Projected Income Statement: Al Rajhi Banking and Investment Corporation

Forecast Balance Sheet: Al Rajhi Banking and Investment Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 13/02/22 30/01/23 01/02/24 29/01/25 27/01/26 - - -
Estimates

Cash Flow Forecast: Al Rajhi Banking and Investment Corporation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 897.4 2,277 2,201 3,147 2,984 3,523
Change - 153.71% -3.31% 42.98% -5.19% 18.07%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 11/02/21 20/02/22 07/02/23 08/02/24 06/02/25 04/02/26
1SAR in Million
Estimates

Forecast Financial Ratios: Al Rajhi Banking and Investment Corporation

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

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 73.07% 73.92% 72.77% 75.14% 76.65% 77.05% 77.91% 78.22%
EBT Margin (%) - 63.95% 66.92% 67.3% 68.53% 70.72% 70.61% 70.13% 70.28%
Net margin (%) - 57.34% 60.02% 60.37% 61.53% 63.42% 62.65% 62.63% 62.86%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 2.7% 2.46% 2.12% 2.21% 2.41% 2.6% 2.59% 2.65%
ROE - 23.51% 22.68% 19.35% 17.17% 23.36% 21.93% 21.85% 21.59%

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 - 0.4167 0.8333 0.7667 1.807 1.667 2.323 2.71 2.991
Change - - 100% -8% 135.65% -7.75% 39.36% 16.7% 10.34%
Book Value Per Share 1 - 11.22 16.7 17.79 16.58 19.14 21.34 23.74 26.28
Change - - 48.9% 6.52% -6.82% 15.46% 11.5% 11.23% 10.69%
EPS 1 - 2.458 2.827 2.633 3.113 3.9 4.481 4.929 5.454
Change - - 14.98% -6.84% 18.23% 25.27% 14.89% 10.01% 10.64%
Nbr of stocks (in thousands) - 60,00,000 60,00,000 60,00,000 60,00,000 60,00,000 60,00,000 60,00,000 60,00,000
Announcement Date - 13/02/22 30/01/23 01/02/24 29/01/25 27/01/26 - - -
1SAR
Estimates
2026 *2027 *
P/E ratio 14.8x 13.5x
PBR 3.11x 2.8x
EV / Sales 9.08x 8.32x
Yield 3.5% 4.08%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
66.40SAR
Average target price
79.71SAR
Spread / Average Target
+20.05%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. 1120 Stock
  4. Financials Al Rajhi Banking and Investment Corporation