OTCPK:KGTF.Y

Stock Analysis Report

Executive Summary

Krung Thai Bank Public Company Limited provides commercial banking products and services to individuals and corporate customers primarily in Thailand.

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:KGTF.Y

2.4%

US Banks

2.9%

US Market


1 Year Return

n/a

OTCPK:KGTF.Y

-14.8%

US Banks

0.2%

US Market

No trading data on KGTF.Y.

No trading data on KGTF.Y.


Share holder returns

KGTF.YIndustryMarket
7 Day0%2.4%2.9%
30 Day-9.7%-6.3%-2.3%
90 Day-1.3%-2.1%3.1%
1 Yearn/a-12.4%-14.8%2.4%0.2%
3 Year13.7%3.7%41.7%32.0%41.7%32.4%
5 Year-9.7%-23.0%52.2%35.7%55.1%37.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

20%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Krung Thai Bank is good value based on earnings compared to the US Banks industry average.

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


Price Based on Expected Growth

Krung Thai Bank is poor value based on expected growth next year.


Price Based on Value of Assets

Krung Thai Bank is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Krung Thai Bank expected to perform in the next 1 to 3 years based on estimates from 22 analysts?

5.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Krung Thai Bank's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).

Krung Thai Bank's earnings are expected to grow by 5.9% yearly, however this is not considered high growth (20% yearly).

Krung Thai Bank's revenue growth is positive but not above the United States of America market average.

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

Krung Thai Bank's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Krung Thai Bank performed over the past 5 years?

-5.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Krung Thai Bank's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Krung Thai Bank's 1-year earnings growth exceeds its 5-year average (17.1% vs -5.7%)

Krung Thai Bank's earnings growth has not exceeded the US Banks industry average in the past year (17.1% vs 33.2%).


Return on Equity

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


Return on Assets

Krung Thai Bank 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 Krung Thai Bank 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 Krung Thai 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

Information is not available.

Information is not available.


Financial Institutions Analysis

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

Krung Thai Bank has a sufficient allowance for bad loans.

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

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

Loans at Krung Thai Bank are broadly funded by customer deposits.

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


Next Steps

Dividend

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

4.85%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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

Krung Thai Bank's dividend is above the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Payong Srivanich (50yo)

1.6yrs

Tenure

฿1,560,000

Compensation

Mr. Payong Srivanich has been President and Executive Director of Krung Thai Bank since November 8, 2016 and its Chief Executive Officer since 2018. Mr. Srivanich serves as Senior Executive Vice President  ...


Management Age and Tenure

2.8yrs

Average Tenure

51yo

Average Age

The tenure for the Krung Thai Bank management team is about average.


Board Age and Tenure

3.6yrs

Average Tenure

59yo

Average Age

The tenure for the Krung Thai Bank board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Suchart Dejittirut (61yo)

    Head of Compliance & Legal Management Group and Senior EVP

    • Tenure: 0.0yrs
  • Somsak Likitkranchanakul

    Senior VP & Manager of Accounting Department

    • Tenure: 0.0yrs
  • Siriporn Nopwattanapong

    EVP of Mktg & Corporate Communication Sector and Director of Mktg & Corporate Communication Sector

    • Tenure: 0.0yrs
  • Kaival Pongnontakul

    Senior Vice President of Investor Relations Department

    • Tenure: 4.0yrs
  • Poonnis Sakuntanaga (60yo)

    Executive Director

    • Tenure: 4.6yrs
    • Compensation: ฿1.92m
  • Payong Srivanich (50yo)

    President

    • Tenure: 1.6yrs
    • Compensation: ฿1.56m
  • Boonlerd Sinsombat (51yo)

    Senior EVP & Head of Technology Group

    • Tenure: 2.2yrs
  • Amporn Chotruchsakul (59yo)

    Senior EVP

    • Tenure: 3.6yrs
  • Suppawat Wadhanapatee (48yo)

    Head of Human Resources & Corporate Governance Group and First EVP

    • Tenure: 2.8yrs
  • Patricia Mongkhonvanit (47yo)

    Executive Director

    • Tenure: 0.7yrs
    • Compensation: ฿11.29k

Board Members

  • Krairit Euchukanonchai (64yo)

    Vice Chairman

    • Tenure: 3.6yrs
    • Compensation: ฿3.00m
  • Nontigorn Kanchanachitra (64yo)

    Director

    • Tenure: 0.0yrs
    • Compensation: ฿2.28m
  • Kittipong Kittayarak (60yo)

    Independent Director

    • Tenure: 5.1yrs
    • Compensation: ฿2.12m
  • Ekniti Nitithanprapas (48yo)

    Chairman of the Board

    • Tenure: 1.2yrs
    • Compensation: ฿1.10m
  • Vichai Assarasakorn (58yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: ฿2.28m
  • Poonnis Sakuntanaga (60yo)

    Executive Director

    • Tenure: 4.6yrs
    • Compensation: ฿1.92m
  • Tienchai Rubporn (63yo)

    Independent Director

    • Tenure: 4.6yrs
    • Compensation: ฿1.92m
  • Payong Srivanich (50yo)

    President

    • Tenure: 1.6yrs
    • Compensation: ฿1.56m
  • Thanwa Laohasiriwong (53yo)

    Independent Director

    • Tenure: 3.6yrs
    • Compensation: ฿1.77m
  • Patricia Mongkhonvanit (47yo)

    Executive Director

    • Tenure: 0.7yrs
    • Compensation: ฿11.29k

Company Information

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


Key Information

  • Name: Krung Thai Bank Public Company Limited
  • Ticker: KGTF.Y
  • Exchange: OTCPK
  • Founded: 1966
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ฿244.581b
  • Listing Market Cap: ฿7.947b
  • Shares outstanding: 13.98b
  • Website: https://www.ktb.co.th

Location

  • Krung Thai Bank Public Company Limited
  • Building 1
  • 35 Sukhumvit Road
  • Bangkok
  • 10110
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KTBSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBJan 1992
KTB1DB (Deutsche Boerse AG)THB5.15(ALIEN MARKET)DEEURJan 1992
KTB-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB5.15(ALIEN MARKET)THTHBJan 1992
KTHA.FOTCPK (Pink Sheets LLC)NON VTG DEP RCPR REP 1 ORD THB5.15USUSDAug 2001
KTB-RSET (The Stock Exchange of Thailand)NON VTG DEP RCPR REP 1 ORD THB5.15THTHBAug 2001
KGTF.FOTCPK (Pink Sheets LLC)SHSUSUSDJul 2003
KGTF.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDOct 2011

Biography

Krung Thai Bank Public Company Limited provides commercial banking products and services to individuals and corporate customers primarily in Thailand. The company operates through three segments: Retail Ba ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:17
End of Day Share Price2019/08/13 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.