BSE:533171

Stock Analysis Report

United Bank of India

Executive Summary

United Bank of India provides various banking products and services in India.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 533171 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.4%

533171

-1.5%

IN Banks

-0.7%

IN Market


1 Year Return

-28.1%

533171

7.5%

IN Banks

10.0%

IN Market

Return vs Industry: 533171 underperformed the Indian Banks industry which returned 8.2% over the past year.

Return vs Market: 533171 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

533171IndustryMarket
7 Day-3.4%-1.5%-0.7%
30 Day-12.3%-1.4%-0.3%
90 Day-15.5%-2.6%3.2%
1 Year-28.1%-28.1%7.9%7.5%12.0%10.0%
3 Year-68.8%-68.8%13.0%11.7%23.9%17.1%
5 Year-79.1%-79.1%15.1%11.4%38.3%25.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is United Bank of India undervalued compared to its fair value and its price relative to the market?

11.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 533171's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 533171's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 533171 is good value based on its PE Ratio (11.9x) compared to the Banks industry average (18.5x).

PE vs Market: 533171 is good value based on its PE Ratio (11.9x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 533171's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 533171 is good value based on its PB Ratio (0.5x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

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

18.7%

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 United Bank of India 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 United Bank of India performed over the past 5 years?

-51.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 533171 has high quality earnings.

Growing Profit Margin: 533171 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 533171 has become profitable over the past 5 years, growing earnings by -51.3% per year.

Accelerating Growth: 533171 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 533171 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (25.5%).


Return on Equity

High ROE: 533171's Return on Equity (3.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is United Bank of India'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: 533171 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 533171's debt is covered by short term assets (assets are 5.5x 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: 533171 is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: 533171 is profitable, therefore cash runway is not a concern.


Financial Institutions Analysis

Asset Level: 533171's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if 533171 has a sufficient allowance for bad loans.

Low Risk Liabilities: 533171's liabilities are made up of primarily low risk sources of funding.

Loan Level: 533171 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 533171's loans are broadly funded by customer deposits.

Level of Bad Loans: 533171 has a high level of bad loans (16.72%)


Next Steps

Dividend

What is United Bank of India'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 533171's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 533171'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 533171's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 533171's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 533171 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 533171'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

Ashok Pradhan 0

1.3yrs

Tenure

₹2,587,865

Compensation

Mr. Ashok Kumar Pradhan, M.Com. and CAIIB, serves as Director at National Insurance Co. Ltd. since August 20, 2019. He is Managing Director & Chief Executive Officer of United Bank of India since October 1 ...


CEO Compensation Analysis

Compensation vs Market: Ashok's total compensation ($USD36.16K) is below average for companies of similar size in the Indian market ($USD386.20K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Ashok Pradhan
MD, CEO & Director1.3yrs₹2.59m0.00022% 154.6k
Sanjay Kumar
Executive Director1.4yrs₹1.26m0.00011% 77.3k
Ajit Das
Executive Director1.3yrs₹1.19mno data
Ashwini Jha
CFO and GM of Treasury1.2yrsno datano data
Sanjay Chaudhary
General Manager of SAMV1.1yrsno datano data
Sushmita Mazumder
Company Secretary & Compliance Officer0.8yrsno datano data
Vinay Gandotra
General Manager of HRM and Training0.8yrsno datano data
Dhananjay Singh
Chief Regional Manager & Deputy GM0yrsno datano data
Bibekananda Biswas
Chief Regional Manager & Deputy GM0yrsno datano data
Sudhir Sinha
Chief Regional Manager of Behala Deputy GM0yrsno datano data

1.1yrs

Average Tenure

Experienced Management: 533171's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ashok Pradhan
MD, CEO & Director1.3yrs₹2.59m0.00022% 154.6k
Sanjay Kumar
Executive Director1.4yrs₹1.26m0.00011% 77.3k
Ajit Das
Executive Director1.3yrs₹1.19mno data
S. Suryanarayana
Shareholder Director1.5yrs₹520.40kno data
Sameer Khare
Government Nominee Director2.5yrsno datano data
Denesh Singh
Part-time Non-Official Director2.2yrs₹452.70kno data
Sidhartha Pradhan
Part-time Non-Official Director2.2yrs₹530.40kno data
Rajesh Kumar
RBI Nominee Director0.5yrsno datano data

1.8yrs

Average Tenure

58yo

Average Age

Experienced Board: 533171's board of directors are not considered experienced ( 1.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 153.3%.


Top Shareholders

Company Information

United Bank of India's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: United Bank of India
  • Ticker: 533171
  • Exchange: BSE
  • Founded: 1918
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹70.287b
  • Shares outstanding: 9.07b
  • Website: https://www.unitedbankofindia.com

Number of Employees


Location

  • United Bank of India
  • United Tower
  • 11 Hemanta Basu Sarani
  • Kolkata
  • West Bengal
  • 700001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UNITEDBNKNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2010
533171BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2010

Biography

United Bank of India provides various banking products and services in India. It offers savings accounts, fixed deposits, current deposits, and recurring deposits; and housing, personal, car, education, mortgage and reverse mortgage loans, trade credit, overdrafts, and gold loans; and various cards. In addition, the company offers corporate banking products and services, including term loans, working capital finance products, corporate loans, and export credit products; and cash management services. Further, it provides various foreign exchange operations; correspondent banking and international treasury services; remittance products; and international trade finance for non-resident Indians. Additionally, the company offers depository, debenture trustee, mutual fund, inward money remittance, pensioner’s payslip, mobile and online banking, and ebanking services, as well as life and non-life insurance products, and micro small and medium enterprise banking products. As of March 31, 2019, the company operated through 2,055 branches, 36 regional offices, 3 staff training centres, 5 extension counters, and 3 link offices in India; and 2 representative offices at Dhaka in Bangladesh and Yangon in Myanmar. United Bank of India was founded in 1918 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 Analysis2020/02/21 13:02
End of Day Share Price2020/02/20 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.