Is ICICI Bank Stock a Good Investment?
ICICI Bank Investment Advice | IBN |
- Examine ICICI Bank's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ICICI Bank's leadership team and their track record. Good management can help ICICI Bank navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Banks space and any emerging trends that could impact ICICI Bank's business and its evolving consumer preferences.
- Compare ICICI Bank's performance and market position to its competitors. Analyze how ICICI Bank is positioned in terms of product offerings, innovation, and market share.
- Check if ICICI Bank pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ICICI Bank's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ICICI Bank Limited stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ICICI Bank Limited is a good investment.
Sell | Buy |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ICICI Bank Stock
Researching ICICI Bank's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 19.0% of the company shares are owned by institutional investors. The book value of ICICI Bank was currently reported as 397.44. The company last dividend was issued on the 12th of August 2024. ICICI Bank Limited had 11:10 split on the 19th of June 2017.
To determine if ICICI Bank is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ICICI Bank's research are outlined below:
| ICICI Bank Limited has high likelihood to experience some financial distress in the next 2 years | |
| Latest headline from finance.yahoo.com: ICICI Lombard and Arya.ai Set a New Standard in Insurance Automation |
ICICI Bank Quarterly Liabilities And Stockholders Equity |
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ICICI Bank uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ICICI Bank Limited. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ICICI Bank's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of January 2024 Upcoming Quarterly Report | View | |
| 26th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact ICICI Bank's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ICICI Bank's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-07-24 | 2021-06-30 | 0.2 | 0.18 | -0.02 | 10 | ||
2020-11-01 | 2020-09-30 | 0.17 | 0.19 | 0.02 | 11 | ||
2020-01-26 | 2019-12-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2019-01-30 | 2018-12-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2018-05-07 | 2018-03-31 | 0.08 | 0.06 | -0.02 | 25 | ||
2018-01-31 | 2017-12-31 | 0.07 | 0.09 | 0.02 | 28 | ||
2019-05-14 | 2019-03-31 | 0.08 | 0.05 | -0.03 | 37 | ||
2024-07-27 | 2024-06-30 | 0.34 | 0.39 | 0.05 | 14 |
Know ICICI Bank's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ICICI Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ICICI Bank Limited backward and forwards among themselves. ICICI Bank's institutional investor refers to the entity that pools money to purchase ICICI Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royal Bank Of Canada | 2024-06-30 | 12.5 M | Bank Of America Corp | 2024-06-30 | 12.4 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 11.9 M | Goldman Sachs Group Inc | 2024-06-30 | 10.5 M | Hsbc Holdings Plc | 2024-06-30 | 8.2 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 7.9 M | Ameriprise Financial Inc | 2024-06-30 | 7.7 M | State Street Corp | 2024-06-30 | 7.6 M | Lazard Asset Management Llc | 2024-06-30 | 7.2 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 113.4 M | Wcm Investment Management | 2024-09-30 | 63 M |
ICICI Bank's market capitalization trends
The company currently falls under 'Mega-Cap' category with a total capitalization of 108.82 B.Market Cap |
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ICICI Bank's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.07 | 0.05 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.17 | 0.18 |
Determining ICICI Bank's profitability involves analyzing its financial statements and using various financial metrics to determine if ICICI Bank is a good buy. For example, gross profit margin measures ICICI Bank's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ICICI Bank's profitability and make more informed investment decisions.
Evaluate ICICI Bank's management efficiency
ICICI Bank Limited has Return on Asset of 0.0216 % which means that on every $100 spent on assets, it made $0.0216 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1873 %, implying that it generated $0.1873 on every 100 dollars invested. ICICI Bank's management efficiency ratios could be used to measure how well ICICI Bank manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ICICI Bank's Return On Tangible Assets are very stable compared to the past year. As of the 30th of November 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.05. At this time, ICICI Bank's Return On Assets are very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 385.56 | 404.83 | |
| Tangible Book Value Per Share | 382.02 | 401.13 | |
| Enterprise Value Over EBITDA | 11.27 | 11.83 | |
| Price Book Value Ratio | 3.01 | 4.85 | |
| Enterprise Value Multiple | 11.27 | 11.83 | |
| Price Fair Value | 3.01 | 4.85 | |
| Enterprise Value | 7.8 T | 8.2 T |
ICICI Bank's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield 0.0078 | Forward Dividend Yield 0.0078 | Forward Dividend Rate 0.24 | Beta 0.829 |
Basic technical analysis of ICICI Stock
As of the 30th of November, ICICI Bank retains the semi deviation of 1.17, and Downside Deviation of 1.33. ICICI Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.ICICI Bank's Outstanding Corporate Bonds
ICICI Bank issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ICICI Bank Limited uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ICICI bonds can be classified according to their maturity, which is the date when ICICI Bank Limited has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand ICICI Bank's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ICICI Bank's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0548 | |||
| Market Risk Adjusted Performance | 0.1528 | |||
| Mean Deviation | 1.03 | |||
| Semi Deviation | 1.17 | |||
| Downside Deviation | 1.33 | |||
| Coefficient Of Variation | 1525.14 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.1 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.009 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1428 | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.49 | |||
| Downside Variance | 1.76 | |||
| Semi Variance | 1.37 | |||
| Expected Short fall | (1.19) | |||
| Skewness | 0.7146 | |||
| Kurtosis | 2.6 |
| Risk Adjusted Performance | 0.0548 | |||
| Market Risk Adjusted Performance | 0.1528 | |||
| Mean Deviation | 1.03 | |||
| Semi Deviation | 1.17 | |||
| Downside Deviation | 1.33 | |||
| Coefficient Of Variation | 1525.14 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.1 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.009 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1428 | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.49 | |||
| Downside Variance | 1.76 | |||
| Semi Variance | 1.37 | |||
| Expected Short fall | (1.19) | |||
| Skewness | 0.7146 | |||
| Kurtosis | 2.6 |
Consider ICICI Bank's intraday indicators
ICICI Bank intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ICICI Bank stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 31784.48 | |||
| Daily Balance Of Power | (1.19) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 30.56 | |||
| Day Typical Price | 30.55 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.32) | |||
| Relative Strength Index | 45.02 |
ICICI Bank Corporate Filings
6K | 29th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
ICICI Stock media impact
Far too much social signal, news, headlines, and media speculation about ICICI Bank that are available to investors today. That information is available publicly through ICICI media outlets and privately through word of mouth or via ICICI internal channels. However, regardless of the origin, that massive amount of ICICI data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ICICI Bank news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ICICI Bank relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ICICI Bank's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ICICI Bank alpha.
ICICI Bank Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ICICI Bank can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ICICI Bank Corporate Directors
| Neelam Dhawan | Additional Non-Executive Independent Director | Profile | |
| Subramanian Madhavan | Non-Executive Independent Director | Profile | |
| Rama Bijapurkar | Non-Executive Independent Director | Profile | |
| B Sriram | Non-Executive Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI Bank Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICICI Bank. If investors know ICICI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICICI Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.182 | Earnings Share 1.57 | Revenue Per Share 466.492 | Quarterly Revenue Growth 0.274 | Return On Assets 0.0216 |
The market value of ICICI Bank Limited is measured differently than its book value, which is the value of ICICI that is recorded on the company's balance sheet. Investors also form their own opinion of ICICI Bank's value that differs from its market value or its book value, called intrinsic value, which is ICICI Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICICI Bank's market value can be influenced by many factors that don't directly affect ICICI Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between ICICI Bank's value and its price, as these two are different measures arrived at by various means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.