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CANARA BANK
Intrinsic Value | Fundamental Analysis

BOM : 532483     NSE : CANBK    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Bad [Stock is Expensive]
NPA (Non Performing Assets) : High
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Upward
Price Momentum : Mild Upward
Pledged Shares : None or < 25%
May 22,2024
Price(EOD): ₹ 116.00
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Bank - Public
MCap: ₹ 105,220.12 Cr
Value of ₹ 1 Lac invested in CANARA BANK
on May 22,2019 (price: ₹ 51.64)

₹ 1 L

₹ 2.25 L

1W : 2% 1M : -3.3% 1Y : 97%
COMMUNITY POLL
for CANARA BANK
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CANARA BANKis part of below Screeners ↓
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CANARA BANK 2% -3.3% 97%
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INDIAN OVERSEAS BANK 8.5% 5.1% 172.7%
INDIAN BANK 4.9% 8.8% 100.6%
BANK OF INDIA 4.2% -10.2% 61.5%
UCO BANK 7.9% 2.7% 110.5%

FUNDAMENTAL ANALYSIS OF CANARA BANK

 
Fundamentals Score
[ Q(TTM): Mar2024, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]

Insights 💡 CANBK is one of the top 35% companies with good fundamentals ! Discover More →

VALUATION OF CANARA BANK

 
Valuation Score
[As on : May 22,2024 ]

Ratio Consolidated
P/E
P/B
P/S
7.12
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 14,782.40 Cr
[Latest Qtr - Mar2024 - Consolidated Results ]

1.27
P/B Calculated based on Book Value of Rs 83,014.70 Cr
[Latest Year - Mar2024 - Consolidated Results ]

0.95
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 110,519.00 Cr
[Latest Qtr - Mar2024 - Consolidated Results ]

Financial Ratios →

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FAIR VALUE OF CANARA BANK

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
NA
127%
601%

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SHARE PRICE MOMENTUM OF CANARA BANK



CANARA BANK vs SENSEX


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NPA

Year Net NPA/Advances ratio
Consolidated
2023
2022
2021
Avg_3yrs
1.73
2.65
3.82
2.73

PLEDGED PROMOTER SHARES OF CANARA BANK

Pledged Promoter Shares
0 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF CANARA BANK

Consolidated Q-o-Q Y-o-Y
Net Interest Income
Op Profit
Profit Before Tax
Profit After Tax
2.79%
7.76%
-0.97%
1.47%
20.5%
1.6%
17.29%
17.33%
QtrlyTrend
6
Latest Qtr: Mar2024
Quarterly Result Analysis →


CANARA BANK related INDICES

BSE Indices1W1M1Y
S&P BSE PSU 5.1% 11.7% 101.9%
S&P BSE MIDSMALLCAP 3.1% 6.7% 62.1%
S&P BSE MID CAP 3% 7.9% 64%
S&P BSE ENHANCED VALUE 3% 8.2% 93.4%
S&P BSE ALLCAP 2.4% 4.2% 38.5%
NSE Indices1W1M1Y
NIFTY 100 ALPHA 30 5.2% 9.4% 71.9%
NIFTY 500 VALUE 50 5% 8.9% 96.4%
NIFTY NEXT 50 4.1% 10.4% 67.4%
NIFTY 100 EQUAL WEIGHT 3% 6.6% 51.3%
NIFTY LARGE MIDCAP 250 2.7% 5.5% 44.4%

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FAQ about CANARA BANK


Is CANARA BANK good for long term investment?

As on May 22,2024, the Fundamentals of CANARA BANK look Strong and hence it may be good for long term investment! See Financial Performance of CANARA BANK. Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is CANARA BANK UnderValued or OverValued?

As on May 22,2024, CANARA BANK is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of CANARA BANK ?

As on May 22,2024, the Intrinsic Value of CANARA BANK is Rs. 33.88 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. -1.08
Fair Value [Median EV / Sales Model] : Rs. 51.21
Fair Value [Median Price / Sales Model] : Rs. 16.55
Estimated Median Fair Value of CANARA BANK : Rs. 33.88

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is CANARA BANK trading at a Premium or Discount?

As on May 22,2024, CANARA BANK is trading at a Premium of 242% based on the estimates of Median Intrinsic Value!