WallStSmart

HDFC Bank Limited ADR (HDB)vs1st Source Corporation (SRCE)

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Smart Verdict

WallStSmart Research — data-driven comparison

HDFC Bank Limited ADR generates 675404% more annual revenue ($2.85T vs $421.22M). SRCE leads profitability with a 37.6% profit margin vs 26.2%. HDB appears more attractively valued with a PEG of 1.01. SRCE earns a higher WallStSmart Score of 78/100 (B+).

HDB

Strong Buy

78

out of 100

Grade: B+

Growth: 8.0Profit: 7.5Value: 8.7Quality: 5.3
Piotroski: 3/9Altman Z: -0.14

SRCE

Strong Buy

78

out of 100

Grade: B+

Growth: 8.7Profit: 7.5Value: 10.0Quality: 7.5
Piotroski: 6/9Altman Z: 0.59
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Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HDBUndervalued (+11.2%)

Margin of Safety

+11.2%

Fair Value

$36.29

Current Price

$25.79

$10.50 discount

UndervaluedFair: $36.29Overvalued
SRCEUndervalued (+77.1%)

Margin of Safety

+77.1%

Fair Value

$299.99

Current Price

$68.05

$231.94 discount

UndervaluedFair: $299.99Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HDB5 strengths · Avg: 8.8/10
Operating MarginProfitability
34.8%10/10

Strong operational efficiency at 34.8%

Market CapQuality
$130.27B9/10

Large-cap with strong market position

Profit MarginProfitability
26.2%9/10

Keeps 26 of every $100 in revenue as profit

P/E RatioValuation
17.6x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
26.4%8/10

Revenue surging 26.4% year-over-year

SRCE6 strengths · Avg: 9.5/10
P/E RatioValuation
10.6x10/10

Attractively priced relative to earnings

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Profit MarginProfitability
37.6%10/10

Keeps 38 of every $100 in revenue as profit

Operating MarginProfitability
50.0%10/10

Strong operational efficiency at 50.0%

Debt/EquityHealth
0.279/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
16.8%8/10

16.8% revenue growth

Areas to Watch

HDB3 concerns · Avg: 2.7/10
Debt/EquityHealth
1.093/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
-0.142/10

Distress zone — elevated risk

SRCE2 concerns · Avg: 2.5/10
Market CapQuality
$1.66B3/10

Smaller company, higher risk/reward

Altman Z-ScoreHealth
0.592/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : HDB

The strongest argument for HDB centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 26.2% and operating margin at 34.8%. Revenue growth of 26.4% demonstrates continued momentum.

Bull Case : SRCE

The strongest argument for SRCE centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 37.6% and operating margin at 50.0%. Revenue growth of 16.8% demonstrates continued momentum.

Bear Case : HDB

The primary concerns for HDB are Debt/Equity, Piotroski F-Score, Altman Z-Score.

Bear Case : SRCE

The primary concerns for SRCE are Market Cap, Altman Z-Score.

Key Dynamics to Monitor

SRCE carries more volatility with a beta of 0.61 — expect wider price swings.

HDB is growing revenue faster at 26.4% — sustainability is the question.

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

Bottom Line

HDB scores higher overall (78/100 vs 78/100), backed by strong 26.2% margins and 26.4% revenue growth. SRCE offers better value entry with a 77.1% margin of safety. 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.

HDFC Bank Limited ADR

FINANCIAL SERVICES · BANKS - REGIONAL · USA

HDFC Bank Limited offers various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong and Dubai. The company is headquartered in Mumbai, India.

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1st Source Corporation

FINANCIAL SERVICES · BANKS - REGIONAL · USA

1st Source Corporation is the holding company of 1st Source Bank providing commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and commercial clients. The company is headquartered in South Bend, Indiana.

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