BSE:532648

Stock Analysis Report

Executive Summary

Yes Bank Limited provides banking and financial services primarily in India.


Snowflake Analysis

Adequate balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 532648's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.9%

532648

-0.3%

IN Banks

-0.08%

IN Market


1 Year Return

-84.0%

532648

8.1%

IN Banks

9.5%

IN Market

Return vs Industry: 532648 underperformed the Indian Banks industry which returned 8.1% over the past year.

Return vs Market: 532648 underperformed the Indian Market which returned 9.5% over the past year.


Shareholder returns

532648IndustryMarket
7 Day-8.9%-0.3%-0.08%
30 Day-13.4%-0.7%0.01%
90 Day-45.3%-2.6%3.2%
1 Year-83.8%-84.0%8.5%8.1%11.5%9.5%
3 Year-87.4%-87.7%12.8%11.6%23.6%16.7%
5 Year-77.3%-78.4%11.5%7.9%35.5%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 532648 (₹35.45) is trading above our estimate of fair value (₹20.06)

Significantly Below Fair Value: 532648 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532648 is unprofitable, so we can't compare its PE Ratio to the Banks industry average.

PE vs Market: 532648 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 532648's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532648 is good value based on its PB Ratio (0.3x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

How is Yes 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 Yes 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 Yes Bank performed over the past 5 years?

-23.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532648 is currently unprofitable.

Growing Profit Margin: 532648 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532648 is unprofitable, and losses have increased over the past 5 years at a rate of -23.6% per year.

Accelerating Growth: Unable to compare 532648's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532648 is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (25.5%).


Return on Equity

High ROE: 532648 has a negative Return on Equity (-3.76%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Yes 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: 532648 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 532648's debt is not covered by short term assets (assets are 0.3x 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: 532648 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 532648 has been profitable on average in the past, therefore cash runway is not a concern.


Financial Institutions Analysis

Asset Level: 532648's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if 532648 has a sufficient allowance for bad loans.

Low Risk Liabilities: 532648's liabilities are made up of primarily low risk sources of funding.

Loan Level: 532648 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 532648's loans are broadly funded by customer deposits.

Level of Bad Loans: 532648 has a high level of bad loans (7.64%)


Next Steps

Dividend

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

5.64%

Current Dividend Yield


Dividend Yield vs Market

company5.6%marketbottom25%0.6%markettop25%2.6%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 532648's dividend (5.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: 532648's dividend (5.64%) is in the top 25% of dividend payers in the Indian market (2.58%)


Stability and Growth of Payments

Stable Dividend: 532648's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532648's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 532648 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

0.3yrs

Average management tenure


CEO

Ravneet Gill (55yo)

₹71,159,388

Compensation

Mr. Ravneet Singh Gill is Managing Director, Director and Chief Executive Officer of YES BANK Ltd. since March 1, 2019. Mr. Gill was the Chief Executive Officer of India at Deutsche Bank AG, India since Au ...


CEO Compensation Analysis

Compensation vs Market: Ravneet's total compensation ($USD990.62K) is above average for companies of similar size in the Indian market ($USD634.66K).

Compensation vs Earnings: Insufficient data to compare Ravneet's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Ravneet Gill
MD, CEO & Director0yrs₹71.16mno data
Shivanand Shettigar
Group President & Group Company Secretary0yrsno data0.0046% 4.2m
Anurag Adlakha
Group Chief Financial Officer0.5yrsno data0.00059% 533.4k
Anita Pai
Chief Operating Officer0.3yrsno datano data
Anup Purohit
Group President & Chief Information Officer0yrsno data0.0068% 6.2m
K. Somasundaram
Senior President & Head of Compliance0yrsno data0.012% 11.1m
Sanjay Nambiar
Group President0yrsno data0.0085% 7.7m
Jasneet Bachal
Chief Marketing Officer0.3yrsno datano data
Nikhil Sahni
Group President GB & National Head Branch Banking0yrsno data0.000060% 54.2k
R. Ravichander
Head of Business Development of South & Group President0yrsno data0.014% 12.8m

0.3yrs

Average Tenure

54yo

Average Age

Experienced Management: 532648's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ravneet Gill
MD, CEO & Director0yrs₹71.16mno data
Thai Vijayan
Independent Director1.2yrs₹250.00kno data
Anil Jaggia
Independent Director1.1yrs₹825.00kno data
Rama Gandhi
Independent Director0.8yrsno datano data
Subhash Kalia
Non Executive Non Independent Director1.8yrs₹6.25m0.00020% 180.8k
Brahm Dutt
Non-Executive Part-Time Chairman1.1yrs₹7.58mno data
Maheswar Sahu
Independent Director1.1yrs₹675.00kno data
Shagun Kapur Gogia
Non-Executive Non-Independent Director0.8yrsno data3.1% 2.8b
Pratima Sheorey
Independent Non-Executive Director1.8yrs₹2.53mno data
Ravinder Khanna
Non-Executive Non-Independent Director0.8yrsno datano data

1.1yrs

Average Tenure

64yo

Average Age

Experienced Board: 532648's board of directors are not considered experienced ( 1.1 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: 532648 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Yes Bank Limited
  • Ticker: 532648
  • Exchange: BSE
  • Founded: 2003
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹90.414b
  • Shares outstanding: 2.55b
  • Website: https://www.yesbank.in

Number of Employees


Location

  • Yes Bank Limited
  • Yes Bank Tower, IFC - 2
  • 15th Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532648BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2005
YESBANKNSEI (National Stock Exchange of India)YesEquity SharesININRJul 2005

Biography

Yes Bank Limited provides banking and financial services primarily in India. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers corporate banking services, such as working capital finance, term loans, corporate finance, trade and transaction banking products, cash management and debt capital markets, treasury, liquidity management, and other services. It also provides retail banking products, including secured business, home, car, super bike, commercial vehicle, construction equipment, gold, and personal loans, as well as loans against securities; health care and printing equipment finance; and business banking services to micro, small, and medium enterprises. In addition, the company offers financial and advisory services to ministries under the union and state governments, central and state public sector undertakings, boards, and other affiliates; and banking solutions to banks, non-banking finance and housing finance companies, asset finance companies, insurance companies, small finance and payment banks, mutual funds, financial institutions, private equity funds, cooperative and regional rural banks, capital market participants, primary dealers, depositories, AD II license holders, money changers, and payment aggregators. Further, it provides debit and credit cards, current and savings accounts, and mobile banking services; and transaction banking services comprising escrow, trade finance, supply chain finance, foreign exchange, and bullion trading. Additionally, the company offers loan syndication services; investment banking services, including mergers and acquisition advisory, and capital advisory services; and microcredit, micro-saving, micro-insurance, and remittance services. As of March 31, 2019, it operated 1,120 branches; 2 national operating centers; and 1,456 ATMs and bunch note acceptors. The company was incorporated in 2003 and is headquartered in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 12:53
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
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.