Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Republic Bank (Ghana)XGHA:RBGH 24 WACC % is 12.59% as of Aug. 28, 2026, which is 49% below its 10-year median of 24.64. GuruFocus rates XGHA:RBGH with a GF Score™ of 24/100 and a GF Value™ of GHS1.08 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,538 Banks companies, Republic Bank (Ghana) ranks better than 52.8% on this metric.
As of today (2026-08-28), Republic Bank (Ghana)'s weighted average cost of capital is 12.59%%. Republic Bank (Ghana)'s ROIC % is 0.00% (calculated using TTM income statement data).
Republic Bank (Ghana) earns returns that do not match up to its cost of capital. It will destroy value as it grows.
*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
For a comprehensive WACC calculation, please access the WACC Calculator.
Republic Bank (Ghana) (XGHA:RBGH) WACC % Explanation
Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Republic Bank (Ghana)'s weighted average cost of capital is 12.59%%. Republic Bank (Ghana)'s ROIC % is 0.00% (calculated using TTM income statement data).
Republic Bank (Ghana) earns returns that do not match up to its cost of capital. It will destroy value as it grows.
*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year semi-annual average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year semi-annual average debt to get the simplified cost of debt.
* 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, Republic Bank (Ghana)'s WACC %, along with its competitors' market caps and WACC % 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.
Republic Bank (Ghana) WACC % vs Banks Industry
For the Banks industry and Financial Services sector, Republic Bank (Ghana)'s WACC % distribution charts can be found below:
* The bar in red indicates where Republic Bank (Ghana)'s WACC % falls into.
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Republic Bank (Ghana)'s market capitalization (E) is GHS3578.259 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year semi-annual average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Jun. 2026, Republic Bank (Ghana)'s latest one-year semi-annual average Book Value of Debt (D) is GHS1973.403 Mil.
a) weight of equity = E / (E + D) = 3578.259 / (3578.259 + 1973.403) = 0.6445
b) weight of debt = D / (E + D) = 1973.403 / (3578.259 + 1973.403) = 0.3555
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 4.73%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Republic Bank (Ghana)'s beta cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 4.73% + 1 * 6% = 10.73%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year semi-annual average debt to get the simplified cost of debt.
As of Jun. 2026, Republic Bank (Ghana)'s interest expense (positive number) was GHS467.365 Mil. Its total Book Value of Debt (D) is GHS1973.403 Mil.
Cost of Debt = 467.365 / 1973.403 = 23.6832%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 128.7 / 395.124 = 32.57%.
Republic Bank (Ghana)'s Weighted Average Cost Of Capital (WACC) for Today is calculated as:
WACC
=
E / (E + D)
*
Cost of Equity
+
D / (E + D)
*
Cost of Debt
*
(1 - Tax Rate)
=
0.6445
*
10.73%
+
0.3555
*
23.6832%
*
(1 - 32.57%)
=
12.59%
* 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.
Republic Bank (Ghana) (XGHA:RBGH) has a WACC % of 12.59% as of Aug. 28, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Republic Bank (Ghana) and its competitors. This is 49% below median its historical median of 24.64. Over the past decade, Republic Bank (Ghana)'s WACC % has ranged from 5.93 to 52.46. According to the industry distribution chart, Republic Bank (Ghana) ranks #726 out of 1538 companies in the Banks industry, placing it in the top 47.2%.
Is Republic Bank (Ghana)'s WACC % too high?
Republic Bank (Ghana)'s current WACC % of 12.59% is 49% below median its 10-year median of 24.64. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 52.46. The Banks industry median WACC % is 13.01. Republic Bank (Ghana)'s value of 12.59% is 3.2% below this industry median. Based on the distribution chart, Republic Bank (Ghana) ranks #726 out of 1538 companies in the Banks industry, which is above the industry midpoint. Overall, Republic Bank (Ghana) has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Republic Bank (Ghana)'s WACC % compare to PNC?
According to the Banks industry distribution chart, Republic Bank (Ghana) ranks #726 out of 1538 companies for WACC %. This puts Republic Bank (Ghana) in the upper half of its industry. The industry median WACC % is 13.01. Republic Bank (Ghana)'s value of 12.59% is 3.2% below this benchmark. Historically, Republic Bank (Ghana)'s own WACC % has ranged from 5.93 to 52.46 over the past decade. While the company's 10-year median is 24.64 vs. the industry median of 13.01, Republic Bank (Ghana) has consistently been below 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 WACC % for a Banks company?
The median WACC % among Banks companies is 13.01, based on 1,538 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Republic Bank (Ghana)'s current WACC % of 12.59% is 3.2% below 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 WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Republic Bank (Ghana) and its competitors. For the Banks industry, the median WACC % is 13.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Republic Bank (Ghana)'s current WACC % is 12.59%, which is 49% below median its own 10-year median of 24.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Bank (Ghana) stock overvalued right now?
Based on GuruFocus' analysis, Republic Bank (Ghana) (XGHA:RBGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.08, compared to a current price of GHS4.20 — trading 288.9% above its estimated fair value. The current WACC % is 12.59%, which is 49% below median its 10-year median of 24.64 and 3.2% below the Banks industry median of 13.01. Republic Bank (Ghana)'s overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For Republic Bank (Ghana) (XGHA:RBGH), the current WACC % is 12.59% as of Aug. 28, 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 Republic Bank (Ghana) (XGHA:RBGH) Overvalued in 2026?
Based on GuruFocus' analysis, Republic Bank (Ghana) stock appears to be overvalued.
The current stock price of GHS4.20 is trading 288.9% above its estimated GF Value™ of GHS1.08.
GuruFocus considers Republic Bank (Ghana) to be Significantly Overvalued.
Key valuation signals for XGHA:RBGH:
WACC %: 12.59% (49% below median its 10-year median of 24.64)
GF Value™: GHS1.08 vs. price of GHS4.20 (288.9% above fair value)
Industry Position: 3.2% below the Banks median (#726 of 1538)
No single metric tells the full story. See the XGHA:RBGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Republic Bank (Ghana) PLC is engaged in investment banking, corporate banking, retail banking, mortgage banking, asset management services, and property management and development. The Group operates through four reporting segments: retail banking, which incorporates private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit, and consumer loans; mortgage banking, which incorporates mortgage services; corporate banking, which generates maximum revenue and incorporates direct debit facilities, current accounts, deposits, overdrafts, loans, and foreign currency; and microfinance banking, which incorporates savings accounts, deposits, loans, and other credit facilities.
24GF Score
Get the complete analysis for XGHA:RBGH
WACC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XGHA:RBGH has been successfully added to your 
