The Bank of New York Mellon Corporation

WBAG:BONY Stock Report

Market Cap: €53.2b

Bank of New York Mellon Valuation

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

Below Fair Value: BONY (€73.86) is trading below our estimate of fair value (€102.27)

Significantly Below Fair Value: BONY is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BONY. This is calculated by dividing BONY's market cap by their current earnings.
What is BONY's PE Ratio?
PE Ratio16.4x
EarningsUS$3.35b
Market CapUS$55.13b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BONY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.1x
ARES Ares Management
79.9x38.5%US$53.0b
AMP Ameriprise Financial
18.8x9.2%US$50.8b
III 3i Group
8.1x16.4%UK£34.3b
BN Brookfield
113.4xn/aCA$120.7b
BONY Bank of New York Mellon
16.4x10.7%€55.1b

Price-To-Earnings vs Peers: BONY is good value based on its Price-To-Earnings Ratio (16.4x) compared to the peer average (54.8x).

Price to Earnings Ratio vs Industry

How does BONY's PE Ratio compare vs other companies in the European Capital Markets Industry?

18 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BONY 16.4xIndustry Avg. 13.1xNo. of Companies37PE01224364860+
18 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BONY is expensive based on its Price-To-Earnings Ratio (16.4x) compared to the European Capital Markets industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is BONY'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.

BONY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BONY's Price-To-Earnings Fair Ratio for valuation analysis.

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 BONY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€73.86
€79.83
+8.1%
8.4%€91.53€66.74n/a16
Dec ’25€78.17
€77.36
-1.0%
6.6%€85.19€66.26n/a16
Nov ’25€69.89
€74.15
+6.1%
7.3%€83.05€60.90n/a16
Oct ’25€64.54
€65.96
+2.2%
6.7%€72.27€56.91n/a16
Sep ’25€60.82
€64.33
+5.8%
6.1%€69.25€54.67n/a17
Aug ’25€59.56
€65.03
+9.2%
6.6%€70.30€55.50n/a17
Jul ’25€56.03
€60.35
+7.7%
5.4%€65.19€54.02n/a17
Jun ’25€53.96
€59.52
+10.3%
5.8%€64.89€52.84n/a17
May ’25€53.19
€59.88
+12.6%
5.5%€65.25€54.07n/a17
Apr ’25€53.40
€57.99
+8.6%
6.0%€63.31€52.14n/a17
Mar ’25€51.20
€57.37
+12.1%
5.4%€63.11€51.97n/a17
Feb ’25€50.70
€56.39
+11.2%
5.9%€62.72€51.65n/a17
Jan ’25€47.20
€49.13
+4.1%
6.9%€56.35€43.63n/a17
Dec ’24€44.60
€48.38
+8.5%
8.8%€57.01€41.38€78.1717
Nov ’24€40.70
€49.75
+22.2%
9.3%€58.86€42.72€69.8917
Oct ’24€40.85
€49.88
+22.1%
9.2%€58.03€42.12€64.5417
Sep ’24€42.05
€49.15
+16.9%
8.8%€57.02€41.39€60.8218
Aug ’24€40.75
€47.67
+17.0%
9.0%€55.35€39.28€59.5618
Jul ’24€40.65
€48.48
+19.3%
10.5%€56.56€38.31€56.0317
Jun ’24€38.35
€49.23
+28.4%
10.8%€57.62€38.11€53.9617
May ’24€37.80
€48.70
+28.8%
10.1%€56.56€37.40€53.1917
Apr ’24€41.60
€51.30
+23.3%
9.8%€59.00€40.56€53.4017
Mar ’24€47.48
€52.71
+11.0%
7.8%€59.74€45.74€51.2017
Feb ’24€46.16
€50.98
+10.4%
8.3%€58.26€44.60€50.7017
Jan ’24€42.65
€46.89
+10.0%
8.0%€53.74€41.48€47.2015
Dec ’23€43.22
€46.36
+7.3%
8.5%€54.15€39.90€44.6015

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 14:51
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Bank of New York Mellon Corporation is covered by 42 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Ishan MajumdarBaptista Research
Jason GoldbergBarclays