Company Valuation: Banco BPM S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 3,990 5,031 7,211 11,729 19,574 19,709 - -
Change - 26.07% 43.33% 62.66% 66.89% 0.69% - -
Enterprise Value (EV) 3,990 5,031 7,211 11,729 19,574 19,709 19,709 19,709
Change - 26.07% 43.33% 62.66% 66.89% 0.69% 0% 0%
P/E ratio 6.95x 7.25x 5.72x 6.14x 9.4x 10.4x 9.8x 9.38x
PBR 0.3x - 0.51x 0.81x 1.26x 1.26x 1.23x 1.2x
PEG - 0.3x 0.1x 0.1x 1.07x -1.19x 1.72x 2.09x
Capitalization / Revenue 0.88x 1.07x 1.35x 2.06x 3.29x 3.19x 3.09x 3x
EV / Revenue 0x 0x 0x 0x 0x 3.19x 3.09x 3x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 5.8x 5.5x 5.27x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.19 - 0.56 1 1 1.004 1.062 1.118
Rate of return 7.2% - 11.7% 12.8% 7.68% 7.67% 8.11% 8.54%
EPS 2 0.38 0.46 0.836 1.273 1.385 1.264 1.336 1.396
Distribution rate 50% - 67% 78.6% 72.2% 79.4% 79.5% 80.1%
Net sales 1 4,511 4,706 5,341 5,704 5,955 6,185 6,386 6,580
EBITDA - - - - - - - -
EBIT 1 1,995 2,166 2,770 3,048 3,216 3,399 3,583 3,743
Net income 1 569.1 703 1,264 1,920 2,082 1,920 2,042 2,132
Net Debt - - - - - - - -
Reference price 2 2.64 3.33 4.78 7.81 13.02 13.10 13.10 13.10
Nbr of stocks (in thousands) 15,11,542 15,08,974 15,08,203 15,01,375 15,03,372 15,05,065 - -
Announcement Date 08/02/22 07/02/23 08/02/24 12/02/25 05/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.36x - - 7.67% 2.29TCr
13.33x - - 2.11% 80TCr
5.81x - - 5.34% 36TCr
11.13x - - 2.37% 35TCr
10.94x - - 4.73% 30TCr
5.81x - - 5.25% 30TCr
6.02x - - 5.19% 26TCr
16.14x - - 2.66% 26TCr
10.53x - - 2.56% 22TCr
14.97x - - 2.58% 21TCr
Average 10.50x 4.05% 30.88TCr
Weighted average by Cap. 10.73x 3.49%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. BAMI Stock
  4. Valuation Banco BPM S.p.A.