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
Corporation 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
Corporation Bank's earnings available for a low price, and how does
this compare to other companies in the same industry?
Corporation Bank's earnings are expected to grow significantly at over 20% yearly.
Unable to determine if Corporation 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.
Corporation 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.
Fundamentally a bank's business is based upon borrowing and lending money, for
this reason they typically have high levels of debt and we analyse them
This treemap shows a more detailed breakdown of
Corporation Bank's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
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
Mrs. P. V. Bharathi has been Chief Executive Officer, Managing Director and Executive Director of Corporation Bank since February 1, 2019. Mrs. Bharathi served as Executive Director of Canara Bank Limited since September 15, 2016 until February 01, 2019 and served as its 's General Manager in the Risk Management Wing. Mrs. Bharathi has more than 31 years of experience in the banking industry. She has served in different branches in the NCR region and also in Tamil Nadu State. She has experience in rural, semi-urban, urban and metro branches of the bank. She also served in administrative offices of the bank. Mrs. Bharathi served as a Non-Executive Director of Can Fin Homes Ltd. since September 22, 2014 until February 1, 2019. Mrs. Bharathi serves as a Member of Board of Directors of Canbank Venture Capital Ltd. She is a Certified Associate of the Indian Institute of Bankers (CAIIB). Mrs. Bharathi is a post graduate in Arts (M.A.) and a B.Ed. graduate.
Insufficient data for P. to compare compensation growth.
Insufficient data for P. 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 tenure for the Corporation Bank management team is about average.
CEO, MD & Director
CFO & General Manager
Chief Customer Service Officer
Chief Risk Officer
Chief Vigilance Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Corporation Bank board of directors is less than 3 years, this suggests a new board.
What You Should Know About Corporation Bank’s (NSE:CORPBANK) Liquidity And Leverage
Basel III target banking regulations to improve the sector’s ability to absorb shocks resulting from economic stress which may expose financial institutions like Corporation Bank to vulnerabilities. … Since a bank’s financial standing can quickly decline in the case of an adverse macro event such as political instability, it is important to understand how prudent it is at managing its risk levels. … Insufficient liquidity coupled with high levels of leverage may place Corporation Bankin a risky position in the face of adverse headwinds.
What Are The Drivers Of Corporation Bank's (NSE:CORPBANK) Risks?
Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.
Corporation Bank (NSE:CORPBANK), operating in the financial services industry based in India,. … A question to answer is whether Corporation Bank's current trading price of ₹25.65 reflective of the actual value of the? … Let’s take a look at Corporation Bank’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Corporation Bank provides banking products and services for individuals and corporate customers in India. It offers personal banking products and services, including savings accounts, cash certificates, fixed deposits, moneyflex deposits, recurring deposits, and tax saver deposits; home, vehicle, mortgage, personal, and professional loans, as well as loans for the purchase of allotted site/plot; debit, credit, and travel cards; and forex, investments, remittance, tax and pension, insurance, and other services. The company also provides corporate banking products and services, such as current and payroll accounts, and cash management and forex services; and financing services, which include working capital, and project and term finance. In addition, it offers savings accounts and term deposits, loans, and remittance services for NRIs; point of sale, ATM, Internet and mobile banking, and SMS banking services. It also trades in government securities, bonds, and treasury bills. As of March 31, 2018, the company operated 9,955 functional units comprising 2,440 branches; 3,122 ATMs; and 4,393 branchless banking units. Corporation Bank was founded in 1906 and is headquartered in Mangaluru, India.
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