Ecobank Ghana Ltd’s share price is GHS38.32. Its GF Value is GHS10.08. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Ecobank Ghana Ltd stock is .
The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.
In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:
| Price: GHS38.32 | GF Value | Price/GF Value | ||
|---|---|---|---|---|
| Current | GHS10.08 | 3.80 | ||
| Next FY1 End | GHS10.88 | 3.52 | ||
| Next 12 Month | GHS12.14 | 3.16 | ||
| Next FY2 End | GHS13.05 | 2.94 |
GuruFocus performed a correlation analysis comparing Ecobank Ghana Ltd's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.
The analysis reveals the strongest correlation between Ecobank Ghana Ltd's stock price and Book Value per share, with a coefficient of 66%. Ecobank Ghana Ltd’s stock price shows no significant correlation with Revenue per share. Ecobank Ghana Ltd’s stock price shows no significant correlation with Earnings without NRI per share. Ecobank Ghana Ltd’s stock price shows no significant correlation with Operating Cash Flow per share.