AFRICAN EXPORT-IMPORT BANK |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.8 USD | 0.00% |
|
0.00% | -1.75% |
Valuation
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,069 | 3,661 | 4,753 | 4,162 | 3,659 | 4,090 |
| Enterprise Value (EV) 1 | 7,985 | 9,940 | 10,840 | 11,753 | 10,868 | 12,360 |
| P/E ratio | 19.1 x | 13.9 x | 16 x | 12.2 x | 9.89 x | 10.6 x |
| Yield | 1.23% | 1.74% | 1.52% | 1.99% | 2.74% | 2.93% |
| Capitalization / Revenue | 13.2 x | 9.87 x | 11.7 x | 8.66 x | 6.22 x | 6.23 x |
| EV / Revenue | 25.9 x | 26.8 x | 26.7 x | 24.5 x | 18.5 x | 18.8 x |
| EV / EBITDA | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - |
| Price to Book | 2.18 x | 1.54 x | 1.86 x | 1.32 x | 1.03 x | 1.05 x |
| Nbr of stocks (in thousands) | 946,220 | 1,076,870 | 1,162,100 | 1,272,720 | 1,355,160 | 1,514,630 |
| Reference price 2 | 4.300 | 3.400 | 4.090 | 3.270 | 2.700 | 2.700 |
| Announcement Date | 3/29/18 | 3/29/19 | 4/11/20 | 3/31/21 | 6/27/22 | 4/13/23 |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net sales 1 | 308.7 | 371 | 406.5 | 480.4 | 588.1 | 656.7 |
| EBITDA | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | 220.5 | 275.9 | 315.3 | 351.7 | 375.8 | 455.3 |
| Net income 1 | 220.5 | 275.9 | 315.3 | 351.7 | 375.8 | 455.3 |
| Net margin | 71.42% | 74.38% | 77.57% | 73.21% | 63.9% | 69.33% |
| EPS 2 | 0.2246 | 0.2440 | 0.2558 | 0.2688 | 0.2730 | 0.2555 |
| Free Cash Flow | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0530 | 0.0590 | 0.0620 | 0.0650 | 0.0740 | 0.0790 |
| Announcement Date | 3/29/18 | 3/29/19 | 4/11/20 | 3/31/21 | 6/27/22 | 4/13/23 |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 3,916 | 6,278 | 6,087 | 7,591 | 7,209 | 8,271 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 11.8% | 11.8% | 11.8% | 11.4% | 10.3% | 9.94% |
| ROA (Net income/ Total Assets) | 1.87% | 2.18% | 2.26% | 2.08% | 1.82% | 1.83% |
| Assets 1 | 11,820 | 12,667 | 13,930 | 16,874 | 20,604 | 24,849 |
| Book Value Per Share 2 | 1.970 | 2.200 | 2.200 | 2.480 | 2.610 | 2.580 |
| Cash Flow per Share 2 | 2.990 | 1.650 | 1.750 | 2.010 | 2.010 | 2.030 |
| Capex 1 | 1.73 | 1.51 | 2.26 | 9.22 | 34.1 | 73.5 |
| Capex / Sales | 0.56% | 0.41% | 0.56% | 1.92% | 5.8% | 11.19% |
| Announcement Date | 3/29/18 | 3/29/19 | 4/11/20 | 3/31/21 | 6/27/22 | 4/13/23 |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
2.8
USD
Average target price
3.86
USD
Spread / Average Target
+37.86%
- Stock Market
- Equities
- AEIB.N0004 Stock
- Financials African Export-Import Bank
