BME:BBVABanks
BBVA (BME:BBVA) Stock May Still Trade At A Discount After Its 428% Run
Banco Bilbao Vizcaya Argentaria has delivered a very strong 5 year return, yet the valuation work suggests the stock may still trade below its intrinsic value based on both the Excess Returns model and market multiples.
The stock has returned about 427.7% over 5 years, which puts a lot of attention on whether recent gains already reflect what the business is worth.
Progress on the €1.46b share buyback and exposure to digital identity through Veridas can support long term value, while the...