Allied Bank Ltd
Allied Bank Ltd operates in Consumer Finance.
Allied Bank Ltd (ABL) - Net Assets
Latest net assets as of June 2024: PKRs222.04 Billion PKR
Based on the latest financial reports, Allied Bank Ltd (ABL) has net assets worth PKRs222.04 Billion PKR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs2.52 Trillion) and total liabilities (PKRs2.30 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | PKRs222.04 Billion |
| % of Total Assets | 8.8% |
| Annual Growth Rate | 9.92% |
| 5-Year Change | 68.35% |
| 10-Year Change | N/A |
| Growth Volatility | 17.31 |
Allied Bank Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Allied Bank Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Allied Bank Ltd (2016–2023)
The table below shows the annual net assets of Allied Bank Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | PKRs197.33 Billion | +51.48% |
| 2022-12-31 | PKRs130.26 Billion | +0.48% |
| 2021-12-31 | PKRs129.64 Billion | -3.08% |
| 2020-12-31 | PKRs133.77 Billion | +14.13% |
| 2019-12-31 | PKRs117.21 Billion | +7.74% |
| 2018-12-31 | PKRs108.79 Billion | +0.68% |
| 2017-12-31 | PKRs108.05 Billion | +6.12% |
| 2016-12-31 | PKRs101.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Allied Bank Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 126.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs107.83 Billion | 54.64% |
| Other Components | PKRs89.50 Billion | 45.36% |
| Total Equity | PKRs197.33 Billion | 100.00% |
Allied Bank Ltd Competitors by Market Cap
The table below lists competitors of Allied Bank Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FARM 51 GROUP S.A.ZY -10
F:F51
|
$5.51K |
|
Safe-T Group Ltd
TA:SAFE
|
$5.51K |
|
SINOTRANS -H-
MU:SIY
|
$5.52K |
|
PRECINCT PROPER
BE:DOT
|
$5.52K |
|
Life Electric Vehicles Holdings Inc.
PINK:LFEV
|
$5.49K |
|
Soaring Technology Co.,Ltd.
TWO:6222
|
$5.49K |
|
Acorn Capital Investment Fund Ltd
AU:ACQ
|
$5.49K |
|
Iron Wolf Studio S.A.
WAR:IWS
|
$5.49K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Allied Bank Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 130,264,308,000 to 197,326,038,000, a change of 67,061,730,000 (51.5%).
- Net income of 41,301,364,000 contributed positively to equity growth.
- Dividend payments of 11,982,078,000 reduced retained earnings.
- Other factors increased equity by 37,742,444,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs41.30 Billion | +20.93% |
| Dividends Paid | PKRs11.98 Billion | -6.07% |
| Other Changes | PKRs37.74 Billion | +19.13% |
| Total Change | PKRs- | 51.48% |
Book Value vs Market Value Analysis
This analysis compares Allied Bank Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.80x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | PKRs94.36 | PKRs170.01 | x |
| 2018-12-31 | PKRs95.01 | PKRs170.01 | x |
| 2019-12-31 | PKRs102.36 | PKRs170.01 | x |
| 2020-12-31 | PKRs116.82 | PKRs170.01 | x |
| 2021-12-31 | PKRs113.22 | PKRs170.01 | x |
| 2022-12-31 | PKRs113.76 | PKRs170.01 | x |
| 2023-12-31 | PKRs172.33 | PKRs170.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Allied Bank Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.80%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 11.82x
- Recent ROE (20.93%) is above the historical average (14.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.44% | 32.63% | 0.04x | 10.52x | PKRs4.52 Billion |
| 2017 | 11.96% | 31.50% | 0.03x | 11.54x | PKRs2.12 Billion |
| 2018 | 11.98% | 29.67% | 0.03x | 12.43x | PKRs2.15 Billion |
| 2019 | 12.36% | 27.38% | 0.04x | 12.66x | PKRs2.77 Billion |
| 2020 | 13.74% | 30.41% | 0.04x | 11.91x | PKRs5.00 Billion |
| 2021 | 13.50% | 28.57% | 0.03x | 15.53x | PKRs4.54 Billion |
| 2022 | 16.31% | 24.57% | 0.04x | 17.30x | PKRs8.22 Billion |
| 2023 | 20.93% | 30.80% | 0.06x | 11.82x | PKRs21.57 Billion |
Industry Comparison
This section compares Allied Bank Ltd's net assets metrics with peer companies in the Banking Services industry.
Industry Context
- Industry: Banking Services
- Average net assets among peers: $93,104,024,444
- Average return on equity (ROE) among peers: 15.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Allied Bank Ltd (ABL) | PKRs222.04 Billion | 14.44% | 10.36x | $5.50K |
| Askari Bank Ltd (AKBL) | $97.70 Billion | 22.00% | 20.76x | $2.66K |
| Bank Alfalah Ltd (BAFL) | $89.28 Billion | 14.61% | 10.95x | $3.50K |
| Bank Al-Habib Ltd (BAHL) | $80.44 Billion | 22.31% | 17.93x | $5.16K |
| Bank Islami Pakistan Ltd (BIPL) | $15.28 Billion | 2.19% | 13.19x | $836.74 |
| Bank of Khyber (BOK) | $15.40 Billion | 11.63% | 14.92x | $1.18K |
| Faysal Bank Ltd (FABL) | $35.01 Billion | 12.29% | 11.70x | $2.92K |
| Habib Bank Ltd (HBL) | $283.69 Billion | 12.35% | 14.22x | $9.01K |
| MCB Bank Ltd (MCB) | $177.57 Billion | 17.56% | 10.95x | $12.47K |
| Meezan Bank Ltd (MEBL) | $43.58 Billion | 20.56% | 20.61x | $14.12K |