IBN:NYE-ICICI Bank Limited (USD)

EQUITY | Banks - Regional | New York Stock Exchange

Last Closing

USD 25.97

Change

+0.07 (+0.27)%

Market Cap

USD 22.33B

Volume

5.78M

Analyst Target

USD 13.95
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

ICICI Bank Ltd is a banking company. The Company is engaged in providing banking and financial services including retail banking, corporate banking and treasury operations.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Banks - Regional

Symbol Name Price(Change) Market Cap
HDB HDFC Bank Limited ADR

+0.01 (+0.02%)

USD 149.53B
USB-PH U.S. Bancorp

+0.04 (+0.20%)

USD 88.51B
USB-PP U.S. Bancorp

-0.01 (-0.04%)

USD 77.18B
USB U.S. Bancorp

+0.13 (+0.32%)

USD 67.05B
PNC PNC Financial Services Group I..

-0.19 (-0.12%)

USD 62.61B
ITUB Itau Unibanco Banco Holding SA

+0.19 (+3.11%)

USD 59.30B
NU Nu Holdings Ltd

+0.18 (+1.66%)

USD 49.95B
MFG Mizuho Financial Group Inc.

-0.04 (-1.03%)

USD 49.30B
TFC Truist Financial Corp

+0.20 (+0.53%)

USD 49.11B
LYG Lloyds Banking Group PLC ADR

+0.09 (+3.57%)

USD 42.19B

ETFs Containing IBN

NDIA Global X India Active ETF 7.60 % 0.00 %

+0.06 (+1.54%)

USD 0.01B
IDVO Amplify International Enh.. 3.91 % 0.00 %

+0.21 (+1.54%)

USD 0.10B
NSI National Security Emergin.. 2.16 % 0.00 %

+0.40 (+1.54%)

USD 4.46M
DFAE Dimensional Emerging Core.. 0.61 % 0.00 %

+0.25 (+1.54%)

USD 3.63B
DFEM Dimensional ETF Trust - D.. 0.54 % 0.00 %

+0.23 (+1.54%)

USD 3.44B
ADRE 0.00 % 0.20 %

N/A

N/A
BICK 0.00 % 0.64 %

N/A

N/A
BKF iShares MSCI BIC ETF 0.00 % 0.67 %

+0.45 (+1.54%)

USD 0.07B
GMF SPDR® S&P Emerging Asia .. 0.00 % 0.49 %

+0.95 (+1.54%)

USD 0.34B
EMXC iShares MSCI Emerging Mar.. 0.00 % 0.41 %

+0.41 (+1.54%)

USD 12.49B
PPEM PortfolioPlus Emerging Ma.. 0.00 % 0.00 %

+0.19 (+1.54%)

USD 0.02B
NFTY First Trust India NIFTY 5.. 0.00 % 0.80 %

-0.20 (1.54%)

USD 0.17B
DMRE 0.00 % 0.00 %

N/A

N/A
XCEM Columbia EM Core ex-China.. 0.00 % 0.35 %

+0.24 (+1.54%)

USD 0.95B
SPEM SPDR® Portfolio Emerging.. 0.00 % 0.12 %

+0.42 (+1.54%)

USD 8.44B
INDF Exchange Traded Concepts .. 0.00 % 0.00 %

-0.05 (1.54%)

USD 7.90M
MEM MAYBANK EMERGING ETF 0.00 % 0.00 %

+0.33 (+1.54%)

USD 0.06B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Regional) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.93% 79% B- 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.93% 73% C 71% C-
Trailing 12 Months  
Capital Gain 23.37% 76% C+ 73% C
Dividend Return 0.93% 4% F 10% F
Total Return 24.30% 71% C- 70% C-
Trailing 5 Years  
Capital Gain 126.61% 98% N/A 89% A-
Dividend Return 3.53% 6% D- 11% F
Total Return 130.15% 98% N/A 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 20.59% 91% A- 86% B+
Dividend Return 21.01% 89% A- 84% B
Total Return 0.42% 6% D- 11% F
Risk Return Profile  
Volatility (Standard Deviation) 34.55% 35% F 31% F
Risk Adjusted Return 60.81% 96% N/A 87% B+
Market Capitalization 22.33B 99% N/A 98% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Regional) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 16.70 13% 46%
Price/Book Ratio 3.16 4% 27%
Price / Cash Flow Ratio 0.16 85% 81%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 19.08% 96% 80%
Return on Invested Capital 18.69% 88% 84%
Return on Assets 2.16% 95% 46%
Debt to Equity Ratio 103.85% 20% 33%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector