Bahrain Commercial Facilities Company BSC (BAX:BCFC) - Share price, News & Analysis

BCFC fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

BCFC Stock Overview

Bahrain Commercial Facilities Company BSC, together with its subsidiaries, operates as a finance company in the Kingdom of Bahrain.

Rewards

Became profitable this year

Risk Analysis

Earnings have declined by 36.6% per year over past 5 years

Has a high level of debt

Unstable dividend track record

Bahrain Commercial Facilities Company BSC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bahrain Commercial Facilities Company BSC
Historical stock prices
Current Share Price	ب.د0.50
52 Week High	ب.د0.51
52 Week Low	ب.د0.44
Beta	0.0030
1 Month Change	3.09%
3 Month Change	4.17%
1 Year Change	n/a
3 Year Change	-32.89%
5 Year Change	-14.97%
Change since IPO	332.39%

Shareholder Returns

	BCFC	BH Consumer Finance	BH Market
7D	0%	1.6%	-2.5%
1Y	n/a	-2.0%	31.1%

Return vs Industry: Insufficient data to determine how BCFC performed against the BH Consumer Finance industry.

Return vs Market: Insufficient data to determine how BCFC performed against the BH Market.

Price Volatility

Is BCFC's price volatile compared to industry and market?
BCFC volatility
BCFC Average Weekly Movement	n/a
Consumer Finance Industry Average Movement	5.9%
Market Average Movement	2.5%
10% most volatile stocks in BH Market	6.5%
10% least volatile stocks in BH Market	1.7%

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

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

About the Company

Founded	Employees	CEO	Website
1983	764	Abdulla Abdulla Ali Bukhowa	https://www.bahraincredit.com.bh

Bahrain Commercial Facilities Company BSC, together with its subsidiaries, operates as a finance company in the Kingdom of Bahrain. It operates through four segments: Customer Lending, Automotive, Real Estate, and Insurance. The company offers car and personal loans; financing for property purchase; loans against properties; credit for construction facilities; cheque discounting facilities; credit cards; and other finance, including fleet, equipment and heavy machinery, and working capital finance.

Bahrain Commercial Facilities Company BSC Fundamentals Summary

How do Bahrain Commercial Facilities Company BSC's earnings and revenue compare to its market cap?
BCFC fundamental statistics
Market Cap	ب.د100.71m
Earnings (TTM)	ب.د6.71m
Revenue (TTM)	ب.د58.49m

15.0x

P/E Ratio

1.7x

P/S Ratio

Is BCFC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BCFC income statement (TTM)
Revenue	ب.د58.49m
Cost of Revenue	ب.د45.96m
Gross Profit	ب.د12.53m
Other Expenses	ب.د5.82m
Earnings	ب.د6.71m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.033
Gross Margin	21.42%
Net Profit Margin	11.47%
Debt/Equity Ratio	117.2%

How did BCFC perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

77%

Payout Ratio

Valuation

Is Bahrain Commercial Facilities Company BSC undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

15.02x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BCFC's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BCFC's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: BCFC is poor value based on its PE Ratio (15x) compared to the Asian Consumer Finance industry average (13.9x).

PE vs Market: BCFC is poor value based on its PE Ratio (15x) compared to the BH market (13.8x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: BCFC is good value based on its PB Ratio (0.8x) compared to the XA Consumer Finance industry average (0.9x).

Future Growth

How is Bahrain Commercial Facilities Company BSC 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

22.0%

Forecasted Diversified Financials 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 Bahrain Commercial Facilities Company BSC 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 Bahrain Commercial Facilities Company BSC performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-36.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BCFC has high quality earnings.

Growing Profit Margin: BCFC became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: BCFC's earnings have declined by 36.6% per year over the past 5 years.

Accelerating Growth: BCFC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BCFC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Finance industry (22.7%).

Return on Equity

High ROE: BCFC's Return on Equity (5%) is considered low.

Financial Health

How is Bahrain Commercial Facilities Company BSC's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: BCFC's short term assets (BHD274.5M) exceed its short term liabilities (BHD23.8M).

Long Term Liabilities: BCFC's short term assets (BHD274.5M) exceed its long term liabilities (BHD156.5M).

Debt to Equity History and Analysis

Debt Level: BCFC's net debt to equity ratio (90.4%) is considered high.

Reducing Debt: BCFC's debt to equity ratio has reduced from 170.8% to 117.2% over the past 5 years.

Debt Coverage: BCFC's debt is well covered by operating cash flow (30.7%).

Interest Coverage: Insufficient data to determine if BCFC's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

What is Bahrain Commercial Facilities Company BSC current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

5.00%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BCFC's dividend (5%) is higher than the bottom 25% of dividend payers in the BH market (3.73%).

High Dividend: BCFC's dividend (5%) is low compared to the top 25% of dividend payers in the BH market (5.6%).

Stability and Growth of Payments

Stable Dividend: BCFC's dividend payments have been volatile in the past 10 years.

Growing Dividend: BCFC's dividend payments have fallen over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (76.7%), BCFC's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (11%), BCFC's dividend payments are thoroughly covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Diversified Financials industry.

Management

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

1.1yrs

Average management tenure

CEO

Abdulla Abdulla Ali Bukhowa

0.83

Tenure

Mr. Abdulla Abdulrazaq Abdulla Ali Bukhowa is Chief Executive Officer of Bahrain Commercial Facilities Company BSC from July 01, 2021. He joined the Bahrain Commercial Facilities Company BSC on July 01, 20...

Leadership Team

Experienced Management: BCFC's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Experienced Board: BCFC's board of directors are considered experienced (7.1 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/18 00:00
End of Day Share Price	2022/05/18 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31