| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
BOAB Overview
Bank of Africa - Benin SA provides various commercial banking products and services for individuals, businesses, and professional customers in Bénin.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | XOF5,380.00 |
| 52 Week High | XOF0 |
| 52 Week Low | XOF0 |
| Beta | -0.026 |
| 1 Month Change | 9.80% |
| 3 Month Change | 34.84% |
| 1 Year Change | 54.60% |
| 3 Year Change | 41.77% |
| 5 Year Change | -38.51% |
| Change since IPO | 227.17% |
Recent News & Updates
Shareholder Returns
| BOAB | CI Banks | CI Market | |
|---|---|---|---|
| 7D | 1.4% | -0.7% | 0.2% |
| 1Y | 54.6% | 39.1% | 56.4% |
Return vs Industry: BOAB exceeded the CI Banks industry which returned 39.1% over the past year.
Return vs Market: BOAB underperformed the CI Market which returned 56.4% over the past year.
Price Volatility
| BOAB volatility | |
|---|---|
| BOAB Beta | -0.026 |
| Industry Beta | 0.44 |
| Market Beta | 1 |
Stable Share Price: BOAB is not significantly more volatile than the rest of CI stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BOAB's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 653 | Sadio Cisse | https://www.boabenin.com |
Bank of Africa - Benin SA provides various commercial banking products and services for individuals, businesses, and professional customers in Bénin. The company offers checking and savings accounts; cards; savings and investment products; mortgage, house, real estate, party, equipment, collective, consumer, vehicle, personal, travel, rechargeable, vitamin, and other loans; and insurance, money transfer, investment financing, bond, and international operation services, as well as online, mobile, and SMS banking services. As of December 31, 2020, it operated through a network of 51 agencies, including 26 in Cotonou and 25 agencies in the provinces.
Bank of Africa - Benin Fundamentals Summary
| BOAB fundamental statistics | |
|---|---|
| Market Cap | XOF109.11b |
| Earnings (TTM) | XOF14.29b |
| Revenue (TTM) | XOF41.84b |
7.6x
P/E Ratio1.2x
P/B RatioIs BOAB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BOAB income statement (TTM) | |
|---|---|
| Revenue | XOF41.84b |
| Cost of Revenue | XOF0 |
| Gross Profit | XOF41.84b |
| Expenses | XOF27.55b |
| Earnings | XOF14.29b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 704.39 |
| Gross Margin | 100.00% |
| Net Profit Margin | 34.14% |
| Debt/Equity Ratio | 201.0% |
How did BOAB perform over the long term?
See historical performance and comparisonDividends
8.5%
Current Dividend Yield70%
Payout RatioValuation
Is Bank of Africa - Benin undervalued compared to its fair value and its price relative to the market?
8.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BOAB (CFA5380) is trading below our estimate of fair value (CFA5901.37)
Significantly Below Fair Value: BOAB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BOAB is poor value based on its PE Ratio (7.6x) compared to the CI Banks industry average (7.1x).
PE vs Market: BOAB is good value based on its PE Ratio (7.6x) compared to the CI market (7.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BOAB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BOAB is good value based on its PB Ratio (1.2x) compared to the CI Banks industry average (1.6x).
Future Growth
How is Bank of Africa - Benin forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.4%
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 Bank of Africa - Benin 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 Bank of Africa - Benin performed over the past 5 years?
-1.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BOAB has high quality earnings.
Growing Profit Margin: BOAB's current net profit margins (34.1%) are lower than last year (38.4%).
Past Earnings Growth Analysis
Earnings Trend: BOAB's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: BOAB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BOAB had negative earnings growth (-5.6%) over the past year, making it difficult to compare to the Banks industry average (14.2%).
Return on Equity
High ROE: BOAB's Return on Equity (15.9%) is considered low.
Financial Health
How is Bank of Africa - Benin'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: BOAB's Assets to Equity ratio (10x) is moderate.
Allowance for Bad Loans: BOAB has a low allowance for bad loans (89%).
Low Risk Liabilities: 75% of BOAB's liabilities are made up of primarily low risk sources of funding.
Loan Level: BOAB has an appropriate level of Loans to Assets ratio (46%).
Low Risk Deposits: BOAB's Loans to Deposits ratio (67%) is appropriate.
Level of Bad Loans: BOAB has a high level of bad loans (14.5%).
Dividend
What is Bank of Africa - Benin current dividend yield, its reliability and sustainability?
8.53%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BOAB's dividend (8.53%) is higher than the bottom 25% of dividend payers in the CI market (3.75%).
High Dividend: BOAB's dividend (8.53%) is low compared to the top 25% of dividend payers in the CI market (9.79%).
Stability and Growth of Payments
Stable Dividend: BOAB's dividend payments have been volatile in the past 10 years.
Growing Dividend: BOAB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70%), BOAB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Sadio Cisse
no data
Tenure
Mr. Sadio Cisse serves as Managing Director of Bank of Africa Benin.
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
Bank of Africa - Benin SA's employee growth, exchange listings and data sources
Key Information
- Name: Bank of Africa - Benin SA
- Ticker: BOAB
- Exchange: BRVM
- Founded: 1990
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: XOF109.109b
- Shares outstanding: 20.28m
- Website: https://www.boabenin.com
Number of Employees
Location
- Bank of Africa - Benin SA
- Avenue Jean Paul II - 08
- Cotonou
- 879
- Benin
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 16:00 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.