TMBThanachart Bank Public Company Limited

$ 2.38 -1.65 %

Operating primarily in Thailand, TMBThanachart Bank Public Company Limited, together with its subsidiaries, provides a comprehensive array of commercial banking products and services. These offerings cater to a diverse clientele, encompassing individual customers, small and medium-sized enterprises (SMEs), and large corporate entities. The bank's operations are divided into two principal divisions: Commercial Banking and Retail Banking. Its product portfolio includes various deposit options, such as savings, current, basic, term, multi-currency, and foreign currency accounts, along with specialized corporate solutions like cash concentration and liquidity management accounts. Lending services encompass personal, home, auto, and credit card loans, alongside working capital, long-term, and unsecured credit facilities. TMBThanachart also delivers tailored financial assistance for SMEs through special funding programs, letters of guarantee, and supply chain finance solutions. Customers further benefit from debit, credit, and corporate card products. Beyond core banking, the institution offers a broad spectrum of financial services, including trade finance, foreign exchange, financial management, hire purchase, finance leasing, bancassurance, mutual funds, and asset management. Its expertise also extends to insurance brokerage, investment banking and advisory, import/export trading support, payment and collection services, liquidity management, capital market risk management, and various agency functions. Digital solutions are provided through wealth banking, mobile, and internet banking platforms. The bank's insurance offerings cover business and property protection, life, health, personal accident, motor, and travel policies. As of December 31, 2021, TMBThanachart Bank maintained an extensive operational network comprising 636 physical branches, complemented by 3,043 ATMs and 598 CDMs. Originally established in 1957 and headquartered in Bangkok, Thailand, the institution was formerly known as TMB Bank Public Company Limited, adopting its current name in May 2021.

CEO: Piti Tantakasem - https://www.ttbbank.com

Price objectif

-

Recommandation

-

DCF

$ 3.28

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TTB.BK vs S&P500

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Quick ratio

0.01

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

10.35

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.23

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

8.57 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

4.84 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

9.60

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.46

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.56

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

60.70 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
8 indicates good financial health
Altman score
-0.64 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.01 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.07 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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