Financials Stanbic Holdings Plc

Equities

SBIC

KE0000000091

Banks

End-of-day quote Nairobi S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
117.2 KES 0.00% Intraday chart for Stanbic Holdings Plc +4.22% +7.82%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 32,021 35,875 43,189 33,602 34,492 40,323
Enterprise Value (EV) 1 -5,591 -27,052 -21,087 -35,691 -23,494 -11,603
P/E ratio 7.43 x 5.72 x 6.77 x 6.47 x 4.78 x 4.45 x
Yield 6.48% 6.39% 6.45% 4.47% 10.3% 12.4%
Capitalization / Revenue 1.96 x 1.79 x 2 x 1.83 x 1.54 x 1.49 x
EV / Revenue -0.34 x -1.35 x -0.97 x -1.94 x -1.05 x -0.43 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.75 x 0.8 x 0.88 x 0.65 x 0.61 x 0.65 x
Nbr of stocks (in thousands) 395,322 395,322 395,322 395,322 395,322 395,322
Reference price 2 81.00 90.75 109.2 85.00 87.25 102.0
Announcement Date 4/9/18 4/13/19 4/11/20 3/4/21 3/2/22 5/4/23
1KES in Million2KES
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 16,303 20,030 21,630 18,361 22,465 27,140
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 5,401 8,948 7,710 6,227 9,756 12,172
Net income 1 4,309 6,277 6,381 5,192 7,208 9,060
Net margin 26.43% 31.34% 29.5% 28.28% 32.09% 33.38%
EPS 2 10.90 15.88 16.14 13.14 18.25 22.94
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 5.250 5.800 7.050 3.800 9.000 12.60
Announcement Date 4/9/18 4/13/19 4/11/20 3/4/21 3/2/22 5/4/23
1KES in Million2KES
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 37,612 62,928 64,276 69,293 57,986 51,926
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 10.4% 14.3% 13.6% 10.3% 13.3% 15.3%
ROA (Net income/ Total Assets) 1.86% 2.33% 2.15% 1.64% 2.19% 2.49%
Assets 1 231,718 269,661 297,104 316,123 328,742 364,353
Book Value Per Share 2 109.0 113.0 124.0 131.0 143.0 157.0
Cash Flow per Share 2 33.70 101.0 108.0 110.0 119.0 96.50
Capex 1 457 363 541 408 264 477
Capex / Sales 2.8% 1.81% 2.5% 2.22% 1.18% 1.76%
Announcement Date 4/9/18 4/13/19 4/11/20 3/4/21 3/2/22 5/4/23
1KES in Million2KES
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
117.2 KES
Average target price
129.2 KES
Spread / Average Target
+10.15%
Consensus

Chiffre d''affaires - Rate of surprise

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