OTCPK:BKKP.F

Stock Analysis Report

Executive Summary

Bangkok Bank Public Company Limited provides various commercial banking products and services primarily in Thailand.

Snowflake

Fundamentals

6 star dividend payer and undervalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.4%

BKKP.F

2.7%

US Banks

0.5%

US Market


1 Year Return

-17.3%

BKKP.F

2.9%

US Banks

6.8%

US Market

Return vs Industry: BKKP.F underperformed the US Banks industry which returned 2.9% over the past year.

Return vs Market: BKKP.F underperformed the US Market which returned 6.8% over the past year.


Shareholder returns

BKKP.FIndustryMarket
7 Day-1.4%2.7%0.5%
30 Day-8.2%1.1%-0.8%
90 Day-11.4%2.7%-0.9%
1 Year-17.3%-17.3%5.8%2.9%9.2%6.8%
3 Year26.0%26.0%52.0%41.5%45.6%36.2%
5 Year-14.3%-14.3%69.2%50.7%63.2%45.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

15.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BKKP.F ($5.42) is trading below our estimate of fair value ($6.43)

Significantly Below Fair Value: BKKP.F is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BKKP.F is good value based on its PE Ratio (9x) compared to the Banks industry average (12.5x).

PE vs Market: BKKP.F is good value based on its PE Ratio (9x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: BKKP.F is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: BKKP.F is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Bangkok Bank forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

9.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BKKP.F's forecast earnings growth (9.9% per year) is above the savings rate (2.7%).

Earnings vs Market: BKKP.F's earnings (9.9% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: BKKP.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: BKKP.F's revenue (5.8% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: BKKP.F's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BKKP.F's Return on Equity is forecast to be low in 3 years time (8.8%).


Next Steps

Past Performance

How has Bangkok Bank performed over the past 5 years?

-0.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BKKP.F's earnings have declined by -0.4% per year over the past 5 years.

Accelerating Growth: BKKP.F's earnings growth over the past year (1.9%) exceeds its 5-year average (-0.4% per year).

Earnings vs Industry: BKKP.F earnings growth over the past year (1.9%) underperformed the Banks industry 29.7%.


Return on Equity

High ROE: BKKP.F's Return on Equity (8.5%) is considered low.


Return on Assets

ROA vs Industry: BKKP.F has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate BKKP.F's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Bangkok 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

Inventory Level: BKKP.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: BKKP.F's debt is not covered by short term assets (assets are 1x debt).


Financial Institutions Analysis

Asset Level: BKKP.F's level of assets compared to its equity is low.

Allowance for Bad Loans: BKKP.F has a sufficient allowance for bad loans.

Low Risk Liabilities: BKKP.F's liabilities are made up of primarily low risk sources of funding.

Loan Level: BKKP.F has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BKKP.F's loans are broadly funded by customer deposits.

Level of Bad Loans: BKKP.F has a high level of bad loans (4.07%)


Next Steps

  • Explore more healthy companies in the Banks industry.

Dividend

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

3.88%

Current Dividend Yield


Dividend Yield vs Market

company3.9%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Years4.5%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BKKP.F's dividend (3.88%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: BKKP.F's dividend (3.88%) is in the top 25% of dividend payers in the US market (3.73%)

Stable Dividend: BKKP.F's dividends per share have been stable in the past 10 years.

Growing Dividend: BKKP.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.9%), BKKP.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BKKP.F's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).


Next Steps

Management

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

8.8yrs

Average management tenure


CEO

Deja Tulananda (85yo)

2.6yrs

Tenure

0

Mr. Deja Tulananda serves as Chief Executive Officer at Bangkok Bank PCL and serves as its Executive Director. He was the Chairman of the Board of Bangkok Bank PCL from March 23, 2017 until October 25, 201 ...


Management Age and Tenure

8.8yrs

Average Tenure

62yo

Average Age

Experienced Management: BKKP.F's management team is seasoned and experienced (8.8 years average tenure).


Board Age and Tenure

10.9yrs

Average Tenure

72yo

Average Age

Experienced Board: BKKP.F's board of directors are seasoned and experienced ( 10.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Chartsiri Sophonpanich (59yo)

    President & Executive Director

    • Tenure: 27.5yrs
  • Deja Tulananda (85yo)

    CEO & Executive Director

    • Tenure: 2.6yrs
  • Suvarn Thansathit (75yo)

    Senior EVP & Executive Director

    • Tenure: 13yrs
  • Suteera Sripaibulya (65yo)

    Senior EVP & Manager of Technology Division

    • Tenure: 0yrs
  • Songkram Sakulphramana

    Executive Vice President of Loan Recovery

    • Tenure: 0yrs
  • Chansak Fuangfu (69yo)

    Senior EVP & Executive Director

    • Tenure: 7.8yrs
  • Charamporn Jotikasthira (62yo)

    Executive Director

    • Tenure: 2.5yrs
  • Chaiyarit Anuchitworawong (53yo)

    Head of Intl. Banking Group

    • Tenure: 0yrs
  • Thaweelap Rittapirom (51yo)

    Executive VP & Executive Director

    • Tenure: 8.8yrs
  • Oranuch Nampoolsuksan (56yo)

    Executive Vice President of Accounting & Finance Division

    • Tenure: 0yrs

Board Members

  • Chartsiri Sophonpanich (59yo)

    President & Executive Director

    • Tenure: 27.5yrs
  • Deja Tulananda (85yo)

    CEO & Executive Director

    • Tenure: 2.6yrs
  • Suvarn Thansathit (75yo)

    Senior EVP & Executive Director

    • Tenure: 13yrs
  • Piti Sithi-Amnuai (85yo)

    Chairman

    • Tenure: 1yrs
  • Prachet Siridej (83yo)

    Independent Director

    • Tenure: 20.6yrs
  • Chansak Fuangfu (69yo)

    Senior EVP & Executive Director

    • Tenure: 7.8yrs
  • Boonsong Bunyasaranand (69yo)

    Senior EVP

    • Tenure: 0.5yrs
  • Charamporn Jotikasthira (62yo)

    Executive Director

    • Tenure: 2.5yrs
  • Kovit Poshyananda (83yo)

    Independent Director

    • Tenure: 16.5yrs
  • Thaweelap Rittapirom (51yo)

    Executive VP & Executive Director

    • Tenure: 8.8yrs

Company Information

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


Key Information

  • Name: Bangkok Bank Public Company Limited
  • Ticker: BKKP.F
  • Exchange: OTCPK
  • Founded: 1944
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ฿319.731b
  • Listing Market Cap: ฿10.556b
  • Shares outstanding: 1.91b
  • Website: https://www.bangkokbank.com

Number of Employees


Location

  • Bangkok Bank Public Company Limited
  • 333 Silom Road
  • Bangrak
  • Bangkok
  • 10500
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKKP.FOTCPK (Pink Sheets LLC)THB10(ALIEN MARKET)USUSDJan 1992
BBLSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBJan 1992
BBL-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB10(ALIEN MARKET)THTHBJan 1992
BKKFDB (Deutsche Boerse AG)THB10(ALIEN MARKET)DEEURJan 1992
BBL-RSET (The Stock Exchange of Thailand)NON VTG DEP RCPT REP 1 ORD THB10THTHBAug 2001
BGKK.FOTCPK (Pink Sheets LLC)NON VTG DEP RCPT REP 1 ORD THB10USUSDAug 2001
BKKL.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008

Biography

Bangkok Bank Public Company Limited provides various commercial banking products and services primarily in Thailand. The company operates through Domestic Banking, International Banking, Investment Banking ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:52
End of Day Share Price2019/10/17 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.