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
2/6Valuation Score 2/6
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?
Other financial metrics that can be useful for relative valuation.
| What is ADCB's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | د.إ61.11b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 2.6x |
Price to Earnings Ratio vs Peers
How does ADCB's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 7.1x | ||
DIB Dubai Islamic Bank P.J.S.C | 6.3x | -2.4% | د.إ40.6b |
ADIB Abu Dhabi Islamic Bank PJSC | 8.7x | 0.3% | د.إ42.3b |
FAB First Abu Dhabi Bank P.J.S.C | 8.4x | 2.2% | د.إ133.6b |
EMIRATESNBD Emirates NBD Bank PJSC | 4.9x | -3.2% | د.إ106.1b |
ADCB Abu Dhabi Commercial Bank PJSC | 7.6x | 3.0% | د.إ61.1b |
Price-To-Earnings vs Peers: ADCB is expensive based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (7.1x).
Price to Earnings Ratio vs Industry
How does ADCB's PE Ratio compare vs other companies in the Asian Banks Industry?
Price-To-Earnings vs Industry: ADCB is good value based on its Price-To-Earnings Ratio (7.6x) compared to the Asian Banks industry average (9.2x).
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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 7.6x |
| Fair PE Ratio | 6.9x |
Price-To-Earnings vs Fair Ratio: ADCB is expensive based on its Price-To-Earnings Ratio (7.6x) compared to the estimated Fair Price-To-Earnings Ratio (6.9x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | د.إ8.35 | د.إ10.44 +25.0% | 7.4% | د.إ12.30 | د.إ9.00 | n/a | 15 |
| Apr ’25 | د.إ8.35 | د.إ10.52 +26.0% | 6.4% | د.إ12.20 | د.إ9.50 | n/a | 14 |
| Mar ’25 | د.إ8.64 | د.إ10.50 +21.5% | 6.6% | د.إ12.20 | د.إ9.50 | n/a | 13 |
| Feb ’25 | د.إ8.88 | د.إ10.16 +14.4% | 7.2% | د.إ12.00 | د.إ8.90 | n/a | 13 |
| Jan ’25 | د.إ9.18 | د.إ10.07 +9.7% | 7.0% | د.إ11.00 | د.إ8.60 | n/a | 13 |
| Dec ’24 | د.إ8.49 | د.إ10.12 +19.2% | 7.5% | د.إ11.00 | د.إ8.60 | n/a | 12 |
| Nov ’24 | د.إ8.20 | د.إ10.11 +23.3% | 7.5% | د.إ11.00 | د.إ8.60 | n/a | 12 |
| Oct ’24 | د.إ8.65 | د.إ10.10 +16.8% | 9.0% | د.إ11.00 | د.إ8.40 | n/a | 11 |
| Sep ’24 | د.إ8.56 | د.إ10.11 +18.2% | 8.8% | د.إ11.00 | د.إ8.50 | n/a | 11 |
| Aug ’24 | د.إ8.64 | د.إ9.97 +15.4% | 8.5% | د.إ11.20 | د.إ8.50 | n/a | 13 |
| Jul ’24 | د.إ8.11 | د.إ9.81 +20.9% | 7.3% | د.إ11.03 | د.إ8.50 | n/a | 14 |
| Jun ’24 | د.إ8.06 | د.إ9.81 +21.7% | 7.3% | د.إ11.03 | د.إ8.50 | n/a | 14 |
| May ’24 | د.إ8.74 | د.إ9.83 +12.4% | 7.9% | د.إ11.03 | د.إ8.00 | د.إ8.33 | 14 |
| Apr ’24 | د.إ8.30 | د.إ10.03 +20.8% | 6.7% | د.إ11.03 | د.إ9.03 | د.إ8.35 | 12 |
| Mar ’24 | د.إ7.97 | د.إ10.06 +26.2% | 7.1% | د.إ11.12 | د.إ9.03 | د.إ8.64 | 12 |
| Feb ’24 | د.إ8.26 | د.إ10.28 +24.5% | 7.8% | د.إ11.22 | د.إ9.03 | د.إ8.88 | 11 |
| Jan ’24 | د.إ8.55 | د.إ10.36 +21.1% | 7.3% | د.إ11.22 | د.إ9.03 | د.إ9.18 | 11 |
| Dec ’23 | د.إ9.31 | د.إ10.48 +12.6% | 6.8% | د.إ11.79 | د.إ9.03 | د.إ8.49 | 10 |
| Nov ’23 | د.إ8.86 | د.إ10.94 +23.5% | 3.4% | د.إ11.79 | د.إ10.46 | د.إ8.20 | 9 |
| Oct ’23 | د.إ8.57 | د.إ11.19 +30.5% | 5.7% | د.إ12.83 | د.إ10.46 | د.إ8.65 | 11 |
| Sep ’23 | د.إ8.39 | د.إ11.19 +33.3% | 5.7% | د.إ12.83 | د.إ10.46 | د.إ8.56 | 11 |
| Aug ’23 | د.إ8.68 | د.إ11.15 +28.4% | 5.7% | د.إ12.83 | د.إ10.46 | د.إ8.64 | 11 |
| Jul ’23 | د.إ8.41 | د.إ11.03 +31.2% | 6.5% | د.إ12.83 | د.إ9.79 | د.إ8.11 | 12 |
| Jun ’23 | د.إ9.44 | د.إ11.12 +17.9% | 7.1% | د.إ12.83 | د.إ9.79 | د.إ8.06 | 13 |
| May ’23 | د.إ9.68 | د.إ10.77 +11.4% | 10.8% | د.إ12.83 | د.إ8.84 | د.إ8.74 | 13 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.