Financials Berner Kantonalbank AG Berne S.E.

Equities

BEKN

CH0009691608

Banks

Real-time Estimate Cboe Europe 01:10:52 24/05/2024 pm IST 5-day change 1st Jan Change
238 CHF -1.63% Intraday chart for Berner Kantonalbank AG 0.00% +3.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,806 2,055 2,108 1,871 2,055 2,186
Enterprise Value (EV) 1 3,833 3,909 3,040 2,847 2,865 4,017
P/E ratio 13.2 x 14.9 x 14.2 x 12.1 x 12.9 x 12.5 x
Yield 4.11% 3.78% 3.86% 4.54% 4.31% 4.24%
Capitalization / Revenue 4.72 x 5.08 x 5.1 x 4.04 x 4.23 x 4.11 x
EV / Revenue 10 x 9.67 x 7.36 x 6.14 x 5.9 x 7.55 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.7 x 0.78 x 0.8 x 0.69 x 0.74 x 0.75 x
Nbr of stocks (in thousands) 9,269 9,255 9,245 9,240 9,237 9,261
Reference price 2 194.8 222.0 228.0 202.5 222.5 236.0
Announcement Date 13/03/19 06/03/20 19/03/21 01/03/22 16/03/23 31/03/24
1CHF in Million2CHF
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 382.8 404.1 413.2 463.5 485.7 532.3
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 175.3 171.8 171.4 190.3 189.5 229.9
Net income 1 140.8 142.9 148.4 154.9 159.6 174.9
Net margin 36.78% 35.36% 35.91% 33.43% 32.86% 32.86%
EPS 2 14.71 14.93 16.06 16.77 17.24 18.94
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 8.000 8.400 8.800 9.200 9.600 10.00
Announcement Date 13/03/19 06/03/20 19/03/21 01/03/22 16/03/23 31/03/24
1CHF in Million2CHF
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,027 1,854 932 976 810 1,831
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 5.55% 5.49% 5.62% 5.79% 5.83% 6.19%
ROA (Net income/ Total Assets) 0.47% 0.45% 0.43% 0.41% 0.41% 0.44%
Assets 1 29,949 31,763 34,684 37,716 39,382 39,910
Book Value Per Share 2 278.0 285.0 286.0 293.0 299.0 313.0
Cash Flow per Share 2 389.0 541.0 853.0 932.0 911.0 844.0
Capex 1 32.9 47.5 56.1 41.3 65.5 53.4
Capex / Sales 8.6% 11.75% 13.58% 8.91% 13.48% 10.02%
Announcement Date 13/03/19 06/03/20 19/03/21 01/03/22 16/03/23 31/03/24
1CHF in Million2CHF
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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