Kotak Mahindra Bank's intrinsic value using Intellectual Capital analysis

Kotak Mahindra Bank

BSE : 500247

|

NSE : KOTAKBANK

Industry : Bank Pvt sector

|

ISIN : INE237A01028

|

FreeFloat : 72.88%

|

FnO : Yes

|

LotSize : 400

BSE SENSEX | BSE SENSEX 50 | Nifty 50 | Nifty50 Equal Weight | BSE 100 | BSE 100 Largecap TMC | BSE 200 | BSE 250 LargeMidcap | BSE Largecap | BSE LargeMidcap | Nifty 100 | Nifty 200 | Nifty LargeMidcap 250 | Nifty100 Equal Weight | BSE BANKEX | BSE Private Bank | Nifty Bank | Nifty Financial Services | Nifty Financial Services 25/50 | Nifty Private Bank | Nifty100 Low Volatility 30 | BSE CARBONEX | NIFTY 100 ESG Sector Leaders | Nifty100 Enhanced ESG | Nifty100 ESG | BSE Diversfied Financials Rev Growth | Nifty Housing | Nifty Services Sector

Intellectual Capital (IC)	91,525.41
Net Worth (NW)	107,622.10
Intrinsic Worth (IW)	199,147.50
Market Cap (MC)	362,907.50
Economic Value Added	461.55

Discount Rate	%
Liquidity Premium	%

Knowledge Basis (IC/IW)	45.96%
IC Gross Margin (EBITDA/IC)	35.26%
IC Net Margin (NPT/IC)	16.87%
Knowledge Turnover (Sales/IC)	0.43
Market to Intrinsic Value (MC/IW)	1.82

As Of	Intrinsic Value	Market Price
31 Dec 2022	Rs. 1,002.71	Rs. 1,827.25
27 Mar 2023	----	Rs. 1,705.20
27 Mar 2023	----	13.05 0.77%

Fundamental - medium term		Technical - near term		Combined outlook
EVA > 0 : Yes	Sell	10 DMA : Rs. 1,685.95	Buy	Hold
KB > 50% : No		50 DMA : Rs. 1,736.73
0 < M2IV < 1 : No		Vol-Price trend : Rising
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
C
8434.13
12084.71
6475.40
6475.40
2674.46
1951.82
1905.18

Jun-20
C
8421.69
12323.15
6063.57
6063.57
2435.33
1840.44
1852.59

Sep-20
C
8337.36
13591.41
7199.98
7199.98
3914.47
2933.46
2946.62

Dec-20
C
8280.41
14834.99
6575.26
6575.26
3455.00
2575.74
2601.67

Mar-21
C
7951.77
16175.87
6296.08
6296.08
3363.54
2553.26
2589.32

Jun-21
C
8042.82
12799.59
5370.11
5370.11
2519.39
1794.79
1806.09

Sep-21
C
8225.63
15341.65
6811.10
6811.10
3930.88
2940.71
2988.74

Dec-21
C
8626.36
14176.16
7329.66
7329.66
4410.72
3337.62
3402.74

Mar-22
C
8838.13
16794.19
7588.44
7588.44
4685.03
3858.75
3891.82

Jun-22
C
9164.28
11658.94
6690.13
6690.13
3685.90
2712.39
2755.39

Sep-22
C
9993.83
17513.02
8121.61
8121.61
4747.38
3579.39
3608.18

Dec-22
C
11011.29
18481.46
9028.21
9028.21
5224.18
3959.14
3995.05

* C - Consolidated, S - Standalone