Suez Canal Bank (S.A.E) provides retail, corporate, and investment banking services in Egypt.
No risks detected for CANA from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م10.15|
|52 Week High||ج.م8.74|
|52 Week Low||ج.م15.40|
|1 Month Change||-8.31%|
|3 Month Change||-16.39%|
|1 Year Change||2.24%|
|3 Year Change||57.92%|
|5 Year Change||246.74%|
|Change since IPO||-71.52%|
Recent News & Updates
|CANA||EG Banks||EG Market|
Return vs Industry: CANA underperformed the EG Banks industry which returned 7.4% over the past year.
Return vs Market: CANA underperformed the EG Market which returned 12.2% over the past year.
Stable Share Price: CANA is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CANA's weekly volatility (6%) has been stable over the past year.
About the Company
|1978||1,371||Hussein Ahmed El-Refaie||https://www.scbank.com.eg|
Suez Canal Bank (S.A.E) provides retail, corporate, and investment banking services in Egypt. The company offers personal banking products and services, including savings, El-Hassala, and current accounts; time deposits; advanced interest deposits; certificates of deposit; debit and credit cards; and mutual funds. It also provides custodian services comprising bookkeeping services of stocks and bonds, execution of buy/sell orders on behalf of its customers, collecting due coupons on behalf of its customers, subscription of new issues, and pledging and freezing of securities.
Suez Canal Bank (S.A.E) Fundamentals Summary
|CANA fundamental statistics|
Is CANA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CANA income statement (TTM)|
|Cost of Revenue||ج.م0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.56|
|Net Profit Margin||29.13%|
How did CANA perform over the long term?See historical performance and comparison
Is Suez Canal Bank (S.A.E) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CANA (EGP10.15) is trading below our estimate of fair value (EGP12.34)
Significantly Below Fair Value: CANA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CANA is good value based on its PE Ratio (4x) compared to the African Banks industry average (6.7x).
PE vs Market: CANA is good value based on its PE Ratio (4x) compared to the EG market (8.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CANA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CANA is good value based on its PB Ratio (0.6x) compared to the XF Banks industry average (0.9x).
How is Suez Canal Bank (S.A.E) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Suez Canal Bank (S.A.E) 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.
How has Suez Canal Bank (S.A.E) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CANA has high quality earnings.
Growing Profit Margin: CANA's current net profit margins (29.1%) are higher than last year (28%).
Past Earnings Growth Analysis
Earnings Trend: CANA's earnings have grown significantly by 20.6% per year over the past 5 years.
Accelerating Growth: CANA's earnings growth over the past year (16.6%) is below its 5-year average (20.6% per year).
Earnings vs Industry: CANA earnings growth over the past year (16.6%) exceeded the Banks industry 0.2%.
Return on Equity
High ROE: CANA's Return on Equity (15.6%) is considered low.
How is Suez Canal Bank (S.A.E)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CANA's Assets to Equity ratio (13.6x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if CANA has a sufficient allowance for bad loans.
Low Risk Liabilities: 96% of CANA's liabilities are made up of primarily low risk sources of funding.
Loan Level: CANA has an appropriate level of Loans to Assets ratio (38%).
Low Risk Deposits: CANA's Loans to Deposits ratio (42%) is appropriate.
Level of Bad Loans: Insufficient data to determine if CANA has an appropriate level of bad loans.
What is Suez Canal Bank (S.A.E) current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CANA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CANA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CANA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CANA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CANA is not paying a notable dividend for the EG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CANA's dividend in 3 years as they are not forecast to pay a notable one for the EG market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hussein Ahmed El-Refaie
Mr. Hussein Ahmed Ismail El-Refaie serves as Managing Director at Suez Canal Bank (SAE) since May 9, 2017, and has been its Chairperson since 2017. He has been a Director of Suez Canal Bank (SAE) since May...
Experienced Board: CANA's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Suez Canal Bank (S.A.E)'s employee growth, exchange listings and data sources
- Name: Suez Canal Bank (S.A.E)
- Ticker: CANA
- Exchange: CASE
- Founded: 1978
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ج.م2.233b
- Shares outstanding: 220.00m
- Website: https://www.scbank.com.eg
Number of Employees
- Suez Canal Bank (S.A.E)
- 7 & 9 Abdel Kader Hamza Street
- Garden City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:47|
|End of Day Share Price||2021/10/25 00:00|
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.