EcoCash Holdings Zimbabwe Limited

ZMSE:EHZL Stock Report

Market Cap: Z$1.1b

EcoCash Holdings Zimbabwe Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

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

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


Key Valuation Metric

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

Key metric: As EHZL is an unprofitable bank we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for EHZL. This is calculated by dividing EHZL's market cap by their current book value.
What is EHZL's PB Ratio?
PB Ratio0.005x
BookZ$235.67b
Market CapZ$1.11b

Price to Book Ratio vs Peers

How does EHZL's PB Ratio compare to its peers?

The above table shows the PB ratio for EHZL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.3x
542376 SPA Capital Services
1.7xn/a₹291.3m
511756 Abirami Financial Services (India)
1.4xn/a₹282.8m
511692 Ajcon Global Services
1.2xn/a₹282.4m
531591 Bampsl Securities
0.9xn/a₹332.5m
EHZL EcoCash Holdings Zimbabwe
0.005xn/aZ$1.1b

Price-To-Book vs Peers: EHZL is good value based on its Price-To-Book Ratio (0x) compared to the peer average (1.3x).


Price to Book Ratio vs Industry

How does EHZL's PB Ratio compare vs other companies in the African Diversified Financial Industry?

1 CompanyPrice / BookEstimated GrowthMarket Cap
Industry Avg.0.9x11.5%
EHZL EcoCash Holdings Zimbabwe
0.005xn/aUS$3.45m
EHZL 0.0xIndustry Avg. 0.9xNo. of Companies7PB00.61.21.82.43+
1 CompanyEstimated GrowthMarket Cap
Industry Avg.0.9x11.5%
EHZL EcoCash Holdings Zimbabwe
0.005xn/aUS$3.45m
No more companies

Price-To-Book vs Industry: EHZL is good value based on its Price-To-Book Ratio (0x) compared to the African Diversified Financial industry average (0.9x).


Price to Book Ratio vs Fair Ratio

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

EHZL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.005x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate EHZL's Price-To-Book 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.


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