Northern Nigeria Flour Mills Plc (NGX:NNFM)

NGX:NNFM Ratios and Metrics

Market cap in millions NGN. Fiscal year is April - March.

Total Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 24, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	14,149	14,149	15,637	8,607	2,129	1,604
Market Cap Growth	-23.29%	-9.52%	81.68%	304.18%	32.78%	45.16%
Enterprise Value	27,636	12,457	14,599	5,100	1,635	1,207
Last Close Price	79.40	79.40	87.52	47.54	11.43	8.33

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 24, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	552.61	552.61	8.96	5.64	7.81	19.88
Forward PE	-	8.76	8.76	8.76	8.76	8.76
PS Ratio	0.66	0.66	0.44	0.33	0.13	0.11
PB Ratio	1.17	1.17	1.61	1.07	0.32	0.56
P/TBV Ratio	1.17	1.17	1.61	1.07	0.32	0.56
P/FCF Ratio	20.31	20.31	-	5.88	2.05	0.91
P/OCF Ratio	20.27	20.27	-	5.18	1.74	0.71

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 24, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	1.28	0.58	0.41	0.20	0.10	0.08
EV/EBITDA Ratio	44.84	20.21	4.62	1.94	2.40	2.22
EV/EBIT Ratio	83.82	37.78	5.06	2.20	4.24	3.88
EV/FCF Ratio	39.66	17.88	-	3.48	1.57	0.69

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 24, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Debt / Equity Ratio	1.24	1.24	-	0.01	0.03	0.14
Debt / EBITDA Ratio	24.38	24.38	-	0.02	0.31	0.72
Debt / FCF Ratio	21.56	21.56	-	0.03	0.21	0.22
Net Debt / Equity Ratio	1.11	1.11	-0.09	-0.36	-0.23	-0.20
Net Debt / EBITDA Ratio	21.88	21.88	-0.28	-1.12	-2.27	-1.05
Net Debt / FCF Ratio	19.36	19.36	0.45	-2.01	-1.49	-0.32
Asset Turnover	0.59	0.59	1.46	1.45	1.04	1.47
Inventory Turnover	1.00	1.00	2.27	3.23	1.90	2.48
Quick Ratio	0.37	0.37	0.09	0.46	0.24	0.12
Current Ratio	1.13	1.13	1.18	1.19	1.01	0.97
Return on Equity (ROE)	0.24%	0.24%	19.64%	20.82%	5.78%	2.86%
Return on Assets (ROA)	0.56%	0.56%	7.45%	8.11%	1.55%	1.88%
Return on Invested Capital (ROIC)	0.45%	0.43%	25.03%	30.21%	6.23%	4.15%
Return on Capital Employed (ROCE)	2.10%	2.10%	27.00%	25.30%	5.10%	8.80%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 24, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	0.18%	0.18%	11.16%	17.73%	12.81%	5.03%
FCF Yield	4.92%	4.92%	-12.57%	17.01%	48.90%	109.57%
Dividend Yield	0.31%	-	0.86%	-	3.06%	3.00%
Payout Ratio	154.44%	154.44%	4.14%	3.04%	14.58%	33.14%
Total Shareholder Return	0.31%	-	0.86%	-	3.06%	3.00%

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 27, 2026

Data Sources Report a data error