ATW Stock Overview
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.م425.00|
|52 Week High||د.م510.00|
|52 Week Low||د.م410.00|
|1 Month Change||-1.62%|
|3 Month Change||0%|
|1 Year Change||-13.60%|
|3 Year Change||-8.60%|
|5 Year Change||-10.76%|
|Change since IPO||1,132.28%|
Recent News & Updates
|ATW||MA Banks||MA Market|
Return vs Industry: ATW underperformed the MA Banks industry which returned -11.4% over the past year.
Return vs Market: ATW underperformed the MA Market which returned -10.6% over the past year.
|ATW Average Weekly Movement||2.5%|
|Banks Industry Average Movement||2.5%|
|Market Average Movement||4.1%|
|10% most volatile stocks in MA Market||6.1%|
|10% least volatile stocks in MA Market||2.3%|
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||20,590||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; and banking and payment card, as well as retirement and mortgage 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; and factoring, discounting, credit lines, and seasonal credit.
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, 2022
Next Earnings Date
|Earnings per share (EPS)||27.57|
|Net Profit Margin||25.80%|
How did ATW perform over the long term?See historical performance and comparison
3.5%Current Dividend Yield
Is ATW undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
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 ATW?
Other financial metrics that can be useful for relative valuation.
|What is ATW's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ATW's PE Ratio compare to its peers?
|ATW PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
BCP Banque Centrale Populaire
BOA Bank of Africa
CIH Crédit Immobilier et Hôtelier Société Anonyme
CDM Crédit du Maroc
ATW Attijariwafa bank
Price-To-Earnings vs Peers: ATW is good value based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (15.9x).
Price to Earnings Ratio vs Industry
How does ATW's PE Ratio compare vs other companies in the African Banks Industry?
Price-To-Earnings vs Industry: ATW is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the African Banks industry average (5.5x)
Price to Earnings Ratio vs Fair Ratio
What is ATW'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||15.4x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ATW's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ATW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ATW (MAD425) is trading above our estimate of fair value (MAD91.67)
Significantly Below Fair Value: ATW is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
Discover undervalued companies
How is Attijariwafa bank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Attijariwafa bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Examine Attijariwafa bank's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has Attijariwafa bank performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATW has high quality earnings.
Growing Profit Margin: ATW's current net profit margins (25.8%) are higher than last year (22.5%).
Past Earnings Growth Analysis
Earnings Trend: ATW's earnings have declined by 4% per year over the past 5 years.
Accelerating Growth: ATW's earnings growth over the past year (27%) exceeds its 5-year average (-4% per year).
Earnings vs Industry: ATW earnings growth over the past year (27%) underperformed the Banks industry 37.4%.
Return on Equity
High ROE: ATW's Return on Equity (11.5%) is considered low.
Discover strong past performing companies
How is Attijariwafa bank'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: ATW's Assets to Equity ratio (10.4x) is moderate.
Allowance for Bad Loans: ATW has a low allowance for bad loans (95%).
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 (56%).
Low Risk Deposits: ATW's Loans to Deposits ratio (83%) is appropriate.
Level of Bad Loans: ATW has a high level of bad loans (8%).
Discover healthy companies
What is Attijariwafa bank current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
|Attijariwafa bank Dividend Yield vs Market|
|Company (Attijariwafa bank)||3.5%|
|Market Bottom 25% (MA)||3.0%|
|Market Top 25% (MA)||4.5%|
|Industry Average (Banks)||3.6%|
|Analyst forecast in 3 Years (Attijariwafa bank)||3.1%|
Notable Dividend: ATW's dividend (3.53%) is higher than the bottom 25% of dividend payers in the MA market (3.05%).
High Dividend: ATW's dividend (3.53%) is low compared to the top 25% of dividend payers in the MA market (4.51%).
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
Earnings Coverage: With its reasonable payout ratio (54.4%), ATW's dividend payments are 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.
Discover strong dividend paying companies
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. He is Director at Société Commerciale de Banque Cameroun, SA. Mr. El Kettani is the Chairman and Chief Executive Officer at Attijariw...
Experienced Management: ATW's management team is seasoned and experienced (8.7 years average tenure).
Experienced Board: ATW's board of directors are seasoned and experienced ( 11.2 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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
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
- Implied Market Cap: د.م85.814b
- Shares outstanding: 201.91m
- Website: https://www.attijariwafabank.com
Number of Employees
- Attijariwafa bank SA
- 2, Boulevard Moulay Youssef
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATW||CBSE (Casablanca Stock Exchange)||Yes||Common Shares||MA||MAD||Jan 1992|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 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.