Company Valuation: Santander Bank Polska S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 18,977 35,613 26,508 50,052 46,762 56,061 56,061 -
Change - 87.67% -25.57% 88.82% -6.57% 19.89% 0% -
Enterprise Value (EV) 18,977 35,613 26,508 50,052 46,762 56,061 56,061 56,061
Change - 87.67% -25.57% 88.82% -6.57% 19.89% 0% 0%
P/E ratio 18.3x 32x 9.47x 10.4x 8.97x 8.6x 10.1x 8.72x
PBR 0.66x 1.31x 0.88x 1.49x 1.36x 1.66x 1.63x 1.53x
PEG - 4.45x 0x 0.1x 1.14x 0.4x -1.08x 0.5x
Capitalization / Revenue 2.19x 3.87x 2.14x 3.16x 2.79x 3.56x 3.58x 3.37x
EV / Revenue 0x 0x 0x 0x 0x 3.41x 3.58x 3.37x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 4.99x 5.47x 5.18x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - 2.68 2.68 23.3 44.63 46.23 38.86 43.84
Rate of return - 0.77% 1.03% 4.76% 9.75% 8.43% 7.08% 7.99%
EPS 2 10.15 10.88 27.39 47.28 51.01 63.4 54.21 62.91
Distribution rate - 24.6% 9.78% 49.3% 87.5% 77.3% 71.7% 69.7%
Net sales 1 8,647 9,210 12,411 15,833 16,783 15,651 15,680 16,616
EBITDA - - - - - - - -
EBIT 1 4,159 3,722 7,863 11,118 12,067 11,056 10,248 10,825
Net income 1 1,037 1,112 2,799 4,831 5,213 6,479 5,164 6,304
Net Debt - - - - - - - -
Reference price 2 185.70 348.50 259.40 489.80 457.60 548.60 548.60 548.60
Nbr of stocks (in thousands) 102,189 102,189 102,189 102,189 102,189 102,189 102,189 -
Announcement Date 03/02/21 02/02/22 02/02/23 31/01/24 05/02/25 04/02/26 - -
1PLN in Million2PLN
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.17x - - 8.43% 15.21B
13.3x - - 2.21% 781B
5.66x - - 5.49% 349B
11.22x - - 2.47% 349B
10.75x - - 4.91% 286B
5.42x - - 5.51% 271B
11.51x - - 2.34% 248B
5.44x - - 5.58% 235B
14.23x - - 3.02% 228B
26.49x - - 2.93% 202B
Average 11.32x 4.29% 296.4B
Weighted average by Cap. 11.37x 3.61%

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

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  3. SPL Stock
  4. Valuation Santander Bank Polska S.A.