Financials Saudi Awwal Bank

Equities

1060

SA0007879089

Banks

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
40.8 SAR -0.37% Intraday chart for Saudi Awwal Bank +2.77% +7.65%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 71,301 50,795 67,808 80,034 77,877 83,322 - -
Enterprise Value (EV) 1 71,301 50,795 67,808 80,034 77,877 83,322 83,322 83,322
P/E ratio 22.1 x -12.3 x 21.2 x 16.4 x 11.1 x 11.4 x 10.7 x 9.9 x
Yield 3.46% - 2.61% 3.31% - 4.73% 5.08% 5.5%
Capitalization / Revenue 7.48 x 5.67 x 8.54 x 8.11 x 6.13 x 6.06 x 5.66 x 5.27 x
EV / Revenue 7.48 x 5.67 x 8.54 x 8.11 x 6.13 x 6.06 x 5.66 x 5.27 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.11 x 1 x 1.28 x 1.46 x - 1.35 x 1.27 x 1.2 x
Nbr of stocks (in thousands) 2,054,795 2,054,795 2,054,795 2,054,795 2,054,795 2,054,795 - -
Reference price 2 34.70 24.72 33.00 38.95 37.90 40.55 40.55 40.55
Announcement Date 2/26/20 2/24/21 2/16/22 2/9/23 2/15/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,530 8,960 7,938 9,869 12,710 13,747 14,712 15,818
EBITDA - - - - - - - -
EBIT 1 5,748 -2,753 4,225 6,035 8,597 9,328 10,202 11,056
Operating Margin 60.32% -30.72% 53.23% 61.15% 67.64% 67.86% 69.35% 69.89%
Earnings before Tax (EBT) 1 2,812 -4,302 3,903 5,762 8,223 8,635 9,220 9,989
Net income 1 2,812 -4,168 3,202 4,870 7,002 7,382 7,887 8,525
Net margin 29.51% -46.52% 40.33% 49.35% 55.09% 53.7% 53.61% 53.89%
EPS 2 1.570 -2.010 1.560 2.370 3.410 3.570 3.794 4.094
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.200 - 0.8600 1.290 - 1.919 2.060 2.231
Announcement Date 2/26/20 2/24/21 2/16/22 2/9/23 2/15/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 1,988 1,967 2,112 2,312 2,564 2,903 3,218 3,067 3,247 3,179 3,345 3,434 3,477 3,497
EBITDA - - - - - - - - - - - - - - -
EBIT - 1,031 961.1 1,171 1,379 1,625 1,859 2,211 2,071 2,203 2,112 - - - -
Operating Margin - 51.86% 48.87% 55.48% 59.66% 63.4% 64.04% 68.72% 67.52% 67.83% 66.45% - - - -
Earnings before Tax (EBT) 1 - - - - - - - - - - - 2,215 2,249 2,290 2,185
Net income 1 1,892 885.3 424.1 1,006 1,083 1,396 1,390 1,765 1,550 1,830 1,858 1,772 1,867 1,901 1,852
Net margin - 44.54% 21.57% 47.65% 46.84% 54.45% 47.88% 54.85% 50.54% 56.37% 58.44% 52.96% 54.36% 54.67% 52.96%
EPS 2 - - - - - - - 0.8600 0.7500 0.8900 0.9100 0.9116 0.9038 0.9084 0.8934
Dividend per Share 2 - - - - - - - - - - - - 0.9097 - 1.024
Announcement Date 8/8/21 11/2/21 2/16/22 4/28/22 8/4/22 10/26/22 2/9/23 5/7/23 8/2/23 11/1/23 2/15/24 - - - -
1SAR in Million2SAR
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) 7.39% -7.81% 5.87% 9.06% - 12.4% 12.6% 12.8%
ROA (Net income/ Total Assets) 1.49% -1.54% 1.19% 1.66% 2.09% 1.93% 1.86% 1.82%
Assets 1 189,177 271,178 268,933 293,179 335,523 383,251 423,189 467,825
Book Value Per Share 2 31.30 24.70 25.80 26.60 - 30.10 31.90 33.80
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/26/20 2/24/21 2/16/22 2/9/23 2/15/24 - - -
1SAR in Million2SAR
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
BUY
Number of Analysts
13
Last Close Price
40.55 SAR
Average target price
47.67 SAR
Spread / Average Target
+17.55%
Consensus
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