Ratings CTBC Financial Holding Co., Ltd. Taiwan S.E.

Equities

2891B

TW0002891B07

End-of-day quote Taiwan S.E. Other stock markets 06:00:00 2024-05-30 pm EDT			5-day change	1st Jan Change
60.3 ^TWD	+0.33%		-0.17%	+1.52%

May. 31	Transcript : CTBC Financial Holding Co., Ltd., Q1 2024 Earnings Call, May 31, 2024
May. 24	Global markets live: Nvidia, Boeing, Micron Technology, Alibaba, Apple...

Strengths

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
With a P/E ratio at 10.61 for the current year and 10.68 for next year, earnings multiples are highly attractive compared with competitors.
This company will be of major interest to investors in search of a high dividend stock.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
Analysts covering this company mostly recommend stock overweighting or purchase.
Over the past four months, analysts' average price target has been revised upwards significantly.
The opinion of analysts covering the stock has improved over the past four months.
Over the past twelve months, analysts' opinions have been strongly revised upwards.
Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.

Weaknesses

The company's earnings growth outlook lacks momentum and is a weakness.
The three month average target prices set by analysts do not offer high potential in comparison with the current prices.

Ratings chart - Surperformance

Sector: Banks

	1st Jan change	Capi.	ESG Refinitiv
CTBC FINANCIAL HOLDING CO., LTD.	+1.52%	21.36B	-
JPMORGAN CHASE & CO.	+19.12%	582B	C+
BANK OF AMERICA CORPORATION	+18.87%	313B	C+
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+15.71%	251B	C+
WELLS FARGO & COMPANY	+21.74%	209B	C
CHINA CONSTRUCTION BANK CORPORATION	+19.14%	180B	B-
BANK OF CHINA LIMITED	+24.16%	169B	B-
HSBC HOLDINGS PLC	+9.58%	164B	C+
ROYAL BANK OF CANADA	+11.18%	154B	B-
HDFC BANK LIMITED	-10.40%	140B	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes