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Market Cap

Rp27.0t

Last Updated

2021/04/17 10:11 UTC

Data Sources

Company Financials +

Executive Summary

PT Bank CIMB Niaga Tbk provides various banking products and services to small to medium enterprises, individuals, and corporate customers in Indonesia and internationally. More Details


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has Bank CIMB Niaga's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BNGA is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BNGA's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

2.4%

BNGA

1.0%

ID Banks

-0.04%

ID Market


1 Year Return

52.8%

BNGA

42.6%

ID Banks

27.2%

ID Market

Return vs Industry: BNGA exceeded the ID Banks industry which returned 42.6% over the past year.

Return vs Market: BNGA exceeded the ID Market which returned 27.2% over the past year.


Shareholder returns

BNGAIndustryMarket
7 Day2.4%1.0%-0.04%
30 Day-1.4%-5.2%-3.4%
90 Day8.0%-6.4%-6.0%
1 Year65.6%52.8%47.0%42.6%30.6%27.2%
3 Year4.8%-8.1%24.9%14.9%-0.2%-7.9%
5 Year126.9%99.1%113.4%86.6%34.2%18.2%

Long-Term Price Volatility Vs. Market

How volatile is Bank CIMB Niaga's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bank CIMB Niaga undervalued compared to its fair value and its price relative to the market?

13.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BNGA (IDR1085) is trading above our estimate of fair value (IDR184.38)

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


Price To Earnings Ratio

PE vs Industry: BNGA is good value based on its PE Ratio (13.4x) compared to the ID Banks industry average (33.9x).

PE vs Market: BNGA is good value based on its PE Ratio (13.4x) compared to the ID market (22.9x).


Price to Earnings Growth Ratio

PEG Ratio: BNGA is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: BNGA is good value based on its PB Ratio (0.7x) compared to the ID Banks industry average (1.6x).


Future Growth

How is Bank CIMB Niaga forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

21.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BNGA's forecast earnings growth (21.7% per year) is above the savings rate (7.3%).

Earnings vs Market: BNGA's earnings (21.7% per year) are forecast to grow slower than the ID market (23% per year).

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

Revenue vs Market: BNGA's revenue (16.7% per year) is forecast to grow faster than the ID market (13.2% per year).

High Growth Revenue: BNGA's revenue (16.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BNGA's Return on Equity is forecast to be low in 3 years time (9.7%).


Past Performance

How has Bank CIMB Niaga performed over the past 5 years?

17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BNGA has high quality earnings.

Growing Profit Margin: BNGA's current net profit margins (18.4%) are lower than last year (26.9%).


Past Earnings Growth Analysis

Earnings Trend: BNGA's earnings have grown by 17.9% per year over the past 5 years.

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

Earnings vs Industry: BNGA had negative earnings growth (-44.8%) over the past year, making it difficult to compare to the Banks industry average (-31.7%).


Return on Equity

High ROE: BNGA's Return on Equity (4.9%) is considered low.


Financial Health

How is Bank CIMB Niaga'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


Financial Institutions Analysis

Asset Level: BNGA's Assets to Equity ratio (6.8x) is low.

Allowance for Bad Loans: BNGA has a sufficient allowance for bad loans (192%).

Low Risk Liabilities: 87% of BNGA's liabilities are made up of primarily low risk sources of funding.

Loan Level: BNGA has an appropriate level of Loans to Assets ratio (58%).

Low Risk Deposits: BNGA's Loans to Deposits ratio (78%) is appropriate.

Level of Bad Loans: BNGA has a high level of bad loans (3.5%).


Dividend

What is Bank CIMB Niaga current dividend yield, its reliability and sustainability?

2.55%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 17 2021Ex Dividend DateApr 20 2021Dividend Pay DateMay 07 202117 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BNGA's dividend (2.55%) is higher than the bottom 25% of dividend payers in the ID market (1.16%).

High Dividend: BNGA's dividend (2.55%) is low compared to the top 25% of dividend payers in the ID market (5.03%).


Stability and Growth of Payments

Stable Dividend: BNGA's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BNGA's dividends in 3 years are forecast to be well covered by earnings (35.8% payout ratio).


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Tigor Siahaan (48 yo)

5.83yrs

Tenure

Mr. Tigor Marsahala Siahaan serves as Chief Executive Officer of Indonesia at CIMB Bank Berhad, Singapore Branch. Mr. Siahaan has been Country Head of Indonesia and President Director of CIMB Niaga at CIMB...


Leadership Team

Experienced Management: BNGA's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: BNGA's board of directors are considered experienced (4.7 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

PT Bank CIMB Niaga Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Bank CIMB Niaga Tbk
  • Ticker: BNGA
  • Exchange: IDX
  • Founded: 1955
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: Rp27.048t
  • Shares outstanding: 24.93b
  • Website: https://www.cimbniaga.co.id

Number of Employees


Location

  • PT Bank CIMB Niaga Tbk
  • Jl. Jend. Sudirman Kav. 58
  • Jakarta
  • Jakarta Raya
  • 12190
  • Indonesia

Listings


Biography

PT Bank CIMB Niaga Tbk provides various banking products and services to small to medium enterprises, individuals, and corporate customers in Indonesia and internationally. The company operates through Cor...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 10:11
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.