Abu Dhabi Islamic Bank’s share price is د.إ21.66. Its GF Value is د.إ16.77. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Abu Dhabi Islamic Bank stock is .
The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.
In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:
Price: د.إ21.66 | GF Value | Price/GF Value | ||
---|---|---|---|---|
Current | د.إ16.77 | 1.29 | ||
Next FY1 End | د.إ17.45 | 1.24 | ||
Next 12 Month | د.إ18.39 | 1.18 | ||
Next FY2 End | د.إ19.07 | 1.14 |
GuruFocus performed a correlation analysis comparing Abu Dhabi Islamic Bank's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.
The analysis reveals the strongest correlation between Abu Dhabi Islamic Bank's stock price and Earnings without NRI per share, with a coefficient of 94%. This is followed by a 92% correlation with Book Value per share and a 87% correlation with Operating Cash Flow per share. The weakest correlation is observed with Operating Cash Flow per share, at 64%.