Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Dena Bank. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Dena Bank's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dena Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Dena Bank's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Dena Bank's earnings growth to the India market average as no estimate data is available.
Unable to compare Dena Bank's revenue growth to the India market average as no estimate data is available.
Unable to determine if Dena Bank is high growth as no earnings estimate data is available.
Unable to determine if Dena Bank is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Dena Bank's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Karnam Sekar has been Managing Director, Chief Executive Officer and Director of Dena Bank since September 21, 2018. Mr. Sekar is having around 35 years of vast experience in Banking. Prior to joining Dena Bank as MD & CEO, he was working as Dy. Managing Director & Chief Credit Officer in the State Bank of India, heading the Highest Credit Committee in the Bank. He had joined the State Bank of India as Probationary officer on 9th December, 1983. His experience in SBI has been in Credit & Branch Operations. He worked in various geographies including the North Eastern part of the Country. His earlier assignments include, the Branch Manager of the Corporate Accounts Group Branch, Mumbai, and Manager (Treasury) at SBI Johannesburg, South Africa. He had also worked as Chief General Manager in Lucknow.
Insufficient data for Karnam to compare compensation growth.
Insufficient data for Karnam to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Dena Bank management team is less than 2 years, this suggests a new team.
MD, CEO & Director
CFO & GM
General Manger of Security
General Manager of Recovery Management & Legal
General Manager of HR & Treasury
Assistant General Manager of BPR
General Manager of SAMV -III
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Dena Bank board of directors is less than 3 years, this suggests a new board.
Dena Bank provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts various deposits, such as savings, current, and bank accounts; deposit and senior citizen schemes; fixed, recurring, and loan linked recurring deposits; minor savings schemes; cash certificates; and online term deposits. The company also provides a range of loans, including consumer durable, gold, housing, professional, senior citizen pensioner’s, personal, vehicle, education, and skill loans; loans for medical practitioners; loan against properties; finance against rent receivables; and trade finance schemes. In addition, it offers application supported by blocked amount, bancassurance, demat, bill and e-payment, e-tax pay, SMS alert, indirect and direct tax collection, e-smart, inbound remittance, Internet and mobile banking, online donation, RTGS/NEFT, tab banking, national pension system, point of sale terminal, and e-unified payments interface services. Further, the company provides gift, ATM, debit, and prepaid cards; and public provident fund and sukanya samriddhi accounts, as well as distributes mutual funds. Additionally, it provides corporate banking services; international banking services, such as trade finance, including export, import, correspondent banking, remittance, and other services; and various banking products and services for the priority, and small and medium enterprises. As of March 31, 2018, the company operated a network of 1,872 branches; and a network of 1,685 ATMs. Dena Bank was founded in 1938 and is headquartered in Mumbai, India.
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