Valuation The Saudi National Bank

Equities

Market Closed - Saudi Arabian S.E. Other stock markets 13:20:00 11/09/2024 BST			5-day change	1st Jan Change
34.15 ^SAR	-1.44%		-2.29%	-11.64%

09-01	Acwa Power Secures SAR10 Billion Funding for Three PV Solar Projects in Saudi Arabia	MT
08-26	Arqaam Capital Lifts Saudi National Bank PT, Maintains Buy Rating	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	147,315	129,635	285,663	224,132	229,737	203,022	-	-
Change	-	-12%	120.36%	-21.54%	2.5%	-11.63%	-	-
Enterprise Value (EV)	147,315	129,635	285,663	224,132	229,737	203,022	203,022	203,022
Change	-	-12%	120.36%	-21.54%	2.5%	-11.63%	0%	0%
P/E ratio	13.4x	11.8x	21.6x	12.5x	12x	10.2x	9.39x	8.73x
PBR	2.14x	1.63x	1.76x	1.35x	1.31x	1.21x	1.14x	1.07x
PEG	-	-43.42x	-1.1x	0.3x	1.89x	2.53x	1.14x	1.15x
Capitalization / Revenue	7.15x	6.04x	10x	6.79x	6.64x	5.53x	5.02x	4.66x
EV / Revenue	0x	0x	0x	0x	0x	5.53x	5.02x	4.66x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	7.83x	6.93x	6.41x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	1.725	-	1.162	1.275	1.75	1.848	1.964	2.146
Rate of return	4.67%	-	2.41%	3.37%	4.53%	5.41%	5.75%	6.29%
EPS ²	2.76	2.752	2.235	3.038	3.23	3.36	3.636	3.912
Distribution rate	62.5%	-	52%	42%	54.2%	55%	54%	54.9%
Net sales ¹	20,607	21,458	28,462	33,003	34,589	36,711	40,424	43,571
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	14,276	14,961	18,599	23,220	24,232	25,913	29,277	31,667
Net income ¹	11,401	11,440	12,670	18,580	20,010	20,333	22,189	23,938
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	36.94	32.51	48.30	37.88	38.65	34.15	34.15	34.15
Nbr of stocks (in thousands)	3,988,229	3,987,224	5,914,352	5,917,669	5,944,035	5,945,000	-	-
Announcement Date	29/01/20	16/02/21	02/02/22	01/02/23	05/02/24	-	-	-

¹SAR in Million²SAR

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
THE SAUDI NATIONAL BANK	10.31x	-	-	+5.33%	54.9B
KUWAIT FINANCE HOUSE K.S.C.P.	19.37x	-	-	+2.59%	39.32B
ALINMA BANK	13.83x	-	-	+2.82%	19.99B
ABU DHABI ISLAMIC BANK	9.13x	-	-	+5.81%	12.85B
BANK ALBILAD	17.56x	-	-	+1.34%	12.61B
DUBAI ISLAMIC BANK	7.48x	-	-	+7.08%	12.24B
BOUBYAN BANK K.S.C.P.	29.15x	-	-	+1.62%	8B
PT BANK SYARIAH INDONESIA TBK	18.03x	-	-	+0.78%	7.91B
MASRAF AL RAYAN (Q.P.S.C.)	15.02x	-	-	+4.21%	6.04B
Average	15.54x	-	-	+3.51%	19.32B
Weighted average by Cap.	14.39x	-	-	+3.88%