Ecobank GhanaXGHA:EGH 66 Net Margin % is 38.85% as of Mar. 2026, which is 36% above its 10-year median of 28.52. GuruFocus rates XGHA:EGH with a GF Score™ of 66/100 and a GF Value™ of GHS9.92 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,527 Banks companies, Ecobank Ghana ranks better than 81.4% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Ecobank Ghana's Net Income for the
three
months ended in Mar. 2026 was GHS439 Mil. Ecobank Ghana's Revenue for the
three
months ended in Mar. 2026 was GHS1,131 Mil. Therefore, Ecobank Ghana's net margin for the quarter that ended in Mar. 2026 was 38.85%.
The historical rank and industry rank for Ecobank Ghana's Net Margin % or its related term are showing as below:
XGHA:EGH'
s Net Margin % Range Over the Past 10 Years
Min: -1.2 Med: 28.52 Max: 38.09
Current: 38.09
XGHA:EGH's Net Margin % is ranked better than 81.4% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs XGHA:EGH: 38.09
Ecobank Ghana (XGHA:EGH) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Ecobank Ghana Net Margin % Related Terms
Ecobank Ghana Net Margin % Historical Data
* Premium members only.
The historical data trend for Ecobank Ghana's Net Margin % 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, Ecobank Ghana's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Ecobank Ghana's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ecobank Ghana's Net Margin % falls into.
* 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 (XGHA:EGH) has a Net Margin % of 38.85% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ecobank Ghana and its competitors. This is 36% above median its historical median of 28.52. According to the industry distribution chart, Ecobank Ghana ranks #284 out of 1527 companies in the Banks industry, placing it in the top 18.6%.
Is Ecobank Ghana's Net Margin % too high?
Ecobank Ghana's current Net Margin % of 38.85% is 36% above median its 10-year median of 28.52. The Banks industry median Net Margin % is 26.95. Ecobank Ghana's value of 38.85% is 44.2% above this industry median. Based on the distribution chart, Ecobank Ghana ranks #284 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Ecobank Ghana has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecobank Ghana's Net Margin % compare to PNC?
According to the Banks industry distribution chart, Ecobank Ghana ranks #284 out of 1527 companies for Net Margin %. This places Ecobank Ghana in the top 19% of its industry — outperforming the majority of peers. The industry median Net Margin % is 26.95. Ecobank Ghana's value of 38.85% is 44.2% above this benchmark. While the company's 10-year median is 28.52 vs. the industry median of 26.95, Ecobank Ghana has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ecobank Ghana's current Net Margin % of 38.85% is 44.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Ecobank Ghana and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecobank Ghana's current Net Margin % is 38.85%, which is 36% above median its own 10-year median of 28.52. 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 GHS9.92, compared to a current price of GHS33.67 — trading 239.4% above its estimated fair value. The current Net Margin % is 38.85%, which is 36% above median its 10-year median of 28.52 and 44.2% above the Banks industry median of 26.95. Ecobank Ghana's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Ecobank Ghana (XGHA:EGH), the current Net Margin % is 38.85% as of Mar. 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 239.4% above its estimated GF Value™ of GHS9.92.
GuruFocus considers Ecobank Ghana to be Significantly Overvalued.
Key valuation signals for XGHA:EGH:
Net Margin %: 38.85% (36% above median its 10-year median of 28.52)
GF Value™: GHS9.92 vs. price of GHS33.67 (239.4% above fair value)
Industry Position: 44.2% above the Banks median (#284 of 1527)
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 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.
66GF Score
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