Financials Union Bank of Colombo PLC

Equities

UBC.N0000

LK0306N00007

Banks

End-of-day quote Colombo S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
10.2 LKR +0.99% Intraday chart for Union Bank of Colombo PLC +2.00% +2.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 12,005 14,411 12,678 12,027 7,151 10,836
Enterprise Value (EV) 1 31,515 30,866 20,850 18,744 8,759 22,697
P/E ratio 23.4 x 19 x 20.2 x 14.4 x 16.5 x 23.8 x
Yield - 1.05% 1.11% - - -
Capitalization / Revenue 2.11 x 2.27 x 2.21 x 2.05 x 1.22 x 1.46 x
EV / Revenue 5.55 x 4.87 x 3.63 x 3.2 x 1.49 x 3.05 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.74 x 0.84 x 0.71 x 0.68 x 0.38 x 0.56 x
Nbr of stocks (in thousands) 1,091,406 1,083,558 1,083,558 1,083,558 1,083,558 1,083,558
Reference price 2 11.00 13.30 11.70 11.10 6.600 10.00
Announcement Date 2/26/19 2/26/20 2/25/21 2/25/22 2/28/23 2/28/24
1LKR in Million2LKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,682 6,336 5,741 5,859 5,878 7,443
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 893.4 1,201 1,069 1,240 525.3 900.9
Net income 1 517.8 765.1 632.7 836.8 434.1 456.3
Net margin 9.11% 12.08% 11.02% 14.28% 7.39% 6.13%
EPS 2 0.4700 0.7000 0.5800 0.7700 0.4000 0.4200
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 0.1400 0.1300 - - -
Announcement Date 2/26/19 2/26/20 2/25/21 2/25/22 2/28/23 2/28/24
1LKR in Million2LKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 19,509 16,454 8,172 6,716 1,607 11,861
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 3.12% 4.74% 3.51% 4.71% 2.28% 2.4%
ROA (Net income/ Total Assets) 0.41% 0.61% 0.48% 0.67% 0.32% 0.33%
Assets 1 127,180 126,010 131,788 124,845 133,847 139,710
Book Value Per Share 2 14.90 15.90 16.50 16.40 17.30 17.80
Cash Flow per Share 2 6.020 2.950 2.630 2.390 7.080 6.410
Capex 1 231 194 79.4 434 144 143
Capex / Sales 4.07% 3.06% 1.38% 7.4% 2.44% 1.92%
Announcement Date 2/26/19 2/26/20 2/25/21 2/25/22 2/28/23 2/28/24
1LKR in Million2LKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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