UBL Stock Overview
United Bank Limited provides commercial banking and related services in Pakistan, the Middle East, and Europe.
United Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||PK₨141.02|
|52 Week High||PK₨146.90|
|52 Week Low||PK₨113.05|
|1 Month Change||4.45%|
|3 Month Change||-0.73%|
|1 Year Change||1.25%|
|3 Year Change||-8.01%|
|5 Year Change||-41.30%|
|Change since IPO||405.72%|
Recent News & Updates
|UBL||PK Banks||PK Market|
Return vs Industry: UBL exceeded the PK Banks industry which returned -1% over the past year.
Return vs Market: UBL exceeded the PK Market which returned -9.8% over the past year.
|UBL Average Weekly Movement||2.7%|
|Banks Industry Average Movement||3.4%|
|Market Average Movement||5.9%|
|10% most volatile stocks in PK Market||9.1%|
|10% least volatile stocks in PK Market||3.0%|
Stable Share Price: UBL is less volatile than 75% of PK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: UBL's weekly volatility (3%) has been stable over the past year.
About the Company
United Bank Limited provides commercial banking and related services in Pakistan, the Middle East, and Europe. The company provides project, trade, and working capital finance services; import and export, factoring, leasing, and lending services; and guarantees. It also offers services related to mergers and acquisitions, underwriting/arrangement of debt and equity instruments through syndications, initial public offerings, and private placements.
United Bank Fundamentals Summary
|UBL fundamental statistics|
Is UBL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UBL income statement (TTM)|
|Cost of Revenue||PK₨1.69b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||22.95|
|Net Profit Margin||29.83%|
How did UBL perform over the long term?See historical performance and comparison
11.3%Current Dividend Yield
Is United Bank 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: UBL (PKR141.02) is trading above our estimate of fair value (PKR95.38)
Significantly Below Fair Value: UBL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UBL is poor value based on its PE Ratio (6.1x) compared to the PK Banks industry average (5.5x).
PE vs Market: UBL is good value based on its PE Ratio (6.1x) compared to the PK market (6.6x).
Price to Earnings Growth Ratio
PEG Ratio: UBL is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: UBL's PB Ratio (0.9x) is in line with the PK Banks industry average.
How is United Bank forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UBL's forecast earnings growth (12.8% per year) is above the savings rate (10%).
Earnings vs Market: UBL's earnings (12.8% per year) are forecast to grow faster than the PK market (7.4% per year).
High Growth Earnings: UBL's earnings are forecast to grow, but not significantly.
Revenue vs Market: UBL's revenue (12% per year) is forecast to grow faster than the PK market (8.9% per year).
High Growth Revenue: UBL's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UBL's Return on Equity is forecast to be low in 3 years time (18.6%).
How has United Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UBL has high quality earnings.
Growing Profit Margin: UBL's current net profit margins (29.8%) are higher than last year (25.9%).
Past Earnings Growth Analysis
Earnings Trend: UBL's earnings have declined by 3.2% per year over the past 5 years.
Accelerating Growth: UBL's earnings growth over the past year (38.4%) exceeds its 5-year average (-3.2% per year).
Earnings vs Industry: UBL earnings growth over the past year (38.4%) exceeded the Banks industry 3.4%.
Return on Equity
High ROE: UBL's Return on Equity (13.5%) is considered low.
How is United Bank'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: UBL's Assets to Equity ratio (12.8x) is moderate.
Allowance for Bad Loans: UBL has a low allowance for bad loans (92%).
Low Risk Liabilities: 79% of UBL's liabilities are made up of primarily low risk sources of funding.
Loan Level: UBL has an appropriate level of Loans to Assets ratio (26%).
Low Risk Deposits: UBL's Loans to Deposits ratio (35%) is appropriate.
Level of Bad Loans: UBL has a high level of bad loans (11.7%).
What is United Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UBL's dividend (11.35%) is higher than the bottom 25% of dividend payers in the PK market (3.21%).
High Dividend: UBL's dividend (11.35%) is in the top 25% of dividend payers in the PK market (10.05%)
Stability and Growth of Payments
Stable Dividend: UBL's dividend payments have been volatile in the past 10 years.
Growing Dividend: UBL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (93.7%), UBL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UBL's dividends in 3 years are forecast to be covered by earnings (65.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shazad Dada (55 yo)
Mr. Shazad G. Dada serves as Non-Executive Director at United National Bank Ltd. since November 02, 2020. He has been President, Chief Executive Officer and Director at United Bank Ltd.since July 16, 2020...
Experienced Management: UBL's management team is seasoned and experienced (6 years average tenure).
Experienced Board: UBL's board of directors are considered experienced (7.8 years average tenure).
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.
United Bank Limited's employee growth, exchange listings and data sources
- Name: United Bank Limited
- Ticker: UBL
- Exchange: KASE
- Founded: 1959
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: PK₨172.634b
- Shares outstanding: 1.22b
- Website: https://www.ubldigital.com
Number of Employees
- United Bank Limited
- I.I. Chundrigar Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 13:31|
|End of Day Share Price||2022/01/21 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.