Projected Income Statement: The National Bank of Ras Al-Khaimah

Forecast Balance Sheet: The National Bank of Ras Al-Khaimah

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 2/1/22 A 2/13/23 A 1/29/24 A 1/23/25 A 1/27/26 A - - -
Estimates

Cash Flow Forecast: The National Bank of Ras Al-Khaimah

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 97.08 53.59 82.58 165.4 233.6 281
Change - -44.8% 54.1% 100.25% 41.23% 20.31%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 2/18/21 A 3/11/22 A 2/24/23 A 2/1/24 A 1/31/25 A 2/6/26 A
1AED in Million
Estimates

Forecast Financial Ratios: The National Bank of Ras Al-Khaimah

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 56.8% 57% 63.64% 64.8% 64.16% 51.81% 63.55% -
EBT Margin (%) - 23.47% 33.7% 40.81% 48.33% 55.44% 51.81% 52.68% -
Net margin (%) - 23.41% 33.92% 40.5% 44.05% 50.48% 46.99% 47.81% -
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 1.4% 1.88% 2.6% 2.6% 2.8% 2.57% 2.5% -
ROE - 9.5% 13.5% 18.4% 18.4% 20.2% 18.23% 17.9% -

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - 0.1875 0.2833 0.31 0.5 0.63 0.6453 0.66 -
Change - - 51.11% 9.41% 61.29% 26% 2.43% 2.27% -
Book Value Per Share 1 - 4.148 4.474 6.162 5.849 7.315 7.407 7.77 -
Change - - 7.85% 37.73% -5.07% 25.06% 1.26% 4.9% -
EPS 1 - 0.375 0.5833 0.89 1.03 1.29 1.42 1.285 1.61
Change - - 55.55% 52.57% 15.73% 25.24% 10.08% -9.51% 25.29%
Nbr of stocks (in thousands) - 2,011,494 2,011,494 2,011,494 2,011,495 2,011,495 2,011,495 2,011,495 2,011,495
Announcement Date - 2/1/22 A 2/13/23 A 1/29/24 A 1/23/25 A 1/27/26 A - - -
1AED
Estimates
2026 *2027 *
P/E 6.62x 7.32x
PBR 1.27x 1.21x
EV / Sales 3.11x 3.5x
Yield 6.87% 7.02%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
9.400AED
Average target price
9.300AED
Spread / Average Target
-1.06%

Quarterly revenue - Rate of surprise

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