Abu Dhabi Islamic Bank - Egypt -E (CASE:ADIB) - Stock Price, News & Analysis

ADIB Stock Overview

Provides various banking products and services to individuals and corporates in Egypt and internationally. More details

ADIB fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 46.1% below our estimate of its fair value

Earnings have grown 43.1% per year over the past 5 years

Risk Analysis

No risks detected for ADIB from our risk checks.

Abu Dhabi Islamic Bank - Egypt - S.A.E Competitors

Credit Agricole - Egypt Bank (S.A.E.)

CASE:CIEB

ج.م27.1b

Housing and Development Bank- Egypt (S.A.E)

CASE:HDBK

ج.م28.2b

Faisal Islamic Bank of Egypt

CASE:FAITA

US$588.5m

Suez Canal Bank (S.A.E)

CASE:CANA

ج.م10.9b

Price History & Performance

Summary of all time highs, changes and price drops for Abu Dhabi Islamic Bank - Egypt -E
Historical stock prices
Current Share Price	ج.م42.40
52 Week High	ج.م49.08
52 Week Low	ج.م25.95
Beta	0.67
11 Month Change	15.22%
3 Month Change	-1.14%
1 Year Change	40.44%
33 Year Change	267.36%
5 Year Change	301.26%
Change since IPO	148.15%

Recent updates

Shareholder Returns

	ADIB	EG Banks	EG Market
7D	-0.3%	-0.5%	-1.7%
1Y	40.4%	14.5%	27.8%

Return vs Industry: ADIB exceeded the EG Banks industry which returned 13% over the past year.

Return vs Market: ADIB exceeded the EG Market which returned 29% over the past year.

Price Volatility

Is ADIB's price volatile compared to industry and market?
ADIB volatility
ADIB Average Weekly Movement	4.1%
Banks Industry Average Movement	4.1%
Market Average Movement	5.4%
10% most volatile stocks in EG Market	9.8%
10% least volatile stocks in EG Market	3.8%

Stable Share Price: ADIB has not had significant price volatility in the past 3 months compared to the EG market.

Volatility Over Time: ADIB's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1974	2,426	Mohamed Aly	www.adib.eg

Abu Dhabi Islamic Bank - Egypt - S.A.E provides various banking products and services to individuals and corporates in Egypt and internationally. The company operates through Large, Medium and Small Enterprises; Investment; Retail; and Other Activities segments. It offers personal banking solutions comprising current, tiered monthly saving, investment, charitable, and saving accounts; prepaid, credit, cash back, business, and debit cards; El Yosr finance, small business finance, and auto and used auto Murabaha solutions; lockers; custody services; real estate and personal finance; investment; internet, mobile, and private banking services.

Abu Dhabi Islamic Bank - Egypt - S.A.E Fundamentals Summary

How do Abu Dhabi Islamic Bank - Egypt -E's earnings and revenue compare to its market cap?
ADIB fundamental statistics
Market cap	ج.م25.44b
Earnings (TTM)	ج.م7.92b
Revenue (TTM)	ج.م14.02b

3.2x

P/E Ratio

1.2x

P/B Ratio

Is ADIB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADIB income statement (TTM)
Revenue	ج.م14.02b
Cost of Revenue	ج.م0
Gross Profit	ج.م14.02b
Other Expenses	ج.م6.10b
Earnings	ج.م7.92b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	13.20
Gross Margin	100.00%
Net Profit Margin	56.50%
Debt/Equity Ratio	33.3%

How did ADIB perform over the long term?

See historical performance and comparison

ADIB Stock Overview

Rewards

Risk Analysis

Abu Dhabi Islamic Bank - Egypt - S.A.E Competitors

CASE:CIEB

ج.م27.1b

CASE:HDBK

ج.م28.2b

CASE:FAITA

US$588.5m

CASE:CANA

ج.م10.9b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ج.م7.15 (vs ج.م1.97 in 3Q 2023)

Now 21% undervalued

Consensus EPS estimates increase by 21%

Investor sentiment improves as stock rises 18%

Now 22% overvalued

Price target increased by 12% to ج.م63.04

Recent updates

Third quarter 2024 earnings released: EPS: ج.م7.15 (vs ج.م1.97 in 3Q 2023)

Now 21% undervalued

Consensus EPS estimates increase by 21%

Investor sentiment improves as stock rises 18%

Now 22% overvalued

Price target increased by 12% to ج.م63.04

First quarter 2024 earnings released: EPS: ج.م3.71 (vs ج.م2.12 in 1Q 2023)

Investor sentiment deteriorates as stock falls 15%

Now 22% undervalued after recent price drop

Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer

Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer

Investor sentiment deteriorates as stock falls 15%

Now 21% undervalued

Investor sentiment improves as stock rises 26%

ADIB Egypt Withdraws MTO for 100% Stake in Cairo National for Investment

Full year 2023 earnings released: EPS: ج.م8.67 (vs ج.م7.45 in FY 2022)

ADIB Egypt to Submit MTO for 100% Stake in Cairo National for Investment

Investor sentiment improves as stock rises 15%

Consensus EPS estimates increase by 10%

Investor sentiment improves as stock rises 23%

Consensus EPS estimates increase by 13%, revenue downgraded

Price target increased by 9.8% to ج.م28.93

Consensus revenue estimates increase by 32%

Now 20% undervalued

Second quarter 2023 earnings released: EPS: ج.م2.21 (vs ج.م2.43 in 2Q 2022)

Now 21% undervalued

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Price target increased by 7.4% to ج.م25.42

First quarter 2023 earnings released: EPS: ج.م2.12 (vs ج.م1.87 in 1Q 2022)

Now 21% undervalued

Price target increased by 7.3% to ج.م25.39

Price target increased by 7.3% to ج.م25.39

Price target increased to ج.م23.57

Investor sentiment improved over the past week

Less than half of directors are independent

Price target increased to ج.م21.91

Abu Dhabi Islamic Bank - Egypt S.A.E. announced that it expects to receive EGP 1 billion in funding

Less than half of directors are independent

Abu Dhabi Islamic Bank - Egypt S.A.E. announced that it expects to receive EGP 2 billion in funding

Price target increased to ج.م19.92

Price target increased to ج.م17.70

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Compass Capital made a mandatory tender offer to acquire Alexandria National Company For Financial Investment SAE (CASE:ANFI) from El Kahera El Watania Investment (CASE:KWIN), Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 29.8 million.

Tycoon Holding made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 26.1 million.

Price target increased to ج.م16.94

Consensus forecasts updated

Zeta Investment made an offer to acquire 90% in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 25.9 million.

Price target raised to ج.م16.55

Zaldi Capital and other investors made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 25.9 million.

A group of investors represented by Ahmed Farouk made an offer to acquire 85% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB), El Kahera El Watania Investment (CASE:KWIN) and others for EGP 23.6 million.

Kayan for Sustainable Development made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 24.9 million.

New 90-day high: ج.م12.24

New 90-day high - ج.م11.54

New 90-day high - ج.م10.31

Shareholder Returns

Price Volatility