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%)
Taking everything into account, IBN scores 3 out of 10 in our fundamental rating. IBN was compared to 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 expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year IBN was profitable.
IBN had a positive operating cash flow in the past year.
IBN had positive earnings in each of the past 5 years.
Of the past 5 years IBN 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 1.98%, IBN belongs to the best of the industry, outperforming 95.87% of the companies in the same industry.
The Return On Equity of IBN (15.88%) is better than 94.83% 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
With a Profit Margin value of 24.87%, IBN perfoms like the industry average, outperforming 53.75% of the companies in the same industry.
In the last couple of years the Profit Margin of IBN has grown nicely.
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.
IBN has more shares outstanding than it did 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
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 64.86% 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
The Earnings Per Share has grown by an nice 12.23% over the past year.
Measured over the past years, IBN shows a very strong growth in Earnings Per Share. The EPS has been growing by 40.43% on average per year.
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
The Earnings Per Share is expected to grow by 12.29% on average over the next years. This is quite good.
The Revenue is expected to grow by 13.41% on average over the next years. This is quite good.
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
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
IBN is valuated rather expensively with a Price/Earnings ratio of 19.80.
Based on the Price/Earnings ratio, IBN is valued more expensive than 80.88% of the companies in the same industry.
IBN is valuated rather cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 16.68, IBN is valued correctly.
Based on the Price/Forward Earnings ratio, IBN is valued a bit more expensive than the industry average as 76.49% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, IBN is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.8 | ||
| Fwd PE | 16.68 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, IBN is valued a bit more expensive than 68.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.51 | ||
| 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)2.08
PEG (5Y)0.49
EPS Next 2Y11.25%
EPS Next 3Y12.29%
5. Dividend
5.1 Amount
IBN has a yearly dividend return of 0.79%, which is pretty low.
Compared to an average industry Dividend Yield of 3.11, IBN's dividend is way lower than its industry peers. On top of this 83.72% of the companies listed in the same industry pay a better dividend than IBN!
Compared to an average S&P500 Dividend Yield of 2.31, 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 been paying a dividend for at least 10 years, so it has 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 2Y11.25%
EPS Next 3Y12.29%
30.69
-0.01 (-0.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners52.51%
Inst Owner Change1.26%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap109.68B
Revenue(TTM)2.14T
Net Income(TTM)533.00B
Analysts87.32
Price Target38.25 (24.63%)
Short Float %0.65%
Short Ratio4.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
Yearly Dividend0.22
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)-2.29%
PT rev (3m)-3.74%
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)1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.8 | ||
| Fwd PE | 16.68 | ||
| P/S | 4.6 | ||
| P/FCF | 17.51 | ||
| P/OCF | 16.35 | ||
| P/B | 2.94 | ||
| P/tB | 3.02 | ||
| 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
BVpS10.44
TBVpS10.18
PEG (NY)2.08
PEG (5Y)0.49
Graham Number19.08
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 Y9.52%
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 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 9.52% in the next year.