First Abu Dhabi Bank P.J.S.C Valuation
Is FAB 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 FAB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate FAB's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate FAB's fair value for valuation analysis.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FAB?
Other financial metrics that can be useful for relative valuation.
| What is FAB's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | د.إ134.92b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 4.1x |
Price to Earnings Ratio vs Peers
How does FAB's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 6.8x | ||
EMIRATESNBD Emirates NBD Bank PJSC | 4.9x | -3.0% | د.إ106.7b |
ADCB Abu Dhabi Commercial Bank PJSC | 7.6x | 3.0% | د.إ61.0b |
DIB Dubai Islamic Bank P.J.S.C | 6.2x | -2.4% | د.إ40.2b |
ADIB Abu Dhabi Islamic Bank PJSC | 8.3x | 0.3% | د.إ41.1b |
FAB First Abu Dhabi Bank P.J.S.C | 8.4x | 2.1% | د.إ134.9b |
Price-To-Earnings vs Peers: FAB is expensive based on its Price-To-Earnings Ratio (8.4x) compared to the peer average (6.8x).
Price to Earnings Ratio vs Industry
How does FAB's PE Ratio compare vs other companies in the Asian Banks Industry?
Price-To-Earnings vs Industry: FAB is good value based on its Price-To-Earnings Ratio (8.4x) compared to the Asian Banks industry average (9.3x).
Price to Earnings Ratio vs Fair Ratio
What is FAB'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 | 8.4x |
| Fair PE Ratio | 7.1x |
Price-To-Earnings vs Fair Ratio: FAB is expensive based on its Price-To-Earnings Ratio (8.4x) compared to the estimated Fair Price-To-Earnings Ratio (7.1x).
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.إ12.22 | د.إ15.30 +25.2% | 9.0% | د.إ18.50 | د.إ13.00 | n/a | 14 |
| Apr ’25 | د.إ13.44 | د.إ15.32 +14.0% | 9.1% | د.إ18.50 | د.إ13.00 | n/a | 14 |
| Mar ’25 | د.إ13.70 | د.إ15.08 +10.1% | 7.8% | د.إ17.00 | د.إ13.00 | n/a | 12 |
| Feb ’25 | د.إ14.10 | د.إ14.57 +3.3% | 8.9% | د.إ16.50 | د.إ11.50 | n/a | 11 |
| Jan ’25 | د.إ13.96 | د.إ14.45 +3.5% | 8.4% | د.إ16.00 | د.إ11.50 | n/a | 12 |
| Dec ’24 | د.إ13.70 | د.إ14.53 +6.0% | 8.6% | د.إ16.00 | د.إ11.50 | n/a | 12 |
| Nov ’24 | د.إ13.00 | د.إ14.55 +11.9% | 8.8% | د.إ16.20 | د.إ11.50 | n/a | 13 |
| Oct ’24 | د.إ13.60 | د.إ14.71 +8.2% | 9.7% | د.إ16.50 | د.إ11.20 | n/a | 13 |
| Sep ’24 | د.إ13.60 | د.إ14.67 +7.9% | 10.6% | د.إ16.90 | د.إ11.00 | n/a | 13 |
| Aug ’24 | د.إ14.48 | د.إ14.55 +0.5% | 11.2% | د.إ16.90 | د.إ11.00 | n/a | 12 |
| Jul ’24 | د.إ13.64 | د.إ14.84 +8.8% | 11.2% | د.إ16.85 | د.إ11.00 | n/a | 13 |
| Jun ’24 | د.إ12.70 | د.إ14.96 +17.8% | 12.0% | د.إ17.60 | د.إ11.00 | n/a | 13 |
| May ’24 | د.إ14.00 | د.إ14.60 +4.2% | 13.0% | د.إ17.60 | د.إ11.00 | د.إ12.22 | 12 |
| Apr ’24 | د.إ12.88 | د.إ15.32 +19.0% | 7.9% | د.إ17.60 | د.إ12.70 | د.إ13.44 | 11 |
| Mar ’24 | د.إ14.06 | د.إ16.03 +14.0% | 12.3% | د.إ19.80 | د.إ12.70 | د.إ13.70 | 10 |
| Feb ’24 | د.إ13.80 | د.إ17.51 +26.9% | 10.1% | د.إ20.00 | د.إ14.20 | د.إ14.10 | 10 |
| Jan ’24 | د.إ17.10 | د.إ18.03 +5.4% | 7.6% | د.إ20.50 | د.إ16.40 | د.إ13.96 | 10 |
| Dec ’23 | د.إ17.60 | د.إ18.19 +3.4% | 7.0% | د.إ20.50 | د.إ16.50 | د.إ13.70 | 10 |
| Nov ’23 | د.إ17.86 | د.إ18.74 +4.9% | 7.1% | د.إ20.60 | د.إ16.60 | د.إ13.00 | 9 |
| Oct ’23 | د.إ17.86 | د.إ19.03 +6.6% | 7.1% | د.إ20.90 | د.إ16.60 | د.إ13.60 | 10 |
| Sep ’23 | د.إ18.54 | د.إ19.46 +5.0% | 11.3% | د.إ24.91 | د.إ16.60 | د.إ13.60 | 10 |
| Aug ’23 | د.إ19.50 | د.إ19.62 +0.6% | 11.6% | د.إ24.91 | د.إ16.60 | د.إ14.48 | 10 |
| Jul ’23 | د.إ18.82 | د.إ19.38 +3.0% | 12.6% | د.إ24.91 | د.إ16.60 | د.إ13.64 | 10 |
| Jun ’23 | د.إ20.66 | د.إ19.14 -7.4% | 15.2% | د.إ24.91 | د.إ13.05 | د.إ12.70 | 11 |
| May ’23 | د.إ22.44 | د.إ18.94 -15.6% | 14.7% | د.إ24.91 | د.إ13.05 | د.إ14.00 | 11 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.