company background image
BOAS

Bank Of Africa SenegalBRVM:BOAS Stock Report

Market Cap

XOF58.8b

7D

2.1%

1Y

84.2%

Updated

20 Oct, 2021

Data

Company Financials
BOAS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends2/6

BOAS Overview

Bank Of Africa Senegal provides banking products and services for individuals, businesses, and small and medium sized enterprises in Senegal.

Price History & Performance

Summary of all time highs, changes and price drops for Bank Of Africa Senegal
Historical stock prices
Current Share PriceXOF2,450.00
52 Week HighXOF0
52 Week LowXOF0
Beta0.044
1 Month Change8.41%
3 Month Change28.95%
1 Year Change84.21%
3 Year Change22.50%
5 Year Change-2.00%
Change since IPO41.35%

Recent News & Updates

Shareholder Returns

BOASCI BanksCI Market
7D2.1%-1.1%-0.02%
1Y84.2%40.2%52.6%

Return vs Industry: BOAS exceeded the CI Banks industry which returned 40.2% over the past year.

Return vs Market: BOAS exceeded the CI Market which returned 52.6% over the past year.

Price Volatility

Is BOAS's price volatile compared to industry and market?
BOAS volatility
BOAS Beta0.044
Industry Beta0.44
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2001347Abdel Zampalegrehttps://www.boasenegal.com

Bank Of Africa Senegal provides banking products and services for individuals, businesses, and small and medium sized enterprises in Senegal. The company offers current, savings, investment, and currency accounts; term deposits; home, education, consumer, car, and equipment loans; cards; digital banking; and insurance services. It also provides credits, cash and overdraft facilities, bonds, investment financing, documentary operations, documentary discounts and credits, letters of credit, currency drafts, international transfers, guarantee letters, and money transfers.

Bank Of Africa Senegal Fundamentals Summary

How do Bank Of Africa Senegal's earnings and revenue compare to its market cap?
BOAS fundamental statistics
Market CapXOF58.80b
Earnings (TTM)XOF9.13b
Revenue (TTM)XOF28.02b

6.4x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOAS income statement (TTM)
RevenueXOF28.02b
Cost of RevenueXOF0
Gross ProfitXOF28.02b
ExpensesXOF18.88b
EarningsXOF9.13b

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)380.50
Gross Margin100.00%
Net Profit Margin32.60%
Debt/Equity Ratio289.1%

How did BOAS perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

47%

Payout Ratio

Valuation

Is Bank Of Africa Senegal undervalued compared to its fair value and its price relative to the market?

36.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOAS (CFA2450) is trading below our estimate of fair value (CFA3882.56)

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


Price To Earnings Ratio

PE vs Industry: BOAS is good value based on its PE Ratio (6.4x) compared to the CI Banks industry average (7.1x).

PE vs Market: BOAS is good value based on its PE Ratio (6.4x) compared to the CI market (8.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BOAS is good value based on its PB Ratio (1.3x) compared to the CI Banks industry average (1.7x).


Future Growth

How is Bank Of Africa Senegal 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 Senegal 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 Senegal performed over the past 5 years?

14.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOAS has high quality earnings.

Growing Profit Margin: BOAS's current net profit margins (32.6%) are higher than last year (32.3%).


Past Earnings Growth Analysis

Earnings Trend: BOAS's earnings have grown by 14.3% per year over the past 5 years.

Accelerating Growth: BOAS's earnings growth over the past year (5.1%) is below its 5-year average (14.3% per year).

Earnings vs Industry: BOAS earnings growth over the past year (5.1%) underperformed the Banks industry 14.2%.


Return on Equity

High ROE: BOAS's Return on Equity (19.6%) is considered low.


Financial Health

How is Bank Of Africa Senegal'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: BOAS's Assets to Equity ratio (12.1x) is moderate.

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

Low Risk Liabilities: 72% of BOAS's liabilities are made up of primarily low risk sources of funding.

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

Low Risk Deposits: BOAS's Loans to Deposits ratio (75%) is appropriate.

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


Dividend

What is Bank Of Africa Senegal current dividend yield, its reliability and sustainability?

7.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BOAS's dividend (7.3%) is higher than the bottom 25% of dividend payers in the CI market (4.09%).

High Dividend: BOAS's dividend (7.3%) is low compared to the top 25% of dividend payers in the CI market (9.72%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, BOAS has been paying a dividend for less than 10 years.

Growing Dividend: BOAS's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47%), BOAS'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

Abdel Zampalegre

no data

Tenure

Mr. Abdel Mumin Zampalegre serves as General Director and Managing Director at BANK OF AFRICA – SÉNÉGAL.


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 Senegal's employee growth, exchange listings and data sources


Key Information

  • Name: Bank Of Africa Senegal
  • Ticker: BOAS
  • Exchange: BRVM
  • Founded: 2001
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: XOF58.800b
  • Shares outstanding: 24.00m
  • Website: https://www.boasenegal.com

Number of Employees


Location

  • Bank Of Africa Senegal
  • Elan Building
  • Route de Ngor
  • Dakar
  • Senegal

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 22:08
End of Day Share Price2021/10/20 00:00
Earnings2021/03/31
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.