ICICI BANK LTD-SPON ADR (IBN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IBN - US45104G1040 - ADR
29.92 USD
+0.23 (+0.77%)
29.94 USD
+0.02 (+0.07%)
We assign a fundamental rating of 3 out of 10 to IBN. IBN was compared to 388 industry peers in the Banks industry. There are concerns on the financial health of IBN while its profitability can be described as average. IBN is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year IBN was profitable.
In the past year IBN had a positive cash flow from operations.
In the past 5 years IBN has always been profitable.
IBN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
IBN has a better Return On Assets (1.98%) than 95.88% of its industry peers.
IBN has a better Return On Equity (15.88%) than 94.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 15.88% | ||
| ROIC | N/A |
ROA(3y)1.85%
ROA(5y)1.63%
ROE(3y)16.47%
ROE(5y)14.97%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
IBN has a Profit Margin of 24.87%. This is comparable to the rest of the industry: IBN outperforms 53.35% of its industry peers.
IBN's Profit Margin has improved in the last couple of years.
IBN does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.87% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.78%
PM growth 5Y22.23%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
IBN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for IBN has been increased compared to 1 year ago.
The number of shares outstanding for IBN has been increased compared to 5 years ago.
IBN has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of IBN is 3.82, which is a good value as it means it would take IBN, 3.82 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.82, IBN is doing worse than 64.95% of the companies in the same industry.
IBN has a Debt/Equity ratio of 0.64. This is a neutral value indicating IBN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.64, IBN is doing worse than 80.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 3.82 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC4.32%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
IBN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.23%, which is quite good.
IBN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 40.43% yearly.
The Revenue has grown by 16.67% in the past year. This is quite good.
The Revenue has been growing by 14.35% on average over the past years. This is quite good.
EPS 1Y (TTM)12.23%
EPS 3Y25.97%
EPS 5Y40.43%
EPS Q2Q%4.02%
Revenue 1Y (TTM)16.67%
Revenue growth 3Y20.88%
Revenue growth 5Y14.35%
Sales Q2Q%7.39%
3.2 Future
IBN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.29% yearly.
Based on estimates for the next years, IBN will show a quite strong growth in Revenue. The Revenue will grow by 13.41% on average per year.
EPS Next Y9.52%
EPS Next 2Y11.25%
EPS Next 3Y12.29%
EPS Next 5YN/A
Revenue Next Year10.64%
Revenue Next 2Y12.06%
Revenue Next 3Y13.41%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.18, which indicates a rather expensive current valuation of IBN.
IBN's Price/Earnings ratio is a bit more expensive when compared to the industry. IBN is more expensive than 79.64% of the companies in the same industry.
IBN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.39.
The Price/Forward Earnings ratio is 16.21, which indicates a correct valuation of IBN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IBN indicates a slightly more expensive valuation: IBN is more expensive than 75.52% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of IBN to the average of the S&P500 Index (23.84), we can say IBN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.18 | ||
| Fwd PE | 16.21 |
4.2 Price Multiples
IBN's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. IBN is more expensive than 67.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.03 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IBN does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as IBN's earnings are expected to grow with 12.29% in the coming years.
PEG (NY)2.02
PEG (5Y)0.47
EPS Next 2Y11.25%
EPS Next 3Y12.29%
5. Dividend
5.1 Amount
IBN has a yearly dividend return of 0.81%, which is pretty low.
With a Dividend Yield of 0.81, IBN pays less dividend than the industry average, which is at 2.74. 82.73% of the companies listed in the same industry pay a better dividend than IBN!
Compared to an average S&P500 Dividend Yield of 1.87, IBN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
5.2 History
The dividend of IBN is nicely growing with an annual growth rate of 48.58%!
IBN has paid a dividend for at least 10 years, which is a reliable track record.
IBN has decreased its dividend recently.
Dividend Growth(5Y)48.58%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
14.73% of the earnings are spent on dividend by IBN. This is a low number and sustainable payout ratio.
The dividend of IBN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.73%
EPS Next 2Y11.25%
EPS Next 3Y12.29%
29.92
+0.23 (+0.77%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners52.51%
Inst Owner Change1.28%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap106.92B
Revenue(TTM)2.14T
Net Income(TTM)533.00B
Analysts87.32
Price Target38.25 (27.84%)
Short Float %0.72%
Short Ratio5.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend0.23
Dividend Growth(5Y)48.58%
DP14.73%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.81%
Min EPS beat(2)1.44%
Max EPS beat(2)10.18%
EPS beat(4)4
Avg EPS beat(4)4.03%
Min EPS beat(4)1.18%
Max EPS beat(4)10.18%
EPS beat(8)8
Avg EPS beat(8)3.92%
EPS beat(12)10
Avg EPS beat(12)3.02%
EPS beat(16)12
Avg EPS beat(16)2.52%
Revenue beat(2)1
Avg Revenue beat(2)0.03%
Min Revenue beat(2)-0.13%
Max Revenue beat(2)0.19%
Revenue beat(4)1
Avg Revenue beat(4)-0.93%
Min Revenue beat(4)-2.18%
Max Revenue beat(4)0.19%
Revenue beat(8)2
Avg Revenue beat(8)2.85%
Revenue beat(12)5
Avg Revenue beat(12)22.48%
Revenue beat(16)9
Avg Revenue beat(16)50.1%
PT rev (1m)-1.6%
PT rev (3m)-1.15%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)-1.15%
EPS NY rev (1m)-0.28%
EPS NY rev (3m)0.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.83%
Revenue NY rev (1m)-1.19%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.18 | ||
| Fwd PE | 16.21 | ||
| P/S | 4.48 | ||
| P/FCF | 17.03 | ||
| P/OCF | 15.89 | ||
| P/B | 2.86 | ||
| P/tB | 2.93 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.56
EY5.21%
EPS(NY)1.85
Fwd EY6.17%
FCF(TTM)1.76
FCFY5.87%
OCF(TTM)1.88
OCFY6.29%
SpS6.69
BVpS10.47
TBVpS10.2
PEG (NY)2.02
PEG (5Y)0.47
Graham Number19.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 15.88% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.87% | ||
| GM | N/A | ||
| FCFM | 26.28% |
ROA(3y)1.85%
ROA(5y)1.63%
ROE(3y)16.47%
ROE(5y)14.97%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.78%
PM growth 5Y22.23%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 3.82 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 140.26% | ||
| Cap/Sales | 1.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 105.67% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC4.32%
ROIC/WACCN/A
Cap/Depr(3y)170.52%
Cap/Depr(5y)150.4%
Cap/Sales(3y)2.14%
Cap/Sales(5y)1.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.23%
EPS 3Y25.97%
EPS 5Y40.43%
EPS Q2Q%4.02%
EPS Next Y9.52%
EPS Next 2Y11.25%
EPS Next 3Y12.29%
EPS Next 5YN/A
Revenue 1Y (TTM)16.67%
Revenue growth 3Y20.88%
Revenue growth 5Y14.35%
Sales Q2Q%7.39%
Revenue Next Year10.64%
Revenue Next 2Y12.06%
Revenue Next 3Y13.41%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y299.89%
FCF growth 3Y28.45%
FCF growth 5Y8.72%
OCF growth 1Y246.43%
OCF growth 3Y28.74%
OCF growth 5Y9.07%
ICICI BANK LTD-SPON ADR / IBN FAQ
What is the ChartMill fundamental rating of ICICI BANK LTD-SPON ADR (IBN) stock?
ChartMill assigns a fundamental rating of 3 / 10 to IBN.
Can you provide the valuation status for ICICI BANK LTD-SPON ADR?
ChartMill assigns a valuation rating of 2 / 10 to ICICI BANK LTD-SPON ADR (IBN). This can be considered as Overvalued.
Can you provide the profitability details for ICICI BANK LTD-SPON ADR?
ICICI BANK LTD-SPON ADR (IBN) has a profitability rating of 4 / 10.
What is the financial health of ICICI BANK LTD-SPON ADR (IBN) stock?
The financial health rating of ICICI BANK LTD-SPON ADR (IBN) is 1 / 10.
Can you provide the expected EPS growth for IBN stock?
The Earnings per Share (EPS) of ICICI BANK LTD-SPON ADR (IBN) is expected to grow by 9.52% in the next year.