Indian Overseas Bank (BSE:532388) - Share price, News & Analysis

532388 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	0/6

532388 Stock Overview

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

Rewards

Price-To-Earnings ratio (18.4x) is below the Indian market (20.5x)

Earnings grew by 125.4% over the past year

Risk Analysis

High level of non-cash earnings

Indian Overseas Bank Competitors

IDBI Bank

BSE:500116

₹331.2b

Union Bank of India

BSE:532477

₹235.1b

Punjab National Bank

BSE:532461

₹327.6b

UCO Bank

BSE:532505

₹132.0b

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
Beta	0.96
1 Month Change	-8.77%
3 Month Change	-8.52%
1 Year Change	-40.64%
3 Year Change	37.38%
5 Year Change	-32.73%
Change since IPO	-38.45%

Shareholder Returns

	532388	IN Banks	IN 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 Movement	5.0%
Banks Industry Average Movement	5.2%
Market Average Movement	7.0%
10% most volatile stocks in IN Market	9.9%
10% least volatile stocks in IN Market	4.5%

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

Founded	Employees	CEO	Website
1937	22,369	Partha Sengupta	https://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

Is 532388 overvalued?

See Fair Value and valuation analysis

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 Margin	100.00%
Net Profit Margin	23.62%
Debt/Equity Ratio	13.2%

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.

The above table shows the n/a ratio for 532388. This is calculated by dividing 532388's market cap by their current preferred multiple.
What is 532388's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₹314.73b

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/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/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.
Company	PE	Estimated Growth	Market Cap
Peer Average	10.1x
500116 IDBI Bank	13.1x	n/a	₹331.2b
532477 Union Bank of India	4.5x	n/a	₹235.1b
532461 Punjab National Bank	8.5x	n/a	₹327.6b
532505 UCO Bank	14.2x	n/a	₹132.0b
532388 Indian Overseas Bank	18.4x	n/a	₹314.7b

Forward PE

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 Ratio	18.4x
Fair PE Ratio	n/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.

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Check out Indian Overseas Bank's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
Indian Overseas Bank competitive advantages and company strategy can generally be found in its financial reports archived here.

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.

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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.

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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.

Data	Last Updated (UTC time)
Company Analysis	2022/06/29 00:00
End of Day Share Price	2022/06/29 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31