| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
SAUD Overview
alBaraka Bank Egypt S.A.E. provides Islamic banking products and services in Egypt.
Rewards
Risk Analysis
No risks detected for SAUD from our risk checks.
alBaraka Bank EgyptE Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ج.م13.11 |
| 52 Week High | ج.م10.00 |
| 52 Week Low | ج.م14.95 |
| Beta | 0.38 |
| 1 Month Change | -2.02% |
| 3 Month Change | -1.06% |
| 1 Year Change | 29.67% |
| 3 Year Change | 21.08% |
| 5 Year Change | 152.62% |
| Change since IPO | 244.18% |
Recent News & Updates
Shareholder Returns
| SAUD | EG Banks | EG Market | |
|---|---|---|---|
| 7D | 0.2% | -0.6% | 3.0% |
| 1Y | 29.7% | 9.5% | 12.4% |
Return vs Industry: SAUD exceeded the EG Banks industry which returned 7.4% over the past year.
Return vs Market: SAUD exceeded the EG Market which returned 12.2% over the past year.
Price Volatility
| SAUD volatility | |
|---|---|
| SAUD Beta | 0.38 |
| Industry Beta | 0.38 |
| Market Beta | 1 |
Stable Share Price: SAUD is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SAUD's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 970 | Hazem Hussein Hegazy | https://www.albaraka-bank.com.eg |
alBaraka Bank Egypt S.A.E. provides Islamic banking products and services in Egypt. It offers retail products, payment cards, and syndicated facilities; and commercial activities financing, as well as small and medium enterprises financing services. The company also provides import and export trade finance, regional international connections, and consulting services; exchange rate services; investment funds; and investment trustee and real estate agency services.
alBaraka Bank EgyptE Fundamentals Summary
| SAUD fundamental statistics | |
|---|---|
| Market Cap | ج.م2.90b |
| Earnings (TTM) | ج.م1.15b |
| Revenue (TTM) | ج.م2.39b |
2.5x
P/E Ratio0.5x
P/B RatioIs SAUD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SAUD income statement (TTM) | |
|---|---|
| Revenue | ج.م2.39b |
| Cost of Revenue | ج.م0 |
| Gross Profit | ج.م2.39b |
| Expenses | ج.م1.24b |
| Earnings | ج.م1.15b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.21 |
| Gross Margin | 100.00% |
| Net Profit Margin | 48.25% |
| Debt/Equity Ratio | 18.7% |
How did SAUD perform over the long term?
See historical performance and comparisonValuation
Is alBaraka Bank EgyptE undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SAUD (EGP13.11) is trading below our estimate of fair value (EGP72.66)
Significantly Below Fair Value: SAUD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAUD is good value based on its PE Ratio (2.5x) compared to the African Banks industry average (6.7x).
PE vs Market: SAUD is good value based on its PE Ratio (2.5x) compared to the EG market (8.8x).
Price to Earnings Growth Ratio
PEG Ratio: SAUD is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: SAUD is good value based on its PB Ratio (0.5x) compared to the XF Banks industry average (0.9x).
Future Growth
How is alBaraka Bank EgyptE forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
8.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAUD's forecast earnings growth (8.7% per year) is below the savings rate (9.1%).
Earnings vs Market: SAUD's earnings (8.7% per year) are forecast to grow slower than the EG market (13.7% per year).
High Growth Earnings: SAUD's earnings are forecast to grow, but not significantly.
Revenue vs Market: SAUD's revenue (11.1% per year) is forecast to grow faster than the EG market (9.9% per year).
High Growth Revenue: SAUD's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAUD's Return on Equity is forecast to be low in 3 years time (14.7%).
Past Performance
How has alBaraka Bank EgyptE performed over the past 5 years?
20.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAUD has high quality earnings.
Growing Profit Margin: SAUD's current net profit margins (48.2%) are higher than last year (40.8%).
Past Earnings Growth Analysis
Earnings Trend: SAUD's earnings have grown significantly by 20.7% per year over the past 5 years.
Accelerating Growth: SAUD's earnings growth over the past year (26%) exceeds its 5-year average (20.7% per year).
Earnings vs Industry: SAUD earnings growth over the past year (26%) exceeded the Banks industry 0.2%.
Return on Equity
High ROE: SAUD's Return on Equity (24%) is considered high.
Financial Health
How is alBaraka Bank EgyptE's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SAUD's Assets to Equity ratio (13.9x) is moderate.
Allowance for Bad Loans: SAUD has a sufficient allowance for bad loans (127%).
Low Risk Liabilities: 96% of SAUD's liabilities are made up of primarily low risk sources of funding.
Loan Level: SAUD has an appropriate level of Loans to Assets ratio (25%).
Low Risk Deposits: SAUD's Loans to Deposits ratio (28%) is appropriate.
Level of Bad Loans: SAUD has a high level of bad loans (5.9%).
Dividend
What is alBaraka Bank EgyptE current dividend yield, its reliability and sustainability?
6.30%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SAUD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SAUD'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 SAUD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAUD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SAUD is not paying a notable dividend for the EG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SAUD's dividend in 3 years as they are not forecast to pay a notable one for the EG market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.5yrs
Average management tenure
CEO
Hazem Hussein Hegazy
0.083
Tenure
H.E./Mr. Hazem Hussein Rashad Hegazy is Deputy Chairman & CEO of alBaraka Bank Egypt S.A.E. from September 2021.
Leadership Team
Experienced Management: SAUD's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: SAUD's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
alBaraka Bank Egypt S.A.E.'s employee growth, exchange listings and data sources
Key Information
- Name: alBaraka Bank Egypt S.A.E.
- Ticker: SAUD
- Exchange: CASE
- Founded: 1980
- Industry: Regional Banks
- Sector: Banks
- Market Cap: ج.م2.896b
- Shares outstanding: 220.92m
- Website: https://www.albaraka-bank.com.eg
Number of Employees
Location
- alBaraka Bank Egypt S.A.E.
- Plot 29
- Road 90
- New Cairo
- Egypt
Listings
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 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.