BANQUE SAUDI FRANSI |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 36.1 SAR | +0.14% |
|
-1.10% | -9.75% |
| Apr. 25 | Banque Saudi Fransi Posts Higher Q1 Net Profit, Commission Income | MT |
| Apr. 04 | Banque Saudi Fransi to Repurchase Shares | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 45,453 | 37,898 | 56,681 | 48,700 | 47,928 | 43,226 | - | - |
| Enterprise Value (EV) 1 | 45,453 | 37,898 | 56,681 | 48,700 | 47,928 | 43,226 | 43,226 | 43,226 |
| P/E ratio | 14.6 x | 25.5 x | 17.5 x | 14.6 x | 12 x | 9.97 x | 8.92 x | 8.38 x |
| Yield | 5.28% | 1.27% | 3.17% | 4.06% | 4.88% | 5.6% | 5.9% | 6.15% |
| Capitalization / Revenue | 6.61 x | 5.38 x | 7.89 x | 6.07 x | 5.14 x | 4.51 x | 4.26 x | 3.99 x |
| EV / Revenue | 6.61 x | 5.38 x | 7.89 x | 6.07 x | 5.14 x | 4.51 x | 4.26 x | 3.99 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 1.38 x | 0.98 x | 1.43 x | 1.26 x | 1.17 x | 1 x | 1.06 x | 1 x |
| Nbr of stocks (in thousands) | 1,199,300 | 1,199,300 | 1,199,600 | 1,199,500 | 1,198,200 | 1,197,400 | - | - |
| Reference price 2 | 37.90 | 31.60 | 47.25 | 40.60 | 40.00 | 36.10 | 36.10 | 36.10 |
| Announcement Date | 2/5/20 | 2/15/21 | 2/7/22 | 2/19/23 | 2/13/24 | - | - | - |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,873 | 7,045 | 7,188 | 8,017 | 9,324 | 9,577 | 10,153 | 10,830 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 4,628 | 4,681 | 4,741 | 5,364 | 6,302 | 6,419 | 6,991 | 7,589 |
| Operating Margin | 67.33% | 66.44% | 65.96% | 66.9% | 67.59% | 67.03% | 68.86% | 70.07% |
| Earnings before Tax (EBT) 1 | 3,619 | 2,010 | 3,837 | 4,004 | 4,708 | 5,123 | 5,401 | 5,769 |
| Net income 1 | 3,120 | 1,546 | 3,450 | 3,575 | 4,223 | 4,366 | 4,801 | 5,212 |
| Net margin | 45.4% | 21.95% | 48% | 44.59% | 45.29% | 45.59% | 47.29% | 48.12% |
| EPS 2 | 2.600 | 1.240 | 2.700 | 2.790 | 3.330 | 3.620 | 4.049 | 4.307 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 2.000 | 0.4000 | 1.500 | 1.650 | 1.950 | 2.020 | 2.129 | 2.219 |
| Announcement Date | 2/5/20 | 2/15/21 | 2/7/22 | 2/19/23 | 2/13/24 | - | - | - |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,914 | 1,725 | 1,851 | 1,896 | 2,135 | 2,135 | 2,318 | 2,347 | 2,468 | 2,191 | 2,331 | 2,323 | 2,376 | 2,417 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | 1,306 | 1,104 | 1,247 | 1,248 | 1,457 | 1,412 | 1,606 | 1,624 | 1,734 | 1,345 | 1,582 | - | - | - |
| Operating Margin | - | 68.23% | 64.03% | 67.37% | 65.8% | 68.25% | 66.13% | 69.28% | 69.17% | 70.26% | 61.39% | 69.08% | - | - | - |
| Earnings before Tax (EBT) 1 | - | 907.2 | 1,168 | - | 928 | 1,057 | 1,044 | 1,200 | - | 1,383 | 931.8 | 1,282 | - | - | - |
| Net income 1 | 1,549 | 907.2 | 993.4 | 875 | 837 | 960.9 | 902.7 | 1,076 | 1,073 | 1,245 | 827.5 | 1,150 | - | - | - |
| Net margin | - | 47.4% | 57.59% | 47.27% | 44.15% | 45% | 42.28% | 46.44% | 45.73% | 50.45% | 37.77% | 49.34% | - | - | - |
| EPS | - | - | - | 0.6800 | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | 0.7500 | - | 0.8500 |
| Announcement Date | 8/4/21 | 10/27/21 | 2/7/22 | 4/24/22 | 7/27/22 | 11/6/22 | 2/19/23 | 5/16/23 | 7/31/23 | 10/24/23 | 2/13/24 | 4/25/24 | - | - | - |
1SAR in Million2SAR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 9.77% | 4.32% | 8.81% | 9.12% | 10.6% | 10.3% | 11.8% | 12% |
| ROA (Net income/ Total Assets) | 1.69% | 0.83% | 1.68% | 1.6% | 1.74% | 1.6% | 1.65% | 1.63% |
| Assets 1 | 184,473 | 186,066 | 204,942 | 223,935 | 242,728 | 272,875 | 290,970 | 319,359 |
| Book Value Per Share 2 | 27.50 | 32.20 | 33.10 | 32.30 | 34.30 | 36.30 | 34.10 | 36.20 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/5/20 | 2/15/21 | 2/7/22 | 2/19/23 | 2/13/24 | - | - | - |
1SAR in Million2SAR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
36.1
SAR
Average target price
44.24
SAR
Spread / Average Target
+22.55%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -9.75% | 11.53B | |
| +13.75% | 556B | |
| +12.36% | 298B | |
| +8.64% | 247B | |
| +21.72% | 210B | |
| +16.11% | 170B | |
| +6.88% | 162B | |
| +4.42% | 153B | |
| -11.67% | 138B | |
| +0.10% | 139B |
- Stock Market
- Equities
- 1050 Stock
- Financials Banque Saudi Fransi
