Standard Chartered
Market Cap
UK£21.7b
Last Updated
2019/12/09 20:48 UTC
Data Sources
Company Financials +
Executive Summary
Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Standard Chartered's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STAN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.3%
STAN
0.4%
GB Banks
0.1%
GB Market
1 Year Return
16.9%
STAN
-0.4%
GB Banks
9.8%
GB Market
Return vs Industry: STAN exceeded the UK Banks industry which returned -0.4% over the past year.
Return vs Market: STAN exceeded the UK Market which returned 9.8% over the past year.
Shareholder returns
| STAN | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | 0.4% | 0.1% |
| 30 Day | -6.6% | -0.5% | -0.2% |
| 90 Day | -0.7% | 2.2% | 2.0% |
| 1 Year | 20.1%16.9% | 5.8%-0.4% | 15.5%9.8% |
| 3 Year | 8.6%3.9% | 0.8%-11.8% | 20.1%4.8% |
| 5 Year | -12.5%-24.0% | 4.7%-15.6% | 44.5%11.5% |
Price Volatility Vs. Market
How volatile is Standard Chartered's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is It Too Late To Consider Buying Standard Chartered PLC (LON:STAN)?1 month ago | Simply Wall St
Why Standard Chartered PLC's (LON:STAN) CEO Pay Matters To You2 months ago | Simply Wall St
Introducing Standard Chartered (LON:STAN), The Stock That Dropped 39% In The Last Five YearsValuation
Is Standard Chartered undervalued compared to its fair value and its price relative to the market?
20.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STAN (£6.78) is trading below our estimate of fair value (£8.57)
Significantly Below Fair Value: STAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: STAN is poor value based on its PE Ratio (48.4x) compared to the Banks industry average (10x).
PE vs Market: STAN is poor value based on its PE Ratio (48.4x) compared to the UK market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: STAN is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: STAN is good value based on its PB Ratio (0.5x) compared to the GB Banks industry average (0.6x).
Next Steps
Future Growth
How is Standard Chartered forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
18.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STAN's forecast earnings growth (18% per year) is above the savings rate (0.5%).
Earnings vs Market: STAN's earnings (18% per year) are forecast to grow faster than the UK market (12.4% per year).
High Growth Earnings: STAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: STAN's revenue (4.1% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: STAN's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STAN's Return on Equity is forecast to be low in 3 years time (7.6%).
Next Steps
Past Performance
How has Standard Chartered performed over the past 5 years?
-0.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STAN has high quality earnings.
Growing Profit Margin: STAN's current net profit margins (3.8%) are lower than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: STAN's earnings have declined by -0.3% per year over the past 5 years.
Accelerating Growth: STAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STAN had negative earnings growth (-60.1%) over the past year, making it difficult to compare to the Banks industry average (28.3%).
Return on Equity
High ROE: STAN's Return on Equity (2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Standard Chartered'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: STAN has a low level of unsold assets or inventory.
Debt Coverage by Assets: STAN's debt is not covered by short term assets (assets are -165.7x debt).
Financial Institutions Analysis
Asset Level: STAN's level of assets compared to its equity is moderate.
Allowance for Bad Loans: STAN has a low allowance for bad loans.
Low Risk Liabilities: STAN's liabilities are made up of primarily low risk sources of funding.
Loan Level: STAN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: STAN's loans are broadly funded by customer deposits.
Level of Bad Loans: STAN has an appropriate level of bad loans (1.87%)
Next Steps
Dividend
What is Standard Chartered's current dividend yield, its reliability and sustainability?
2.35%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: STAN's dividend (2.35%) is higher than the bottom 25% of dividend payers in the UK market (1.95%).
High Dividend: STAN's dividend (2.35%) is low compared to the top 25% of dividend payers in the UK market (5.19%).
Stability and Growth of Payments
Stable Dividend: STAN's dividend payments have been volatile in the past 10 years.
Growing Dividend: STAN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (151.7%), STAN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STAN's dividends in 3 years are forecast to be well covered by earnings (39.6% payout ratio).
Next Steps
Management
What is the CEO of Standard Chartered's salary, the management and board of directors tenure and is there insider trading?
4.5yrs
Average management tenure
CEO
Bill Winters (58yo)
4.5yrs
Tenure
US$5,950,000
Compensation
Mr. William Thomas Winters, also known as Bill, CBE has been the Group Chief Executive Officer of Standard Chartered PLC and Standard Chartered Bank since June 10, 2015. Mr. Winters served as the Chairman ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD7.83M) is above average for companies of similar size in the UK market ($USD4.96M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
4.5yrs
Average Tenure
58yo
Average Age
Experienced Management: STAN's management team is considered experienced (4.5 years average tenure).
Board Age and Tenure
4.5yrs
Average Tenure
62yo
Average Age
Experienced Board: STAN's board of directors are considered experienced (4.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 3,171 |
| Max Price | US$7.03 |
| Entity | Individual |
| Shares | 50,000 |
| Max Price | US$7.03 |
| Entity | Individual |
| Shares | 33,823 |
| Max Price | US$6.11 |
| Entity | Individual |
| Shares | 41,054 |
| Max Price | US$6.11 |
| Entity | Individual |
| Shares | 29,709 |
| Max Price | US$6.11 |
| Entity | Individual |
| Shares | 63,466 |
| Max Price | US$6.11 |
| Entity | Individual |
| Role | Chief Executive Officer Group Chief Executive & Director |
| Shares | 162,509 |
| Max Price | US$6.11 |
| Entity | Individual |
| Role | Member of the Board of Directors Group CFO & Director |
| Shares | 52,776 |
| Max Price | US$6.11 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Michael Gorriz (59yo)
Group Chief Information Officer
- Tenure: 4.4yrs
Andy Halford (60yo)
Group CFO & Director
- Tenure: 5.4yrs
- Compensation: US$3.65m
Bill Winters (58yo)
Group Chief Executive & Director
- Tenure: 4.5yrs
- Compensation: US$5.95m
David Fein (58yo)
Group General Counsel
- Tenure: 6.3yrs
Jon Tracey
Global Head of Communications & Head of Media Relations
- Tenure: 0yrs
Tracey McDermott (49yo)
Group Head of Corporate Affairs
- Tenure: 1.8yrs
David Whiteing (50yo)
Group Chief Operating Officer
- Tenure: 0.9yrs
Sumit Dayal
Group Head of Corporate Finance
- Tenure: 4.7yrs
Tanuj Kapilashrami (41yo)
Group Head of Human Resources
- Tenure: 1.1yrs
Mark Stride
Global Head of Investor Relations
- Tenure: 0yrs
Board Members
Naguib Kheraj (55yo)
Deputy Chairman
- Tenure: 3yrs
- Compensation: US$357.00k
Byron Grote (71yo)
Independent Non-Executive Director
- Tenure: 5.4yrs
- Compensation: US$160.00k
Andy Halford (60yo)
Group CFO & Director
- Tenure: 5.4yrs
- Compensation: US$3.65m
Christine Hodgson (55yo)
Senior Independent Director
- Tenure: 1.8yrs
- Compensation: US$304.00k
David Conner (71yo)
Independent Non-Executive Director
- Tenure: 3.9yrs
- Compensation: US$266.00k
Bill Winters (58yo)
Group Chief Executive & Director
- Tenure: 4.5yrs
- Compensation: US$5.95m
Louis Cheung (56yo)
Independent Non-Executive Director
- Tenure: 6.9yrs
- Compensation: US$135.00k
Gay Evans (65yo)
Independent Non-Executive Director
- Tenure: 4.7yrs
- Compensation: US$192.00k
José Viñals Iñiguez (65yo)
Group Chairman
- Tenure: 3yrs
- Compensation: US$1.32m
Mary Huen (64yo)
Head of Retail Clients-Greater China Region
- Tenure: 0yrs
Company Information
Standard Chartered PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Standard Chartered PLC
- Ticker: STAN
- Exchange: LSE
- Founded: 1853
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: UK£21.667b
- Shares outstanding: 3.19b
- Website: https://www.sc.com
Number of Employees
Location
- Standard Chartered PLC
- 1 Basinghall Avenue
- London
- Greater London
- EC2V 5DD
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SCBF.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 1994 |
| 2888 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | May 1994 |
| 2888 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 1994 |
| STD | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 1994 |
| 2888 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | May 1994 |
| STANL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | May 1994 |
| STAN | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | May 1994 |
| 58HA | LSE (London Stock Exchange) | 6.409%-FRN PERP USD100000 '144A' | GB | USD | Dec 2006 | |
| 37ZM | LSE (London Stock Exchange) | 7.014%-FRN PERP USD100000 '144A' | GB | USD | May 2007 | |
| 37ZL | LSE (London Stock Exchange) | ADS EACH REPR 1 NON-CUM RED PRF SH'REGS' | GB | USD | Jun 2007 | |
| 58GZ | LSE (London Stock Exchange) | 6.409%-FRN PERP USD 'REGS' | GB | USD | Mar 2009 | |
| STDK | DB (Deutsche Boerse AG) | 6.409%-FRN PERP USD 'REGS' | DE | USD | Mar 2009 | |
| 580001 | BSE (Mumbai Stock Exchange) | IDR EACH REPR 0.10 SHARE | IN | INR | Jun 2010 | |
| SCBF.Y | OTCPK (Pink Sheets LLC) | UNSPONSRED ADS | US | USD | Nov 2018 |
Biography
Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East. The company operates through Corporate & Institutiona ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/09 20:48 |
| End of Day Share Price | 2019/12/09 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.