National Bank of Pakistan
National Bank of Pakistan operates in Consumer Finance.
National Bank of Pakistan (NBP) - Net Assets
Latest net assets as of June 2024: PKRs386.48 Billion PKR
Based on the latest financial reports, National Bank of Pakistan (NBP) has net assets worth PKRs386.48 Billion PKR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs7.11 Trillion) and total liabilities (PKRs6.72 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | PKRs386.48 Billion |
| % of Total Assets | 5.44% |
| Annual Growth Rate | 11.97% |
| 5-Year Change | 66.13% |
| 10-Year Change | N/A |
| Growth Volatility | 8.57 |
National Bank of Pakistan - Net Assets Trend (2016–2023)
This chart illustrates how National Bank of Pakistan's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for National Bank of Pakistan (2016–2023)
The table below shows the annual net assets of National Bank of Pakistan from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | PKRs397.41 Billion | +28.07% |
| 2022-12-31 | PKRs310.30 Billion | +5.18% |
| 2021-12-31 | PKRs295.02 Billion | +7.51% |
| 2020-12-31 | PKRs274.40 Billion | +14.71% |
| 2019-12-31 | PKRs239.22 Billion | +13.34% |
| 2018-12-31 | PKRs211.06 Billion | +17.47% |
| 2017-12-31 | PKRs179.68 Billion | -0.26% |
| 2016-12-31 | PKRs180.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Bank of Pakistan's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 304.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs225.69 Billion | 56.95% |
| Other Components | PKRs170.59 Billion | 43.05% |
| Total Equity | PKRs396.28 Billion | 100.00% |
National Bank of Pakistan Competitors by Market Cap
The table below lists competitors of National Bank of Pakistan ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ancang Construction Corp Ltd.
TWO:5548
|
$6.58K |
|
Binary Helix SA
WAR:BHX
|
$6.58K |
|
Vinacomin Viet Bac Mining Industry Holding Corp
VN:MVB
|
$6.58K |
|
HUDLAND Real Estate Investment and Development
VN:HLD
|
$6.58K |
|
MYOMO INC. NEW DL-0001
F:0M61
|
$6.58K |
|
SOCIETE GENERALE GHANA LIMITED
GSE:SOGEGH
|
$6.57K |
|
PSVM11F
SA:PSVM11F
|
$6.57K |
|
TEXHONG TEXTILE GRP HD-10
F:T1TA
|
$6.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Bank of Pakistan's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 309,227,094,000 to 396,279,805,000, a change of 87,052,711,000 (28.2%).
- Net income of 53,101,601,000 contributed positively to equity growth.
- Dividend payments of 7,142,000 reduced retained earnings.
- Other factors increased equity by 33,958,252,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs53.10 Billion | +13.4% |
| Dividends Paid | PKRs7.14 Million | -0.0% |
| Other Changes | PKRs33.96 Billion | +8.57% |
| Total Change | PKRs- | 28.15% |
Book Value vs Market Value Analysis
This analysis compares National Bank of Pakistan's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.26x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | PKRs84.07 | PKRs190.00 | x |
| 2018-12-31 | PKRs98.81 | PKRs190.00 | x |
| 2019-12-31 | PKRs112.04 | PKRs190.00 | x |
| 2020-12-31 | PKRs128.55 | PKRs190.00 | x |
| 2021-12-31 | PKRs138.19 | PKRs190.00 | x |
| 2022-12-31 | PKRs145.35 | PKRs190.00 | x |
| 2023-12-31 | PKRs186.26 | PKRs190.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Bank of Pakistan utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.23%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 16.83x
- Recent ROE (13.40%) is above the historical average (10.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.84% | 26.80% | 0.04x | 11.04x | PKRs5.10 Billion |
| 2017 | 12.96% | 26.68% | 0.04x | 13.28x | PKRs5.29 Billion |
| 2018 | 9.47% | 20.17% | 0.04x | 13.34x | PKRs-1.11 Billion |
| 2019 | 6.96% | 15.10% | 0.04x | 13.14x | PKRs-7.25 Billion |
| 2020 | 11.15% | 21.54% | 0.05x | 11.03x | PKRs3.14 Billion |
| 2021 | 9.73% | 21.12% | 0.04x | 13.12x | PKRs-800.53 Million |
| 2022 | 9.97% | 20.41% | 0.03x | 16.98x | PKRs-88.12 Million |
| 2023 | 13.40% | 25.23% | 0.03x | 16.83x | PKRs13.47 Billion |
Industry Comparison
This section compares National Bank of Pakistan's net assets metrics with peer companies in the Banking Services industry.
Industry Context
- Industry: Banking Services
- Average net assets among peers: $95,514,777,400
- Average return on equity (ROE) among peers: 14.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Bank of Pakistan (NBP) | PKRs386.48 Billion | 12.84% | 17.40x | $6.58K |
| Allied Bank Ltd (ABL) | $117.21 Billion | 12.36% | 11.66x | $5.50K |
| Askari Bank Ltd (AKBL) | $97.70 Billion | 22.00% | 20.76x | $2.66K |
| Bank Alfalah Ltd (BAFL) | $89.28 Billion | 14.61% | 10.95x | $3.50K |
| Bank Al-Habib Ltd (BAHL) | $80.44 Billion | 22.31% | 17.93x | $5.16K |
| Bank Islami Pakistan Ltd (BIPL) | $15.28 Billion | 2.19% | 13.19x | $836.74 |
| Bank of Khyber (BOK) | $15.40 Billion | 11.63% | 14.92x | $1.18K |
| Faysal Bank Ltd (FABL) | $35.01 Billion | 12.29% | 11.70x | $2.92K |
| Habib Bank Ltd (HBL) | $283.69 Billion | 12.35% | 14.22x | $9.01K |
| MCB Bank Ltd (MCB) | $177.57 Billion | 17.56% | 10.95x | $12.47K |
| Meezan Bank Ltd (MEBL) | $43.58 Billion | 20.56% | 20.61x | $14.12K |