Zambia National Commercial Bank (LUS:ZNCO) EV-to-FCF: (As of Aug. 02, 2026)

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LUS:ZNCO Zambia National Commercial Bank PLC LUS:ZNCO
71 GF Score
Price ZMW9.54
GF Value ZMW6.10
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Zambia National Commercial Bank EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Zambia National Commercial Bank's Enterprise Value is ZMW5,298 Mil. Zambia National Commercial Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ZMW0 Mil. Therefore, Zambia National Commercial Bank's EV-to-FCF for today is .

The historical rank and industry rank for Zambia National Commercial Bank's EV-to-FCF or its related term are showing as below:

LUS:ZNCO' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.94
Current: 0.94

During the past 9 years, the highest EV-to-FCF of Zambia National Commercial Bank was 0.94. The lowest was 0.00. And the median was 0.00.

LUS:ZNCO's EV-to-FCF is ranked better than
78.08% of 1200 companies
in the Banks industry
Industry Median: 7.22 vs LUS:ZNCO: 0.94

EV-to-FCF 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 (2026-08-02), Zambia National Commercial Bank's stock price is ZMW9.54. Zambia National Commercial Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ZMW1.371. Therefore, Zambia National Commercial Bank's PE Ratio (TTM) for today is 6.96.


Zambia National Commercial Bank  (LUS:ZNCO) EV-to-FCF Explanation

EV-to-FCF 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.

Zambia National Commercial Bank's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.54/1.371
=6.96

Zambia National Commercial Bank's share price for today is ZMW9.54.
Zambia National Commercial Bank'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 ZMW1.371.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Zambia National Commercial Bank EV-to-FCF Related Terms


Zambia National Commercial Bank EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Zambia National Commercial Bank's EV-to-FCF 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.

Zambia National Commercial Bank EV-to-FCF Chart

Zambia National Commercial Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only 0.50 0.14 847.56 -0.34 -0.85

Zambia National Commercial Bank Quarterly Data
Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 0.00 0.00 0.00 -0.85 0.00

LUS:ZNCO vs PNC, USB: EV-to-FCF Comparison

For the Banks - Regional subindustry, Zambia National Commercial Bank's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Zambia National Commercial Bank EV-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, Zambia National Commercial Bank's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Zambia National Commercial Bank's EV-to-FCF falls into.


LUS:ZNCO
71GF Score
Zambia National Commercial Bank PLC LUS:ZNCO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zambia National Commercial Bank EV-to-FCF Calculation

Zambia National Commercial Bank's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5297.758/0
=

Zambia National Commercial Bank's current Enterprise Value is ZMW5,298 Mil.
Zambia National Commercial Bank'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 ZMW0 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.

Is Zambia National Commercial Bank (LUS:ZNCO) Overvalued in 2026?

Based on GuruFocus' analysis, Zambia National Commercial Bank stock appears to be overvalued. The current stock price of ZMW9.54 is trading 56.4% above its estimated GF Value™ of ZMW6.10. GuruFocus considers Zambia National Commercial Bank to be Significantly Overvalued.

Key valuation signals for LUS:ZNCO:

  • EV-to-FCF:
  • GF Value™: ZMW6.10 vs. price of ZMW9.54 (56.4% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Zambia National Commercial Bank Business Description

Address Cairo Road, Plot 2118 - 2121, P.O Box 33611, Lusaka, ZMB
Zambia National Commercial Bank PLC offers commercial banking services. Its principal activities include: the provision of retail, commercial Banking and related services to the general public, the provision of payment and technology solutions through the Digital Shared Services Limited (DSSL), and offering tailored insurance and risk advisory services. The company's segments include: Corporate Banking, Business Banking, Retail Banking, Digital Banking, and Treasury Management. The majority of revenue is derived from the Corporate banking segment, which provides corporate and investment banking solutions that incorporate direct debit facilities, deposit products, overdrafts, loans and other credit facilities and foreign currency solutions.
71GF Score

Get the complete analysis for LUS:ZNCO

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

ZMW9.54
Price
ZMW6.10
GF Value