NMBZ Holding (LSE:NMB) GF Value Rank : 9 (As of Apr. 29, 2024)

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What is NMBZ Holding GF Value Rank?

NMBZ Holding has the GF Value Rank of 9.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of NMBZ Holding's GF Value Rank

For the Banks - Regional subindustry, NMBZ Holding's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

NMBZ Holding's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NMBZ Holding's GF Value Rank distribution charts can be found below:

* The bar in red indicates where NMBZ Holding's GF Value Rank falls into.

NMBZ Holding GF Value Rank Related Terms

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NMBZ Holding (LSE:NMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NMBZ Holding Ltd (LSE:NMB) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

NMB.ZW:Zimbabwe

Address

19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE

Website

https://www.nmbz.co.zw

NMBZ Holding Ltd is an investment holding company. Through its subsidiary, it operates in five segments: Retail Banking, Corporate Banking, Digital Banking, Treasury, International Banking, and others. Its Retail Banking segment includes individual customer's deposits and consumer overdrafts, credit card facilities, and funds transfer facilities. The Digital Banking segment handles the Bank's Digital Banking products, including Card and POS Services. Its Corporate Banking segment includes loans and other credit facilities and deposit and current accounts for corporate and institutional customers. The Treasury segment includes money market investment, securities trading, accepting and discounting of instruments, and foreign currency trading.

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