OTCPK:KPCP.F

Stock Analysis Report

Executive Summary

Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services in Thailand and internationally.

Snowflake

Fundamentals

Undervalued with excellent balance sheet and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

OTCPK:KPCP.F

3.3%

US Banks

2.1%

US Market


1 Year Return

-24.1%

OTCPK:KPCP.F

-13.8%

US Banks

-0.04%

US Market

KPCP.F underperformed the Banks industry which returned -14.8% over the past year.

KPCP.F underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

KPCP.FIndustryMarket
7 Day0.2%3.3%2.1%
30 Day-11.7%-7.0%-3.2%
90 Dayn/a-2.3%2.8%
1 Year-24.1%-24.1%-11.3%-13.8%2.2%-0.04%
3 Year-8.1%-8.1%42.5%32.7%41.5%32.3%
5 Year-26.8%-26.8%54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

21%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Kasikornbank is good value based on earnings compared to the US Banks industry average.

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


Price Based on Expected Growth

Kasikornbank is good value based on expected growth next year.


Price Based on Value of Assets

Kasikornbank is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

11.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Kasikornbank's revenue is expected to grow by 8% yearly, however this is not considered high growth (20% yearly).

Kasikornbank's earnings are expected to grow by 11.7% yearly, however this is not considered high growth (20% yearly).

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

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

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


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Kasikornbank performed over the past 5 years?

-4.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Kasikornbank's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Kasikornbank's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Kasikornbank's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

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


Return on Assets

Kasikornbank 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 Kasikornbank 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 Kasikornbank'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

Kasikornbank has an acceptable proportion of non-loan assets held.

Kasikornbank has a sufficient allowance for bad loans.

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

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

Loans at Kasikornbank are broadly funded by customer deposits.

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


Next Steps

Dividend

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

3.36%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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

Kasikornbank'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 well covered by earnings (4.4x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.5x coverage).


Next Steps

Management

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

6.4yrs

Average management tenure


CEO

Banthoon Lamsam (66yo)

6.4yrs

Tenure

฿7,049,136

Compensation

Mr. Banthoon Lamsam has been Chief Executive Officer of Kasikornbank Public Company Limited (also known as Thai Farmers Bank Public Company Limited) since 2004 and served as its President since July 16, 20 ...


Management Age and Tenure

6.4yrs

Average Tenure

55yo

Average Age

The average tenure for the Kasikornbank management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.0yrs

Average Tenure

60yo

Average Age

The tenure for the Kasikornbank board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Tawit Thanachanan (54yo)

    First Senior Vice President

    • Tenure: 18.6yrs
  • Chartchai Sundharagiati (59yo)

    First Senior Vice President

    • Tenure: 18.6yrs
  • Banthoon Lamsam (66yo)

    Chairman & CEO

    • Tenure: 6.4yrs
    • Compensation: ฿7.05m
  • Adit Laixuthai (55yo)

    Corporate Secretariat Div Head

    • Tenure: 0.0yrs
  • Kattiya Indaravijaya (54yo)

    President & Executive Director

    • Tenure: 3.6yrs
    • Compensation: ฿3.80m
  • Predee Daochai (61yo)

    President & Executive Director

    • Tenure: 6.4yrs
    • Compensation: ฿3.80m
  • Abhijai Chandrasen (70yo)

    Non-Executive Director & Legal Adviser

    • Tenure: 19.3yrs
    • Compensation: ฿8.19m
  • Patchara Samalapa (48yo)

    President & Director

    • Tenure: 1.3yrs
    • Compensation: ฿1.06m
  • Pipit Aneaknithi (52yo)

    President & Executive Director

    • Tenure: 2.6yrs
    • Compensation: ฿3.80m
  • Pornvipa Tangtrongchit

    Chief of Investment Banking

    • Tenure: 0.0yrs

Board Members

  • Sujitpan Lamsam (60yo)

    Vice Chairperson of the Board

    • Tenure: 3.6yrs
    • Compensation: ฿5.74m
  • Banyong Lamsam (86yo)

    Honorary Chairman

    • Tenure: 0.0yrs
    • Compensation: ฿569.82k
  • Banthoon Lamsam (66yo)

    Chairman & CEO

    • Tenure: 6.4yrs
    • Compensation: ฿7.05m
  • Kattiya Indaravijaya (54yo)

    President & Executive Director

    • Tenure: 3.6yrs
    • Compensation: ฿3.80m
  • Predee Daochai (61yo)

    President & Executive Director

    • Tenure: 6.4yrs
    • Compensation: ฿3.80m
  • Abhijai Chandrasen (70yo)

    Non-Executive Director & Legal Adviser

    • Tenure: 19.3yrs
    • Compensation: ฿8.19m
  • Patchara Samalapa (48yo)

    President & Director

    • Tenure: 1.3yrs
    • Compensation: ฿1.06m
  • Piyasvasti Amranand (66yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: ฿5.72m
  • Pipit Aneaknithi (52yo)

    President & Executive Director

    • Tenure: 2.6yrs
    • Compensation: ฿3.80m
  • Kobkarn Wattanavrangkul (59yo)

    Vice Chairperson & Lead Independent Director

    • Tenure: 1.3yrs
    • Compensation: ฿2.63m
  • Nalinee Paiboon (60yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: ฿5.24m

Company Information

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


Key Information

  • Name: Kasikornbank Public Company Limited
  • Ticker: KPCP.F
  • Exchange: OTCPK
  • Founded: 1945
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ฿373.349b
  • Listing Market Cap: ฿12.123b
  • Shares outstanding: 2.39b
  • Website: https://www.kasikornbank.com

Location

  • Kasikornbank Public Company Limited
  • 1 Soi Rat Burana 27/1
  • Rat Burana Road
  • Bangkok
  • 10140
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TFBFDB (Deutsche Boerse AG)THBH10(ALIEN MARKET)DEEURMay 1993
KBANKSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBMay 1993
KBANK-FTHAMSE (Bangkok-Alien Market Stock Exchange)THBH10(ALIEN MARKET)THTHBMay 1993
KPCP.FOTCPK (Pink Sheets LLC)THBH10(ALIEN MARKET)USUSDMay 1993
KBANK-RSET (The Stock Exchange of Thailand)NON VTG DEP RCPT REP 1 ORD THB10THTHBAug 2001
KPCU.FOTCPK (Pink Sheets LLC)NON VTG DEP RCPT REP 1 ORD THB10USUSDAug 2001
KPCP.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDApr 2011

Biography

Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services in Thailand and internationally. The company’s personal banking products and services  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:09
End of Day Share Price2019/08/22 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.