Fidelity Bank Plc

NGSE:FIDELITYBK Stock Report

Market Cap: ₦385.4b

Fidelity Bank Valuation

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

Below Fair Value: Insufficient data to calculate FIDELITYBK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate FIDELITYBK's fair value for valuation analysis.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

FIDELITYBK 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/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FIDELITYBK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average2.4x
ACCESSCORP Access Holdings
1x3.5%₦662.8b
UBA United Bank for Africa
1.2x5.2%₦810.5b
UBN Union Bank of Nigeria
5.5xn/a₦194.6b
FBNH FBN Holdings
2.2xn/a₦1.0t
FIDELITYBK Fidelity Bank
3.3x12.9%₦385.4b

Price-To-Earnings vs Peers: FIDELITYBK is expensive based on its Price-To-Earnings Ratio (3.3x) compared to the peer average (2.4x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0.2%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0.2%
 n/an/an/a
No more companies

Price-To-Earnings vs Industry: FIDELITYBK is good value based on its Price-To-Earnings Ratio (3.3x) compared to the African Banks industry average (4.7x).

Price to Earnings Ratio vs Fair Ratio

What is FIDELITYBK'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.

FIDELITYBK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.3x
Fair PE Ratio1.5x

Price-To-Earnings vs Fair Ratio: FIDELITYBK is expensive based on its Price-To-Earnings Ratio (3.3x) compared to the estimated Fair Price-To-Earnings Ratio (1.5x).

Analyst Price Targets

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

The above table shows the analyst FIDELITYBK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₦10.95
₦11.73
+7.1%
2.3%₦12.00₦11.46n/a2
Sep ’25₦10.55
₦11.73
+11.2%
2.3%₦12.00₦11.46n/a2
Aug ’25₦10.70
₦11.73
+9.6%
2.3%₦12.00₦11.46n/a2
Jul ’25₦10.00
₦11.73
+17.3%
2.3%₦12.00₦11.46n/a2
Aug ’24₦7.75
₦7.28
-6.1%
17.6%₦8.56₦6.00₦10.702
Jul ’24₦7.00
₦7.28
+4.0%
17.6%₦8.56₦6.00₦10.002
Jun ’24₦5.72
₦7.28
+27.3%
17.6%₦8.56₦6.00₦10.202
May ’24₦5.67
₦6.42
+13.1%
6.5%₦6.83₦6.00₦9.002
Apr ’24₦5.35
₦6.42
+19.9%
6.5%₦6.83₦6.00₦10.002
Mar ’24₦5.15
₦5.98
+16.1%
11.8%₦6.83₦5.10₦10.003
Feb ’24₦5.80
₦5.98
+3.0%
11.8%₦6.83₦5.10₦11.703
Jan ’24₦4.35
₦5.23
+20.3%
22.6%₦6.83₦4.00₦10.853
Dec ’23₦4.15
₦4.89
+17.8%
24.2%₦6.83₦3.86₦9.004
Nov ’23₦4.21
₦4.37
+3.8%
10.2%₦4.87₦3.86₦8.254
Oct ’23₦3.68
₦4.37
+18.8%
10.2%₦4.87₦3.86₦8.304
Sep ’23₦3.33
₦4.37
+31.2%
10.2%₦4.87₦3.86₦7.754

Analyst Forecast: Target price is less than 20% higher than the current share price.

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