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
UCO 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
UCO 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 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 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 UCO Bank's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare UCO Bank's earnings growth to the India market average as no estimate data is available.
Unable to compare UCO Bank's revenue growth to the India market average as no estimate data is available.
Unable to determine if UCO Bank is high growth as no earnings estimate data is available.
Unable to determine if UCO 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.
UCO 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. Atul Kumar Goel has been Managing Director, Chief Executive Officer and Director of UCO Bank since November 1, 2018. He served as an Executive Director of Union Bank of India from November 15, 2016 to November 1, 2018. He holds a Bachelor Degree with Honours in Commerce and is Member of Institute of Chartered Accountants of India(ICAI). He is also a Certified Associate of Indian Institute of Bankers (CAIIB). His career in Banking began when he joined Allahabad Bank (the “Bank”) as Chartered Accountant in 1992. His twenty four years of service in the Bank saw him rise in his career with key responsibilities held in Branches, Zonal Office, Head Office covering a vast spectrum of Banking Operations. He also headed the Mumbai Zone of the Bank. As a General Manager & CFO of the Bank his portfolio included Finance & Accounts, International Banking, Treasury & Joint Venture. He was also a Director on the Board of All Bank Finance Limited, a subsidiary of the Bank. He has attended prestigious training program conducted by NIBM Pune, IMT Delhi apart from being Member of Taxation Committee in IBA. He has also undergone training program abroad conducted under aegis of CAFRAL. He served as a Director of Star Union Dai-ichi Life Ins until 2018.
Insufficient data for Atul to compare compensation growth.
Insufficient data for Atul to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the UCO Bank management team is less than 2 years, this suggests a new team.
MD, CEO & Director
CFO & Deputy General Manager
GM & Chief Compliance Officer
General Manager of Strategic Planning
General Manager of Human Resource Management & Training
Chief Risk Officer and GM of Risk Management & Capital Raising
Chief Vigilance Officer
N. Purna Rao
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the UCO Bank board of directors is less than 3 years, this suggests a new board.
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, 2018, it operated 3 circle offices, 42 zones, and 3104 domestic branches, as well as 4 overseas branches, including 2 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.
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