Company Valuation: Commerzbank AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 8,377 11,066 13,345 18,140 39,584 37,354 - -
Change - 32.1% 20.59% 35.93% 118.21% -5.63% - -
Enterprise Value (EV) 8,377 11,066 13,345 18,140 39,584 37,354 37,354 37,354
Change - 32.1% 20.59% 35.93% 118.21% -5.63% 0% 0%
P/E ratio 29.1x - 6.6x 7.56x 17.5x 11.3x 9.35x 7.79x
PBR 0.33x - 0.48x 0.6x - 1.19x 1.12x 1.05x
PEG - - - 0.3x -18.2x 0.2x 0.5x 0.4x
Capitalization / Revenue 0.99x 1.17x 1.28x 1.63x 3.25x 2.82x 2.66x 2.51x
EV / Revenue 0x 0x 0x 0x 0x 2.82x 2.66x 2.51x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 6.06x 5.44x 5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - 0.35 0.65 - 1.412 1.774 2.099
Rate of return - - 3.25% 4.13% - 4.09% 5.13% 6.07%
EPS 2 0.23 - 1.63 2.08 2.06 3.064 3.695 4.438
Distribution rate - - 21.5% 31.3% - 46.1% 48% 47.3%
Net sales 1 8,459 9,461 10,461 11,106 12,171 13,230 14,059 14,864
EBITDA - - - - - - - -
EBIT 1 1,753 2,975 4,039 4,580 5,231 6,161 6,866 7,473
Net income 1 430 1,435 2,224 2,677 2,625 3,302 3,772 4,220
Net Debt - - - - - - - -
Reference price 2 6.69 8.84 10.76 15.72 36.10 34.56 34.56 34.56
Nbr of stocks (in thousands) 1,252,358 1,252,358 1,240,223 1,153,591 1,096,524 1,080,847 - -
Announcement Date 17/02/22 16/02/23 15/02/24 13/02/25 11/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.28x - - 4.09% 43.85B
14.24x - - 2.06% 831B
12.06x - - 2.28% 375B
5.9x - - 5.24% 366B
11.71x - - 4.53% 310B
5.67x - - 5.37% 288B
12.21x - - 2.19% 264B
5.93x - - 5.27% 251B
15.25x - - 2.82% 240B
28.23x - - 2.76% 217B
Average 12.25x 3.66% 318.63B
Weighted average by Cap. 12.17x 3.39%

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. CBK Stock
  4. Valuation Commerzbank AG