Icici Bank Limited Stock Probability Of Bankruptcy
| ICBA Stock | EUR 29.20 0.20 0.69% |
ICICI |
ICICI Bank Limited Company chance of financial distress Analysis
ICICI Bank's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current ICICI Bank Probability Of Bankruptcy | Less than 9% |
Most of ICICI Bank's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ICICI Bank Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ICICI Bank probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting ICICI Bank odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of ICICI Bank Limited financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, ICICI Bank Limited has a Probability Of Bankruptcy of 9.0%. This is 81.97% lower than that of the Financial Services sector and 82.66% lower than that of the Banks - Regional - Asia industry. The probability of bankruptcy for all Germany stocks is 77.4% higher than that of the company.
ICICI Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ICICI Bank's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ICICI Bank could also be used in its relative valuation, which is a method of valuing ICICI Bank by comparing valuation metrics of similar companies.ICICI Bank is currently under evaluation in probability of bankruptcy category among its peers.
ICICI Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0187 | |||
| Profit Margin | 0.28 % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 1.1 T | |||
| Shares Outstanding | 3.49 B | |||
| Shares Owned By Insiders | 0.18 % | |||
| Shares Owned By Institutions | 19.63 % | |||
| Price To Earning | 31.06 X | |||
| Price To Book | 3.24 X | |||
| Price To Sales | 0.07 X | |||
| Revenue | 1.16 T | |||
| Gross Profit | 989.36 B | |||
| Net Income | 251.1 B | |||
| Cash And Equivalents | 4.86 B | |||
| Cash Per Share | 1.52 X | |||
| Total Debt | 1.62 T | |||
| Book Value Per Share | 586.39 X | |||
| Cash Flow From Operations | (733.14 B) | |||
| Earnings Per Share | 1.05 X | |||
| Target Price | 24.23 | |||
| Number Of Employees | 130.54 K | |||
| Beta | 0.76 | |||
| Market Capitalization | 67.6 B | |||
| Total Asset | 17.53 T | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 1.28 % | |||
| Net Asset | 17.53 T |
About ICICI Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ICICI Bank Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ICICI Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ICICI Bank Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in ICICI Stock
When determining whether ICICI Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICICI Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icici Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icici Bank Limited Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI Bank Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.