Abu Dhabi Islamic Bank - Egypt -E Valuation
Is ADIB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of ADIB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ADIB (EGP31.35) is trading below our estimate of fair value (EGP50.97)
Significantly Below Fair Value: ADIB is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ADIB?
Other financial metrics that can be useful for relative valuation.
| What is ADIB's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ج.م15.68b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 0.3x |
Price to Earnings Ratio vs Peers
How does ADIB's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 4.3x | ||
HDBK Housing and Development Bank- Egypt (S.A.E) | 3.3x | 4.8% | ج.م21.7b |
CIEB Credit Agricole - Egypt Bank (S.A.E.) | 4.3x | 11.3% | ج.م22.3b |
FAITA Faisal Islamic Bank of Egypt | 6.7x | n/a | US$507.7m |
CANA Suez Canal Bank (S.A.E) | 3x | n/a | ج.م6.1b |
ADIB Abu Dhabi Islamic Bank - Egypt -E | 3.4x | 12.2% | ج.م15.7b |
Price-To-Earnings vs Peers: ADIB is good value based on its Price-To-Earnings Ratio (3.4x) compared to the peer average (4.3x).
Price to Earnings Ratio vs Industry
How does ADIB's PE Ratio compare vs other companies in the African Banks Industry?
Price-To-Earnings vs Industry: ADIB is good value based on its Price-To-Earnings Ratio (3.4x) compared to the African Banks industry average (5.4x).
Price to Earnings Ratio vs Fair Ratio
What is ADIB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 3.4x |
| Fair PE Ratio | 4.3x |
Price-To-Earnings vs Fair Ratio: ADIB is good value based on its Price-To-Earnings Ratio (3.4x) compared to the estimated Fair Price-To-Earnings Ratio (4.3x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ج.م33.24 | ج.م56.20 +69.1% | 24.5% | ج.م75.00 | ج.م32.60 | n/a | 6 |
| Apr ’25 | ج.م40.80 | ج.م51.37 +25.9% | 21.7% | ج.م67.40 | ج.م32.60 | n/a | 6 |
| Mar ’25 | ج.م44.45 | ج.م51.37 +15.6% | 21.7% | ج.م67.40 | ج.م32.60 | n/a | 6 |
| Feb ’25 | ج.م46.80 | ج.م43.38 -7.3% | 24.6% | ج.م61.40 | ج.م29.15 | n/a | 6 |
| Jan ’25 | ج.م39.99 | ج.م43.38 +8.5% | 24.6% | ج.م61.40 | ج.م29.15 | n/a | 6 |
| Dec ’24 | ج.م38.56 | ج.م33.96 -11.9% | 23.6% | ج.م46.00 | ج.م22.00 | n/a | 6 |
| Nov ’24 | ج.م32.98 | ج.م31.54 -4.4% | 23.2% | ج.م46.00 | ج.م22.00 | n/a | 6 |
| Oct ’24 | ج.م27.51 | ج.م30.63 +11.3% | 22.5% | ج.م46.00 | ج.م22.00 | n/a | 7 |
| Sep ’24 | ج.م24.85 | ج.م27.01 +8.7% | 17.2% | ج.م31.80 | ج.م17.29 | n/a | 8 |
| Aug ’24 | ج.م23.66 | ج.م26.36 +11.4% | 16.2% | ج.م31.00 | ج.م17.29 | n/a | 8 |
| Jul ’24 | ج.م23.25 | ج.م26.36 +13.4% | 16.2% | ج.م31.00 | ج.م17.29 | n/a | 8 |
| Jun ’24 | ج.م24.86 | ج.م25.42 +2.3% | 16.2% | ج.م31.00 | ج.م17.29 | n/a | 8 |
| May ’24 | ج.م21.08 | ج.م25.10 +19.1% | 17.1% | ج.م31.00 | ج.م17.29 | ج.م33.24 | 7 |
| Apr ’24 | ج.م18.43 | ج.م25.39 +37.8% | 16.6% | ج.م31.00 | ج.م17.29 | ج.م40.80 | 7 |
| Mar ’24 | ج.م19.93 | ج.م23.67 +18.8% | 15.2% | ج.م28.50 | ج.م17.29 | ج.م44.45 | 8 |
| Feb ’24 | ج.م21.44 | ج.م23.44 +9.3% | 11.1% | ج.م28.50 | ج.م20.60 | ج.م46.80 | 6 |
| Jan ’24 | ج.م17.97 | ج.م22.68 +26.2% | 15.2% | ج.م29.29 | ج.م17.29 | ج.م39.99 | 7 |
| Dec ’23 | ج.م15.67 | ج.م21.32 +36.1% | 18.0% | ج.م29.29 | ج.م16.80 | ج.م38.56 | 7 |
| Nov ’23 | ج.م12.82 | ج.م21.68 +69.1% | 16.9% | ج.م29.29 | ج.م17.29 | ج.م32.98 | 7 |
| Oct ’23 | ج.م13.65 | ج.م21.94 +60.7% | 16.6% | ج.م29.29 | ج.م17.29 | ج.م27.51 | 7 |
| Sep ’23 | ج.م13.51 | ج.م21.69 +60.5% | 16.5% | ج.م29.29 | ج.م17.29 | ج.م24.85 | 7 |
| Aug ’23 | ج.م12.33 | ج.م21.84 +77.2% | 19.3% | ج.م29.29 | ج.م17.29 | ج.م23.66 | 5 |
| Jul ’23 | ج.م11.35 | ج.م20.32 +79.1% | 24.5% | ج.م29.29 | ج.م14.94 | ج.م23.25 | 5 |
| Jun ’23 | ج.م12.08 | ج.م19.92 +64.9% | 21.4% | ج.م29.29 | ج.م14.94 | ج.م24.86 | 7 |
| May ’23 | ج.م12.63 | ج.م19.92 +57.7% | 21.4% | ج.م29.29 | ج.م14.94 | ج.م21.08 | 7 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.