Unilever Nigeria (NSA:LEVBROS) Asset Turnover: 0.33 (As of Dec. 2025)


NSA:LEVBROS Unilever Nigeria PLC NSA:LEVBROS
75 GF Score
Price ₦140.00
GF Value ₦52.39
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Unilever Nigeria Asset Turnover?

Unilever Nigeria NSA:LEVBROS 75 Asset Turnover is 0.33 as of Dec. 2025. GuruFocus rates NSA:LEVBROS with a GF Score™ of 75/100 and a GF Value™ of ₦52.39 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Unilever Nigeria's Revenue for the three months ended in Dec. 2025 was ₦58,892 Mil. Unilever Nigeria's Total Assets for the quarter that ended in Dec. 2025 was ₦176,100 Mil. Therefore, Unilever Nigeria's Asset Turnover for the quarter that ended in Dec. 2025 was 0.33.

Asset Turnover is linked to ROE % through Du Pont Formula. Unilever Nigeria's annualized ROE % for the quarter that ended in Dec. 2025 was 39.97%. It is also linked to ROA % through Du Pont Formula. Unilever Nigeria's annualized ROA % for the quarter that ended in Dec. 2025 was 23.21%.


Unilever Nigeria  (NSA:LEVBROS) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Unilever Nigeria's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=40870.1/102244.9115
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(40870.1 / 235568.256)*(235568.256 / 176100.047)*(176100.047/ 102244.9115)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.35 %*1.3377*1.7223
=ROA %*Equity Multiplier
=23.21 %*1.7223
=39.97 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Unilever Nigeria's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=40870.1/176100.047
=(Net Income / Revenue)*(Revenue / Total Assets)
=(40870.1 / 235568.256)*(235568.256 / 176100.047)
=Net Margin %*Asset Turnover
=17.35 %*1.3377
=23.21 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Unilever Nigeria Asset Turnover Related Terms


Unilever Nigeria Asset Turnover Historical Data

* Premium members only.

The historical data trend for Unilever Nigeria's Asset Turnover 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.

Unilever Nigeria Asset Turnover Chart

Unilever Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.59 0.86 1.16 1.33

Unilever Nigeria Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Asset Turnover 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 0.33 0.32 0.32 0.35 0.33

NSA:LEVBROS vs PG, CL, KVUE: Asset Turnover Comparison

For the Household & Personal Products subindustry, Unilever Nigeria's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


Unilever Nigeria Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unilever Nigeria's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Unilever Nigeria's Asset Turnover falls into.


NSA:LEVBROS
75GF Score
Unilever Nigeria PLC NSA:LEVBROS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Unilever Nigeria Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Unilever Nigeria's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=214302.154/( (141646.696+180179.325)/ 2 )
=214302.154/160913.0105
=1.33

Unilever Nigeria's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=58892.064/( (172020.769+180179.325)/ 2 )
=58892.064/176100.047
=0.33

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.33 mean?
Unilever Nigeria (NSA:LEVBROS) has a Asset Turnover of 0.33 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Unilever Nigeria and its competitors.
Is Unilever Nigeria's Asset Turnover too high?
Unilever Nigeria's current Asset Turnover is 0.33. Overall, Unilever Nigeria has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unilever Nigeria's Asset Turnover compare to PG and CL?
Unilever Nigeria's Asset Turnover of 0.33 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 Asset Turnover for a Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Unilever Nigeria and its competitors. Unilever Nigeria's current Asset Turnover is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilever Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Unilever Nigeria (NSA:LEVBROS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦52.39, compared to a current price of ₦140.00 — trading 167.2% above its estimated fair value. The current Asset Turnover is 0.33. Unilever Nigeria's overall GF Score™ is 75/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Unilever Nigeria (NSA:LEVBROS), the current Asset Turnover is 0.33 as of Dec. 2025. 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 Unilever Nigeria (NSA:LEVBROS) Overvalued in 2026?

Based on GuruFocus' analysis, Unilever Nigeria stock appears to be overvalued. The current stock price of ₦140.00 is trading 167.2% above its estimated GF Value™ of ₦52.39. GuruFocus considers Unilever Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:LEVBROS:

  • Asset Turnover: 0.33
  • GF Value™: ₦52.39 vs. price of ₦140.00 (167.2% above fair value)
  • GF Score™: 75/100 with 1 warning sign

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


Unilever Nigeria Business Description

Address 1 Billings Way, P.O. Box 1063, Oregun, Ikeja, Lagos, NGA
Unilever Nigeria PLC is principally involved in the manufacture and marketing of Nutrition, Beauty & Wellbeing, and Personal Care products. It has manufacturing sites in Oregun, Lagos State, and Agbara, Ogun State. The company's operating segments are: Foods, Personal Care, and Beauty & Wellbeing. Maximum revenue is generated from the Foods segment, which includes the sale of savoury products. The Personal Care segment includes the sale of oral care and deodorant products, and the Beauty & Wellbeing segment includes sales of skin care products. Geographically, the company generates maximum revenue from its business in Nigeria, and to a lesser extent, also exports its products to other countries.
75GF Score

Get the complete analysis for NSA:LEVBROS

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

₦140.00
Price
₦52.39
GF Value