Bank AlJazira

SASE:1020 Stock Report

Market Cap: ر.س18.3b

Bank AlJazira Valuation

Is 1020 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 1020 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1020's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1020's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1020?

Key metric: As 1020 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1020. This is calculated by dividing 1020's market cap by their current earnings.
What is 1020's PE Ratio?
PE Ratio17.5x
Earningsر.س1.03b
Market Capر.س18.27b

Price to Earnings Ratio vs Peers

How does 1020's PE Ratio compare to its peers?

The above table shows the PE ratio for 1020 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.5x
1030 Saudi Investment Bank
10.1x9.9%ر.س18.4b
1050 Banque Saudi Fransi
9.8x9.9%ر.س39.2b
1140 Bank Albilad
17.5x12.3%ر.س46.5b
1080 Arab National Bank
8.6x3.9%ر.س40.2b
1020 Bank AlJazira
17.5x20.5%ر.س18.3b

Price-To-Earnings vs Peers: 1020 is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (11.5x).

Price to Earnings Ratio vs Industry

How does 1020's PE Ratio compare vs other companies in the Asian Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1020 17.5xIndustry Avg. 8.8xNo. of Companies82PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1020 is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the Asian Banks industry average (8.8x).

Price to Earnings Ratio vs Fair Ratio

What is 1020'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.

1020 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.5x
Fair PE Ratio12.7x

Price-To-Earnings vs Fair Ratio: 1020 is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the estimated Fair Price-To-Earnings Ratio (12.7x).

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 1020 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.س17.52
ر.س16.80
-4.1%
6.1%ر.س18.10ر.س15.80n/a4
Dec ’25ر.س16.10
ر.س16.80
+4.3%
6.1%ر.س18.10ر.س15.80n/a4
Nov ’25ر.س16.44
ر.س16.53
+0.5%
5.7%ر.س18.10ر.س15.80n/a4
Oct ’25ر.س17.26
ر.س15.94
-7.6%
1.7%ر.س16.40ر.س15.76n/a4
Sep ’25ر.س17.82
ر.س15.94
-10.5%
1.7%ر.س16.40ر.س15.76n/a4
Aug ’25ر.س17.10
ر.س15.76
-7.8%
3.0%ر.س16.40ر.س15.08n/a4
Jul ’25ر.س16.16
ر.س16.82
+4.1%
11.3%ر.س20.00ر.س15.10n/a4
Jun ’25ر.س15.00
ر.س16.38
+9.2%
14.5%ر.س20.00ر.س13.36n/a4
May ’25ر.س16.00
ر.س15.32
-4.2%
7.6%ر.س16.40ر.س13.36n/a4
Apr ’25ر.س15.70
ر.س14.74
-6.1%
9.2%ر.س16.40ر.س13.36n/a4
Mar ’25ر.س15.57
ر.س13.56
-12.9%
9.9%ر.س15.76ر.س12.24n/a4
Feb ’25ر.س16.11
ر.س13.56
-15.8%
9.9%ر.س15.76ر.س12.24n/a4
Jan ’25ر.س15.09
ر.س12.88
-14.6%
4.3%ر.س13.60ر.س12.24n/a3
Dec ’24ر.س13.58
ر.س12.88
-5.2%
4.3%ر.س13.60ر.س12.24ر.س16.103
Nov ’24ر.س13.46
ر.س12.80
-4.9%
5.1%ر.س13.60ر.س12.00ر.س16.443
Oct ’24ر.س13.38
ر.س14.12
+5.6%
14.4%ر.س16.16ر.س12.08ر.س17.262
Sep ’24ر.س14.19
ر.س14.12
-0.5%
14.4%ر.س16.16ر.س12.08ر.س17.822
Aug ’24ر.س15.01
ر.س14.17
-5.6%
14.1%ر.س16.16ر.س12.18ر.س17.102
Jul ’24n/a
ر.س14.67
0%
12.1%ر.س16.16ر.س12.18ر.س16.163
Jun ’24ر.س13.98
ر.س15.45
+10.5%
4.5%ر.س16.16ر.س14.52ر.س15.003
May ’24ر.س15.70
ر.س15.45
-1.5%
4.5%ر.س16.16ر.س14.52ر.س16.003
Apr ’24ر.س14.54
ر.س17.04
+17.2%
10.0%ر.س19.44ر.س15.68ر.س15.703
Mar ’24ر.س14.45
ر.س17.04
+17.9%
10.0%ر.س19.44ر.س15.68ر.س15.573
Feb ’24ر.س15.41
ر.س17.09
+10.9%
9.8%ر.س19.44ر.س15.68ر.س16.113
Jan ’24ر.س15.38
ر.س17.80
+15.8%
9.2%ر.س19.44ر.س16.16ر.س15.092
Dec ’23ر.س16.93
ر.س19.96
+17.9%
12.2%ر.س22.40ر.س17.52ر.س13.582

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 15:09
End of Day Share Price 2024/12/19 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

Bank AlJazira is covered by 10 analysts. 3 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.
Nasser bin Mohammed Al HarthyBankMuscat SAOG
Monsef MorsyCI Capital Research