ALSA

Al Salam Bank - SudanDFM:ALSALAMSUDAN Stock Report

Market Cap

د.إ190.4m

7D

0%

1Y

-3.7%

Updated

23 Sep, 2021

Data

Company Financials
ALSALAMSUDAN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends0/6

ALSALAMSUDAN Overview

Al Salam Bank - Sudan provides commercial banking products and services in Sudan.

Price History & Performance

Summary of all time highs, changes and price drops for Al Salam Bank - Sudan
Historical stock prices
Current Share Priceد.إ1.57
52 Week Highد.إ1.42
52 Week Lowد.إ1.78
Beta0.032
1 Month Change-6.55%
3 Month Change-9.25%
1 Year Change-3.68%
3 Year Change12.14%
5 Year Change26.61%
Change since IPO65.57%

Recent News & Updates

Shareholder Returns

ALSALAMSUDANAE BanksAE Market
7D0%-0.1%-0.5%
1Y-3.7%38.9%49.8%

Return vs Industry: ALSALAMSUDAN underperformed the AE Banks industry which returned 38.9% over the past year.

Return vs Market: ALSALAMSUDAN underperformed the AE Market which returned 49.8% over the past year.

Price Volatility

Is ALSALAMSUDAN's price volatile compared to industry and market?
ALSALAMSUDAN volatility
ALSALAMSUDAN Beta0.032
Industry Beta0.86
Market Beta1

Stable Share Price: Insufficient data to determine ALSALAMSUDAN's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ALSALAMSUDAN's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aMohammed El Aminhttps://www.alsalam-bank.net

Al Salam Bank - Sudan provides commercial banking products and services in Sudan. It offers deposit products, such as current, saving, and time deposit accounts, as well as money transfer and locker services. The company also provides transferable letters of credit, revolving letters of credit, standby letters of credit, etc.; profile, primary/final, and maritime letters of guarantee; and Musharaka, Mudaraba, Ijara/lease, Istisna'a, Murabaha, and syndication products and services.

Al Salam Bank - Sudan Fundamentals Summary

How do Al Salam Bank - Sudan's earnings and revenue compare to its market cap?
ALSALAMSUDAN fundamental statistics
Market Cap22.81b
Earnings (TTM)5.42b
Revenue (TTM)1.22b

4.2x

P/E Ratio

1.5x

P/B Ratio

Is ALSALAMSUDAN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALSALAMSUDAN income statement (TTM)
Revenue1.22b
Cost of Revenue12.72m
Gross Profit1.20b
Expenses- 4.21b
Earnings5.42b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)44.71
Gross Margin98.95%
Net Profit Margin445.48%
Debt/Equity Ratio0.0%

How did ALSALAMSUDAN perform over the long term?

See historical performance and comparison

Valuation

Is Al Salam Bank - Sudan undervalued compared to its fair value and its price relative to the market?

4.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ALSALAMSUDAN (AED1.57) is trading above our estimate of fair value (AED0.48)

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


Price To Earnings Ratio

PE vs Industry: ALSALAMSUDAN is good value based on its PE Ratio (4.2x) compared to the AE Banks industry average (12.9x).

PE vs Market: ALSALAMSUDAN is good value based on its PE Ratio (4.2x) compared to the AE market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALSALAMSUDAN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALSALAMSUDAN is overvalued based on its PB Ratio (1.5x) compared to the AE Banks industry average (0.9x).


Future Growth

How is Al Salam Bank - Sudan forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.4%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Al Salam Bank - Sudan has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Al Salam Bank - Sudan performed over the past 5 years?

67.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALSALAMSUDAN has high quality earnings.

Growing Profit Margin: ALSALAMSUDAN's current net profit margins are higher than last year (70.5%).


Past Earnings Growth Analysis

Earnings Trend: ALSALAMSUDAN's earnings have grown significantly by 67.4% per year over the past 5 years.

Accelerating Growth: ALSALAMSUDAN's earnings growth over the past year (1893.5%) exceeds its 5-year average (67.4% per year).

Earnings vs Industry: ALSALAMSUDAN earnings growth over the past year (1893.5%) exceeded the Banks industry -4.7%.


Return on Equity

High ROE: ALSALAMSUDAN's Return on Equity (34.6%) is considered high.


Financial Health

How is Al Salam Bank - Sudan's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: ALSALAMSUDAN's Assets to Equity ratio (1.9x) is low.

Allowance for Bad Loans: ALSALAMSUDAN has a sufficient allowance for bad loans (124%).

Low Risk Liabilities: 65% of ALSALAMSUDAN's liabilities are made up of primarily higher risk sources of funding.

Loan Level: ALSALAMSUDAN has an appropriate level of Loans to Assets ratio (18%).

Low Risk Deposits: ALSALAMSUDAN's Loans to Deposits ratio (110%) is appropriate.

Level of Bad Loans: ALSALAMSUDAN has a high level of bad loans (2.8%).


Dividend

What is Al Salam Bank - Sudan current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ALSALAMSUDAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ALSALAMSUDAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ALSALAMSUDAN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALSALAMSUDAN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ALSALAMSUDAN's dividend in 3 years as they are not forecast to pay a notable one for the AE market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Mohammed El Amin

0.17

Tenure

Mr. Mohammed Ahmed El Amin served as Deputy General Manager of Al Salam Bank - Sudan until July 2021 and serves as General Manager since July 2021.


Leadership Team

Experienced Management: ALSALAMSUDAN's management team is seasoned and experienced (5.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Al Salam Bank - Sudan's employee growth, exchange listings and data sources


Key Information

  • Name: Al Salam Bank - Sudan
  • Ticker: ALSALAMSUDAN
  • Exchange: DFM
  • Founded: 2004
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: د.إ190.402m
  • Shares outstanding: 121.28m
  • Website: https://www.alsalam-bank.net

Number of Employees


Location

  • Al Salam Bank - Sudan
  • Aljamhoria Street
  • Khartoum
  • Sudan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 11:50
End of Day Share Price2021/09/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.