Company Analysis China Merchants Bank Co., Ltd.
1. Summary
Advantages
- Dividends (12.59%) are higher than the sector average (6.1%).
- The stock's return over the last year (63.91%) is higher than the sector average (21.02%).
- Current debt level 7.79% is below 100% and has decreased over 5 years from 13.45%.
- The company's current efficiency (ROE=14.5%) is higher than the sector average (ROE=7.98%)
Disadvantages
- Price (41.55 HK$) is higher than fair price (34.96 HK$)
Similar companies
2. Share price and performance
2.1. Share price
2.2. News
2.3. Market efficiency
| China Merchants Bank Co., Ltd. | Financials | Index | |
|---|---|---|---|
| 7 days | 8.6% | 2% | 2.5% |
| 90 days | 4.8% | -9.3% | -2.6% |
| 1 year | 63.9% | 21% | 26.2% |
3968 vs Sector: China Merchants Bank Co., Ltd. has outperformed the "Financials" sector by 42.89% over the past year.
3968 vs Market: China Merchants Bank Co., Ltd. has outperformed the market by 37.7% over the past year.
Stable price: 3968 is not significantly more volatile than the rest of the market on "Hong Kong Exchanges" over the last 3 months, with typical variations of +/- 5% per week.
Long period: 3968 with weekly volatility of 1.23% over the past year.
3. Summary of the report
4. Fundamental Analysis
4.1. Stock price and price forecast
Above fair price: The current price (41.55 HK$) is higher than the fair price (34.96 HK$).
Price is higher than fair: The current price (41.55 HK$) is 15.9% higher than the fair price.
4.2. P/E
P/E vs Sector: The company's P/E (4.05) is lower than that of the sector as a whole (15.14).
P/E vs Market: The company's P/E (4.05) is lower than that of the market as a whole (26.69).
4.2.1 P/E Similar companies
4.3. P/BV
P/BV vs Sector: The company's P/BV (0.5475) is lower than that of the sector as a whole (0.5975).
P/BV vs Market: The company's P/BV (0.5475) is higher than that of the market as a whole (-11.94).
4.3.1 P/BV Similar companies
4.4. P/S
P/S vs Sector: The company's P/S indicator (1.77) is lower than that of the sector as a whole (2.19).
P/S vs Market: The company's P/S indicator (1.77) is lower than that of the market as a whole (2.77).
4.4.1 P/S Similar companies
4.5. EV/Ebitda
EV/Ebitda vs Sector: The company's EV/Ebitda (0) is lower than that of the sector as a whole (33.89).
EV/Ebitda vs Market: The company's EV/Ebitda (0) is lower than that of the market as a whole (9.94).
5. Profitability
5.1. Profitability and revenue
5.2. Earnings per share - EPS
5.3. Past profitability Net Income
Yield Trend: Rising and has grown by 10.12% over the last 5 years.
Earnings Slowdown: The last year's return (0%) is below the 5-year average return (10.12%).
Profitability vs Sector: The return for the last year (0%) is lower than the return for the sector (0%).
5.4. ROE
ROE vs Sector: The company's ROE (14.5%) is higher than that of the sector as a whole (7.98%).
ROE vs Market: The company's ROE (14.5%) is higher than that of the market as a whole (6.3%).
5.5. ROA
ROA vs Sector: The company's ROA (1.39%) is higher than that of the sector as a whole (1.14%).
ROA vs Market: The company's ROA (1.39%) is lower than that of the market as a whole (3.39%).
5.6. ROIC
ROIC vs Sector: The company's ROIC (0%) is lower than that of the sector as a whole (0%).
ROIC vs Market: The company's ROIC (0%) is lower than that of the market as a whole (0%).
7. Dividends
7.1. Dividend yield vs Market
High yield: The dividend yield of the company 12.59% is higher than the average for the sector '6.1%.
7.2. Stability and increase in payments
Dividend stability: The company's dividend yield 12.59% has been steadily paid over the past 7 years, DSI=1.
Dividend growth: Company's dividend yield 12.59% has been growing over the last 5 years. Growth over 7 years.
7.3. Payout percentage
Dividend Coverage: Current payments from income (40.53%) are at a comfortable level.
Pay for your subscription
More functionality and data for company and portfolio analysis is available by subscription
