alBaraka Bank Egypt S.A.E.

CASE:SAUD Stock Report

Market Cap: ج.م9.5b

alBaraka Bank EgyptE Valuation

Is SAUD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SAUD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SAUD (EGP13.02) is trading below our estimate of fair value (EGP14.57)

Significantly Below Fair Value: SAUD is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SAUD?

Key metric: As SAUD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SAUD. This is calculated by dividing SAUD's market cap by their current earnings.
What is SAUD's PE Ratio?
PE Ratio3.9x
Earningsج.م2.46b
Market Capج.م9.47b

Price to Earnings Ratio vs Peers

How does SAUD's PE Ratio compare to its peers?

The above table shows the PE ratio for SAUD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average4.2x
EGBE Egyptian Gulf Bank (S.A.E)
3.6xn/aUS$137.7m
CANA Suez Canal Bank (S.A.E)
3.4xn/aج.م12.0b
UBEE United Bank
6.8xn/aج.م15.8b
ADIB Abu Dhabi Islamic Bank - Egypt -E
3x3.5%ج.م23.8b
SAUD alBaraka Bank EgyptE
3.9x15.8%ج.م9.5b

Price-To-Earnings vs Peers: SAUD is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (4.2x).

Price to Earnings Ratio vs Industry

How does SAUD's PE Ratio compare vs other companies in the African Banks Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SAUD 3.9xIndustry Avg. 5.3xNo. of Companies23PE0612182430+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SAUD is good value based on its Price-To-Earnings Ratio (3.9x) compared to the African Banks industry average (5.2x).

Price to Earnings Ratio vs Fair Ratio

What is SAUD'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.

SAUD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.9x
Fair PE Ratio4x

Price-To-Earnings vs Fair Ratio: SAUD is good value based on its Price-To-Earnings Ratio (3.9x) compared to the estimated Fair Price-To-Earnings Ratio (4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SAUD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentج.م13.02
ج.م16.15
+24.0%
38.8%ج.م25.00ج.م11.60n/a3
Dec ’25ج.م13.30
ج.م16.15
+21.4%
38.8%ج.م25.00ج.م11.60n/a3
Nov ’25ج.م13.91
ج.م11.72
-15.7%
1.0%ج.م11.84ج.م11.60n/a2
Oct ’25ج.م11.77
ج.م11.72
-0.4%
1.0%ج.م11.84ج.م11.60n/a2
Sep ’25ج.م11.20
ج.م11.72
+4.6%
1.0%ج.م11.84ج.م11.60n/a2
Aug ’25ج.م10.86
ج.م11.72
+7.9%
1.0%ج.م11.84ج.م11.60n/a2
May ’25ج.م10.79
ج.م14.45
+33.9%
5.2%ج.م15.20ج.م13.70n/a2
Apr ’25ج.م11.35
ج.م14.45
+27.3%
5.2%ج.م15.20ج.م13.70n/a2
Mar ’25ج.م14.06
ج.م14.45
+2.8%
5.2%ج.م15.20ج.م13.70n/a2
Feb ’25ج.م15.66
ج.م14.45
-7.7%
5.2%ج.م15.20ج.م13.70n/a2
Jan ’25ج.م11.50
ج.م14.45
+25.7%
5.2%ج.م15.20ج.م13.70ج.م12.802
Dec ’24ج.م11.46
ج.م10.96
-4.4%
38.7%ج.م15.20ج.م6.71ج.م13.302
Nov ’24ج.م9.85
ج.م10.96
+11.2%
38.7%ج.م15.20ج.م6.71ج.م13.912
Oct ’24ج.م9.14
ج.م9.11
-0.3%
26.3%ج.م11.51ج.م6.71ج.م11.772
Sep ’24ج.م9.38
ج.م9.11
-2.9%
26.3%ج.م11.51ج.م6.71ج.م11.202
Aug ’24ج.م8.11
ج.م9.11
+12.3%
26.3%ج.م11.51ج.م6.71ج.م10.862
Jul ’24ج.م8.37
ج.م9.11
+8.8%
26.3%ج.م11.51ج.م6.71ج.م10.732
Jun ’24ج.م8.29
ج.م8.71
+5.0%
22.9%ج.م10.70ج.م6.71ج.م10.942
May ’24ج.م8.17
ج.م8.71
+6.5%
22.9%ج.م10.70ج.م6.71ج.م10.792
Apr ’24ج.م7.54
ج.م8.15
+8.1%
17.7%ج.م9.59ج.م6.71ج.م11.352
Mar ’24ج.م8.96
ج.م7.46
-16.8%
20.5%ج.م9.59ج.م6.08ج.م14.063
Feb ’24ج.م9.05
ج.م7.46
-17.6%
20.5%ج.م9.59ج.م6.08ج.م15.663
Jan ’24ج.م8.26
ج.م7.46
-9.7%
20.5%ج.م9.59ج.م6.08ج.م11.503

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 23:12
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

alBaraka Bank Egypt S.A.E. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Abanob MagdyBeltone Financial
Elena Sanchez-CabezudoEFG-Hermes Research