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Commercial International Bank -Egypt S.A.E (CBKD) Fair Value & Analysis

Financial Services · GB · Market cap $564B · ISIN US2017122050

What is Commercial International Bank -Egypt S.A.E really worth?

CI Commercial International Bank -Egypt S.A.E CBKD · LSE
Price$2.69
Fair Value$1.44
Upside−46.5%
Quality49/100

Below-average quality, and trading another 87% above our fair value of $1.44.

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Strengths

Healthy Growth (revenue 5y +51.2 %/yr)
Highly profitable · 62.6% net margin
Low debt · generates free cash flow
Ranks above peers (9/13)
Wide moat 80/100

Risks

!Evidence only medium, so the estimate is less certain
Evidence: Medium Range $1.08 – $1.80

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 22 days ago

Share price −0.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case ($1.80). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

$2.81 $0.8525 Fair Value $1.44 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range $0.8525 – $2.81 · fair‑value band $1.08 – $1.80 · the $2.69 price screens above the $1.44 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Commercial International Bank -Egypt S.A.E (CBKD) currently trades at $2.69, while our model-based Fair Value estimate is $1.44, implying the stock looks roughly 86.9% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector. Bull case: the Economic Profit group reads highest at a median of $5.18 per share, and 3 of the 6 models we run sit above the $2.69 price. Bear case: the Asset-Based group reads lowest at $0.7300, and 3 of the 6 models stay below the price. Evidence for this calculation is medium.

Revenue grew 16.4% year over year. It earns a return on equity of 44.6%. The balance sheet holds a net cash position of $189B. The stock trades on a trailing P/E of 0.0 (as of Jun 2, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from $1.08 (bear case) to $1.80 (bull case); at $2.69, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 6% below its 52-week high and 104% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −10% fair-value upside, at −47%, CBKD screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly $0.2504 per share, which is 17.4 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
DDM Multi-Stage $0.6800 $1.22 $1.55 66
Gordon GGM $0.6800 $1.49 $2.51 65
Residual Income $3.37 $5.18 $73.56 64
All 6 models by family
Dividend Discount
Gordon GGM $0.6800 $1.49 $2.51 65
DDM Multi-Stage $0.6800 $1.22 $1.55 66
Multiples
P/E Multiple $4.96 $6.62 $8.27 63
P/B Multiple $2.46 $3.29 $4.11 55
Asset-Based
NCAV (Graham) $0.5500 $0.7300 $1.10 54
Economic Profit
Residual Income $3.37 $5.18 $73.56 64

Widest divergence: Economic Profit ($5.18) versus Asset-Based ($0.7300). Highest evidence: DDM Multi-Stage (66).

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Key figures & financial health

P/E ratio 0.0 as of Jun 2, 2026
P/S ratio 0.02 P/E × margin
EPS (TTM) $0.3500 price ÷ EPS = P/E 0.0
Dividend yield 2.7% payout 20.4%
Net margin 36.6% FY2025
Return on equity 44.6% TTM
More key figures
Profitability
Return on assets (EBIT) 6.3% avg 5y
Growth
Revenue growth (YoY) +16.4% 3y avg +83.4%
EPS growth (YoY) +6.3%
Balance sheet & cash flow
Free cash flow $127B FY2025
Net cash $189B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 53 · Market factors (momentum, volatility) 80

Profitability 52
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 94
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 94
Distance to the 52-week high (market factor)
Net Issuance 19
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Commercial International Bank Egypt (CIB) S.A.E. provides retail, corporate, and investment banking services in Egypt. The company operates through Corporate Banking & SME's; Investment; Retail Banking; and Assets and Liabilities Management segments.

Full company description

Commercial International Bank Egypt (CIB) S.A.E. provides retail, corporate, and investment banking services in Egypt. The company operates through Corporate Banking & SME's; Investment; Retail Banking; and Assets and Liabilities Management segments. It offers current and saving accounts, certificates and time deposits, saving solutions, and account services; personal, car finance, travel, education, and solar loans; funds; and insurance products, as well as overdraft, and mortgages services. The company also provides CIB VISA platinum debit cards, VISA platinum credit cards, and corporate deposit cards; prepaid cards; lending services; payment acceptance solutions; payroll services; and financial institution and correspondent banks, global transaction banking, treasury, and digital banking services. In addition, it provides credit, debit, and prepaid cards; concierge, overseas banking, phone indemnity, and email indemnity services; safe deposits; credit facilities; and financial derivatives. Further, the company offers financial instruments, structured financing, corporate leasing, and merger and acquisitions information services; and foreign currency services. The company was formerly known as Chase National Bank of Egypt and changed its name to Commercial International Bank Egypt (CIB) S.A.E. in January 1987. Commercial International Bank Egypt (CIB) S.A.E. was founded in 1975 and is headquartered in Giza, Egypt.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Commercial International Bank -Egypt S.A.E reported revenue of 225B EGP in FY2025 versus 28.9B EGP in FY2021, a compound +67.0%/yr. Reported net income was 82.2B EGP in FY2025, compounding +57.8%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$225B
Latest YoY
+95.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+83.4%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+51.2%
Avg. revenue growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+28.7%
Value creation/yr (5Y, in EGP) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in EGP: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+45.2% (42.5 + 2.7)
Revenue +67.0%/yr
FY21 28.9B EGP
FY22 36.4B EGP
FY23 58.5B EGP
FY24 115B EGP
FY25 225B EGP
Net income +57.8%/yr
FY21 13.3B EGP
FY22 16.1B EGP
FY23 29.6B EGP
FY24 55.2B EGP
FY25 82.2B EGP
Character of growth · EPS growth decomposed (2014-2025) +30.9 % p.a.
Revenue per share +31.3 %

of which total revenue +32.6 % · buybacks/dilution −0.9 %

EBIT margin −8.0 %
Tax rate +0.3 %
Residual (interest, one-offs) +8.0 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

CBKD screens 87% overvalued. Compare with DBS Group →

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Cite: Fair Value Calculator (2026). "Commercial International Bank -Egypt S.A.E Fair Value". https://www.fairvalue-calculator.com/stock/CBKD

Peer Group

Banks - Regional · 1071 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 52 · Below median
Fair Value upside −47% · Bottom 25%
Return on equity (TTM) 45% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 63% · Top 25%
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 16% · Above median
Dividend yield (TTM) 2.7% · Above median
Debt / equity 0.02× · Lower than 75% of peers

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 0.0× · Cheaper than 75% of peers
P/B 2.44× · Pricier than 75% of peers
P/FCF 4.4× · Cheaper than median
EV/EBITDA 3.0× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 33
FUTURE82 · sector 45
PAST100 · sector 41
HEALTH99 · sector 85
DIVIDEND53 · sector 51

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
DBS Group D05 75.65 SGD 40.48 SGD −46%
China Merchants Bank Co 3968 HK$47.96 HK$76.51 +60%
Intesa Sanpaolo S.p.A ISP €6.78 €5.66 −17%
HDFC Bank Limited HDB $23.17 $24.12 +4%
BNP Paribas SA BNP €102.56 €144.64 +41%
UniCredit S.p.A UCG €84.71 €77.62 −8%
Mizuho Financial Group MFG $10.74 $9.69 −10%
ICICI Bank Limited ICICIBANK ₹1,443 ₹835.21 −42%
Oversea-Chinese Banking Corporation O39 31.07 SGD 19.80 SGD −36%
CaixaBank, S.A CABK €13.52 €8.85 −35%

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Frequently asked questions

Is Commercial International Bank -Egypt S.A.E (CBKD) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of $1.44 versus a price of $2.69, about −47% upside (overvalued).
What is the fair value of CBKD?
Our model-based fair value for Commercial International Bank -Egypt S.A.E is $1.44 (as of Aug 13, 2026), built from audited fundamentals. The current price: $2.69.
What is the quality score of CBKD?
Commercial International Bank -Egypt S.A.E has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of CBKD?
The net profit margin of Commercial International Bank -Egypt S.A.E is about 62.6%, meaning it keeps roughly 62.6% of revenue as net income. Based on the latest reported figures.
Does Commercial International Bank -Egypt S.A.E pay a dividend?
Commercial International Bank -Egypt S.A.E currently shows a dividend yield of about 2.66% relative to its recent price (as of Aug 13, 2026).
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