Yes Bank's share price has seen significant fluctuations in recent years, with a high of ₹153.25 in January 2018 and a low of ₹11.95 in March 2020.
The bank's financial performance has been impacted by various factors, including a decline in non-performing assets (NPAs) from 5.89% in March 2018 to 3.48% in September 2020.
Yes Bank's net interest income (NII) has also seen a steady increase, from ₹4,551 crore in FY2018 to ₹5,531 crore in FY2020.
The bank's efforts to reduce NPAs and improve its financial health have contributed to its recovery.
Share Price Analysis
Yes Bank's share price has had its ups and downs, with a current price of ₹19.59. The 52 Week High is ₹32.85, while the 52 Week Low is ₹19.02. This indicates a significant range in the bank's stock price over the past year.
In terms of volatility, Yes Bank's average weekly movement is 4.1%, which is lower than the market average movement of 6.2%. This suggests that the bank's stock price has been relatively stable compared to the broader market.
Here's a summary of Yes Bank's share price performance over the past year:
These numbers show that Yes Bank's share price has been declining over the past year, but the bank has reported robust growth in its Q2 FY25 results, with a 15.2% year-on-year increase in interest income.
Stock Down 41.5%, Up 1.4%
Yes Bank's stock has taken a significant hit, dropping 41.5% from its 52-week high.
The stock's performance is quite stark, especially considering it's still up 1.4% from its 52-week low.
On November 14, 2024, the stock closed at ₹19.29, a price that reflects this notable drop.
This price movement is a clear indication of the stock's volatility in recent times.
The stock's 52-week high is a significant benchmark, and its drop from this point is a notable concern for investors.
Rises 22.76%
YES Bank's stock surged 8.46% to ₹21.02 on the NSE after its robust Q2 FY25 results.
YES Bank has reported solid financial results for Q2 FY25, showing robust growth across key metrics. The bank recorded a 15.2% year-on-year (YoY) increase in interest income, which rose to ₹7,730 crore.
ICICI Bank achieved a record quarterly net profit of Rs 11,746 crore for Q2, a 14.5% rise from last year.
Vodafone Idea's stock price dropped 4.67% to ₹7.75.
Financial Performance
Yes Bank's financial performance in 2023 was impressive, with revenue reaching 115.47 billion, a 20.72% increase from the previous year.
This significant growth in revenue led to a substantial increase in earnings, which were 12.85 billion, a whopping 74.66% higher than the previous year.
Key Metrics
Let's dive into the key metrics that reveal the financial performance of Yes Bank.
The bank's revenue saw a significant increase in 2023, reaching 115.47 billion, a 20.72% jump from the previous year's 95.65 billion.
Earnings also skyrocketed, with a 74.66% increase to 12.85 billion.
Market capitalization stood at 61,414 crore rupees.
The dividend yield, return on equity (ROE), and return on capital employed (ROCE) are not explicitly mentioned, but we can infer that the bank's financial health is improving based on the increase in revenue and earnings.
Here's a summary of the key metrics:
The bank's share capital has remained relatively stable over the past few years, ranging from 5,011 to 5,754 crore rupees.
Reserve and surplus have also seen a steady increase, reaching 35,453 crore rupees in 2024.
Price History & Performance
Looking at the historical performance of a company can give us a good idea of its overall financial health. The 1-year high for a company is often a good benchmark to measure its growth.
In Example 1, we see that the 1-year high is 87.30, which shows a significant growth in a relatively short period.
The 52-week high for Yes Bank is ₹32.85, which is a notable achievement considering the current market trends.
Here's a summary of the key historical performance metrics:
The beta value of 0.53 indicates that Yes Bank's stock price is less volatile compared to the market average.
A 1-month change of -6.00% shows that the company's stock price has declined in the recent past.
The 3-month change of -10.75% and the 1-year change of -15.74% indicate a downward trend in the company's stock price over the past few months and year.
The 3-year change of 37.47% and the 5-year change of -58.58% show a mixed performance of the company's stock price over the long term.
Cash Flow
Cash flow is a crucial aspect of a company's financial performance, and YESBANK's cash flow trends over the years are quite telling.
The company's Net Cash Flow has been fluctuating, with a low of -38 in Mar 2024 and a high of 17,423 in Mar 2022.
Operating Activities have been a significant contributor to the company's cash flow, with a high of 55,396 in Mar 2021 and a low of -25,816 in Mar 2023.
Investing Activities have been a drag on the company's cash flow, with a high of 14,128 in Mar 2020 and a low of -14,566 in Mar 2022.
Financing Activities have been a mixed bag, with a high of 11,450 in Mar 2023 and a low of -34,942 in Mar 2021.
Here's a breakdown of YESBANK's Cash Flow for the past few years:
Overall, YESBANK's cash flow has been quite volatile, with significant swings in Operating Activities and Investing Activities.
Frequently Asked Questions
What will be the future of Yes Bank share price?
YES Bank's share price is expected to rise to an average target of 20, representing a 0.91% upside from its current price. However, a recent downgrade by a broker suggests caution is advised before making any investment decisions.
What was the price of Yes Bank share in 2005?
Yes Bank shares were priced at ₹35 in June 2005. The face value was ₹10, but the issue price was significantly higher.
Is Yes Bank share undervalued?
Yes Bank share is undervalued by 17% based on its current market price compared to its Relative Value under the Base Case scenario. This suggests a potential investment opportunity for those considering buying Yes Bank stock.
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