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BOAB

Bank of Africa-Burkina FasoBRVM:BOABF Stock Report

Market Cap

XOF121.0b

7D

-1.8%

1Y

70.8%

Updated

18 Oct, 2021

Data

Company Financials
BOABF fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

BOABF Overview

Bank of Africa - Burkina Faso provides various banking products and services for individuals, businesses, and professionals in Burkina Faso.

Price History & Performance

Summary of all time highs, changes and price drops for Bank of Africa-Burkina Faso
Historical stock prices
Current Share PriceXOF5,500.00
52 Week HighXOF0
52 Week LowXOF0
Beta0.088
1 Month Change7.84%
3 Month Change37.50%
1 Year Change70.81%
3 Year Change41.03%
5 Year Change-20.29%
Change since IPO382.86%

Recent News & Updates

Shareholder Returns

BOABFCI BanksCI Market
7D-1.8%-0.5%1.6%
1Y70.8%43.6%53.9%

Return vs Industry: BOABF exceeded the CI Banks industry which returned 43.6% over the past year.

Return vs Market: BOABF exceeded the CI Market which returned 53.9% over the past year.

Price Volatility

Is BOABF's price volatile compared to industry and market?
BOABF volatility
BOABF Beta0.088
Industry Beta0.44
Market Beta1

Stable Share Price: BOABF is not significantly more volatile than the rest of CI stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BOABF's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aFaustin Amoussouhttps://www.boaburkinafaso.com

Bank of Africa - Burkina Faso provides various banking products and services for individuals, businesses, and professionals in Burkina Faso. The company offers savings, checking, current, and currency accounts; term deposits; cards; and digital banking services, as well as various loans, such as house, equipment, collective, car and motorcycle, personal, consumer, vitamin, holiday, and payday advance loans. It also provides cash and overdraft facilities; bridge, spot, and campaign credits; bonds; currency guarantees; cash vouchers; insurance, and money transfer services.

Bank of Africa-Burkina Faso Fundamentals Summary

How do Bank of Africa-Burkina Faso's earnings and revenue compare to its market cap?
BOABF fundamental statistics
Market CapXOF121.00b
Earnings (TTM)XOF20.25b
Revenue (TTM)XOF44.90b

6.0x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOABF income statement (TTM)
RevenueXOF44.90b
Cost of RevenueXOF0
Gross ProfitXOF44.90b
ExpensesXOF24.65b
EarningsXOF20.25b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)920.42
Gross Margin100.00%
Net Profit Margin45.10%
Debt/Equity Ratio0.0%

How did BOABF perform over the long term?

See historical performance and comparison

Dividends

7.7%

Current Dividend Yield

46%

Payout Ratio

Valuation

Is Bank of Africa-Burkina Faso undervalued compared to its fair value and its price relative to the market?

42.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOABF (CFA5500) is trading below our estimate of fair value (CFA9574.8)

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


Price To Earnings Ratio

PE vs Industry: BOABF is good value based on its PE Ratio (6x) compared to the CI Banks industry average (7.2x).

PE vs Market: BOABF is good value based on its PE Ratio (6x) compared to the CI market (8.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BOABF is good value based on its PB Ratio (1.4x) compared to the CI Banks industry average (1.7x).


Future Growth

How is Bank of Africa-Burkina Faso forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.2%

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-Burkina Faso 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-Burkina Faso performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOABF has high quality earnings.

Growing Profit Margin: BOABF's current net profit margins (45.1%) are higher than last year (44.5%).


Past Earnings Growth Analysis

Earnings Trend: BOABF's earnings have grown by 10.4% per year over the past 5 years.

Accelerating Growth: BOABF's earnings growth over the past year (8.4%) is below its 5-year average (10.4% per year).

Earnings vs Industry: BOABF earnings growth over the past year (8.4%) underperformed the Banks industry 14.2%.


Return on Equity

High ROE: BOABF's Return on Equity (23.3%) is considered high.


Financial Health

How is Bank of Africa-Burkina Faso'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: BOABF's Assets to Equity ratio (11.3x) is moderate.

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

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

Loan Level: BOABF has an appropriate level of Loans to Assets ratio (56%).

Low Risk Deposits: BOABF's Loans to Deposits ratio (63%) is appropriate.

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


Dividend

What is Bank of Africa-Burkina Faso current dividend yield, its reliability and sustainability?

7.69%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BOABF's dividend (7.69%) is higher than the bottom 25% of dividend payers in the CI market (4.29%).

High Dividend: BOABF's dividend (7.69%) is low compared to the top 25% of dividend payers in the CI market (10.1%).


Stability and Growth of Payments

Stable Dividend: BOABF's dividends per share have been stable in the past 10 years.

Growing Dividend: BOABF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46%), BOABF's dividend payments are well 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

Faustin Amoussou

4.08yrs

Tenure

Mr. Faustin Amoussou serves as Managing Director at BANK OF AFRICA – BURKINA FASO since September 2017. He served 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-Burkina Faso's employee growth, exchange listings and data sources


Key Information

  • Name: Bank of Africa-Burkina Faso
  • Ticker: BOABF
  • Exchange: BRVM
  • Founded: 1997
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: XOF121.000b
  • Shares outstanding: 22.00m
  • Website: https://www.boaburkinafaso.com

Number of Employees


Location

  • Bank of Africa-Burkina Faso
  • 770, Sector 4
  • Rue Victor Ouédraogo
  • Ouagadougou
  • Burkina Faso

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 16:00
End of Day Share Price2021/10/15 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.