ADIB Stock Overview
Abu Dhabi Islamic Bank PJSC, together with its subsidiaries, provides banking, financing, and investing services in the United Arab Emirates and internationally.
Abu Dhabi Islamic Bank PJSC Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||د.إ6.42|
|52 Week High||د.إ6.45|
|52 Week Low||د.إ4.59|
|1 Month Change||10.31%|
|3 Month Change||15.26%|
|1 Year Change||34.03%|
|3 Year Change||60.90%|
|5 Year Change||84.48%|
|Change since IPO||585.90%|
Recent News & Updates
Did You Participate In Any Of Abu Dhabi Islamic Bank PJSC's (ADX:ADIB) Respectable 95% Return?
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...
|ADIB||AE Banks||AE Market|
Return vs Industry: ADIB matched the AE Banks industry which returned 34.8% over the past year.
Return vs Market: ADIB underperformed the AE Market which returned 51.5% over the past year.
|ADIB Average Weekly Movement||2.5%|
|Banks Industry Average Movement||2.8%|
|Market Average Movement||4.8%|
|10% most volatile stocks in AE Market||11.9%|
|10% least volatile stocks in AE Market||2.3%|
Stable Share Price: ADIB is less volatile than 75% of AE stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ADIB's weekly volatility (3%) has been stable over the past year.
About the Company
Abu Dhabi Islamic Bank PJSC, together with its subsidiaries, provides banking, financing, and investing services in the United Arab Emirates and internationally. It operates through Global Retail Banking, Global Wholesale Banking, Private Banking, Treasury, Real Estate, and Other Operations segments. The company offers current, savings, salary, electron, short term investment, investment deposit, UAE-Egypt, student, business, and merchant accounts; personal, home, debt settlement, car, education, travel, boat, and business finance products; and motor, covered card, medical, personal finance, family, and saving accounts Takaful products.
Abu Dhabi Islamic Bank PJSC Fundamentals Summary
|ADIB fundamental statistics|
Is ADIB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADIB income statement (TTM)|
|Cost of Revenue||د.إ0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.50|
|Net Profit Margin||40.92%|
How did ADIB perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Abu Dhabi Islamic Bank PJSC undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ADIB (AED6.42) is trading above our estimate of fair value (AED2.38)
Significantly Below Fair Value: ADIB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ADIB's PE Ratio (12.8x) is in line with the AE Banks industry average.
PE vs Market: ADIB is good value based on its PE Ratio (12.8x) compared to the AE market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: ADIB is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: ADIB is overvalued based on its PB Ratio (1.2x) compared to the AE Banks industry average (1x).
How is Abu Dhabi Islamic Bank PJSC forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADIB's forecast earnings growth (6% per year) is below the savings rate (9.1%).
Earnings vs Market: ADIB's earnings (6% per year) are forecast to grow slower than the AE market (8.1% per year).
High Growth Earnings: ADIB's earnings are forecast to grow, but not significantly.
Revenue vs Market: ADIB's revenue (6.4% per year) is forecast to grow faster than the AE market (4.3% per year).
High Growth Revenue: ADIB's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADIB's Return on Equity is forecast to be low in 3 years time (12.8%).
How has Abu Dhabi Islamic Bank PJSC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADIB has a high level of non-cash earnings.
Growing Profit Margin: ADIB's current net profit margins (40.9%) are higher than last year (34.8%).
Past Earnings Growth Analysis
Earnings Trend: ADIB's earnings have declined by 0.8% per year over the past 5 years.
Accelerating Growth: ADIB's earnings growth over the past year (15.3%) exceeds its 5-year average (-0.8% per year).
Earnings vs Industry: ADIB earnings growth over the past year (15.3%) exceeded the Banks industry 13.5%.
Return on Equity
High ROE: ADIB's Return on Equity (10.5%) is considered low.
How is Abu Dhabi Islamic Bank PJSC's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ADIB's Assets to Equity ratio (6.7x) is low.
Allowance for Bad Loans: ADIB has a low allowance for bad loans (59%).
Low Risk Liabilities: 96% of ADIB's liabilities are made up of primarily low risk sources of funding.
Loan Level: ADIB has an appropriate level of Loans to Assets ratio (64%).
Low Risk Deposits: ADIB's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: ADIB has a high level of bad loans (7%).
What is Abu Dhabi Islamic Bank PJSC current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADIB's dividend (3.21%) is higher than the bottom 25% of dividend payers in the AE market (3.07%).
High Dividend: ADIB's dividend (3.21%) is low compared to the top 25% of dividend payers in the AE market (6.07%).
Stability and Growth of Payments
Stable Dividend: ADIB's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADIB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.1%), ADIB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ADIB's dividends in 3 years are forecast to be well covered by earnings (49.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Sandeep Chouhan serves as Acting Chief Executive Officer at Abu Dhabi Islamic Bank PJSC since June 2020 and serves as its Chief Operating Officer. He served as the Head of Operations & Technology at Ma...
Experienced Management: ADIB's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: ADIB's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Abu Dhabi Islamic Bank PJSC's employee growth, exchange listings and data sources
- Name: Abu Dhabi Islamic Bank PJSC
- Ticker: ADIB
- Exchange: ADX
- Founded: 1997
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: د.إ23.317b
- Shares outstanding: 3.63b
- Website: https://www.adib.ae
- Abu Dhabi Islamic Bank PJSC
- PO Box 313
- Abu Dhabi
- United Arab Emirates
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 12:06|
|End of Day Share Price||2021/11/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.