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Indian Overseas Bank BSE:532388 Stock Report

Last Price

₹16.65

Market Cap

₹314.7b

7D

-0.3%

1Y

-40.6%

Updated

29 Jun, 2022

Data

Company Financials
532388 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

532388 Stock Overview

Indian Overseas Bank provides various banking products and services in India and internationally.

Indian Overseas Bank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Indian Overseas Bank
Historical stock prices
Current Share Price₹16.65
52 Week High₹29.00
52 Week Low₹15.25
Beta0.96
1 Month Change-8.77%
3 Month Change-8.52%
1 Year Change-40.64%
3 Year Change37.38%
5 Year Change-32.73%
Change since IPO-38.45%

Recent News & Updates

Shareholder Returns

532388IN BanksIN Market
7D-0.3%1.2%3.0%
1Y-40.6%-6.3%0.3%

Return vs Industry: 532388 underperformed the Indian Banks industry which returned -5.6% over the past year.

Return vs Market: 532388 underperformed the Indian Market which returned 0.6% over the past year.

Price Volatility

Is 532388's price volatile compared to industry and market?
532388 volatility
532388 Average Weekly Movement5.0%
Banks Industry Average Movement5.2%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: 532388 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 532388's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193722,369Partha Senguptahttps://www.iob.in

Indian Overseas Bank provides various banking products and services in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts various deposits, such as demand, savings, current, fixed, and term deposits; foreign currency (nonresident) accounts.

Indian Overseas Bank Fundamentals Summary

How do Indian Overseas Bank's earnings and revenue compare to its market cap?
532388 fundamental statistics
Market Cap₹314.73b
Earnings (TTM)₹17.09b
Revenue (TTM)₹72.38b

18.4x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
532388 income statement (TTM)
Revenue₹72.38b
Cost of Revenue₹0
Gross Profit₹72.38b
Other Expenses₹55.28b
Earnings₹17.09b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin100.00%
Net Profit Margin23.62%
Debt/Equity Ratio13.2%

How did 532388 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 532388 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532388?

Other financial metrics that can be useful for relative valuation.

532388 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 532388's PE Ratio compare to its peers?

532388 PE Ratio vs Peers
The above table shows the PE ratio for 532388 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.1x
500116 IDBI Bank
13.1xn/a₹331.2b
532477 Union Bank of India
4.5xn/a₹235.1b
532461 Punjab National Bank
8.5xn/a₹327.6b
532505 UCO Bank
14.2xn/a₹132.0b
532388 Indian Overseas Bank
18.4xn/a₹314.7b

Price-To-Earnings vs Peers: 532388 is expensive based on its Price-To-Earnings Ratio (18.4x) compared to the peer average (10.1x).


Price to Earnings Ratio vs Industry

How does 532388's PE Ratio compare vs other companies in the IN Banks Industry?

Price-To-Earnings vs Industry: 532388 is expensive based on its Price-To-Earnings Ratio (18.4x) compared to the Indian Banks industry average (13.2x)


Price to Earnings Ratio vs Fair Ratio

What is 532388's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

532388 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 532388's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 532388 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 532388's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 532388's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532388's PEG Ratio to determine if it is good value.


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Future Growth

How is Indian Overseas Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.5%

Forecasted Banks industry annual growth in earnings

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 Indian Overseas 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 SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Indian Overseas Bank performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


25.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 532388 has a high level of non-cash earnings.

Growing Profit Margin: 532388's current net profit margins (23.6%) are higher than last year (12%).


Past Earnings Growth Analysis

Earnings Trend: 532388 has become profitable over the past 5 years, growing earnings by 25.5% per year.

Accelerating Growth: 532388's earnings growth over the past year (125.4%) exceeds its 5-year average (25.5% per year).

Earnings vs Industry: 532388 earnings growth over the past year (125.4%) exceeded the Banks industry 43.6%.


Return on Equity

High ROE: 532388's Return on Equity (7.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Indian Overseas Bank's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

4/6

Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 532388's Assets to Equity ratio (12.9x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if 532388 has a sufficient allowance for bad loans.

Low Risk Liabilities: 95% of 532388's liabilities are made up of primarily low risk sources of funding.

Loan Level: 532388 has an appropriate level of Loans to Assets ratio (48%).

Low Risk Deposits: 532388's Loans to Deposits ratio (55%) is appropriate.

Level of Bad Loans: 532388 has a high level of bad loans (10.6%).


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Dividend

What is Indian Overseas Bank current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532388's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532388's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532388's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532388's dividend payments have been increasing.


Current Payout to Shareholders

Earnings Coverage: 532388 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532388's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Discover strong dividend paying companies

Management

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

2.8yrs

Average management tenure


CEO

Partha Sengupta (59 yo)

1.92yrs

Tenure

₹3,471,378

Compensation

Mr. Partha Pratim Sengupta has been Managing Director, Chief Executive Officer and Executive Director at Indian Overseas Bank since July 24, 2020. Mr. Sengupta served as Deputy Managing Director & Chief Cr...


CEO Compensation Analysis

Compensation vs Market: Partha's total compensation ($USD43.94K) is below average for companies of similar size in the Indian market ($USD641.14K).

Compensation vs Earnings: Partha's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 532388's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: 532388's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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

Indian Overseas Bank's employee growth, exchange listings and data sources


Key Information

  • Name: Indian Overseas Bank
  • Ticker: 532388
  • Exchange: BSE
  • Founded: 1937
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ₹314.725b
  • Shares outstanding: 18.90b
  • Website: https://www.iob.in

Number of Employees


Location

  • Indian Overseas Bank
  • 763 Anna Salai
  • Chennai
  • Tamil Nadu
  • 600002
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.