FAITA Stock Overview
Faisal Islamic Bank of Egypt provides commercial banking products and services in Egypt and internationally.
No risks detected for FAITA from our risk checks.
Faisal Islamic Bank of Egypt Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$1.00|
|52 Week High||US$1.07|
|52 Week Low||US$0.83|
|1 Month Change||-0.10%|
|3 Month Change||1.84%|
|1 Year Change||18.11%|
|3 Year Change||43.59%|
|5 Year Change||46.75%|
|Change since IPO||338.90%|
Recent News & Updates
|FAITA||EG Banks||EG Market|
Return vs Industry: FAITA exceeded the EG Banks industry which returned -7.3% over the past year.
Return vs Market: FAITA exceeded the EG Market which returned -11% over the past year.
|FAITA Average Weekly Movement||0.8%|
|Banks Industry Average Movement||3.3%|
|Market Average Movement||5.7%|
|10% most volatile stocks in EG Market||9.1%|
|10% least volatile stocks in EG Market||3.1%|
Stable Share Price: FAITA is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: FAITA's weekly volatility (1%) has been stable over the past year.
About the Company
|1977||n/a||Abdelhameed Abou Moussa||https://www.faisalbank.com.eg|
Faisal Islamic Bank of Egypt provides commercial banking products and services in Egypt and internationally. It offers current and investment accounts, and joint accounts; saving certificates; and mutual funds. The company also conducts its funding financing activities through various financing modes, including Musharaka, Legitimate Mudaraba, Murabaha and Salam sale, Ijara services, and Istissnaa.
Faisal Islamic Bank of Egypt Fundamentals Summary
|FAITA fundamental statistics|
Is FAITA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FAITA income statement (TTM)|
|Cost of Revenue||ج.م0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||6.07|
|Net Profit Margin||55.68%|
How did FAITA perform over the long term?See historical performance and comparison
6.4%Current Dividend Yield
Is FAITA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FAITA?
Other financial metrics that can be useful for relative valuation.
|What is FAITA's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FAITA's PE Ratio compare to its peers?
|FAITA PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CIEB Credit Agricole - Egypt Bank (S.A.E.)
HDBK Housing and Development Bank- Egypt (S.A.E)
ADIB Abu Dhabi Islamic Bank - EgyptE
QNBA QNB AlahliE
FAITA Faisal Islamic Bank of Egypt
Price-To-Earnings vs Peers: FAITA is expensive based on its Price-To-Earnings Ratio (3.2x) compared to the peer average (3.1x).
Price to Earnings Ratio vs Industry
How does FAITA's PE Ratio compare vs other companies in the African Banks Industry?
Price-To-Earnings vs Industry: FAITA is good value based on its Price-To-Earnings Ratio (3.2x) compared to the African Banks industry average (5.4x)
Price to Earnings Ratio vs Fair Ratio
What is FAITA'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.
|Current PE Ratio||3.2x|
|Fair PE Ratio||4x|
Price-To-Earnings vs Fair Ratio: FAITA is good value based on its Price-To-Earnings Ratio (3.2x) compared to the estimated Fair Price-To-Earnings Ratio (4x).
Share Price vs Fair Value
What is the Fair Price of FAITA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FAITA ($1) is trading below our estimate of fair value ($1325.58)
Significantly Below Fair Value: FAITA is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Faisal Islamic Bank of Egypt forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FAITA's forecast earnings growth (9.1% per year) is above the savings rate (8.9%).
Earnings vs Market: FAITA's earnings (9.1% per year) are forecast to grow slower than the EG market (11% per year).
High Growth Earnings: FAITA's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if FAITA's revenue is forecast to grow faster than the EG market.
High Growth Revenue: Insufficient data to determine if FAITA's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FAITA's Return on Equity is forecast to be low in 3 years time (17.3%).
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How has Faisal Islamic Bank of Egypt performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FAITA has high quality earnings.
Growing Profit Margin: FAITA's current net profit margins (55.7%) are higher than last year (42.1%).
Past Earnings Growth Analysis
Earnings Trend: FAITA's earnings have grown by 2.6% per year over the past 5 years.
Accelerating Growth: FAITA's earnings growth over the past year (53.6%) exceeds its 5-year average (2.6% per year).
Earnings vs Industry: FAITA earnings growth over the past year (53.6%) exceeded the Banks industry 22.7%.
Return on Equity
High ROE: FAITA's Return on Equity (20.7%) is considered high.
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How is Faisal Islamic Bank of Egypt's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score4/6
Financial Health Score 4/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FAITA's Assets to Equity ratio (7.4x) is low.
Allowance for Bad Loans: Insufficient data to determine if FAITA has a sufficient allowance for bad loans.
Low Risk Liabilities: 95% of FAITA's liabilities are made up of primarily low risk sources of funding.
Loan Level: FAITA has an appropriate level of Loans to Assets ratio (8%).
Low Risk Deposits: FAITA's Loans to Deposits ratio (10%) is appropriate.
Level of Bad Loans: Insufficient data to determine if FAITA has an appropriate level of bad loans.
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What is Faisal Islamic Bank of Egypt current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
|Faisal Islamic Bank of Egypt Dividend Yield vs Market|
|Company (Faisal Islamic Bank of Egypt)||6.4%|
|Market Bottom 25% (EG)||3.5%|
|Market Top 25% (EG)||10.6%|
|Industry Average (Banks)||4.7%|
|Analyst forecast in 3 Years (Faisal Islamic Bank of Egypt)||4.7%|
Notable Dividend: FAITA's dividend (6.41%) is higher than the bottom 25% of dividend payers in the EG market (3.55%).
High Dividend: FAITA's dividend (6.41%) is low compared to the top 25% of dividend payers in the EG market (10.68%).
Stability and Growth of Payments
Stable Dividend: FAITA's dividends per share have been stable in the past 10 years.
Growing Dividend: FAITA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (0.02%), FAITA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
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How experienced are the management team and are they aligned to shareholders interests?
Abdelhameed Abou Moussa (82 yo)
Mr. Abdelhameed Mohamed Abou Moussa is Governor and Director of Faisal Islamic Bank of Egypt. Mr. Abou Moussa worked in the Central Bank of Egypt for 16 years and is a Member of the Coordinating Council th...
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.
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||93,266,431||15.4%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Faisal Islamic Bank of Egypt's employee growth, exchange listings and data sources
- Name: Faisal Islamic Bank of Egypt
- Ticker: FAITA
- Exchange: CASE
- Founded: 1977
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: US$541.507m
- Shares outstanding: 605.55m
- Website: https://www.faisalbank.com.eg
- Faisal Islamic Bank of Egypt
- 3, 26th July Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FAITA||CASE (Cairo and Alexandria Stock Exchange)||Yes||US Dollar Shares||EG||USD||Nov 2004|
|FAIT||CASE (Cairo and Alexandria Stock Exchange)||Egyptian Pound Shares||EG||EGP||Sep 2006|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/04 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.