Added to YB: 2025-03-31
Pitch date: 2025-03-27
HSBK.L [bullish]
Halyk Bank of Kazakhstan Joint Stock Company
+37.66%
current return
Author Info
@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter
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
$20.23
Price Target
18.00 (-35%)
Dividend
12.64%
EV/EBITDA
N/A
P/E
3.32
EV/Sales
N/A
Sector
Banks
Category
value
Undervalued and Dominant: Why Halyk Bank Could Double in Price
HSBK.L: Kazakh bank, ROE 37.5% Q4, 34% 2024. Trading below book, 3.2x trailing P/E. 2025 guidance: $2.2B earnings, 7.5% NIM, 30-33% ROE. Dominant market share, 10-yr avg ROE 28%. 20% annual equity growth, 17% yield. Strong macro: 6% GDP growth. Worth 2x current price. 25% annual return potential.
Read full article (2 min)