SANASA Development Bank Plc

Market Cap: Small Cap
Industry: Regional Banks
ISIN: LK0412N00003

LKR

66.10

-2.3 (-3.36%)

Feb 23

COL

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Seylan Bank Plc

Amana Bank Plc

Commercial Bank of Ceylon Plc

Pan Asia Banking Corp. Plc

DFCC Bank PLC

Merchant Bank of Sri Lanka & Finance Plc

SANASA Development Bank Plc

HDFC Bank of Sri Lanka

Why is SANASA Development Bank Plc ?

The company declared very negative results in Dec'24 after flat results in Sep'24

NO KEY NEGATIVE TRIGGERS

With ROA of 0.19%, it has a fair valuation with a 0.61 Price to Book Value

Over the past year, while the stock has generated a return of 59.28%, its profits have fallen by -45.9%

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Regional Banks)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is SANASA Development Bank Plc for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

SANASA Development Bank Plc

57.38%

2.36

42.70%

Sri Lanka CSE All Share

41.16%

2.63

15.67%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

2.25%

EBIT Growth (5y)

-163.81%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.61

EV to EBIT

-247.49

EV to EBITDA

38.62

EV to Capital Employed

0.79

EV to Sales

1.28

PEG Ratio

Dividend Yield

ROCE (Latest)

-0.32%

ROE (Latest)

2.19%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

No Trend

OBV

No Trend

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

4What is working for the Company

OPERATING CASH FLOW(Y)

Highest at LKR 3,509.56 MM

CREDIT DEPOSIT RATIO(HY)

Highest at 117.12%

0What is not working for the Company

NO KEY NEGATIVE TRIGGERS

Here's what is working for SANASA Development Bank Plc

Operating Cash Flow

Highest at LKR 3,509.56 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (LKR MM)

Credit Deposit Ratio

Highest at 117.12%

in the last four Semi-Annual periods

MOJO Watch

Bank has been creating proportionately higher loans against its deposits, thereby creating higher revenue generating assets

Credit Deposit Ratio (%)

Depreciation

Highest at LKR 168.19 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (LKR MM)

Here's what is not working for SANASA Development Bank Plc

Capital Adequacy Ratio

Lowest at 13.54%

in the last five periods

MOJO Watch

The Bank's capital base vs its risk assets is deteriorating.

CAR (%)