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 MetricsGBIMEIndustry Avg.Performance
Ann. EPS21.6720.53Better
Gross profit margin31.71%37.45%Worse
Operating profit margin22.05%26.13%Worse
Net profit margin17.52%20.20%Worse
Non Performing Loan (NPL) to Total Loan1.29%1.47%Better
Cost of Funds8.22%7.13%Worse
Base Rate11.68%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.

 

ValuationGBIMEIndustry Avg.
P/E13.5717.12
P/B2.052.21

 

Comment: Comparing to industry average, GBIME is under-valued.

Growth trend for last six years’ quarter-3 report

Disclaimer

Any opinions, news, research, analysis, prices, or other information contained on this website or any other material provided by iCapital Pvt. Ltd. is provided as general market commentary and we cannot guarantee that the information is accurate or complete. These opinions, news, research, analysis, prices, or other information contained on this website also does not constitute investment advice or a solicitation to buy or sell any securities of any type and by viewing any material or using the information within this site you agree that this is general commentary material and you will not hold any person or entity responsible for loss or damages resulting from the content or general information provided here by iCapital, it's employees, directors or fellow members.

 

All investments are speculative in nature and involve substantial risk of loss.