JSC Halyk Bank, together with its subsidiaries, provides corporate and retail banking services primarily in the Republic of Kazakhstan, Russia, Kyrgyzstan, Tajikistan, Georgia, and Uzbekistan. More Details
Undervalued with solid track record and pays a dividend.
Share Price & News
How has JSC Halyk bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HSBK is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HSBK's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HSBK exceeded the UK Banks industry which returned 30.3% over the past year.
Return vs Market: HSBK exceeded the UK Market which returned 16.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is JSC Halyk bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is JSC Halyk bank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HSBK ($14.96) is trading below our estimate of fair value ($42.02)
Significantly Below Fair Value: HSBK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HSBK is good value based on its PE Ratio (5.1x) compared to the UK Banks industry average (15.3x).
PE vs Market: HSBK is good value based on its PE Ratio (5.1x) compared to the UK market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: HSBK is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: HSBK is overvalued based on its PB Ratio (1.2x) compared to the GB Banks industry average (0.6x).
How is JSC Halyk bank forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HSBK's forecast earnings growth (6% per year) is above the savings rate (0.9%).
Earnings vs Market: HSBK's earnings (6% per year) are forecast to grow slower than the UK market (16.8% per year).
High Growth Earnings: HSBK's earnings are forecast to grow, but not significantly.
Revenue vs Market: HSBK's revenue (6.2% per year) is forecast to grow faster than the UK market (5.3% per year).
High Growth Revenue: HSBK's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HSBK's Return on Equity is forecast to be high in 3 years time (24.3%)
How has JSC Halyk bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HSBK has high quality earnings.
Growing Profit Margin: HSBK's current net profit margins (58.5%) are higher than last year (54.2%).
Past Earnings Growth Analysis
Earnings Trend: HSBK's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: HSBK's earnings growth over the past year (8%) is below its 5-year average (25.8% per year).
Earnings vs Industry: HSBK earnings growth over the past year (8%) exceeded the Banks industry 5.2%.
Return on Equity
High ROE: HSBK's Return on Equity (23.3%) is considered high.
How is JSC Halyk bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: HSBK's Assets to Equity ratio (6.6x) is low.
Allowance for Bad Loans: HSBK has a low allowance for bad loans (71%).
Low Risk Liabilities: 87% of HSBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: HSBK has an appropriate level of Loans to Assets ratio (42%).
Low Risk Deposits: HSBK's Loans to Deposits ratio (57%) is appropriate.
Level of Bad Loans: HSBK has a high level of bad loans (11.4%).
What is JSC Halyk bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HSBK's dividend (10.73%) is higher than the bottom 25% of dividend payers in the UK market (1.31%).
High Dividend: HSBK's dividend (10.73%) is in the top 25% of dividend payers in the UK market (4.07%)
Stability and Growth of Payments
Stable Dividend: HSBK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HSBK's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.2%), HSBK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HSBK's dividends in 3 years are forecast to be covered by earnings (65.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Umut Shayakhmetova (52 yo)
Ms. Umut Bolatkhanovna Shayakhmetova has been Chairman of Management Board - HR, Strategic Office, Legal, Compliance and Risk Management of JSC Halyk bank since January 22, 2009. Ms. Shayakhmetova has been...
Experienced Management: HSBK's management team is considered experienced (3.3 years average tenure).
Experienced Board: HSBK's board of directors are seasoned and experienced ( 12.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
JSC Halyk bank's company bio, employee growth, exchange listings and data sources
- Name: JSC Halyk bank
- Ticker: HSBK
- Exchange: LSE
- Founded: 1923
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: US$4.375b
- Shares outstanding: 292.47m
- Website: https://halykbank.kz
Number of Employees
- JSC Halyk bank
- 40 Al-Farabi Avenue
JSC Halyk Bank, together with its subsidiaries, provides corporate and retail banking services primarily in the Republic of Kazakhstan, Russia, Kyrgyzstan, Tajikistan, Georgia, and Uzbekistan. It operates ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/23 21:25|
|End of Day Share Price||2021/07/23 00:00|
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.