ScoreWhy is Sharjah Islamic Bank ?
1
The company has declared Positive results for the last 5 consecutive quarters
- GROSS NPA (%)(Q) Lowest at 3.32%
- OPERATING CASH FLOW(Y) Highest at AED 1,435.21 MM
- ROCE(HY) Highest at 1.37%
2
With ROA of 1.00%, it has a fair valuation with a 1.29 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 24.89%, its profits have risen by 27.1% ; the PEG ratio of the company is 0.3
3
Market Beating performance in long term as well as near term
- Along with generating 24.89% returns in the last 1 year, the stock has outperformed Abu Dhabi Securities Exchange in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Sharjah 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 Sharjah Islamic Bank for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Sharjah Islamic Bank
-100.0%
1.68
16.43%
Abu Dhabi Securities Exchange
7.69%
1.13
8.08%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
17.89%
EBIT Growth (5y)
33.14%
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
50.20%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.36
EV to EBIT
21.46
EV to EBITDA
20.42
EV to Capital Employed
1.10
EV to Sales
6.96
PEG Ratio
0.28
Dividend Yield
5.26%
ROCE (Latest)
5.13%
ROE (Latest)
16.62%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend14What is working for the Company
GROSS NPA (%)
(Q
OPERATING CASH FLOW(Y)
Highest at AED 1,435.21 MM
ROCE(HY)
Highest at 1.37%
CASH AND EQV(HY)
Highest at AED 10,738.83 MM
CREDIT DEPOSIT RATIO(HY)
Highest at 108.52%
OPERATING PROFIT(Q)
Highest at AED 393.86 MM
OPERATING PROFIT MARGIN(Q)
Highest at 40.68 %
PRE-TAX PROFIT(Q)
Highest at AED 415.83 MM
NET PROFIT(Q)
Highest at AED 378.27 MM
EPS(Q)
Highest at AED 0.12
-2What is not working for the Company
ROCE(HY)
Lowest at 1.37%
Here's what is working for Sharjah Islamic Bank
Non Performing Loans (%)
Lowest at 3.32% and Fallen
In each half year in the last four Semi-Annual periodsMOJO Watch
Proportion of stressed loans given by the bank are falling
Non Performing Loans (%)
Operating Cash Flow
Highest at AED 1,435.21 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (AED MM)
Operating Profit
Highest at AED 393.86 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (AED MM)
Operating Profit Margin
Highest at 40.68 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at AED 415.83 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (AED MM)
Net Profit
Highest at AED 378.27 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (AED MM)
EPS
Highest at AED 0.12
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (AED)
Cash and Eqv
Highest at AED 10,738.83 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Credit Deposit Ratio
Highest at 108.52%
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 (%)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
