Banque Internationale Arabe de Tunisie Société anonyme provides banking products and services in Tunisia.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ت61.13|
|52 Week High||د.ت59.49|
|52 Week Low||د.ت121.74|
|1 Month Change||-1.56%|
|3 Month Change||-2.19%|
|1 Year Change||-34.97%|
|3 Year Change||-54.48%|
|5 Year Change||-27.31%|
|Change since IPO||21.89%|
Recent News & Updates
|BIAT||TN Banks||TN Market|
Return vs Industry: BIAT underperformed the TN Banks industry which returned -12.2% over the past year.
Return vs Market: BIAT underperformed the TN Market which returned 0.1% over the past year.
Stable Share Price: BIAT is less volatile than 75% of TN stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: BIAT's weekly volatility has decreased from 7% to 2% over the past year.
About the Company
Banque Internationale Arabe de Tunisie Société anonyme provides banking products and services in Tunisia. The company offers everyday banking, savings, investments, consumer loans, mortgages, insurance, financing of the bank, investment, financing of the operating cycle, and international operation products and services; operational support to the activities of large companies and institutional investors, as well as corporate and investment banking services. It also engages in the capital market, corporate finance, capital investment, development abroad, and the other financial activities, as well as provision of web and mobile banking services.
Banque Internationale Arabe de Tunisie Société anonyme Fundamentals Summary
|BIAT fundamental statistics|
Is BIAT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BIAT income statement (TTM)|
|Cost of Revenue||د.ت0|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||15.55|
|Net Profit Margin||31.75%|
How did BIAT perform over the long term?See historical performance and comparison
8.2%Current Dividend Yield
Is Banque Internationale Arabe de Tunisie Société anonyme 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: BIAT (TND61.13) is trading above our estimate of fair value (TND52.77)
Significantly Below Fair Value: BIAT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BIAT is good value based on its PE Ratio (3.9x) compared to the TN Banks industry average (6.7x).
PE vs Market: BIAT is good value based on its PE Ratio (3.9x) compared to the TN market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: BIAT is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: BIAT's PB Ratio (0.6x) is in line with the TN Banks industry average.
How is Banque Internationale Arabe de Tunisie Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BIAT's forecast earnings growth (6.1% per year) is below the savings rate (9.1%).
Earnings vs Market: BIAT's earnings (6.1% per year) are forecast to grow slower than the TN market (12.7% per year).
High Growth Earnings: BIAT's earnings are forecast to grow, but not significantly.
Revenue vs Market: BIAT's revenue (7.4% per year) is forecast to grow slower than the TN market (7.5% per year).
High Growth Revenue: BIAT's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BIAT's Return on Equity is forecast to be low in 3 years time (15.1%).
How has Banque Internationale Arabe de Tunisie Société anonyme performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BIAT has high quality earnings.
Growing Profit Margin: BIAT's current net profit margins (31.8%) are lower than last year (37.9%).
Past Earnings Growth Analysis
Earnings Trend: BIAT's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: BIAT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BIAT had negative earnings growth (-19.5%) over the past year, making it difficult to compare to the Banks industry average (-20.8%).
Return on Equity
High ROE: BIAT's Return on Equity (12.8%) is considered low.
How is Banque Internationale Arabe de Tunisie Société anonyme'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: BIAT's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: Insufficient data to determine if BIAT has a sufficient allowance for bad loans.
Low Risk Liabilities: 88% of BIAT's liabilities are made up of primarily low risk sources of funding.
Loan Level: BIAT has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: BIAT's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: Insufficient data to determine if BIAT has an appropriate level of bad loans.
What is Banque Internationale Arabe de Tunisie Société anonyme current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BIAT's dividend (8.18%) is higher than the bottom 25% of dividend payers in the TN market (2.89%).
High Dividend: BIAT's dividend (8.18%) is in the top 25% of dividend payers in the TN market (6.62%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether BIAT's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BIAT's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.2%), BIAT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIAT's dividends in 3 years are forecast to be well covered by earnings (32.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Mohamed Agrebi has been the General Manager of Banque Internationale Arabe de Tunisie SA since May 23, 2014.
Experienced Board: BIAT's board of directors are considered experienced (8.8 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.
Banque Internationale Arabe de Tunisie Société anonyme's employee growth, exchange listings and data sources
- Name: Banque Internationale Arabe de Tunisie Société anonyme
- Ticker: BIAT
- Exchange: BVMT
- Founded: 1976
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: د.ت1.091b
- Shares outstanding: 17.85m
- Website: https://www.biat.com.tn
- Banque Internationale Arabe de Tunisie Société anonyme
- 70-72, Avenue Habib Bourguiba
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 15:01|
|End of Day Share Price||2021/10/14 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.