Date: 7/5/2018
Basic Information | |
Company | Global IME Bank Limited |
Ticker | GBIME |
Price | 290 |
52-Week Range | 275-410 |
Listed Shares | 88,883,757.00 |
Market Capitalization | 25,776,289,530.00 |
Comment: Global IME Bank Limited is trading near the 52 weeks low.
QUARTER-3 OF FY 2017/18
Business | |
Sector | Commercial Bank |
Market Share: | |
Deposits | 4.85% |
Loans | 4.74% |
Growth: | |
Deposits | 19.53% |
Loans | 21.79% |
Comment: As per third quarter report of FY 2017/18, Global IME Bank Limited has the 5th highest deposit collection as well as 5th highest loans & advances. In terms of growth, Global IME Bank had the 10th highest growth in deposits as well as in loans and advances.
Key Metrics | GBIME | Industry Avg. | Performance |
Ann. EPS | 21.67 | 20.53 | Better |
Gross profit margin | 31.71% | 37.45% | Worse |
Operating profit margin | 22.05% | 26.13% | Worse |
Net profit margin | 17.52% | 20.20% | Worse |
Non Performing Loan (NPL) to Total Loan | 1.29% | 1.47% | Better |
Cost of Funds | 8.22% | 7.13% | Worse |
Base Rate | 11.68% | 10.60% | Worse |
Return on Equity (Annualized) | 16.72% | 12.99% | Better |
Return on Assets (Annualized) | 1.71% | 1.65% | Better |
Comment: Global IME Bank has the 10th highest earnings per share. It has capital adequacy ratio of 11.72 %. Its total loan provision is 149%. Overall, its key metrics are below industry average.
Valuation | GBIME | Industry Avg. |
P/E | 13.57 | 17.12 |
P/B | 2.05 | 2.21 |
Comment: Comparing to industry average, GBIME is under-valued.
Growth trend for last six years’ quarter-3 report
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