Reported Earnings • Aug 04
Second quarter 2026 earnings released: EPS: ج.م2.76 (vs ج.م3.29 in 2Q 2025) Second quarter 2026 results: EPS: ج.م2.76. Revenue: ج.م7.19b (up 29% from 2Q 2025). Net income: ج.م3.88b (up 22% from 2Q 2025). Profit margin: 54% (down from 57% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Egypt. Buy Or Sell Opportunity • Jul 28
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to ج.م51.49. The fair value is estimated to be ج.م42.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Price Target Changed • Jul 21
Price target increased by 12% to ج.م61.88 Up from ج.م55.18, the current price target is an average from 5 analysts. New target price is 25% above last closing price of ج.م49.40. Stock is up 109% over the past year. The company is forecast to post earnings per share of ج.م9.83 for next year compared to ج.م11.25 last year. Major Estimate Revision • Jul 01
Consensus revenue estimates increase by 13%, EPS downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from ج.م25.3b to ج.م28.7b. EPS estimate fell from ج.م9.96 to ج.م9.83. Net income forecast to grow 14% next year vs 24% growth forecast for Banks industry in Egypt. Consensus price target broadly unchanged at ج.م56.08. Share price rose 2.5% to ج.م46.64 over the past week. New Risk • Jun 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • May 24
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to ج.م48.42. The fair value is estimated to be ج.م39.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Price Target Changed • May 20
Price target increased by 13% to ج.م50.08 Up from ج.م44.30, the current price target is an average from 5 analysts. New target price is 8.9% above last closing price of ج.م46.00. Stock is up 123% over the past year. The company is forecast to post earnings per share of ج.م11.30 for next year compared to ج.م11.25 last year. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Ahmed Darwish was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 09
Abu Dhabi Islamic Bank - Egypt - S.A.E, Annual General Meeting, Mar 12, 2026 Abu Dhabi Islamic Bank - Egypt - S.A.E, Annual General Meeting, Mar 12, 2026, at 14:00 Egypt Standard Time. Location: cairo Egypt Price Target Changed • May 14
Price target increased by 12% to ج.م72.23 Up from ج.م64.39, the current price target is an average from 6 analysts. New target price is 79% above last closing price of ج.م40.26. Stock is up 27% over the past year. The company is forecast to post earnings per share of ج.م21.00 for next year compared to ج.م14.02 last year. Board Change • May 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Director Rania Al-Mashat was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 18
Abu Dhabi Islamic Bank - Egypt - S.A.E, Annual General Meeting, Mar 20, 2025 Abu Dhabi Islamic Bank - Egypt - S.A.E, Annual General Meeting, Mar 20, 2025, at 14:00 Egypt Standard Time. Location: cairo Egypt Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: ج.م7.15 (vs ج.م1.97 in 3Q 2023) Third quarter 2024 results: EPS: ج.م7.15 (up from ج.م1.97 in 3Q 2023). Revenue: ج.م3.88b (up 63% from 3Q 2023). Net income: ج.م2.23b (up 61% from 3Q 2023). Profit margin: 57% (in line with 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Egypt. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Sep 01
Now 21% undervalued Over the last 90 days, the stock has risen 34% to ج.م42.50. The fair value is estimated to be ج.م53.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Major Estimate Revision • Aug 21
Consensus EPS estimates increase by 21% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ج.م13.25 to ج.م16.00. Revenue forecast unchanged at ج.م14.4b. Net income forecast to grow 21% next year vs 19% growth forecast for Banks industry in Egypt. Consensus price target of ج.م54.15 unchanged from last update. Share price rose 4.1% to ج.م41.00 over the past week. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ج.م43.59, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 3x in the Banks industry in Egypt. Total returns to shareholders of 450% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م62.18 per share. Buy Or Sell Opportunity • Jun 13
Now 22% overvalued Over the last 90 days, the stock has fallen 21% to ج.م38.84. The fair value is estimated to be ج.م31.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 9.0% per annum over the same time period. Price Target Changed • May 15
Price target increased by 12% to ج.م63.04 Up from ج.م56.20, the current price target is an average from 5 analysts. New target price is 66% above last closing price of ج.م38.00. Stock is up 67% over the past year. The company is forecast to post earnings per share of ج.م13.19 for next year compared to ج.م8.67 last year. Reported Earnings • May 13
First quarter 2024 earnings released: EPS: ج.م3.71 (vs ج.م2.12 in 1Q 2023) First quarter 2024 results: EPS: ج.م3.71 (up from ج.م2.12 in 1Q 2023). Revenue: ج.م3.70b (up 69% from 1Q 2023). Net income: ج.م2.12b (up 110% from 1Q 2023). Profit margin: 57% (up from 46% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Banks industry in Egypt. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ج.م35.52, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 3x in the Banks industry in Egypt. Total returns to shareholders of 314% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م51.96 per share. Buy Or Sell Opportunity • Apr 18
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ج.م40.57. The fair value is estimated to be ج.م52.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Ankündigung • Apr 03
Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer Abu Dhabi Islamic Bank (ADIB) has announced that it has appointed a chief group risk officer. The firm has announced the appointment of Talha Karim to the position. In the position, Karim is to try and strengthen the bank's risk management capabilities. He has more than 25 years of experience. Prior to ADIB, Karim was with Bank of Montreal (BMO.TO) in Canada. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ج.م39.50, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Banks industry in Egypt. Total returns to shareholders of 354% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م48.05 per share. Buy Or Sell Opportunity • Mar 12
Now 21% undervalued Over the last 90 days, the stock has risen 46% to ج.م53.00. The fair value is estimated to be ج.م67.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ج.م55.99, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Banks industry in Egypt. Total returns to shareholders of 482% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م67.08 per share. Ankündigung • Mar 04
ADIB Egypt Withdraws MTO for 100% Stake in Cairo National for Investment Abu Dhabi Islamic Bank - Egypt - S.A.E (CASE:ADIB) has withdrawn the mandatory tender offer (MTO) submitted on December 14th, 2023m to acquire up to 100% stake in El Kahera El Watania Investment (CASE:KWIN) (Cairo National for Investment and Securities), as per a filing on March 3rd. It is worth mentioning that the bank owns 89.99% of the company, including direct and indirect ownership. Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: ج.م8.67 (vs ج.م7.45 in FY 2022) Full year 2023 results: EPS: ج.م8.67 (up from ج.م7.45 in FY 2022). Revenue: ج.م9.19b (up 76% from FY 2022). Net income: ج.م4.67b (up 112% from FY 2022). Profit margin: 51% (up from 42% in FY 2022). The increase in margin was driven by higher revenue. Non-performing loans: 1.38% (down from 1.90% in FY 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Banks industry in Egypt. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Dec 19
ADIB Egypt to Submit MTO for 100% Stake in Cairo National for Investment Abu Dhabi Islamic Bank - Egypt - S.A.E (ADIB Egypt) has approved submitting a mandatory tender offer (MTO) to acquire up to 100% stake in Cairo National for Investment and Securities (El Kahera El Watania Investment) at an initial price of EGP 10.5 per share, according to a filing on December 18th, 2023. It is worth mentioning that the bank owns 89.99% of the company, including direct and indirect ownership. Cairo National invests in the start-up business and provides securities exchange-related services. Its main purpose is to promote and underwrite securities, participate in the establishment of companies that issue securities, and portfolio management. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ج.م41.45, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Banks industry in Egypt. Total returns to shareholders of 327% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م41.15 per share. Major Estimate Revision • Nov 13
Consensus EPS estimates increase by 10% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ج.م8.55 to ج.م9.42. Revenue forecast unchanged at ج.م10.1b. Net income forecast to grow 86% next year vs 24% growth forecast for Banks industry in Egypt. Consensus price target of ج.م33.96 unchanged from last update. Share price was steady at ج.م34.80 over the past week. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ج.م33.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Banks industry in Egypt. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م45.11 per share. Major Estimate Revision • Sep 19
Consensus EPS estimates increase by 13%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ج.م10.3b to ج.م10.1b. EPS estimate rose from ج.م7.60 to ج.م8.55. Net income forecast to grow 77% next year vs 23% growth forecast for Banks industry in Egypt. Consensus price target up from ج.م26.79 to ج.م30.63. Share price was steady at ج.م24.02 over the past week. Price Target Changed • Sep 14
Price target increased by 9.8% to ج.م28.93 Up from ج.م26.36, the current price target is an average from 7 analysts. New target price is 21% above last closing price of ج.م24.00. Stock is up 73% over the past year. The company is forecast to post earnings per share of ج.م5.10 for next year compared to ج.م6.17 last year. Major Estimate Revision • Aug 24
Consensus revenue estimates increase by 32% The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ج.م7.77b to ج.م10.3b. EPS estimate unchanged from ج.م7.60 at last update. Banks industry in Egypt expected to see average net income growth of 25% next year. Consensus price target up from ج.م26.36 to ج.م27.01. Share price fell 3.2% to ج.م24.19 over the past week. Buying Opportunity • Aug 21
Now 20% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be ج.م30.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 42%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Reported Earnings • Aug 14
Second quarter 2023 earnings released: EPS: ج.م2.21 (vs ج.م2.43 in 2Q 2022) Second quarter 2023 results: EPS: ج.م2.21. Revenue: ج.م2.14b (up 80% from 2Q 2022). Net income: ج.م1.16b (up 99% from 2Q 2022). Profit margin: 54% (up from 49% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Banks industry in Egypt. Buying Opportunity • Aug 01
Now 21% undervalued Over the last 90 days, the stock is up 9.0%. The fair value is estimated to be ج.م30.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings is also forecast to grow by 18% per annum over the same time period. New Risk • Jun 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ج.م25.90, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 3x in the Banks industry in Egypt. Total returns to shareholders of 243% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م24.91 per share. Price Target Changed • May 25
Price target increased by 7.4% to ج.م25.42 Up from ج.م23.67, the current price target is an average from 8 analysts. New target price is 14% above last closing price of ج.م22.23. Stock is up 87% over the past year. The company is forecast to post earnings per share of ج.م7.60 for next year compared to ج.م7.44 last year. Reported Earnings • May 18
First quarter 2023 earnings released: EPS: ج.م2.12 (vs ج.م1.87 in 1Q 2022) First quarter 2023 results: EPS: ج.م2.12 (up from ج.م1.87 in 1Q 2022). Revenue: ج.م2.17b (up 77% from 1Q 2022). Net income: ج.م1.01b (up 125% from 1Q 2022). Profit margin: 47% (up from 36% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Banks industry in Egypt. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • May 17
Now 21% undervalued Over the last 90 days, the stock is up 5.7%. The fair value is estimated to be ج.م28.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 17% per annum over the same time period. Price Target Changed • Apr 27
Price target increased by 7.3% to ج.م25.39 Up from ج.م23.67, the current price target is an average from 7 analysts. New target price is 17% above last closing price of ج.م21.70. Stock is up 72% over the past year. The company is forecast to post earnings per share of ج.م5.30 for next year compared to ج.م7.44 last year. Price Target Changed • Mar 16
Price target increased by 7.3% to ج.م25.39 Up from ج.م23.67, the current price target is an average from 7 analysts. New target price is 49% above last closing price of ج.م17.03. Stock is up 25% over the past year. The company is forecast to post earnings per share of ج.م5.10 for next year compared to ج.م6.17 last year. Price Target Changed • Jan 19
Price target increased to ج.م23.57 Up from ج.م21.32, the current price target is an average from 6 analysts. New target price is 22% above last closing price of ج.م19.28. Stock is up 27% over the past year. The company is forecast to post earnings per share of ج.م5.10 for next year compared to ج.م6.17 last year. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 23% share price gain to ج.م21.24, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Banks industry in Egypt. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م34.04 per share. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Mohamed Ismail Abdul El-Dahan was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Sep 08
Price target increased to ج.م21.91 Up from ج.م20.32, the current price target is an average from 6 analysts. New target price is 57% above last closing price of ج.م13.98. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of ج.م4.70 for next year compared to ج.م6.17 last year. Ankündigung • Sep 06
Abu Dhabi Islamic Bank - Egypt S.A.E. announced that it expects to receive EGP 1 billion in funding Abu Dhabi Islamic Bank - Egypt S.A.E. announced a private placement of over 100,000,000 shares at an issue price of EGP 10 per share for proceeds of EGP 1,000,000,000 on September 4, 2022. The transaction has been approved by the Financial Regulatory Authority. Post completion, the registered capital of the company will increase from EGP 400,000,000 to EGP 5,000,000,000. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Mohamed Ismail Abdul El-Dahan was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 31
Abu Dhabi Islamic Bank - Egypt S.A.E. announced that it expects to receive EGP 2 billion in funding Abu Dhabi Islamic Bank - Egypt S.A.E. announced a private placement of over 200,000,000 shares at an issue price of EGP 10 per share for proceeds of EGP 2,000,000,000 on January 30, 2022. The transaction has been approved by the board of directors of the company. Price Target Changed • Dec 23
Price target increased to ج.م19.92 Up from ج.م17.97, the current price target is an average from 6 analysts. New target price is 25% above last closing price of ج.م15.94. Stock is up 36% over the past year. The company is forecast to post earnings per share of ج.م5.37 for next year compared to ج.م5.11 last year. Price Target Changed • Nov 22
Price target increased to ج.م17.70 Up from ج.م15.39, the current price target is an average from 3 analysts. New target price is 29% above last closing price of ج.م13.67. Stock is up 18% over the past year. The company posted earnings per share of ج.م5.11 last year. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improved over the past week After last week's 17% share price gain to ج.م16.24, the stock trades at a trailing P/E ratio of 2.4x. Average forward P/E is 4x in the Banks industry in Egypt. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ج.م13.78, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 4x in the Banks industry in Egypt. Total loss to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 22% share price gain to ج.م14.46, the stock trades at a trailing P/E ratio of 2.6x. Average forward P/E is 4x in the Banks industry in Egypt. Total loss to shareholders of 15% over the past three years. Ankündigung • Jun 22
Compass Capital made a mandatory tender offer to acquire Alexandria National Company For Financial Investment SAE (CASE:ANFI) from El Kahera El Watania Investment (CASE:KWIN), Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 29.8 million. Compass Capital made a mandatory tender offer to acquire Alexandria National Company For Financial Investment SAE (CASE:ANFI) from El Kahera El Watania Investment (CASE:KWIN), Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 29.8 million on June 20, 2021. In a related transaction, Alexandria National has received offers from Zeta Investment, Wise Financial Advisors, Tycoon Holding, Kayan Sustainable Development and Zaldi Capital. The transaction is subject to approval from Egyptian Financial Regulatory Authority (FRA). Ankündigung • Jun 10
Tycoon Holding made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 26.1 million. Tycoon Holding made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 26.1 million on June 8, 2021. Tycoon Holding will acquire shares at EGP 5.5 per share. ADIB Egypt owns a direct stake of 9.04% in the company and a total direct and indirect stake of 84.99%. As of June 9, 2021, The Egyptian Financial Regulatory Authority (FRA) approved the publication of the mandatory tender offer Price Target Changed • May 21
Price target increased to ج.م16.94 Up from ج.م15.39, the current price target is an average from 5 analysts. New target price is 51% above last closing price of ج.م11.21. Stock is up 27% over the past year. Major Estimate Revision • Mar 23
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ج.م2.83b to ج.م3.68b. EPS estimate unchanged from ج.م1.96 at last update. Banks industry in Egypt expected to see average net income growth of 14% next year. Consensus price target up from ج.م15.39 to ج.م15.79. Share price fell 7.8% to ج.م10.70 over the past week. Ankündigung • Feb 04
Zeta Investment made an offer to acquire 90% in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 25.9 million. Zeta Investment made an offer to acquire 90% in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 25.9 million on February 2, 2021. Under the terms of transaction, the shares will be acquired at EGP 5.51 per share. Price Target Changed • Jan 20
Price target raised to ج.م16.55 Up from ج.م14.42, the current price target is an average from 4 analysts. The new target price is 36% above the current share price of ج.م12.15. As of last close, the stock is down 6.6% over the past year. Ankündigung • Jan 05
Zaldi Capital and other investors made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 25.9 million. Zaldi Capital and other investors made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 25.9 million on January 3, 2021. Under the terms of the transaction, the offer price is EGP 5.5 per share. ADIB Egypt owns a direct stake of 9.04% and a total direct and indirect stake of 84.99% in Alexandria National Company For Financial Investment SAE. Ankündigung • Dec 28
A group of investors represented by Ahmed Farouk made an offer to acquire 85% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB), El Kahera El Watania Investment (CASE:KWIN) and others for EGP 23.6 million. A group of investors represented by Ahmed Farouk made an offer to acquire 85% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB), El Kahera El Watania Investment (CASE:KWIN) and others for EGP 23.6 million on December 27, 2020. Under the terms of the transaction the offer price is EGP 5.32 per share. ADIB Egypt owns a direct stake of 9.04% and a total direct and indirect stake of 84.99% in Alexandria National Company For Financial Investment SAE. El Kahera El Watania Investment owns 40.96% stake in Alexandria National Company For Financial Investment SAE. In related transaction Kayan for Sustainable Development made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE from Abu Dhabi Islamic Bank - Egypt S.A.E. and others for EGP 24.9 million on December 21, 2020. Ankündigung • Dec 23
Kayan for Sustainable Development made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 24.9 million. Kayan for Sustainable Development made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 24.9 million on December 21, 2020. Under the terms of the transaction the offer price is EGP 5.3 per share. ADIB Egypt owns a direct stake of 9.04% and a total direct and indirect stake of 84.99% in Alexandria National Company For Financial Investment SAE. Is New 90 Day High Low • Dec 02
New 90-day high: ج.م12.24 The company is up 2.0% from its price of ج.م11.98 on 03 September 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Banks industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م14.96 per share. 
