PT Bank OCBC NISP Tbk

nisp

Overview

NISP Overview

PT Bank OCBC NISP Tbk (the Bank) is an Indonesia-based company, which is engaged in general banking services. The Bank’s segments include Business Banking, Consumer Banking and Treasury. The Bank’s personal banking services include savings, consumer credit, productive financing, credit cards, bancassurance, mutual funds, premier banking services, private banking services and electronic banking services. Its business banking services include cash management, productive financing, trade finance, trust services and electronic banking services. Its treasury services include foreign exchange and derivatives, debt securities, interest rate derivatives and structured products. Its sharia banking services include sharia funding, sharia retail financing, sharia productive financing and sharia bancassurance. It has approximately 43 branch offices, 145 sub-branch offices and over 10 sharia branch offices. Its subsidiary is PT OCBC NISP Ventura.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: NISP

Main
Market Cap.
IDR 31.65Trillion

~$2.00B USD

Industry
Banks
Sub-Industry
Banks
Sector
Financials
Sub-Sector

Valuation

NISP Valuation Metrics

1,350

IDR

Closing Price on 2024-04-05

Price to Equity

8.26

P/E

At 8.26x P/E TTM, NISP.JK is trading at a discount to its peers in the Banks sector.

Price to Book

0.88

P/B

At 0.88x P/B TTM, NISP.JK is trading in line with its peers in the Banks sector.

Price to Sales

2.78

P/S

At 2.78x P/S TTM, NISP.JK is trading at a discount to its peers in the Banks sector.

Valuing PT Bank OCBC NISP Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Banks sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Bank OCBC NISP Tbk relative to other stocks in the Banks sector

Price/Cash Flow
6.97x
Price/Forward Earnings
-
PEG Ratio
0.83x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR1,3502024-04-05
IDR 1,707.11

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of NISP is IDR1,707, which is 27% higher than NISP's last closing price of IDR1,350 (as of 2024-04-05).

Valuation Recap of NISP stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of 8.26x is above the ID market average of 8.22x and is trading at a discount to peers in the Banks sector (13.79x).
Max 3
High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 0.88x is similar to the peers average of 0.88x in the Banks sector.
Max 3
Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 2.78x is below the peers average of 3.61x in the Banks sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of NISP's valuation relative to its current sales and future earnings growth.
Max 2
Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. NISP's P/CF ratio of 6.97x is considered healthy by analysts.
Max 2
Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of NISP is IDR 1,707.11, which is 27% higher than NISP's last closing price of IDR 1,350.00.●●●
Max 3

Peers

NISP Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
BBCAPT Bank Central Asia Tbk.1,211.18T1,381.45T 98.47T 48.20T 25.135.14
BBRIPT Bank Rakyat Indonesia (Persero) Tbk851.97T1,851.96T 175.51T 56.01T 15.212.78
BMRIPT Bank Mandiri (Persero) Tbk637.00T2,007.16T 135.73T 49.58T 12.852.62
BBNIPT Bank Negara Indonesia (Persero) Tbk197.25T1,086.66T 61.51T 20.91T 9.431.31
BRISPT Bank Syariah Indonesia Tbk124.55T319.85T 19.34T 5.26T 23.703.35
SMMAPT Sinar Mas Multiartha Tbk92.97T106.59T 28.35T 1.10T 84.384.30
DNETPT Indoritel Makmur Internasional Tbk.64.54T20.17T 1.41T 0.95T 68.095.07
MEGABank Mega Tbk60.47T132.12T 7.81T 3.51T 17.222.78
BNGAPT Bank CIMB Niaga Tbk52.37T329.13T 18.53T 6.10T 8.581.11
ARTOPT Bank Jago Tbk.35.84T19.13T 1.74T 0.03T 1398.304.30
Competitiveness Recap of NISP stock
WeightNotesScore
High
At a market cap of IDR 31,654.39 billion, NISP.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.
Max 2
High
At a PE of 8.26, NISP.JK ranks 10 out of 10 companies in the Financials sector for P/E value. The average PE is 27.29 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Financials. In this regard, it trails behind sector leaders such as PT Sinar Mas Multiartha Tbk (84.38) in the Financials sector.
Max 2
Medium
At a PE of 8.26, NISP.JK is trading at a lower PE than that of its subsector peers in Banks (median of 13.79). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.
Max 2
Medium
At a revenue of IDR 11.39 trillion, NISP.JK ranks 8 in Revenue out of 10 companies in the Financials sector.
Max 2
Medium
At a profit of IDR 3.83 trillion, NISP.JK ranks 7 in Profit out of 10 companies in the Financials sector.
Max 2

Future

Future Growth of NISP

Growth Forecasts

No data available

Sector Benchmark

Banks companies in Indonesia are growing at a projected rate of 14.60% against the IDX average of +12.0%.

Banks sector overview
No data is available for NISP at the moment.
Future growth prospect of NISP
WeightNotesScore
High
NISP's projected growth rate of 14.60% is above the ID market average of 11.98%.●●●
Max 3
High
The Banks sub-sector is projected to grow revenue by 33.80% in 2024. This number is higher than the previous year 2023's growth rate of 13.91%. This bodes well for NISP's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Banks sub-sector is projected to increase earnings by 80.01% in 2024. This number is higher than the previous year 2023's EPS growth of 35.28%. This bodes well for NISP's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
NISP and its peers in the Banks sub-sector belongs to the Financials sector. Companies in the Financials sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 75.53% in 2024 while revenue growth is projected to increase by 32.25%. These macroeconomic trends will likely be a tailwind for NISP's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Parwati Surjaudaja15.2 years
Emilya Tjahjadi
Director
Hartati
Director
Martin Widjaja
Director
Andrae Krishnawan W.
Director
Johannes Husin
Director
Joseph Chan Fook Onn
Director
Lili S. Budiana
Director
Ka Jit
Director
NamePositionShares%
Andrae Krishnawan WDirector216,000< 0.01
Emilya TjahjadiDirector216,000< 0.01
HartatiDirector216,000< 0.01
Johannes HusinDirector216,000< 0.01
Joseph Chan Fook OnnDirector216,000< 0.01
Ka JitDirector108,000< 0.01
Lili S BudianaDirector108,000< 0.01
Martin WidjajaDirector216,000< 0.01
Parwati SurjaudajaPresident Director3,208,420< 0.01
Pramukti SurjaudajaPresident Commissioner451,942< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

NISP Ownership

Others
3.36%
Insiders
6.61%
Institutions
90.03%
NameNumber of SharesOwnership (%)Value
Ocbc Overseas Investments Pte. Ltd.19,521,391,22485.0826,353.88B
Public (Scripless)3,179,090,96713.864,291.77B
Public (Scrip)239,642,4191.04323.52B
Parwati Surjaudaja3,208,4200.014.33B

Largest Institutional Buy

No data is available for NISP at the moment.

Largest Institutional Sell

Aberdeen Standard Investments IDR
Sold 31-12-2023
-44,344,480 shares
abrdn Investments Luxembourg S.A.
Sold 31-12-2023
-31,391,190 shares
abrdn Investments Limited
Sold 31-12-2023
-6,186,988 shares

Institutional Transactions

Tracking institutional transactions buying / selling of NISP stock