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CIMB Group is a leading financial services group in Southeast Asia, with a market capitalization of over RM 50 billion.
The company was founded in 2009 through the merger of two Malaysian banks, CIMB Bank and Bumiputera Commerce Bank.
CIMB Group has a diverse range of businesses, including consumer banking, wholesale banking, Islamic banking, and asset management.
The company has a strong presence in Malaysia, Indonesia, Thailand, and Singapore, with a network of over 1,000 branches and offices.
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Financial Analysis
The CIMB Group share price has had its ups and downs over the years, but let's take a closer look at the company's financial performance.
The CIMB Group has consistently generated significant revenue, with a peak of RM 5,741,589 in the third quarter of 2024.
In the same quarter, the company's profit before tax stood at RM 2,073,564, indicating a healthy profit margin.
The CIMB Group's earnings per share (EPS) have also been impressive, reaching a high of 18.98 in the third quarter of 2024.
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Here's a breakdown of the company's EPS over the past few years:
The CIMB Group's balance sheet also shows a strong cash position, with RM 20,883,621 in cash as of December 31, 2013.
The company's long-term investments have also been significant, reaching a high of RM 12,747,417 as of December 31, 2015.
However, the CIMB Group's long-term debt has been zero as of December 31, 2013, 2014, and 2015, indicating that the company has not taken on any significant debt.
The company's operating margin, return on equity capital, net profit margin, current ratio, and debt to capital at book have all been zero as of December 31, 2015, indicating that the company has been focusing on growth rather than profitability.
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Valuation Metrics
CIMB Group's share price is a topic of interest for investors, and one way to evaluate its value is by looking at its valuation metrics. CIMB's market capitalization is RM 87.15 billion, and its earnings are RM 7.64 billion.
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One key metric to use when looking at relative valuation for CIMB is its Price-To-Earnings (PE) Ratio. This is calculated by dividing CIMB's market cap by their current earnings.
The PE Ratio for CIMB is 11.4x, which is higher than its peers' average of 11.1x. This suggests that CIMB is expensive compared to its peers. Here's a comparison of CIMB's PE Ratio with its peers:
CIMB is also more expensive compared to the Asian Banks industry average of 9x. This suggests that investors may want to consider other factors when evaluating CIMB's value.
In terms of fair value, CIMB's share price of RM 8.11 is below its estimated fair value of RM 9.14. This means that CIMB is trading below its fair value, but not by a significant amount.
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Stock Performance
The CIMB Group share price has been on a rollercoaster ride in recent years. CIMB Group's share price has fluctuated significantly, with a high of RM 6.50 in 2019 and a low of RM 3.80 in 2020.
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One of the key drivers of CIMB Group's share price is its financial performance. CIMB Group's net profit has consistently exceeded RM 1 billion since 2018.
The bank's strong financials are a result of its diversified business model. CIMB Group has a significant presence in the consumer banking, wholesale banking, and investment banking segments.
CIMB Group's consumer banking segment has seen significant growth in recent years. The segment's assets have increased from RM 143 billion in 2018 to RM 163 billion in 2020.
The bank's wholesale banking segment has also been performing well. CIMB Group's wholesale banking segment has seen a significant increase in its loans and advances, from RM 134 billion in 2018 to RM 153 billion in 2020.
CIMB Group's investment banking segment has been a key contributor to the bank's growth. The segment's revenue has increased from RM 1.1 billion in 2018 to RM 1.3 billion in 2020.
The bank's strong financials have been reflected in its share price performance. CIMB Group's share price has consistently outperformed the FTSE Bursa Malaysia KLCI index in recent years.
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Financial Data
The CIMB Group share price has been a topic of interest for many investors, and for good reason. The company's financial data is a key indicator of its overall health and potential for growth.
In 2023, the company's sales per share was a notable 3.40, a significant increase from the previous year's 2.66. This suggests a strong performance in the market.
The company's P/E ratio, a measure of its stock's price relative to its earnings, was 8.94 in 2023. This is a relatively low ratio, indicating that the stock may be undervalued.
Here are some key financial metrics for CIMB Group:
The company's dividend yield, a measure of its dividend payments relative to its stock price, was 6.15% in 2023. This is a relatively high yield, indicating that the company is distributing a significant portion of its earnings to shareholders.
The company's equity ratio, a measure of its assets relative to its liabilities, was 9.49% in 2023. This is a relatively low ratio, indicating that the company may be taking on too much debt.
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The company's debt ratio, a measure of its liabilities relative to its assets, was 90.51% in 2023. This is a relatively high ratio, indicating that the company may be at risk of default.
Overall, the CIMB Group's financial data suggests a mixed picture. While the company's sales per share and dividend yield are strong, its P/E ratio and equity ratio are relatively low.
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Company Information
CIMB Group Holdings Berhad has been listed on the Main Market of Bursa Malaysia since 1987.
The company has a significant market capitalisation of RM38.7 billion.
CIMB Group Holdings Berhad's total assets at the end of 2015 were RM461.6 billion.
Its total shareholders’ funds at the end of 2015 were RM41.1 billion.
CIMB Group Holdings Berhad also has a substantial amount of total Islamic assets, which stood at RM70.7 billion as of 2015.
Here's a quick snapshot of CIMB Group Holdings Berhad's stock information:
- Board: Main
- Stock Code: 1023
- 52 Week High: 8.500
- 52 Week Low: 5.830
As of the latest update, the stock's open price was 8.150, with a high of 8.200 and a low of 8.070.
Historical Data
CIMB Group's earnings reports have shown a mixed trend over the years. The highest earnings per share (EPS) was 0.190 MYR in Q3 2024.
The lowest EPS was -0.011 MYR in Q3 2021. CIMB Group has consistently reported EPS in Q1 and Q3 of each year since 2022.
Here's a breakdown of CIMB Group's Q1 EPS from 2022 to 2024:
CIMB Group's Annual General Meeting (AGM) has been held on the last Friday of April since 2022. The AGM was held on April 29, 2024, and April 21, 2022.
Frequently Asked Questions
What is the net worth of CIMB?
As of December 27, 2024, CIMB's net worth is approximately 87.36 billion. This figure represents a significant increase of 42.46% from the previous year.
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