ENXTBR:017250539

Stock Analysis Report

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Market Cap

€12.7b

Last Updated

2021/06/21 21:49 UTC

Data Sources

Company Financials

Executive Summary

BNP Paribas Fortis SA provides various financial services in Belgium, Luxembourg, Turkey, and internationally. More Details


Snowflake Analysis

Good value with adequate balance sheet.


Similar Companies

Share Price & News

How has BNP Paribas Fortis's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine 017250539's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine 017250539's volatility change over the past year.


Market Performance


7 Day Return

0%

17250539

-2.7%

BE Banks

-1.6%

BE Market


1 Year Return

-2.6%

17250539

32.1%

BE Banks

24.9%

BE Market

Return vs Industry: 017250539 underperformed the Belgian Banks industry which returned 32.1% over the past year.

Return vs Market: 017250539 underperformed the Belgian Market which returned 24.9% over the past year.


Shareholder returns

17250539IndustryMarket
7 Day0%-2.7%-1.6%
30 Day-15.8%-1.6%0.9%
90 Day-29.1%4.8%7.9%
1 Year-2.6%-2.6%36.1%32.1%26.7%24.9%
3 Year-15.8%-15.8%-10.5%-18.4%1.1%-3.8%
5 Year-18.3%-18.3%19.2%-1.1%2.0%-7.5%

Long-Term Price Volatility Vs. Market

How volatile is BNP Paribas Fortis's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BNP Paribas Fortis undervalued compared to its fair value and its price relative to the market?

18.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 017250539 (€22.4) is trading below our estimate of fair value (€27.53)

Significantly Below Fair Value: 017250539 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 017250539 is good value based on its PE Ratio (6.8x) compared to the European Banks industry average (12.1x).

PE vs Market: 017250539 is good value based on its PE Ratio (6.8x) compared to the Belgian market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 017250539's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 017250539 is good value based on its PB Ratio (0.5x) compared to the XE Banks industry average (0.7x).


Future Growth

How is BNP Paribas Fortis forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BNP Paribas Fortis has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has BNP Paribas Fortis performed over the past 5 years?

4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 017250539 has high quality earnings.

Growing Profit Margin: 017250539's current net profit margins (26.3%) are lower than last year (28.6%).


Past Earnings Growth Analysis

Earnings Trend: 017250539's earnings have grown by 4.3% per year over the past 5 years.

Accelerating Growth: 017250539's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 017250539 had negative earnings growth (-15.4%) over the past year, making it difficult to compare to the Banks industry average (2.8%).


Return on Equity

High ROE: 017250539's Return on Equity (7.7%) is considered low.


Financial Health

How is BNP Paribas Fortis's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 017250539's Assets to Equity ratio (11.2x) is moderate.

Allowance for Bad Loans: 017250539 has a low allowance for bad loans (62%).

Low Risk Liabilities: 68% of 017250539's liabilities are made up of primarily low risk sources of funding.

Loan Level: 017250539 has an appropriate level of Loans to Assets ratio (58%).

Low Risk Deposits: 017250539's Loans to Deposits ratio (93%) is appropriate.

Level of Bad Loans: 017250539 has a high level of bad loans (2.6%).


Dividend

What is BNP Paribas Fortis's current dividend yield, its reliability and sustainability?

3.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 017250539's dividend (3.75%) is higher than the bottom 25% of dividend payers in the Belgian market (1.57%).

High Dividend: 017250539's dividend (3.75%) is low compared to the top 25% of dividend payers in the Belgian market (4.44%).


Stability and Growth of Payments

Stable Dividend: 017250539 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 017250539 has only been paying a dividend for 5 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.4%), 017250539's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Max Jadot (63 yo)

10.25yrs

Tenure

€52,000

Compensation

Mr. Maxime Jadot, also known as Max, serves as CEO and Chairman of the Executive Board of BNP Paribas Fortis at BNP Paribas since 2018. He served as the Head of BNP Paribas Fortis at BNP Paribas SA until 2...


Leadership Team

Experienced Management: 017250539's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: 017250539's board of directors are considered experienced (8.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BNP Paribas Fortis SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BNP Paribas Fortis SA
  • Ticker: 17250539
  • Exchange: ENXTBR
  • Founded: 1934
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €12.660b
  • Shares outstanding: 565.19m
  • Website: https://www.bnpparibasfortis.com

Number of Employees


Location

  • BNP Paribas Fortis SA
  • Montagne du Parc/Warandeberg 3
  • Brussels
  • Brussels
  • 1000
  • Belgium

Listings


Biography

BNP Paribas Fortis SA provides various financial services in Belgium, Luxembourg, Turkey, and internationally. It accepts on-demand deposits, current and savings accounts, term accounts and short-term note...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/21 21:49
End of Day Share Price2021/06/08 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.