Financials National Bank of Oman SAOG

Equities

NBOB

OM0000001483

Banks

End-of-day quote Muscat Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
0.252 OMR 0.00% Intraday chart for National Bank of Oman SAOG -1.18% -10.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 299.2 260.2 318.7 469.9 455.3 409.7
Enterprise Value (EV) 1 299.2 260.2 318.7 469.9 455.3 409.7
P/E ratio 6.81 x 26.7 x 15.1 x 12 x 10 x 6.46 x
Yield 9.24% - 1.89% 2.56% 3.04% -
Capitalization / Revenue 2.33 x 2.23 x 2.58 x 3.4 x 3.12 x 2.66 x
EV / Revenue 2.33 x 2.23 x 2.58 x 3.4 x 3.12 x 2.66 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.54 x 0.63 x 0.72 x 0.99 x 0.9 x 0.81 x
Nbr of stocks (in thousands) 1,625,946 1,625,946 1,625,946 1,625,946 1,625,946 1,625,946
Reference price 2 0.1840 0.1600 0.1960 0.2890 0.2800 0.2520
Announcement Date 1/16/20 1/14/21 1/13/22 1/13/23 1/14/24 -
1OMR in Million2OMR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 128.3 116.9 123.4 138.2 145.9 154.3
EBITDA - - - - - -
EBIT 1 64.7 53.1 59.85 77.72 83.96 90.5
Operating Margin 50.43% 45.42% 48.52% 56.22% 57.56% 58.65%
Earnings before Tax (EBT) 1 57 21.8 35.87 57.47 68.26 74.8
Net income 1 51.4 18.1 30.28 48.21 58.03 62.9
Net margin 40.06% 15.48% 24.55% 34.87% 39.78% 40.76%
EPS 2 0.0270 0.006000 0.0130 0.0240 0.0280 0.0390
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 0.0170 - 0.003700 0.007400 0.008500 -
Announcement Date 1/16/20 1/14/21 1/13/22 1/13/23 1/14/24 -
1OMR in Million2OMR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 59.4 29.72 31.31 33.22 32.78 35.97 36.27 37.81 37.6 35.02 35.44 37.37
EBITDA - - - - - - - - - - - -
EBIT 1 - 14.9 14.23 18.68 18 21.34 19.7 22.56 21.98 19.3 20.12 22
Operating Margin - 50.12% 45.45% 56.25% 54.89% 59.34% 54.31% 59.67% 58.46% 55.11% 56.77% 58.87%
Earnings before Tax (EBT) - - - - - 16.01 - - - - - -
Net income 1 - 7.853 6.78 10.24 11.84 13.45 12.68 14.35 14.96 14.02 14.7 15.47
Net margin - 26.42% 21.65% 30.84% 36.11% 37.4% 34.96% 37.95% 39.79% 40.03% 41.48% 41.4%
EPS - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 7/15/20 10/14/21 1/13/22 4/27/22 7/13/22 10/27/22 1/13/23 4/12/23 7/13/23 10/12/23 1/14/24 4/17/24
1OMR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 9.43% 4.26% 7.08% 10.5% 11.8% 10.9%
ROA (Net income/ Total Assets) 1.43% 0.5% 0.79% 1.15% 1.27% -
Assets 1 3,607 3,628 3,857 4,189 4,558 -
Book Value Per Share 2 0.3400 0.2600 0.2700 0.2900 0.3100 0.3100
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 1/16/20 1/14/21 1/13/22 1/13/23 1/14/24 -
1OMR in Million2OMR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
0.252 OMR
Average target price
0.3108 OMR
Spread / Average Target
+23.31%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. NBOB Stock
  4. Financials National Bank of Oman SAOG