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BACB

Bulgarian-American Credit Bank AD BUL:BACB Stock Report

Last Price

лв6.25

Market Cap

лв154.3m

7D

0%

1Y

n/a

Updated

04 Jul, 2022

Data

Company Financials
BACB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

BACB Stock Overview

Bulgarian-American Credit Bank AD provides banking products and services to individual and corporate clients in Bulgaria.

Bulgarian-American Credit Bank AD Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bulgarian-American Credit Bank AD
Historical stock prices
Current Share Priceлв6.25
52 Week Highлв6.85
52 Week Lowлв5.65
Beta0.086
1 Month Change-3.85%
3 Month Changen/a
1 Year Changen/a
3 Year Change-3.10%
5 Year Change-8.77%
Change since IPO-90.53%

Recent News & Updates

Feb 25
Bulgarian-American Credit Bank AD (BUL:BACB) Shareholders Booked A 37% Gain In The Last Five Years

Bulgarian-American Credit Bank AD (BUL:BACB) Shareholders Booked A 37% Gain In The Last Five Years

When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is...

Shareholder Returns

BACBBG BanksBG Market
7D0%-3.0%-0.5%
1Yn/a-13.5%12.5%

Return vs Industry: Insufficient data to determine how BACB performed against the BG Banks industry.

Return vs Market: Insufficient data to determine how BACB performed against the BG Market.

Price Volatility

Is BACB's price volatile compared to industry and market?
BACB volatility
BACB Average Weekly Movementn/a
Banks Industry Average Movement4.6%
Market Average Movement5.6%
10% most volatile stocks in BG Market10.3%
10% least volatile stocks in BG Market2.8%

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

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

About the Company

FoundedEmployeesCEOWebsite
1995n/aIlian Georgievhttps://www.bacb.bg

Bulgarian-American Credit Bank AD provides banking products and services to individual and corporate clients in Bulgaria. The company offers current and savings, clean, switching payment, joint current, and escrow accounts. It also provides quick money transfer, visa cards, and debit and credit card services.

Bulgarian-American Credit Bank AD Fundamentals Summary

How do Bulgarian-American Credit Bank AD's earnings and revenue compare to its market cap?
BACB fundamental statistics
Market Capлв154.32m
Earnings (TTM)лв19.81m
Revenue (TTM)лв54.31m

7.8x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BACB income statement (TTM)
Revenueлв54.31m
Cost of Revenueлв0
Gross Profitлв54.31m
Other Expensesлв34.50m
Earningsлв19.81m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.80
Gross Margin100.00%
Net Profit Margin36.47%
Debt/Equity Ratio9.5%

How did BACB perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

BACB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

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

BACB PE Ratio vs Peers
The above table shows the PE ratio for BACB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average46.6x
CCB Central Cooperative Bank AD
8xn/aлв216.1m
TXIM Texim Bank AD
169.8xn/aлв92.4m
FIB First Investment Bank AD
2.5xn/aлв281.8m
BOAS Bank Of Africa Senegal
5.9xn/aXOF56.9b
BACB Bulgarian-American Credit Bank AD
7.8xn/aлв154.3m

Price-To-Earnings vs Peers: BACB is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (46.6x).


Price to Earnings Ratio vs Industry

How does BACB's PE Ratio compare vs other companies in the European Banks Industry?

Price-To-Earnings vs Industry: BACB is good value based on its Price-To-Earnings Ratio (7.8x) compared to the European Banks industry average (8.6x)


Price to Earnings Ratio vs Fair Ratio

What is BACB'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.

BACB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BACB's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BACB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BACB (BGN6.25) is trading below our estimate of fair value (BGN10.98)

Significantly Below Fair Value: BACB is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

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


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Future Growth

How is Bulgarian-American Credit Bank AD forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.1%

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 Bulgarian-American Credit Bank AD 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.


Discover growth companies

  • Examine whether Bulgarian-American Credit Bank AD is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Bulgarian-American Credit Bank AD performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BACB has high quality earnings.

Growing Profit Margin: BACB's current net profit margins (36.5%) are higher than last year (29%).


Past Earnings Growth Analysis

Earnings Trend: BACB's earnings have grown by 16.6% per year over the past 5 years.

Accelerating Growth: BACB's earnings growth over the past year (43.7%) exceeds its 5-year average (16.6% per year).

Earnings vs Industry: BACB earnings growth over the past year (43.7%) exceeded the Banks industry 33.6%.


Return on Equity

High ROE: BACB's Return on Equity (8.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Bulgarian-American Credit Bank AD's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

4/6

Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BACB's Assets to Equity ratio (10.5x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if BACB has a sufficient allowance for bad loans.

Low Risk Liabilities: 98% of BACB's liabilities are made up of primarily low risk sources of funding.

Loan Level: BACB has an appropriate level of Loans to Assets ratio (50%).

Low Risk Deposits: BACB's Loans to Deposits ratio (57%) is appropriate.

Level of Bad Loans: Insufficient data to determine if BACB has an appropriate level of bad loans.


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Dividend

What is Bulgarian-American Credit Bank AD current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate BACB'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 BACB's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Earnings 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 BACB's dividend in 3 years as they are not forecast to pay a notable one for the BG market.


Discover strong dividend paying companies

Management

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

9.0yrs

Average management tenure


CEO

Ilian Georgiev

10.58yrs

Tenure

лв144,840

Compensation

Mr. Ilian Petrov Georgiev has been Chief Executive Officer of Bulgarian-American Credit Bank AD and its Executive Director of Bulgarian American Credit Bank since September 30th, 2013. Mr. Georgiev has bee...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Ilian's total compensation is reasonable compared to companies of similar size in the BG market.

Compensation vs Earnings: Ilian's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BACB's management team is seasoned and experienced (9 years average tenure).


Board Members

Experienced Board: BACB's board of directors are seasoned and experienced ( 11 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

Bulgarian-American Credit Bank AD's employee growth, exchange listings and data sources


Key Information

  • Name: Bulgarian-American Credit Bank AD
  • Ticker: BACB
  • Exchange: BUL
  • Founded: 1995
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: лв154.321m
  • Shares outstanding: 24.69m
  • Website: https://www.bacb.bg

Number of Employees


Location

  • Bulgarian-American Credit Bank AD
  • 2 Slavyanska Street
  • Sofia
  • Bulgaria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/04 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.