Financials Emirates Islamic Bank

Equities

EIB

AEE000501016

Banks

Market Closed - Dubai FM 05:59:05 2024-04-02 am EDT 5-day change 1st Jan Change
6.66 AED -10.00% Intraday chart for Emirates Islamic Bank 0.00% +3.42%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 54,250 54,250 43,443 40,565 40,674 34,972
Enterprise Value (EV) 1 43,014 41,240 29,116 35,989 32,788 29,566
P/E ratio 58.7 x 51.1 x -90.1 x 49.3 x 32.8 x 16.5 x
Yield - - - - - -
Capitalization / Revenue 25 x 24.3 x 66.4 x 19.6 x 14.6 x 9.27 x
EV / Revenue 19.8 x 18.5 x 44.5 x 17.4 x 11.8 x 7.84 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 7.52 x 6.53 x 5.53 x 4.74 x 4.39 x 3.06 x
Nbr of stocks (in thousands) 5,430,422 5,430,422 5,430,422 5,430,422 5,430,422 5,430,422
Reference price 2 9.990 9.990 8.000 7.470 7.490 6.440
Announcement Date 1/16/19 1/27/20 1/27/21 1/26/22 1/26/23 1/25/24
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,172 2,231 654 2,066 2,780 3,771
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 924.3 1,061 -482.2 823.1 1,240 2,121
Net income 1 924.3 1,061 -482.2 823.1 1,240 2,121
Net margin 42.55% 47.56% -73.74% 39.85% 44.6% 56.25%
EPS 2 0.1702 0.1954 -0.0888 0.1516 0.2284 0.3906
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 1/16/19 1/27/20 1/27/21 1/26/22 1/26/23 1/25/24
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 11,236 13,010 14,327 4,576 7,886 5,406
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 12.7% 13.7% -5.97% 10% 13.9% 20.5%
ROA (Net income/ Total Assets) 1.54% 1.72% -0.71% 1.22% 1.78% 2.61%
Assets 1 60,134 61,578 67,681 67,738 69,836 81,288
Book Value Per Share 2 1.330 1.530 1.450 1.570 1.710 2.110
Cash Flow per Share 2 1.520 0.8800 1.760 0.4800 1.620 0.5200
Capex 1 42.7 46.4 45.4 67.7 54.3 110
Capex / Sales 1.97% 2.08% 6.94% 3.28% 1.95% 2.92%
Announcement Date 1/16/19 1/27/20 1/27/21 1/26/22 1/26/23 1/25/24
1AED in Million2AED
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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