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SCBP

Standard Chartered Bank (Pakistan) KASE:SCBPL Stock Report

Last Price

PK₨29.00

Market Cap

PK₨112.3b

7D

-1.5%

1Y

-13.9%

Updated

21 May, 2022

Data

Company Financials
SCBPL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends4/6

SCBPL Stock Overview

Standard Chartered Bank (Pakistan) Limited, together with its subsidiaries, engages in the banking business in Pakistan.

Standard Chartered Bank (Pakistan) Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Standard Chartered Bank (Pakistan)
Historical stock prices
Current Share PricePK₨29.00
52 Week HighPK₨37.51
52 Week LowPK₨27.55
Beta0.66
1 Month Change2.47%
3 Month Change-6.03%
1 Year Change-13.95%
3 Year Change26.36%
5 Year Change11.62%
Change since IPO-43.58%

Recent News & Updates

Shareholder Returns

SCBPLPK BanksPK Market
7D-1.5%-0.9%-0.8%
1Y-13.9%0.04%-12.1%

Return vs Industry: SCBPL underperformed the PK Banks industry which returned 0% over the past year.

Return vs Market: SCBPL underperformed the PK Market which returned -12.1% over the past year.

Price Volatility

Is SCBPL's price volatile compared to industry and market?
SCBPL volatility
SCBPL Average Weekly Movement7.4%
Banks Industry Average Movement4.7%
Market Average Movement5.8%
10% most volatile stocks in PK Market9.1%
10% least volatile stocks in PK Market3.5%

Stable Share Price: SCBPL is more volatile than 75% of PK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SCBPL's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of PK stocks.

About the Company

FoundedEmployeesCEOWebsite
18632,279Rehan Shaikhhttps://www.sc.com/pk

Standard Chartered Bank (Pakistan) Limited, together with its subsidiaries, engages in the banking business in Pakistan. The company operates through Corporate Commercial and Institutional Banking, and Consumer Private Business Banking segments. The company provides fixed and term, and savings deposits; current and margin accounts; and mortgages, personal and auto loans, overdrafts etc. It also offers investment products, including fixed income, mutual funds, and foreign exchange; life and general insurance products; and credit cards.

Standard Chartered Bank (Pakistan) Fundamentals Summary

How do Standard Chartered Bank (Pakistan)'s earnings and revenue compare to its market cap?
SCBPL fundamental statistics
Market CapPK₨112.28b
Earnings (TTM)PK₨17.57b
Revenue (TTM)PK₨42.96b

6.4x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SCBPL income statement (TTM)
RevenuePK₨42.96b
Cost of RevenuePK₨456.80m
Gross ProfitPK₨42.50b
Other ExpensesPK₨24.93b
EarningsPK₨17.57b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.54
Gross Margin98.94%
Net Profit Margin40.90%
Debt/Equity Ratio114.9%

How did SCBPL perform over the long term?

See historical performance and comparison

Dividends

12.1%

Current Dividend Yield

66%

Payout Ratio

Valuation

Is Standard Chartered Bank (Pakistan) undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


6.39x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: SCBPL (PKR29) is trading above our estimate of fair value (PKR12.82)

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


Price To Earnings Ratio

PE vs Industry: SCBPL is poor value based on its PE Ratio (6.4x) compared to the PK Banks industry average (4.9x).

PE vs Market: SCBPL is poor value based on its PE Ratio (6.4x) compared to the PK market (5.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SCBPL is overvalued based on its PB Ratio (1.4x) compared to the PK Banks industry average (0.6x).


Future Growth

How is Standard Chartered Bank (Pakistan) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.9%

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 Standard Chartered Bank (Pakistan) 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 Standard Chartered Bank (Pakistan) performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SCBPL has high quality earnings.

Growing Profit Margin: SCBPL's current net profit margins (40.9%) are higher than last year (33.3%).


Past Earnings Growth Analysis

Earnings Trend: SCBPL's earnings have grown by 11% per year over the past 5 years.

Accelerating Growth: SCBPL's earnings growth over the past year (59.1%) exceeds its 5-year average (11% per year).

Earnings vs Industry: SCBPL earnings growth over the past year (59.1%) exceeded the Banks industry 11.6%.


Return on Equity

High ROE: Whilst SCBPL's Return on Equity (21.98%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Standard Chartered Bank (Pakistan)'s financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

4/6

Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SCBPL's Assets to Equity ratio (11.2x) is moderate.

Allowance for Bad Loans: SCBPL has a low allowance for bad loans (100%).

Low Risk Liabilities: 79% of SCBPL's liabilities are made up of primarily low risk sources of funding.

Loan Level: SCBPL has an appropriate level of Loans to Assets ratio (28%).

Low Risk Deposits: SCBPL's Loans to Deposits ratio (39%) is appropriate.

Level of Bad Loans: SCBPL has a high level of bad loans (7.7%).


Dividend

What is Standard Chartered Bank (Pakistan) current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


12.07%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SCBPL's dividend (12.07%) is higher than the bottom 25% of dividend payers in the PK market (3.71%).

High Dividend: SCBPL's dividend (12.07%) is in the top 25% of dividend payers in the PK market (10.85%)


Stability and Growth of Payments

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

Growing Dividend: SCBPL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (66.1%), SCBPL'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 or that it will be covered by earnings.


Discover strong dividend paying companies

Management

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

1.8yrs

Average board tenure


CEO

Rehan Shaikh

1.75yrs

Tenure

Mr. Rehan Muhammad Shaikh has been Chief Executive Officer and Executive Director of Standard Chartered Bank (Pakistan) Ltd. since August 05, 2020. Mr. Shaikh served as Chief Executive Officer of Standard...


Board Members

Experienced Board: SCBPL'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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Standard Chartered Bank (Pakistan) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Standard Chartered Bank (Pakistan) Limited
  • Ticker: SCBPL
  • Exchange: KASE
  • Founded: 1863
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: PK₨112.276b
  • Shares outstanding: 3.87b
  • Website: https://www.sc.com/pk

Number of Employees


Location

  • Standard Chartered Bank (Pakistan) Limited
  • I.I. Chundrigar Road
  • P.O. Box No. 5556
  • Karachi
  • 74000
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/19 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.