Added to YB: 2025-03-11
Pitch date: 2025-03-09
HSBK.IL [bullish]
Halyk Bank of Kazakhstan Joint Stock Company
+40.3%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.
Company Info
Halyk Bank of Kazakhstan Joint Stock Company, together with its subsidiaries, provides corporate and retail banking services primarily in the Republic of Kazakhstan, Kyrgyzstan, Georgia, and Uzbekistan.
Market Cap
$3.4T
Pitch Price
$260.01
Price Target
N/A
Dividend
12.64%
EV/EBITDA
N/A
P/E
3.32
EV/Sales
N/A
Sector
Banks
Category
value
Halyk Bank of Kazakhstan - $HSBK.IL
HSBK.IL: Kazakhstan's largest bank, 17% EPS CAGR in USD. 30% ROE, 20% cost/income ratio. Super app with 8M MAU. Trading at 3x P/E, ~10% dividend yield. Risks: NPL formation in retail lending, anti-corruption fines, Ukraine war impact. Upside if war resolves, but near-term headwinds from potential interest rate drop.
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