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Updated 1m ago
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Banqup Group SAENXTBR:BANQ Stock Report

Market Cap €80.2m
Updated 1m ago
Share Price
n/a
1Y-45.2%
7D2.4%
1D-0.5%
Portfolio Value
​
View

Banqup Group SA

ENXTBR:BANQ Stock Report

Market Cap: €80.2m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Banqup Group (BANQ) Stock Overview

A fintech company, operates and develops a cloud-based platform for administrative and financial services in Belgium and internationally. More details

BANQ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 49.9% below our estimate of its fair value

Revenue is forecast to grow 17.75% per year

Risk Analysis

Highly volatile share price over the past 3 months compared to the Belgian market

Has less than 1 year of cash runway

Does not have a meaningful market cap (€80M)

Currently unprofitable and not forecast to become profitable over the next 3 years


BANQ Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
42.1% undervalued intrinsic discount
AnalystConsensusTarget
•28d ago

Mandatory E Invoicing And Digital Trust Will Reshape This European SaaS Provider

23
0
1
AN
AnalystLowTarget
46.0% undervalued intrinsic discount
AnalystLowTarget
•14d ago

Regulatory Reliance And Ongoing Losses Will Eventually Support Modest Upside Potential

10
0
0
AN
AnalystHighTarget
48.6% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

European E Invoicing And Digital Identity Tailwinds Will Drive Stronger Long Term Earnings Quality

8
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
42.1% undervalued intrinsic discount
AnalystConsensusTarget
•28d ago

Mandatory E Invoicing And Digital Trust Will Reshape This European SaaS Provider

23
0
1
AN
AnalystLowTarget
46.0% undervalued intrinsic discount
AnalystLowTarget
•14d ago

Regulatory Reliance And Ongoing Losses Will Eventually Support Modest Upside Potential

10
0
0
AN
AnalystHighTarget
48.6% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

European E Invoicing And Digital Identity Tailwinds Will Drive Stronger Long Term Earnings Quality

8
0
0
View all narratives

Banqup Group SA Competitors

Hybrid Software Group

Symbol: ENXTBR:HYSG
Market cap: €128.1m

USU Ventures

Symbol: HMSE:OSP2
Market cap: €90.7m

Tenet Fintech Group

Symbol: CNSX:PKK
Market cap: CA$104.9m

Econocom Group

Symbol: ENXTBR:ECONB
Market cap: €215.2m

Price History & Performance

Summary of share price highs, lows and changes for Banqup Group
Historical stock prices
Current Share Price€2.16
52 Week High€4.19
52 Week Low€1.44
Beta1.46
1 Month Change2.86%
3 Month Change-9.24%
1 Year Change-45.18%
3 Year Change-15.29%
5 Year Change-88.54%
Change since IPO-90.92%

Recent News & Updates

User avatar
Narrative Update • Sep 06

BANQ: Planned Reorganization And Potential Asset Sales Will Unlock Future Upside

Analysts have lifted their fair value estimate for Banqup Group from €3.00 to €4.00, citing updated assumptions on discount rates, revenue growth, and a higher future P/E multiple. What’s in the News for Banqup Group Banqup Group SA has approved a plan to reorganize the company into distinct, autonomous business units to increase operational focus and transparency.
User avatar
Narrative Update • Aug 23

BANQ: Reorganization Plan And Unit Sale Review Will Unlock Future Upside

Analysts have reduced their price target for Banqup Group by roughly €1.00. This reflects updated fair value estimates that incorporate a higher discount rate, more moderate revenue growth assumptions, slightly stronger profit margin expectations, and a modestly lower future P/E multiple.
User avatar
Narrative Update • Aug 09

BANQ: Upcoming Asset Review And Governance Changes Will Unlock Future Upside

Analysts have lowered their price target on Banqup Group from €6.30 to €4.20, citing updated assumptions for revenue growth, profit margins, and future P/E multiples in their valuation models. What’s in the News for Banqup Group Banqup Group is preparing for a special and extraordinary shareholders meeting scheduled for 4 August 2026 in La Hulpe, Belgium, with an agenda that includes amendments to the articles of association, authorisation regarding authorised capital, acknowledgment of the board report, and a proposed resolution.

Recent updates

User avatar
Narrative Update • Sep 06

BANQ: Planned Reorganization And Potential Asset Sales Will Unlock Future Upside

Analysts have lifted their fair value estimate for Banqup Group from €3.00 to €4.00, citing updated assumptions on discount rates, revenue growth, and a higher future P/E multiple. What’s in the News for Banqup Group Banqup Group SA has approved a plan to reorganize the company into distinct, autonomous business units to increase operational focus and transparency.
User avatar
Narrative Update • Aug 23

BANQ: Reorganization Plan And Unit Sale Review Will Unlock Future Upside

Analysts have reduced their price target for Banqup Group by roughly €1.00. This reflects updated fair value estimates that incorporate a higher discount rate, more moderate revenue growth assumptions, slightly stronger profit margin expectations, and a modestly lower future P/E multiple.
User avatar
Narrative Update • Aug 09

BANQ: Upcoming Asset Review And Governance Changes Will Unlock Future Upside

Analysts have lowered their price target on Banqup Group from €6.30 to €4.20, citing updated assumptions for revenue growth, profit margins, and future P/E multiples in their valuation models. What’s in the News for Banqup Group Banqup Group is preparing for a special and extraordinary shareholders meeting scheduled for 4 August 2026 in La Hulpe, Belgium, with an agenda that includes amendments to the articles of association, authorisation regarding authorised capital, acknowledgment of the board report, and a proposed resolution.
User avatar
Narrative Update • Jul 26

BANQ: Planned Business Unit Reorganization Will Drive Future Upside Potential

Analysts have trimmed their price target for Banqup Group to €3.0 from €3.5. They cite updated assumptions that include a higher discount rate, a slightly lower revenue growth outlook, a modestly higher profit margin, and a lower future P/E multiple. What's in the News for Banqup Group Banqup Group SA has scheduled a special or extraordinary shareholders' meeting for August 4, 2026, at 18:00 Romance Standard Time.
User avatar
New Narrative • Apr 16

European E Invoicing And Digital Identity Tailwinds Will Drive Stronger Long Term Earnings Quality

Catalysts About Banqup Group Banqup Group provides a European SaaS platform for e invoicing, payments and digital trust services for businesses and public sector clients. What are the underlying business or industry changes driving this perspective?
User avatar
New Narrative • Apr 01

Regulatory Reliance And Ongoing Losses Will Eventually Support Modest Upside Potential

Catalysts About Banqup Group Banqup Group provides a European software platform for e invoicing, payments and digital trust services for businesses and public sector clients. What are the underlying business or industry changes driving this perspective?
Analysis Article • Mar 25

Analysts Are More Bearish On Banqup Group SA (EBR:BANQ) Than They Used To Be

Today is shaping up negative for Banqup Group SA ( EBR:BANQ ) shareholders, with the analysts delivering a substantial...
User avatar
New Narrative • Mar 18

Mandatory E Invoicing And Digital Trust Will Reshape This European SaaS Provider

Catalysts About Banqup Group Banqup Group provides SaaS-based e-invoicing, payment and digital trust solutions for businesses across multiple European markets. What are the underlying business or industry changes driving this perspective?
Analysis Article • Feb 13

Revenues Not Telling The Story For Banqup Group SA (EBR:BANQ) After Shares Rise 27%

Banqup Group SA ( EBR:BANQ ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article • Sep 18

Things Look Grim For Banqup Group SA (EBR:BANQ) After Today's Downgrade

One thing we could say about the analysts on Banqup Group SA ( EBR:BANQ ) - they aren't optimistic, having just made a...
Analysis Article • Feb 20

Unifiedpost Group SA's (EBR:UPG) Business And Shares Still Trailing The Industry

You may think that with a price-to-sales (or "P/S") ratio of 0.7x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
Analysis Article • Nov 21

Unifiedpost Group SA's (EBR:UPG) Price Is Right But Growth Is Lacking

You may think that with a price-to-sales (or "P/S") ratio of 0.6x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
Analysis Article • Oct 07

Some Unifiedpost Group SA (EBR:UPG) Analysts Just Made A Major Cut To Next Year's Estimates

The latest analyst coverage could presage a bad day for Unifiedpost Group SA ( EBR:UPG ), with the analysts making...
Analysis Article • Aug 10

Unifiedpost Group SA's (EBR:UPG) Revenues Are Not Doing Enough For Some Investors

You may think that with a price-to-sales (or "P/S") ratio of 0.6x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
Analysis Article • Feb 19

What You Need To Know About UnifiedPost Group S.A.'s (EBR:UPG) Investor Composition

If you want to know who really controls UnifiedPost Group S.A. ( EBR:UPG ), then you'll have to look at the makeup of...

Shareholder Returns

BANQBE SoftwareBE Market
7D2.4%2.7%0.7%
1Y-45.2%-18.9%20.2%

Return vs Industry: BANQ underperformed the Belgian Software industry which returned -18.9% over the past year.

Return vs Market: BANQ underperformed the Belgian Market which returned 20.2% over the past year.

Price Volatility

Is BANQ's price volatile compared to industry and market?
BANQ volatility
BANQ Average Weekly Movement9.9%
Software Industry Average Movement5.8%
Market Average Movement3.6%
10% most volatile stocks in BE Market7.4%
10% least volatile stocks in BE Market2.0%

Stable Share Price: BANQ's share price has been volatile over the past 3 months compared to the Belgian market.

Volatility Over Time: BANQ's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Belgian stocks.

About the Company

FoundedEmployeesCEOWebsite
2001632Koen De Brabanderwww.banqup.com

Banqup Group SA, a fintech company, operates and develops a cloud-based platform for administrative and financial services in Belgium and internationally. It operates through Digital Services and Traditional Communications Services segments. The company offers e-trust, e-invoicing, e-payments, and e-reporting; and document data extraction, print, mail, and paper-based services.

Banqup Group SA Fundamentals Summary

How do Banqup Group's earnings and revenue compare to its market cap?
BANQ fundamental statistics
Market cap€80.23m
Earnings (TTM)-€39.25m
Revenue (TTM)€53.10m
1.5x
P/S Ratio
-2.0x
P/E Ratio

Is BANQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BANQ income statement (TTM)
Revenue€53.10m
Cost of Revenue€24.05m
Gross Profit€29.05m
Other Expenses€68.31m
Earnings-€39.25m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Nov 13, 2026

Earnings per share (EPS)-1.06
Gross Margin54.71%
Net Profit Margin-73.92%
Debt/Equity Ratio51.0%

How did BANQ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/20 14:58
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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.

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 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 Github.

Analyst Sources

Banqup Group SA is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andreas MarkouBerenberg
Gustav FrobergBerenberg
Michael RoegDegroof Petercam

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