Nigerian Breweries Plc (NGX:NB)

Nigerian Breweries Statistics

Total Valuation

NGX:NB has a market cap or net worth of NGN 2.35 trillion. The enterprise value is 2.46 trillion.

Market Cap	2.35T
Enterprise Value	2.46T

Important Dates

The last earnings date was Monday, July 14, 2025.

Earnings Date	Jul 14, 2025
Ex-Dividend Date	n/a

Share Statistics

NGX:NB has 30.98 billion shares outstanding. The number of shares has increased by 95.36% in one year.

Current Share Class	30.98B
Shares Outstanding	30.98B
Shares Change (YoY)	+95.36%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.00%
Owned by Institutions (%)	0.06%
Float	25.16B

Valuation Ratios

The trailing PE ratio is 59.27 and the forward PE ratio is 14.62.

PE Ratio	59.27
Forward PE	14.62
PS Ratio	1.76
PB Ratio	4.29
P/TBV Ratio	5.23
P/FCF Ratio	76.30
P/OCF Ratio	13.51
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.99, with an EV/FCF ratio of 79.68.

EV / Earnings	86.05
EV / Sales	1.84
EV / EBITDA	9.99
EV / EBIT	13.46
EV / FCF	79.68

Financial Position

The company has a current ratio of 0.80, with a Debt / Equity ratio of 0.33.

Current Ratio	0.80
Quick Ratio	0.38
Debt / Equity	0.33
Debt / EBITDA	0.74
Debt / FCF	5.90
Interest Coverage	3.33

Financial Efficiency

Return on equity (ROE) is 10.88% and return on invested capital (ROIC) is 17.59%.

Return on Equity (ROE)	10.88%
Return on Assets (ROA)	11.09%
Return on Invested Capital (ROIC)	17.59%
Return on Capital Employed (ROCE)	30.98%
Revenue Per Employee	617.19M
Profits Per Employee	13.18M
Employee Count	2,169
Asset Turnover	1.30
Inventory Turnover	5.02

Taxes

In the past 12 months, NGX:NB has paid 36.93 billion in taxes.

Income Tax	36.93B
Effective Tax Rate	56.24%

Stock Price Statistics

The stock price has increased by +200.99% in the last 52 weeks. The beta is -0.07, so NGX:NB's price volatility has been lower than the market average.

Beta (5Y)	-0.07
52-Week Price Change	+200.99%
50-Day Moving Average	63.45
200-Day Moving Average	40.63
Relative Strength Index (RSI)	74.05
Average Volume (20 Days)	19,124,828

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NGX:NB had revenue of NGN 1.34 trillion and earned 28.58 billion in profits. Earnings per share was 1.28.

Revenue	1.34T
Gross Profit	471.23B
Operating Income	182.70B
Pretax Income	65.67B
Net Income	28.58B
EBITDA	244.41B
EBIT	182.70B
Earnings Per Share (EPS)	1.28

Balance Sheet

The company has 77.70 billion in cash and 182.03 billion in debt, giving a net cash position of -104.32 billion or -3.37 per share.

Cash & Cash Equivalents	77.70B
Total Debt	182.03B
Net Cash	-104.32B
Net Cash Per Share	-3.37
Equity (Book Value)	549.48B
Book Value Per Share	17.79
Working Capital	-106.38B

Cash Flow

In the last 12 months, operating cash flow was 174.26 billion and capital expenditures -143.40 billion, giving a free cash flow of 30.86 billion.

Operating Cash Flow	174.26B
Capital Expenditures	-143.40B
Free Cash Flow	30.86B
FCF Per Share	1.00

Margins

Gross margin is 35.20%, with operating and profit margins of 13.65% and 2.13%.

Gross Margin	35.20%
Operating Margin	13.65%
Pretax Margin	4.91%
Profit Margin	2.13%
EBITDA Margin	18.26%
EBIT Margin	13.65%
FCF Margin	2.31%

Dividends & Yields

NGX:NB does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	29.09%
Buyback Yield	-95.36%
Shareholder Yield	n/a
Earnings Yield	1.21%
FCF Yield	1.31%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on December 7, 2022. It was a forward split with a ratio of 1.25.

Last Split Date	Dec 7, 2022
Split Type	Forward
Split Ratio	1.25

Scores

Altman Z-Score	n/a
Piotroski F-Score	7