Ecobank Ghana (XGHA:EGH) Enterprise Value: GHS-4,008 Mil (As of Jul. 06, 2026) ***


XGHA:EGH Ecobank Ghana Ltd XGHA:EGH
68 GF Score
Price GHS33.67
GF Value GHS9.97
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Ecobank Ghana Enterprise Value?

Ecobank Ghana XGHA:EGH 68 Enterprise Value is GHS-4,008 Mil as of Jul. 06, 2026. GuruFocus rates XGHA:EGH with a GF Score™ of 68/100 and a GF Value™ of GHS9.97 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ecobank Ghana's Enterprise Value is GHS-4,008 Mil. Ecobank Ghana's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was GHS5,072 Mil. Therefore, Ecobank Ghana's EV-to-Revenue ratio for today is -0.79.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Ecobank Ghana's Enterprise Value is GHS-4,008 Mil. Ecobank Ghana's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was GHS2,816 Mil. Therefore, Ecobank Ghana's EV-to-OCF ratio for today is -1.42.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Ecobank Ghana's Enterprise Value is GHS-4,008 Mil. Ecobank Ghana's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was GHS2,715 Mil. Therefore, Ecobank Ghana's EV-to-FCF ratio for today is -1.48.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Ecobank Ghana  (XGHA:EGH) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Ecobank Ghana's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-4008.271/5072.397
=-0.79

Ecobank Ghana's current Enterprise Value is GHS-4,008 Mil.
Ecobank Ghana's Revenue 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 GHS5,072 Mil.

2. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Ecobank Ghana's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-4008.271/2815.596
=-1.42

Ecobank Ghana's current Enterprise Value is GHS-4,008 Mil.
Ecobank Ghana'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 GHS2,816 Mil.

3. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Ecobank Ghana's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-4008.271/2715.496
=-1.48

Ecobank Ghana's current Enterprise Value is GHS-4,008 Mil.
Ecobank Ghana's Free Cash Flow 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 GHS2,715 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.


Ecobank Ghana Enterprise Value Related Terms


Ecobank Ghana Enterprise Value Historical Data

* Premium members only.

The historical data trend for Ecobank Ghana's Enterprise Value 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.

Ecobank Ghana Enterprise Value Chart

Ecobank Ghana Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -151.34 -4,180.81 -9,271.34 -18,141.90 -6,274.44

Ecobank Ghana Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 -17,947.96 -16,582.26 -15,360.97 -6,274.44 1,097.70

XGHA:EGH vs PNC: Enterprise Value Comparison

For the Banks - Regional subindustry, Ecobank Ghana's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Ecobank Ghana Enterprise Value vs Banks Industry

For the Banks industry and Financial Services sector, Ecobank Ghana's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Ecobank Ghana's Enterprise Value falls into.


XGHA:EGH
68GF Score
Ecobank Ghana Ltd XGHA:EGH
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecobank Ghana Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Ecobank Ghana's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Ecobank Ghana's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of GHS-4,008 Mil mean?
Ecobank Ghana (XGHA:EGH) has a Enterprise Value of GHS-4,008 Mil as of Jul. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ecobank Ghana and its competitors.
Is Ecobank Ghana's Enterprise Value too high?
Ecobank Ghana's current Enterprise Value is GHS-4,008 Mil. Overall, Ecobank Ghana has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecobank Ghana's Enterprise Value compare to PNC?
Ecobank Ghana's Enterprise Value of GHS-4,008 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Banks company?
A good Enterprise Value depends on the Banks industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ecobank Ghana and its competitors. Ecobank Ghana's current Enterprise Value is GHS-4,008 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecobank Ghana stock overvalued right now?
Based on GuruFocus' analysis, Ecobank Ghana (XGHA:EGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS9.97, compared to a current price of GHS33.67 — trading 237.7% above its estimated fair value. The current Enterprise Value is GHS-4,008 Mil. Ecobank Ghana's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Ecobank Ghana (XGHA:EGH), the current Enterprise Value is GHS-4,008 Mil as of Jul. 06, 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 Ecobank Ghana (XGHA:EGH) Overvalued in 2026?

Based on GuruFocus' analysis, Ecobank Ghana stock appears to be overvalued. The current stock price of GHS33.67 is trading 237.7% above its estimated GF Value™ of GHS9.97. GuruFocus considers Ecobank Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:EGH:

  • Enterprise Value: GHS-4,008 Mil
  • GF Value™: GHS9.97 vs. price of GHS33.67 (237.7% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Ecobank Ghana Business Description

Address 2 Morocco Lane, Off The Independence Avenue, Ministerial Area, Accra, GHA, 3261
Ecobank Ghana Ltd is a commercial banking corporation based in Ghana. Its service offering includes retail, corporate, and investment banking products. The bank functions through three operating segments namely Consumer banking focused on individuals who are grouped into a premier, advantage (personal banking), and classic & youth banking (direct banking); Commercial Banking focused on Business Banking and Medium Local Corporates such as SMEs, Medium Local corporates and Non-government public sector (schools, faith, NGOs & professional bodies); and Corporate banking specializes in serving the public sector, multinational institutions, financial institutions/international organizations and the Regional Corporate segment of the market.
68GF Score

Get the complete analysis for XGHA:EGH

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

GHS33.67
Price
GHS9.97
GF Value