Soneri Bank Valuation

Is SNBL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SNBL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SNBL (PKR14.92) is trading above our estimate of fair value (PKR1.04)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SNBL?

Key metric: As SNBL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SNBL. This is calculated by dividing SNBL's market cap by their current earnings.
What is SNBL's PE Ratio?
PE Ratio2.5x
EarningsPK₨6.65b
Market CapPK₨16.45b

Price to Earnings Ratio vs Peers

How does SNBL's PE Ratio compare to its peers?

The above table shows the PE ratio for SNBL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average4.7x
BOK Bank of Khyber
4.2xn/aPK₨15.1b
BOP Bank of Punjab
1.7xn/aPK₨21.9b
SBL Samba Bank
11.1xn/aPK₨10.4b
BIPL BankIslami Pakistan
2xn/aPK₨24.6b
SNBL Soneri Bank
2.5xn/aPK₨16.4b

Price-To-Earnings vs Peers: SNBL is good value based on its Price-To-Earnings Ratio (2.5x) compared to the peer average (4.7x).


Price to Earnings Ratio vs Industry

How does SNBL's PE Ratio compare vs other companies in the Asian Banks Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SNBL 2.5xIndustry Avg. 8.5xNo. of Companies79PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SNBL is good value based on its Price-To-Earnings Ratio (2.5x) compared to the Asian Banks industry average (8.4x).


Price to Earnings Ratio vs Fair Ratio

What is SNBL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SNBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SNBL's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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