Financials Banco Santander Euronext Lisbonne

Equities

SANT

ES0113900J37

Banks

Real-time Estimate Tradegate 01:29:57 25/05/2024 am IST 5-day change 1st Jan Change
4.75 EUR 0.00% Intraday chart for Banco Santander -5.04% -21.23%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 61,963 43,978 50,197 46,383 60,030 73,999 - -
Enterprise Value (EV) 1 61,963 43,978 50,197 46,383 60,030 73,999 73,999 73,999
P/E ratio 10.3 x -4.72 x 6.74 x 5.2 x 5.81 x 6.48 x 6.28 x 5.95 x
Yield 6.17% 1.08% 3.4% 4.2% 3.72% 4.08% 4.36% 4.65%
Capitalization / Revenue 1.25 x 0.99 x 1.08 x 0.89 x 1.05 x 1.21 x 1.19 x 1.17 x
EV / Revenue 1.25 x 0.99 x 1.08 x 0.89 x 1.05 x 1.21 x 1.19 x 1.17 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.62 x 0.54 x 0.58 x 0.52 x 0.58 x 0.73 x 0.68 x 0.63 x
Nbr of stocks (in thousands) 1,73,34,321 1,73,27,859 1,70,71,070 1,65,50,713 1,58,82,962 1,55,70,497 - -
Reference price 2 3.575 2.538 2.940 2.802 3.780 4.752 4.752 4.752
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 49,494 44,600 46,404 52,117 57,423 60,975 62,013 63,411
EBITDA - - - - - - - -
EBIT 1 26,214 23,633 24,989 28,251 32,222 34,933 34,973 35,442
Operating Margin 52.96% 52.99% 53.85% 54.21% 56.11% 57.29% 56.4% 55.89%
Earnings before Tax (EBT) 1 12,543 -2,076 14,547 15,250 16,698 18,261 18,778 19,168
Net income 1 6,515 -8,771 8,124 9,605 11,076 11,399 11,631 11,770
Net margin 13.16% -19.67% 17.51% 18.43% 19.29% 18.69% 18.76% 18.56%
EPS 2 0.3469 -0.5380 0.4360 0.5390 0.6500 0.7337 0.7563 0.7990
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2204 0.0275 0.1000 0.1178 0.1405 0.1938 0.2074 0.2210
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 22,518 22,695 11,778 12,305 12,815 25,120 13,474 13,523 13,922 14,088 28,010 14,861 14,552 15,045 15,536 15,359 15,225 15,744
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 11,865 12,318 6,141 6,770 6,915 13,685 7,349 7,217 7,790 7,965 15,755 8,379 8,088 8,833 9,292 9,088 8,642 9,109
Operating Margin 52.69% 54.28% 52.14% 55.02% 53.96% 54.48% 54.54% 53.37% 55.95% 56.54% 56.25% 56.38% 55.58% 58.71% 59.81% 59.17% 56.76% 57.85%
Earnings before Tax (EBT) 1 - - 3,831 4,171 3,744 7,915 3,846 3,489 3,832 4,258 8,090 4,447 3,922 4,583 4,807 4,581 4,375 -
Net income 1 -10,798 3,675 2,275 2,543 2,351 4,894 2,422 2,289 2,571 2,670 5,241 2,902 2,933 2,852 3,437 3,125 2,783 -
Net margin -47.95% 16.19% 19.32% 20.67% 18.35% 19.48% 17.98% 16.93% 18.47% 18.95% 18.71% 19.53% 20.16% 18.96% 22.12% 20.35% 18.28% -
EPS 2 - - 0.1240 0.1410 0.1300 - 0.1370 0.1310 0.1500 0.1600 - 0.1700 0.1800 0.1700 0.1930 0.1866 0.1546 -
Dividend per Share 2 - - 0.0515 - - - - - - - - - - - - - 0.1945 -
Announcement Date 29/07/20 28/07/21 02/02/22 26/04/22 28/07/22 28/07/22 26/10/22 02/02/23 25/04/23 26/07/23 26/07/23 25/10/23 31/01/24 30/04/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 6.62% 5.68% 10.3% 10.7% 11.9% 11.8% 11.1% 10.9%
ROA (Net income/ Total Assets) 0.54% 0.4% 0.65% 0.63% 0.69% 0.6% 0.63% 0.63%
Assets 1 12,06,481 -21,92,750 12,49,846 15,24,603 16,05,217 18,90,366 18,58,020 18,83,228
Book Value Per Share 2 5.770 4.710 5.090 5.380 6.560 6.520 6.980 7.540
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
4.784 EUR
Average target price
5.437 EUR
Spread / Average Target
+13.66%
Consensus