NBS Bank Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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 NBS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NBS (MWK152) is trading above our estimate of fair value (MWK22.01)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NBS. This is calculated by dividing NBS's market cap by their current earnings.
What is NBS's PE Ratio?
PE Ratio	8.9x
Earnings	MK 49.87b
Market Cap	MK 442.41b

NBS 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 NBS's PE Ratio compare to its peers?

The above table shows the PE ratio for NBS 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	20.1x
FDHB FDH Bank	28.8x	n/a	MK 1.0t
FMBCH FMBcapital Holdings	10.9x	n/a	MK 983.3b
STANDARD Standard Bank	20.7x	n/a	MK 1.4t
NBM National Bank of Malawi	20.2x	n/a	MK 1.6t
NBS NBS Bank	8.9x	n/a	MK 442.4b

Price-To-Earnings vs Peers: NBS is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (20.1x).

Price to Earnings Ratio vs Industry

How does NBS'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: NBS is expensive based on its Price-To-Earnings Ratio (8.9x) compared to the African Banks industry average (5.2x).

Price to Earnings Ratio vs Fair Ratio

What is NBS'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.

NBS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NBS'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.