AFFIN BANK BERHAD

KLSE (MYR): AFFIN (5185)

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Last Price

2.12

Today's Change

-0.03 (1.40%)

Day's Change

2.12 - 2.15

Trading Volume

490,400

Financial

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Last 10 FY Result
AQR T4Q 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Revenue 1,998,298 3,188,446 3,297,307 2,241,156 2,264,899 1,931,750 1,920,602 1,560,455 1,324,430 1,802,492 1,819,813 1,525,749 8.93%
PBT 691,314 1,486,988 1,549,840 703,854 386,711 676,971 674,996 550,699 599,871 514,409 801,065 854,236 6.83%
Tax -166,904 -209,881 -224,653 -123,531 -113,863 -160,880 -147,576 -126,261 -135,740 -132,236 -202,563 -204,215 1.06%
NP 524,410 1,277,107 1,325,187 580,323 272,848 516,091 527,420 424,438 464,131 382,173 598,502 650,021 8.23%
-
NP to SH 524,410 1,272,834 1,300,223 526,934 230,322 487,766 503,086 417,855 464,131 369,269 592,677 650,021 8.00%
-
Tax Rate 24.14% 14.11% 14.50% 17.55% 29.44% 23.76% 21.86% 22.93% 22.63% 25.71% 25.29% 23.91% -
Total Cost 1,473,888 1,911,339 1,972,120 1,660,833 1,992,051 1,415,659 1,393,182 1,136,017 860,299 1,420,319 1,221,311 875,728 9.43%
-
Net Worth 10,960,145 10,960,145 10,252,015 9,837,087 9,270,046 9,322,647 8,666,526 7,877,566 6,683,743 8,276,961 7,927,229 6,382,132 5.40%
Dividend
AQR T4Q 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Div - 658,686 658,686 263,870 70,532 138,847 97,158 43,271 161,653 155,241 291,442 224,196 12.71%
Div Payout % - 51.75% 50.66% 50.08% 30.62% 28.47% 19.31% 10.36% 34.83% 42.04% 49.17% 34.49% -
Equity
AQR T4Q 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Net Worth 10,960,145 10,960,145 10,252,015 9,837,087 9,270,046 9,322,647 8,666,526 7,877,566 6,683,743 8,276,961 7,927,229 6,382,132 5.40%
NOSH 2,273,889 2,273,889 2,273,889 2,124,062 2,079,791 1,986,020 1,943,167 1,942,948 1,942,948 1,942,948 1,942,948 1,494,644 4.76%
Ratio Analysis
AQR T4Q 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
NP Margin 26.24% 40.05% 40.19% 25.89% 12.05% 26.72% 27.46% 27.20% 35.04% 21.20% 32.89% 42.60% -
ROE 4.78% 11.61% 12.68% 5.36% 2.48% 5.23% 5.80% 5.30% 6.94% 4.46% 7.48% 10.19% -
Per Share
AQR T4Q 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
RPS 87.88 140.22 152.13 106.17 112.39 97.39 98.84 84.39 68.17 92.77 93.66 102.08 4.53%
EPS 23.06 55.98 59.99 24.96 11.43 24.59 25.89 24.00 27.50 19.01 34.52 43.49 3.63%
DPS 0.00 28.97 30.39 12.50 3.50 7.00 5.00 2.34 8.32 7.99 15.00 15.00 8.15%
NAPS 4.82 4.82 4.73 4.66 4.60 4.70 4.46 4.26 3.44 4.26 4.08 4.27 1.14%
Adjusted Per Share Value based on latest NOSH - 2,273,889
AQR T4Q 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
RPS 85.16 135.88 140.52 95.51 96.52 82.33 81.85 66.50 56.44 76.82 77.55 65.02 8.93%
EPS 22.35 54.24 55.41 22.46 9.82 20.79 21.44 17.81 19.78 15.74 25.26 27.70 8.00%
DPS 0.00 28.07 28.07 11.25 3.01 5.92 4.14 1.84 6.89 6.62 12.42 9.55 12.71%
NAPS 4.6709 4.6709 4.3691 4.1923 3.9506 3.973 3.6934 3.3572 2.8484 3.5274 3.3783 2.7199 5.40%
Price Multiplier on Financial Quarter End Date
AQR T4Q 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Date 30/06/23 30/06/23 30/12/22 31/12/21 31/12/20 31/12/19 31/12/18 29/12/17 30/12/16 31/12/15 31/12/14 31/12/13 -
Price 1.88 1.88 2.03 1.73 1.84 1.90 2.23 2.31 2.39 2.34 2.90 4.15 -
P/RPS 2.14 1.34 1.33 1.63 1.64 1.95 2.26 2.74 3.51 2.52 3.10 4.07 -11.67%
P/EPS 8.15 3.36 3.38 6.93 16.10 7.73 8.61 10.22 10.01 12.31 9.51 9.54 -10.88%
EY 12.27 29.77 29.55 14.43 6.21 12.94 11.61 9.78 9.99 8.12 10.52 10.48 12.19%
DY 0.00 15.41 14.97 7.23 1.90 3.68 2.24 1.01 3.48 3.41 5.17 3.61 17.10%
P/NAPS 0.39 0.39 0.43 0.37 0.40 0.40 0.50 0.54 0.69 0.55 0.71 0.97 -8.63%
Price Multiplier on Announcement Date
AQR T4Q 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Date 25/08/23 25/08/23 27/02/23 28/02/22 26/02/21 27/02/20 28/02/19 28/02/18 28/02/17 26/02/16 26/02/15 26/02/14 -
Price 1.92 1.92 2.07 1.77 1.76 1.78 2.32 2.44 2.49 2.15 2.94 4.10 -
P/RPS 2.18 1.37 1.36 1.67 1.57 1.83 2.35 2.89 3.65 2.32 3.14 4.02 -11.33%
P/EPS 8.33 3.43 3.45 7.09 15.40 7.24 8.96 10.80 10.42 11.31 9.64 9.43 -10.56%
EY 12.01 29.15 28.98 14.10 6.49 13.81 11.16 9.26 9.59 8.84 10.38 10.61 11.80%
DY 0.00 15.09 14.68 7.06 1.99 3.93 2.16 0.96 3.34 3.72 5.10 3.66 16.67%
P/NAPS 0.40 0.40 0.44 0.38 0.38 0.38 0.52 0.57 0.72 0.50 0.72 0.96 -8.29%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
2 people like this. Showing 50 of 3,303 comments

TheContrarian

Today still quiet here.

2 weeks ago

beluga

“Quiet" or “noise" is irrelevant to me. I have said before that I believe sarawak will buy more of affin. "Holding a 4.9% stake is meaningless”. https://theedgemalaysia.com/node/663570

Over the years, I invested in Affin and Boustead (privatised now). But I have increased my interest significantly in affin recently after reading all the news reports, circulars on Boustead etc. All the variables just strengthen my conviction that Boustead will have no choice but to sell affin to settle their huge debt.

Beside that, affin is trading at a huge discount to its net assets, widest among its banking peers. 60% discount! Even if my thesis is wrong, I think the margin of safety is there.

2 weeks ago

jacksonkhs888

I wouldn't even touch this stock. Bought this because it was a darling back then now... I rather AMMB than this.

2 weeks ago

jacksonkhs888

The problem is there is not enough of driving force to back AFFIN's upward share trajectory. Any upside are short lived. I remember in 2022 it traded to 2.5 or something. Lucky to even get my equity out at 2.3

2 weeks ago

jacksonkhs888

Plus that EPF... zzz. Keep selling like that sure shock all investors away.

2 weeks ago

jacksonkhs888

So my word of advice is that if you happen to see it break 2.1, get your trading profits locked in. Otherwise you could cry your eye balls till December while EPF laugh to the bank.

2 weeks ago

jacksonkhs888

Give or take based on privatization: 2.2 to 2.5

2 weeks ago

TheContrarian

Posted by TheContrarian > 2022-11-29 12:45 | Report Abuse

Sold my remaining Affin at 2.50, thank you for the gains.

2 weeks ago

TheContrarian

The last peak at around RM2.50 was on 29-11-2022.

2 weeks ago

EngineeringProfit

Yup. I sold all then and got back this year

2 weeks ago

TheContrarian

Let's all start singing :

When will Affin hit RM2.50 again?
When will we have happy moments?
Rising again ......
Or is this the end?
When will we see RM2.50 again?
When will we have happy moments?
Will it rise again?
Or is this the end?

2 weeks ago

EngineeringProfit

What?????

2 weeks ago

TheContrarian

Wise men say ......
Only fools rush in
But they can't help
Falling for Affin
Should we buy?
Should we wait?
Like a river flows
Surely to the sea
Will Affin rise?
To RM2.50 again?

2 weeks ago

EngineeringProfit

???????

1 week ago

auditorandconsultant

Possible to break 2.20 or not? Be patient and hold

1 week ago

jacksonkhs888

Haha 2.1.

1 week ago

TheContrarian

Forum here so quiet again.

1 week ago

sailstruth

Very calm to wait for the rebound...🤗

1 week ago

TheContrarian

The calm before the storm.

1 week ago

EngineeringProfit

Shhhh.......let all the contrarians leave first

1 week ago

TheContrarian

See can hit RM2.50 again or not.

1 week ago

aklobi

I come to this page once a week to see if there is a price crash so i can buy more

1 week ago

TheContrarian

@aklobi, when price was below RM1.90 it was such a bargain.

1 week ago

speakup

maybank bagus, cimb bagus, rhb bagus, bimb bagus, mbsb bagus, affin bagus, semua bank bagus!

1 week ago

Sailangking

heading to 2.20 soon!

1 week ago

Sailangking

slowly and steady put bibi

1 week ago

TheContrarian

Go, go, go Affin, march on to RM2.20.

1 week ago

auditorandconsultant

Good news is coming soon, hold tight hold tight

1 week ago

TheContrarian

EPF selling again?

1 week ago

TheContrarian

Forum back to quiet mode again.

6 days ago

EngineeringProfit

Shhh.....

(....make money, not noise)


6 days ago

Sailangking

turn to quiet mode. shhhh..Lets see

6 days ago

aklobi

Sooo....

What's going on?

5 days ago

theavenger

next week 2.50

4 days ago

auditorandconsultant

有消息啊,都不知道准吗?财务预算案,华哥会对东马和。关照,特别是造王者sarawak,到时候Affin 会有很多项目,钱赚不完了啊

下个月会飞到2.50 吗,拭目以待

3 days ago

TheContrarian

2.50 coming? Go, go, go Affin.

3 days ago

Sailangking

shhhhhhhhhhhhhhhhhh...lol

3 days ago

auditorandconsultant

Sarawak might be increasing its stake

and Budget will be done in favour of Sawarak which will bring more development and in turn increase the business opportunities for AFFIN

Hold tight.. RM2.50 is not impossible

3 days ago

TheContrarian

Not Sarawak buying, foreign funds buying.

3 days ago

rohank71

Swak buy at what price. NTA 4.80 and bank NTA is cash or near cash. LTAT can sell at 2.50?

2 days ago

TheContrarian

LTAT already sold a chunk of Affin to Sarawak at RM1.97 in April, less than 6 months ago.

2 days ago

rohank71

That's deal to comply to BNM to privatise BHB. Not coz they want to sell but HAD to sell. Or no deal to take BHB private. Now that Swak is in the bait time for a BIG kill. Swak has money and wants to own a bank.

2 days ago

TheContrarian

Subsequently Affin share price dropped below RM1.90 and stayed below RM1.90 for awhile but Sarawak didn't buy. But I bought and bought.

2 days ago

EngineeringProfit

Your name is contrarian, sure got buy. I bought too. Dividend very good this year. Huat ar

2 days ago

EngineeringProfit

EPF pula play contrarian last week

2 days ago

connor94

Any good news? Share price up up

2 days ago

EngineeringProfit

Shhh.....

(....make money, not noise)

2 days ago

TheContrarian

One day spike, then drift down. Sarawak selling?

1 day ago

stockraider

once bplant deal is done....affin bank will be the next mah!

the engine has started loh!

Vroom.....vroom....vroom loh!

1 day ago

TheContrarian

Oh shit, the jinx has just opened his mouth. Now Affin can't go up anymore. Shit! Shit! Shit!

1 day ago

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