CaixaBank, S.A.

BRSE:48CA Stock Report

Market Cap: CHF 86.5b

CaixaBank Valuation

Is 48CA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow 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 48CA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 48CA (CHF12.57) is trading below our estimate of future cash flow value (CHF18.05)

Significantly Below Future Cash Flow Value: 48CA is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 48CA?

Key metric: As 48CA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 48CA. This is calculated by dividing 48CA's market cap by their current earnings.
What is 48CA's PE Ratio?
PE Ratio15.7x
Earnings€5.86b
Market Cap€91.68b

Price to Earnings Ratio vs Peers

How does 48CA's PE Ratio compare to its peers?

The above table shows the PE ratio for 48CA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.1x
LLBN Liechtensteinische Landesbank
19.7xn/aCHF 3.5b
BCVN Banque Cantonale Vaudoise
25.1x3.73%CHF 11.0b
CM Canadian Imperial Bank of Commerce
14.9x4.04%CA$144.3b
BNS Bank of Nova Scotia
16.7x7.88%CA$158.0b
48CA CaixaBank
15.7x12.94%CHF 91.7b

Price-To-Earnings vs Peers: 48CA is good value based on its Price-To-Earnings Ratio (15.7x) compared to the peer average (19.1x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 48CA's PE Ratio compare vs other companies in the European Banks Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
48CA 15.7xIndustry Avg. 12.3xNo. of Companies33PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 48CA is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the European Banks industry average (12.3x).

Price to Earnings Ratio vs Fair Ratio

What is 48CA'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.

48CA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 48CA'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 48CA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 12.57
CHF 12.22
-2.78%
12.78%CHF 13.69CHF 6.42n/a21
Sep ’27CHF 12.47
CHF 12.02
-3.63%
12.84%CHF 13.62CHF 6.39n/a21
Aug ’27CHF 11.53
CHF 11.69
+1.40%
13.56%CHF 13.52CHF 6.34n/a21
Jul ’27CHF 11.49
CHF 11.08
-3.60%
12.95%CHF 13.08CHF 6.26n/a21
Jun ’27n/a
CHF 10.85
0%
12.54%CHF 12.62CHF 6.22n/a21
May ’27n/a
CHF 10.61
0%
12.58%CHF 12.37CHF 6.23n/a21
Apr ’27n/a
CHF 10.49
0%
13.53%CHF 12.20CHF 6.28n/a21
Mar ’27n/a
CHF 10.39
0%
13.51%CHF 12.05CHF 6.21n/a21
Feb ’27n/a
CHF 9.72
0%
14.82%CHF 11.92CHF 6.23n/a21
Jan ’27n/a
CHF 9.04
0%
10.52%CHF 10.68CHF 6.32n/a20
Dec ’26n/a
CHF 8.98
0%
11.43%CHF 10.71CHF 6.33n/a20
Nov ’26n/a
CHF 8.46
0%
12.16%CHF 10.67CHF 6.31n/a20
Oct ’26n/a
CHF 8.11
0%
10.68%CHF 9.82CHF 6.36n/a20
Sep ’26n/a
CHF 7.73
0%
9.61%CHF 8.89CHF 6.36CHF 12.4720
Aug ’26n/a
CHF 7.40
0%
9.83%CHF 8.81CHF 6.31CHF 11.5320
Jul ’26n/a
CHF 7.03
0%
9.25%CHF 8.41CHF 5.84CHF 11.4920
Jun ’26n/a
CHF 6.91
0%
9.08%CHF 8.40CHF 5.84n/a20
May ’26n/a
CHF 6.62
0%
9.31%CHF 7.87CHF 5.39n/a21
Apr ’26n/a
CHF 6.60
0%
9.05%CHF 7.63CHF 5.48n/a21
Mar ’26n/a
CHF 6.24
0%
10.30%CHF 7.51CHF 5.16n/a20
Feb ’26n/a
CHF 6.17
0%
9.58%CHF 7.36CHF 5.19n/a20
Jan ’26n/a
CHF 6.02
0%
9.11%CHF 7.24CHF 4.89n/a19
Dec ’25n/a
CHF 6.00
0%
8.46%CHF 7.18CHF 5.03n/a19
Nov ’25n/a
CHF 6.05
0%
7.91%CHF 7.17CHF 5.14n/a19
Oct ’25n/a
CHF 6.05
0%
8.12%CHF 7.12CHF 5.11n/a19
Sep ’25n/a
CHF 6.05
0%
8.52%CHF 7.08CHF 5.21n/a20
CHF 12.34
Fair Value
1.8% overvalued intrinsic discount
21
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 02:53
End of Day Share Price 2026/09/14 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
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.

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

CaixaBank, S.A. is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Javier Esteban LarioBanco de Sabadell. S.A.
Jesús Gómez DominguezBanco Santander
Cecilia Romero ReyesBarclays