Raiffeisen Bank International AG

SEP:RBI Stock Report

Market Cap: Kč205.8b

Raiffeisen Bank International Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Discounted Cash Flow
Simply Wall St
Kč1.74k
Fair Value
63.5% undervalued intrinsic discount
12
Number of Analysts

Below Fair Value: RBI (CZK634.2) is trading below our estimate of fair value (CZK1739.08)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for RBI. This is calculated by dividing RBI's market cap by their current earnings.
What is RBI's PE Ratio?
PE Ratio4.5x
Earnings€1.83b
Market Cap€8.22b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for RBI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.7x
KOMB Komercní banka
11.2x3.5%Kč193.8b
MONET MONETA Money Bank
12.4x3.7%Kč72.3b
BBL Bangkok Bank
6.4x2.9%฿288.2b
2890 SinoPac Financial Holdings
12.7x1.5%NT$285.0b
RBI Raiffeisen Bank International
4.5x-0.6%Kč8.2b

Price-To-Earnings vs Peers: RBI is good value based on its Price-To-Earnings Ratio (4.5x) compared to the peer average (10.7x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
RBI 4.5xIndustry Avg. 8.2xNo. of Companies42PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RBI is good value based on its Price-To-Earnings Ratio (4.5x) compared to the European Banks industry average (8.2x).

Price to Earnings Ratio vs Fair Ratio

What is RBI'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.

RBI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.5x
Fair PE Ratio11.2x

Price-To-Earnings vs Fair Ratio: RBI is good value based on its Price-To-Earnings Ratio (4.5x) compared to the estimated Fair Price-To-Earnings Ratio (11.2x).

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 RBI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentKč634.20
Kč567.63
-10.5%
15.7%Kč716.16Kč408.34n/a12
Feb ’26Kč554.60
Kč560.02
+1.0%
14.2%Kč679.60Kč409.02n/a12
Jan ’26Kč495.20
Kč540.73
+9.2%
13.2%Kč651.91Kč407.44n/a12
Dec ’25Kč460.00
Kč547.04
+18.9%
13.0%Kč633.57Kč411.82n/a12
Nov ’25Kč424.40
Kč541.92
+27.7%
12.9%Kč632.97Kč411.43n/a13
Oct ’25Kč447.40
Kč538.83
+20.4%
12.6%Kč626.44Kč407.18n/a13
Sep ’25Kč450.70
Kč538.84
+19.6%
12.6%Kč626.45Kč407.19n/a13
Aug ’25Kč465.40
Kč550.98
+18.4%
10.4%Kč632.86Kč455.66n/a13
Jul ’25Kč418.20
Kč553.62
+32.4%
10.6%Kč625.20Kč425.13n/a13
Jun ’25Kč420.00
Kč553.62
+31.8%
10.6%Kč625.20Kč425.13n/a13
May ’25Kč452.00
Kč554.05
+22.6%
10.2%Kč630.73Kč428.90n/a13
Apr ’25Kč467.60
Kč556.54
+19.0%
11.3%Kč634.34Kč431.35n/a13
Mar ’25Kč501.60
Kč542.78
+8.2%
10.8%Kč624.62Kč424.74n/a14
Feb ’25Kč477.70
Kč521.93
+9.3%
12.4%Kč595.81Kč402.17Kč554.6014
Jan ’25Kč460.70
Kč475.60
+3.2%
13.0%Kč587.72Kč374.67Kč495.2014
Dec ’24Kč371.70
Kč455.03
+22.4%
15.1%Kč583.54Kč367.15Kč460.0014
Nov ’24Kč343.80
Kč433.00
+25.9%
14.3%Kč542.02Kč369.56Kč424.4014
Oct ’24Kč336.60
Kč426.64
+26.7%
14.8%Kč537.33Kč366.36Kč447.4014
Sep ’24Kč324.40
Kč421.82
+30.0%
14.2%Kč529.78Kč361.22Kč450.7015
Aug ’24Kč344.00
Kč418.12
+21.5%
13.6%Kč527.34Kč359.55Kč465.4015
Jul ’24Kč342.10
Kč411.36
+20.2%
13.5%Kč521.88Kč341.60Kč418.2015
Jun ’24Kč333.40
Kč410.20
+23.0%
13.6%Kč519.43Kč339.99Kč420.0015
May ’24Kč327.80
Kč409.15
+24.8%
14.1%Kč517.72Kč329.46Kč452.0015
Apr ’24Kč339.90
Kč410.88
+20.9%
13.8%Kč515.87Kč328.28Kč467.6015
Mar ’24Kč371.10
Kč409.77
+10.4%
15.5%Kč521.82Kč282.26Kč501.6015
Feb ’24Kč383.00
Kč411.48
+7.4%
16.1%Kč523.79Kč283.32Kč477.7015
Analyst Price Target
Consensus Narrative from 12 Analysts
Kč572.13
Fair Value
10.9% overvalued intrinsic discount
12
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 16:10
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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 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 Github.

Analyst Sources

Raiffeisen Bank International AG is covered by 29 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Krishnendra DubeyBarclays
Pedro FonsecaBerenberg
Kamil KliszczBiuro maklerskie mBanku