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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of UCO Bank

About the Company - UCO Bank

UCO Bank is a Public Limited Listed company incorporated on 06/01/1943 and registered in the State of West Bengal, India. Company presently involved in the business activities of Banking Business.
INDUSTRYADDRESSCONTACT
Finance - Banks - Public Sector10, BTM Sarani, Kolkata West Bengal 700001hosgr.calcutta@ucobank.co.in
https://www.ucobank.com
Management
NamePosition Held
Mr. Soma Sankara PrasadManaging Director & CEO
Mr. Rajendra Kumar SabooExecutive Director
Dr. Sanjay KumarDirector
Mr. K Rajivan NairDirector
Mr. Rajesh KumarDirector
Mr. Anjan TalukdarDirector
Mr. Ravi Kumar AgrawalDirector
Mr. Subhash Shankar MailkDirector

UCO Bank Share Price Update

Share PriceValue
Today₹55.16
Previous Day₹60.56

Basic Stock Data of UCO Bank

Market Cap 71,628 Cr.
Current Price 59.9
High / Low70.7/22.2
Stock P/E41.9
Book Value 21.6
Dividend Yield0.00 %
ROCE4.75 %
ROE7.55 %
Face Value 10.0

Data Source: screener.in

Competitors of UCO Bank

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Union Bank of India 1,08,555 Cr. 146155/60.38.20 1152.08 %5.02 %11.4 % 10.0
State Bank of India (SBI) 6,89,828 Cr. 773777/5029.97 4021.47 %5.20 %16.8 % 1.00
Punjab National Bank 1,41,161 Cr. 128133/44.418.4 93.40.50 %4.10 %3.34 % 2.00
Bank of Baroda 1,41,023 Cr. 273281/1537.45 2032.00 %5.17 %15.1 % 2.00
Punjab & Sind Bank 45,886 Cr. 67.777.5/23.150.3 22.30.70 %5.26 %9.01 % 10.0
Industry Average10.8 Cr277.5418.86167.141.35%4.95%11.13%5

UCO Bank Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Revenue3,6033,5663,5703,7203,9193,7733,8514,1854,6274,9875,2245,2195,552
Interest2,1952,1542,1092,1222,1572,1202,2022,4152,6753,0153,2153,3023,564
Expenses2,1812,4702,1582,2181,6901,7571,4021,7661,7542,0252,2951,9242,072
Financing Profit-774-1,057-697-62173-1052484198-53-286-7-84
Financing Margin %-21%-30%-20%-17%2%-3%6%0%4%-1%-5%-0%-2%
Other Income8641,071857936719589-54780823960633647861
Depreciation0000000000000
Profit before tax91131593167924841937841,021907347640777
Tax %61%-495%36%35%61%36%36%36%36%36%36%37%35%
Net Profit3580102205310312124505653581223402503
EPS in Rs0.040.080.090.170.260.260.100.420.550.490.190.340.42
Gross NPA %9.80%9.59%9.37%8.98%8.00%7.89%7.42%6.58%5.63%4.78%4.48%4.14%3.85%
Net NPA %2.97%3.94%3.85%3.37%2.81%2.70%2.49%1.99%1.66%1.29%1.18%1.11%0.98%

UCO Bank Quarterly Chart

UCO Bank Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue14,63216,75218,23019,35918,56116,32614,02014,33115,13414,44614,98117,65120,982
Interest10,73012,17012,17113,79713,71312,50910,89510,01910,0428,9668,50810,30713,097
Expenses3,7184,8005,5465,84910,7686,7898,52112,75311,5398,8457,6586,7298,316
Financing Profit184-218513-286-5,920-2,972-5,396-8,441-6,446-3,365-1,185614-430
Financing Margin %1%-1%3%-1%-32%-18%-38%-59%-43%-23%-8%3%-2%
Other Income9669521,3212,0041,5962,1141,1211,5142,8713,4243,1012,5083,100
Depreciation78871101361371531521371371341652180
Profit before tax1,0716471,7241,582-4,460-1,011-4,427-7,065-3,713-751,7502,9052,670
Tax %-3%4%12%28%37%-83%-0%39%34%321%47%36%
Net Profit1,1096181,5111,138-2,799-1,851-4,436-4,321-2,4371679301,8621,709
EPS in Rs16.688.2114.8910.58-26.03-11.87-19.22-7.97-2.460.170.781.561.44
Dividend Payout %18%19%20%19%0%0%0%0%0%0%0%0%

UCO Bank Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-44.27%144.50%-24.69%-345.96%33.87%-139.65%2.59%43.60%106.85%456.89%100.22%
Change in YoY Net Profit Growth (%)0.00%188.77%-169.18%-321.27%379.83%-173.52%142.25%41.01%63.25%350.03%-356.67%

UCO Bank Growth

Compounded Sales Growth
10 Years:1%
5 Years:5%
3 Years:5%
TTM:28%
Compounded Profit Growth
10 Years:12%
5 Years:19%
3 Years:40%
TTM:7%
Stock Price CAGR
10 Years:-1%
5 Years:29%
3 Years:61%
1 Year:132%
Return on Equity
10 Years:-6%
5 Years:-4%
3 Years:4%
Last Year:8%

UCO Bank Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital6657531,0151,0761,0761,5602,3085,4239,9189,91811,95611,956
Reserves6,1267,10710,21211,47311,44611,19412,64911,9689,29112,68811,63813,809
Preference Capital1,8231,8230000000000
Borrowings166,905182,923220,252224,589224,359210,819194,299206,230208,898221,302237,581269,839
Other Liabilities6,8037,8687,6478,7798,0027,7676,8006,8637,8009,4286,6095,260
Total Liabilities180,498198,651239,125245,917244,883231,340216,056230,484235,908253,336267,784300,863
Fixed Assets8028791,0181,0662,8782,8432,8672,8142,8323,1513,2873,444
CWIP311434866888674865
Investments45,77252,24567,45264,22383,97474,01970,96282,23290,99993,78396,87495,169
Other Assets133,922145,517170,611180,580158,024154,471142,219145,430142,069156,335167,575202,184
Total Assets180,498198,651239,125245,917244,883231,340216,056230,484235,908253,336267,784300,863

UCO Bank Reserves and Borrowings Chart

UCO Bank Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -3,019-2,0903,5747,861-2,978-3,852-9,0824,190-10,6582,4224,3992,983
Cash from Investing Activity 55-50-135-151-52-217-2444-250106-214-267
Cash from Financing Activity -413880-771-553-5793,6095,7545,4504,2833,266-1,637-336
Net Cash Flow-3,377-1,2602,6687,157-3,610-459-3,3529,684-6,6265,7942,5482,380

UCO Bank Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
ROE %18%8%16%10%-22%-15%-32%-27%-13%0%4%8%

UCO Bank Financial Efficiency Indicators Chart

UCO Bank Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters94.44%95.39%95.39%95.39%95.39%95.39%95.39%95.39%95.39%95.39%95.39%95.39%
FIIs0.11%0.08%0.09%0.07%0.02%0.01%0.03%0.05%0.16%0.05%0.09%0.01%
DIIs1.59%1.28%1.27%1.28%1.29%1.32%1.34%1.37%1.37%1.35%1.36%1.32%
Public3.86%3.25%3.24%3.26%3.30%3.28%3.23%3.18%3.08%3.20%3.14%3.27%
No. of Shareholders3,75,1993,95,0304,02,7164,12,2744,26,2444,29,4684,30,4065,43,6955,36,9425,37,6865,83,2426,10,166

UCO Bank Shareholding Pattern Chart

No. of UCO Bank Shareholders

UCO Bank Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Nippon India ETF Nifty PSU Bank BeES50398731.0723.44
Kotak Nifty PSU Bank ETF31305771.0714.56
Nippon India Nifty Smallcap 250 Index Fund4250150.191.98
Axis Nifty Smallcap 50 Index Fund2937800.571.37
Motilal Oswal Nifty Smallcap 250 Index Fund2598640.181.21
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund2315730.571.08
SBI Nifty Smallcap 250 Index Fund2158600.181
ICICI Prudential Nifty Smallcap 250 Index Fund985600.180.46
Motilal Oswal Nifty 500 Index Fund257600.020.12
Edelweiss Nifty Smallcap 250 Index Fund117030.180.05

UCO Bank ROCE Trend

UCO Bank EPS Trend

UCO Bank Key Financial Ratios

MonthMar 23Mar 22Mar 21
Face Value10.0010.0010.00
Basic EPS (Rs.)1.530.770.15
Diluted EPS (Rs.)1.530.770.15
Cash EPS (Rs.)1.740.910.30
Book Value[Excl.RevalReserv]/Share (Rs.)19.0717.3417.37
Book Value[Incl.RevalReserv]/Share (Rs.)21.4119.6320.08
Operating Revenue / Share (Rs.)14.7612.5314.57
Net Profit / Share (Rs.)1.560.770.16
Net Profit After MI / Share (Rs.)1.530.740.14
Net Profit Margin (%)10.556.201.15
Net Profit After MI And SOA Nargin (%)10.345.971.00
Operating Profit Margin (%)-3.66-14.49-22.54
Return On Assets (%)0.600.330.05
Return On Equity / Networth (%)8.004.310.84
Net Interest Margin (X)2.442.412.16
Cost To Income (%)39.6347.8048.89
Interest Income / Total Assets (%)5.865.595.70
Non-Interest Income / Total Assets (%)0.831.151.35
Operating Profit / Total Assets (%)-0.21-0.81-1.28
Operating Expenses / Total Assets (%)1.831.781.87
Interest Expenses / Total Assets (%)3.423.173.54
Enterprise Value (Rs.Cr.)288687.43241485.22222756.87
EV Per Net Sales (X)16.3616.1215.42
Price To Book Value (X)1.280.680.63
Price To Sales (X)1.650.940.75
Retention Ratios (%)100.00100.00100.00
Earnings Yield (X)0.060.060.01

UCO Bank Profitability Ratios (%)

UCO Bank Liquidity Ratios

UCO Bank Liquidity Ratios (%)

UCO Bank Interest Coverage Ratios (X)

UCO Bank Valuation Ratios

Fair Value / Intrinsic Value of UCO Bank

Fair Value: ₹69.70

The stock is undervalued by 16.36% compared to the current price ₹59.9

*Investments are subject to market risks

Strength and Weakness of UCO Bank

Unable to fetch valid data for stock valuation.

Should I Buy UCO Bank Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in UCO Bank:
    1. Net Profit Margin: 10.55%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: N/A% (Industry Average ROCE: 4.95%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): N/A
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: N/A
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 42.7 (Industry average Stock P/E: 18.88)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✗ Total Debt / Equity: N/A
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in UCO Bank. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE