Abu Dhabi Commercial Bank PJSC

ADX:ADCB Stock Report

Market Cap: د.إ69.0b

Abu Dhabi Commercial Bank PJSC Valuation

Is ADCB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ADCB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ADCB's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ADCB's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ADCB?

Key metric: As ADCB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ADCB. This is calculated by dividing ADCB's market cap by their current earnings.
What is ADCB's PE Ratio?
PE Ratio7.9x
Earningsد.إ8.73b
Market Capد.إ69.01b

Price to Earnings Ratio vs Peers

How does ADCB's PE Ratio compare to its peers?

The above table shows the PE ratio for ADCB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.4x
DIB Dubai Islamic Bank P.J.S.C
6.7x-3.4%د.إ47.0b
ADIB Abu Dhabi Islamic Bank PJSC
8.5x4.6%د.إ46.5b
EMIRATESNBD Emirates NBD Bank PJSC
5.5x-4.5%د.إ124.4b
FAB First Abu Dhabi Bank P.J.S.C
8.9x1.9%د.إ144.0b
ADCB Abu Dhabi Commercial Bank PJSC
7.9x2.5%د.إ69.0b

Price-To-Earnings vs Peers: ADCB is expensive based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (7.4x).

Price to Earnings Ratio vs Industry

How does ADCB's PE Ratio compare vs other companies in the Asian Banks Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADCB 7.9xIndustry Avg. 8.4xNo. of Companies79PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ADCB is good value based on its Price-To-Earnings Ratio (7.9x) compared to the Asian Banks industry average (8.4x).

Price to Earnings Ratio vs Fair Ratio

What is ADCB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ADCB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.9x
Fair PE Ratio7.7x

Price-To-Earnings vs Fair Ratio: ADCB is expensive based on its Price-To-Earnings Ratio (7.9x) compared to the estimated Fair Price-To-Earnings Ratio (7.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ADCB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentد.إ9.43
د.إ11.06
+17.3%
10.4%د.إ13.80د.إ9.50n/a15
Nov ’25د.إ9.20
د.إ10.99
+19.4%
10.6%د.إ13.80د.إ9.50n/a15
Oct ’25د.إ8.41
د.إ10.74
+27.7%
10.2%د.إ13.80د.إ9.00n/a16
Sep ’25د.إ8.76
د.إ10.67
+21.8%
9.8%د.إ13.80د.إ9.00n/a16
Aug ’25د.إ8.88
د.إ10.46
+17.8%
7.1%د.إ11.90د.إ9.00n/a16
Jul ’25د.إ8.06
د.إ10.38
+28.8%
6.8%د.إ11.80د.إ9.00n/a16
Jun ’25د.إ7.80
د.إ10.38
+33.1%
6.8%د.إ11.80د.إ9.00n/a16
May ’25د.إ8.33
د.إ10.42
+25.1%
7.4%د.إ12.30د.إ9.00n/a15
Apr ’25د.إ8.35
د.إ10.52
+26.0%
6.4%د.إ12.20د.إ9.50n/a14
Mar ’25د.إ8.64
د.إ10.50
+21.5%
6.6%د.إ12.20د.إ9.50n/a13
Feb ’25د.إ8.88
د.إ10.16
+14.4%
7.2%د.إ12.00د.إ8.90n/a13
Jan ’25د.إ9.18
د.إ10.07
+9.7%
7.0%د.إ11.00د.إ8.60n/a13
Dec ’24د.إ8.49
د.إ10.12
+19.2%
7.5%د.إ11.00د.إ8.60n/a12
Nov ’24د.إ8.20
د.إ10.11
+23.3%
7.5%د.إ11.00د.إ8.60د.إ9.2012
Oct ’24د.إ8.65
د.إ10.10
+16.8%
9.0%د.إ11.00د.إ8.40د.إ8.4111
Sep ’24د.إ8.56
د.إ10.11
+18.2%
8.8%د.إ11.00د.إ8.50د.إ8.7611
Aug ’24د.إ8.64
د.إ9.97
+15.4%
8.5%د.إ11.20د.إ8.50د.إ8.8813
Jul ’24د.إ8.11
د.إ9.81
+20.9%
7.3%د.إ11.03د.إ8.50د.إ8.0614
Jun ’24د.إ8.06
د.إ9.81
+21.7%
7.3%د.إ11.03د.إ8.50د.إ7.8014
May ’24د.إ8.74
د.إ9.83
+12.4%
7.9%د.إ11.03د.إ8.00د.إ8.3314
Apr ’24د.إ8.30
د.إ10.03
+20.8%
6.7%د.إ11.03د.إ9.03د.إ8.3512
Mar ’24د.إ7.97
د.إ10.06
+26.2%
7.1%د.إ11.12د.إ9.03د.إ8.6412
Feb ’24د.إ8.26
د.إ10.28
+24.5%
7.8%د.إ11.22د.إ9.03د.إ8.8811
Jan ’24د.إ8.55
د.إ10.36
+21.1%
7.3%د.إ11.22د.إ9.03د.إ9.1811
Dec ’23د.إ9.31
د.إ10.48
+12.6%
6.8%د.إ11.79د.إ9.03د.إ8.4910
Nov ’23د.إ8.86
د.إ10.94
+23.5%
3.4%د.إ11.79د.إ10.46د.إ8.209

Analyst Forecast: Target price is less than 20% higher than the current share price.

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