Risk factor
Modest price volatility
Profitability factor
Undervalued vs peers
About
Kasikornbank Public Company Limited, together with its affiliated entities, functions as a full-service commercial bank, delivering an extensive array of financial products and services across Thailand and globally. For individual clients, the bank offers various deposit accounts such as savings, checking, time deposits, and foreign currency accounts. It also provides personal, home, and auto financing, alongside debit and credit card options. Customers can secure life and non-life insurance, invest in mutual funds, stocks, and derivatives, and utilize services like money transfers, bill payments, check processing, foreign exchange, and digital banking platforms. Small and medium-sized enterprises (SMEs) are supported with diverse deposit facilities, working capital, commercial, and specialized loans, as well as letters of guarantee. The bank facilitates collection and payment services, import/export transactions, and money transfers, complemented by life, non-life, and group insurance products. Corporate customers benefit from comprehensive cash management solutions, including various account types, collection, payment, and liquidity management, alongside electronic services. International trade is supported through import/export financing, global money transfers, guarantees, and specific trade finance options. Kasikornbank also extends working capital, term, and specialized loans, letters of guarantee, and supply chain financing. Additional corporate services include foreign exchange and derivatives, corporate finance advisory, securities, investment opportunities, and business card services, coupled with life, non-life, and group insurance coverage. Furthermore, the company provides auto and equipment leasing, and manages venture capital funds. Kasikornbank, established in 1945 and headquartered in Bangkok, Thailand, operates through a widespread network of 839 branches.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, undervalued on P/IBPT, underpriced on P/RI