Bank AlJazira provides a range of Shari’ah compliant banking products and services for individuals, corporates, small to medium sized businesses, and institutions in the Kingdom of Saudi Arabia. More Details
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Bank AlJazira's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1020 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 1020's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 1020 exceeded the SA Banks industry which returned 52.3% over the past year.
Return vs Market: 1020 exceeded the SA Market which returned 17% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bank AlJazira's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StBank AlJazira (TADAWUL:1020) Has Gifted Shareholders With A Fantastic 112% Total Return On Their Investment
3 months ago | Simply Wall StDoes Bank AlJazira (TADAWUL:1020) Have A Place In Your Dividend Stock Portfolio?
Is Bank AlJazira 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: Insufficient data to calculate 1020's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1020's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1020 is poor value based on its PE Ratio (89.1x) compared to the SA Banks industry average (17.9x).
PE vs Market: 1020 is poor value based on its PE Ratio (89.1x) compared to the SA market (32.3x).
Price to Earnings Growth Ratio
PEG Ratio: 1020 is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: 1020 is good value based on its PB Ratio (1.3x) compared to the SA Banks industry average (1.5x).
How is Bank AlJazira forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1020's forecast earnings growth (20.7% per year) is above the savings rate (8.8%).
Earnings vs Market: 1020's earnings (20.7% per year) are forecast to grow faster than the SA market (7.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1020's revenue (13.2% per year) is forecast to grow faster than the SA market (4% per year).
High Growth Revenue: 1020's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1020's Return on Equity is forecast to be low in 3 years time (12.5%).
How has Bank AlJazira performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1020 has a high level of non-cash earnings.
Growing Profit Margin: 1020's current net profit margins (9.4%) are lower than last year (33.5%).
Past Earnings Growth Analysis
Earnings Trend: 1020's earnings have declined by 16.7% per year over the past 5 years.
Accelerating Growth: 1020's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1020 had negative earnings growth (-81.5%) over the past year, making it difficult to compare to the Banks industry average (-9.6%).
Return on Equity
High ROE: 1020's Return on Equity (1.5%) is considered low.
How is Bank AlJazira'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: 1020's Assets to Equity ratio (8.1x) is low.
Allowance for Bad Loans: 1020 has a sufficient allowance for bad loans (159%).
Low Risk Liabilities: 85% of 1020's liabilities are made up of primarily low risk sources of funding.
Loan Level: 1020 has an appropriate level of Loans to Assets ratio (58%).
Low Risk Deposits: 1020's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: 1020 has a high level of bad loans (2.5%).
What is Bank AlJazira current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1020's dividend (3.18%) is higher than the bottom 25% of dividend payers in the SA market (1.51%).
High Dividend: 1020's dividend (3.18%) is low compared to the top 25% of dividend payers in the SA market (4.57%).
Stability and Growth of Payments
Stable Dividend: 1020 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1020's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (141.6%), 1020's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1020's dividends in 3 years are forecast to be covered by earnings (50.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Naif Al Abdulkareem
Mr. Naif Abdulkarim Al Abdulkareem has been Chief Executive Officer of Bank AlJazira since November 1, 2020 and serves as Managing Director & Executive Director since January 21, 2021. Mr. AlAbdulkareem is...
Experienced Management: 1020's management team is considered experienced (4.4 years average tenure).
Experienced Board: 1020's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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.
Bank AlJazira's company bio, employee growth, exchange listings and data sources
- Name: Bank AlJazira
- Ticker: 1020
- Exchange: SASE
- Founded: 1975
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ر.س15.482b
- Shares outstanding: 820.00m
- Website: https://www.bankaljazira.com
Number of Employees
- Bank AlJazira
- 7724 King Abdulaziz Road
- Al-Shatea District
- Saudi Arabia
Bank AlJazira provides a range of Shari’ah compliant banking products and services for individuals, corporates, small to medium sized businesses, and institutions in the Kingdom of Saudi Arabia. The compan...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/16 15:17|
|End of Day Share Price||2021/06/16 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.