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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). First Holdco's share price for the quarter that ended in Mar. 2026 was ₦50. First Holdco's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 44,454 Mil. Therefore, First Holdco's market cap for the quarter that ended in Mar. 2026 was ₦2,222,685 Mil.
First Holdco's quarterly market cap
increased
from Sep. 2025 (₦1,319,152 Mil) to Dec. 2025 (₦2,129,332 Mil) and
increased
from Dec. 2025 (₦2,129,332 Mil) to Mar. 2026 (₦2,222,685 Mil).
First Holdco's annual market cap
increased
from Dec. 2023 (₦845,334 Mil) to Dec. 2024 (₦1,012,426 Mil) and
increased
from Dec. 2024 (₦1,012,426 Mil) to Dec. 2025 (₦2,129,332 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. First Holdco's Enterprise Value for Today is ₦-3,047,476 Mil.
First Holdco (NSA:FIRSTHOLDCO) 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 companys 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.
First Holdco Market Cap Related Terms
First Holdco Market Cap Historical Data
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The historical data trend for First Holdco'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.
For the Banks - Regional subindustry, First Holdco'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.
First Holdco Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, First Holdco's Market Cap distribution charts can be found below:
* The bar in red indicates where First Holdco's Market Cap falls into.
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.
First Holdco's Market Cap for the fiscal year 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.
First Holdco (NSA:FIRSTHOLDCO) has a Market Cap of ₦2,916,162 Mil as of Jul. 14, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Holdco and its competitors. According to the industry distribution chart, First Holdco ranks #491 out of 1547 companies in the Banks industry, placing it in the top 31.7%.
Is First Holdco's Market Cap too high?
First Holdco's current Market Cap is ₦2,916,162 Mil. Based on the distribution chart, First Holdco ranks #491 out of 1547 companies in the Banks industry, which is above the industry midpoint. Overall, First Holdco has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Holdco's Market Cap compare to competitors?
According to the Banks industry distribution chart, First Holdco ranks #491 out of 1547 companies for Market Cap. This puts First Holdco in the upper half of its industry. The industry median Market Cap is 705.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 705.75, based on 1,547 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Holdco and its competitors. For the Banks industry, the median Market Cap is 705.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Holdco's current Market Cap is ₦2,916,162 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Holdco stock overvalued right now?
Based on GuruFocus' analysis, First Holdco (NSA:FIRSTHOLDCO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦36.61, compared to a current price of ₦65.60 — trading 79.2% above its estimated fair value. The current Market Cap is ₦2,916,162 Mil. First Holdco's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For First Holdco (NSA:FIRSTHOLDCO), the current Market Cap is ₦2,916,162 Mil as of Jul. 14, 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 First Holdco (NSA:FIRSTHOLDCO) Overvalued in 2026?
Based on GuruFocus' analysis, First Holdco stock appears to be overvalued.
The current stock price of ₦65.60 is trading 79.2% above its estimated GF Value™ of ₦36.61.
GuruFocus considers First Holdco to be Significantly Overvalued.
Key valuation signals for NSA:FIRSTHOLDCO:
Market Cap: ₦2,916,162 Mil
GF Value™: ₦36.61 vs. price of ₦65.60 (79.2% above fair value)
No single metric tells the full story. See the NSA:FIRSTHOLDCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Holdco PLC is a Nigerian financial services Group. The principal activities of the company are mainly the provision of Commercial Banking, Investment Banking, Asset Management, Trusteeship, Securities Brokerage and Insurance Brokerage. Its reportable segments are 1. Commercial Banking Business Group: It provides both individual and corporate clients/ customers with financial intermediation services, 2 Investment Banking and Asset Management Business Group: It provides advisory, asset management, markets and private equity services to a large institutional (corporations and governments) clientele, as well as merchant banking services., and 3. Others. The majority of revenue is derived from the Commercial Banking Business Group. Geographically, key revenue is derived from Nigeria.
63GF Score
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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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