Financials Faysal Bank Limited

Equities

FABL

PK0070501017

Banks

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
39.9 PKR +1.09% Intraday chart for Faysal Bank Limited -5.23% +22.47%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 28,867 26,226 34,907 39,202 49,447 60,556 -
Enterprise Value (EV) 1 28,867 26,226 34,907 39,202 49,447 60,556 60,556
P/E ratio 4.8 x 3.93 x 4.18 x 3.43 x 2.44 x 2.8 x 3.65 x
Yield - - 6.52% 27.1% 12.3% 20.1% 20.1%
Capitalization / Revenue - - 1,004,360 x - - - -
EV / Revenue - - 1,004,360 x - - - -
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - 0.44 x 0.53 x - - - -
Nbr of stocks (in thousands) 1,517,697 1,517,697 1,517,697 1,517,697 1,517,697 1,517,697 -
Reference price 2 19.02 17.28 23.00 25.83 32.58 39.90 39.90
Announcement Date 3/4/20 2/18/21 3/7/22 2/23/23 2/15/24 - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales - - 34,755 - - - -
EBITDA - - - - - - -
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) - - 13,692 - - - -
Net income - 6,681 8,353 - - - -
Net margin - - 24.03% - - - -
EPS 1 3.960 4.400 5.500 7.540 13.34 14.24 10.93
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 1 - - 1.500 7.000 4.000 8.000 8.000
Announcement Date 3/4/20 2/18/21 3/7/22 2/23/23 2/15/24 - -
1PKR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1
Net sales - 9,306 9,150 9,474 11,483 - - - - - - - - -
EBITDA - - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - -
Earnings before Tax (EBT) - 3,499 3,555 3,621 5,102 - - - - - - - - -
Net income - 2,138 2,147 2,210 2,148 - - - - - - - - -
Net margin - 22.97% 23.47% 23.32% 18.71% - - - - - - - - -
EPS 1 2.500 1.410 1.410 1.460 1.410 2.870 2.280 2.390 2.180 2.870 5.050 3.060 5.230 3.470
Dividend per Share 1 - - 1.000 - 0.5000 0.5000 - 1.000 - 1.000 1.000 1.000 2.000 2.000
Announcement Date 8/20/20 10/28/21 3/7/22 4/28/22 8/25/22 8/25/22 10/27/22 2/23/23 4/28/23 8/24/23 8/24/23 10/26/23 2/15/24 -
1PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 42,207 29,082 27,431 81,536 135,739 149,803
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 11.8% 12.2% 11.6% 13.2% 16.7% 25.1%
ROA (Net income/ Total Assets) 0.89% 0.98% 1% 1.06% 1.18% 1.66%
Assets 1 547,463 614,917 670,005 790,037 972,506 1,223,204
Book Value Per Share 2 28.70 36.40 39.70 43.60 46.50 59.90
Cash Flow per Share 2 13.40 15.20 20.70 17.80 14.10 20.90
Capex 1 1,210 2,501 1,395 3,103 3,379 6,966
Capex / Sales 5.24% 9.05% 4.55% 8.94% 6.7% 8.4%
Announcement Date 3/7/19 3/4/20 3/8/21 3/7/22 3/7/23 2/15/24
1PKR in Million2PKR
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
BUY
Number of Analysts
3
Last Close Price
39.9 PKR
Average target price
43.7 PKR
Spread / Average Target
+9.52%
Consensus
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