ICBCT Stock Overview
ICBC Turkey Bank A.S., together with its subsidiaries, provides various banking products and services in Turkey.
ICBC Turkey Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₺4.86|
|52 Week High||₺6.54|
|52 Week Low||₺4.48|
|1 Month Change||-2.02%|
|3 Month Change||-3.76%|
|1 Year Change||-8.13%|
|3 Year Change||35.00%|
|5 Year Change||59.34%|
|Change since IPO||3,944.14%|
Recent News & Updates
|ICBCT||TR Banks||TR Market|
Return vs Industry: ICBCT underperformed the TR Banks industry which returned 23.1% over the past year.
Return vs Market: ICBCT underperformed the TR Market which returned 54.7% over the past year.
|ICBCT Average Weekly Movement||3.5%|
|Banks Industry Average Movement||6.1%|
|Market Average Movement||6.1%|
|10% most volatile stocks in TR Market||8.7%|
|10% least volatile stocks in TR Market||4.2%|
Stable Share Price: ICBCT is less volatile than 75% of TR stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ICBCT's weekly volatility (4%) has been stable over the past year.
About the Company
ICBC Turkey Bank A.S., together with its subsidiaries, provides various banking products and services in Turkey. The company’s corporate and commercial banking products include spot, rotating, discount-purchase, foreign currency indexed, and equal installment loans; Eximbank loans; foreign credits, including working capital, export credit agencies, and pre-export financing loans; and non-cash loans, such as letters of guarantee, import loans, letters of credit, acceptance/aval loans, export loans, and letters of reference, as well as risk management, trade finance and RMB, cash management, and insurance services. It also provides retail banking products and services comprising demand deposit, time-deposit, overdraft, fund deposit, E-deposit, and automatic fund saving accounts; consumer loans, such as cash, car, and housing loans; credit cards; money transfer and payment services; safe deposit boxes; insurance services; online banking services; and individual pension systems and life insurances.
ICBC Turkey Bank Fundamentals Summary
|ICBCT fundamental statistics|
Is ICBCT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ICBCT income statement (TTM)|
|Cost of Revenue||₺23.08m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.56|
|Net Profit Margin||31.62%|
How did ICBCT perform over the long term?See historical performance and comparison
Is ICBCT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ICBCT?
Other financial metrics that can be useful for relative valuation.
|What is ICBCT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ICBCT's PE Ratio compare to its peers?
|ICBCT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SKBNK Sekerbank T.A.S
ALBRK Albaraka Türk Katilim Bankasi
SAHOL Haci Ömer Sabanci Holding
HALKB Türkiye Halk Bankasi
ICBCT ICBC Turkey Bank
Price-To-Earnings vs Peers: ICBCT is expensive based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (3.8x).
Price to Earnings Ratio vs Industry
How does ICBCT's PE Ratio compare vs other companies in the Asian Banks Industry?
Price-To-Earnings vs Industry: ICBCT is expensive based on its Price-To-Earnings Ratio (8.7x) compared to the TR Banks industry average (3.2x)
Price to Earnings Ratio vs Fair Ratio
What is ICBCT'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.
|Current PE Ratio||8.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ICBCT's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ICBCT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ICBCT's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ICBCT's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ICBCT's PEG Ratio to determine if it is good value.
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How is ICBC Turkey Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 ICBC Turkey Bank 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.
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- Check out ICBC Turkey Bank's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
How has ICBC Turkey Bank performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICBCT has a high level of non-cash earnings.
Growing Profit Margin: ICBCT's current net profit margins (31.6%) are higher than last year (14.4%).
Past Earnings Growth Analysis
Earnings Trend: ICBCT's earnings have grown significantly by 36.6% per year over the past 5 years.
Accelerating Growth: ICBCT's earnings growth over the past year (394.3%) exceeds its 5-year average (36.6% per year).
Earnings vs Industry: ICBCT earnings growth over the past year (394.3%) exceeded the Banks industry 159.8%.
Return on Equity
High ROE: Whilst ICBCT's Return on Equity (23.9%) is high, this metric is skewed due to their high level of debt.
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How is ICBC Turkey Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score3/6
Financial Health Score 3/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ICBCT's Assets to Equity ratio (23.3x) is very high.
Allowance for Bad Loans: Insufficient data to determine if ICBCT has a sufficient allowance for bad loans.
Low Risk Liabilities: 54% of ICBCT's liabilities are made up of primarily low risk sources of funding.
Loan Level: ICBCT has an appropriate level of Loans to Assets ratio (37%).
Low Risk Deposits: ICBCT's Loans to Deposits ratio (72%) is appropriate.
Level of Bad Loans: Insufficient data to determine if ICBCT has an appropriate level of bad loans.
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What is ICBC Turkey Bank current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ICBCT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ICBCT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ICBCT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ICBCT's dividend payments have been increasing.
Current Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ICBCT's dividend in 3 years as they are not forecast to pay a notable one for the TR market.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Shaoxiong Xie is the Managing Director, Chief Executive Officer and Director of Industrial and Commercial Bank of China (Malaysia) Berhad since January 19, 2022. He has been the General Manager and Dir...
Experienced Management: ICBCT's management team is considered experienced (3.8 years average tenure).
Experienced Board: ICBCT's board of directors are considered experienced (6.3 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.
ICBC Turkey Bank A.S.'s employee growth, exchange listings and data sources
- Name: ICBC Turkey Bank A.S.
- Ticker: ICBCT
- Exchange: IBSE
- Founded: 1985
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: ₺4.154b
- Shares outstanding: 860.00m
- Website: https://www.icbc.com.tr
Number of Employees
- ICBC Turkey Bank A.S.
- Maslak Mah. Dereboyu/2 Caddesi No: 13
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/01 00:00|
|End of Day Share Price||2022/07/01 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.