ETI
Investo's verdict, shared with you
No fair value published
The derivation ran and was refused by our own plausibility checks. We publish no number rather than a plausible-looking one.
Why · 2 checks
Our valuation methods disagree
The earnings-based and book-based readings of this company differ by more than 2.5×. That spread is real information, but averaging it would manufacture a number no method actually produced.
A per-share input was repaired or refused
One of the per-share figures behind this valuation did not agree with the audited totals it should reconcile to, so it was recomputed from those totals or rejected outright.
What we would need
- Earnings and book value drawn from the same set of accounts, so the two legs can be reconciled.
- A per-share figure in the source data that reconciles to the reported totals.
Show what the engine computed
Method spread · 3.24× between the highest and lowest valuation leg.
Methods disagree · The valuation legs disagree by 3.24x (Blended P/E band ₦59.59 vs Blended P/B band ₦149.72 vs Justified P/B ₦46.19). No point estimate is defensible until the inputs are reconciled.
Input repaired · vendor EPS ₦25.52 is 2.45x our filing-derived ₦10.43 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved
Input quality · vendor EPS ₦25.52 is 2.45x our filing-derived ₦10.43 — one of the two earnings bases is wrong; the P/E leg is unreliable until resolved
ETI trades at ₦88.95 against a P/B-anchored base fair value of ₦98.12 (10% upside), with the stock sitting at just 0.77x book on a BVPS of ₦115.49 — a meaningful discount to the sector median P/B of…
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.