Let’s discuss which commercial bank you think is best to accumulate at the moment. Or, which bank are you waiting eagerly to come to your price? Please put your analysis and logic why you choose that particular scrip.
View on r/NepalStock by AcadBuddy
I went through a list of commercial banks recently and particularly 2 of them got my attention. Let me put one for discussion. One amongst two is EBL.
EBL has a low paid-up compared to most of the commercial banks and has a strong reserve. NPL has increased in Q2 but has maintained below 1%. EPS is decent compared to peers. ROE is somewhere around 15%, and PB is currently at around 2.2 times. Net interest income and net profit have increased above 70 % QoQ basis. Current PE is around 17 times which is on the higher end among its peer. Debt to equity is the lowest among commercial banks and well below 1% which is impressive. Improved dividend this year compared to last few years.
I think LTP is trading at a 65% margin of safety from its intrinsic value. Might get on further discount looking into current market conditions but who knows? It’s my superficial analysis at the moment. Wants to know other’s views on it.
Anybody did a detailed analysis of EBL? Am I missing something on this? Love to hear.
With the information at hand, NICA!
NICA
Obv. NICA, their EPS is high right now, most likely distributable EPS is high too which I have not checked cause they didn’t give bonus for two years in a row
Obv. NICA, their EPS is high right now, most likely distributable EPS is high too which I have not checked cause they didn’t give bonus for two years in a row