 Nestle Nigeria and its competitors. Nestle Nigeria's current Total Operating Expense is C$225 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 (TSX:NSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.63, compared to a current price of C$25.32 — trading 73.1% above its estimated fair value. The current Total Operating Expense is C$225 Mil. Nestle Nigeria's overall GF Score™ is 64/100 with 8 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 Nestle Nigeria (TSX:NSTL), the current Total Operating Expense is C$225 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 (TSX:NSTL) Overvalued in 2026?

Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued. The current stock price of C$25.32 is trading 73.1% above its estimated GF Value™ of C$14.63. GuruFocus considers Nestle Nigeria to be Significantly Overvalued.

Key valuation signals for TSX:NSTL:

  • Total Operating Expense: C$225 Mil
  • GF Value™: C$14.63 vs. price of C$25.32 (73.1% above fair value)
  • GF Score™: 64/100 with 8 warning signs

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

Nestle Nigeria Business Description

Other Exchanges NESTLE:Nigeria
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.
64GF Score

Get the complete analysis for TSX:NSTL

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

C$25.32
Price
C$14.63
GF Value