Financials Kasikornbank

Equities

KBANK

TH0016010009

Banks

End-of-day quote Thailand S.E. 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
129 THB +1.98% Intraday chart for Kasikornbank +4.03% -4.44%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,61,382 2,67,734 3,36,445 3,49,476 3,19,859 3,05,643 - -
Enterprise Value (EV) 1 3,61,382 2,67,734 3,36,445 3,49,476 3,19,859 3,05,643 3,05,643 3,05,643
P/E ratio 9.33 x 9.1 x 9 x 9.98 x 7.68 x 6.82 x 6.29 x 5.99 x
Yield 3.31% 2.21% 2.29% 2.71% 4.81% 4.89% 5.2% 5.52%
Capitalization / Revenue 2.25 x 1.73 x 2.06 x 2.02 x 1.66 x 1.57 x 1.53 x 1.48 x
EV / Revenue 2.25 x 1.73 x 2.06 x 2.02 x 1.66 x 1.57 x 1.53 x 1.48 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.89 x 0.63 x 0.73 x 0.72 x 0.63 x 0.55 x 0.52 x 0.49 x
Nbr of stocks (in thousands) 23,93,260 23,69,328 23,69,328 23,69,328 23,69,328 23,69,328 - -
Reference price 2 151.0 113.0 142.0 147.5 135.0 129.0 129.0 129.0
Announcement Date 21/01/20 21/01/21 21/01/22 19/01/23 19/01/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,60,491 1,54,891 1,63,349 1,73,258 1,92,654 1,94,530 1,99,691 2,06,212
EBITDA - - - - - - - -
EBIT 1 87,762 84,895 92,305 98,505 1,07,685 1,06,982 1,09,552 1,11,240
Operating Margin 54.68% 54.81% 56.51% 56.85% 55.9% 55% 54.86% 53.94%
Earnings before Tax (EBT) 1 53,750 41,347 51,973 46,585 55,845 57,622 64,287 66,343
Net income 1 38,727 29,487 38,053 35,769 42,405 44,994 48,719 51,634
Net margin 24.13% 19.04% 23.3% 20.65% 22.01% 23.13% 24.4% 25.04%
EPS 2 16.18 12.42 15.77 14.78 17.58 18.90 20.51 21.55
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 5.000 2.500 3.250 4.000 6.500 6.304 6.706 7.118
Announcement Date 21/01/20 21/01/21 21/01/22 19/01/23 19/01/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - - 39,943 42,523 40,613 41,510 - 41,735 - - 46,574 48,070 94,644 47,115 50,895 50,152 49,323 48,704 48,067 49,947
EBITDA - - - - - - - - - - - - - - - - - - - -
EBIT 1 - - 22,978 22,045 23,223 23,441 - 23,484 28,358 - 26,781 27,223 - 27,294 26,387 29,439 - - - -
Operating Margin - - 57.53% 51.84% 57.18% 56.47% - 56.27% - - 57.5% 56.63% - 57.93% 51.85% 58.7% - - - -
Earnings before Tax (EBT) 1 - - 11,682 12,466 13,887 13,589 - 13,536 5,574 - 14,089 14,439 - 14,501 12,815 17,755 - - - -
Net income 1 9,550 19,521 8,631 9,901 11,211 10,794 - 10,574 3,191 - 10,741 10,994 21,735 11,282 9,388 13,486 10,406 - - -
Net margin - - 21.61% 23.28% 27.6% 26% - 25.34% - - 23.06% 22.87% 22.97% 23.95% 18.45% 26.89% 21.1% - - -
EPS 2 4.020 8.100 3.490 4.180 4.580 4.560 9.140 4.290 1.350 - 4.380 4.640 9.020 4.600 3.960 5.530 5.300 5.580 4.850 -
Dividend per Share 2 - - - - - - - - 3.500 3.500 - - - - 6.000 - - - 7.500 -
Announcement Date 20/07/20 21/07/21 21/10/21 21/01/22 21/04/22 21/07/22 21/07/22 21/10/22 19/01/23 19/01/23 21/04/23 21/07/23 21/07/23 20/10/23 19/01/24 22/04/24 - - - -
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.9% 7.1% 7.4% 7.38% 8.29% 8.27% 8.47% 8.32%
ROA (Net income/ Total Assets) 1.2% 0.85% 0.98% 0.86% 0.9% 1.03% 1.12% 1.11%
Assets 1 32,27,228 34,69,073 38,81,347 41,59,243 47,11,671 43,72,566 43,49,920 46,33,822
Book Value Per Share 2 170.0 179.0 195.0 206.0 213.0 237.0 249.0 264.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 21/01/20 21/01/21 21/01/22 19/01/23 19/01/24 - - -
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
129 THB
Average target price
144.1 THB
Spread / Average Target
+11.74%
Consensus
  1. Stock Market
  2. Equities
  3. KBANK Stock
  4. Financials Kasikornbank