| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
BOAC Overview
Bank of Africa - Côte D’ivoire provides various banking and financial services for individuals and businesses in Ivory Coast.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | XOF4,750.00 |
| 52 Week High | XOF0 |
| 52 Week Low | XOF0 |
| Beta | 0.45 |
| 1 Month Change | -2.26% |
| 3 Month Change | 25.33% |
| 1 Year Change | 71.48% |
| 3 Year Change | 93.88% |
| 5 Year Change | -34.93% |
| Change since IPO | 396.52% |
Recent News & Updates
Shareholder Returns
| BOAC | CI Banks | CI Market | |
|---|---|---|---|
| 7D | 2.6% | -0.7% | 0.2% |
| 1Y | 71.5% | 39.1% | 56.4% |
Return vs Industry: BOAC exceeded the CI Banks industry which returned 39.1% over the past year.
Return vs Market: BOAC exceeded the CI Market which returned 56.4% over the past year.
Price Volatility
| BOAC volatility | |
|---|---|
| BOAC Beta | 0.45 |
| Industry Beta | 0.44 |
| Market Beta | 1 |
Stable Share Price: BOAC is not significantly more volatile than the rest of CI stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BOAC's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | n/a | Vincent Istasse | https://www.boacoteivoire.com |
Bank of Africa - Côte D’ivoire provides various banking and financial services for individuals and businesses in Ivory Coast. It operates 40 branches. The company was founded in 1996 and is based in Abidjan, Ivory Coast.
Bank of Africa - Côte D'ivoire Fundamentals Summary
| BOAC fundamental statistics | |
|---|---|
| Market Cap | XOF95.00b |
| Earnings (TTM) | XOF14.96b |
| Revenue (TTM) | XOF35.07b |
6.4x
P/E Ratio1.8x
P/B RatioIs BOAC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BOAC income statement (TTM) | |
|---|---|
| Revenue | XOF35.07b |
| Cost of Revenue | XOF0 |
| Gross Profit | XOF35.07b |
| Expenses | XOF20.11b |
| Earnings | XOF14.96b |
Last Reported Earnings
Jun 30, 2020
Next Earnings Date
n/a
| Earnings per share (EPS) | 748.00 |
| Gross Margin | 100.00% |
| Net Profit Margin | 42.66% |
| Debt/Equity Ratio | 0.003% |
How did BOAC perform over the long term?
See historical performance and comparisonDividends
7.4%
Current Dividend Yieldn/a
Payout RatioValuation
Is Bank of Africa - Côte D'ivoire undervalued compared to its fair value and its price relative to the market?
6.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BOAC (CFA4750) is trading above our estimate of fair value (CFA3793.29)
Significantly Below Fair Value: BOAC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BOAC is good value based on its PE Ratio (6.4x) compared to the CI Banks industry average (7.1x).
PE vs Market: BOAC is good value based on its PE Ratio (6.4x) compared to the CI market (7.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BOAC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BOAC is overvalued based on its PB Ratio (1.8x) compared to the CI Banks industry average (1.6x).
Future Growth
How is Bank of Africa - Côte D'ivoire 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 - Côte D'ivoire 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 - Côte D'ivoire performed over the past 5 years?
28.1%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: BOAC has high quality earnings.
Growing Profit Margin: BOAC's current net profit margins (42.7%) are higher than last year (36.1%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if BOAC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare BOAC's past year earnings growth to its 5-year average.
Earnings vs Industry: BOAC earnings growth over the past year (28.1%) exceeded the Banks industry 14.2%.
Return on Equity
High ROE: BOAC's Return on Equity (28%) is considered high.
Financial Health
How is Bank of Africa - Côte D'ivoire'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: BOAC's Assets to Equity ratio (13.4x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if BOAC has a sufficient allowance for bad loans.
Low Risk Liabilities: 98% of BOAC's liabilities are made up of primarily low risk sources of funding.
Loan Level: BOAC has an appropriate level of Loans to Assets ratio (46%).
Low Risk Deposits: BOAC's Loans to Deposits ratio (51%) is appropriate.
Level of Bad Loans: Insufficient data to determine if BOAC has an appropriate level of bad loans.
Dividend
What is Bank of Africa - Côte D'ivoire current dividend yield, its reliability and sustainability?
7.37%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BOAC's dividend (7.37%) is higher than the bottom 25% of dividend payers in the CI market (3.75%).
High Dividend: BOAC's dividend (7.37%) is low compared to the top 25% of dividend payers in the CI market (9.79%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BOAC has been paying a dividend for less than 10 years.
Growing Dividend: BOAC's dividend payments have increased, but the company has only paid a dividend for 8 years.
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: 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
Vincent Istasse
no data
Tenure
Mr. Vincent Istasse serves as Managing Director of BANK OF AFRICA – CÔTE D'IVOIRE.
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 - Côte D'ivoire's employee growth, exchange listings and data sources
Key Information
- Name: Bank of Africa - Côte D'ivoire
- Ticker: BOAC
- Exchange: BRVM
- Founded: 1996
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: XOF95.000b
- Shares outstanding: 20.00m
- Website: https://www.boacoteivoire.com
Number of Employees
Location
- Bank of Africa - Côte D'ivoire
- Corner Avenue Terrasson de Fougères and Rue Gourgas
- Abidjan Plateau
- Abidjan
- 1
- Ivory Coast
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 | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.