Financials BPER Banca S.p.A.

Equities

BPE

IT0000066123

Banks

Market Closed - Borsa Italiana 16:44:59 31/05/2024 BST 5-day change 1st Jan Change
4.931 EUR -.--% Intraday chart for BPER Banca S.p.A. +2.11% +62.95%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,332 2,098 2,572 2,713 4,282 6,966 - -
Enterprise Value (EV) 1 2,332 2,098 2,572 2,713 4,282 6,966 6,966 6,966
P/E ratio 6.03 x 4.38 x 5.02 x 1.92 x - 4.66 x 6.06 x 6.08 x
Yield 3.12% 2.69% 3.29% 6.25% 9.91% 9.65% 8.66% 9.18%
Capitalization / Revenue 1.02 x 0.84 x 0.76 x 0.64 x 0.78 x 1.29 x 1.34 x 1.34 x
EV / Revenue 1.02 x 0.84 x 0.76 x 0.64 x 0.78 x 1.29 x 1.34 x 1.34 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.44 x 0.34 x 0.38 x 0.34 x - 0.67 x 0.65 x 0.61 x
Nbr of stocks (in thousands) 520,172 1,412,808 1,411,052 1,414,117 1,415,162 1,412,762 - -
Reference price 2 4.483 1.485 1.823 1.918 3.026 4.931 4.931 4.931
Announcement Date 05/02/20 03/02/21 08/02/22 08/02/23 07/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,276 2,509 3,388 4,258 5,494 5,414 5,192 5,201
EBITDA - - - - - - - -
EBIT 1 589.1 870.7 900.8 1,471 2,417 2,568 2,291 2,265
Operating Margin 25.89% 34.7% 26.58% 34.53% 43.99% 47.44% 44.13% 43.54%
Earnings before Tax (EBT) 1 416.9 203.6 692.9 1,385 1,725 2,075 1,587 1,574
Net income 1 379.6 245.6 525.1 1,449 1,519 1,482 1,114 1,101
Net margin 16.68% 9.79% 15.5% 34.03% 27.66% 27.37% 21.46% 21.17%
EPS 2 0.7430 0.3390 0.3630 0.9980 - 1.058 0.8130 0.8111
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.1400 0.0400 0.0600 0.1200 0.3000 0.4756 0.4268 0.4529
Announcement Date 05/02/20 03/02/21 08/02/22 08/02/23 07/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,598 897.5 883.7 903.2 1,787 1,027 1,444 1,232 1,334 1,374 1,468 - 1,384 1,347 1,343
EBITDA - - - - - - - - - - - - - - -
EBIT 487 39.21 325.3 313.4 638.7 372.9 459.1 502.1 649.8 738.1 386.1 - - - -
Operating Margin 30.47% 4.37% 36.81% 34.69% 35.74% 36.31% 31.78% 40.75% 48.71% 53.73% 26.3% - - - -
Earnings before Tax (EBT) 1 - -144.3 158.3 1,372 - 108.6 -254.3 387.6 533.3 536.3 267.5 611.3 514.2 579.8 287.7
Net income 501.8 -61.1 112.7 1,272 1,385 81.6 -17.4 290.7 413.9 382.5 432.4 457.3 - - -
Net margin 31.39% -6.81% 12.75% 140.85% 77.5% 7.94% -1.2% 23.59% 31.03% 27.85% 29.46% - - - -
EPS - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 04/08/21 08/02/22 09/05/22 05/08/22 05/08/22 07/11/22 08/02/23 09/05/23 02/08/23 08/11/23 07/02/24 08/05/24 - - -
1EUR in Million
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) 8.66% 4.58% 8.66% 7.94% 24.2% 13% 10.7% 9.71%
ROA (Net income/ Total Assets) 0.5% 0.29% 0.41% 0.35% 1.24% 0.98% 0.78% 0.73%
Assets 1 75,917 84,707 128,079 413,993 122,540 151,182 143,755 150,840
Book Value Per Share 2 10.10 4.390 4.750 5.610 - 7.310 7.530 8.030
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 05/02/20 03/02/21 08/02/22 08/02/23 07/02/24 - - -
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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
4.931 EUR
Average target price
5.622 EUR
Spread / Average Target
+14.01%
Consensus

Quarterly revenue - Rate of surprise

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