CANBK:NSE-Canara Bank (INR)

COMMON STOCK | Banks-Regional | NSE

Last Closing Price

INR 225.05

Change

0.00 (0.00)%

Market Cap

INR 406.55B

Volume

8.50M

Avg Analyst Target

INR 288.00 (+27.97%)

Avg User Target

INR
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


CANBK Stock Forecast & Price:
Based on the Canara Bank stock forecasts from 2 analysts, the average analyst target price for Canara Bank is INR 288.00 over the next 12 months. Canara Bank’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Canara Bank is Slightly Bearish, which is based on 3 positive signals and 5 negative signals. At the last closing, Canara Bank’s stock price was INR 225.05. Canara Bank’s stock price has changed by -3.49% over the past week, +6.61% over the past month and +45.48% over the last year.

About Canara Bank (CANBK:NSE)

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: 2022-08-09 )

Largest Industry Peers for Banks-Regional

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

N/A

INR8,114.52B 21.04 N/A
ICICIBANK:NSE ICICI Bank Limited

N/A

INR5,824.16B 20.94 N/A
SBIN:NSE State Bank of India

N/A

INR4,739.41B 13.45 N/A
KOTAKBANK:NSE Kotak Mahindra Bank Limited

N/A

INR3,641.47B 28.00 N/A
AXISBANK:NSE Axis Bank Limited

N/A

INR2,289.96B 14.21 N/A
INDUSINDBK:NSE IndusInd Bank Limited

N/A

INR812.72B 15.00 N/A
BANKBARODA:NSE Bank of Baroda

N/A

INR610.74B 7.09 N/A
BANDHANBNK:NSE Bandhan Bank Limited

N/A

INR443.61B 69.20 N/A
IDBI:NSE IDBI Bank Limited

N/A

INR438.16B 16.63 N/A
YESBANK:NSE Yes Bank Limited

N/A

INR417.42B 35.43 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 12.55% 69% D+ 77% C+
Dividend Return 3.25% 69% D+ 90% A-
Total Return 15.80% 74% C 79% C+
Trailing 12 Months  
Capital Gain 47.28% 97% A+ 81% B-
Dividend Return 4.25% 90% A- 92% A-
Total Return 51.54% 97% A+ 82% B-
Trailing 5 Years  
Capital Gain -31.95% 60% D- 27% F
Dividend Return 1.97% 63% D 27% F
Total Return -29.98% 60% D- 26% F
Average Annual (5 Year Horizon)  
Capital Gain 2.98% 65% D 27% F
Dividend Return 0.15% 38% F 8% F
Total Return 3.13% 62% D- 26% F
Risk Return Profile  
Volatility (Standard Deviation) 51.14% 24% F 56% F
Risk Adjusted Return 6.12% 62% D- 26% F
Market Capitalization 406.55B 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 5.66 91% A- 89% B+
Price/Book Ratio 0.56 74% C 88% B+
Price / Cash Flow Ratio -0.55 23% F 75% C
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 10.43% 69% D+ 49% F
Return on Invested Capital -2.93% 15% F 15% F
Return on Assets 0.58% 43% F 25% F
Debt to Equity Ratio 66.16% 50% F 18% F
Technical Ratios  
Dividend Yield 2.94% 75% C 85% B
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 0.98 52% F 38% 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.

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:
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.

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.

Negative cashflow

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