Risk factor
Critical default risk
Profitability factor
Undervalued vs peers
About
The Shikoku Bank, Ltd. offers a comprehensive array of commercial banking products and services, catering to both individual consumers and corporate clients throughout Japan. Its diverse financial offerings include various deposit accounts, such as time deposits, property accumulation schemes, and foreign currency accounts. The bank provides a wide spectrum of lending solutions, encompassing guaranteed loans, residential mortgages, card-based financing, owner's loans, educational and automotive loans, specialized purpose loans, remodeling funds, pension-free loans, proxy and syndicated credit, and even support for demolishing vacant properties. Clients can also utilize loan simulation tools, factoring services, and a selection of payment instruments like prepaid, credit, and cash cards. Beyond core banking, The Shikoku Bank extends its services to include personal annuity, life, and pet insurance policies, alongside investment opportunities in government and privately placed bonds. For businesses, it delivers payroll administration, international remittance services, payment processing, trust management, management consulting, M&A intermediary support, business succession planning, financial and grant diagnostic services, and specialized farm banking. Additionally, the bank provides secure safe deposit boxes and convenient internet banking platforms. Established in 1878, the institution was initially known as Koichi Bank, Ltd. It rebranded to its current name, The Shikoku Bank, Ltd., in 1923. The company maintains its headquarters in Kochi, Japan.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E. Editor's note: P/CR is Price