Wifack International Bank Société anonyme provides Islamic commercial banking products and services in Tunisia.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ت7.00|
|52 Week High||د.ت6.21|
|52 Week Low||د.ت7.31|
|1 Month Change||-4.11%|
|3 Month Change||-1.13%|
|1 Year Change||10.94%|
|3 Year Change||3.25%|
|5 Year Change||23.24%|
|Change since IPO||92.66%|
Recent News & Updates
|WIFAK||TN Banks||TN Market|
Return vs Industry: WIFAK exceeded the TN Banks industry which returned -14.8% over the past year.
Return vs Market: WIFAK exceeded the TN Market which returned -0.4% over the past year.
Stable Share Price: Insufficient data to determine WIFAK's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine WIFAK's volatility change over the past year.
About the Company
Wifack International Bank Société anonyme provides Islamic commercial banking products and services in Tunisia. The company offers deposit and loan products; Mourabaha and Ijara financing services; bank cards; and digital banking services. It operates through a network of 30 branches and 33 ATMs.
Wifack International Bank Société anonyme Fundamentals Summary
|WIFAK fundamental statistics|
Is WIFAK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WIFAK income statement (TTM)|
|Cost of Revenue||د.ت1.90m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.18|
|Net Profit Margin||-20.65%|
How did WIFAK perform over the long term?See historical performance and comparison
Is Wifack International Bank Société anonyme undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WIFAK (TND7) is trading below our estimate of fair value (TND54.19)
Significantly Below Fair Value: WIFAK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WIFAK is unprofitable, so we can't compare its PE Ratio to the TN Banks industry average.
PE vs Market: WIFAK is unprofitable, so we can't compare its PE Ratio to the TN market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WIFAK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WIFAK is overvalued based on its PB Ratio (1.4x) compared to the TN Banks industry average (0.7x).
How is Wifack International Bank 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: WIFAK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (9.1%).
Earnings vs Market: WIFAK is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: WIFAK's is expected to become profitable in the next 3 years.
Revenue vs Market: WIFAK's revenue (28.6% per year) is forecast to grow faster than the TN market (7.5% per year).
High Growth Revenue: WIFAK's revenue (28.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WIFAK's Return on Equity is forecast to be low in 3 years time (8.4%).
How has Wifack International Bank Société anonyme performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WIFAK is currently unprofitable.
Growing Profit Margin: WIFAK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WIFAK is unprofitable, and losses have increased over the past 5 years at a rate of 55.7% per year.
Accelerating Growth: Unable to compare WIFAK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WIFAK is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-20.8%).
Return on Equity
High ROE: WIFAK has a negative Return on Equity (-3.38%), as it is currently unprofitable.
How is Wifack International Bank 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: WIFAK's Assets to Equity ratio (5.3x) is low.
Allowance for Bad Loans: WIFAK has a low allowance for bad loans (48%).
Low Risk Liabilities: 72% of WIFAK's liabilities are made up of primarily low risk sources of funding.
Loan Level: WIFAK has an appropriate level of Loans to Assets ratio (62%).
Low Risk Deposits: WIFAK's Loans to Deposits ratio (107%) is appropriate.
Level of Bad Loans: WIFAK has a high level of bad loans (12.7%).
What is Wifack International Bank Société anonyme current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WIFAK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WIFAK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WIFAK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WIFAK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WIFAK's dividend in 3 years as they are not forecast to pay a notable one for the TN market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Mohammed Mellousse serves as General Manager of Wifak International Bank SA (formerly known as Wifack International Bank).
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.
Wifack International Bank Société anonyme's employee growth, exchange listings and data sources
- Name: Wifack International Bank Société anonyme
- Ticker: WIFAK
- Exchange: BVMT
- Founded: 2002
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: د.ت210.000m
- Shares outstanding: 30.00m
- Website: https://www.wifakbank.com
- Wifack International Bank Société anonyme
- Avenue Habib Bourguiba
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 21:02|
|End of Day Share Price||2021/10/22 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.