Financials The Housing Bank for Trade and Finance

Equities

THBK

JO1100411015

Banks

End-of-day quote Amman S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
3.56 JOD +2.30% Intraday chart for The Housing Bank for Trade and Finance +2.59% -4.56%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,637 1,726 945 1,166 1,150 1,175
Enterprise Value (EV) 1 1,333 614.6 -39.47 280.6 670.9 803.7
P/E ratio 29.2 x 21.3 x 25.8 x 11 x 8.88 x 8.59 x
Yield 1.79% - 4% 5.41% 6.85% 6.7%
Capitalization / Revenue 9.21 x 5.64 x 3.91 x 3.82 x 3.09 x 2.92 x
EV / Revenue 4.66 x 2.01 x -0.16 x 0.92 x 1.81 x 2 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.57 x 1.62 x 0.86 x 1.01 x 0.96 x 0.93 x
Nbr of stocks (in thousands) 315,000 315,000 315,000 315,000 315,000 315,000
Reference price 2 8.370 5.480 3.000 3.700 3.650 3.730
Announcement Date 2/12/19 5/6/20 3/18/21 1/31/22 2/5/23 2/4/24
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 286.1 305.8 241.7 304.9 371.6 402.3
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 132 132.2 77.65 163.1 197.6 217.4
Net income 1 90.32 80.87 36.61 105.6 129.5 136.7
Net margin 31.56% 26.44% 15.15% 34.64% 34.85% 33.98%
EPS 2 0.2867 0.2567 0.1162 0.3353 0.4111 0.4341
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1500 - 0.1200 0.2000 0.2500 0.2500
Announcement Date 2/12/19 5/6/20 3/18/21 1/31/22 2/5/23 2/4/24
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,304 1,112 984 885 479 371
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 8.61% 7.6% 3.72% 9.26% 10.7% 10.9%
ROA (Net income/ Total Assets) 1.15% 1% 0.51% 1.33% 1.59% 1.64%
Assets 1 7,857 8,087 7,213 7,939 8,170 8,322
Book Value Per Share 2 3.260 3.390 3.490 3.670 3.810 4.030
Cash Flow per Share 2 4.410 3.890 4.020 3.860 2.650 2.040
Capex 1 17.6 12 7.86 7.94 12.4 13.2
Capex / Sales 6.16% 3.91% 3.25% 2.6% 3.33% 3.28%
Announcement Date 2/12/19 5/6/20 3/18/21 1/31/22 2/5/23 2/4/24
1JOD in Million2JOD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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