Ratings Sharjah Islamic Bank

Equities

SIB

AES000201013

Market Closed - Abu Dhabi Securities Exchange Other stock markets 06:55:00 2024-04-26 am EDT			5-day change	1st Jan Change
2.23 ^AED	-0.45%		0.00%	-8.23%

Apr. 22	Sharjah Islamic Bank PJSC Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 22	Sharjah Islamic Bank Logs Higher Q1 Attributable Profit, Operating Income	MT

Summary

The company's Refinitiv ESG score, based on a relative ranking of the company within its sector, comes out particularly poor.

Strengths

Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Its low valuation, with P/E ratio at 9.29 and 8.58 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.
The company is one of the best yield companies with high dividend expectations.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The company's earnings growth outlook lacks momentum and is a weakness.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Banks

	1st Jan change	Capi.	ESG Refinitiv
SHARJAH ISLAMIC BANK	-8.23%	1.96B	D+
THE SAUDI NATIONAL BANK	-4.40%	58.55B	B-
KUWAIT FINANCE HOUSE K.S.C.P.	+8.54%	39B	C
ALINMA BANK	+5.27%	21.7B	C-
BANK ALBILAD	-4.29%	11.6B	B-
ABU DHABI ISLAMIC BANK	+10.67%	11.07B	C
BOUBYAN BANK K.S.C.P.	+3.00%	7.95B	B
PT BANK SYARIAH INDONESIA TBK	+41.95%	7.02B	C+
MASRAF AL RAYAN (Q.P.S.C.)	-6.78%	6.32B	C-
DUKHAN BANK Q.P.S.C.	-1.89%	5.57B	-

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