Housing and Development Bank- Egypt (S.A.E), an investments and business bank, provides corporate and retail banking services in Egypt.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م39.30|
|52 Week High||ج.م25.00|
|52 Week Low||ج.م42.00|
|1 Month Change||0.80%|
|3 Month Change||9.96%|
|1 Year Change||30.57%|
|3 Year Change||0.96%|
|5 Year Change||171.03%|
|Change since IPO||154.93%|
Recent News & Updates
|HDBK||EG Banks||EG Market|
Return vs Industry: HDBK exceeded the EG Banks industry which returned 3.4% over the past year.
Return vs Market: HDBK exceeded the EG Market which returned 9.2% over the past year.
Stable Share Price: HDBK is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HDBK's weekly volatility (5%) has been stable over the past year.
About the Company
Housing and Development Bank- Egypt (S.A.E), an investments and business bank, provides corporate and retail banking services in Egypt. It operates through Corporate, Medium & Small Sized Enterprise, Investments, Retail, and Other Activities segments. The company offers current, saving, and deposit accounts, as well as deposit certificates and term deposits.
Housing and Development Bank- Egypt (S.A.E) Fundamentals Summary
|HDBK fundamental statistics|
Is HDBK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HDBK income statement (TTM)|
|Cost of Revenue||ج.م0|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||13.82|
|Net Profit Margin||48.07%|
How did HDBK perform over the long term?See historical performance and comparison
Is Housing and Development Bank- Egypt (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: HDBK (EGP39.3) is trading below our estimate of fair value (EGP152.52)
Significantly Below Fair Value: HDBK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HDBK is good value based on its PE Ratio (2.8x) compared to the EG Banks industry average (4x).
PE vs Market: HDBK is good value based on its PE Ratio (2.8x) compared to the EG market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: HDBK is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: HDBK's PB Ratio (0.6x) is in line with the EG Banks industry average.
How is Housing and Development Bank- Egypt (S.A.E) forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HDBK's forecast earnings growth (9.5% per year) is above the savings rate (9.1%).
Earnings vs Market: HDBK's earnings (9.5% per year) are forecast to grow slower than the EG market (14.5% per year).
High Growth Earnings: HDBK's earnings are forecast to grow, but not significantly.
Revenue vs Market: HDBK's revenue (5.7% per year) is forecast to grow slower than the EG market (9.9% per year).
High Growth Revenue: HDBK's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HDBK's Return on Equity is forecast to be low in 3 years time (16%).
How has Housing and Development Bank- Egypt (S.A.E) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HDBK has a high level of non-cash earnings.
Growing Profit Margin: HDBK's current net profit margins (48.1%) are lower than last year (50.4%).
Past Earnings Growth Analysis
Earnings Trend: HDBK's earnings have grown significantly by 22.5% per year over the past 5 years.
Accelerating Growth: HDBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HDBK had negative earnings growth (-5.3%) over the past year, making it difficult to compare to the Banks industry average (0.2%).
Return on Equity
High ROE: HDBK's Return on Equity (22.3%) is considered high.
How is Housing and Development Bank- Egypt (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: HDBK's Assets to Equity ratio (7.1x) is low.
Allowance for Bad Loans: HDBK has a sufficient allowance for bad loans (121%).
Low Risk Liabilities: 90% of HDBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: HDBK has an appropriate level of Loans to Assets ratio (31%).
Low Risk Deposits: HDBK's Loans to Deposits ratio (40%) is appropriate.
Level of Bad Loans: HDBK has a high level of bad loans (7.8%).
What is Housing and Development Bank- Egypt (S.A.E) current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HDBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HDBK'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 HDBK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HDBK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HDBK is not paying a notable dividend for the EG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HDBK'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?
Mr. Hassan Esmaiel Ghanem is Chairman & MD at Housing and Development Bank - Egypt (S.A.E). Mr. Ghanem was the Vice Chairman, MD and Managing Director of Banking Affairs at Housing and Development Bank - E...
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.
Housing and Development Bank- Egypt (S.A.E)'s employee growth, exchange listings and data sources
- Name: Housing and Development Bank- Egypt (S.A.E)
- Ticker: HDBK
- Exchange: CASE
- Founded: 1979
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ج.م5.966b
- Shares outstanding: 151.80m
- Website: https://www.hdb-egy.com
Number of Employees
- Housing and Development Bank- Egypt (S.A.E)
- 26 El Koroum Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 14:31|
|End of Day Share Price||2021/10/20 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.