` Comparison: KBANK, CPI - Alpha Spread

KBANK
vs
C
CPI

Over the past 12 months, KBANK has outperformed CPI, delivering a return of +22% compared to the CPI's +21% growth.

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KBANK
CPI
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Valuation Comparison

KBANK Intrinsic Value
312.5 THB
Undervaluation 39%
Intrinsic Value
Price
C
CPI Intrinsic Value
Not Available
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Kasikornbank PCL
SET:KBANK
191.5 THB
C
Capitec Bank Holdings Ltd
JSE:CPI
402 500 Zac
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
KBANK, CPI

KBANK
CPI
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Revenue
www.alphaspread.com
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Kasikornbank PCL
Revenue
C
Capitec Bank Holdings Ltd
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
KBANK, CPI

KBANK
CPI
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Kasikornbank PCL
SET:KBANK
FCF is not applicable for financial companies
C
Capitec Bank Holdings Ltd
JSE:CPI
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

KBANK
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Kasikornbank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Operating Margin

KBANK
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Kasikornbank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Net Margin

KBANK
18.5%
CPI
24.6%

FCF Margin

KBANK
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Kasikornbank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

ROE

KBANK
8.7%
CPI
30.7%

ROA

KBANK
1.1%
CPI
6.5%

ROIC

KBANK
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Kasikornbank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

ROCE

KBANK
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Kasikornbank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
KBANK, CPI

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Performance Gap
KBANK, CPI

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KBANK
CPI
Difference
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Performance By Year
KBANK, CPI

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KBANK
CPI
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