Financials Suez Canal Bank (S.A.E)

Equities

CANA

EGS60231C015

Banks

End-of-day quote Egyptian Exchange 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
13.21 EGP +3.20% Intraday chart for Suez Canal Bank (S.A.E) +4.34% +19.56%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,480 1,346 2,070 2,418 3,026 5,525
Enterprise Value (EV) 1 -15,095 -10,569 -8,482 -5,492 -4,482 -29,268
P/E ratio 3.52 x 2.76 x 3.79 x 4.43 x 3.3 x 2.76 x
Yield - - - - - -
Capitalization / Revenue 1.2 x 0.79 x 1.08 x 1.2 x 0.96 x 1.08 x
EV / Revenue -12.2 x -6.18 x -4.41 x -2.72 x -1.41 x -5.7 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.51 x 0.41 x 0.54 x 0.55 x 0.55 x 0.71 x
Nbr of stocks (in thousands) 500,005 500,005 500,005 500,005 500,006 500,006
Reference price 2 2.960 2.692 4.140 4.836 6.053 11.05
Announcement Date 10/06/19 24/02/20 22/02/21 20/02/22 28/02/23 02/03/24
1EGP in Million2EGP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,233 1,709 1,923 2,017 3,168 5,132
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 692.7 958.4 1,031 1,050 1,633 3,386
Net income 1 420.2 542.2 601.7 604.7 1,040 2,293
Net margin 34.09% 31.73% 31.29% 29.97% 32.83% 44.68%
EPS 2 0.8404 0.9764 1.091 1.093 1.834 4.009
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 10/06/19 24/02/20 22/02/21 20/02/22 28/02/23 02/03/24
1EGP in Million2EGP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 1 513.2 669.9 603.1 763.1 1,556 1,313 1,562
EBITDA - - - - - - -
EBIT 1 204.1 347.8 282 262.6 987.3 929.8 1,164
Operating Margin 39.77% 51.92% 46.76% 34.41% 63.45% 70.83% 74.53%
Earnings before Tax (EBT) - - - - - - -
Net income - 171.6 - - 251 - -
Net margin - 25.61% - - 16.13% - -
EPS - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 20/02/22 15/08/22 15/11/22 28/02/23 30/05/23 14/08/23 14/11/23
1EGP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 16,575 11,915 10,552 7,910 7,509 34,792
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 15.8% 17.5% 16.8% 14.6% 21% 34.5%
ROA (Net income/ Total Assets) 0.96% 1.09% 1.13% 1.08% 1.57% 2.58%
Assets 1 43,688 49,716 53,169 55,911 66,051 88,803
Book Value Per Share 2 5.770 6.620 7.740 8.800 11.00 15.60
Cash Flow per Share 2 33.00 24.20 21.90 2.390 16.50 70.40
Capex 1 96 80.3 81.4 59.8 47.6 88.7
Capex / Sales 7.79% 4.7% 4.23% 2.96% 1.5% 1.73%
Announcement Date 10/06/19 24/02/20 22/02/21 20/02/22 28/02/23 02/03/24
1EGP in Million2EGP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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