Hi, friend are you searching for Yes Bank’s share price target, then you are in the right place Toady i am going to discuss a new stock Yes Bank. In this article we are going to discuss the fundamental analysis of Yes Bank, the technical chart analysis of Yes Bank, the target of Yes Bank, and whether Yes Bank is good for investment.
Yes bank IS banking sector company was incorporated in 2004 by Rana Kapoor and Late Ashok Kapur,
It is a new-age private sector bank listed in BSE and NSE in 2005.
Yes bank provides services like corporate and institutional banking, financial markets, investment banking, branch banking, business and transaction banking, and wealth management business lines across the country.
YES BANK offers Clint-oriented corporate banking services, capital finance, trade and transactional devices, treasury risk management services, investment banking solutions, and liquidity management solutions to a highly focused client base.
YES BANK has partnerships with various companies namely cisco system, cash tech, i-flex, Reuters,, Gartner, intel, VSNL, Wipro, De La Rue, Murex, Wincor Nixdorf, and sanovi.
YES BANK has a widespread branch network of branches across 200 cities,, 420 ATM’s and 2 National Operating Centers in Mumbai and Gurgaon.
Fundamentals of YES Bank:
| Market cap: | 57937.95 Cr. |
| No. of Shares: | 2875.33 Cr. |
| CASA%: | 31.12 |
| P/E: | 52.8 |
| P/B: | 1.47 |
| FACE VALUE: | 2 Rs. |
| Dividend Yield: | 0% |
| Book Value: | 13.74 |
| ROCE: | 5.42% |
| ROE: | 3.19% |
| Net Interest Income: | 6,497.85 Cr. |
| Cost to income%: | 70.12 |
| EPS: | 0.38 |
| CAR%: | 17.4 |
| Profit Growth: | 130.80% |
YES BANK Strengths:
capital Adequacy Ratio of 17.40% is good for the company.
YES bank Limitations:
A very low ROA on investment. The average ROA of %5 years is -0.8%, the last 3 years was -2.03% and the last year was 0.36%
The company has low ROE of 3.19% last year, -25.65% for the last 3 years, and -10.55% for the last 5 years.
The NPA of YES bank is very high. NAP of YES Bank of last 1 year 4.53%, 5.15% of last 3 years, and 3.589% of last 5 years.
The income ratio is very high at 70.12%
The company has delivered very poor profit growth of -14.74% over the past 3 years.
YES BANK share holding Patterns:
Public Holding: 43.94%
DII Holding: 12.15%
Promoters Holding: 0%
Others Holding: 0%
Major Stake Holders in YES BANK:
SBIN- 30%, ICICIBANK- 2.99%, AXIS BANK- 1.95%, KOTAK MAHINDRA BANK LTD- 1.52%, AMANSA holding private LTD- 1.23%, BANDHAN BANK LTD- 1.18% IDFC first BANK LTF – 1.15%
Is YES BANK is good Investment:
The banking sector is booming with the growing demand for finance across India. So the bank has a better opportunity to grow in its industry.
Let’s understand the details of YES BANK:
Banking companies’ main earning source is interest earned on various loans given to individuals and business firms. 19,023.51 Cr is the earnings of yes bank in the last 1 year but it has posted poor revenue growth of -13.73% in the last 3 years.
The company’s CASA ratio is 31.12%. and its overall cost of liability stands at 4.65%. and the total deposits from these accounts stood at 1,97.191.73.
YES Bank has a poor ROA record of 0.36% which is very low.
The NPA of the YES BANK is very high 13.93% and 4.53 % respectively as of the last financial year.
The YES BANK has a negative coverage ratio of -84.23%
YES BANK has a good capital adequacy ratio of 17.40
YES BANK is trading at a P/B of 1.42. but the historical average P/B was 1.70
Technical Analysis of YES BANK:
Yes Bank is now trading at 20.21. After deep selling pressure in yes bank now in the consolidation phase comes to an end and the stock is ready for a fresh break out if it sustains above Rs. 20.
Yes Bank Share Price target is 2023.
Yes bank is now trying to make a break out if it sustains above 20 then its next target is 32. And 2nd target is 56.
Yes bank share price target of 2025
A small bull back may happen near 56. If it successfully breaks 56 then the next target will be 76 To 108
Yes Bank share price target is 2030.
2820 to 406 is the next target for the yes Bank share price. Some bull back may happen near an all-time high. But as of now, the fundamentals of yes bank indicate it can be a multi-bagger stock by 2050.
Conclusion:
Yes Bank is now showing positive signs of multi-bagger stock. The stock tries to break its consolidation phase if it sustains above 20 Rs then it can generate good returns for its investors.
