Blom Bank Sal Net Income decreased on 7.5% in 2016 while Revenue increased on 4.8%
31 Jan 2017 • About Blom Bank Sal (
$BLBD) • By InTwits
Blom Bank Sal reported 2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Blom Bank Sal ($BLBD) key annual financial indicators
| mln. $ | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 1,585 | 1,542 | 1,713 | 1,743 | 1,827 | 4.8% |
| Net Income | 333 | 345 | 353 | 388 | 359 | -7.5% |
Balance Sheet
|
|---|
| Cash | 4,959 | 6,549 | 8,697 | 9,484 | 10,827 | 14.2% |
| Short Term Debt | 505 | 595 | 679 | 628 | 813 | 29.5% |
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | |
Cash flow
|
|---|
| Capex | 69 | 79 | 97 | | 61 | |
Ratios
|
|---|
| Revenue growth | 8.7% | -2.7% | 11.1% | 1.8% | 4.8% | |
| Net Income Margin | 21.0% | 22.4% | 20.6% | 22.3% | 19.6% | -2.6% |
| CAPEX, % of revenue | 4.4% | 5.2% | 5.7% | | 3.3% | 3.3% |
| ROIC | 15.2% | 11.1% | 13.4% | | | 0.0% |
| ROE | 16.6% | 15.8% | 15.0% | 15.8% | 15.2% | -0.7% |
Revenue and profitability
The company's Revenue increased on 4.8% in 2016.
Net Income marign decreased on 2.6 pp from 22.3% to 19.6% in 2016.
Capital expenditures (CAPEX) and working capital investments
In 2016 Blom Bank Sal had CAPEX/Revenue of 3.3%. Blom Bank Sal showed small CAPEX/Revenue decline of 1.8 pp from 5.2% in 2013 to 3.3% in 2016.
Leverage (Debt)
Debt surged on 29.5% in 2016 while cash surged on 14.2% in 2016.
Appendix 1: Peers in
Below we provide Blom Bank Sal benchmarking against other companies in industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Development Securities(Investments) ($36JS) | | | -20.4% | 156.8% | 18.9% |
| Palm Hills Developments Sae ($PHDC) | -30.0% | 208.5% | 74.2% | 72.9% | |
| Wereldhave Property Corp ($93IA) | | -9.0% | 13.5% | 65.7% | 9.4% |
| Bld Property Hldgs ($09GE) | | -1.1% | 16.0% | 39.3% | 6.1% |
| Grosvenor Uk Finance ($62QE) | | 0.8% | 15.1% | 14.3% | |
| |
|---|
| Median (48 companies) | -21.3% | 2.3% | 2.9% | 1.0% | 0.6% |
|---|
| Blom Bank Sal ($BLBD) | | -2.7% | 11.1% | 1.8% | 4.8% |
Top companies by Gross margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Sanctuary Housing ($BB21) | | 98.2% | 97.0% | 97.6% | 97.1% |
| Glh Hotels Ltd ($97KI) | | | 57.8% | 57.6% | 57.8% |
| Corus Finance ($BD84) | 26.1% | 29.2% | 31.7% | 35.4% | 32.7% |
| Lewis(John) ($BC32) | 33.4% | 33.4% | 33.4% | 33.8% | 33.9% |
| Lewis(John)Partnership ($BD32) | 33.4% | 33.4% | 33.4% | 33.8% | 33.9% |
| |
|---|
| Median (9 companies) | 29.8% | 30.3% | 33.4% | 33.8% | 33.9% |
|---|
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Bld Property Hldgs ($09GE) | 108.3% | 91.0% | 218.5% | 215.1% | 165.3% |
| Intu Debenture ($69ZM) | 70.3% | 79.8% | 163.8% | 107.2% | 67.1% |
| T.H.F.C.(Indexed) ($96JS) | 0.7% | 1.0% | 2.4% | 97.9% | 97.1% |
| T.H.F.C.(Social Housing Finance) ($96JP) | 0.7% | 1.0% | 2.4% | 97.9% | 97.1% |
| T.H.F.C.(Indexed 2) ($90IL) | 0.7% | 1.0% | 2.4% | 97.9% | 97.1% |
| |
|---|
| Median (31 companies) | 26.1% | 32.4% | 36.9% | 44.3% | 51.6% |
|---|
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Wereldhave Property Corp ($93IA) | 145.6% | 147.1% | 848.7% | 379.0% | 48.2% |
| Sanctuary Housing ($BB21) | | 0.0% | 0.0% | 60.0% | 31.0% |
| Bld Property Hldgs ($09GE) | 146.6% | 195.3% | 186.5% | 59.2% | 84.6% |
| Mid Kent Water ($48HO) | 46.7% | 43.9% | 47.1% | 37.7% | 41.2% |
| Chagala Group Ltd ($CHGG) | 11.6% | 6.2% | 11.7% | 25.9% | |
| |
|---|
| Median (40 companies) | 3.7% | 2.9% | 3.2% | 3.8% | 3.3% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Lewis(John) ($BC32) | 12.5% | 15.6% | 16.4% | 18.6% | 19.8% |
| Lewis(John)Partnership ($BD32) | 12.5% | 15.6% | 16.4% | 18.6% | 19.8% |
| Canadian Pacific Railways ($BC87) | 8.2% | 10.5% | 16.0% | 17.0% | 15.0% |
| Calgary & Edmonton Railway Co ($05GM) | 8.2% | 10.5% | 16.0% | 17.0% | 15.0% |
| Bet ($83GK) | 16.0% | 12.9% | 16.1% | 13.7% | 13.9% |
| |
|---|
| Median (42 companies) | 1.7% | 3.2% | 3.3% | 3.2% | 4.9% |
|---|
| Blom Bank Sal ($BLBD) | 15.2% | 11.1% | 13.4% | | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Skipton Building Society ($SBSA) | 29.7x | 30.3x | 30.2x | 34.7x | |
| T.H.F.C.(Indexed) ($96JS) | 2,312.9x | 1,673.5x | 718.9x | 20.3x | 22.6x |
| Housing Finance Corp ($68HB) | 2,312.9x | 1,673.5x | 718.9x | 20.3x | 22.6x |
| T.H.F.C.(Social Housing Finance) ($96JP) | 2,312.9x | 1,673.5x | 718.9x | 20.3x | 22.6x |
| T.H.F.C.(Indexed 2) ($90IL) | 2,312.9x | 1,673.5x | 718.9x | 20.3x | 22.6x |
| |
|---|
| Median (29 companies) | 3.2x | 3.8x | 3.6x | 3.1x | 4.9x |
|---|
