CANBK:NSE-Canara Bank (INR)

COMMON STOCK | Banks-Regional | NSE

Last Closing Price

INR 135.75

Change

-1.60 (-1.16)%

Market Cap

INR 226.09B

Volume

0.02B

Average Target Price

INR 152.50 (+12.34%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

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 senior citizens, re-investment plans, and others; loan products, such as housing, home improvement, vehicle, site, teachers, gold, mortgage, housing-cum-solar, consumer, and other loans; life, general, and health insurance products; consultancy services, which cover personal tax assistance and investment counselling, estate and wills services, private and charitable trustee services, debenture and security trusteeship, and attorneyship; foreign exchange and international banking services; mutual funds; and safe deposit lockers, depository, safe custody, and card services. The company also provides corporate banking products and services, including accounts and deposits, such as current, fixed, and recurring deposits; supply chain finance management; loans and advances comprising working capital finance, term loans, infrastructure financing, and export finance; syndication services; IPO monitoring services; and merchant and commercial banking, escrow bankers/ASBA, underwriting, and investments services. In addition, it offers NRI banking products and services, such as remittance facilities; loans and advances, such as home, home improvement, vehicle, rent, mortgage, and site loans; and investment and online trading facilities. As of March 31, 2020, the company operated 6,329 branches, including 291 specialized branches and 5 overseas branches and 8,850 ATMs. Canara Bank was founded in 1906 and is headquartered in Bengaluru, India.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-15 )

Largest Industry Peers for Banks-Regional

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

+29.75 (+2.12%)

INR7,719.82B 25.15 N/A
ICICIBANK:NSE ICICI Bank Limited

+14.60 (+2.60%)

INR3,870.56B 25.54 N/A
KOTAKBANK:NSE Kotak Mahindra Bank Limited

-2.60 (-0.15%)

INR3,521.34B 37.48 N/A
SBIN:NSE State Bank of India

+1.70 (+0.50%)

INR3,043.29B 13.12 N/A
AXISBANK:NSE Axis Bank Limited

+7.85 (+1.19%)

INR2,024.37B 64.48 N/A
INDUSINDBK:NSE IndusInd Bank Limited

-19.05 (-2.17%)

INR678.56B 27.06 N/A
BANDHANBNK:NSE Bandhan Bank Limited

-5.70 (-1.72%)

INR532.39B 20.33 N/A
IDBI:NSE IDBI Bank Limited

-1.25 (-3.37%)

INR398.38B 36.76 N/A
PNB:NSE Punjab National Bank

-0.35 (-1.00%)

INR367.78B 29.58 N/A
YESBANK:NSE Yes Bank Limited

-0.15 (-1.02%)

INR367.05B 8.00 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 1.84% 45% F 51% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.84% 45% F 50% F
Trailing 12 Months  
Capital Gain 58.12% 45% F 42% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 58.12% 45% F 41% F
Trailing 5 Years  
Capital Gain -30.97% 46% F 34% F
Dividend Return 0.51% 11% F 3% F
Total Return -30.46% 43% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain -12.10% 42% F 22% F
Dividend Return 0.08% 17% F 5% F
Total Return -12.01% 39% F 21% F
Risk Return Profile  
Volatility (Standard Deviation) 37.66% 36% F 61% D-
Risk Adjusted Return -31.90% 45% F 21% F
Market Capitalization 226.09B 56% F 90% 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 11.45 77% C+ 69% D+
Price/Book Ratio 0.41 85% B 87% B+
Price / Cash Flow Ratio -0.72 41% F 82% B-
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -3.48% 15% F 23% F
Return on Invested Capital -0.63% 61% D- 24% F
Return on Assets -0.20% 26% F 27% F
Debt to Equity Ratio 103.78% 47% F 15% 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 1.19 35% F 37% 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 Rating

Target Price Action Rating Action Analyst Rating Price Date

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.

Underpriced compared to book value

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

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.

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.

Negative cashflow

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

Low Earnings Growth

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