KLSE:CIMB

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CIMB Group Holdings Berhad

Executive Summary

CIMB Group Holdings Berhad provides various banking products and services in Malaysia and internationally. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has CIMB Group Holdings Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CIMB is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CIMB's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.4%

CIMB

0.8%

MY Banks

-0.3%

MY Market


1 Year Return

-8.3%

CIMB

3.4%

MY Banks

10.6%

MY Market

Return vs Industry: CIMB underperformed the MY Banks industry which returned 3.4% over the past year.

Return vs Market: CIMB underperformed the MY Market which returned 10.6% over the past year.


Shareholder returns

CIMBIndustryMarket
7 Day1.4%0.8%-0.3%
30 Day9.9%3.8%2.7%
90 Day12.5%8.9%2.9%
1 Year-5.4%-8.3%7.6%3.4%14.2%10.6%
3 Year-34.0%-41.4%-9.7%-20.1%-3.3%-12.1%
5 Year16.3%-8.3%23.5%0.2%11.8%-6.8%

Long-Term Price Volatility Vs. Market

How volatile is CIMB Group Holdings Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CIMB Group Holdings Berhad undervalued compared to its fair value and its price relative to the market?

35.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CIMB (MYR4.22) is trading above our estimate of fair value (MYR2.29)

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


Price To Earnings Ratio

PE vs Industry: CIMB is poor value based on its PE Ratio (35.1x) compared to the MY Banks industry average (10.9x).

PE vs Market: CIMB is poor value based on its PE Ratio (35.1x) compared to the MY market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: CIMB is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: CIMB's PB Ratio (0.7x) is in line with the MY Banks industry average.


Next Steps

Future Growth

How is CIMB Group Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

41.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIMB's forecast earnings growth (41.8% per year) is above the savings rate (3.7%).

Earnings vs Market: CIMB's earnings (41.8% per year) are forecast to grow faster than the MY market (16.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CIMB's revenue (19.8% per year) is forecast to grow faster than the MY market (7.4% per year).

High Growth Revenue: CIMB's revenue (19.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CIMB's Return on Equity is forecast to be low in 3 years time (9.2%).


Next Steps

Past Performance

How has CIMB Group Holdings Berhad performed over the past 5 years?

-1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CIMB has high quality earnings.

Growing Profit Margin: CIMB's current net profit margins (10.5%) are lower than last year (28.1%).


Past Earnings Growth Analysis

Earnings Trend: CIMB's earnings have declined by 1.4% per year over the past 5 years.

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

Earnings vs Industry: CIMB had negative earnings growth (-73.8%) over the past year, making it difficult to compare to the Banks industry average (-11.6%).


Return on Equity

High ROE: CIMB's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is CIMB Group Holdings Berhad'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: CIMB's Assets to Equity ratio (10.5x) is moderate.

Allowance for Bad Loans: CIMB has a low allowance for bad loans (92%).

Low Risk Liabilities: 81% of CIMB's liabilities are made up of primarily low risk sources of funding.

Loan Level: CIMB has an appropriate level of Loans to Assets ratio (58%).

Low Risk Deposits: CIMB's Loans to Deposits ratio (80%) is appropriate.

Level of Bad Loans: CIMB has a high level of bad loans (3.6%).


Next Steps

Dividend

What is CIMB Group Holdings Berhad current dividend yield, its reliability and sustainability?

1.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CIMB's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.41%).

High Dividend: CIMB's dividend (1.14%) is low compared to the top 25% of dividend payers in the MY market (4.25%).


Stability and Growth of Payments

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

Growing Dividend: CIMB's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40%), CIMB's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CIMB's dividends in 3 years are forecast to be well covered by earnings (44.3% payout ratio).


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Abdul Bin Ahmad (51 yo)

0.67

Tenure

Dato Abdul Rahman bin Ahmad, DJN, PKT, PJK, has been Group Chief Executive Officer and Executive Director of CIMB Group Holdings Bhd. and CIMB Bank Bhd. since June 10, 2020. He has been Country Head of Mal...


Leadership Team

NamePositionTenureCompensationOwnership
Abdul Bin Ahmad
Group CEO0.67yrno datano data
Khairulanwar Rifaie
Group Chief Financial Officer2.08yrsno datano data
Omar Bin Amin Noer Rashid
Group Chief Operating Officer2.17yrsno datano data
Chee Wong
Group Chief Operations Officerno datano datano data
Chek Tan
Head of Investor Relationsno datano datano data
Verena Chua
Investor Relationsno datano datano data
Keen Kwan
Group Chief Legal & Compliance Officerno datano datano data
Josandi Thor
Head of Brandno datano datano data
Suria Zainal
Head - Group Corporate Communicationsno datano datano data
Hamidah Naziadin
Group Chief People Officerno datano datano data
Lye Mak
Advisor to the Group Chief Executive Officer1.08yrsno datano data
Effendy Hamid
Chief Executive Officer of Group Ventures & Partnershipsno datano datano data

1.6yrs

Average Tenure

47yo

Average Age

Experienced Management: CIMB's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Abdul Bin Ahmad
Group CEO0.67yrno datano data
Tigor Siahaan
Country Head of Indonesiano datano datano data
Tira Wannamethee
Member of International Advisory Panelno datano datano data
Kooi Tong
Member of International Advisory Panelno datano datano data
Tun Bin Hitam
Chairman of International Advisory Panelno datano datano data
Robert Coombe
Non-Executive Independent Director6.83yrsRM442.00kno data
Kok Lee
Non-Independent Director5.58yrsRM290.00k0.013%
MYR 5.6m
Su Teoh
Senior Independent Director2.33yrsRM525.00kno data
Mohammed Bin Md. Yusof
Member of International Advisory Panelno dataRM372.00kno data
Andrew Sheng
Member of International Advisory Panelno datano datano data
Mohamed Ross Mohd Din
Independent Non-Executive Director4.83yrsRM555.00kno data
Mohd bin Ahmad
Independent Chairman2.33yrsRM995.00kno data

3.6yrs

Average Tenure

59yo

Average Age

Experienced Board: CIMB's board of directors are considered experienced (3.6 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

CIMB Group Holdings Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CIMB Group Holdings Berhad
  • Ticker: CIMB
  • Exchange: KLSE
  • Founded: 1924
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: RM42.966b
  • Shares outstanding: 9.92b
  • Website: https://www.cimb.com

Number of Employees


Location

  • CIMB Group Holdings Berhad
  • Menara CIMB
  • Level 13
  • Kuala Lumpur
  • 50470
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CIMBKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJan 1992
CIMD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992

Biography

CIMB Group Holdings Berhad provides various banking products and services in Malaysia and internationally. The company’s Consumer Banking segment offers products, such as deposits; loans; personal financin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 11:08
End of Day Share Price2021/03/01 00:00
Earnings2020/12/31
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.