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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Wema Bank's Enterprise Value is ₦-587,793 Mil.
Wema Bank's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was ₦834,292 Mil. Therefore, Wema Bank's EV-to-OCF for today is -0.70.
The historical rank and industry rank for Wema Bank's EV-to-OCF or its related term are showing as below:
NSA:WEMA'
s EV-to-OCF Range Over the Past 10 Years
Min: -93.95 Med: -2.42 Max: 0.47
Current: -0.68
During the past 13 years, the highest EV-to-OCF of Wema Bank was 0.47. The lowest was -93.95. And the median was -2.42.
NSA:WEMA's EV-to-OCF is ranked better than 72.39% of 1496
companies
in the Banks industry
Industry Median: 3.885
vs NSA:WEMA: -0.68
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.
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.
Wema Bank's share price for today is ₦29.00.
Wema Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦6.795.
* 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.
Wema Bank EV-to-OCF Related Terms
Wema Bank EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Wema Bank'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.
For the Banks - Regional subindustry, Wema Bank'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.
Wema Bank EV-to-OCF vs Banks Industry
For the Banks industry and Financial Services sector, Wema Bank's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Wema Bank's EV-to-OCF falls into.
Wema Bank's current Enterprise Value is ₦-587,793 Mil.
Wema Bank's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦834,292 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.
Wema Bank (NSA:WEMA) has a EV-to-OCF of -0.70 as of Aug. 21, 2026. According to the industry distribution chart, Wema Bank ranks #413 out of 1496 companies in the Banks industry, placing it in the top 27.6%.
Is Wema Bank's EV-to-OCF too high?
Wema Bank's current EV-to-OCF is -0.70. Based on the distribution chart, Wema Bank ranks #413 out of 1496 companies in the Banks industry, which is above the industry midpoint. Overall, Wema Bank has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wema Bank's EV-to-OCF compare to competitors?
According to the Banks industry distribution chart, Wema Bank ranks #413 out of 1496 companies for EV-to-OCF. This puts Wema Bank in the upper half of its industry. The industry median EV-to-OCF is 3.89. 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 3.89, based on 1,496 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 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wema Bank's current EV-to-OCF is -0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wema Bank stock overvalued right now?
Based on GuruFocus' analysis, Wema Bank (NSA:WEMA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦13.32, compared to a current price of ₦29.00 — trading 117.7% above its estimated fair value. The current EV-to-OCF is -0.70. Wema Bank's overall GF Score™ is 64/100 with 2 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 Wema Bank (NSA:WEMA), the current EV-to-OCF is -0.70 as of Aug. 21, 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 Wema Bank (NSA:WEMA) Overvalued in 2026?
Based on GuruFocus' analysis, Wema Bank stock appears to be overvalued.
The current stock price of ₦29.00 is trading 117.7% above its estimated GF Value™ of ₦13.32.
GuruFocus considers Wema Bank to be Significantly Overvalued.
Key valuation signals for NSA:WEMA:
EV-to-OCF: -0.70
GF Value™: ₦13.32 vs. price of ₦29.00 (117.7% above fair value)
No single metric tells the full story. See the NSA:WEMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wema Bank PLC is a commercial bank. The company offers retail banking, SME banking, corporate banking, treasury, trade services and financial advisory to its customers. Its services include granting of loans and advances, corporate finance and money market activities. The bank operates in four geographical regions: South-west, South-South, Abuja, and Lagos zones. Wema derives the majority of its revenues from Lagos.
64GF Score
Get the complete analysis for NSA:WEMA
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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