Alinma Bank provides banking and investment services in the Kingdom of Saudi Arabia. More Details
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Alinma Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1150 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 1150's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 1150 underperformed the SA Banks industry which returned 52.3% over the past year.
Return vs Market: 1150 exceeded the SA Market which returned 17% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Alinma Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Alinma Bank 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: 1150 (SAR20.18) is trading above our estimate of fair value (SAR3.03)
Significantly Below Fair Value: 1150 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1150's PE Ratio (17.9x) is in line with the SA Banks industry average.
PE vs Market: 1150 is good value based on its PE Ratio (17.9x) compared to the SA market (32.3x).
Price to Earnings Growth Ratio
PEG Ratio: 1150 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 1150 is overvalued based on its PB Ratio (1.6x) compared to the SA Banks industry average (1.5x).
How is Alinma Bank forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1150's forecast earnings growth (14.2% per year) is above the savings rate (8.8%).
Earnings vs Market: 1150's earnings (14.2% per year) are forecast to grow faster than the SA market (7.9% per year).
High Growth Earnings: 1150's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1150's revenue (13.2% per year) is forecast to grow faster than the SA market (4% per year).
High Growth Revenue: 1150'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: 1150's Return on Equity is forecast to be low in 3 years time (11.8%).
How has Alinma Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1150 has a high level of non-cash earnings.
Growing Profit Margin: 1150's current net profit margins (48%) are lower than last year (49.2%).
Past Earnings Growth Analysis
Earnings Trend: 1150's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: 1150's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1150 had negative earnings growth (-1.3%) over the past year, making it difficult to compare to the Banks industry average (-9.6%).
Return on Equity
High ROE: 1150's Return on Equity (8.9%) is considered low.
How is Alinma Bank'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: 1150's Assets to Equity ratio (6.4x) is low.
Allowance for Bad Loans: 1150 has a sufficient allowance for bad loans (133%).
Low Risk Liabilities: 89% of 1150's liabilities are made up of primarily low risk sources of funding.
Loan Level: 1150 has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: 1150's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: 1150 has a high level of bad loans (2.2%).
What is Alinma Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1150's dividend (1.49%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.51%).
High Dividend: 1150's dividend (1.49%) is low compared to the top 25% of dividend payers in the SA market (4.57%).
Stability and Growth of Payments
Stable Dividend: 1150 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1150 has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.6%), 1150's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1150's dividends in 3 years are forecast to be covered by earnings (54.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Abdullah Bin Al Khalifa (56 yo)
Mr. Abdullah Bin Ali Al Khalifa serves as Chief Executive Officer at Alinma Bank since January 03, 2021. Mr. Al Khalifa served as Chief Financial Officer of Banque Saudi Fransi since December 2019 until Fe...
Experienced Board: 1150's board of directors are not considered experienced ( 2.1 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.
Alinma Bank's company bio, employee growth, exchange listings and data sources
- Name: Alinma Bank
- Ticker: 1150
- Exchange: SASE
- Founded: 2006
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ر.س40.360b
- Shares outstanding: 2.00b
- Website: https://www.alinma.com
Number of Employees
- Alinma Bank
- Al Anoud Tower
- King Fahad Road
- Saudi Arabia
Alinma Bank provides banking and investment services in the Kingdom of Saudi Arabia. It operates through Retail Banking, Corporate Banking, Treasury, and Investment and Brokerage segments. The company prov...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 15:58|
|End of Day Share Price||2021/06/17 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.