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DTK

Diamond Trust Bank KenyaNASE:DTK Stock Report

Market Cap

KSh16.6b

7D

-1.7%

1Y

-5.6%

Updated

17 Oct, 2021

Data

Company Financials
DTK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

DTK Overview

Diamond Trust Bank Kenya Limited, together with its subsidiaries, provides banking, insurance agency, and other related services to the general public.

Price History & Performance

Summary of all time highs, changes and price drops for Diamond Trust Bank Kenya
Historical stock prices
Current Share PriceKSh59.50
52 Week HighKSh57.50
52 Week LowKSh78.50
Beta0.33
1 Month Change-5.18%
3 Month Change-13.77%
1 Year Change-5.56%
3 Year Change-63.72%
5 Year Change-56.57%
Change since IPO292.70%

Recent News & Updates

Shareholder Returns

DTKKE BanksKE Market
7D-1.7%-0.9%1.7%
1Y-5.6%16.9%30.0%

Return vs Industry: DTK underperformed the KE Banks industry which returned 16.9% over the past year.

Return vs Market: DTK underperformed the KE Market which returned 30% over the past year.

Price Volatility

Is DTK's price volatile compared to industry and market?
DTK volatility
DTK Beta0.33
Industry Beta0.56
Market Beta1

Stable Share Price: DTK is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: DTK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19452,231Nasim Devjihttps://dtbk.dtbafrica.com

Diamond Trust Bank Kenya Limited, together with its subsidiaries, provides banking, insurance agency, and other related services to the general public. It offers current, savings, and salary accounts, as well as fixed deposits; and mortgage and term loans; and overdrafts, hire purchase, insurance premium financing, leasing, trade finance, and vehicle financing facilities, as well as debit and credit cards. The company also provides money transfer, agency banking, mobile banking, internet banking, treasury, ATM, and payment services; and bancassurance, general insurance, and medical insurance products.

Diamond Trust Bank Kenya Fundamentals Summary

How do Diamond Trust Bank Kenya's earnings and revenue compare to its market cap?
DTK fundamental statistics
Market CapKSh16.64b
Earnings (TTM)KSh3.78b
Revenue (TTM)KSh18.36b

4.4x

P/E Ratio

0.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DTK income statement (TTM)
RevenueKSh18.36b
Cost of RevenueKSh0
Gross ProfitKSh18.36b
ExpensesKSh14.58b
EarningsKSh3.78b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)13.51
Gross Margin100.00%
Net Profit Margin20.57%
Debt/Equity Ratio29.0%

How did DTK perform over the long term?

See historical performance and comparison

Valuation

Is Diamond Trust Bank Kenya undervalued compared to its fair value and its price relative to the market?

4.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: DTK is good value based on its PE Ratio (4.4x) compared to the KE Banks industry average (6.2x).

PE vs Market: DTK is good value based on its PE Ratio (4.4x) compared to the KE market (6.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DTK is good value based on its PB Ratio (0.3x) compared to the KE Banks industry average (0.8x).


Future Growth

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

19.2%

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 Diamond Trust Bank Kenya 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.


Past Performance

How has Diamond Trust Bank Kenya performed over the past 5 years?

-8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DTK has high quality earnings.

Growing Profit Margin: DTK's current net profit margins (20.6%) are lower than last year (22.6%).


Past Earnings Growth Analysis

Earnings Trend: DTK's earnings have declined by 8.8% per year over the past 5 years.

Accelerating Growth: DTK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DTK had negative earnings growth (-28.8%) over the past year, making it difficult to compare to the Banks industry average (-5.6%).


Return on Equity

High ROE: DTK's Return on Equity (5.6%) is considered low.


Financial Health

How is Diamond Trust Bank Kenya'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


Financial Institutions Analysis

Asset Level: DTK's Assets to Equity ratio (6x) is low.

Allowance for Bad Loans: DTK has a low allowance for bad loans (46%).

Low Risk Liabilities: 92% of DTK's liabilities are made up of primarily low risk sources of funding.

Loan Level: DTK has an appropriate level of Loans to Assets ratio (48%).

Low Risk Deposits: DTK's Loans to Deposits ratio (62%) is appropriate.

Level of Bad Loans: DTK has a high level of bad loans (10.3%).


Dividend

What is Diamond Trust Bank Kenya current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: DTK is not paying a notable dividend for the KE market.


Future Payout to Shareholders

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


Next Steps

Management

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

19.3yrs

Average management tenure


CEO

Nasim Devji (67 yo)

20.75yrs

Tenure

KSh62,974,000

Compensation

Mrs. Nasim Devji has been Group Chief Executive Officer of Diamond Trust Bank of Kenya Limited since 2001. Mrs. Devji serves as Managing Director of Diamond Trust Bank Kenya Ltd., (DTBK) Kenya Limited. She...


CEO Compensation Analysis

Compensation vs Market: Nasim's total compensation ($USD567.59K) is above average for companies of similar size in the KE market ($USD263.40K).

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


Leadership Team

Experienced Management: DTK's management team is seasoned and experienced (19.3 years average tenure).


Board Members

Experienced Board: DTK's board of directors are considered experienced (4.5 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Diamond Trust Bank Kenya Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Diamond Trust Bank Kenya Limited
  • Ticker: DTK
  • Exchange: NASE
  • Founded: 1945
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: KSh16.636b
  • Shares outstanding: 279.60m
  • Website: https://dtbk.dtbafrica.com

Number of Employees


Location

  • Diamond Trust Bank Kenya Limited
  • DTB Centre
  • Mombasa Road
  • Nairobi
  • 200
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 14:03
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.