Kasikornbank Public Co (KPCPY) AI Stock Analysis

• Market Cap: $14.17B
• Dividend Yield: 5.29%
• Average Volume (3M): 4.36K
• Price to Earnings (P/E): 9.3
• Beta (1Y): 0.20
• Revenue Growth: -6.81%
• EPS Growth: 12.40%
• Country: US
• Employees: 11,219
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.54
• Shares Outstanding: 592,331,900
• 10 Day Avg. Volume: 157
• 30 Day Avg. Volume: 4,360
• PEG Ratio: 0.49
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 1.51
• P/FCF Ratio: 5.19
• Enterprise Value/Market Cap: 46.48
• Enterprise Value/Revenue: 2.83
• Enterprise Value/Gross Profit: 3.92
• Enterprise Value/Ebitda: 8.47
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $27.00 ▲(9.40% Upside)

Kasikornbank's stock score is primarily driven by its strong financial performance and attractive valuation. The company's solid profitability and cash generation capabilities are key strengths, although declining revenue growth and rising debt levels are concerns. The technical analysis indicates bullish momentum, but caution is advised due to overbought signals. The stock's low P/E ratio and high dividend yield further enhance its attractiveness.

Positive Factors

Cash Generation

Strong cash generation provides Kasikornbank with the flexibility to invest in growth opportunities and maintain financial stability, supporting long-term operations.

Profitability

Solid profitability indicates effective cost management and pricing strategies, ensuring sustainable earnings and competitive positioning in the banking sector.

Balance Sheet Health

A stable balance sheet with manageable leverage supports financial resilience and the ability to withstand economic fluctuations, ensuring long-term viability.

Negative Factors

Declining Revenue Growth

Declining revenue growth may limit the bank's ability to expand its market share and invest in new initiatives, potentially impacting future profitability.

Rising Debt Levels

Rising debt levels can strain financial resources, limiting the bank's capacity to invest in growth and potentially increasing vulnerability to economic downturns.

Low Operating Cash Flow

Low operating cash flow conversion may indicate inefficiencies in cash management, affecting liquidity and the ability to fund operations and growth initiatives.

Kasikornbank Public Co Business Overview & Revenue Model

Company Description

Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services in Thailand and internationally. The company's personal banking products and services include savings, current, fixed deposit, and foreign currency accounts; personal, home, and auto loans; debit and credit cards; life and non-life insurance products; investment products, such as mutual funds, stocks, and derivatives/futures exchange; money transfer and bill payment, cheque and draft, and foreign exchange services; and digital banking services. It also offers various products and services for small and medium enterprises, including savings, current, and fixed deposits; working capital, commercial, and special loans, as well as letters of guarantee; collection and payment services; life, non-life, and group insurance products; and import, export, and money transfer services. In addition, the company provides various products and services for corporate customers, such as cash management solutions, including current, savings, special savings deposit, and fixed deposit accounts, as well as collection, payment, liquidity management, and electronic service solutions; international trade solutions comprising import and export, global money transfer, guarantee, and trade finance solutions; working capital loans, term loans, special loans, and letters of guarantee; supply chain financing; life, non-life, and group insurance products; and foreign exchange and derivatives, corporate finance, securities, investment, and business card services. Further, it offers auto and equipment leasing, and venture capital management services. The company operates 839 branches. Kasikornbank Public Company Limited was founded in 1945 and is headquartered in Bangkok, Thailand.

How the Company Makes Money

Kasikornbank generates revenue primarily through interest income from loans, which constitutes a significant portion of its earnings. The bank provides various types of loans, including personal, home, and business loans, and earns interest on these loans over time. Additionally, the bank earns non-interest income through fees and commissions related to its financial services, such as account maintenance fees, transaction fees, and fees for investment services. Moreover, Kasikornbank engages in wealth management and investment banking activities, which also contribute to its revenue streams. Strategic partnerships with fintech companies and other financial institutions enhance its service offerings and customer reach, further bolstering its earnings potential.

Kasikornbank Public Co Financial Statement Overview

Summary

Kasikornbank demonstrates solid profitability and cash generation capabilities. While the income statement shows strong margins, the declining revenue growth is a concern. The balance sheet is stable with manageable leverage, but rising debt levels need attention. Cash flow performance is robust, with significant free cash flow growth, enhancing financial flexibility.

Income Statement

Kasikornbank's income statement shows a mixed performance. The TTM gross profit margin is strong, indicating efficient cost management. However, the revenue growth rate is negative, suggesting a decline in sales. The net profit margin remains stable, reflecting consistent profitability. EBIT and EBITDA margins are healthy, but the declining revenue growth is a concern.

Balance Sheet

The balance sheet is stable with a moderate debt-to-equity ratio, indicating manageable leverage. The return on equity is decent, showing effective use of equity to generate profits. The equity ratio suggests a solid capital structure, but the increasing debt levels over time could pose a risk if not managed carefully.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate, indicating improved cash generation. The operating cash flow to net income ratio is low, suggesting potential issues in converting income into cash. However, the free cash flow to net income ratio is healthy, reflecting good cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	232.52B	236.93B	227.52B	192.00B	179.13B	172.71B
Gross Profit	167.83B	162.02B	153.32B	127.50B	129.55B	116.84B
EBITDA	77.79B	72.41B	64.61B	55.17B	59.30B	50.08B
Net Income	49.78B	48.60B	42.41B	35.77B	38.05B	29.49B
Balance Sheet
Total Assets	4.44T	4.33T	4.28T	4.25T	4.10T	3.66T
Cash, Cash Equivalents and Short-Term Investments	1.15T	778.74B	676.58B	682.91B	770.31B	655.32B
Total Debt	253.02B	185.59B	199.69B	159.32B	217.08B	133.79B
Total Liabilities	3.76T	3.69T	3.69T	3.68T	3.57T	3.17T
Stockholders Equity	585.98B	563.35B	532.28B	503.27B	476.71B	439.67B
Cash Flow
Free Cash Flow	186.74B	68.78B	643.25M	-9.47B	236.32B	75.50B
Operating Cash Flow	194.86B	77.86B	9.54B	503.93M	241.75B	85.74B
Investing Cash Flow	-149.55B	-60.15B	-8.01B	25.78B	-251.22B	-70.59B
Financing Cash Flow	-33.99B	-20.29B	-9.90B	-29.13B	7.48B	-14.57B

Kasikornbank Public Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 24.68
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KPCPY, the sentiment is Positive. The current price of 24.68 is above the 20-day moving average (MA) of 24.33, above the 50-day MA of 24.25, and above the 200-day MA of 21.17, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 45.59 is Neutral, neither overbought nor oversold. The STOCH value of 9.83 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KPCPY.

Kasikornbank Public Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KPCPY	72 Outperform	$14.17B	9.27	9.09%	5.29%	-6.81%	12.40%
BSAC	72 Outperform	$16.96B	15.67	24.13%	4.29%	12.43%	56.30%
BCH	71 Outperform	$23.22B	18.67	20.74%	5.56%	-11.64%	-8.75%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SHG	65 Neutral	$29.27B	8.94	8.58%	2.86%	-4.88%	4.84%
BSBR	64 Neutral	$25.03B	24.42	9.34%	4.98%	1.13%	-11.93%
WF	62 Neutral	$15.99B	7.27	9.61%	3.71%	-2.90%	16.10%