Wema Bank PLC WEMA

Morningstar Rating

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

WEMA is trading at a 584% premium.
Price
NGN 7.99
Fair Value
NGN 46.90
Uncertainty
Extreme
1-Star Price
NGN 58.60
5-Star Price
NGN 2.24
Economic Moat
Hwj
Capital Allocation

Trading Information

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

Key Statistics

Price/Earnings (Normalized)
2.48
Price/Sales
0.76
Dividend Yield (Trailing)
6.25%
Dividend Yield (Forward)
6.25%
Total Yield
6.25%

Company Profile

Wema Bank PLC is a commercial bank. The company offers retail banking, SME banking, corporate banking, treasury, trade services and financial advisory to its customers. Its services include granting of loans and advances, corporate finance and money market activities. The bank operates in four geographical regions; South-west, South-South, Abuja and Lagos zones. Wema derives the majority of its revenues from Lagos.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
1,336

Comparables

Valuation

Metric
WEMA
FBNH
600015
Price/Earnings (Normalized)
2.484.57
Price/Book Value
0.970.410.41
Price/Sales
0.761.61
Price/Cash Flow
1.6813.00
Price/Earnings
WEMA
FBNH
600015

Financial Strength

Metric
WEMA
FBNH
600015
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
WEMA
FBNH
600015
Return on Assets (Normalized)
2.33%2.39%0.63%
Return on Equity (Normalized)
41.10%25.79%9.66%
Return on Invested Capital (Normalized)
Return on Assets
WEMA
FBNH
600015

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