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Ecobank Transnational (NSA:ETI) Market Cap : ₦639,408 Mil (As of Apr. 28, 2024)


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What is Ecobank Transnational Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ecobank Transnational's share price for the quarter that ended in Sep. 2023 was ₦16. Ecobank Transnational's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 24,593 Mil. Therefore, Ecobank Transnational's market cap for the quarter that ended in Sep. 2023 was ₦393,482 Mil.

Ecobank Transnational's quarterly market cap increased from Mar. 2023 (₦276,667 Mil) to Jun. 2023 (₦373,808 Mil) and increased from Jun. 2023 (₦373,808 Mil) to Sep. 2023 (₦393,482 Mil).

Ecobank Transnational's annual market cap increased from Dec. 2020 (₦147,554 Mil) to Dec. 2021 (₦205,346 Mil) and increased from Dec. 2021 (₦205,346 Mil) to Dec. 2022 (₦260,682 Mil).

Enterprise Value is 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 and cash equivalents. Ecobank Transnational's Enterprise Value for Today is ₦-2,780,587 Mil.


Ecobank Transnational Market Cap Historical Data

The historical data trend for Ecobank Transnational's Market Cap 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.

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Ecobank Transnational Market Cap Chart

Ecobank Transnational Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 344,296.40 159,851.90 147,553.80 205,345.71 260,681.56

Ecobank Transnational Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Market Cap 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 271,748.23 260,681.56 276,666.75 373,807.52 393,481.60

Competitive Comparison of Ecobank Transnational's Market Cap

For the Banks - Regional subindustry, Ecobank Transnational's Market Cap, along with its competitors' market caps and Market Cap 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 Transnational's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ecobank Transnational's Market Cap distribution charts can be found below:

* The bar in red indicates where Ecobank Transnational's Market Cap falls into.



Ecobank Transnational Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Ecobank Transnational's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=₦10.6*24592.6
=₦260,682

Ecobank Transnational's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=₦16*24592.6
=₦393,482

* 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 Transnational  (NSA:ETI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Ecobank Transnational Market Cap Related Terms

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Ecobank Transnational (NSA:ETI) Business Description

Traded in Other Exchanges
Address
2365, Boulevard du Mono, Lome, TGO, 3261
Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Bank, Commercial banking, and Consumer. The company's Geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.

Ecobank Transnational (NSA:ETI) Headlines

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