ICICI Bank Ltd. provides banking and financial services in India and internationally. The company was founded in 1955 and is based in Mumbai, India.
IBN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for IBN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Icici Bank Ltd ranked in the 98th percentile in terms of potential gain offered. As the table below shows, the model suggests the stock is dramatically undervalued -- investors should note, though, that such returns are always unlikely and not to be expected. As for the metrics that stood out in our discounted cash flow analysis of Icici Bank Ltd, consider:
The company has produced more trailing twelve month cash flow than 99.53% of its sector Financial Services.
Icici Bank Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Icici Bank Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 1.11. This coverage rate is greater than that of merely 24.85% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as IBN, try QIWI, GAIN, TPRE, JRVR, and ELVT.