Credit Agricole - Egypt Bank (S.A.E.) provides corporate, retail, and investment banking services in the Arab Republic of Egypt and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م27.48|
|52 Week High||ج.م21.05|
|52 Week Low||ج.م30.45|
|1 Month Change||-0.62%|
|3 Month Change||15.37%|
|1 Year Change||3.78%|
|3 Year Change||-32.98%|
|5 Year Change||35.04%|
|Change since IPO||-78.78%|
Recent News & Updates
|CIEB||EG Banks||EG Market|
Return vs Industry: CIEB underperformed the EG Banks industry which returned 4.9% over the past year.
Return vs Market: CIEB underperformed the EG Market which returned 10.9% over the past year.
Stable Share Price: CIEB is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CIEB's weekly volatility (3%) has been stable over the past year.
About the Company
Credit Agricole - Egypt Bank (S.A.E.) provides corporate, retail, and investment banking services in the Arab Republic of Egypt and internationally. The company operates through Large, Medium, and Small Enterprises; Investment; Retail; and Asset and Liability Management segments. It offers current, savings, quattro, and daily accounts, as well as time deposits, certificates of deposit, and overdraft accounts; prepaid, debit, and credit cards; and cash, car, and housing loans, as well as finance against deposits and mortgage finance.
Credit Agricole - Egypt Bank (S.A.E.) Fundamentals Summary
|CIEB fundamental statistics|
Is CIEB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CIEB income statement (TTM)|
|Cost of Revenue||ج.م0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.62|
|Net Profit Margin||42.21%|
How did CIEB perform over the long term?See historical performance and comparison
12.4%Current Dividend Yield
Is Credit Agricole - Egypt 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: CIEB (EGP27.48) is trading below our estimate of fair value (EGP28.03)
Significantly Below Fair Value: CIEB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CIEB is poor value based on its PE Ratio (5.9x) compared to the EG Banks industry average (4.3x).
PE vs Market: CIEB is good value based on its PE Ratio (5.9x) compared to the EG market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: CIEB is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: CIEB is overvalued based on its PB Ratio (1.1x) compared to the EG Banks industry average (0.6x).
How is Credit Agricole - Egypt Bank (S.A.E.) forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CIEB's forecast earnings growth (9.2% per year) is above the savings rate (9.1%).
Earnings vs Market: CIEB's earnings (9.2% per year) are forecast to grow slower than the EG market (14.3% per year).
High Growth Earnings: CIEB's earnings are forecast to grow, but not significantly.
Revenue vs Market: CIEB's revenue (5.9% per year) is forecast to grow slower than the EG market (10% per year).
High Growth Revenue: CIEB's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CIEB's Return on Equity is forecast to be low in 3 years time (19%).
How has Credit Agricole - Egypt Bank (S.A.E.) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIEB has high quality earnings.
Growing Profit Margin: CIEB's current net profit margins (42.2%) are lower than last year (47.9%).
Past Earnings Growth Analysis
Earnings Trend: CIEB's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: CIEB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CIEB had negative earnings growth (-18.2%) over the past year, making it difficult to compare to the Banks industry average (0.2%).
Return on Equity
High ROE: CIEB's Return on Equity (18.4%) is considered low.
How is Credit Agricole - Egypt 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: CIEB's Assets to Equity ratio (7.1x) is low.
Allowance for Bad Loans: CIEB has a sufficient allowance for bad loans (137%).
Low Risk Liabilities: 93% of CIEB's liabilities are made up of primarily low risk sources of funding.
Loan Level: CIEB has an appropriate level of Loans to Assets ratio (50%).
Low Risk Deposits: CIEB's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: CIEB has a high level of bad loans (3.7%).
What is Credit Agricole - Egypt Bank (S.A.E.) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CIEB's dividend (12.45%) is higher than the bottom 25% of dividend payers in the EG market (2.69%).
High Dividend: CIEB's dividend (12.45%) is in the top 25% of dividend payers in the EG market (7.44%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CIEB has been paying a dividend for less than 10 years.
Growing Dividend: CIEB's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74%), CIEB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CIEB's dividends in 3 years are forecast to be covered by earnings (51.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jean Pierre Trinelle serves as Managing Director at Credit Agricole - Egypt Bank (SAE) since January 11, 2021.
Experienced Management: CIEB's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Experienced Board: CIEB's board of directors are considered experienced (3.9 years average tenure).
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.
Credit Agricole - Egypt Bank (S.A.E.)'s employee growth, exchange listings and data sources
- Name: Credit Agricole - Egypt Bank (S.A.E.)
- Ticker: CIEB
- Exchange: CASE
- Founded: 2006
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ج.م8.544b
- Shares outstanding: 310.92m
- Website: https://www.ca-egypt.com
Number of Employees
- Credit Agricole - Egypt Bank (S.A.E.)
- Ring Road exit to 90th street
- 1st right to Choueifat area
- New Cairo
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 14:31|
|End of Day Share Price||2021/10/18 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.