Attijariwafa bank SA, together with its subsidiaries, provides banking products and services.
Attijariwafa bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م492.50|
|52 Week High||د.م370.05|
|52 Week Low||د.م499.00|
|1 Month Change||3.25%|
|3 Month Change||11.40%|
|1 Year Change||31.68%|
|3 Year Change||13.22%|
|5 Year Change||30.29%|
|Change since IPO||1,328.00%|
Recent News & Updates
|ATW||MA Banks||MA Market|
Return vs Industry: ATW exceeded the MA Banks industry which returned 25.6% over the past year.
Return vs Market: ATW exceeded the MA Market which returned 25.4% over the past year.
Stable Share Price: ATW is less volatile than 75% of MA stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ATW's weekly volatility (2%) has been stable over the past year.
About the Company
|1904||20,583||Mohamed El Kettani||https://www.attijariwafabank.com|
Attijariwafa bank SA, together with its subsidiaries, provides banking products and services. The company offers savings and investment products; health insurance; remote banking; personal, property, and professional loans; furniture and property leasing; banking and payment card; and mortgage services, as well as retirement solutions. It also offers cash and bank account management, such as personal and professional accounts with payment solutions; insurance and support services; lending solutions; money transfer; online and mobile banking; private banking; wealth management; factoring; and tuition financing services.
Attijariwafa bank Fundamentals Summary
|ATW fundamental statistics|
Is ATW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ATW income statement (TTM)|
|Cost of Revenue||د.م0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||21.70|
|Net Profit Margin||22.47%|
How did ATW perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is Attijariwafa bank 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: ATW (MAD494.5) is trading above our estimate of fair value (MAD117.3)
Significantly Below Fair Value: ATW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATW is good value based on its PE Ratio (22.8x) compared to the MA Banks industry average (24.7x).
PE vs Market: ATW is good value based on its PE Ratio (22.8x) compared to the MA market (27.2x).
Price to Earnings Growth Ratio
PEG Ratio: ATW is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: ATW is overvalued based on its PB Ratio (2x) compared to the MA Banks industry average (1.7x).
How is Attijariwafa bank forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATW's forecast earnings growth (18.4% per year) is above the savings rate (9.1%).
Earnings vs Market: ATW's earnings (18.4% per year) are forecast to grow faster than the MA market (13.1% per year).
High Growth Earnings: ATW's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATW's revenue (9.1% per year) is forecast to grow faster than the MA market (6.7% per year).
High Growth Revenue: ATW's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATW's Return on Equity is forecast to be low in 3 years time (11.6%).
How has Attijariwafa bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATW has high quality earnings.
Growing Profit Margin: ATW's current net profit margins (22.5%) are higher than last year (20.2%).
Past Earnings Growth Analysis
Earnings Trend: ATW's earnings have declined by 4.2% per year over the past 5 years.
Accelerating Growth: ATW's earnings growth over the past year (6.1%) exceeds its 5-year average (-4.2% per year).
Earnings vs Industry: ATW earnings growth over the past year (6.1%) underperformed the Banks industry 8.4%.
Return on Equity
High ROE: ATW's Return on Equity (9.5%) is considered low.
How is Attijariwafa bank'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: ATW's Assets to Equity ratio (10.4x) is moderate.
Allowance for Bad Loans: ATW has a sufficient allowance for bad loans (101%).
Low Risk Liabilities: 75% of ATW's liabilities are made up of primarily low risk sources of funding.
Loan Level: ATW has an appropriate level of Loans to Assets ratio (57%).
Low Risk Deposits: ATW's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: ATW has a high level of bad loans (7.7%).
What is Attijariwafa bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATW's dividend (2.22%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: ATW's dividend (2.22%) is low compared to the top 25% of dividend payers in the MA market (4.86%).
Stability and Growth of Payments
Stable Dividend: ATW's dividend payments have been volatile in the past 10 years.
Growing Dividend: ATW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.2%), ATW's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ATW's dividends in 3 years are forecast to be well covered by earnings (48.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mohamed El Kettani (63 yo)
Mr. Mohamed El Kettani serves as Chief Executive Officer of Groupe AWB. Mr. El Kettani is the Chairman and Chief Executive Officer at Attijariwafa Bank S.A. since September 2007 and served as Managing Dire...
Experienced Management: ATW's management team is seasoned and experienced (10.8 years average tenure).
Experienced Board: ATW's board of directors are considered experienced (9.8 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 2.7%.
Attijariwafa bank SA's employee growth, exchange listings and data sources
- Name: Attijariwafa bank SA
- Ticker: ATW
- Exchange: CBSE
- Founded: 1904
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: د.م99.847b
- Shares outstanding: 201.91m
- Website: https://www.attijariwafabank.com
Number of Employees
- Attijariwafa bank SA
- 2, Boulevard Moulay Youssef
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 22:38|
|End of Day Share Price||2021/10/15 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.