Financials Qatar Islamic Bank (Q.P.S.C.)

Equities

QIBK

QA0006929853

Banks

End-of-day quote Qatar Exchange 23:00:00 24/04/2024 BST 5-day change 1st Jan Change
17.84 QAR +1.25% Intraday chart for Qatar Islamic Bank (Q.P.S.C.) -2.09% -17.02%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 36,224 40,430 43,313 43,856 50,803 42,155 - -
Enterprise Value (EV) 1 36,224 40,430 43,313 43,856 50,803 42,155 42,155 42,155
P/E ratio 12.7 x 14.1 x 12.9 x 11.5 x 12.4 x 9.65 x 9.79 x 9.28 x
Yield 3.26% 2.34% 3.14% 3.37% 3.37% 4.35% 4.78% 5.36%
Capitalization / Revenue 7.5 x 7.43 x 7.23 x 6.87 x 7.79 x 6.2 x 5.92 x 5.65 x
EV / Revenue 7.5 x 7.43 x 7.23 x 6.87 x 7.79 x 6.2 x 5.92 x 5.65 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.11 x 2.21 x 2.09 x 1.89 x 2 x 1.58 x 1.46 x 1.35 x
Nbr of stocks (in thousands) 2,362,932 2,362,932 2,362,932 2,362,932 2,362,932 2,362,932 - -
Reference price 2 15.33 17.11 18.33 18.56 21.50 17.84 17.84 17.84
Announcement Date 15/01/20 19/01/21 16/01/22 16/01/23 16/01/24 - - -
1QAR in Million2QAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,830 5,439 5,990 6,382 6,521 6,796 7,115 7,464
EBITDA - - - - - - - -
EBIT 1 3,729 4,348 4,904 5,270 6,866 5,681 5,966 6,361
Operating Margin 77.21% 79.93% 81.88% 82.57% 105.29% 83.59% 83.85% 85.21%
Earnings before Tax (EBT) 1 2,996 3,032 3,563 4,034 4,301 4,615 4,939 5,254
Net income 1 3,055 3,065 3,563 4,005 4,305 4,463 4,440 4,635
Net margin 63.26% 56.35% 59.48% 62.76% 66.02% 65.68% 62.4% 62.1%
EPS 2 1.210 1.210 1.420 1.620 1.730 1.848 1.823 1.923
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.5000 0.4000 0.5750 0.6250 0.7250 0.7760 0.8533 0.9570
Announcement Date 15/01/20 19/01/21 16/01/22 16/01/23 16/01/24 - - -
1QAR in Million2QAR
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
Net sales 1 1,447 1,604 1,613 1,577 1,588 1,515 1,595 1,660 1,752
EBITDA - - - - - - - - -
EBIT 1 1,159 1,335 1,343 1,291 1,330 1,230 1,690 1,384 1,816
Operating Margin 80.06% 83.23% 83.28% 81.85% 83.7% 81.21% 105.95% 83.39% 103.64%
Earnings before Tax (EBT) - - - - - - - - -
Net income 1 1,037 855 960.2 1,035 1,155 905.3 1,050 1,100 1,250
Net margin 71.68% 53.3% 59.55% 65.62% 72.71% 59.77% 65.84% 66.27% 71.34%
EPS 2 - 0.3600 0.4100 0.4400 0.4100 0.3800 0.4400 0.4700 0.4400
Dividend per Share 2 - - - - - - - - 0.7250
Announcement Date 16/01/22 14/04/22 18/07/22 17/10/22 16/01/23 11/04/23 16/07/23 17/10/23 16/01/24
1QAR in Million2QAR
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) 15.1% 17.3% 18.3% 18.2% 17.7% 17% 15.5% 15.5%
ROA (Net income/ Total Assets) 1.93% 1.81% 1.93% 2.12% 2.31% 2.23% 2.18% 2.13%
Assets 1 158,376 168,942 184,136 188,960 186,578 199,851 204,126 217,265
Book Value Per Share 2 7.250 7.750 8.780 9.840 10.70 11.30 12.20 13.30
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 15/01/20 19/01/21 16/01/22 16/01/23 16/01/24 - - -
1QAR in Million2QAR
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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
17.84 QAR
Average target price
21.54 QAR
Spread / Average Target
+20.75%
Consensus
  1. Stock Market
  2. Equities
  3. QIBK Stock
  4. Financials Qatar Islamic Bank (Q.P.S.C.)