LSE:0QLT

Stock Analysis Report

Graubündner Kantonalbank

Executive Summary

Graubündner Kantonalbank provides various banking and products services to private individuals and companies.

Rewards

Pays a high and reliable dividend of 2.51%

Risk Analysis

No risks detected for 0QLT from our risk checks.


Snowflake Analysis

Flawless balance sheet established dividend payer.

Share Price & News

How has Graubündner Kantonalbank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0QLT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

0QLT

-8.5%

GB Banks

-8.6%

GB Market


1 Year Return

n/a

0QLT

-14.3%

GB Banks

-1.3%

GB Market

Return vs Industry: Insufficient data to determine how 0QLT performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how 0QLT performed against the UK Market.


Shareholder returns

0QLTIndustryMarket
7 Day0%-8.5%-8.6%
30 Day3.4%-9.4%-8.4%
90 Dayn/a-11.1%-5.3%
1 Yearn/a-8.5%-14.3%4.0%-1.3%
3 Yearn/a-13.2%-24.5%7.6%-6.1%
5 Yearn/a-10.1%-27.8%23.4%-4.8%

Price Volatility Vs. Market

How volatile is Graubündner Kantonalbank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Graubündner Kantonalbank undervalued compared to its fair value and its price relative to the market?

21.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 0QLT (CHF1524.5) is trading above our estimate of fair value (CHF1077.95)

Significantly Below Fair Value: 0QLT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 0QLT is poor value based on its PE Ratio (21.9x) compared to the Banks industry average (8.6x).

PE vs Market: 0QLT is poor value based on its PE Ratio (21.9x) compared to the UK market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 0QLT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0QLT is overvalued based on its PB Ratio (1.5x) compared to the GB Banks industry average (0.7x).


Next Steps

Future Growth

How is Graubündner Kantonalbank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

2.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 0QLT's forecast earnings growth is above the savings rate (0.5%).

Earnings vs Market: Insufficient data to determine if 0QLT's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 0QLT's revenue (2.5% per year) is forecast to grow slower than the UK market (3.8% per year).

High Growth Revenue: 0QLT's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 0QLT's Return on Equity is forecast to be low in 3 years time (6.4%).


Next Steps

Past Performance

How has Graubündner Kantonalbank performed over the past 5 years?

2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0QLT has high quality earnings.

Growing Profit Margin: 0QLT's current net profit margins (44.2%) are lower than last year (46.3%).


Past Earnings Growth Analysis

Earnings Trend: 0QLT's earnings have grown by 2.9% per year over the past 5 years.

Accelerating Growth: 0QLT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 0QLT had negative earnings growth (-4.2%) over the past year, making it difficult to compare to the Banks industry average (29.6%).


Return on Equity

High ROE: 0QLT's Return on Equity (6.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Graubündner Kantonalbank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 0QLT has a low level of unsold assets or inventory.

Debt Coverage by Assets: 0QLT's debt is not covered by short term assets (assets are 0.7x debt).


Financial Institutions Analysis

Asset Level: 0QLT's level of assets compared to its equity is moderate.

Allowance for Bad Loans: 0QLT has a sufficient allowance for bad loans.

Low Risk Liabilities: 0QLT's liabilities are made up of primarily low risk sources of funding.

Loan Level: 0QLT has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 0QLT's loans are broadly funded by customer deposits.

Level of Bad Loans: 0QLT has an appropriate level of bad loans (0.2%)


Next Steps

Dividend

What is Graubündner Kantonalbank's current dividend yield, its reliability and sustainability?

2.55%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Graubündner Kantonalbank before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company2.5%marketbottom25%1.9%markettop25%5.4%industryaverage7.1%forecastin3Years2.6%

Current dividend yield vs market & industry

Notable Dividend: 0QLT's dividend (2.51%) is higher than the bottom 25% of dividend payers in the UK market (1.94%).

High Dividend: 0QLT's dividend (2.51%) is low compared to the top 25% of dividend payers in the UK market (5.4%).


Stability and Growth of Payments

Stable Dividend: 0QLT's dividends per share have been stable in the past 10 years.

Growing Dividend: 0QLT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (54.9%), 0QLT's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 0QLT's dividends in 3 years are forecast to be covered by earnings (53.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Daniel Fust (53yo)

0.3yrs

Tenure

0

Mr. Daniel Fust serves as Chairman of Management Board at Graubündner Kantonalbank since October 1, 2019. He served as Member of The Executive Board at Graubündner Kantonalbank since May 01, 2012. Mr. Fust ...


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Fust
Chairman of Management Board & CEO0.3yrsno datano data
Andreas Lötscher
Head of Finance & Controlling0yrsno datano data
Thomas Roth
Head of Business Unit Markets & Member of the Executive Board19.1yrsno datano data
Enrico Lardelli
Head of Business Unit Digital Banking & Services and Member of the Executive Board4.4yrsno datano data
Martina Müller-Kamp
Member of the Executive Board & Head of Market Services Business Unit1.1yrsno datano data
Günter Döttling
MD of Operations0yrsno datano data
Adrian Schneider
Head of the Investment Center Department0.3yrsno datano data
Peter Haug
Head of the Accounting Department0yrsno datano data
Thomas Müller
Head of Media0yrsno datano data
Flurin Berther
Head of the Legal & Compliance Department0yrsno datano data

1.1yrs

Average Tenure

53yo

Average Age

Experienced Management: 0QLT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Martin Gredig
Director3.8yrsCHF66.00kno data
Christoph Caviezel
Director4.8yrsCHF66.00kno data
Peter Fanconi
President of the Board5.8yrsCHF248.00kno data
Christian Thöny
Vice President of the Board1.8yrsCHF73.00kno data
Thomas Huber
Director4.8yrsCHF85.00kno data
Ines Pöschel
Director1.5yrsCHF28.00kno data
Fulvio Bottoni
Director3.8yrsCHF66.00kno data

3.8yrs

Average Tenure

54yo

Average Age

Experienced Board: 0QLT's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Graubündner Kantonalbank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Graubündner Kantonalbank
  • Ticker: 0QLT
  • Exchange: LSE
  • Founded: 1870
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: CHF3.976b
  • Shares outstanding: 2.49m
  • Website: https://www.gkb.ch

Number of Employees


Location

  • Graubündner Kantonalbank
  • PO Box
  • Chur
  • Grisons
  • 7001
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GRKPSWX (SIX Swiss Exchange)YesParticipation CertificatesCHCHFJan 1992
1Y3BST (Boerse-Stuttgart)YesParticipation CertificatesDEEURJan 1992
0QLTLSE (London Stock Exchange)YesParticipation CertificatesGBCHFJan 1992

Biography

Graubündner Kantonalbank provides various banking and products services to private individuals and companies. It offers various accounts and cards, as well as mortgages and loans; investment advice, consultation process, investment strategy, and asset management services; investment products; financial consultancy and planning, retirement planning, pension consulting and planning, estate planning, liquidity and wealth planning, investment savings, and risk insurance services; and e-banking services. Graubündner Kantonalbank was founded in 1870 and is based in Chur, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 23:27
End of Day Share Price2020/01/31 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.