OTCPK:BKAY.Y

Stock Analysis Report

Executive Summary

Bank of Ayudhya Public Company Limited, through its subsidiaries, provides a range of banking services to individuals, corporates, small and medium-sized businesses, and financial institutions.

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Bank of Ayudhya's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:BKAY.Y

0.3%

US Banks

0.9%

US Market


1 Year Return

n/a

OTCPK:BKAY.Y

-13.6%

US Banks

0.3%

US Market

No trading data on BKAY.Y.

No trading data on BKAY.Y.


Share holder returns

BKAY.YIndustryMarket
7 Day0%0.3%0.9%
30 Day0%-5.1%-1.9%
90 Dayn/a-3.5%1.6%
1 Yearn/a-11.2%-13.6%2.6%0.3%
3 Yearn/a43.6%33.7%41.0%31.8%
5 Year-13.2%-14.6%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

How volatile is Bank of Ayudhya's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bank of Ayudhya undervalued based on future cash flows and its price relative to the stock market?

24%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Bank of Ayudhya's share price is below the future cash flow value, and at a moderate discount (> 20%).

Bank of Ayudhya's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Bank of Ayudhya is good value based on earnings compared to the US Banks industry average.

Bank of Ayudhya is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Bank of Ayudhya is poor value based on expected growth next year.


Price Based on Value of Assets

Bank of Ayudhya is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Bank of Ayudhya expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

1.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Bank of Ayudhya's revenue is expected to grow by 8.3% yearly, however this is not considered high growth (20% yearly).

Bank of Ayudhya's earnings are expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).

Bank of Ayudhya's revenue growth is expected to exceed the United States of America market average.

Bank of Ayudhya's earnings growth is positive but not above the United States of America market average.

Bank of Ayudhya's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Bank of Ayudhya is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Bank of Ayudhya performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Bank of Ayudhya's year on year earnings growth rate has been positive over the past 5 years.

Bank of Ayudhya's 1-year earnings growth exceeds its 5-year average (32.6% vs 16.2%)

Bank of Ayudhya's earnings growth has not exceeded the US Banks industry average in the past year (32.6% vs 33.2%).


Return on Equity

Bank of Ayudhya has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Bank of Ayudhya used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Bank of Ayudhya improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Bank of Ayudhya'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

Information is not available.

Information is not available.


Financial Institutions Analysis

Bank of Ayudhya has an acceptable proportion of non-loan assets held.

Bank of Ayudhya has a sufficient allowance for bad loans.

Bank of Ayudhya's liabilities are made up of primarily low risk sources of funding.

Bank of Ayudhya's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Bank of Ayudhya are broadly funded by customer deposits.

Bank of Ayudhya has a high level of bad loans (greater than 2%).


Next Steps

Dividend

What is Bank of Ayudhya's current dividend yield, its reliability and sustainability?

3.32%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Bank of Ayudhya's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Bank of Ayudhya's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (9.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).


Next Steps

Management

What is the CEO of Bank of Ayudhya's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Seiichiro Akita 0

0.3yrs

Tenure

0

Mr. Seiichiro Akita has been President, Chief Executive Officer and Director of Bank of Ayudhya PCL since May 15, 2019. 


Management Age and Tenure

3.1yrs

Average Tenure

57yo

Average Age

The tenure for the Bank of Ayudhya management team is about average.


Board Age and Tenure

2.3yrs

Average Tenure

67yo

Average Age

The average tenure for the Bank of Ayudhya board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Pornsanong Tuchinda (57yo)

    Head of Commercial Banking

    • Tenure: 3.8yrs
  • Voranuch Dejakaisaya (58yo)

    Chief Information & Operations Officer and First Executive VP

    • Tenure: 2.6yrs
  • Jiraporn Popairoj (57yo)

    Head of Fin Gover. Risk & Compl Div

    • Tenure: 3.6yrs
  • Duangdao Wongpanitkrit (50yo)

    CFO & Executive Director

    • Tenure: 3.4yrs
  • Phawana Niemloy (60yo)

    General Counsel & First Executive VP

    • Tenure: 12.3yrs
  • Saengchart Wanichwatphibun

    Chief Compliance Officer

    • Tenure: 4.1yrs
  • Masashi Nimura (53yo)

    Head of Sales & Trading

    • Tenure: 4.6yrs
  • Sittichai Mahaguna (52yo)

    Head of Investment Banking Group & Executive VP

    • Tenure: 0.8yrs
  • Vasin Udomratchatavanich

    Head of Human Resources Group

    • Tenure: 0.3yrs
  • Seiichiro Akita

    President

    • Tenure: 0.3yrs

Board Members

  • Pornsanong Tuchinda (57yo)

    Head of Commercial Banking

    • Tenure: 3.8yrs
  • Nopporn Tirawattanagool (64yo)

    Non-Executive Director

    • Tenure: 5.6yrs
    • Compensation: ฿6.62m
  • Virat Phairatphiboon (70yo)

    Independent Director

    • Tenure: 20.7yrs
    • Compensation: ฿6.63m
  • Jamlong Atikul (70yo)

    Independent Director

    • Tenure: 0.8yrs
    • Compensation: ฿1.10m
  • Karun Kittisataporn (72yo)

    Chairman

    • Tenure: 0.1yrs
    • Compensation: ฿5.82m
  • Potjanee Thanavaranit (73yo)

    Independent Director

    • Tenure: 9.3yrs
    • Compensation: ฿5.82m
  • Duangdao Wongpanitkrit (50yo)

    CFO & Executive Director

    • Tenure: 3.4yrs
  • Noriaki Goto (56yo)

    Vice Chairman

    • Tenure: 0.3yrs
  • Toru Matsuda

    Director

    • Tenure: 1.1yrs
    • Compensation: ฿2.89m
  • Seiichiro Akita

    President

    • Tenure: 0.3yrs

Company Information

Bank of Ayudhya Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bank of Ayudhya Public Company Limited
  • Ticker: BKAY.Y
  • Exchange: OTCPK
  • Founded: 1945
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ฿259.291b
  • Listing Market Cap: ฿8.409b
  • Shares outstanding: 7.36b
  • Website: https://www.krungsri.com

Number of Employees


Location

  • Bank of Ayudhya Public Company Limited
  • 1222 Rama III Road
  • Bang Phongphang Subdistrict
  • Bangkok
  • 10120
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BAYSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBJan 1992
BAY-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB10(ALIEN MARKET)THTHBJan 1992
NVAUDB (Deutsche Boerse AG)NON VTG DEP RCPT REP 1 ORD THB10DEEURAug 2001
BAY-RSET (The Stock Exchange of Thailand)NON VTG DEP RCPT REP 1 ORD THB10THTHBAug 2001
BKAH.FOTCPK (Pink Sheets LLC)NON VTG DEP RCPT REP 1 ORD THB10USUSDAug 2001
BKAY.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2011

Biography

Bank of Ayudhya Public Company Limited, through its subsidiaries, provides a range of banking services to individuals, corporates, small and medium-sized businesses, and financial institutions. The company ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:26
End of Day Share Price2019/06/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.