Citizens Development Business Finance PLC (CDB) - Fundamental Analysis & Investment Opportunity
CDB PLC has shown impressive growth and financial stability, making it a great choice for long-term investors. Here's a quick breakdown:
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📈 Current Market Price: LKR 247 🚀
💡 Investment Recommendation: BUY – CDB's strong financials, improving asset quality, and attractive valuation make it a great long-term investment opportunity.
🔹 Strategy:
Hold for long-term capital growth.
Expect steady dividends.
🔹 Net Asset Value Per Share (NAVPS): LKR 324.13, highlighting a solid financial position.
📊 Fair Value Estimation:💰 P/E Ratio Method:
EPS: LKR 36.95
Industry P/E: 10x
Fair Value: LKR 369.50
💰 P/BV Ratio Method:
NAVPS: LKR 324.13
Industry P/BV: 0.90x
Fair Value: LKR 291.72
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