Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
41.38 (1y: +44%)
Market Cap 33.18 B P/E(ttm) 38.40
Enterprise Value 38.8 B P/B 4.50
HDB- NYSE (USA)
HDFC Bank Ltd
  • Currently 4/5
Business Predictability Rank: 4-Star
Back Testing Results:
Average gain of all 4-Star stocks: 9.8% per year.
% of Stocks that are in still loss if held for 10yrs: 8%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$41.38
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.646
HDB's Cash to Debt is ranked higher than
68% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 0.85 vs. HDB: 0.646 )
HDB' s 10-Year Cash to Debt Range
Min: 0.56   Max: 1.81
Current: 0.65
0.56
1.81
Equity to Asset 0.088
HDB's Equity to Asset is ranked lower than
55% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 0.09 vs. HDB: 0.088 )
HDB' s 10-Year Equity to Asset Range
Min: 0.07   Max: 0.09
Current: 0.09
0.07
0.09
Interest Coverage No Debt
HDB's Interest Coverage is ranked lower than
101% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 10000.00 vs. HDB: No Debt )
HDB' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 0.56
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 50.40
HDB's Operating margin (%) is ranked higher than
82% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 25.80 vs. HDB: 50.40 )
HDB' s 10-Year Operating margin (%) Range
Min: 21.5   Max: 50.4
Current: 50.4
21.5
50.4
Net-margin (%) 29.7
HDB's Net-margin (%) is ranked higher than
79% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 18.10 vs. HDB: 29.7 )
HDB' s 10-Year Net-margin (%) Range
Min: 14.2   Max: 33.6
Current: 29.7
14.2
33.6
ROE (%) 18.6
HDB's ROE (%) is ranked higher than
98% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 6.80 vs. HDB: 18.6 )
HDB' s 10-Year ROE (%) Range
Min: 6.1   Max: 19.9
Current: 18.6
6.1
19.9
ROA (%) 1.7
HDB's ROA (%) is ranked higher than
96% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 0.80 vs. HDB: 1.7 )
HDB' s 10-Year ROA (%) Range
Min: 0.7   Max: 1.7
Current: 1.7
0.7
1.7
ROC (Joel Greenblatt) (%) 518.30
HDB's ROC (Joel Greenblatt) (%) is ranked higher than
62% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 45.20 vs. HDB: 518.30 )
HDB' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 13.9   Max: 518.3
Current: 518.3
13.9
518.3
Revenue Growth (%) 14.5
HDB's Revenue Growth (%) is ranked higher than
92% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 1.70 vs. HDB: 14.5 )
HDB' s 10-Year Revenue Growth (%) Range
Min: 10.4   Max: 28.8
Current: 14.5
10.4
28.8
EBITDA Growth (%) 24.1
HDB's EBITDA Growth (%) is ranked higher than
93% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 5.10 vs. HDB: 24.1 )
HDB' s 10-Year EBITDA Growth (%) Range
Min: 4.6   Max: 87.4
Current: 24.1
4.6
87.4
EPS Growth (%) -29.2
HDB's EPS Growth (%) is ranked higher than
94% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 5.40 vs. HDB: -29.2 )
HDB' s 10-Year EPS Growth (%) Range
Min: -29.2   Max: 30.7
Current: -29.2
-29.2
30.7
» HDB's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

HDB Guru Trades in Q2 2012

Jim Simons 180,500 sh (New)
Howard Marks 18,972 sh (New)
Ken Fisher 2,089,295 sh (+31.06%)
Ruane Cunniff 17,638 sh (+5.63%)
Matthews Pacific Tiger Fund 319,500 sh (unchged)
Steven Cohen Sold Out
Jeremy Grantham 862,590 sh (-37.22%)
» More
Q3 2012

HDB Guru Trades in Q3 2012

Sarah Ketterer 4,516 sh (New)
Bruce Kovner 24,200 sh (New)
Jim Simons 395,600 sh (+119.17%)
Ken Fisher 3,003,389 sh (+43.75%)
Howard Marks 19,524 sh (+2.91%)
Ruane Cunniff 17,638 sh (unchged)
Matthews Pacific Tiger Fund 319,500 sh (unchged)
Jeremy Grantham 704,990 sh (-18.27%)
» More
Q4 2012

HDB Guru Trades in Q4 2012

Steven Cohen 9,417 sh (New)
Howard Marks 23,573 sh (+20.74%)
Ken Fisher 3,198,464 sh (+6.5%)
Bruce Kovner 25,600 sh (+5.79%)
Ruane Cunniff 17,653 sh (+0.09%)
Jeremy Grantham 521,390 sh (unchged)
Sarah Ketterer 4,516 sh (unchged)
Matthews Pacific Tiger Fund 319,500 sh (unchged)
Jim Simons 106,300 sh (-73.13%)
» More
Q1 2013

HDB Guru Trades in Q1 2013

Jim Simons 820,400 sh (+671.78%)
Steven Cohen 13,780 sh (+46.33%)
Ken Fisher 3,373,989 sh (+5.49%)
Ruane Cunniff 18,310 sh (+3.72%)
Matthews Pacific Tiger Fund 319,500 sh (unchged)
Howard Marks 23,573 sh (unchged)
Sarah Ketterer 4,516 sh (unchged)
Bruce Kovner Sold Out
Jeremy Grantham 25,697 sh (-95.07%)
» More
» Details

Insider Trades

Latest Guru Trades with HDB

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ruane Cunniff 2011-03-31 Add 117.16%0.01%$28.08 - $33.9 $ 41.2435%3253
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 38.30
HDB's P/E(ttm) is ranked lower than
94% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 13.43 vs. HDB: 38.30 )
HDB' s 10-Year P/E(ttm) Range
Min: 22.82   Max: 335.61
Current: 38.3
22.82
335.61
P/B 4.50
HDB's P/B is ranked lower than
118% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 0.90 vs. HDB: 4.50 )
HDB' s 10-Year P/B Range
Min: 2.7   Max: 9.3
Current: 4.5
2.7
9.3
P/S 8.20
HDB's P/S is ranked lower than
115% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 2.20 vs. HDB: 8.20 )
HDB' s 10-Year P/S Range
Min: 6.18   Max: 52.35
Current: 8.2
6.18
52.35
PFCF 25.70
HDB's PFCF is ranked lower than
110% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 6.70 vs. HDB: 25.70 )
HDB' s 10-Year PFCF Range
Min: 8.59   Max: 79.11
Current: 25.7
8.59
79.11
EV-to-EBIT 21.3
HDB's EV-to-EBIT is ranked higher than
56% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 16.90 vs. HDB: 21.3 )
HDB' s 10-Year EV-to-EBIT Range
Min: 15.7   Max: 66.7
Current: 21.3
15.7
66.7
PEG 1.1
HDB's PEG is ranked lower than
88% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 1.29 vs. HDB: 1.1 )
HDB' s 10-Year PEG Range
Min: 0   Max: 1.4
Current: 1.1
0
1.4

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.50
HDB's Dividend Yield is ranked lower than
73% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 2.20 vs. HDB: 0.50 )
HDB' s 10-Year Dividend Yield Range
Min: 0.34   Max: 0.79
Current: 0.5
0.34
0.79
Dividend growth (3y) 19.9
HDB's Dividend growth (3y) is ranked higher than
98% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: -21.50 vs. HDB: 19.9 )
HDB' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 20.9
Current: 19.9
0
20.9
Yield on cost (5-Year) 1.68
HDB's Yield on cost (5-Year) is ranked higher than
56% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 1.92 vs. HDB: 1.68 )
HDB' s 10-Year Yield on cost (5-Year) Range
Min: 1.15   Max: 2.66
Current: 1.68
1.15
2.66
Share Buyback Rate -1.6
HDB's Share Buyback Rate is ranked higher than
61% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: -1.75 vs. HDB: -1.6 )
HDB' s 10-Year Share Buyback Rate Range
Min: -1.6   Max: -8.3
Current: -1.6

Valuation & Return

vs
industry		 vs
history
Earnings Yield (Greenblatt) 4.70
HDB's Earnings Yield (Greenblatt) is ranked lower than
112% of the 811 Companies
in the Global Banks - Regional - Asia industry.

( Industry Median: 5.80 vs. HDB: 4.70 )
HDB' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 6.4
Current: 4.7
1.5
6.4

Business Description

HDFC Bank Limited is a private sector bank and financial services company in India. Its goal is to be the preferred provider of financial services to upper- and middle-income individuals and foremost corporations in India. Its strategy is to provide a comprehensive range of financial products and services for its customers through multiple distribution channels. It has three principal business activities: retail banking, wholesale banking and treasury operations. In the five years ended March 31, 2009, the Bank expanded its operations from 312 branches and 910 ATMs in 163 cities to 1,413 branches and 3,295 ATMs in 528 cities. During the same five years, its customer base grew from 4.6 million customers to 18.3 million customers. The Bank is the part of the HDFC group of companies founded by its principal shareholder, Housing Development Finance Corporation Limited, a public limited company established under the laws of India. The Bank has two subsidiaries: HDFC Securities Limited and HDB Financial Services Limited. HSL is primarily in the business of providing brokerage services through the internet and other channels. HDBFS is a non-deposit taking non-bank finance company, for the establishment of which the Bank received Reserve Bank of India approval during fiscal 2008. It has consolidated the accounts of Atlas Documentary Facilitators Company Private Ltd., which provides back office transaction processing services, in its U.S. GAAP financial statements. Its target market for its retail services comprises upper- and middle-income individuals and net worth customers. The Company also targets small businesses, trusts and non-profit corporations. The Bank's main commercial banking products include a range of financing products, documentary credits and bank guarantees, foreign exchange and derivative products and corporate deposit products. Its financing products include loans, overdrafts, bill discounting and credit substitutes, such as commercial papers, debentures, preference shares and other funded products. The Company's foreign exchange and derivatives products assist corporations in managing its currency and interest rate exposures. The Bank's main competitors are public sector banks, other private sector banks, foreign banks and, in some product areas, non-banking financial institutions.
Company Website
Industry: Banks - Regional - Asia
Compare:IDCBY, CICHY, BACHY, BHKLY, CMAKY
Traded in other countries:HDFA.Germany

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial