LSE:STAN

Stock Analysis Report

Executive Summary

Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East.

Snowflake

Fundamentals

Excellent balance sheet with moderate growth potential.


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


Market Performance


7 Day Return

8.1%

LSE:STAN

6.9%

GB Banks

1.6%

GB Market


1 Year Return

14.6%

LSE:STAN

-6.8%

GB Banks

0.3%

GB Market

STAN outperformed the Banks industry which returned -6.8% over the past year.

STAN outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.3% over the past year.


Share holder returns

STANIndustryMarket
7 Day8.1%6.9%1.6%
30 Day14.5%8.2%5.0%
90 Day1.8%-2.5%1.2%
1 Year18.5%14.6%-1.1%-6.8%5.1%0.3%
3 Year21.5%15.5%18.1%3.3%23.7%9.0%
5 Year-34.5%-43.4%-3.9%-22.5%29.9%2.5%

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

Valuation

Is Standard Chartered undervalued based on future cash flows and its price relative to the stock market?

7%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Standard Chartered's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Standard Chartered's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Standard Chartered is overvalued based on earnings compared to the GB Banks industry average.

Standard Chartered is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Standard Chartered is poor value based on expected growth next year.


Price Based on Value of Assets

Standard Chartered is good value based on assets compared to the GB Banks industry average.


Next Steps

Future Growth

How is Standard Chartered expected to perform in the next 1 to 3 years based on estimates from 18 analysts?

19.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Standard Chartered's revenue is expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).

Standard Chartered's earnings are expected to grow by 19.1% yearly, however this is not considered high growth (20% yearly).

Standard Chartered's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

Standard Chartered's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

Standard Chartered's earnings growth is expected to exceed the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Standard Chartered is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Standard Chartered performed over the past 5 years?

-14.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Standard Chartered's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Standard Chartered's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Standard Chartered's 1-year earnings growth is negative, it can't be compared to the GB Banks industry average.


Return on Equity

Standard Chartered has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Standard Chartered used its assets less efficiently than the GB Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Standard Chartered improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


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

Information is not available.

Information is not available.


Financial Institutions Analysis

Standard Chartered has an acceptable proportion of non-loan assets held.

Standard Chartered has a low allowance for bad loans.

Standard Chartered's liabilities are made up of primarily low risk sources of funding.

Standard Chartered's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Standard Chartered are broadly funded by customer deposits.

Standard Chartered has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Standard Chartered's current dividend yield, its reliability and sustainability?

3.82%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Standard Chartered's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).

Standard Chartered's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.5%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).


Next Steps

Management

What is the CEO of Standard Chartered's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Bill Winters (58yo)

4.3yrs

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

Bill's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

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

4.2yrs

Average Tenure

58yo

Average Age

The tenure for the Standard Chartered management team is about average.


Board Age and Tenure

4.0yrs

Average Tenure

62yo

Average Age

The tenure for the Standard Chartered board of directors is about average.


Insider Trading

Standard Chartered individual insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

SellUS$351,40027 Jun 19
Tracy Clarke
EntityIndividual
Shares50,000
Max PriceUS$7.03
BuyUS$22,28627 Jun 19
Tracy Clarke
EntityIndividual
Shares3,171
Max PriceUS$7.03
BuyUS$250,63513 Mar 19
Sunil Kaushal
EntityIndividual
Shares41,054
Max PriceUS$6.11
BuyUS$206,48913 Mar 19
Mark Smith
EntityIndividual
Shares33,823
Max PriceUS$6.11
BuyUS$181,37313 Mar 19
Tracy Clarke
EntityIndividual
Shares29,709
Max PriceUS$6.11
BuyUS$387,46013 Mar 19
Pi Cheng Hung
EntityIndividual
Shares63,466
Max PriceUS$6.11
BuyUS$322,19713 Mar 19
Andrew Halford
EntityIndividual
Role
Member of the Board of Directors
Group CFO & Director
Shares52,776
Max PriceUS$6.11
BuyUS$992,11713 Mar 19
William Winters
EntityIndividual
Role
Chief Executive Officer
Group Chief Executive & Director
Shares162,509
Max PriceUS$6.11
BuyUS$805,91006 Nov 18
William Winters
EntityIndividual
Role
Chief Executive Officer
Group Chief Executive & Director
Shares140,000
Max PriceUS$5.76
BuyUS$343,07406 Nov 18
Sunil Kaushal
EntityIndividual
Shares60,000
Max PriceUS$5.72
BuyUS$61,15405 Nov 18
Byron Grote
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares10,500
Max PriceUS$5.83
BuyUS$5,81805 Nov 18
Jasmine Whitbread
EntityIndividual
Shares1,000
Max PriceUS$5.82
BuyUS$58,15805 Nov 18
José Viñals Iñiguez
EntityIndividual
Role
Chairman of the Board
Group Chairman
Shares10,000
Max PriceUS$5.82
BuyUS$220,87905 Nov 18
Naguib Kheraj
EntityIndividual
Role
Vice Chairman
Deputy Chairman
Shares38,000
Max PriceUS$5.81
BuyUS$32,40325 Sep 18
Byron Grote
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares5,000
Max PriceUS$6.48

Ownership Breakdown


Management Team

  • Michael Gorriz (59yo)

    Group Chief Information Officer

    • Tenure: 4.2yrs
  • Andy Halford (60yo)

    Group CFO & Director

    • Tenure: 5.2yrs
    • Compensation: US$3.65m
  • Bill Winters (58yo)

    Group Chief Executive & Director

    • Tenure: 4.3yrs
    • Compensation: US$5.95m
  • David Fein (58yo)

    Group General Counsel

    • Tenure: 6yrs
  • Jon Tracey

    Global Head of Communications & Head of Media Relations

    • Tenure: 0yrs
  • Tracey McDermott (49yo)

    Group Head of Corporate Affairs

    • Tenure: 1.5yrs
  • David Whiteing (50yo)

    Group Chief Operating Officer

    • Tenure: 0.7yrs
  • Sumit Dayal

    Group Head of Corporate Finance

    • Tenure: 4.4yrs
  • Tanuj Kapilashrami (41yo)

    Group Head of Human Resources

    • Tenure: 0.8yrs
  • Mark Stride

    Global Head of Investor Relations

    • Tenure: 0yrs

Board Members

  • Naguib Kheraj (55yo)

    Deputy Chairman

    • Tenure: 2.8yrs
    • Compensation: US$357.00k
  • Byron Grote (71yo)

    Independent Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: US$160.00k
  • Andy Halford (60yo)

    Group CFO & Director

    • Tenure: 5.2yrs
    • Compensation: US$3.65m
  • Christine Hodgson (55yo)

    Senior Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$304.00k
  • David Conner (71yo)

    Independent Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: US$266.00k
  • Bill Winters (58yo)

    Group Chief Executive & Director

    • Tenure: 4.3yrs
    • Compensation: US$5.95m
  • Louis Cheung (56yo)

    Independent Non-Executive Director

    • Tenure: 6.7yrs
    • Compensation: US$135.00k
  • Gay Evans (65yo)

    Independent Non-Executive Director

    • Tenure: 4.4yrs
    • Compensation: US$192.00k
  • José Viñals Iñiguez (65yo)

    Group Chairman

    • Tenure: 2.8yrs
    • 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£22.430b
  • Shares outstanding: 3.20b
  • Website: https://www.sc.com

Number of Employees


Location

  • Standard Chartered PLC
  • 1 Basinghall Avenue
  • London
  • Greater London
  • EC2V 5DD
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SCBF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 1994
2888SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 1994
2888SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 1994
STDDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1994
2888SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 1994
STANLSE (London Stock Exchange)YesOrdinary SharesGBGBPMay 1994
STANLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMay 1994
37ZLLSE (London Stock Exchange)ADS EACH REPR 1 NON-CUM RED PRF SH'REGS'GBUSDJun 2007
58GZLSE (London Stock Exchange)6.409%-FRN PERP USD 'REGS'GBUSDMar 2009
STDKDB (Deutsche Boerse AG)6.409%-FRN PERP USD 'REGS'DEUSDMar 2009
580001BSE (Mumbai Stock Exchange)IDR EACH REPR 0.10 SHAREININRJun 2010

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 20:55
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.