Financials Ajman Bank

Equities

AJMANBANK

AEA003201018

Banks

Market Closed - Dubai FM 12:00:12 26/04/2024 BST 5-day change 1st Jan Change
1.89 AED 0.00% Intraday chart for Ajman Bank +4.42% -9.13%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 1,953 1,638 1,730 2,478 5,665 5,095
Enterprise Value (EV) 1 1,953 1,638 1,730 2,478 5,665 5,095
P/E ratio - - - - - -
Yield - - - - - -
Capitalization / Revenue 3.07 x 2.66 x 2.59 x 4.38 x 5.99 x 5.55 x
EV / Revenue 3.07 x 2.66 x 2.59 x 4.38 x 5.99 x 5.55 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - - - - - -
Nbr of stocks (in thousands) 2,173,500 2,173,500 2,173,500 2,173,500 2,723,500 2,695,825
Reference price 2 0.8986 0.7536 0.7961 1.140 2.080 1.890
Announcement Date 12/02/20 17/02/21 07/02/22 09/02/23 14/02/24 -
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 636 614.7 668.1 565.9 946.2 918
EBITDA - - - - - -
EBIT 1 360.6 353.5 383.5 232.8 576.2 525
Operating Margin 56.7% 57.5% 57.41% 41.14% 60.9% 57.19%
Earnings before Tax (EBT) - - - - - -
Net income - - - - - -
Net margin - - - - - -
EPS - - - - - -
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 12/02/20 17/02/21 07/02/22 09/02/23 14/02/24 -
1AED in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 144.9 191.3 - 231.6 189.7 193.7 242.5 220
EBITDA - - - - - - - -
EBIT 1 75.63 118.8 - 141.4 94.95 102.1 149.1 122
Operating Margin 52.19% 62.09% - 61.04% 50.05% 52.7% 61.49% 55.45%
Earnings before Tax (EBT) - - - - - - - -
Net income - - 33.92 - - - - -
Net margin - - - - - - - -
EPS - - 0.0155 - - - - -
Dividend per Share - - - - - - - -
Announcement Date 28/10/21 07/02/22 22/04/22 04/05/23 01/08/23 09/11/23 14/02/24 -
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) 3.4% - 4.52% 6.29% -15% 7.5%
ROA (Net income/ Total Assets) 0.36% - 0.53% 0.75% -1.7% 0.8%
Assets - - - - - -
Book Value Per Share - - - - - -
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 12/02/20 17/02/21 07/02/22 09/02/23 14/02/24 -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
1.89 AED
Average target price
1.09 AED
Spread / Average Target
-42.33%
Consensus

Quarterly revenue - Rate of surprise