Grupo Financiero Galicia S.A.

BASE:GGALD Stock Report

Market Cap: US$9.3b

Grupo Financiero Galicia Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: GGALD ($5.81) is trading above our estimate of fair value ($0.45)

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

Key Valuation Metric

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

Key metric: As GGALD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GGALD. This is calculated by dividing GGALD's market cap by their current earnings.
What is GGALD's PE Ratio?
PE Ratio11.5x
EarningsAR$800.35b
Market CapAR$9.32t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GGALD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.9x
BMA Banco Macro
12x31.4%AR$5.7t
BBAR Banco BBVA Argentina
18.4x16.7%AR$3.9t
BPAT Banco Patagonia
16.3xn/aAR$1.7t
BHIP Banco Hipotecario
12.9xn/aAR$698.6b
GGALD Grupo Financiero Galicia
11.5x8.4%US$9.3t

Price-To-Earnings vs Peers: GGALD is good value based on its Price-To-Earnings Ratio (11.5x) compared to the peer average (14.9x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
GGALD 11.5xIndustry Avg. 8.6xNo. of Companies9PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GGALD is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the South American Banks industry average (8.8x).

Price to Earnings Ratio vs Fair Ratio

What is GGALD'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.

GGALD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.5x
Fair PE Ratio12.3x

Price-To-Earnings vs Fair Ratio: GGALD is good value based on its Price-To-Earnings Ratio (11.5x) compared to the estimated Fair Price-To-Earnings Ratio (12.3x).

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 GGALD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$5.81
US$7.94
+36.7%
13.6%US$9.42US$6.78n/a4
Nov ’25US$5.37
US$8.36
+55.7%
12.0%US$9.47US$7.05n/a3
Oct ’25US$4.36
US$7.95
+82.6%
23.9%US$9.74US$5.32n/a3
Sep ’25US$3.95
US$6.40
+62.0%
23.2%US$8.93US$5.29n/a4
Aug ’25US$2.89
US$6.25
+116.2%
32.8%US$9.40US$3.73n/a4
Jul ’25US$2.90
US$6.25
+115.5%
32.8%US$9.40US$3.73n/a4
Jun ’25US$3.60
US$5.74
+59.4%
41.9%US$9.43US$3.46n/a4
May ’25US$3.43
US$5.74
+67.5%
45.5%US$9.70US$3.23n/a4
Apr ’25US$2.80
US$2.91
+3.8%
49.3%US$5.26US$1.27n/a5
Mar ’25US$2.27
US$2.61
+15.2%
54.5%US$5.31US$1.28n/a5
Feb ’25US$2.27
US$2.56
+12.7%
62.7%US$5.46US$0.66n/a5
Jan ’25US$1.84
US$3.75
+103.7%
43.1%US$6.17US$1.48n/a5
Dec ’24US$1.85
US$3.78
+104.4%
44.2%US$6.29US$1.51n/a5
Nov ’24US$1.36
US$2.66
+95.8%
48.2%US$4.39US$0.96US$5.375
Oct ’24US$1.56
US$2.46
+57.5%
61.3%US$4.39US$0.52US$4.365
Sep ’24US$2.09
US$2.46
+17.6%
61.3%US$4.39US$0.52US$3.955
Aug ’24US$2.03
US$2.23
+9.9%
79.4%US$4.94US$0.59US$2.895
Jul ’24US$2.10
US$2.47
+17.4%
70.0%US$5.21US$0.63US$2.906
Jun ’24n/a
US$2.21
0%
67.8%US$4.89US$0.68US$3.606
May ’24n/a
US$2.38
0%
68.7%US$5.31US$0.66US$3.436
Apr ’24US$1.22
US$1.91
+56.1%
53.8%US$3.71US$0.69US$2.806
Mar ’24n/a
US$1.94
0%
57.9%US$3.89US$0.72US$2.276
Feb ’24US$1.48
US$2.04
+37.6%
59.4%US$4.12US$0.66US$2.276
Jan ’24US$0.97
US$1.81
+86.2%
73.0%US$4.43US$0.71US$1.846
Dec ’23n/a
US$1.63
0%
56.6%US$3.15US$0.73US$1.856
Nov ’23US$0.85
US$1.74
+104.4%
56.6%US$3.39US$0.88US$1.366

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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