Financials alBaraka Bank Egypt S.A.E.

Equities

SAUD

EGS60101C010

Banks

End-of-day quote Egyptian Exchange 06:00:00 2024-05-22 pm EDT 5-day change 1st Jan Change
10.85 EGP +0.37% Intraday chart for alBaraka Bank Egypt S.A.E. +1.69% -5.65%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,242 2,622 3,115 6,006 8,362 7,889 -
Enterprise Value (EV) 1 2,242 2,622 3,115 6,006 8,362 7,889 7,889
P/E ratio - 2.42 x 3.13 x 3.9 x 4.41 x 3.48 x 3.15 x
Yield 6.91% - - - - 9.87% 10.9%
Capitalization / Revenue 0.99 x 0.96 x 1.01 x 0.54 x 1.71 x 1.42 x 1.3 x
EV / Revenue 0.99 x 0.96 x 1.01 x 0.54 x 1.71 x 1.42 x 1.3 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 0.55 x 0.52 x 0.52 x - - 0.68 x 0.58 x
Nbr of stocks (in thousands) 727,139 727,139 727,139 727,139 727,139 727,139 -
Reference price 2 3.084 3.606 4.284 8.260 11.50 10.85 10.85
Announcement Date 2/23/20 3/1/21 2/17/22 2/19/23 2/19/24 - -
1EGP in Million2EGP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 2,272 2,740 3,098 11,075 4,898 5,560 6,082
EBITDA - - - - - - -
EBIT 1 1,768 2,376 2,301 2,309 3,628 4,148 4,529
Operating Margin 77.83% 86.73% 74.27% 20.85% 74.08% 74.6% 74.47%
Earnings before Tax (EBT) 1 - 2,007 1,743 2,650 3,393 3,708 4,086
Net income 1 1,070 1,256 1,126 1,749 2,218 2,595 2,861
Net margin 47.12% 45.84% 36.33% 15.79% 45.29% 46.67% 47.04%
EPS 2 - 1.489 1.370 2.120 2.610 3.120 3.440
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.2130 - - - - 1.071 1.180
Announcement Date 2/23/20 3/1/21 2/17/22 2/19/23 2/19/24 - -
1EGP in Million2EGP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 723.3 830.3 981 947.4 1,032 1,148 1,242 1,182 1,325 1,478
EBITDA - - - - - - - - - -
EBIT 1 514.3 595.9 738.6 - 879.2 845.3 978.7 865 939.1 1,023
Operating Margin 71.11% 71.76% 75.29% - 85.17% 73.61% 78.79% 73.18% 70.88% 69.24%
Earnings before Tax (EBT) - - - - - - - - - -
Net income 1 101.6 - 413.7 - 492.6 445.7 573.9 584.7 613.7 553.3
Net margin 14.04% - 42.18% - 47.72% 38.81% 46.2% 49.47% 46.32% 37.44%
EPS - - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 2/17/22 5/16/22 8/11/22 11/13/22 2/19/23 5/15/23 8/14/23 11/14/23 2/19/24 5/14/24
1EGP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 28.5% 27.5% 20.3% 25.7% - 21.2% 19.9% 18%
ROA (Net income/ Total Assets) 1.59% 1.7% 1.43% 2.06% - 2.1% 2.1% -
Assets 1 67,494 73,940 78,781 84,708 - 123,571 136,238 -
Book Value Per Share 2 5.620 6.940 8.280 - - 15.90 18.70 -
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/23/20 3/1/21 2/17/22 2/19/23 2/19/24 - - -
1EGP in Million2EGP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
10.85 EGP
Average target price
13.7 EGP
Spread / Average Target
+26.27%
Consensus

Quarterly revenue - Rate of surprise

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