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ICICI BANK
Intrinsic Value | Fundamental Analysis

BOM : 532174     NSE : ICICIBANK    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Bad [Stock is Expensive]
NPA (Non Performing Assets) : Average
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Upward
Price Momentum : Mild Upward
Pledged Shares : None or < 25%
Apr 24,2024
Price(EOD): ₹ 1,096.85
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Bank - Private
MCap: ₹ 770,515.19 Cr
Value of ₹ 1 Lac invested in ICICI BANK
on Apr 24,2019 (price: ₹ 401.05)

₹ 1 L

₹ 2.73 L

1W : NA 1M : 2.2% 1Y : 27.9%
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Industry Peers & Returns1W1M1Y
ICICI BANK NA 2.2% 27.9%
HDFC BANK -1.5% 0.4% -8.6%
KOTAK MAHINDRA BANK 0.4% 1.8% 3.9%
AXIS BANK -0.8% -5.2% 20.9%
INDUSIND BANK 5.9% 2.6% 47.7%
IDBI BANK -0.3% -11.8% 73.6%
YES BANK 2.5% -10.3% 56.4%
IDFC FIRST BANK 1.4% -6.2% 40.1%
AU SMALL FINANCE BANK 0.5% -6.2% -2.7%

FUNDAMENTAL ANALYSIS OF ICICI BANK

 
Fundamentals Score
[ Q(TTM): Dec2023, 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 💡 ICICIBANK is one of the top 35% companies with good fundamentals ! Discover More →

VALUATION OF ICICI BANK

 
Valuation Score
[As on : Apr 24,2024 ]

Ratio Consolidated
P/E
P/B
P/S
17.91
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 43,019.20 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

3.6
P/B Calculated based on Book Value of Rs 213,737.00 Cr
[Latest Year - Mar2023 - Consolidated Results ]

5.09
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 151,348.00 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

Financial Ratios →

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FAIR VALUE OF ICICI BANK

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
NA
86%
269%

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SHARE PRICE MOMENTUM OF ICICI BANK



ICICI BANK vs SENSEX


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NPA

Year Net NPA/Advances ratio
Consolidated
2023
2022
2021
Avg_3yrs
0.51
0.81
1.24
0.85

PLEDGED PROMOTER SHARES OF ICICI 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 ICICI BANK

Consolidated Q-o-Q Y-o-Y
Net Interest Income
Op Profit
Profit Before Tax
Profit After Tax
4.95%
4.45%
2.14%
2.18%
29.24%
12.47%
26.86%
25.95%
QtrlyTrend
8
Latest Qtr: Dec2023
Quarterly Result Analysis →


ICICI BANK related INDICES

BSE Indices1W1M1Y
S&P BSE FINANCE 1.8% 5.2% 22.1%
S&P BSE ALLCAP 1.6% 6% 40.6%
S&P BSE BANKEX 1.6% 3.7% 14.2%
S&P BSE DIVERSIFIED FINL. REV. 1.5% 6.3% 29.8%
BSE PVT BANK 1.4% 4.3% 9.8%
NSE Indices1W1M1Y
NIFTY500 MULTICAP 50:25:25 1.8% 7.7% 48.1%
NIFTY SERV SECTOR 1.7% 2.6% 21.9%
NIFTY FINANCE 1.6% 4.1% 14.3%
NIFTY FINANCIAL SERVICES 25_50 1.5% 4.2% 27.9%
NIFTY 500 1.5% 5.7% 39.5%

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FAQ about ICICI BANK


Is ICICI BANK good for long term investment?

As on Apr 24,2024, the Fundamentals of ICICI BANK look Strong and hence it may be good for long term investment! See Financial Performance of ICICI 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 ICICI BANK UnderValued or OverValued?

As on Apr 24,2024, ICICI 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 ICICI BANK ?

As on Apr 24,2024, the Intrinsic Value of ICICI BANK is Rs. 444.32 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. -80.76
Fair Value [Median EV / Sales Model] : Rs. 591.22
Fair Value [Median Price / Sales Model] : Rs. 297.42
Estimated Median Fair Value of ICICI BANK : Rs. 444.32

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 ICICI BANK trading at a Premium or Discount?

As on Apr 24,2024, ICICI BANK is trading at a Premium of 147% based on the estimates of Median Intrinsic Value!