Bank of Africa - Côte D'ivoire Valuation

Q: What is the Fair Price of BOAC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BOAC (F CFA5240) is trading above our estimate of [[fair value]] (F CFA2018.53)

Is BOAC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BOAC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BOAC (F CFA5240) is trading above our estimate of fair value (F CFA2018.53)

Significantly Below Fair Value: BOAC is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BOAC?

Key metric: As BOAC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BOAC. This is calculated by dividing BOAC's market cap by their current earnings.
What is BOAC's PE Ratio?
PE Ratio	7.7x
Earnings	XOF 27.15b
Market Cap	XOF 203.20b

BOAC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BOAC's PE Ratio compare to its peers?

The above table shows the PE ratio for BOAC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	6.5x
NSBC NSIA Banque Société Anonyme	5.2x	n/a	XOF 188.0b
BOAB Bank of Africa - Benin	8.1x	n/a	XOF 178.3b
BOAS Bank Of Africa Senegal	7.6x	n/a	XOF 133.2b
BOABF Bank of Africa - Burkina Faso	5.2x	n/a	XOF 132.0b
BOAC Bank of Africa - Côte D'ivoire	7.7x	n/a	XOF 203.2b

Price-To-Earnings vs Peers: BOAC is expensive based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (6.5x).

Price to Earnings Ratio vs Industry

How does BOAC's PE Ratio compare vs other companies in the African Banks Industry?

6 Companies	Price / Earnings	Estimated Growth	Market Cap

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BOAC is expensive based on its Price-To-Earnings Ratio (7.7x) compared to the African Banks industry average (5.2x).

Price to Earnings Ratio vs Fair Ratio

What is BOAC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BOAC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BOAC's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.