company background image
ECOC

Ecobank Côte d'IvoireBRVM:ECOC Stock Report

Market Cap

XOF236.7b

7D

-2.1%

1Y

41.4%

Updated

21 Oct, 2021

Data

Company Financials
ECOC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends0/6

ECOC Overview

Ecobank Côte d'Ivoire provides commercial, private, and wholesale banking services.

Price History & Performance

Summary of all time highs, changes and price drops for Ecobank Côte d'Ivoire
Historical stock prices
Current Share PriceXOF4,300.00
52 Week HighXOF0
52 Week LowXOF0
Beta0.30
1 Month Change2.38%
3 Month Change20.11%
1 Year Change41.45%
3 Year Change7.58%
5 Year Changen/a
Change since IPO0%

Recent News & Updates

Shareholder Returns

ECOCCI BanksCI Market
7D-2.1%-0.8%0.3%
1Y41.4%40.2%53.2%

Return vs Industry: ECOC matched the CI Banks industry which returned 40.6% over the past year.

Return vs Market: ECOC underperformed the CI Market which returned 53.2% over the past year.

Price Volatility

Is ECOC's price volatile compared to industry and market?
ECOC volatility
ECOC Beta0.30
Industry Beta0.44
Market Beta1

Stable Share Price: ECOC is less volatile than 75% of CI stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ECOC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989n/aPaul-Harry Aithnardhttps://www.ecobank.com/ci/personal-banking

Ecobank Côte d'Ivoire provides commercial, private, and wholesale banking services. The bank was founded in 1989 and is based in Abidjan, Ivory Coast. Ecobank Côte d'Ivoire operates as a subsidiary of Ecobank Transnational Incorporated.

Ecobank Côte d'Ivoire Fundamentals Summary

How do Ecobank Côte d'Ivoire's earnings and revenue compare to its market cap?
ECOC fundamental statistics
Market CapXOF236.72b
Earnings (TTM)XOF30.24b
Revenue (TTM)XOF73.03b

7.8x

P/E Ratio

0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ECOC income statement (TTM)
RevenueXOF73.03b
Cost of RevenueXOF0
Gross ProfitXOF73.03b
ExpensesXOF42.80b
EarningsXOF30.24b

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)549.22
Gross Margin100.00%
Net Profit Margin41.40%
Debt/Equity Ratio0.0%

How did ECOC perform over the long term?

See historical performance and comparison

Valuation

Is Ecobank Côte d'Ivoire undervalued compared to its fair value and its price relative to the market?

7.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ECOC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ECOC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ECOC is poor value based on its PE Ratio (7.8x) compared to the CI Banks industry average (7.1x).

PE vs Market: ECOC is good value based on its PE Ratio (7.8x) compared to the CI market (8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ECOC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate ECOC's PB Ratio to determine if it is good value.


Future Growth

How is Ecobank Côte d'Ivoire forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.4%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ecobank Côte d'Ivoire has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Ecobank Côte d'Ivoire performed over the past 5 years?

14.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: ECOC has high quality earnings.

Growing Profit Margin: ECOC's current net profit margins (41.4%) are higher than last year (37.1%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ECOC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare ECOC's past year earnings growth to its 5-year average.

Earnings vs Industry: ECOC earnings growth over the past year (14.2%) underperformed the Banks industry 14.2%.


Return on Equity

High ROE: Insufficient data to calculate ECOC's Return on Equity to determine if it is high.


Financial Health

How is Ecobank Côte d'Ivoire's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: Insufficient data to determine if ECOC's has appropriate level of Assets to Equity ratio.

Allowance for Bad Loans: Insufficient data to determine if ECOC has a sufficient allowance for bad loans.

Low Risk Liabilities: ECOC reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.

Loan Level: Insufficient data to determine if ECOC has an appropriate level of Loans to Assets ratio.

Low Risk Deposits: ECOC reports no customer deposits, loans are made up entirely of externally borrowed funds.

Level of Bad Loans: Insufficient data to determine if ECOC has an appropriate level of bad loans.


Dividend

What is Ecobank Côte d'Ivoire current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ECOC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ECOC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ECOC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ECOC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ECOC is not paying a notable dividend for the CI market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ECOC's dividend in 3 years as they are not forecast to pay a notable one for the CI market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Paul-Harry Aithnard

no data

Tenure

Mr. Paul-Harry Aithnard serves as Representative Director of ETI for Ecobank Burkina SA. He serves as Representative Director of Ecobank Mali SA. since March 07, 2019.He has been Non Executive Director of...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ecobank Côte d'Ivoire's employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Ecobank Côte d'Ivoire
  • Immeuble Alliance
  • Avenue Terrasson de Fougères
  • Abidjan
  • 1
  • Ivory Coast

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 21:00
End of Day Share Price2021/10/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.