Financials Al Ahli Bank of Kuwait K.S.C.P.

Equities

ABK

KW0EQ0100044

Banks

End-of-day quote Kuwait S.E. 06:00:00 2024-07-10 pm EDT 5-day change 1st Jan Change
0.305 KWD +0.99% Intraday chart for Al Ahli Bank of Kuwait K.S.C.P. +5.17% +37.45%

Valuation

Fiscal Period: December 2023 2024 2025 2026
Capitalization 1 549.7 755.5 - -
Enterprise Value (EV) 1 549.7 755.5 755.5 755.5
P/E ratio 12.3 x 15.3 x 14.2 x 12.8 x
Yield 3.86% 3.12% 3.53% 4.02%
Capitalization / Revenue 3.02 x 3.76 x 3.62 x 3.38 x
EV / Revenue 3.02 x 3.76 x 3.62 x 3.38 x
EV / EBITDA - - - -
EV / FCF - - - -
FCF Yield - - - -
Price to Book 0.89 x 1.28 x 1.2 x 1.14 x
Nbr of stocks (in thousands) 2,476,990 2,476,990 - -
Reference price 2 0.2219 0.3050 0.3050 0.3050
Announcement Date 2/13/24 - - -
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 182 201 208.5 223.5
EBITDA - - - - -
EBIT 1 - 94.04 105 109.5 120.5
Operating Margin - 51.68% 52.24% 52.52% 53.91%
Earnings before Tax (EBT) 1 43.08 57.59 64 72.5 81
Net income 1 32.29 38.46 51.6 55 61.45
Net margin - 21.13% 25.67% 26.38% 27.49%
EPS 2 - 0.0181 0.0200 0.0214 0.0239
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 2 - 0.008570 0.009520 0.0108 0.0123
Announcement Date 2/5/23 2/13/24 - - -
1KWD in Million2KWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 - 47.52 51.06 50.5
EBITDA - - - -
EBIT 1 - 25.22 27 27
Operating Margin - 53.07% 52.88% 53.47%
Earnings before Tax (EBT) - - - -
Net income 1 8.735 12.54 14.52 15
Net margin - 26.39% 28.44% 29.7%
EPS 0.002860 - - -
Dividend per Share - - - -
Announcement Date 10/26/23 2/13/24 5/2/24 -
1KWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - - - - -
ROE (net income / shareholders' equity) - 8.04% 8.4% 8.6% 9.2%
ROA (Net income/ Total Assets) - 0.71% 0.8% 0.75% 0.8%
Assets 1 - 5,410 6,450 7,333 7,681
Book Value Per Share 2 - 0.2500 0.2400 0.2500 0.2700
Cash Flow per Share - - - - -
Capex - - - - -
Capex / Sales - - - - -
Announcement Date 2/5/23 2/13/24 - - -
1KWD in Million2KWD
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
HOLD
Number of Analysts
2
Last Close Price
0.305 KWD
Average target price
0.275 KWD
Spread / Average Target
-9.84%
Consensus

Quarterly revenue - Rate of surprise

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