FinecoBank Banca Fineco S.p.A.

WBAG:FBK Stock Report

Market Cap: €9.0b

FinecoBank Banca Fineco Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 FBK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FBK (€14.7) is trading above our estimate of fair value (€13.25)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

FBK 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 Ratio-168.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FBK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.7x
RBI Raiffeisen Bank International
2.4x-9.9%€5.7b
BG BAWAG Group
7.6x-0.1%€5.2b
OBS Oberbank
14xn/a€5.0b
EBS Erste Group Bank
6.5x-2.4%€19.8b
FBK FinecoBank Banca Fineco
14.5x-0.09%€9.0b

Price-To-Earnings vs Peers: FBK is expensive based on its Price-To-Earnings Ratio (14.5x) compared to the peer average (7.7x).


Price to Earnings Ratio vs Industry

How does FBK's PE Ratio compare vs other companies in the European Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: FBK is expensive based on its Price-To-Earnings Ratio (14.5x) compared to the European Banks industry average (7.4x).


Price to Earnings Ratio vs Fair Ratio

What is FBK'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.

FBK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.5x
Fair PE Ratio5.7x

Price-To-Earnings vs Fair Ratio: FBK is expensive based on its Price-To-Earnings Ratio (14.5x) compared to the estimated Fair Price-To-Earnings Ratio (5.7x).


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 FBK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€14.70
€16.51
+12.3%
7.1%€17.70€13.40n/a14
Sep ’25€15.43
€16.51
+7.1%
7.1%€17.70€13.40n/a14
Aug ’25€15.34
€16.38
+6.8%
7.9%€17.70€13.40n/a14
Jul ’25€14.13
€15.50
+9.7%
9.1%€17.00€12.60n/a14
Jun ’25€14.79
€15.46
+4.6%
8.9%€17.00€12.60n/a14
May ’25€14.39
€14.98
+4.1%
8.2%€17.00€12.60n/a14
Apr ’25€13.96
€14.49
+3.8%
9.6%€17.00€12.20n/a14
Mar ’25€12.89
€14.49
+12.4%
9.6%€17.00€12.20n/a14
Feb ’25€13.35
€14.62
+9.5%
10.0%€17.00€12.20n/a14
Jan ’25€13.63
€14.38
+5.5%
11.3%€17.00€11.70n/a14
Dec ’24€12.35
€14.36
+16.3%
11.3%€17.00€11.70n/a14
Nov ’24€11.29
€14.88
+31.9%
11.3%€17.00€11.70n/a14
Oct ’24€11.68
€15.64
+33.9%
8.9%€17.80€12.40€15.2714
Sep ’24€12.75
€15.83
+24.2%
9.3%€17.80€13.00€15.4315
Aug ’24€14.05
€15.73
+12.0%
10.1%€17.50€12.80€15.3415
Jul ’24€12.26
€16.03
+30.7%
9.5%€18.20€12.90€14.1315
Jun ’24€12.47
€16.21
+30.0%
7.4%€18.20€13.80€14.7915
May ’24€14.16
€17.48
+23.4%
8.7%€19.30€14.90€14.3915
Apr ’24€14.47
€17.85
+23.4%
6.8%€19.30€14.90€13.9615
Mar ’24€16.14
€17.84
+10.6%
7.0%€19.30€14.90€12.8914
Feb ’24€16.40
€17.18
+4.7%
4.6%€18.30€15.50€13.3513
Jan ’24€15.58
€16.75
+7.5%
5.2%€18.00€14.50€13.6313
Dec ’23€15.39
€16.63
+8.1%
4.7%€17.60€14.50€12.3513
Nov ’23€13.75
€15.56
+13.2%
6.0%€17.00€14.00€11.2913
Oct ’23€12.74
€15.49
+21.6%
8.6%€19.00€13.50€11.6813

Analyst Forecast: Target price is less than 20% higher than the current share price.


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