Commercial International Bank (Egypt) S.A.E provides retail, corporate, and investment banking services in Egypt.
Commercial International Bank (Egypt)E Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م48.00|
|52 Week High||ج.م36.53|
|52 Week Low||ج.م50.25|
|1 Month Change||8.35%|
|3 Month Change||11.42%|
|1 Year Change||-4.19%|
|3 Year Change||-3.31%|
|5 Year Change||54.71%|
|Change since IPO||3,657.10%|
Recent News & Updates
|COMI||EG Banks||EG Market|
Return vs Industry: COMI underperformed the EG Banks industry which returned 4.9% over the past year.
Return vs Market: COMI underperformed the EG Market which returned 10.9% over the past year.
Stable Share Price: COMI is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: COMI's weekly volatility (3%) has been stable over the past year.
About the Company
|1975||7,161||Hussein Mohamed Abaza||https://www.cibeg.com|
Commercial International Bank (Egypt) S.A.E provides retail, corporate, and investment banking services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Others. It offers current and saving accounts, easy accounts, business accounts, time deposits, and certificates of deposit; and personal/overdraft/mortgage, educational, solar, travel, car finance, and unsecured personal loans, as well as revolving overdraft salary upfront services.
Commercial International Bank (Egypt)E Fundamentals Summary
|COMI fundamental statistics|
Is COMI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|COMI income statement (TTM)|
|Cost of Revenue||ج.م0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.15|
|Net Profit Margin||42.08%|
How did COMI perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Commercial International Bank (Egypt)E undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: COMI (EGP48) is trading above our estimate of fair value (EGP34.69)
Significantly Below Fair Value: COMI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: COMI is poor value based on its PE Ratio (9.3x) compared to the EG Banks industry average (4.3x).
PE vs Market: COMI is good value based on its PE Ratio (9.3x) compared to the EG market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: COMI is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: COMI is overvalued based on its PB Ratio (1.5x) compared to the EG Banks industry average (0.6x).
How is Commercial International Bank (Egypt)E forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COMI's forecast earnings growth (16.7% per year) is above the savings rate (9.1%).
Earnings vs Market: COMI's earnings (16.7% per year) are forecast to grow faster than the EG market (14.3% per year).
High Growth Earnings: COMI's earnings are forecast to grow, but not significantly.
Revenue vs Market: COMI's revenue (14.2% per year) is forecast to grow faster than the EG market (10% per year).
High Growth Revenue: COMI's revenue (14.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COMI's Return on Equity is forecast to be low in 3 years time (19%).
How has Commercial International Bank (Egypt)E performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COMI has a high level of non-cash earnings.
Growing Profit Margin: COMI's current net profit margins (42.1%) are higher than last year (40.3%).
Past Earnings Growth Analysis
Earnings Trend: COMI's earnings have grown by 15.6% per year over the past 5 years.
Accelerating Growth: COMI's earnings growth over the past year (0.2%) is below its 5-year average (15.6% per year).
Earnings vs Industry: COMI earnings growth over the past year (0.2%) underperformed the Banks industry 0.2%.
Return on Equity
High ROE: COMI's Return on Equity (17.9%) is considered low.
How is Commercial International Bank (Egypt)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: COMI's Assets to Equity ratio (7.4x) is low.
Allowance for Bad Loans: COMI has a sufficient allowance for bad loans (204%).
Low Risk Liabilities: 95% of COMI's liabilities are made up of primarily low risk sources of funding.
Loan Level: COMI has an appropriate level of Loans to Assets ratio (28%).
Low Risk Deposits: COMI's Loans to Deposits ratio (34%) is appropriate.
Level of Bad Loans: COMI has a high level of bad loans (5.7%).
What is Commercial International Bank (Egypt)E current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COMI's dividend (1.95%) isn’t notable compared to the bottom 25% of dividend payers in the EG market (2.69%).
High Dividend: COMI's dividend (1.95%) is low compared to the top 25% of dividend payers in the EG market (7.44%).
Stability and Growth of Payments
Stable Dividend: COMI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: COMI's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.1%), COMI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COMI's dividends in 3 years are forecast to be well covered by earnings (36.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hussein Mohamed Abaza (59 yo)
Mr. Hussein Mohamed Maged Abaza has been the Chief Executive Officer and Executive Director of Commercial International Bank (Egypt) S.A.E. since March 14, 2017 and serves as its Managing Director since Ju...
Experienced Management: COMI's management team is considered experienced (4.7 years average tenure).
Experienced Board: COMI's board of directors are not considered experienced ( 1.8 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.
Commercial International Bank (Egypt) S.A.E's employee growth, exchange listings and data sources
- Name: Commercial International Bank (Egypt) S.A.E
- Ticker: COMI
- Exchange: CASE
- Founded: 1975
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ج.م94.572b
- Shares outstanding: 1.97b
- Website: https://www.cibeg.com
Number of Employees
- Commercial International Bank (Egypt) S.A.E
- Nile Tower Building
- 21/23 Charles de Gaulle Street
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.