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Amlak Finance PJSC

DFM:AMLAK
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AMLAK
DFM
AED355M
Market Cap
  1. Home
  2. AE
  3. Banks
Company description

Amlak Finance PJSC engages in the real estate financing activities in the Middle East. The last earnings update was 5 days ago. More info.


Add to Portfolio Compare Print
  • Amlak Finance PJSC has significant price volatility in the past 3 months.
AMLAK Share Price and Events
7 Day Returns
-5.1%
DFM:AMLAK
-11.2%
Asia Mortgage
-0.5%
AE Market
1 Year Returns
-26.2%
DFM:AMLAK
-35.1%
Asia Mortgage
-23.6%
AE Market
AMLAK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Amlak Finance PJSC (AMLAK) -5.1% -36.3% -46.4% -26.2% -78.6% -
Asia Mortgage -11.2% -30.9% -38.5% -35.1% -21.3% -1.7%
AE Market -0.5% -18.6% -21.9% -23.6% -28.4% -31.8%
1 Year Return vs Industry and Market
  • AMLAK outperformed the Mortgage industry which returned -35.1% over the past year.
  • AMLAK underperformed the Market in United Arab Emirates which returned -23.6% over the past year.
Price Volatility
AMLAK
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Amlak Finance PJSC's competitors could be found in our database.

AMLAK Value

 Is Amlak Finance PJSC undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Amlak Finance PJSC. This is due to cash flow or dividend data being unavailable. The share price is AED0.24.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Amlak Finance PJSC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Amlak Finance PJSC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DFM:AMLAK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AED AED-0.22
DFM:AMLAK Share Price ** DFM (2020-04-02) in AED AED0.24
Asia Mortgage Industry PE Ratio Median Figure of 22 Publicly-Listed Mortgage Companies 5.58x
United Arab Emirates Market PE Ratio Median Figure of 81 Publicly-Listed Companies 9.11x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Amlak Finance PJSC.

DFM:AMLAK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DFM:AMLAK Share Price ÷ EPS (both in AED)

= 0.24 ÷ -0.22

-1.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amlak Finance PJSC is loss making, we can't compare its value to the Asia Mortgage industry average.
  • Amlak Finance PJSC is loss making, we can't compare the value of its earnings to the United Arab Emirates market.
Price based on expected Growth
Does Amlak Finance PJSC's expected growth come at a high price?
Raw Data
DFM:AMLAK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Mortgage Industry PEG Ratio Median Figure of 8 Publicly-Listed Mortgage Companies 0.91x
United Arab Emirates Market PEG Ratio Median Figure of 24 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Amlak Finance PJSC, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Amlak Finance PJSC's assets?
Raw Data
DFM:AMLAK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AED AED0.76
DFM:AMLAK Share Price * DFM (2020-04-02) in AED AED0.24
Asia Mortgage Industry PB Ratio Median Figure of 29 Publicly-Listed Mortgage Companies 0.52x
United Arab Emirates Market PB Ratio Median Figure of 108 Publicly-Listed Companies 0.71x
DFM:AMLAK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DFM:AMLAK Share Price ÷ Book Value per Share (both in AED)

= 0.24 ÷ 0.76

0.31x

* Primary Listing of Amlak Finance PJSC.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amlak Finance PJSC is good value based on assets compared to the Asia Mortgage industry average.
X
Value checks
We assess Amlak Finance PJSC's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Amlak Finance PJSC has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AMLAK Future Performance

 How is Amlak Finance PJSC expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Amlak Finance PJSC has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.1%
Expected Mortgage industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Amlak Finance PJSC expected to grow at an attractive rate?
  • Unable to compare Amlak Finance PJSC's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Amlak Finance PJSC's earnings growth to the United Arab Emirates market average as no estimate data is available.
  • Unable to compare Amlak Finance PJSC's revenue growth to the United Arab Emirates market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DFM:AMLAK Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 2.1%
Asia Mortgage Industry Revenue Growth Rate Market Cap Weighted Average -43.9%
United Arab Emirates Market Earnings Growth Rate Market Cap Weighted Average 7%
United Arab Emirates Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DFM:AMLAK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AED Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DFM:AMLAK Future Estimates Data
Date (Data in AED Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DFM:AMLAK Past Financials Data
Date (Data in AED Millions) Revenue Cash Flow Net Income *
2019-12-31 159 306 -321
2019-09-30 189 257 -259
2019-06-30 195 170 -276
2019-03-31 232 62 -275
2018-12-31 281 11 -269
2018-09-30 295 78 -35
2018-06-30 322 140 40
2018-03-31 308 332 41
2017-12-31 337 486 40
2017-09-30 357 645 36
2017-06-30 424 728 29
2017-03-31 416 724 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Amlak Finance PJSC is high growth as no earnings estimate data is available.
  • Unable to determine if Amlak Finance PJSC is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DFM:AMLAK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Amlak Finance PJSC Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DFM:AMLAK Future Estimates Data
Date (Data in AED Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DFM:AMLAK Past Financials Data
Date (Data in AED Millions) EPS *
2019-12-31 -0.22
2019-09-30 -0.18
2019-06-30 -0.19
2019-03-31 -0.19
2018-12-31 -0.18
2018-09-30 -0.02
2018-06-30 0.03
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Amlak Finance PJSC will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Amlak Finance PJSC's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Amlak Finance PJSC's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Amlak Finance PJSC has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AMLAK Past Performance

  How has Amlak Finance PJSC performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Amlak Finance PJSC's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Amlak Finance PJSC does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Amlak Finance PJSC's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Amlak Finance PJSC's 1-year growth to the Asia Mortgage industry average as it is not currently profitable.
Earnings and Revenue History
Amlak Finance PJSC's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Amlak Finance PJSC Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DFM:AMLAK Past Revenue, Cash Flow and Net Income Data
Date (Data in AED Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 159.11 -321.48
2019-09-30 188.98 -259.00 4.46
2019-06-30 194.57 -276.15 4.46
2019-03-31 232.06 -274.50 4.46
2018-12-31 280.57 -268.51 4.46
2018-09-30 294.78 -35.35 4.14
2018-06-30 321.80 40.49 4.14
2018-03-31 307.84 40.61 4.14
2017-12-31 336.95 40.30 4.14
2017-09-30 357.16 35.52 4.10
2017-06-30 424.29 29.38 4.10
2017-03-31 415.99 -11.22 4.10
2016-12-31 665.53 105.28 4.10
2016-09-30 705.91 154.49 4.12
2016-06-30 712.44 204.27 4.12
2016-03-31 781.45 244.47 4.12
2015-12-31 529.75 126.13 4.12
2015-09-30 534.84 34.76 3.72
2015-06-30 492.16 -14.58 3.72
2015-03-31 503.79 39.23 3.72
2014-12-31 505.55 51.39 3.72
2013-12-31 534.08 48.23 3.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Amlak Finance PJSC has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Amlak Finance PJSC has efficiently used its assets last year compared to the Asia Mortgage industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Amlak Finance PJSC improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Amlak Finance PJSC's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Amlak Finance PJSC has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AMLAK Health

 How is Amlak Finance PJSC's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Amlak Finance PJSC's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Amlak Finance PJSC Company Filings, last reported 3 months ago.

DFM:AMLAK Past Debt and Equity Data
Date (Data in AED Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31
2019-09-30 1,231.23 140.64 203.53
2019-06-30 1,271.74 136.96 265.03
2019-03-31 1,273.83 121.69 231.68
2018-12-31 1,265.20 111.69 263.70
2018-09-30 1,495.34 110.91 340.03
2018-06-30 1,558.00 100.09 256.95
2018-03-31 1,568.49 69.25 548.85
2017-12-31 1,570.91 66.14 673.02
2017-09-30 1,651.59 65.02 610.06
2017-06-30 1,633.03 62.57 693.12
2017-03-31 1,626.51 60.18 629.46
2016-12-31 1,611.69 57.70 620.50
2016-09-30 1,758.51 72.38 839.88
2016-06-30 1,750.01 73.48 813.11
2016-03-31 1,788.24 72.45 666.56
2015-12-31 1,731.31 69.80 503.11
2015-09-30 1,665.19 71.05 405.49
2015-06-30 1,824.89 66.65 1,183.63
2015-03-31 1,822.49 49.72 345.05
2014-12-31 1,839.90 50.94 292.10
2013-12-31 1,674.26 83.65 1,353.74
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Unable to establish if Amlak Finance PJSC has an acceptable proportion of non-loan assets without balance sheet data.
  • Unable to establish if Amlak Finance PJSC's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
  • Amlak Finance PJSC reports no customer deposits, loans are made up entirely of borrowed funds.
  • Amlak Finance PJSC's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Amlak Finance PJSC has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Amlak Finance PJSC has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Amlak Finance PJSC's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Amlak Finance PJSC has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AMLAK Dividends

 What is Amlak Finance PJSC's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Amlak Finance PJSC dividends.
If you bought AED2,000 of Amlak Finance PJSC shares you are expected to receive AED0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Amlak Finance PJSC's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Amlak Finance PJSC's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DFM:AMLAK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2%
United Arab Emirates Market Average Dividend Yield Market Cap Weighted Average of 62 Stocks 6.5%
United Arab Emirates Minimum Threshold Dividend Yield 10th Percentile 3%
United Arab Emirates Bottom 25% Dividend Yield 25th Percentile 5%
United Arab Emirates Top 25% Dividend Yield 75th Percentile 9.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DFM:AMLAK Future Dividends Estimate Data
Date (Data in AED) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Amlak Finance PJSC has not reported any payouts.
  • Unable to verify if Amlak Finance PJSC's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Amlak Finance PJSC's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Amlak Finance PJSC has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Amlak Finance PJSC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Amlak Finance PJSC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Amlak Finance PJSC has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AMLAK Management

 What is the CEO of Amlak Finance PJSC's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Arif Abdulla Albastaki
TENURE AS CEO 12.9 years
CEO Bio

Mr. Arif Abdulla Alharmi Albastaki has been the Chief Executive Officer and Managing Director of Amlak Finance PJSC since May 2007. Mr. Albastaki has a wealth of knowledge and experience for many years in senior positions at leading international and domestic financial institutions like HSBC Bank Middle East, Dubai Islamic Bank, ABN AMRO Bank and National Bank of Fujairah. Prior to joining Amlak Finance in 2007, he was associated with HSBC Bank Middle East as Head of Amanah Commercial Banking, responsible for setting up and developing the Islamic Corporate Banking. His prime role was to formulate and implement a business plan to establish HSBC as the leading financial institution in the Corporate Islamic Banking field. He serves as the Chairman of Emaar Industries & Investments (Pvt) JSC and Emaar Financial Services. He serves as Vice Chairman of TECOM Group Limited (Alternative Name: TECOM Investments FZ LLC) and also has been its Director since June 2012. He serves as a Director of Amlak Finance PJSC and Amlak Finance (Jordan) PLC. He also serves as a Member on the Board of Directors of a number of local and regional private companies as well as governmental institutions. He is the recipient of the prestigious ‘CEO Middle East Award’ in Home Finance category by ITP-CEO Middle East. He is a Senior Banker. Mr. Albastaki holds a Masters Degree in International Business from University of Wollongong.

CEO Compensation
  • Insufficient data for Arif Abdulla to compare compensation growth.
  • Insufficient data for Arif Abdulla to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Amlak Finance PJSC management team in years:

7.2
Average Tenure
  • The average tenure for the Amlak Finance PJSC management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Arif Abdulla Albastaki

TITLE
MD, CEO & Director
TENURE
12.9 yrs

Houssem Ben Amor

TITLE
Chief Financial Officer
TENURE
1.4 yrs

Ali Al-Shamali

TITLE
Chief Operating Officer
TENURE
2.3 yrs

Rawad Khoja

TITLE
Acting Head of Legal

Aiman Gamee

TITLE
Head of Corporate Communications & CSR

Hani Almakki

TITLE
Head of Product & Marketing

Syed Hussain

TITLE
Acting Head of Strategy & Organization Development

Alia Bin Aqeel

TITLE
Head of Human Resources

Jassim Bin Hendi

TITLE
Senior Vice President of Commercial
TENURE
12.1 yrs

Yasser Assar

TITLE
Head of Real Estate Projects & Property Appraisal
Board of Directors Tenure

Average tenure of the Amlak Finance PJSC board of directors in years:

2.7
Average Tenure
  • The average tenure for the Amlak Finance PJSC board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ali Ismaeil

TITLE
Chairman

Arif Abdulla Albastaki

TITLE
MD, CEO & Director

Essamuddin Galadari

TITLE
Vice-Chairman

Mohamed Abdulhakim Zoeir

TITLE
Chairman of the Internal Sharia Control Committee
TENURE
2.7 yrs

Farooq Arjomand

TITLE
Director
AGE
62
TENURE
19.3 yrs

Hesham Abdulla Al Qassim

TITLE
Director

Ahmed Bin Dalmook

TITLE
Director

Khalid Al-Halyan

TITLE
Director
TENURE
2.3 yrs

Moosa Khoory

TITLE
Member of Internal Sharia Control Committee
TENURE
16.1 yrs

Azzeddine Benzeghiba

TITLE
Member of Internal Sharia Control Committee
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (AED) Value (AED)
X
Management checks
We assess Amlak Finance PJSC's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Amlak Finance PJSC has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AMLAK News

Simply Wall St News

AMLAK Company Info

Description

Amlak Finance PJSC engages in the real estate financing activities in the Middle East. It operates through Real Estate Finance, Real Estate Investment, and Corporate Finance Investments segments. The company is involved in the financing and investing activities based on structures, such as Ijara, Murabaha, Mudaraba, Wakala, and Musharaka, as well as Tatweer, Istithmari, Edaara, and Takaful products and services. Amlak Finance PJSC was founded in 2000 and is based in Dubai, the United Arab Emirates.

Details
Name: Amlak Finance PJSC
AMLAK
Exchange: DFM
Founded: 2000
AED355,008,000
1,479,200,000
Website: http://www.amlakfinance.com
Address: Amlak Finance PJSC
P.O. Box 2441,
Dubai,
United Arab Emirates
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DFM AMLAK Ordinary Shares Dubai Financial Market AE AED 21. Mar 2004
Number of employees
Current staff
Staff numbers
0
Amlak Finance PJSC employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 16:36
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2017/10/12
Last earnings filing: 2020/03/30
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.