ABL Stock Overview
Allied Bank Limited provides various banking products and services in Pakistan, the Middle East, and China.
Allied Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||PK₨76.00|
|52 Week High||PK₨91.99|
|52 Week Low||PK₨67.50|
|1 Month Change||-10.59%|
|3 Month Change||-15.49%|
|1 Year Change||10.55%|
|3 Year Change||-27.10%|
|5 Year Change||-22.45%|
|Change since IPO||140.10%|
Recent News & Updates
|ABL||PK Banks||PK Market|
Return vs Industry: ABL exceeded the PK Banks industry which returned 1% over the past year.
Return vs Market: ABL exceeded the PK Market which returned -9.9% over the past year.
|ABL Average Weekly Movement||3.1%|
|Banks Industry Average Movement||4.7%|
|Market Average Movement||5.8%|
|10% most volatile stocks in PK Market||8.8%|
|10% least volatile stocks in PK Market||3.6%|
Stable Share Price: ABL is less volatile than 75% of PK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ABL's weekly volatility (3%) has been stable over the past year.
About the Company
Allied Bank Limited provides various banking products and services in Pakistan, the Middle East, and China. It operates through Corporate & Investment Banking, Trading and Sales, Commercial & Retail Banking, Islamic Banking, and Others segments. The company offers savings and term deposits; everyday accounts; transaction and business accounts; bancassurance services; remittance services; trade services; treasury services; cash management solutions; and car, home, SME, and agriculture financing services.
Allied Bank Fundamentals Summary
|ABL fundamental statistics|
Is ABL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ABL income statement (TTM)|
|Cost of Revenue||PK₨1.26b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||15.93|
|Net Profit Margin||27.99%|
How did ABL perform over the long term?See historical performance and comparison
10.5%Current Dividend Yield
Is Allied Bank undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ABL (PKR76) is trading above our estimate of fair value (PKR34.85)
Significantly Below Fair Value: ABL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ABL's PE Ratio (4.8x) is in line with the PK Banks industry average.
PE vs Market: ABL is good value based on its PE Ratio (4.8x) compared to the PK market (5.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABL's PB Ratio (0.7x) is in line with the PK Banks industry average.
How is Allied Bank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
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
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ABL's forecast earnings growth is above the savings rate (10.2%).
Earnings vs Market: Insufficient data to determine if ABL's earnings are forecast to grow faster than the PK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if ABL's revenue is forecast to grow faster than the PK market.
High Growth Revenue: Insufficient data to determine if ABL's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ABL's Return on Equity is forecast to be high in 3 years time
How has Allied Bank performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABL has a high level of non-cash earnings.
Growing Profit Margin: ABL's current net profit margins (28%) are lower than last year (29.9%).
Past Earnings Growth Analysis
Earnings Trend: ABL's earnings have grown by 9.7% per year over the past 5 years.
Accelerating Growth: ABL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ABL had negative earnings growth (-1.9%) over the past year, making it difficult to compare to the Banks industry average (11.6%).
Return on Equity
High ROE: ABL's Return on Equity (13.9%) is considered low.
How is Allied 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: ABL's Assets to Equity ratio (14.9x) is moderate.
Allowance for Bad Loans: ABL has a low allowance for bad loans (94%).
Low Risk Liabilities: 77% of ABL's liabilities are made up of primarily low risk sources of funding.
Loan Level: ABL has an appropriate level of Loans to Assets ratio (32%).
Low Risk Deposits: ABL's Loans to Deposits ratio (44%) is appropriate.
Level of Bad Loans: ABL has a high level of bad loans (2.1%).
What is Allied Bank current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ABL's dividend (10.53%) is higher than the bottom 25% of dividend payers in the PK market (3.66%).
High Dividend: ABL's dividend (10.53%) is low compared to the top 25% of dividend payers in the PK market (10.86%).
Stability and Growth of Payments
Stable Dividend: ABL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), ABL'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Aizid Razzaq Gill serves as President & Chief Executive Officer at Allied Bank Limited since January 01, 2021 and serves as Executive Director and also served as its Director until August 27, 2021. He...
Experienced Management: ABL's management team is considered experienced (2.8 years average tenure).
Experienced Board: ABL's board of directors are considered experienced (6.8 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 not been meaningfully diluted in the past year.
Allied Bank Limited's employee growth, exchange listings and data sources
- Name: Allied Bank Limited
- Ticker: ABL
- Exchange: KASE
- Founded: 1942
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: PK₨87.026b
- Shares outstanding: 1.15b
- Website: https://www.abl.com
Number of Employees
- Allied Bank Limited
- 3-4 Tipu Block
- Main Boulevard
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 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.