Bandhan Bank's intrinsic value using Intellectual Capital analysis

Bandhan Bank

BSE : 541153

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NSE : BANDHANBNK

Industry : Bank Pvt sector

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ISIN : INE545U01014

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FreeFloat : 47.05%

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FnO : Yes

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LotSize : 1800

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Intellectual Capital (IC)	3,209.98
Net Worth (NW)	18,776.00
Intrinsic Worth (IW)	21,985.98
Market Cap (MC)	37,725.69
Economic Value Added	132.02

Discount Rate	%
Liquidity Premium	%

Knowledge Basis (IC/IW)	14.60%
IC Gross Margin (EBITDA/IC)	254.02%
IC Net Margin (NPT/IC)	42.52%
Knowledge Turnover (Sales/IC)	4.96
Market to Intrinsic Value (MC/IW)	1.72

As Of	Intrinsic Value	Market Price
31 Dec 2022	Rs. 136.49	Rs. 234.20
27 Mar 2023	----	Rs. 197.80
27 Mar 2023	----	-5.30 -2.68%

Fundamental - medium term		Technical - near term		Combined outlook
EVA > 0 : Yes	Sell	10 DMA : Rs. 205.28	Sell	Strong Sell
KB > 50% : No		50 DMA : Rs. 229.55
0 < M2IV < 1 : No		Vol-Price trend : Falling
Disclaimer: Stock outlook is based on data calculations only and does NOT constitute investment advice.

Question 3 - Is this stock undervalued?

Question 2 - Does this business have significant knowledge assets?

Question 1 - Is this business generating enough profits to cover its cost of capital?

* EVA is a registered trademark of Stern Stewart and Co.

Quarterly Results (Rs. Cr)

Quarter

Type*

Sales

Income

EBITDA

EBIT

PBT

PAT

NPT

Mar-20
S
2846.29
3346.47
1859.58
1859.58
693.33
517.29
517.29

Jun-20
S
3018.09
3404.84
1941.68
1941.68
735.12
549.82
549.82

Sep-20
S
3197.63
3579.40
2507.55
2507.55
1233.01
920.01
920.01

Dec-20
S
3307.84
3861.12
2081.46
2081.46
845.35
632.59
632.59

Mar-21
S
3000.66
3787.91
1378.83
1378.83
135.17
103.03
103.03

Jun-21
S
3410.01
3943.38
1792.15
1792.15
496.21
373.08
373.08

Sep-21
S
3180.89
3672.51
-2783.22
-2783.22
-4028.69
-3008.60
-3008.60

Dec-21
S
3408.66
4120.95
2428.40
2428.40
1144.44
858.97
858.97

Mar-22
S
3871.57
4835.97
3848.40
3848.40
2516.67
1902.34
1902.34

Jun-22
S
4055.36
4385.05
2719.14
2719.14
1178.20
886.50
886.50

Sep-22
S
3773.45
4249.87
1853.68
1853.68
273.22
209.27
209.27

Dec-22
S
3807.64
4840.94
2107.89
2107.89
380.68
290.57
290.57

* C - Consolidated, S - Standalone