The price/operating cash flow metric for Icici Bank Ltd is higher than only 1.08% of stocks in our set with a positive cash flow.
Of note is the ratio of Icici Bank Ltd's sales and general administrative expense to its total operating expenses; merely 0.32% of US stocks have a lower such ratio.
Icici Bank Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -83.44%, greater than the shareholder yield of just 5.03% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Icici Bank Ltd are SCCO, EXC, E, KMI, and ES.
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. Our DCF model suggests the stock is undervalued by 32586.33%; returns of such proportions should be viewed with some skepticism, though. In terms of the factors that were most noteworthy in this DCF analysis for IBN, they are:
In the past 4 years, Icici Bank Ltd has a compound free cash flow growth rate of 0.36%; that's better than 83.79% of cash flow producing equities in the Financial Services sector, where it is classified.
Icici Bank Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Icici Bank Ltd? See CGBD, COHN, IMH, CUII, and QIWI.
Interest rates on small savings schemes have been kept unchanged for yet another quarter (that is for the quarter ending December 30, 2020). With this, the difference in interest rates between small savings schemes and bank fixed deposits has increased, i.e., the interest rate differential between the two has widened. The interest rate differential is now in the range of 0.60 and 0.40 per cent.Even though the government slashed interest rates on post office schemes like the PPF and post office time deposits by up to 140 basis points (bps) two quarters ago (i.e., in April 2020), it has maintained status quo on rates for the past two quarters. On the other hand, banks have been relentlessly cutting FD rates for more than a year now because the Reserve Bank of India (RBI) has cut the repo ...
Close on the heels of SBI's festive offering, ICICI Bank on Wednesday launched festive bonanza offering cashbacks and discounts on basic and luxury goods from top brands as well as e-commerce portals. Under the offer, retail and business customers will