Valuation The National Bank of Ras Al-Khaimah

Stocks

Market Closed - Abu Dhabi Securities Exchange 07:46:18 13/11/26 pm AEDT			5-day change	1st Jan Change
9.960 ^AED	+0.10%		-0.10%	+18.57%

23/10	Emirati Bourses in Red as Financial Stocks, Geopolitical Tensions Drag Indices	MT
23/10	Rakbank Resumes Trading in Abu Dhabi	MT

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	20,034	-	-
Change	-	4.44%	35.32%	14.15%	38.84%	18.57%	-	-
Enterprise Value (EV)	7,543	7,878	10,661	12,170	16,897	20,034	20,034	20,034
Change	-	4.44%	35.32%	14.15%	38.84%	18.57%	0%	0%
P/E	10x	6.71x	5.96x	5.87x	6.51x	6.38x	7.57x	5.93x
PBR	0.9x	0.88x	0.86x	1.03x	1.15x	1.25x	1.27x	-
PEG	-	0.1x	0.1x	0.4x	0.3x	0.3x	-0.5x	0.2x
Capitalization / Revenue	2.33x	2.28x	2.42x	2.58x	3.27x	3.38x	3.71x	-
EV / Revenue	0x	0x	0x	0x	0x	3.38x	3.71x	-
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	5.12x	5.4x	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.1875	0.2833	0.31	0.5	0.63	0.793	0.66	-
Rate of return	5%	7.23%	5.85%	8.26%	7.5%	7.96%	6.63%	-
EPS ²	0.375	0.5833	0.89	1.03	1.29	1.56	1.315	1.68
Distribution rate	50%	48.6%	34.8%	48.5%	48.8%	50.8%	50.2%	-
Net sales ¹	3,230	3,452	4,404	4,713	5,168	5,927	5,406	-
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	1,835	1,967	2,803	3,054	3,316	3,914	3,708	-
Net income ¹	756.1	1,171	1,784	2,076	2,609	3,141	2,642	3,387
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	3.750	3.917	5.300	6.050	8.400	9.960	9.960	9.960
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	1/2/22	13/2/23	29/1/24	23/1/25	27/1/26	-	-	-

¹AED in Million²AED

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
THE NATIONAL BANK OF RAS AL-KHAIMAH	6.38x	-	-	7.96%	5.45B
JPMORGAN CHASE & CO.	13.92x	-	-	1.84%	919B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.32x	-	-	4.84%	445B
AGRICULTURAL BANK OF CHINA LIMITED	7.09x	-	-	4.55%	379B
CHINA CONSTRUCTION BANK CORPORATION	6.61x	-	-	4.75%	360B
BANK OF AMERICA CORPORATION	11.68x	-	-	2.34%	352B
BANK OF CHINA LIMITED	6.92x	-	-	4.63%	324B
HSBC HOLDINGS PLC	11.12x	-	-	4.72%	306B
ROYAL BANK OF CANADA	17.77x	-	-	2.37%	280B
WELLS FARGO & COMPANY	11.72x	-	-	2.21%	258B
Average	9.95x			4.02%	363B
Weighted average by Cap.	10.60x			3.4%