UNITED ARAB BANK |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.13 AED | -2.59% |
|
-2.59% | -16.30% |
| Apr. 25 | United Arab Bank P.J.S.C. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Mar. 22 | Fitch Affirms United Arab Bank's Rating With Stable Outlook | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,060 | 1,751 | 1,388 | 1,753 | 2,784 | 2,331 |
| Enterprise Value (EV) 1 | 2,060 | 1,751 | 1,388 | 1,753 | 2,784 | 2,331 |
| P/E ratio | - | - | 22.4 x | 10.6 x | 11.3 x | 14.9 x |
| Yield | - | - | - | - | - | 2.65% |
| Capitalization / Revenue | 3.78 x | 4.35 x | 3.09 x | 3.5 x | 4.83 x | 4.45 x |
| EV / Revenue | 3.78 x | 4.35 x | 3.09 x | 3.5 x | 4.83 x | 4.45 x |
| EV / EBITDA | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - |
| Price to Book | 0.95 x | - | - | 1.48 x | - | 1.28 x |
| Nbr of stocks (in thousands) | 2,062,551 | 2,062,551 | 2,062,551 | 2,062,551 | 2,062,551 | 2,062,551 |
| Reference price 2 | 0.9990 | 0.8490 | 0.6730 | 0.8500 | 1.350 | 1.130 |
| Announcement Date | 2/13/20 | 2/15/21 | 2/14/22 | 2/14/23 | 2/8/24 | - |
1AED in Million2AED
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Net sales 1 | 544.8 | 402.9 | 449.6 | 500.8 | 576.5 | 524 |
| EBITDA | - | - | - | - | - | - |
| EBIT 1 | 230.7 | 140.8 | 205.9 | 249 | 291.7 | 319 |
| Operating Margin | 42.35% | 34.96% | 45.8% | 49.72% | 50.59% | 60.88% |
| Earnings before Tax (EBT) 1 | - | - | - | 154.7 | 255.3 | 259 |
| Net income 1 | - | - | - | 154.7 | 255.3 | 236 |
| Net margin | - | - | - | 30.9% | 44.29% | 45.04% |
| EPS 2 | - | - | 0.0300 | 0.0800 | 0.1200 | 0.0760 |
| Free Cash Flow | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | 0.0300 |
| Announcement Date | 2/13/20 | 2/15/21 | 2/14/22 | 2/14/23 | 2/8/24 | - |
1AED in Million2AED
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 113.1 | - | 125.9 | 108.2 | 149.8 | 122.7 | 149.9 | 174.2 | 129.6 | 163.5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 49.69 | - | 68.3 | 40.36 | 81.95 | 57.16 | 81.17 | 97.93 | 55.4 | 85.79 |
| Operating Margin | 43.94% | - | 54.27% | 37.29% | 54.7% | 46.58% | 54.16% | 56.2% | 42.74% | 52.48% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | - | - | - | 75.01 |
| Net income 1 | - | 30.39 | 52.89 | 35.79 | - | 54.75 | 65.77 | 88.5 | 46.29 | 68.25 |
| Net margin | - | - | 42.02% | 33.07% | - | 44.62% | 43.88% | 50.79% | 35.7% | 41.75% |
| EPS | - | 0.0200 | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/14/22 | 4/28/22 | 7/28/22 | 11/9/22 | 2/14/23 | 4/18/23 | 7/24/23 | 10/24/23 | 2/8/24 | 4/25/24 |
1AED 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) | -20.1% | - | 4.73% | 10.3% | 13.5% | 13.8% |
| ROA (Net income/ Total Assets) | -2.38% | - | 0.47% | 1.06% | 1.61% | 1.3% |
| Assets 1 | - | - | - | 14,624 | 15,858 | 18,154 |
| Book Value Per Share 2 | 1.050 | - | - | 0.5800 | - | 0.8800 |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - |
| Announcement Date | 2/13/20 | 2/15/21 | 2/14/22 | 2/14/23 | 2/8/24 | - |
1AED in Million2AED
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
SELL
Number of Analysts
3
Last Close Price
1.13
AED
Average target price
1.067
AED
Spread / Average Target
-5.60%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -16.30% | 634M | |
| +16.61% | 210B | |
| +2.39% | 73.14B | |
| +7.99% | 54.82B | |
| +1.36% | 47.1B | |
| +13.25% | 47B | |
| +19.29% | 44.81B | |
| +10.93% | 36.6B | |
| -16.21% | 35.14B | |
| -96.60% | 32.24B |
- Stock Market
- Equities
- UAB Stock
- Financials United Arab Bank
