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1050

Banque Saudi Fransi SASE:1050 Stock Report

Last Price

ر.س46.85

Market Cap

ر.س53.9b

7D

0.1%

1Y

25.3%

Updated

27 Jun, 2022

Data

Company Financials +
1050 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends3/6

1050 Stock Overview

Banque Saudi Fransi provides banking and financial services in the Kingdom of Saudi Arabia and internationally.

Banque Saudi Fransi Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Banque Saudi Fransi
Historical stock prices
Current Share Priceر.س46.85
52 Week Highر.س57.20
52 Week Lowر.س36.25
Beta0.85
1 Month Change-5.83%
3 Month Change-13.08%
1 Year Change25.27%
3 Year Change12.49%
5 Year Change50.16%
Change since IPO981.84%

Recent News & Updates

Mar 28
Should You Be Adding Banque Saudi Fransi (TADAWUL:1050) To Your Watchlist Today?

Should You Be Adding Banque Saudi Fransi (TADAWUL:1050) To Your Watchlist Today?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

1050SA BanksSA Market
7D0.1%2.8%2.0%
1Y25.3%23.8%12.7%

Return vs Industry: 1050 exceeded the SA Banks industry which returned 23.8% over the past year.

Return vs Market: 1050 exceeded the SA Market which returned 12.7% over the past year.

Price Volatility

Is 1050's price volatile compared to industry and market?
1050 volatility
1050 Average Weekly Movement7.2%
Banks Industry Average Movement6.1%
Market Average Movement4.8%
10% most volatile stocks in SA Market7.0%
10% least volatile stocks in SA Market3.1%

Stable Share Price: 1050 is more volatile than 90% of SA stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1050's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of SA stocks.

About the Company

FoundedEmployeesCEOWebsite
19772,973Bader Alsalloomhttps://www.alfransi.com.sa

Banque Saudi Fransi provides banking and financial services in the Kingdom of Saudi Arabia and internationally. The company operates through Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage segments. It offers deposit products, such as saving, current, and term deposit accounts, as well as mada Pay and Apple Pay products.

Banque Saudi Fransi Fundamentals Summary

How do Banque Saudi Fransi's earnings and revenue compare to its market cap?
1050 fundamental statistics
Market Capر.س53.92b
Earnings (TTM)ر.س3.34b
Revenue (TTM)ر.س6.37b

16.1x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1050 income statement (TTM)
Revenueر.س6.37b
Cost of Revenueر.س0
Gross Profitر.س6.37b
Other Expensesر.س3.03b
Earningsر.س3.34b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.90
Gross Margin100.00%
Net Profit Margin52.46%
Debt/Equity Ratio13.9%

How did 1050 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

54%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 1050 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1050?

Other financial metrics that can be useful for relative valuation.

1050 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

How does 1050's PE Ratio compare to its peers?

1050 PE Ratio vs Peers
The above table shows the PE ratio for 1050 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.5x
1150 Alinma Bank
24.5x21.5%ر.س68.3b
1140 Bank Albilad
24.4x13.2%ر.س43.5b
1080 Arab National Bank
20.5x15.9%ر.س46.1b
1060 Saudi British Bank
24.6x23.3%ر.س79.4b
1050 Banque Saudi Fransi
16.1x12.0%ر.س53.9b

Price-To-Earnings vs Peers: 1050 is good value based on its Price-To-Earnings Ratio (16.1x) compared to the peer average (23.5x).


Price to Earnings Ratio vs Industry

How does 1050's PE Ratio compare vs other companies in the Asian Banks Industry?

Price-To-Earnings vs Industry: 1050 is good value based on its Price-To-Earnings Ratio (16.1x) compared to the SA Banks industry average (21.1x)


Price to Earnings Ratio vs Fair Ratio

What is 1050'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.

1050 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1050's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1050 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1050 (SAR46.85) is trading above our estimate of fair value (SAR15.99)

Significantly Below Fair Value: 1050 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: 1050 is poor value based on its PEG Ratio (1.3x)


Discover undervalued companies

Future Growth

How is Banque Saudi Fransi forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1050's forecast earnings growth (12% per year) is above the savings rate (9%).

Earnings vs Market: 1050's earnings (12% per year) are forecast to grow faster than the SA market (-1.3% per year).

High Growth Earnings: 1050's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1050's revenue (13.9% per year) is forecast to grow faster than the SA market (-2.9% per year).

High Growth Revenue: 1050's revenue (13.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1050's Return on Equity is forecast to be low in 3 years time (13%).


Discover growth companies

Past Performance

How has Banque Saudi Fransi performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-8.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1050 has a high level of non-cash earnings.

Growing Profit Margin: 1050's current net profit margins (52.5%) are higher than last year (35.1%).


Past Earnings Growth Analysis

Earnings Trend: 1050's earnings have declined by 8.3% per year over the past 5 years.

Accelerating Growth: 1050's earnings growth over the past year (110.8%) exceeds its 5-year average (-8.3% per year).

Earnings vs Industry: 1050 earnings growth over the past year (110.8%) exceeded the Banks industry 24.5%.


Return on Equity

High ROE: 1050's Return on Equity (9%) is considered low.


Discover strong past performing companies

Financial Health

How is Banque Saudi Fransi's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

5/6

Financial Health Score 5/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 1050's Assets to Equity ratio (5.6x) is low.

Allowance for Bad Loans: 1050 has a sufficient allowance for bad loans (131%).

Low Risk Liabilities: 89% of 1050's liabilities are made up of primarily low risk sources of funding.

Loan Level: 1050 has an appropriate level of Loans to Assets ratio (69%).

Low Risk Deposits: 1050's Loans to Deposits ratio (94%) is appropriate.

Level of Bad Loans: 1050 has a high level of bad loans (2.4%).


Discover healthy companies

Dividend

What is Banque Saudi Fransi current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.63%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 1050's dividend (3.63%) is higher than the bottom 25% of dividend payers in the SA market (1.95%).

High Dividend: 1050's dividend (3.63%) is low compared to the top 25% of dividend payers in the SA market (4.5%).


Stability and Growth of Payments

Stable Dividend: 1050 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1050's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.2%), 1050's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1050's dividends in 3 years are forecast to be well covered by earnings (35% payout ratio).


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Bader Alsalloom

no data

Tenure

Mr. Bader Hamad Alsalloom is Acting Chief Executive Officer at Banque Saudi Fransi from June 01, 2022 and serves as its Head of Wholesale Banking Group since November 2021. He has experience in the banking...


Leadership Team

Experienced Management: 1050's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: 1050's board of directors are considered experienced (4.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banque Saudi Fransi's employee growth, exchange listings and data sources


Key Information

  • Name: Banque Saudi Fransi
  • Ticker: 1050
  • Exchange: SASE
  • Founded: 1977
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ر.س53.924b
  • Shares outstanding: 1.15b
  • Website: https://www.alfransi.com.sa

Number of Employees


Location

  • Banque Saudi Fransi
  • King Saud Road
  • PO Box 56006
  • Riyadh
  • 11554
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.