OTCPK:SCBF.F

Stock Analysis Report

Executive Summary

Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East.

Snowflake

Fundamentals

Excellent balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-3.1%

OTCPK:SCBF.F

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-12.3%

OTCPK:SCBF.F

-14.2%

US Banks

-0.4%

US Market

SCBF.F outperformed the Banks industry which returned -14.2% over the past year.

SCBF.F underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

SCBF.FIndustryMarket
7 Day-3.1%-2.6%-1.0%
30 Day-15.9%-6.3%-3.3%
90 Day-16.2%-3.5%0.8%
1 Year-12.3%-12.3%-11.8%-14.2%1.9%-0.4%
3 Year-9.5%-9.5%42.2%32.4%39.4%30.4%
5 Year-63.2%-63.2%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

46.32x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Standard Chartered's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Standard Chartered's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Standard Chartered is overvalued based on earnings compared to the US Banks industry average.

Standard Chartered is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Standard Chartered is poor value based on expected growth next year.


Price Based on Value of Assets

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


Next Steps

Future Growth

How is Standard Chartered expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

20.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Standard Chartered's revenue is expected to grow by 5% yearly, however this is not considered high growth (20% yearly).

Standard Chartered's earnings are expected to grow significantly at over 20% yearly.

Standard Chartered's revenue growth is positive but not above the United States of America market average.

Standard Chartered's earnings growth is expected to exceed the United States of America market average.

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


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Standard Chartered performed over the past 5 years?

-14.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

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


Return on Equity

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


Return on Assets

Standard Chartered used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Standard Chartered 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 Standard Chartered'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

Standard Chartered has an acceptable proportion of non-loan assets held.

Standard Chartered has a low allowance for bad loans.

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

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

Loans at Standard Chartered are broadly funded by customer deposits.

Standard Chartered has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

4.58%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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

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

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

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

Bill Winters (58yo)

4.2yrs

Tenure

US$5,950,000

Compensation

Mr. William Thomas Winters, also known as Bill, CBE has been the Group Chief Executive Officer of Standard Chartered PLC and Standard Chartered Bank since June 10, 2015. Mr. Winters served as the Chairman  ...


CEO Compensation Analysis

Bill's remuneration is lower than average for companies of similar size in United States of America.

Bill's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

4.1yrs

Average Tenure

58yo

Average Age

The tenure for the Standard Chartered management team is about average.


Board Age and Tenure

4.0yrs

Average Tenure

62yo

Average Age

The tenure for the Standard Chartered board of directors is about average.


Insider Trading

Standard Chartered individual insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

BuyUS$28,34227 Jun 19
Tracy Clarke
EntityIndividual
Shares3,171
Max PriceUS$8.94
SellUS$446,88627 Jun 19
Tracy Clarke
EntityIndividual
Shares50,000
Max PriceUS$8.94
BuyUS$422,22713 Mar 19
Andrew Halford
EntityIndividual
Role
Group CFO & Director
Member of the Board of Directors
Shares52,776
Max PriceUS$8.00
BuyUS$1,300,13213 Mar 19
William Winters
EntityIndividual
Role
Group Chief Executive & Director
Unit Chairman
Shares162,509
Max PriceUS$8.00
BuyUS$507,75113 Mar 19
Pi Cheng Hung
EntityIndividual
Shares63,466
Max PriceUS$8.00
BuyUS$237,68313 Mar 19
Tracy Clarke
EntityIndividual
Shares29,709
Max PriceUS$8.00
BuyUS$270,59613 Mar 19
Mark Smith
EntityIndividual
Shares33,823
Max PriceUS$8.00
BuyUS$328,44713 Mar 19
Sunil Kaushal
EntityIndividual
Shares41,054
Max PriceUS$8.00
BuyUS$446,64106 Nov 18
Sunil Kaushal
EntityIndividual
Shares60,000
Max PriceUS$7.44
BuyUS$1,049,19806 Nov 18
William Winters
EntityIndividual
Role
Group Chief Executive & Director
Unit Chairman
Shares140,000
Max PriceUS$7.49
BuyUS$75,41805 Nov 18
José Viñals Iñiguez
EntityIndividual
Role
Chairman of the Board
Shares10,000
Max PriceUS$7.54
BuyUS$286,43205 Nov 18
Naguib Kheraj
EntityIndividual
Role
Vice Chairman
Shares38,000
Max PriceUS$7.54
BuyUS$7,54405 Nov 18
Jasmine Whitbread
EntityIndividual
Shares1,000
Max PriceUS$7.54
BuyUS$79,30305 Nov 18
Byron Grote
EntityIndividual
Role
Member of the Board of Directors
Shares10,500
Max PriceUS$7.56
BuyUS$42,37525 Sep 18
Byron Grote
EntityIndividual
Role
Member of the Board of Directors
Shares5,000
Max PriceUS$8.48

Ownership Breakdown


Management Team

  • Bill Winters (58yo)

    Group Chief Executive & Director

    • Tenure: 4.2yrs
    • Compensation: $5.95m
  • David Fein (58yo)

    Group General Counsel

    • Tenure: 5.9yrs
  • Michael Gorriz (59yo)

    Group Chief Information Officer

    • Tenure: 4.1yrs
  • David Whiteing (50yo)

    Group Chief Operating Officer

    • Tenure: 0.6yrs
  • Andy Halford (60yo)

    Group CFO & Director

    • Tenure: 5.1yrs
    • Compensation: $3.65m
  • Sumit Dayal

    Group Head of Corporate Finance

    • Tenure: 4.3yrs
  • Tanuj Kapilashrami (41yo)

    Group Head of Human Resources

    • Tenure: 0.8yrs
  • Tracey McDermott (49yo)

    Group Head of Corporate Affairs

    • Tenure: 1.4yrs
  • Mark Stride

    Global Head of Investor Relations

  • Jon Tracey

    Global Head of Communications & Head of Media Relations


Board Members

  • Bill Winters (58yo)

    Group Chief Executive & Director

    • Compensation: $5.95m
  • Gay Evans (65yo)

    Independent Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: $192.00k
  • Naguib Kheraj (55yo)

    Deputy Chairman

    • Tenure: 2.7yrs
    • Compensation: $357.00k
  • José Viñals Iñiguez (65yo)

    Group Chairman

    • Tenure: 2.7yrs
    • Compensation: $1.32m
  • Byron Grote (71yo)

    Independent Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: $160.00k
  • Mary Huen (64yo)

    Head of Retail Clients-Greater China Region

  • Andy Halford (60yo)

    Group CFO & Director

    • Tenure: 5.1yrs
    • Compensation: $3.65m
  • Christine Hodgson (55yo)

    Senior Independent Director

    • Tenure: 1.5yrs
    • Compensation: $304.00k
  • David Conner (71yo)

    Independent Non-Executive Director

    • Tenure: 3.6yrs
    • Compensation: $266.00k
  • Louis Cheung (56yo)

    Independent Non-Executive Director

    • Tenure: 6.6yrs
    • Compensation: $135.00k

Company Information

Standard Chartered PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Standard Chartered PLC
  • Ticker: SCBF.F
  • Exchange: OTCPK
  • Founded: 1853
  • Industry: diversified banks
  • Sector: banks
  • Market Cap: UK£19.672b
  • Listing Market Cap: UK£23.895b
  • Shares outstanding: 3.21b
  • Website: Click here

Number of Employees


Location

  • Standard Chartered PLC
  • 1 Basinghall Avenue
  • London
  • Greater London
  • EC2V 5DD
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STANLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMay 1994
2888SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 1994
2888SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 1994
SCBF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 1994
2888SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 1994
STDDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1994
STANLSE (London Stock Exchange)YesOrdinary SharesGBGBPMay 1994
58GZLSE (London Stock Exchange)6.409%-FRN PERP USD 'REGS'GBUSDMar 2009
STDKDB (Deutsche Boerse AG)6.409%-FRN PERP USD 'REGS'DEUSDMar 2009
37ZLLSE (London Stock Exchange)ADS EACH REPR 1 NON-CUM RED PRF SH'REGS'GBUSDJun 2007
580001BSE (Mumbai Stock Exchange)IDR EACH REPR 0.10 SHAREININRJun 2010

Biography

Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East. The company operates through Corporate & Institutiona ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:55
End of Day Share Price2019/08/16 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.