Abu Dhabi Islamic Bank PJSC

ADX:ADIB Stock Report

Market Cap: د.إ50.3b

Abu Dhabi Islamic Bank PJSC Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 ADIB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ADIB (AED13.84) is trading above our estimate of fair value (AED8.99)

Significantly Below Fair Value: ADIB is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ADIB. This is calculated by dividing ADIB's market cap by their current earnings.
What is ADIB's PE Ratio?
PE Ratio9.2x
Earningsد.إ5.45b
Market Capد.إ50.27b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ADIB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9x
EIB Emirates Islamic Bank PJSC
15.1xn/aد.إ45.0b
DIB Dubai Islamic Bank P.J.S.C
7.3x-2.9%د.إ51.2b
MASQ Mashreqbank PSC
5.1x-7.8%د.إ43.7b
ADCB Abu Dhabi Commercial Bank PJSC
8.5x3.2%د.إ74.2b
ADIB Abu Dhabi Islamic Bank PJSC
9.2x4.3%د.إ50.3b

Price-To-Earnings vs Peers: ADIB is expensive based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (9x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ADIB 9.2xIndustry Avg. 9.0xNo. of Companies81PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ADIB is expensive based on its Price-To-Earnings Ratio (9.2x) compared to the Asian Banks industry average (9x).

Price to Earnings Ratio vs Fair Ratio

What is ADIB'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.

ADIB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.2x
Fair PE Ratio7.7x

Price-To-Earnings vs Fair Ratio: ADIB is expensive based on its Price-To-Earnings Ratio (9.2x) 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 ADIB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentد.إ13.84
د.إ15.21
+9.9%
10.4%د.إ17.60د.إ11.40n/a13
Dec ’25د.إ13.06
د.إ15.13
+15.8%
10.8%د.إ17.60د.إ11.40n/a12
Nov ’25د.إ12.70
د.إ14.88
+17.2%
11.5%د.إ17.60د.إ11.40n/a12
Oct ’25د.إ12.82
د.إ14.52
+13.3%
12.0%د.إ17.60د.إ11.40n/a13
Sep ’25د.إ12.62
د.إ14.41
+14.2%
11.9%د.إ17.60د.إ11.40n/a14
Aug ’25د.إ12.38
د.إ14.08
+13.7%
10.0%د.إ16.70د.إ11.40n/a14
Jul ’25د.إ11.72
د.إ13.72
+17.1%
10.0%د.إ15.80د.إ11.40n/a14
Jun ’25د.إ11.22
د.إ13.72
+22.3%
10.0%د.إ15.80د.إ11.40n/a14
May ’25د.إ11.32
د.إ13.32
+17.6%
10.7%د.إ16.10د.إ11.00n/a12
Apr ’25د.إ11.18
د.إ12.88
+15.2%
8.1%د.إ14.60د.إ11.00n/a11
Mar ’25د.إ11.28
د.إ12.77
+13.2%
9.1%د.إ14.60د.إ10.80n/a11
Feb ’25د.إ11.22
د.إ12.65
+12.7%
9.2%د.إ14.60د.إ10.80n/a11
Jan ’25د.إ10.12
د.إ12.36
+22.1%
8.1%د.إ13.60د.إ10.80د.إ13.829
Dec ’24د.إ10.28
د.إ12.48
+21.4%
8.4%د.إ13.60د.إ10.80د.إ13.069
Nov ’24د.إ10.62
د.إ12.54
+18.1%
8.7%د.إ13.60د.إ10.80د.إ12.708
Oct ’24د.إ11.26
د.إ12.48
+10.8%
7.5%د.إ13.60د.إ10.80د.إ12.829
Sep ’24د.إ10.50
د.إ12.40
+18.1%
7.7%د.إ13.60د.إ10.80د.إ12.629
Aug ’24د.إ11.12
د.إ12.06
+8.4%
6.2%د.إ13.30د.إ10.80د.إ12.388
Jul ’24د.إ10.64
د.إ11.63
+9.3%
9.0%د.إ13.30د.إ9.60د.إ11.729
Jun ’24د.إ10.18
د.إ11.63
+14.3%
9.0%د.إ13.30د.إ9.60د.إ11.229
May ’24د.إ11.24
د.إ11.57
+2.9%
8.5%د.إ13.10د.إ9.60د.إ11.329
Apr ’24د.إ9.98
د.إ11.40
+14.2%
9.1%د.إ13.00د.إ9.60د.إ11.187
Mar ’24د.إ10.60
د.إ11.30
+6.6%
8.7%د.إ13.00د.إ9.60د.إ11.287
Feb ’24د.إ9.44
د.إ11.07
+17.3%
7.6%د.إ12.70د.إ9.60د.إ11.227
Jan ’24د.إ9.11
د.إ11.03
+21.1%
8.2%د.إ12.70د.إ9.60د.إ10.126

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:21
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Abu Dhabi Islamic Bank PJSC is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Monette DossBeltone Financial
Olga VeselovaBofA Global Research