Is ICICI Bank Stock a Good Investment?

ICICI Bank Investment Advice

  IBN
To provide specific investment advice or recommendations on ICICI Bank Limited stock, we recommend investors consider the following general factors when evaluating ICICI Bank Limited. This will help you to make an informed decision on whether to include ICICI Bank in one of your diversified portfolios:
  • Examine ICICI Bank's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research ICICI Bank's leadership team and their track record. Good management can help ICICI Bank navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Diversified Banks space and any emerging trends that could impact ICICI Bank's business and its evolving consumer preferences.
  • Compare ICICI Bank's performance and market position to its competitors. Analyze how ICICI Bank is positioned in terms of product offerings, innovation, and market share.
  • Check if ICICI Bank pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about ICICI Bank's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ICICI Bank Limited stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ICICI Bank Limited is a good investment.
 
Sell
 
Buy
Strong Hold
Our investment recommendation module can be used to complement ICICI Bank Limited trade recommendations provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available right now. To make sure ICICI Bank Limited is not overpriced, please check out all ICICI Bank fundamentals, including its number of shares shorted, cash and equivalents, target price, as well as the relationship between the revenue and book value per share . Given that ICICI Bank Limited has a price to earning of 22.31 X, we strongly advise you to confirm ICICI Bank Limited market performance and probability of bankruptcy to ensure the company can sustain itself in the future given your regular risk tolerance and investing horizon.

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine ICICI Bank Stock

Researching ICICI Bank's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 19.0% of the company shares are owned by institutional investors. The book value of ICICI Bank was currently reported as 397.44. The company last dividend was issued on the 12th of August 2024. ICICI Bank Limited had 11:10 split on the 19th of June 2017.
To determine if ICICI Bank is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ICICI Bank's research are outlined below:
Latest headline from zacks.com: Heres Why ICICI Bank Limited is a Strong Momentum Stock

ICICI Bank Quarterly Liabilities And Stockholders Equity

25.17 Trillion

ICICI Bank uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ICICI Bank Limited. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ICICI Bank's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of January 2024
Upcoming Quarterly Report
View
26th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View
Earnings surprises can significantly impact ICICI Bank's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ICICI Bank's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-07-24
2021-06-300.20.18-0.0210 
2020-11-01
2020-09-300.170.190.0211 
2020-01-26
2019-12-310.180.20.0211 
2019-01-30
2018-12-310.060.080.0233 
2018-05-07
2018-03-310.080.06-0.0225 
2018-01-31
2017-12-310.070.090.0228 
2019-05-14
2019-03-310.080.05-0.0337 
2024-07-27
2024-06-300.340.390.0514 

Know ICICI Bank's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as ICICI Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ICICI Bank Limited backward and forwards among themselves. ICICI Bank's institutional investor refers to the entity that pools money to purchase ICICI Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Dimensional Fund Advisors, Inc.2024-09-30
11.9 M
Bank Of America Corp2024-09-30
11.1 M
T. Rowe Price Associates, Inc.2024-09-30
8.7 M
State Street Corp2024-09-30
7.8 M
Lazard Asset Management Llc2024-09-30
7.2 M
Hsbc Holdings Plc2024-09-30
7.1 M
Amansa Capital Pte Ltd.2024-09-30
M
Daiwa Securities Group Inc2024-09-30
6.8 M
Driehaus Capital Management Llc2024-09-30
6.7 M
Wcm Investment Management2024-09-30
63 M
Gqg Partners Llc2024-09-30
59.6 M
Note, although ICICI Bank's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ICICI Bank's market capitalization trends

The company currently falls under 'Mega-Cap' category with a total capitalization of 110.37 B.

Market Cap

8.09 Trillion

ICICI Bank's profitablity analysis

Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 
Return On Capital Employed 0.07  0.05 
Return On Assets 0.02  0.02 
Return On Equity 0.17  0.18 
The company has Net Profit Margin of 0.29 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.37 %, which entails that for every 100 dollars of revenue, it generated $0.37 of operating income.
Determining ICICI Bank's profitability involves analyzing its financial statements and using various financial metrics to determine if ICICI Bank is a good buy. For example, gross profit margin measures ICICI Bank's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ICICI Bank's profitability and make more informed investment decisions.

Evaluate ICICI Bank's management efficiency

ICICI Bank Limited has Return on Asset of 0.0216 % which means that on every $100 spent on assets, it made $0.0216 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1873 %, implying that it generated $0.1873 on every 100 dollars invested. ICICI Bank's management efficiency ratios could be used to measure how well ICICI Bank manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ICICI Bank's Return On Tangible Assets are very stable compared to the past year. As of the 13th of December 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.05. At this time, ICICI Bank's Return On Assets are very stable compared to the past year.
Last ReportedProjected for Next Year
Book Value Per Share 385.56  404.83 
Tangible Book Value Per Share 382.02  401.13 
Enterprise Value Over EBITDA 11.27  11.83 
Price Book Value Ratio 3.01  4.85 
Enterprise Value Multiple 11.27  11.83 
Price Fair Value 3.01  4.85 
Enterprise Value7.8 T8.2 T
ICICI Bank's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield
0.0077
Forward Dividend Yield
0.0077
Forward Dividend Rate
0.24
Beta
0.829

Basic technical analysis of ICICI Stock

As of the 13th of December 2024, ICICI Bank retains the downside deviation of 1.27, and Semi Deviation of 1.11. ICICI Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.

ICICI Bank's Outstanding Corporate Bonds

ICICI Bank issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ICICI Bank Limited uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ICICI bonds can be classified according to their maturity, which is the date when ICICI Bank Limited has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Understand ICICI Bank's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing ICICI Bank's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider ICICI Bank's intraday indicators

ICICI Bank intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ICICI Bank stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

ICICI Bank Corporate Filings

6K
13th of December 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
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ICICI Bank time-series forecasting models is one of many ICICI Bank's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ICICI Bank's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

ICICI Stock media impact

Far too much social signal, news, headlines, and media speculation about ICICI Bank that are available to investors today. That information is available publicly through ICICI media outlets and privately through word of mouth or via ICICI internal channels. However, regardless of the origin, that massive amount of ICICI data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ICICI Bank news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ICICI Bank relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ICICI Bank's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ICICI Bank alpha.

ICICI Bank Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards ICICI Bank can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

ICICI Bank Corporate Directors

Neelam DhawanAdditional Non-Executive Independent DirectorProfile
Subramanian MadhavanNon-Executive Independent DirectorProfile
Rama BijapurkarNon-Executive Independent DirectorProfile
B SriramNon-Executive Independent DirectorProfile
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 bureau of labor statistics.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICICI Bank. If investors know ICICI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICICI Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.182
Earnings Share
1.56
Revenue Per Share
466.492
Quarterly Revenue Growth
0.274
Return On Assets
0.0216
The market value of ICICI Bank Limited is measured differently than its book value, which is the value of ICICI that is recorded on the company's balance sheet. Investors also form their own opinion of ICICI Bank's value that differs from its market value or its book value, called intrinsic value, which is ICICI Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICICI Bank's market value can be influenced by many factors that don't directly affect ICICI Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between ICICI Bank's value and its price, as these two are different measures arrived at by various means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.