Financials Bank of Commerce

Equities

BNCOM

PHY1000E1002

Banks

End-of-day quote Philippines S.E. 03:30:00 17/05/2024 am IST 5-day change 1st Jan Change
7.4 PHP -1.20% Intraday chart for Bank of Commerce +11.78% +1.79%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 11,070 10,200
Enterprise Value (EV) 1 1,838 -1,569
P/E ratio 7.68 x 4.72 x
Yield - -
Capitalization / Revenue 1.39 x 1.03 x
EV / Revenue 0.23 x -0.16 x
EV / EBITDA - -
EV / FCF - -
FCF Yield - -
Price to Book 0.46 x 0.38 x
Nbr of stocks (in thousands) 14,03,014 14,03,014
Reference price 2 7.890 7.270
Announcement Date 15/03/23 19/03/24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,372 5,781 5,911 6,859 7,950 9,896
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 861.9 1,117 1,042 1,830 2,466 3,736
Net income 1 424.7 652.7 784.4 1,207 1,800 2,802
Net margin 9.71% 11.29% 13.27% 17.59% 22.64% 28.32%
EPS 2 0.3800 0.5800 0.7000 0.9310 1.028 1.540
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 26/03/19 02/03/20 05/04/21 06/04/22 15/03/23 19/03/24
1PHP in Million2PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 17,885 15,500 20,451 17,857 9,231 11,769
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 2.37% 4.13% 4.77% 6.01% 7.01% 9.52%
ROA (Net income/ Total Assets) 0.29% 0.44% 0.5% 0.65% 0.86% 1.25%
Assets 1 1,47,317 1,48,245 1,57,993 1,85,320 2,08,631 2,24,609
Book Value Per Share 2 16.10 14.30 14.90 17.10 17.00 19.00
Cash Flow per Share 2 10.80 5.870 8.620 6.340 5.430 4.770
Capex 1 179 207 98.2 157 182 466
Capex / Sales 4.1% 3.59% 1.66% 2.29% 2.29% 4.71%
Announcement Date 26/03/19 02/03/20 05/04/21 06/04/22 15/03/23 19/03/24
1PHP in Million2PHP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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