Equity Analysis /

HDBK 2018 Valuation Update| The Best of Both Worlds

    Tellimer Research
    8 January 2018
    Published byTellimer Research
    HDBK is currently trading at P/E18 of 4.4x , and P/B18 of 1.2x. HDBK has always been on top of Egyptian Banking stocks in terms of cash dividend distribution, with attractive dividend yield, that we estimate at 9.14% for 2018.