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DCB

DCB Commercial BankDAR:DCB Stock Report

Market Cap

TSh18.5b

7D

0%

1Y

-24.5%

Updated

20 Oct, 2021

Data

Company Financials
DCB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

DCB Overview

DCB Commercial Bank Plc provides various banking products and services in Tanzania.

Price History & Performance

Summary of all time highs, changes and price drops for DCB Commercial Bank
Historical stock prices
Current Share PriceTSh200.00
52 Week HighTSh200.00
52 Week LowTSh265.00
Beta0.036
1 Month Change-9.09%
3 Month Change-16.67%
1 Year Change-24.53%
3 Year Change-41.18%
5 Year Change-53.49%
Change since IPO-60.78%

Recent News & Updates

Shareholder Returns

DCBTZ BanksTZ Market
7D0%-1.3%-0.6%
1Y-24.5%25.9%3.7%

Return vs Industry: DCB underperformed the TZ Banks industry which returned 28.2% over the past year.

Return vs Market: DCB underperformed the TZ Market which returned 3.9% over the past year.

Price Volatility

Is DCB's price volatile compared to industry and market?
DCB volatility
DCB Beta0.036
Industry Beta0.68
Market Beta1

Stable Share Price: Insufficient data to determine DCB's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine DCB's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001238Godfrey Ndalahwahttps://www.dcb.co.tz

DCB Commercial Bank Plc provides various banking products and services in Tanzania. It operates through Treasury, Retail Banking, and Other segments. The company offers savings, current, young saver, student, and joint accounts, as well as fixed and short-term deposits.

DCB Commercial Bank Fundamentals Summary

How do DCB Commercial Bank's earnings and revenue compare to its market cap?
DCB fundamental statistics
Market CapTSh18.47b
Earnings (TTM)TSh872.47m
Revenue (TTM)TSh19.43b

21.2x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DCB income statement (TTM)
RevenueTSh19.43b
Cost of RevenueTSh0
Gross ProfitTSh19.43b
ExpensesTSh18.56b
EarningsTSh872.47m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.45
Gross Margin100.00%
Net Profit Margin4.49%
Debt/Equity Ratio28.5%

How did DCB perform over the long term?

See historical performance and comparison

Valuation

Is DCB Commercial Bank undervalued compared to its fair value and its price relative to the market?

21.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DCB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DCB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DCB is poor value based on its PE Ratio (21.2x) compared to the TZ Banks industry average (4.3x).

PE vs Market: DCB is poor value based on its PE Ratio (21.2x) compared to the TZ market (10.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DCB is good value based on its PB Ratio (0.6x) compared to the TZ Banks industry average (0.8x).


Future Growth

How is DCB Commercial Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.3%

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 DCB Commercial 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.


Past Performance

How has DCB Commercial Bank performed over the past 5 years?

34.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DCB has a high level of non-cash earnings.

Growing Profit Margin: DCB's current net profit margins (4.5%) are lower than last year (8.3%).


Past Earnings Growth Analysis

Earnings Trend: DCB's earnings have grown significantly by 34.8% per year over the past 5 years.

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

Earnings vs Industry: DCB had negative earnings growth (-40.3%) over the past year, making it difficult to compare to the Banks industry average (11%).


Return on Equity

High ROE: DCB's Return on Equity (2.8%) is considered low.


Financial Health

How is DCB Commercial Bank'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: DCB's Assets to Equity ratio (6.4x) is low.

Allowance for Bad Loans: DCB has a low allowance for bad loans (50%).

Low Risk Liabilities: 92% of DCB's liabilities are made up of primarily low risk sources of funding.

Loan Level: DCB has an appropriate level of Loans to Assets ratio (55%).

Low Risk Deposits: DCB's Loans to Deposits ratio (72%) is appropriate.

Level of Bad Loans: DCB has a high level of bad loans (11.6%).


Dividend

What is DCB Commercial Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DCB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DCB'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 DCB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DCB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: DCB is not paying a notable dividend for the TZ market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DCB's dividend in 3 years as they are not forecast to pay a notable one for the TZ market.


Next Steps

Management

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

2.9yrs

Average management tenure


CEO

Godfrey Ndalahwa (45 yo)

no data

Tenure

Mr. Godfrey Petro Ndalahwa serves as Managing Director of DCB Commercial Bank Plc and serves as its Director since January 1, 2018. Mr. Ndalahwa served as Acting Managing Director of KCB Bank Tanzania Ltd....


Leadership Team

Experienced Management: DCB's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: DCB's board of directors are considered experienced (3.8 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

DCB Commercial Bank Plc's employee growth, exchange listings and data sources


Key Information

  • Name: DCB Commercial Bank Plc
  • Ticker: DCB
  • Exchange: DAR
  • Founded: 2001
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: TSh18.473b
  • Shares outstanding: 92.36m
  • Website: https://www.dcb.co.tz

Number of Employees


Location

  • DCB Commercial Bank Plc
  • DCB House
  • Magomeni Mwembechai
  • Dar es Salaam
  • Tanzania

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:00
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
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.