Ratings United Bank for Africa Plc

Equities

UBA

NGUBA0000001

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
22.8 ^NGN	+0.44%		+0.44%	-11.11%

Apr. 09	United Bank for Africa Plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	United Bank for Africa Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Strengths

The group's activity appears highly profitable thanks to its outperforming net margins.
Its low valuation, with P/E ratio at 2.47 and 2.61 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company appears to be poorly valued given its net asset value.
This company will be of major interest to investors in search of a high dividend stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Over the past four months, analysts' average price target has been revised upwards significantly.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Banks

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
UNITED BANK FOR AFRICA PLC	-11.11%	610M		C
AGRICULTURAL BANK OF CHINA LIMITED	+16.61%	214B		C+
PT BANK CENTRAL ASIA TBK	+3.99%	74.34B		A-
ANZ GROUP HOLDINGS LIMITED	+7.99%	55.76B		C+
CRÉDIT AGRICOLE S.A.	+13.41%	46.9B		B-
INDUSTRIAL BANK CO., LTD.	-0.25%	46.37B		B-
CHINA CITIC BANK CO., LTD.	+19.29%	45.3B		B
JAPAN POST BANK CO., LTD.	+10.93%	36.85B		B-
QATAR NATIONAL BANK (Q.P.S.C.)	-16.21%	35.14B		A-
INVEST BANK	-96.60%	32.24B	-	D

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes