NCBA Group PLC offers banking products and services to corporate, institutional, small and medium enterprise, and consumer banking customers.
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh25.70|
|52 Week High||KSh20.60|
|52 Week Low||KSh29.00|
|1 Month Change||-8.21%|
|3 Month Change||-0.96%|
|1 Year Change||10.54%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-5.61%|
Recent News & Updates
|NCBA||KE Banks||KE Market|
Return vs Industry: NCBA underperformed the KE Banks industry which returned 16.6% over the past year.
Return vs Market: NCBA underperformed the KE Market which returned 28.1% over the past year.
Stable Share Price: NCBA is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NCBA's weekly volatility (3%) has been stable over the past year.
About the Company
NCBA Group PLC offers banking products and services to corporate, institutional, small and medium enterprise, and consumer banking customers. It provides retail, corporate, brokerage, bancassurance, property, and investment banking services. The company also offers deposits, car financing, and home loans; asset, working capital, insurance premium, and trade finance solutions; health, general, and life insurance products; and transactional, debt, and investment solutions.
NCBA Group Fundamentals Summary
|NCBA fundamental statistics|
Is NCBA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NCBA income statement (TTM)|
|Cost of Revenue||KSh0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.04|
|Net Profit Margin||22.05%|
How did NCBA perform over the long term?See historical performance and comparison
5.8%Current Dividend Yield
Is NCBA Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NCBA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NCBA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NCBA is poor value based on its PE Ratio (6.4x) compared to the KE Banks industry average (6.1x).
PE vs Market: NCBA is good value based on its PE Ratio (6.4x) compared to the KE market (6.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NCBA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NCBA is good value based on its PB Ratio (0.6x) compared to the KE Banks industry average (0.9x).
How is NCBA Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 NCBA Group 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.
How has NCBA Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NCBA has high quality earnings.
Growing Profit Margin: NCBA's current net profit margins (22%) are lower than last year (30.7%).
Past Earnings Growth Analysis
Earnings Trend: NCBA's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: NCBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NCBA had negative earnings growth (-17.6%) over the past year, making it difficult to compare to the Banks industry average (-5.6%).
Return on Equity
High ROE: NCBA's Return on Equity (8.9%) is considered low.
How is NCBA Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NCBA's Assets to Equity ratio (7.3x) is low.
Allowance for Bad Loans: NCBA has a low allowance for bad loans (51%).
Low Risk Liabilities: 95% of NCBA's liabilities are made up of primarily low risk sources of funding.
Loan Level: NCBA has an appropriate level of Loans to Assets ratio (44%).
Low Risk Deposits: NCBA's Loans to Deposits ratio (54%) is appropriate.
Level of Bad Loans: NCBA has a high level of bad loans (16.7%).
What is NCBA Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NCBA's dividend (5.84%) is higher than the bottom 25% of dividend payers in the KE market (4.2%).
High Dividend: NCBA's dividend (5.84%) is low compared to the top 25% of dividend payers in the KE market (7.76%).
Stability and Growth of Payments
Stable Dividend: NCBA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NCBA has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.2%), NCBA's dividend payments are covered by earnings.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Gachora (53 yo)
Mr. John M. Gachora has been Group Managing Director at NIC Bank Limited since September 2013. He serves as Group MD & Director at NCBA Bank Kenya Plc. Mr. Gachora serves as Group Managing Executive Direct...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD735.21K) is about average for companies of similar size in the KE market ($USD709.54K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Board: NCBA's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NCBA Group PLC's employee growth, exchange listings and data sources
- Name: NCBA Group PLC
- Ticker: NCBA
- Exchange: NASE
- Founded: 1959
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: KSh41.765b
- Shares outstanding: 1.65b
- Website: https://ncbagroup.com
Number of Employees
- NCBA Group PLC
- NCBA Centre
- Mara and Ragati Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/14 15:41|
|End of Day Share Price||2021/10/14 00:00|
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.