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First HoldCo Valuation Multiples
Discover revenue and EBITDA valuation multiples for First HoldCo and similar public comparables like CR Crédit Agricole Brie Picardie, City Holding, OFG Bancorp, Banca Ifis and more.
First HoldCo Overview
About First HoldCo
First Holdco PLC is a financial holding company and one of the financial services organizations in Africa. It is a diversified and financial service group offering a broad types of products and services through its subsidiaries, across commercial banking, merchant banking, capital markets, trusteeship and insurance brokerage to millions of customers.
Founded
2010
HQ

Employees
9.9K
Website
Sectors
Financials (LTM)
EV
$3B
First HoldCo Financials
First HoldCo reported last 12-month revenue of $3B.
In the same LTM period, First HoldCo generated $448M in net income.
First HoldCo P&L
In the most recent fiscal year, First HoldCo reported revenue of $2B and net income of $443M.
First HoldCo expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $2B | XXX | XXX | XXX |
| EBIT Margin | 68% | XXX | 69% | XXX | XXX | XXX |
| Net Profit | $448M | XXX | $443M | XXX | XXX | XXX |
| Net Margin | 18% | XXX | 18% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
First HoldCo Stock Performance
First HoldCo has current market cap of $2B, and enterprise value of $3B.
First HoldCo's stock price is $0.04.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $2B | — | XXX | XXX | XXX | $0.01 |
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Start Free TrialFirst HoldCo Valuation Multiples
First HoldCo trades at 1.2x EV/Revenue multiple.
First HoldCo Financial Valuation Multiples
As of March 29, 2026, First HoldCo has market cap of $2B and EV of $3B.
Equity research analysts estimate First HoldCo's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
First HoldCo has a P/E ratio of 3.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 1.2x | XXX | 1.2x | XXX | XXX | XXX |
| EV/EBIT | 1.7x | XXX | 1.7x | XXX | XXX | XXX |
| P/E | 3.9x | XXX | 3.9x | XXX | XXX | XXX |
| EV/FCF | — | XXX | (19.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified First HoldCo Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


First HoldCo Margins & Growth Rates
First HoldCo's revenue in the last 12 month grew by 10%.
First HoldCo's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
First HoldCo Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 10% | XXX | 7% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | 34% | XXX | 34% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
First HoldCo Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| CR Crédit Agricole Brie Picardie | XXX | XXX | XXX | XXX | XXX | XXX |
| City Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| OFG Bancorp | XXX | XXX | XXX | XXX | XXX | XXX |
| Banca Ifis | XXX | XXX | XXX | XXX | XXX | XXX |
| Al Salam Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
First HoldCo M&A Activity
First HoldCo acquired XXX companies to date.
Last acquisition by First HoldCo was on XXXXXXXX, XXXXX. First HoldCo acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by First HoldCo
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialFirst HoldCo Investment Activity
First HoldCo invested in XXX companies to date.
First HoldCo made its latest investment on XXXXXXXX, XXXXX. First HoldCo invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by First HoldCo
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout First HoldCo
| When was First HoldCo founded? | First HoldCo was founded in 2010. |
| Where is First HoldCo headquartered? | First HoldCo is headquartered in Nigeria. |
| How many employees does First HoldCo have? | As of today, First HoldCo has over 9K employees. |
| Is First HoldCo publicly listed? | Yes, First HoldCo is a public company listed on Nigerian Exchange. |
| What is the stock symbol of First HoldCo? | First HoldCo trades under FIRSTHOLDCO ticker. |
| When did First HoldCo go public? | First HoldCo went public in 2012. |
| Who are competitors of First HoldCo? | First HoldCo main competitors are CR Crédit Agricole Brie Picardie, City Holding, OFG Bancorp, Banca Ifis. |
| What is the current market cap of First HoldCo? | First HoldCo's current market cap is $2B. |
| What is the current revenue of First HoldCo? | First HoldCo's last 12 months revenue is $3B. |
| What is the current revenue growth of First HoldCo? | First HoldCo revenue growth (NTM/LTM) is 10%. |
| What is the current EV/Revenue multiple of First HoldCo? | Current revenue multiple of First HoldCo is 1.2x. |
| Is First HoldCo profitable? | Yes, First HoldCo is net-income-positive (as of the last 12 months). |
| What is the current net income of First HoldCo? | First HoldCo's last 12 months net income is $448M. |
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