Banco do Estado de Sergipe Valuation

Is BGIP3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 BGIP3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BGIP3's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BGIP3's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BGIP3?

Key metric: As BGIP3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BGIP3. This is calculated by dividing BGIP3's market cap by their current earnings.
What is BGIP3's PE Ratio?
PE Ratio	3.1x
Earnings	R$147.39m
Market Cap	R$466.94m

BGIP3 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/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BGIP3's PE Ratio compare to its peers?

The above table shows the PE ratio for BGIP3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	9.1x
BEES3 Banestes - Banco do Estado do Espírito Santo	7.2x	n/a	R$2.8b
BSLI4 BRB - Banco de Brasília	19.4x	n/a	R$3.3b
BAZA3 Banco da Amazônia	3.7x	n/a	R$4.9b
BMGB4 Banco BMG	6.2x	n/a	R$2.4b
BGIP3 Banco do Estado de Sergipe	3.1x	n/a	R$466.9m

Price-To-Earnings vs Peers: BGIP3 is good value based on its Price-To-Earnings Ratio (3.1x) compared to the peer average (9x).

Price to Earnings Ratio vs Industry

How does BGIP3's PE Ratio compare vs other companies in the South American Banks Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BGIP3 is good value based on its Price-To-Earnings Ratio (3.1x) compared to the South American Banks industry average (8.6x).

Price to Earnings Ratio vs Fair Ratio

What is BGIP3'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.

BGIP3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BGIP3'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?

Analyst Forecast: Insufficient data to show price forecast.

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