Financials Jaiz Bank Plc

Equities

JAIZBANK

NGJAIZBANK05

Banks

End-of-day quote Nigerian S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.02 NGN +4.12% Intraday chart for Jaiz Bank Plc +4.66% +4.12%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 18,562 14,732 18,268 19,446 19,343 31,778
Enterprise Value (EV) 1 1,584 -3,238 4,275 -3,088 15,093 22,708
P/E ratio 34.6 x 17.7 x 7.48 x 6.7 x 4.06 x 4.62 x
Yield - - 4.84% 4.55% 7.14% 5.43%
Capitalization / Revenue 2.94 x 2.09 x 1.71 x 1.52 x 1.13 x 1.41 x
EV / Revenue 0.25 x -0.46 x 0.4 x -0.24 x 0.88 x 1.01 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.36 x 1.12 x 1.17 x 1.09 x 0.8 x 1.07 x
Nbr of stocks (in thousands) 29,464,249 29,464,249 29,464,249 29,464,249 34,541,172 34,541,172
Reference price 2 0.6300 0.5000 0.6200 0.6600 0.5600 0.9200
Announcement Date 4/3/18 3/29/19 5/29/20 3/31/21 3/31/22 4/6/23
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 6,315 7,059 10,661 12,797 17,182 22,492
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 894 897.7 2,110 3,066 4,373 6,633
Net income 1 537.1 834.4 2,443 2,903 4,299 6,881
Net margin 8.51% 11.82% 22.91% 22.69% 25.02% 30.59%
EPS 2 0.0182 0.0283 0.0829 0.0985 0.1380 0.1992
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.0300 0.0300 0.0400 0.0500
Announcement Date 4/3/18 3/29/19 5/29/20 3/31/21 3/31/22 4/6/23
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 16,978 17,970 13,993 22,535 4,250 9,070
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 4% 6.23% 17% 17.4% 20.4% 25.4%
ROA (Net income/ Total Assets) 0.7% 0.85% 1.77% 1.45% 1.68% 2.09%
Assets 1 76,687 97,896 137,870 200,443 256,441 329,563
Book Value Per Share 2 0.4600 0.4400 0.5300 0.6100 0.7000 0.8600
Cash Flow per Share 2 0.5800 0.6800 0.8800 1.290 1.040 1.210
Capex 1 667 708 609 1,075 4,324 3,205
Capex / Sales 10.57% 10.03% 5.71% 8.4% 25.16% 14.25%
Announcement Date 4/3/18 3/29/19 5/29/20 3/31/21 3/31/22 4/6/23
1NGN in Million2NGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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