ICICI BANK LTD-SPON ADR (IBN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IBN - US45104G1040 - ADR
30.69 USD
-0.01 (-0.03%)
30.6 USD
-0.09 (-0.29%)
IBN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 387 industry peers in the Banks industry. While IBN is still in line with the averages on profitability rating, there are concerns on its financial health. IBN is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
IBN had positive earnings in the past year.
IBN had a positive operating cash flow in the past year.
Each year in the past 5 years IBN has 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 96.38% of its industry peers.
IBN has a Return On Equity of 15.88%. This is amongst the best in the industry. IBN outperforms 94.57% 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 54.01% of its industry peers.
IBN's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for IBN so they could not be analyzed.
| 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.
IBN has more shares outstanding than it did 5 years ago.
IBN has a better debt/assets ratio than last year.
2.2 Solvency
IBN has a debt to FCF ratio of 3.82. This is a good value and a sign of high solvency as IBN would need 3.82 years to pay back of all of its debts.
IBN has a Debt to FCF ratio of 3.82. This is in the lower half of the industry: IBN underperforms 64.08% of its industry peers.
A Debt/Equity ratio of 0.64 indicates that IBN is somewhat dependend on debt financing.
IBN has a Debt to Equity ratio of 0.64. This is amonst the worse of the industry: IBN underperforms 80.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 3.82 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC4.34%
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.
Measured over the past years, IBN shows a quite strong growth in Revenue. The Revenue has been growing by 14.35% on average per year.
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 14.35% yearly.
The Revenue is expected to grow by 26.31% on average over the next years. This is a very strong growth
EPS Next Y9.8%
EPS Next 2Y11.27%
EPS Next 3Y14.35%
EPS Next 5YN/A
Revenue Next Year11.98%
Revenue Next 2Y12.69%
Revenue Next 3Y26.31%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.80, which indicates a rather expensive current valuation of IBN.
Based on the Price/Earnings ratio, IBN is valued expensively inside the industry as 80.88% of the companies are valued cheaper.
The average S&P500 Price/Earnings ratio is at 26.46. IBN is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 16.66, 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 75.97% of the companies listed in the same industry.
IBN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.8 | ||
| Fwd PE | 16.66 |
4.2 Price Multiples
66.93% of the companies in the same industry are cheaper than IBN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.5 | ||
| 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.
IBN's earnings are expected to grow with 14.35% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.02
PEG (5Y)0.49
EPS Next 2Y11.27%
EPS Next 3Y14.35%
5. Dividend
5.1 Amount
IBN has a yearly dividend return of 0.79%, which is pretty low.
With a Dividend Yield of 0.79, IBN pays less dividend than the industry average, which is at 3.15. 83.46% of the companies listed in the same industry pay a better dividend than IBN!
Compared to an average S&P500 Dividend Yield of 2.32, IBN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
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
IBN pays out 14.73% of its income as dividend. This is a 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 2Y11.27%
EPS Next 3Y14.35%
30.69
-0.01 (-0.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners54.64%
Inst Owner Change1.26%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap109.68B
Revenue(TTM)2.14T
Net Income(TTM)533.00B
Analysts86.83
Price Target39.2 (27.73%)
Short Float %0.65%
Short Ratio4.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
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)1.4%
PT rev (3m)-1.35%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-1.15%
EPS NY rev (1m)0.29%
EPS NY rev (3m)0.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.83%
Revenue NY rev (1m)3.04%
Revenue NY rev (3m)2.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.8 | ||
| Fwd PE | 16.66 | ||
| P/S | 4.6 | ||
| P/FCF | 17.5 | ||
| P/OCF | 16.33 | ||
| P/B | 2.94 | ||
| P/tB | 3.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.55
EY5.05%
EPS(NY)1.84
Fwd EY6%
FCF(TTM)1.75
FCFY5.71%
OCF(TTM)1.88
OCFY6.12%
SpS6.67
BVpS10.45
TBVpS10.18
PEG (NY)2.02
PEG (5Y)0.49
Graham Number19.09
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
WACC4.34%
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 Y9.8%
EPS Next 2Y11.27%
EPS Next 3Y14.35%
EPS Next 5YN/A
Revenue 1Y (TTM)16.67%
Revenue growth 3Y20.88%
Revenue growth 5Y14.35%
Sales Q2Q%7.39%
Revenue Next Year11.98%
Revenue Next 2Y12.69%
Revenue Next 3Y26.31%
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 4 / 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 9.8% in the next year.