Banque Nationale Agricole (XTUN:BNA) Enterprise Value: TND2,071 Mil (As of Jul. 11, 2026) ***


XTUN:BNA Banque Nationale Agricole SA XTUN:BNA
76 GF Score
Price TND21.81
GF Value TND9.42
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Banque Nationale Agricole Enterprise Value?

Banque Nationale Agricole XTUN:BNA 76 Enterprise Value is TND2,071 Mil as of Jul. 11, 2026. GuruFocus rates XTUN:BNA with a GF Score™ of 76/100 and a GF Value™ of TND9.42 (Significantly Overvalued). The stock has 6 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, Banque Nationale Agricole's Enterprise Value is TND2,071 Mil. Banque Nationale Agricole's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was TND1,238 Mil. Therefore, Banque Nationale Agricole's EV-to-Revenue ratio for today is 1.67.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Banque Nationale Agricole's Enterprise Value is TND2,071 Mil. Banque Nationale Agricole's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was TND-285 Mil. Therefore, Banque Nationale Agricole's EV-to-OCF ratio for today is -7.26.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Banque Nationale Agricole's Enterprise Value is TND2,071 Mil. Banque Nationale Agricole's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was TND-307 Mil. Therefore, Banque Nationale Agricole's EV-to-FCF ratio for today is -6.74.

*** 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.


Banque Nationale Agricole  (XTUN:BNA) 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.

Banque Nationale Agricole's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2070.539/1238.011
=1.67

Banque Nationale Agricole's current Enterprise Value is TND2,071 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Banque Nationale Agricole's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was TND1,238 Mil.

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

Banque Nationale Agricole's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2070.539/-285.391
=-7.26

Banque Nationale Agricole's current Enterprise Value is TND2,071 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Banque Nationale Agricole's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was TND-285 Mil.

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

Banque Nationale Agricole's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2070.539/-307.099
=-6.74

Banque Nationale Agricole's current Enterprise Value is TND2,071 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Banque Nationale Agricole's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was TND-307 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.


Banque Nationale Agricole Enterprise Value Related Terms


Banque Nationale Agricole Enterprise Value Historical Data

* Premium members only.

The historical data trend for Banque Nationale Agricole'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.

Banque Nationale Agricole Enterprise Value Chart

Banque Nationale Agricole 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 1,067.85 1,267.87 1,223.77 1,008.40 1,451.09

Banque Nationale Agricole Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,067.85 1,267.87 1,223.77 1,008.40 1,451.09

XTUN:BNA vs PNC, USB: Enterprise Value Comparison

For the Banks - Regional subindustry, Banque Nationale Agricole'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.


Banque Nationale Agricole Enterprise Value vs Banks Industry

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

* The bar in red indicates where Banque Nationale Agricole's Enterprise Value falls into.


XTUN:BNA
76GF Score
Banque Nationale Agricole SA XTUN:BNA
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banque Nationale Agricole 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.

Banque Nationale Agricole's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Banque Nationale Agricole's Enterprise Value for the quarter that ended in Dec. 2025 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 TND2,071 Mil mean?
Banque Nationale Agricole (XTUN:BNA) has a Enterprise Value of TND2,071 Mil as of Jul. 11, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Banque Nationale Agricole and its competitors.
Is Banque Nationale Agricole's Enterprise Value too high?
Banque Nationale Agricole's current Enterprise Value is TND2,071 Mil. Overall, Banque Nationale Agricole has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banque Nationale Agricole's Enterprise Value compare to PNC and USB?
Banque Nationale Agricole's Enterprise Value of TND2,071 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 Banque Nationale Agricole and its competitors. Banque Nationale Agricole's current Enterprise Value is TND2,071 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banque Nationale Agricole stock overvalued right now?
Based on GuruFocus' analysis, Banque Nationale Agricole (XTUN:BNA) is currently considered Significantly Overvalued. The stock's GF Value™ is TND9.42, compared to a current price of TND21.81 — trading 131.5% above its estimated fair value. The current Enterprise Value is TND2,071 Mil. Banque Nationale Agricole's overall GF Score™ is 76/100 with 6 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 Banque Nationale Agricole (XTUN:BNA), the current Enterprise Value is TND2,071 Mil as of Jul. 11, 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 Banque Nationale Agricole (XTUN:BNA) Overvalued in 2026?

Based on GuruFocus' analysis, Banque Nationale Agricole stock appears to be overvalued. The current stock price of TND21.81 is trading 131.5% above its estimated GF Value™ of TND9.42. GuruFocus considers Banque Nationale Agricole to be Significantly Overvalued.

Key valuation signals for XTUN:BNA:

  • Enterprise Value: TND2,071 Mil
  • GF Value™: TND9.42 vs. price of TND21.81 (131.5% above fair value)
  • GF Score™: 76/100 with 6 warning signs

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


Banque Nationale Agricole Business Description

Address Avenue Mohamed V Bab Bhar, Tunis, TUN, 1002
Banque Nationale Agricole SA is engaged in providing banking services. The activities of the bank include accepting deposits, granting loans, credit financing, and other services.
76GF Score

Get the complete analysis for XTUN:BNA

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

TND21.81
Price
TND9.42
GF Value