We’ve recently updated our valuation analysis.

Banco BBVA Argentina Valuation

Is BBAR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BBAR?

Other financial metrics that can be useful for relative valuation.

BBAR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

How does BBAR's PE Ratio compare to its peers?

The above table shows the PE ratio for BBAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.5x
GGAL Grupo Financiero Galicia
14.2x18.1%AR$365.0b
BMA Banco Macro
10.1x18.9%AR$284.9b
BPAT Banco Patagonia
7.5xn/aAR$70.7b
BHIP Banco Hipotecario
2.1xn/aAR$16.4b
BBAR Banco BBVA Argentina
6.9x24.8%AR$200.7b

Price-To-Earnings vs Peers: BBAR is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (8.5x).


Price to Earnings Ratio vs Industry

How does BBAR's PE Ratio compare vs other companies in the South American Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.5%
n/an/an/a

Price-To-Earnings vs Industry: BBAR is good value based on its Price-To-Earnings Ratio (6.9x) compared to the South American Banks industry average (6.9x)


Price to Earnings Ratio vs Fair Ratio

What is BBAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BBAR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio11.1x

Price-To-Earnings vs Fair Ratio: BBAR is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (11.1x).


Share Price vs Fair Value

What is the Fair Price of BBAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BBAR (ARS327.5) is trading above our estimate of fair value (ARS69.92)

Significantly Below Fair Value: BBAR is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BBAR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAR$343.10
AR$527.67
+53.8%
52.8%AR$888.00AR$210.00n/a3
Nov ’23AR$322.80
AR$527.67
+63.5%
52.8%AR$888.00AR$210.00n/a3
Oct ’23AR$315.85
AR$527.67
+67.1%
52.8%AR$888.00AR$210.00n/a3
Sep ’23AR$290.30
AR$527.67
+81.8%
52.8%AR$888.00AR$210.00n/a3
Aug ’23AR$247.95
AR$527.67
+112.8%
52.8%AR$888.00AR$210.00n/a3
Jul ’23AR$204.55
AR$527.67
+158.0%
52.8%AR$888.00AR$210.00n/a3
Jun ’23AR$207.35
AR$249.45
+20.3%
36.4%AR$375.00AR$163.35n/a3
May ’23AR$202.20
AR$245.59
+21.5%
32.1%AR$375.00AR$163.35n/a4
Apr ’23AR$230.50
AR$245.59
+6.5%
32.1%AR$375.00AR$163.35n/a4
Mar ’23AR$231.30
AR$257.45
+11.3%
34.2%AR$375.00AR$163.35n/a3
Feb ’23AR$243.75
AR$257.45
+5.6%
34.2%AR$375.00AR$163.35n/a3
Jan ’23AR$224.30
AR$207.68
-7.4%
21.3%AR$252.00AR$163.35n/a2
Dec ’22AR$229.05
AR$207.68
-9.3%
21.3%AR$252.00AR$163.35n/a2
Nov ’22AR$269.65
AR$176.18
-34.7%
7.3%AR$189.00AR$163.35AR$322.802
Oct ’22AR$247.35
AR$176.18
-28.8%
7.3%AR$189.00AR$163.35AR$315.852
Sep ’22AR$248.95
AR$189.00
-24.1%
0%AR$189.00AR$189.00AR$290.301
Aug ’22AR$188.80
AR$115.00
-39.1%
21.7%AR$140.00AR$90.00AR$247.952
Jul ’22AR$183.40
AR$115.00
-37.3%
21.7%AR$140.00AR$90.00AR$204.552
Jun ’22AR$192.45
AR$149.78
-22.2%
26.8%AR$197.50AR$90.00AR$207.354
May ’22AR$134.50
AR$151.28
+12.5%
26.3%AR$197.50AR$90.00AR$202.204
Apr ’22AR$130.00
AR$151.28
+16.4%
26.3%AR$197.50AR$90.00AR$230.504
Mar ’22AR$137.40
AR$151.28
+10.1%
26.3%AR$197.50AR$90.00AR$231.304
Feb ’22AR$142.40
AR$151.28
+6.2%
26.3%AR$197.50AR$90.00AR$243.754
Jan ’22AR$155.65
AR$152.78
-1.8%
26.0%AR$197.50AR$90.00AR$224.304
Dec ’21AR$170.35
AR$141.06
-17.2%
27.9%AR$197.50AR$90.00AR$229.054
Nov ’21AR$125.50
AR$136.34
+8.6%
24.1%AR$178.60AR$90.00AR$269.654

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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