Company Valuation: The National Bank of Ras Al-Khaimah

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,543 7,878 10,661 12,170 16,897 18,506 - -
Change - 4.44% 35.32% 14.15% 38.84% 9.52% - -
Enterprise Value (EV) 7,543 7,878 10,661 12,170 16,897 18,506 18,506 18,506
Change - 4.44% 35.32% 14.15% 38.84% 9.52% 0% 0%
P/E 10x 6.71x 5.96x 5.87x 6.51x 6.48x 7.16x 5.71x
PBR 0.9x 0.88x 0.86x 1.03x 1.15x 1.24x 1.18x -
PEG - 0.1x 0.1x 0.4x 0.3x 0.6x -0.75x 0.2x
Capitalization / Revenue 2.33x 2.28x 2.42x 2.58x 3.27x 3.05x 3.42x -
EV / Revenue 0x 0x 0x 0x 0x 3.05x 3.42x -
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 5.88x 5.39x -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.1875 0.2833 0.31 0.5 0.63 0.6453 0.66 -
Rate of return 5% 7.23% 5.85% 8.26% 7.5% 7.01% 7.17% -
EPS 2 0.375 0.5833 0.89 1.03 1.29 1.42 1.285 1.61
Distribution rate 50% 48.6% 34.8% 48.5% 48.8% 45.4% 51.4% -
Net sales 1 3,230 3,452 4,404 4,713 5,168 6,076 5,406 -
EBITDA - - - - - - - -
EBIT 1 1,835 1,967 2,803 3,054 3,316 3,148 3,436 -
Net income 1 756.1 1,171 1,784 2,076 2,609 2,855 2,584 3,232
Net Debt - - - - - - - -
Reference price 2 3.750 3.917 5.300 6.050 8.400 9.200 9.200 9.200
Nbr of stocks (in thousands) 2,011,494 2,011,494 2,011,494 2,011,495 2,011,495 2,011,495 - -
Announcement Date 2/1/22 2/13/23 1/29/24 1/23/25 1/27/26 - - -
1AED in Million2AED
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.42x - - 7.08% 4.99B
14.45x - - 1.74% 971B
13.85x - - 1.83% 453B
12.79x - - 4.1% 356B
18.73x - - 2.28% 297B
12.18x - - 2.14% 269B
14.62x - - 2.71% 255B
12.05x - - 2.11% 212B
25.74x - - 2.98% 204B
18.37x - - 2.56% 204B
Average 14.92x 2.95% 322.65B
Weighted average by Cap. 15.19x 2.34%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. RAKBANK Stock
  4. Valuation The National Bank of Ras Al-Khaimah