Financials Bank al Etihad

Equities

UBSI

JO1100711018

Banks

End-of-day quote Amman S.E. 06:00:00 2024-04-30 pm EDT 5-day change 1st Jan Change
1.86 JOD -1.06% Intraday chart for Bank al Etihad -2.62% +1.64%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 256 257.6 249.6 280 312 366
Enterprise Value (EV) 1 -49.15 -321.6 -557.1 -829.1 -223.8 -228.3
P/E ratio 7.16 x 8.15 x 10.6 x 8.62 x 9.09 x 7.76 x
Yield 8.75% 6.21% 6.41% 5.71% 5.13% 5.46%
Capitalization / Revenue 1.75 x 1.67 x 1.73 x 1.68 x 1.62 x 1.65 x
EV / Revenue -0.34 x -2.08 x -3.86 x -4.97 x -1.16 x -1.03 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.68 x 0.67 x 0.61 x 0.65 x 0.69 x 0.76 x
Nbr of stocks (in thousands) 200,000 200,000 200,000 200,000 200,000 200,000
Reference price 2 1.280 1.288 1.248 1.400 1.560 1.830
Announcement Date 2/19/19 2/16/20 3/31/21 3/1/22 2/28/23 3/31/24
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 146.3 154.5 144.1 166.7 192.6 221.5
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 62.53 61.35 46.91 65.18 71.73 90.4
Net income 1 35.74 31.61 23.57 32.5 34.33 47.14
Net margin 24.43% 20.47% 16.35% 19.5% 17.82% 21.28%
EPS 2 0.1787 0.1581 0.1178 0.1625 0.1716 0.2357
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1120 0.0800 0.0800 0.0800 0.0800 0.1000
Announcement Date 2/19/19 2/16/20 3/31/21 3/1/22 2/28/23 3/31/24
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 305 579 807 1,109 536 594
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 8.88% 8.03% 6.1% 8% 8.04% 9.44%
ROA (Net income/ Total Assets) 1.1% 0.9% 0.61% 0.72% 0.68% 0.82%
Assets 1 3,236 3,513 3,865 4,526 5,077 5,760
Book Value Per Share 2 1.880 1.940 2.040 2.140 2.270 2.390
Cash Flow per Share 2 1.860 3.250 4.620 6.200 3.600 4.180
Capex 1 11.9 7.43 6.05 6.31 11 16
Capex / Sales 8.17% 4.81% 4.2% 3.79% 5.71% 7.22%
Announcement Date 2/19/19 2/16/20 3/31/21 3/1/22 2/28/23 3/31/24
1JOD in Million2JOD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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