Financials CRDB Bank Plc

Equities

CRDB

TZ1996100305

Banks

End-of-day quote Tanzania S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
560 TZS +1.82% Intraday chart for CRDB Bank Plc +5.66% +21.74%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 417,894 391,776 248,125 509,309 731,315 1,031,676
Enterprise Value (EV) 1 4,281 147,186 -129,703 24,531 -204,518 365,172
P/E ratio 11.5 x 6.11 x 2.07 x 3.08 x 2.73 x 2.94 x
Yield 3.13% 5.33% 17.9% 11.3% 12.9% 11.4%
Capitalization / Revenue 0.89 x 0.74 x 0.38 x 0.71 x 0.81 x 0.98 x
EV / Revenue 0.01 x 0.28 x -0.2 x 0.03 x -0.23 x 0.35 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.57 x 0.51 x 0.28 x 0.5 x 0.6 x 0.7 x
Nbr of stocks (in thousands) 2,611,839 2,611,839 2,611,839 2,611,839 2,611,839 2,611,839
Reference price 2 160.0 150.0 95.00 195.0 280.0 395.0
Announcement Date 6/13/18 5/3/19 10/27/20 3/31/21 4/21/22 5/11/23
1TZS in Million2TZS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 467,969 527,997 656,167 720,616 900,715 1,052,511
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 53,578 99,117 174,685 236,171 387,366 497,709
Net income 1 36,212 64,132 120,145 165,186 268,161 351,407
Net margin 7.74% 12.15% 18.31% 22.92% 29.77% 33.39%
EPS 2 13.86 24.55 46.00 63.24 102.7 134.5
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 5.000 8.000 17.00 22.00 36.00 45.00
Announcement Date 6/13/18 5/3/19 10/27/20 3/31/21 4/21/22 5/11/23
1TZS in Million2TZS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 413,613 244,590 377,828 484,778 935,833 666,504
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 5.03% 8.51% 14.6% 17.5% 24% 26%
ROA (Net income/ Total Assets) 0.64% 1.07% 1.9% 2.4% 3.35% 3.44%
Assets 1 5,653,708 5,968,544 6,316,440 6,883,897 7,994,068 10,227,212
Book Value Per Share 2 281.0 296.0 334.0 387.0 467.0 566.0
Cash Flow per Share 2 409.0 269.0 286.0 300.0 441.0 492.0
Capex 1 76,201 92,542 36,345 94,909 70,229 47,496
Capex / Sales 16.28% 17.53% 5.54% 13.17% 7.8% 4.51%
Announcement Date 6/13/18 5/3/19 10/27/20 3/31/21 4/21/22 5/11/23
1TZS in Million2TZS
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
560 TZS
Average target price
811 TZS
Spread / Average Target
+44.82%
Consensus

Chiffre d''affaires - Rate of surprise

  1. Stock Market
  2. Equities
  3. CRDB Stock
  4. Financials CRDB Bank Plc