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Zenith Bank PLC ZENITH

Morningstar Rating
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ZENITH is trading at a 313% premium.
Price
NGN 33.28
Fair Value
NGN 36.47
Uncertainty
Very High
1-Star Price
NGN 43.29
5-Star Price
NGN 46.77
Economic Moat
Fnt
Capital Allocation
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Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
1.81
Price/Sales
0.66
Dividend Yield (Trailing)
11.63%
Dividend Yield (Forward)
11.63%
Total Yield
12.01%

Company Profile

Zenith Bank PLC is a Nigeria- based company. Its core business is the provision of banking and other financial services to corporate and individual customers. The bank provides services such as granting of loans and advances, corporate finance and money market activities. It also provides banking and pension custodial services to a diverse group of corporations, financial institutions, investment funds, governments and individuals; provision of investment advisory, financial planning services and investment product offerings; providing brokerage services, financing services and securities lending services to institutional clients, including mutual funds, pension funds and to high-net-worth individuals. Revenue generated by bank consists of interest income, fees and commission received.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Core
Total Number of Employees
8,165

Comparables

Valuation

Metric
ZENITH
SBMH
UCAP
Price/Earnings (Normalized)
1.812.8715.20
Price/Book Value
0.471.20
Price/Sales
0.660.791.28
Price/Cash Flow
2.1112.77
Price/Earnings
ZENITH
SBMH
UCAP

Financial Strength

Metric
ZENITH
SBMH
UCAP
Quick Ratio
0.52
Current Ratio
0.52
Interest Coverage
1.19
Quick Ratio
ZENITH
SBMH
UCAP

Profitability

Metric
ZENITH
SBMH
UCAP
Return on Assets (Normalized)
4.27%1.19%0.94%
Return on Equity (Normalized)
38.76%14.47%12.31%
Return on Invested Capital (Normalized)
24.66%
Return on Assets
ZENITH
SBMH
UCAP
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Banks - Regional Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
BNP Paribas ADRTdjkxqpxsVysz$87.7 Bil
ISNPY
Intesa Sanpaolo ADRMwpbllnhKmbyd$73.6 Bil
USB
U.S. BancorpThpvwjkfnBbxw$65.0 Bil
PNC
PNC Financial Services Group IncWtsrychbJbhmhs$62.9 Bil
ITUB
Itau Unibanco Holding SA ADRQyvxsxwmDvzpd$59.2 Bil
TFC
Truist Financial CorpNmytlvkMzwpky$52.4 Bil
MFG
Mizuho Financial Group Inc ADRGktltjxThhpv$50.4 Bil
LYG
Lloyds Banking Group PLC ADRWjxvtqwXynjh$43.2 Bil
NWG
NatWest Group PLC ADRKysyXbq$35.9 Bil
DB
Deutsche Bank AGMxzlgXbwzl$34.1 Bil

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