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ForteBank JSC ASBN

Morningstar Rating
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ASBN is trading at a 156% premium.
Price
KZT 6.94
Fair Value
KZT 1.34
Uncertainty
Very High
1-Star Price
KZT 18.36
5-Star Price
KZT 7.45
Economic Moat
Yjw
Capital Allocation
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Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
5.42
Price/Sales
2.53
Dividend Yield (Trailing)
8.09%
Dividend Yield (Forward)
9.61%
Total Yield
8.09%

Company Profile

ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Mid Value
Total Number of Employees
3,736

Comparables

Valuation

Metric
ASBN
TSBN
HSBK
Price/Earnings (Normalized)
5.423.50
Price/Book Value
1.471.931.11
Price/Sales
2.530.211.90
Price/Cash Flow
2.49
Price/Earnings
ASBN
TSBN
HSBK

Financial Strength

Metric
ASBN
TSBN
HSBK
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
ASBN
TSBN
HSBK
Return on Assets (Normalized)
3.89%4.56%4.87%
Return on Equity (Normalized)
30.18%22.47%34.21%
Return on Invested Capital (Normalized)
Return on Assets
ASBN
TSBN
HSBK
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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PNC
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ITUB
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TFC
Truist Financial CorpHmbrvxxVhtsjm$52.3 Bil
MFG
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LYG
Lloyds Banking Group PLC ADRRrwwykcWckrpx$42.5 Bil
NWG
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DB
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