UCO Bank (UCOBANK) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of UCO Bank ₹18.31, price ₹22.93, upside -20.2%, quality 34 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch UCO Bank for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 1, 2026.
How to read this chart
60‑month range ₹10.24 – ₹66.05 · fair‑value band ₹17.67 – ₹22.34 · the ₹22.93 price screens above the ₹18.31 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 1, 2026.
Follow UCO Bank in your weekly email
Every Wednesday you see whether UCO Bank is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
UCO Bank provides various banking and financial services in India and internationally. The company's deposit products include current accounts, saving accounts, fixed deposits, recurring deposits, accounts in foreign currency, and fee collection accounts.
Show more
UCO Bank provides various banking and financial services in India and internationally. The company's deposit products include current accounts, saving accounts, fixed deposits, recurring deposits, accounts in foreign currency, and fee collection accounts. It also offers agri, home, education, gold, personal, vehicle, and mortgage loans; finance to micro and small enterprises; working capital financing; term loans; infrastructure finance; and agriculture credit. In addition, the company provides life, health, and general insurance products; credit and debit cards; internet banking services; and international banking services, such as NRI banking, foreign currency loans, finance to exporters and importers, remittances, forex and treasury services, resident foreign currency deposits, and correspondent banking services to Indian customers, corporates, NRIs, overseas corporate bodies, foreign companies/individuals, and foreign banks. Further, it provides government deposit schemes/bonds, pension payments/schemes, and tax collection services; merchant banking services; sovereign gold bonds; and mutual funds. The company was formerly known as The United Commercial Bank Ltd. and changed its name to UCO Bank in 1985. UCO Bank was incorporated in 1943 and is headquartered in Kolkata, India.
Stock analysis
UCO Bank (UCOBANK) currently trades at ₹22.93, while our model-based Fair Value estimate is ₹18.31, 20.2% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ₹28.69 per share, and 3 of the 6 models we run sit above the ₹22.93 price.
Bear case: the Dividend Discount group reads lowest at ₹5.90, and 3 of the 6 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹17.67 (bear) to ₹22.34 (bull), the price of ₹22.93 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 34/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
UCO Bank reported revenue of ₹284B in FY2026 versus ₹181B in FY2022, a compound +12.0%/yr. Reported net income was ₹27.7B in FY2026, compounding +31.4%/yr from FY2022.
Key figures
Market cap ₹287B (≈ $3.0B) · P/E ratio 10.2 · P/S ratio 0.99 · EPS (TTM) ₹2.25 · Dividend yield 1.9% · Net margin 9.7% · Return on equity 8.5% · Return on assets (EBIT) 0.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 31% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −36% fair-value upside, at −20%, UCOBANK screens cheaper than that median.
Fair Value models
Bear ₹17.67Fair Value ₹18.31Bull ₹22.34
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹0.9174 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.53/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+5.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.7%
Start year 2021 (pandemic). Over 10 years: +3.4% a year
Revenue growth 22 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.7%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+38.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+36.1%
Dividend (yield on the price)1.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.36.1% vs 5.3%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.0% → 15%
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1056 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score35 · Bottom 25%
Fair Value upside−20.2% · Below median
Profitability
Return on equity (TTM)8.5% · Below median
Return on assets0.7% · Below median
Net margin (TTM)21.5% · Below median
Operating margin (TTM)60.4% · Top 25%
Growth and dividend
Revenue growth53.0% · Top 25%
Dividend yield (TTM)1.9% · Below median
Balance sheet
Debt / equity0.48× · Above median
Valuation Multiplesvs Banks - Regional median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "UCO Bank Fair Value". https://www.fairvalue-calculator.com/stock/UCOBANK
Frequently asked questions
Is UCO Bank (UCOBANK) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of ₹18.31 versus a price of ₹22.93, about −20% upside (overvalued).
What is the fair value of UCOBANK?
Our model-based fair value for UCO Bank is ₹18.31 (as of Oct 1, 2026), built from audited fundamentals. The current price: ₹22.93.
What is the quality score of UCOBANK?
UCO Bank has a Quality Score of 34/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for UCO Bank (UCOBANK)?
Our model-based price target is the fair value of ₹18.31 (as of Oct 1, 2026) from 6 valuation models. Cautious scenario ₹17.67, optimistic scenario ₹22.34. It is a calculation from audited fundamentals, not an analyst target.
What is the UCO Bank stock forecast for 2026?
Our models put fair value at ₹18.31, about −20% upside versus a price of ₹22.93 (overvalued). Cautious scenario ₹17.67, optimistic scenario ₹22.34. The calculation is refreshed regularly with new filings.
What is the revenue of UCO Bank (UCOBANK)?
UCO Bank reported trailing-twelve-month revenue of about ₹131B (latest available figure, as of Oct 1, 2026).
Does UCO Bank pay a dividend?
UCO Bank currently shows a dividend yield of about 1.92% relative to its recent price (as of Oct 1, 2026).
What is the intrinsic value of UCO Bank (UCOBANK)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For UCO Bank it is ₹18.31 per share (as of Oct 1, 2026), against a price of ₹22.93. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is UCO Bank stock overvalued or undervalued in 2026?
As of Oct 1, 2026, UCOBANK trades above its calculated fair value: price ₹22.93, fair value ₹18.31, a gap of about −20% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of UCOBANK?
No. The price is what the market pays today (₹22.93); the fair value is what the company's own numbers justify (₹18.31). For UCO Bank the two are ₹4.62 per share apart. That gap is exactly why we show both numbers side by side.
How much is UCO Bank worth?
The market values UCO Bank at about ₹287B (market capitalisation, as of Oct 1, 2026). Per share that is ₹22.93; our models calculate a fair value of ₹18.31 per share.
What do the bullish and bearish scenarios say about UCOBANK?
Our models span a range for UCO Bank: cautious scenario ₹17.67, base ₹18.31, optimistic ₹22.34 per share (as of Oct 1, 2026, price ₹22.93). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of UCOBANK?
UCO Bank trades at a price-to-earnings ratio of 10.2 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹18.31 is built from several models across several years. Other multiples: P/B 0.9, P/S 2.2, EV/EBITDA 4.4.
How solid is the balance sheet of UCO Bank (UCOBANK)?
Balance-sheet figures for UCO Bank (as of Oct 1, 2026): return on equity 8.5%, debt of 0.48 per unit of equity. They feed the Quality Score of 34/100, which measures business quality independently of the share price.
How far is UCOBANK from its 52-week high?
UCO Bank trades at ₹22.93, about 31% below its 52-week high of ₹33.03 and 4% above the low of ₹22.08 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹18.31 is for.
Which stocks are comparable to UCO Bank?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is UCO Bank stock attractive at the current price?
The data as of Oct 1, 2026: price ₹22.93, calculated fair value ₹18.31 (−20%), Quality Score 34/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of UCOBANK calculated?
We run UCO Bank through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹18.31, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. UCO Bank itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of UCO Bank (UCOBANK)?
The closing price on Oct 1, 2026 was ₹22.93. Our model-based fair value is ₹18.31, about −20% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with UCO Bank right now?
The price sits above even our optimistic bull case (₹22.34). The favourable scenario is already priced in. Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of UCO Bank
How large is the market capitalisation of UCO Bank (UCOBANK)?
The market capitalisation of UCO Bank is ₹287B (≈ $3.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of UCO Bank (UCOBANK)?
The price-to-sales ratio of UCO Bank is 0.99 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of UCO Bank (UCOBANK)?
Earnings per share at UCO Bank are ₹2.25 (price ÷ EPS = P/E 10.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of UCO Bank (UCOBANK)?
The dividend yield of UCO Bank is 1.9% (payout 19.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of UCO Bank (UCOBANK)?
The net margin of UCO Bank is 9.7% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of UCO Bank (UCOBANK)?
The return on equity (ROE) of UCO Bank is 8.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of UCO Bank (UCOBANK)?
On an EBIT basis the return on assets of UCO Bank is 0.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of UCO Bank (UCOBANK)?
The operating margin of UCO Bank is 60.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at UCO Bank (UCOBANK)?
Revenue at UCO Bank is growing +53.0% versus a year earlier (3y avg +12.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at UCO Bank (UCOBANK)?
Earnings per share at UCO Bank are growing +8.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does UCO Bank (UCOBANK) generate?
The free cash flow of UCO Bank is −₹112B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does UCO Bank (UCOBANK) hold?
UCO Bank holds more cash than debt, ₹5.7B net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch UCO Bank in the live analysis
One click puts UCO Bank on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
