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First HoldCo PlcNGSE:FIRSTHOLDCO Stock Report

Market Cap ₦1.4t
Share Price
₦32.40
My Fair Value
WA
WaneInvestmentHouse
₦33
1.0% undervalued intrinsic discount
1Y50.0%
7D-7.2%
Portfolio Value
View

First HoldCo Plc

NGSE:FIRSTHOLDCO Stock Report

Market Cap: ₦1.4t

First HoldCo (FIRSTHOLDCO) Stock Overview

Provides commercial banking, investment banking, corporate banking, and other financial services in Nigeria and internationally. More details

FIRSTHOLDCO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends4/6

FIRSTHOLDCO Community Fair Values

Create Narrative

See what 34 others think this stock is worth. Follow their fair value or set your own to get alerts.

First HoldCo Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for First HoldCo
Historical stock prices
Current Share Price₦32.40
52 Week High₦37.50
52 Week Low₦20.00
Beta0.88
1 Month Change15.71%
3 Month Change26.81%
1 Year Change50.00%
3 Year Change200.00%
5 Year Change541.58%
Change since IPO6,804.90%

Recent News & Updates

Recent updates

Shareholder Returns

FIRSTHOLDCONG BanksNG Market
7D-7.2%0.3%6.4%
1Y50.0%93.2%54.4%

Return vs Industry: FIRSTHOLDCO underperformed the NG Banks industry which returned 94.9% over the past year.

Return vs Market: FIRSTHOLDCO underperformed the NG Market which returned 53.3% over the past year.

Price Volatility

Is FIRSTHOLDCO's price volatile compared to industry and market?
FIRSTHOLDCO volatility
FIRSTHOLDCO Average Weekly Movement8.5%
Banks Industry Average Movement6.4%
Market Average Movement8.1%
10% most volatile stocks in NG Market11.4%
10% least volatile stocks in NG Market5.0%

Stable Share Price: FIRSTHOLDCO has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: FIRSTHOLDCO's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18949,950Wale Oyedejifirst-holdco.com

First HoldCo Plc, together with its subsidiaries, provides commercial banking, investment banking, corporate banking, and other financial services in Nigeria and internationally. The company operates through Commercial Banking Business Group; Investment Banking and Asset Management Business Group (IBAM); and Others segments. The Commercial Banking Business Group segment offers financial intermediation services to individual, and corporate clients/customers.

First HoldCo Plc Fundamentals Summary

How do First HoldCo's earnings and revenue compare to its market cap?
FIRSTHOLDCO fundamental statistics
Market cap₦1.36t
Earnings (TTM)₦579.90b
Revenue (TTM)₦1.78t
2.3x
P/E Ratio
0.5x
P/B Ratio

Is FIRSTHOLDCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FIRSTHOLDCO income statement (TTM)
Revenue₦1.78t
Cost of Revenue₦144.51b
Gross Profit₦1.64t
Other Expenses₦1.06t
Earnings₦579.90b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)13.85
Gross Margin91.89%
Net Profit Margin32.56%
Debt/Equity Ratio64.4%

How did FIRSTHOLDCO perform over the long term?

See historical performance and comparison

Dividends

1.9%
Current Dividend Yield
3%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/06 12:21
End of Day Share Price 2025/08/06 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First HoldCo Plc is covered by 14 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Yori OlutimayinBGL Research