BSE:532505

Stock Analysis Report

Executive Summary

UCO Bank operates as a commercial bank in India.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 532505's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.2%

532505

-1.0%

IN Banks

-1.4%

IN Market


1 Year Return

-29.6%

532505

5.6%

IN Banks

6.4%

IN Market

Return vs Industry: 532505 underperformed the Indian Banks industry which returned 8.1% over the past year.

Return vs Market: 532505 underperformed the Indian Market which returned 9.5% over the past year.


Shareholder returns

532505IndustryMarket
7 Day-3.2%-1.0%-1.4%
30 Day-16.5%-4.0%-3.3%
90 Day-23.7%-5.6%0.4%
1 Year-29.6%-29.6%6.0%5.6%8.4%6.4%
3 Year-63.7%-63.7%11.9%10.7%20.9%14.1%
5 Year-80.6%-81.2%6.3%2.9%30.7%18.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532505's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532505's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532505 is unprofitable, so we can't compare its PE Ratio to the Banks industry average.

PE vs Market: 532505 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532505's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532505 is overvalued based on its PB Ratio (0.6x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

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

22.9%

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 UCO 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.


Next Steps

Past Performance

How has UCO Bank performed over the past 5 years?

-37.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532505 is currently unprofitable.

Growing Profit Margin: 532505 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532505 is unprofitable, and losses have increased over the past 5 years at a rate of -37.7% per year.

Accelerating Growth: Unable to compare 532505's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532505 is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (25.5%).


Return on Equity

High ROE: 532505 has a negative Return on Equity (-23.27%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is UCO Bank'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

Inventory Level: 532505 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 532505's debt is covered by short term assets (assets are 1.5x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 532505 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 532505 has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.9% each year.


Financial Institutions Analysis

Asset Level: 532505's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if 532505 has a sufficient allowance for bad loans.

Low Risk Liabilities: 532505's liabilities are made up of primarily low risk sources of funding.

Loan Level: 532505 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 532505's loans are broadly funded by customer deposits.

Level of Bad Loans: 532505 has a high level of bad loans (22.64%)


Next Steps

Dividend

What is UCO Bank's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.6%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 532505's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 532505's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532505's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532505's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532505 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532505's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

Atul Goel (55yo)

1.3yrs

Tenure

0

Mr. Atul Kumar Goel has been Managing Director, Chief Executive Officer and Director of UCO Bank since November 2, 2018. Mr. Goel is a Director at New India Assurance Company Ltd. since October 11, 2019. H ...


Leadership Team

NamePositionTenureCompensationOwnership
Atul Goel
MD, CEO & Director1.3yrsno datano data
Charan Singh
Executive Director4.9yrsno datano data
Shashi Kumar
Deputy General Manager & CFO0.3yrsno datano data
Manish Kumar
GM & Chief Compliance Officer1.1yrsno datano data
Thakur Negi
General Manager of Strategic Planning1.1yrsno datano data
N. Mohanty
General Manager of Human Resource Management & Training0yrsno datano data
Dilip Mridha
Chief Risk Officer and GM of Risk Management & Capital Raising1.2yrsno datano data
Vijay Walia
Chief Vigilance Officer0yrsno datano data
Ram Kumar
General Manager0yrsno datano data
Ajay Vyas
Executive Director0.8yrsno datano data

1.1yrs

Average Tenure

57yo

Average Age

Experienced Management: 532505's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Atul Goel
MD, CEO & Director1.3yrsno datano data
Charan Singh
Executive Director4.9yrsno datano data
Ajay Vyas
Executive Director0.8yrsno datano data
Amit Chatterjee
Part-Time Non-Official Director0.9yrsno datano data
Arvind Sharma
Director5yrsno datano data
K. Nair
Director2.2yrsno datano data
Asish Saha
Part-Time Non-Official Director2.2yrsno datano data
Anand Madhukar
Government Nominee Director1.2yrsno datano data

1.7yrs

Average Tenure

58yo

Average Age

Experienced Board: 532505's board of directors are not considered experienced ( 1.7 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 been substantially diluted in the past year, with total shares outstanding growing by 109.3%.


Top Shareholders

Company Information

UCO Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: UCO Bank
  • Ticker: 532505
  • Exchange: BSE
  • Founded: 1943
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹119.433b
  • Shares outstanding: 8.62b
  • Website: https://www.ucobank.com

Number of Employees


Location

  • UCO Bank
  • 10, B. T. M. Sarani
  • Kolkata
  • West Bengal
  • 700001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532505BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2003
UCOBANKNSEI (National Stock Exchange of India)YesEquity SharesININROct 2003

Biography

UCO Bank operates as a commercial bank in India. It accepts deposit products, such as current accounts, saving accounts, fixed deposits, recurring deposits, accounts in foreign currency, salary accounts, and fee collection accounts. The company also provides home, vehicle, mortgage, education, and personal loans; working capital financing; term loans; infrastructure finance; foreign currency loans; finance to exporters and importers; agriculture credit; and finance to micro and small enterprises. In addition, it offers debit cards and mobile banking services; and international banking services, including NRI banking, remittances, forex and treasury services, resident foreign currency deposits, and correspondent banking services to Indian customers, corporates, NRIs, overseas corporate bodies, foreign companies/individuals, and foreign banks. Further, the company provides government deposit schemes/bonds, pension payments/schemes, and tax collection services; and bancassurance products, mutual funds, and money transfer services. As of March 31, 2019, it operated 42 zones and 3086 domestic branches, as well as 2 overseas branches, including 1 each in Singapore and Hong Kong. The company was formerly known as The United Commercial Bank Ltd. and changed its name to UCO Bank in December 1985. UCO Bank was founded in 1943 and is headquartered in Kolkata, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 12:46
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.