FCMB Group (NSA:FCMB) EV-to-OCF: -0.08 (As of Jul. 24, 2026)

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NSA:FCMB FCMB Group PLC NSA:FCMB
53 GF Score
Price ₦11.90
GF Value ₦7.16
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is FCMB Group EV-to-OCF?

FCMB Group NSA:FCMB -2.86% 53 EV-to-OCF is -0.08 as of Jul. 24, 2026. GuruFocus rates NSA:FCMB with a GF Score™ of 53/100 and a GF Value™ of ₦7.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,495 Banks companies, FCMB Group ranks better than 69.63% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, FCMB Group's Enterprise Value is ₦-126,673 Mil. FCMB Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₦1,646,457 Mil. Therefore, FCMB Group's EV-to-OCF for today is -0.08.

The historical rank and industry rank for FCMB Group's EV-to-OCF or its related term are showing as below:

NSA:FCMB' s EV-to-OCF Range Over the Past 10 Years
Min: -16.3   Med: 0.37   Max: 3.87
Current: -0.12

During the past 13 years, the highest EV-to-OCF of FCMB Group was 3.87. The lowest was -16.30. And the median was 0.37.

NSA:FCMB's EV-to-OCF is ranked better than
69.63% of 1495 companies
in the Banks industry
Industry Median: 3.73 vs NSA:FCMB: -0.12

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-24), FCMB Group's stock price is ₦11.90. FCMB Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₦11.050. Therefore, FCMB Group's PE Ratio (TTM) for today is 1.08.


FCMB Group  (NSA:FCMB) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

FCMB Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.90/11.050
=1.08

FCMB Group's share price for today is ₦11.90.
FCMB Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦11.050.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


FCMB Group EV-to-OCF Related Terms


FCMB Group EV-to-OCF Historical Data

* Premium members only.

The historical data trend for FCMB Group's EV-to-OCF 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.

FCMB Group EV-to-OCF Chart

FCMB Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 3.20 -0.19 0.59 -0.04

FCMB Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF 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 -0.13 -0.28 -0.34 -0.04 -0.08

FCMB Group EV-to-OCF Competitor Comparison

For the Banks - Regional subindustry, FCMB Group's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


FCMB Group EV-to-OCF vs Banks Industry

For the Banks industry and Financial Services sector, FCMB Group's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where FCMB Group's EV-to-OCF falls into.


NSA:FCMB
53GF Score
FCMB Group PLC NSA:FCMB
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FCMB Group EV-to-OCF Calculation

FCMB Group's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-126673.043/1646457.073
=-0.08

FCMB Group's current Enterprise Value is ₦-126,673 Mil.
FCMB Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦1,646,457 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of -0.08 mean?
FCMB Group (NSA:FCMB) has a EV-to-OCF of -0.08 as of Jul. 24, 2026. According to the industry distribution chart, FCMB Group ranks #454 out of 1495 companies in the Banks industry, placing it in the top 30.4%.
Is FCMB Group's EV-to-OCF too high?
FCMB Group's current EV-to-OCF is -0.08. Based on the distribution chart, FCMB Group ranks #454 out of 1495 companies in the Banks industry, which is above the industry midpoint. Overall, FCMB Group has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FCMB Group's EV-to-OCF compare to competitors?
According to the Banks industry distribution chart, FCMB Group ranks #454 out of 1495 companies for EV-to-OCF. This puts FCMB Group in the upper half of its industry. The industry median EV-to-OCF is 3.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Banks company?
The median EV-to-OCF among Banks companies is 3.73, based on 1,495 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median EV-to-OCF is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FCMB Group's current EV-to-OCF is -0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FCMB Group stock overvalued right now?
Based on GuruFocus' analysis, FCMB Group (NSA:FCMB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦7.16, compared to a current price of ₦11.90 — trading 66.2% above its estimated fair value. The current EV-to-OCF is -0.08. FCMB Group's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For FCMB Group (NSA:FCMB), the current EV-to-OCF is -0.08 as of Jul. 24, 2026. 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 FCMB Group (NSA:FCMB) Overvalued in 2026?

Based on GuruFocus' analysis, FCMB Group stock appears to be overvalued. The current stock price of ₦11.90 is trading 66.2% above its estimated GF Value™ of ₦7.16. GuruFocus considers FCMB Group to be Significantly Overvalued.

Key valuation signals for NSA:FCMB:

  • EV-to-OCF: -0.08
  • GF Value™: ₦7.16 vs. price of ₦11.90 (66.2% above fair value)
  • GF Score™: 53/100 with 5 warning signs

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


FCMB Group Business Description

Address 44 Marina, 5th Floor, First City Plaza, Lagos, NGA
FCMB Group PLC provides banking services. Its segments include Investment Banking, Investment Management, SME Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, and Treasury and Financial Markets. The majority of the revenue is derived from Corporate Banking which incorporates direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency and derivative products. The corporate banking business unit caters for the specific needs of companies and financial institutions. It operates in two geographic regions, being: Nigeria and Europe (UK).
53GF Score

Get the complete analysis for NSA:FCMB

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

₦11.90
Price
₦7.16
GF Value