` Comparison: KTB vs CPI - Alpha Spread

KTB
vs
C
CPI

Over the past 12 months, KTB has underperformed CPI, delivering a return of +20% compared to the CPI's +40% growth.

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KTB
CPI
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Valuation Comparison

KTB Intrinsic Value
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CPI Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Krung Thai Bank PCL
SET:KTB
28.5 THB
C
Capitec Bank Holdings Ltd
JSE:CPI
442 318 Zac
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
KTB, CPI

KTB
CPI
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Revenue
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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
Krung Thai Bank 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
KTB, CPI

KTB
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
Krung Thai Bank PCL
SET:KTB
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

KTB
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Krung Thai Bank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Operating Margin

KTB
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Krung Thai Bank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Net Margin

KTB
28.5%
CPI
24.6%

FCF Margin

KTB
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Krung Thai Bank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

ROE

KTB
10.6%
CPI
30.7%

ROA

KTB
1.3%
CPI
6.5%

ROIC

KTB
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Krung Thai Bank PCL
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

ROCE

KTB
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Krung Thai Bank 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
KTB, CPI

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Performance Gap
KTB, CPI

Performance Gap Between KTB and CPI
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Performance By Year
KTB, CPI

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KTB
CPI
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