Financials Patria Bank SA

Equities

End-of-day quote Bucharest S.E. Other stock markets 23:00:00 25/06/2024 BST			5-day change	1st Jan Change
0.083 ^RON	0.00%		-1.19%	+1.22%

06-21	Patria Bank SA agreed to acquire Portfolio of approximately 4,000 retail clients from Alior Bank S.A..	CI
05-15	Patria Bank SA Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	341.1	288.5	287.9	257.1	268.9	272.1	-	-
Enterprise Value (EV) ¹	341.1	288.5	287.9	257.1	268.9	272.1	272.1	272.1
P/E ratio	99.5 x	103 x	28.9 x	13.3 x	10.5 x	8.3 x	8.3 x	-
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	-	1.99 x	1.54 x	1.24 x	1.23 x	1.22 x	1.12 x	-
EV / Revenue	-	1.99 x	1.54 x	1.24 x	1.23 x	1.22 x	1.12 x	-
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	0.88 x	0.94 x	0.78 x	0.7 x	0.75 x	0.69 x	-
Nbr of stocks (in thousands)	3,115,331	3,115,331	3,115,331	3,278,814	3,278,814	3,278,814	-	-
Reference price ²	0.1095	0.0926	0.0924	0.0784	0.0820	0.0830	0.0830	0.0830
Announcement Date	29/04/20	27/02/21	01/03/22	28/02/23	29/02/24	-	-	-

¹RON in Million²RON

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	-	144.7	187.1	206.9	218.4	223	244	-
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	-	26.16	41.29	58.19	61.11	60	75	-
Operating Margin	-	18.09%	22.07%	28.12%	27.98%	26.91%	30.74%	-
Earnings before Tax (EBT) ¹	-	-	17.04	23.34	34.05	25	43	-
Net income ¹	3.416	2.887	9.887	19.23	25.48	20.6	35.8	51
Net margin	-	2%	5.29%	9.29%	11.67%	9.24%	14.67%	-
EPS ²	0.001100	0.000900	0.003200	0.005900	0.007800	0.0100	0.0100	-
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	29/04/20	27/02/21	01/03/22	28/02/23	29/02/24	-	-	-

¹RON in Million²RON

Estimates

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)	-	0.89%	3.03%	5.89%	7.11%	5.5%	8.9%	-
ROA (Net income/ Total Assets)	-	-	0.26%	0.46%	-	0.4%	0.7%	-
Assets ¹	-	-	3,759	4,188	-	5,150	5,114	-
Book Value Per Share ²	-	0.1100	0.1000	0.1000	0.1200	0.1100	0.1200	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-	-
Announcement Date	29/04/20	27/02/21	01/03/22	28/02/23	29/02/24	-	-	-

¹RON in Million²RON

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.083 RON

Average target price

0.095 RON

Spread / Average Target

+14.46%

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