WallStSmart

Credicorp Ltd (BAP)vsICICI Bank Limited (IBN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ICICI Bank Limited generates 9198% more annual revenue ($1.92T vs $20.70B). BAP leads profitability with a 33.5% profit margin vs 27.5%. IBN appears more attractively valued with a PEG of 0.53. BAP earns a higher WallStSmart Score of 75/100 (B).

BAP

Strong Buy

75

out of 100

Grade: B

Growth: 8.0Profit: 8.0Value: 7.3Quality: 4.3
Piotroski: 6/9Altman Z: -0.02

IBN

Strong Buy

69

out of 100

Grade: B-

Growth: 5.3Profit: 8.0Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BAPUndervalued (+70.3%)

Margin of Safety

+70.3%

Fair Value

$1157.36

Current Price

$338.90

$818.46 discount

UndervaluedFair: $1157.36Overvalued
IBNSignificantly Overvalued (-191.4%)

Margin of Safety

-191.4%

Fair Value

$10.68

Current Price

$26.31

$15.63 premium

UndervaluedFair: $10.68Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BAP5 strengths · Avg: 8.8/10
Profit MarginProfitability
33.5%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
43.0%10/10

Strong operational efficiency at 43.0%

P/E RatioValuation
13.3x8/10

Attractively priced relative to earnings

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

EPS GrowthGrowth
42.2%8/10

Earnings expanding 42.2% YoY

IBN5 strengths · Avg: 8.8/10
Operating MarginProfitability
34.0%10/10

Strong operational efficiency at 34.0%

Market CapQuality
$95.10B9/10

Large-cap with strong market position

Profit MarginProfitability
27.5%9/10

Keeps 28 of every $100 in revenue as profit

PEG RatioValuation
0.538/10

Growing faster than its price suggests

P/E RatioValuation
16.6x8/10

Attractively priced relative to earnings

Areas to Watch

BAP3 concerns · Avg: 2.0/10
PEG RatioValuation
4.552/10

Expensive relative to growth rate

Free Cash FlowQuality
$-635.27M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
-0.022/10

Distress zone — elevated risk

IBN2 concerns · Avg: 3.0/10
Revenue GrowthGrowth
3.0%4/10

3.0% revenue growth

EPS GrowthGrowth
-3.7%2/10

Earnings declined 3.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : BAP

The strongest argument for BAP centers on Profit Margin, Operating Margin, P/E Ratio. Profitability is solid with margins at 33.5% and operating margin at 43.0%.

Bull Case : IBN

The strongest argument for IBN centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 27.5% and operating margin at 34.0%. PEG of 0.53 suggests the stock is reasonably priced for its growth.

Bear Case : BAP

The primary concerns for BAP are PEG Ratio, Free Cash Flow, Altman Z-Score.

Bear Case : IBN

The primary concerns for IBN are Revenue Growth, EPS Growth.

Key Dynamics to Monitor

BAP carries more volatility with a beta of 0.90 — expect wider price swings.

BAP is growing revenue faster at 5.0% — sustainability is the question.

Monitor BANKS - REGIONAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BAP scores higher overall (75/100 vs 69/100), backed by strong 33.5% margins. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Credicorp Ltd

FINANCIAL SERVICES · BANKS - REGIONAL · USA

Credicorp Ltd., a financial services holding company, offers various financial, insurance and health products and services primarily in Peru and internationally. The company is headquartered in Lima, Peru.

ICICI Bank Limited

FINANCIAL SERVICES · BANKS - REGIONAL · USA

ICICI Bank Limited offers various banking products and financial services in India and internationally. The company is headquartered in Mumbai, India.

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