{"id":9024,"date":"2025-04-30T16:47:07","date_gmt":"2025-04-30T11:47:07","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=9024"},"modified":"2025-04-30T16:47:10","modified_gmt":"2025-04-30T11:47:10","slug":"bop-technical-analysis","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/bop-technical-analysis\/","title":{"rendered":"BOP Technical Analysis"},"content":{"rendered":"\n

BOP <\/a><\/strong>price range on monthly chart: 17.73<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

BOP price range on monthly chart: 17.73
June 2023 Low 3.17
November 2016 High 20.90
(20.90-3.17=17.73)
50% of this Range was at 12.03
As a normal rule, when stock reaches 50% of its range for the first time, it bounces back for a correction, which is evident from the monthly chart.
From 3.17, low supporting angles are 1:4 and 1:8<\/p>\n\n\n\n

Financial Overview (FY 2024)<\/h2>\n\n\n\n
    \n
  • Pre-Tax Profit: PKR 24.56 billion \u2014 the highest in the bank’s history.<\/li>\n\n\n\n
  • Net Income: PKR 5.33 billion in Q1 2025, up from PKR 3.51 billion in the previous quarter.<\/li>\n\n\n\n
  • Total Deposits: Increased to PKR 1.71 trillion from PKR 1.52 trillion in 2023, with current account deposits rising 24% to PKR 354 billion.<\/li>\n\n\n\n
  • Total Assets: Expanded to PKR 2.38 trillion.<\/li>\n<\/ul>\n\n\n\n

    Key Financial Ratios<\/h2>\n\n\n\n
      \n
    • P\/E Ratio (TTM): 2.21 \u2014 indicating potential undervaluation.<\/li>\n\n\n\n
    • P\/B Ratio: 0.27 \u2014 suggesting the stock is trading below its book value.<\/li>\n\n\n\n
    • Dividend Yield: 19.35% with an annual dividend of PKR 1.80 per share.<\/li>\n\n\n\n
    • Dividend Payout Ratio: 24.84%, indicating a sustainable dividend policy.<\/li>\n<\/ul>\n\n\n\n

      Operational Efficiency<\/h2>\n\n\n\n
        \n
      • Cost-to-Income Ratio: Improved to 60.76% (adjusted) in 2024.<\/li>\n\n\n\n
      • Administrative Cost-to-Gross Revenue Ratio: 12.2%, compared to the industry average of 15.0%.<\/li>\n\n\n\n
      • Cost per Employee: PKR 2.4 million, below the peer average of PKR 3.6 million.<\/li>\n\n\n\n
      • Cost per Branch: PKR 45.5 million, compared to the peer average of PKR 56.3 million.<\/li>\n<\/ul>\n\n\n\n

        \ud83d\udccc Investment Considerations<\/h2>\n\n\n\n
          \n
        • Valuation: The low P\/E and P\/B ratios suggest that the stock may be undervalued, presenting a potential buying opportunity.<\/li>\n\n\n\n
        • Dividend Income: A high dividend yield of 19.35% offers attractive income for investors.<\/li>\n\n\n\n
        • Operational Efficiency: Improved cost metrics indicate strong management and operational efficiency.<\/li>\n\n\n\n
        • Growth Prospects: The bank’s expansion in deposits and assets, along with strategic investments, positions it well for future growth<\/li>\n<\/ul>\n\n\n
          \n
          \"\"<\/figure>\n<\/div>\n\n\n

          BOP weekly chart
          BOP price range of 10.46 in 90 weeks
          June 2023 Low 3.17
          March 2025 High 13.63
          (13.63-3.17=10.46)
          50% of this Range was at a price of 8.40
          From 3.17, low supporting angles are 1:16 and 1:32
          Look for reversal when price reaches an important angle and an important range percentage.<\/p>\n","protected":false},"excerpt":{"rendered":"

          BOP price range on monthly chart: 17.73<\/p>\n","protected":false},"author":9257,"featured_media":9029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154,127],"tags":[118],"class_list":["post-9024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-technical-analysis","tag-bop"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/04\/Copy-of-Charts4-1140x445.jpg",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/04\/Copy-of-Charts4-463x348.jpg",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/04\/Copy-of-Charts4-300x188.jpg",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/04\/Copy-of-Charts4.jpg",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/9024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/9257"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=9024"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/9024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/9029"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=9024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=9024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=9024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}