Overvalued Assumptions Will Crumble As Margins Decline

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

27 Dec 24

Updated

24 Nov 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

104.1%

7D

2.7%

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1Y

104.1%

7D

2.7%

You can edit this narrative until Nov 25 11:10 PM. Then, changes will post as Updates.

Author's Valuation

€2.393.9% overvalued

AnalystConsensusTarget Fair Value

Shared on 24 Nov 25

Fair value Increased 13%

UNI: Future Performance Will Hinge On Execution Amid Balanced Earnings Outlook

Analysts have increased their fair value estimate for Unicaja Banco to €2.39 from €2.10. They cite stronger revenue growth, improved profit margins, and a modest decrease in the discount rate as key drivers for the upward adjustment in the price target.

Shared on 01 May 25

Fair value Increased 36%

Shared on 23 Apr 25

Fair value Decreased 19%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 3.44%

Shared on 09 Apr 25

Fair value Increased 21%

Shared on 02 Apr 25

Fair value Decreased 6.79%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 5.88%

AnalystConsensusTarget has decreased revenue growth from 0.7% to 0.6%.

Shared on 19 Mar 25

Fair value Increased 0.66%

AnalystConsensusTarget has increased revenue growth from 0.5% to 0.7%.

Shared on 12 Mar 25

Fair value Decreased 10%

AnalystConsensusTarget has decreased revenue growth from 5.7% to 0.5% and decreased future PE multiple from 10.5x to 8.9x.

AnalystConsensusTarget Fair Value

€2.39

3.9% overvalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

2.62%

Banks revenue growth rate

0.26%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

9.42%

Calculation

€617.18m

Earnings '28

x

13.01x

PE Ratio '28

=

€8.03b

Market Cap '28

€8.03b

Market Cap '28

/

2.57b

No. shares '28

=

€3.12

Share Price '28

€3.12 Share Price '28

Discounted to 2025 @ 9.41% p.a.

=

€2.38

Fair Value '25