Stock Updates

ICICI Bank Ltd. (NYSE: IBN) – Is this large market cap stock undervalued?

ICICI Bank Ltd. (NYSE: IBN), is firmly in the large market cap category with market cap of 21544.35. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for ICICI Bank Ltd. is 7.11 (with a change from open of -1.25%), this in conjunction with a target price of 9.7. Volume today has so far reached 7091594, with an average volume of about 8502.93. The GAP for this stock, is -2.31%.

The P/E ratio is 23.1, bringing the forward P/E to a value of 13.14. The current EPS for ICICI Bank Ltd., is 0.32, with a EPS growth for this year coming to a value of -16.90%. Performance has been interesting with performance year to date coming to -3.90%.

Looking further into the growth statistics for ICICI Bank Ltd., EPS is looking like it will grow 25.50% in the next year. Looking even further it is projected to be 22.00%. Quarter over quarter is -22.20% for EPS growth and for sales growth quarter over quarter it is -0.80%. Looking at past EPS growth statistics we see that for the past five years it has been 13.00%. Sales growth for the past five years has in fact been 14.50%.

Looking at the ownership, we see that the insider ownership is at 62.40% and institutional ownership is 22.70%. Shares outstanding is 2923.25, while shares float is at a value of 2902.83. Float short for ICICI Bank Ltd. is 0.43% and the short ratio is 1.47.

In terms of debt, long term debt/equity is *TBA, while the total debt/equity comes to *TBA. The ability to meet these debts, means that the current ratio is *TBA, and the quick ratio is *TBA. The most recent gross margin is *TBA and their operating margin is *TBA. The profit margin is 0.00%.

ICICI Bank Ltd. has seen returns on assets of *TBA, and on investment, 4.50%. Return on equity is *TBA. Price/Earnings to growth ratio is 1.05. Price/Sales ratio is at a value of 4.78, with Price/book ratio coming to *TBA and Price/cash is *TBA, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -6.96% and 1.22% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -21.69% and the 52 week low is 40.96%.

ICICI Bank Ltd. has a dividend yield of 2.04%, with a current price of 7.11. The ability to pay this means the payout ratio is 0.00%. This is in an industry, Money Center Banks, with equally high dividends from other companies in this sector, which it is Financial. ICICI Bank Ltd. is based in India.

Performance in the Money Center Banks industry means that ICICI Bank Ltd. has seen performance for the past week of -4.29%, with performance for the month coming to -6.59%. Looking at the data for the quarter it is at a value of -7.64%, and for the half year the performance is -15.26%. Volatility for this week is 1.68% and for the month this is 1.67%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment