CANBK:NSE-Canara Bank (INR)

COMMON STOCK | Banks-Regional | NSE

Last Closing Price

INR 215.60

Change

0.00 (0.00)%

Market Cap

INR 391.13B

Volume

0.01B

Avg Analyst Target

N/A

Avg User Target

INR
Average Analyst Rating

N/A

Fundamental Analysis

Verdict


Canara Bank (CANBK) Stock Analysis:
Based on the Canara Bank stock forecasts from 0 analysts, the average analyst target price for Canara Bank is not available over the next 12 months. Canara Bank’s average analyst rating is not available. Stock Target Advisor’s own stock analysis of Canara Bank is Slightly Bearish, which is based on 4 positive signals and 6 negative signals. At the last closing, Canara Bank’s stock price was INR 215.60. Canara Bank’s stock price has changed by -12.05% over the past week, +15.10% over the past month and +61.86% over the last year.

About

Canara Bank provides various banking products and services in India and internationally. It offers personal banking services, such as savings and deposits comprising savings accounts, current accounts, recurring deposits, fixed deposits, unclaimed deposits, deposit schemes for se ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-23 )

Largest Industry Peers for Banks-Regional

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HDFCBANK:NSE HDFC Bank Limited

N/A

INR8,433.76B 23.48 N/A
ICICIBANK:NSE ICICI Bank Limited

N/A

INR5,628.59B 26.94 N/A
SBIN:NSE State Bank of India

N/A

INR4,486.40B 15.66 N/A
KOTAKBANK:NSE Kotak Mahindra Bank Limited

N/A

INR3,763.46B 37.83 N/A
AXISBANK:NSE Axis Bank Limited

N/A

INR2,186.07B 21.90 N/A
INDUSINDBK:NSE IndusInd Bank Limited

N/A

INR661.56B 16.75 N/A
IDBI:NSE IDBI Bank Limited

N/A

INR523.64B 21.59 N/A
BANDHANBNK:NSE Bandhan Bank Limited

N/A

INR489.02B 23.11 N/A
BANKBARODA:NSE Bank of Baroda

N/A

INR479.39B 12.00 N/A
PNB:NSE Punjab National Bank

N/A

INR427.23B 10.87 N/A

ETFs Containing CANBK

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Regional)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.83% 76% C 67% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 7.83% 76% C 67% D+
Trailing 12 Months  
Capital Gain 61.86% 91% A- 54% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 61.86% 91% A- 53% F
Trailing 5 Years  
Capital Gain -22.39% 72% C- 28% F
Dividend Return 0.36% 6% F 3% F
Total Return -22.03% 72% C- 27% F
Average Annual (5 Year Horizon)  
Capital Gain -5.44% 50% F 17% F
Dividend Return 0.04% 10% F 1% F
Total Return -5.40% 50% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 48.13% 24% F 58% F
Risk Adjusted Return -11.22% 50% F 17% F
Market Capitalization 391.13B 69% D+ 93% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Regional)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.80 88% B+ 85% B
Price/Book Ratio 0.60 71% C- 88% B+
Price / Cash Flow Ratio 0.66 71% C- 79% C+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 6.92% 56% F 39% F
Return on Invested Capital -1.20% 56% F 20% F
Return on Assets 0.37% 41% F 25% F
Debt to Equity Ratio 80.14% 47% F 17% F
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 1.07 42% F 33% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning 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.

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 Revenue Growth

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

Below median total returns

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

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

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.