Why is Jordan Islamic Bank ?
1
With a growth in Interest of NAN%, the company declared Very Positive results in Mar 26
- The company has declared positive results for the last 2 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at JOD 111.51 MM
- NET SALES(Q) At JOD 76.12 MM has Grown at 61.42%
- CREDIT DEPOSIT RATIO(Q) Highest at 0%
2
With ROA of 0.86%, it has a fair valuation with a 1.59 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 14.87%, its profits have risen by 8.6% ; the PEG ratio of the company is 1.5
How much should you buy?
- Overall Portfolio exposure to Jordan Islamic Bank should be less than 10%
- Overall Portfolio exposure to Major Banks should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Major Banks)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Jordan Islamic Bank for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Jordan Islamic Bank
14.39%
1.66
11.01%
Jordan General Index
46.42%
4.78
10.29%
Quality key factors
Factor
Value
Sales Growth (5y)
11.76%
EBIT Growth (5y)
19.24%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
70.32%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
1.59
EV to EBIT
1.65
EV to EBITDA
1.59
EV to Capital Employed
-5.43
EV to Sales
1.31
PEG Ratio
1.53
Dividend Yield
0.05%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
12.08%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
Mildly Bullish
Technical Movement
16What is working for the Company
OPERATING CASH FLOW(Y)
Highest at JOD 111.51 MM
NET SALES(Q)
At JOD 76.12 MM has Grown at 61.42%
CREDIT DEPOSIT RATIO(Q)
Highest at 0%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Jordan Islamic Bank
Operating Cash Flow
Highest at JOD 111.51 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JOD MM)
Net Sales
At JOD 76.12 MM has Grown at 61.42%
over average net sales of the previous four periods of JOD 47.15 MMMOJO Watch
Near term sales trend is very positive
Net Sales (JOD MM)
Credit Deposit Ratio
Highest at 0% and Grown
In each half year in the last four Semi-Annual periodsMOJO Watch
Bank has been creating proportionately higher loans against its deposits, thereby creating higher revenue generating assets
Credit Deposit Ratio (%)






