Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Ps Multiple | 1.6x - 1.8x | 1.7x |
| Selected Fwd Ps Multiple | 1.5x - 1.7x | 1.6x |
| Fair Value | ₹193.33 - ₹213.68 | ₹203.50 |
| Upside | 6.4% - 17.6% | 12.0% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| The South Indian Bank Limited | - | NSEI:SOUTHBANK |
| City Union Bank Limited | - | NSEI:CUB |
| Tamilnad Mercantile Bank Limited | - | NSEI:TMB |
| The Karur Vysya Bank Limited | - | NSEI:KARURVYSYA |
| The Federal Bank Limited | - | NSEI:FEDERALBNK |
| The Karnataka Bank Limited | - | NSEI:KTKBANK |
| Select Price / LTM Sales Ratio | ||||||||
| Benchmark Companies | ||||||||
| SOUTHBANK | CUB | TMB | KARURVYSYA | FEDERALBNK | KTKBANK | |||
| NSEI:SOUTHBANK | NSEI:CUB | NSEI:TMB | NSEI:KARURVYSYA | NSEI:FEDERALBNK | NSEI:KTKBANK | |||
| Historical Sales Growth | ||||||||
| 5Y CAGR | 19.0% | 7.3% | 18.5% | 19.6% | 20.2% | 14.2% | ||
| 3Y CAGR | 29.8% | 13.9% | 15.0% | 23.4% | 25.3% | 20.6% | ||
| Latest Twelve Months | 7.5% | 17.6% | 10.6% | 21.6% | 15.5% | 8.6% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 11.6% | 35.9% | 37.4% | 24.9% | 30.2% | 25.9% | ||
| Prior Fiscal Year | 22.6% | 40.2% | 40.5% | 31.9% | 33.4% | 34.6% | ||
| Latest Fiscal Year | 23.7% | 39.4% | 39.6% | 33.9% | 32.3% | 32.5% | ||
| Latest Twelve Months | 25.9% | 38.0% | 38.9% | 35.1% | 30.5% | 30.2% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | NA | NA | NA | NA | NA | NA | ||
| Price / LTM Sales | 1.3x | 4.3x | 2.3x | 3.1x | 3.5x | 1.6x | ||
| LTM P/E Ratio | 4.9x | 11.3x | 5.8x | 9.0x | 11.6x | 5.3x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/S Ratio | 1.3x | 3.1x | 4.3x | |||||
| Historical LTM P/S Ratio | 0.6x | 0.8x | 2.1x | |||||
| Selected Price / Sales Multiple | 1.6x | 1.7x | 1.8x | |||||
| (x) LTM Sales | 42,911 | 42,911 | 42,911 | |||||
| (=) Equity Value | 69,908 | 73,588 | 77,267 | |||||
| (/) Shares Outstanding | 377.9 | 377.9 | 377.9 | |||||
| Implied Value Range | 184.97 | 194.71 | 204.44 | |||||
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 184.97 | 194.71 | 204.44 | 181.67 | ||||
| Upside / (Downside) | 1.8% | 7.2% | 12.5% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | SOUTHBANK | CUB | TMB | KARURVYSYA | FEDERALBNK | KTKBANK | |
| Value of Common Equity | 61,719 | 123,722 | 66,302 | 168,660 | 467,688 | 68,660 | |
| (/) Shares Outstanding | 2,616.3 | 741.0 | 158.4 | 805.1 | 2,455.8 | 377.9 | |
| Implied Stock Price | 23.59 | 166.97 | 418.70 | 209.50 | 190.44 | 181.67 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 23.59 | 166.97 | 418.70 | 209.50 | 190.44 | 181.67 | |
| Trading Currency | INR | INR | INR | INR | INR | INR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |