Raiffeisen Bank International Valuation
Is RBI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
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.
Below Fair Value: RBI (CZK423.8) is trading below our estimate of fair value (CZK1717.97)
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?
Other financial metrics that can be useful for relative valuation.
| What is RBI's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | €5.47b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | -0.3x |
Price to Earnings Ratio vs Peers
How does RBI's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 14.1x | ||
KOMB Komercní banka | 10x | 3.7% | Kč148.4b |
MONET MONETA Money Bank | 9.4x | 2.9% | Kč49.5b |
MARK Masraf Al Rayan (Q.P.S.C.) | 15.8x | 13.6% | ر.ق22.6b |
CENTRALBK Central Bank of India | 21.2x | n/a | ₹565.6b |
RBI Raiffeisen Bank International | 2.4x | -9.5% | Kč5.5b |
Price-To-Earnings vs Peers: RBI is good value based on its Price-To-Earnings Ratio (2.4x) compared to the peer average (14.1x).
Price to Earnings Ratio vs Industry
How does RBI's PE Ratio compare vs other companies in the European Banks Industry?
Price-To-Earnings vs Industry: RBI is good value based on its Price-To-Earnings Ratio (2.4x) compared to the European Banks industry average (7.7x).
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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 2.4x |
| Fair PE Ratio | 9.2x |
Price-To-Earnings vs Fair Ratio: RBI is good value based on its Price-To-Earnings Ratio (2.4x) compared to the estimated Fair Price-To-Earnings Ratio (9.2x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | Kč423.80 | Kč557.75 +31.6% | 10.6% | Kč626.60 | Kč426.09 | n/a | 13 |
| Apr ’25 | Kč467.60 | Kč556.54 +19.0% | 11.3% | Kč634.34 | Kč431.35 | n/a | 13 |
| Mar ’25 | Kč501.60 | Kč551.53 +10.0% | 10.8% | Kč634.70 | Kč431.59 | n/a | 14 |
| Feb ’25 | Kč477.70 | Kč521.93 +9.3% | 12.4% | Kč595.81 | Kč402.17 | n/a | 14 |
| Jan ’25 | Kč460.70 | Kč475.60 +3.2% | 13.0% | Kč587.72 | Kč374.67 | n/a | 14 |
| Dec ’24 | Kč371.70 | Kč455.03 +22.4% | 15.1% | Kč583.54 | Kč367.15 | n/a | 14 |
| Nov ’24 | Kč343.80 | Kč433.00 +25.9% | 14.3% | Kč542.02 | Kč369.56 | n/a | 14 |
| Oct ’24 | Kč336.60 | Kč426.64 +26.7% | 14.8% | Kč537.33 | Kč366.36 | n/a | 14 |
| Sep ’24 | Kč324.40 | Kč421.82 +30.0% | 14.2% | Kč529.78 | Kč361.22 | n/a | 15 |
| Aug ’24 | Kč344.00 | Kč417.78 +21.4% | 13.6% | Kč526.92 | Kč359.26 | n/a | 15 |
| Jul ’24 | Kč342.10 | Kč411.36 +20.2% | 13.5% | Kč521.88 | Kč341.60 | n/a | 15 |
| Jun ’24 | Kč333.40 | Kč410.20 +23.0% | 13.6% | Kč519.43 | Kč339.99 | n/a | 15 |
| May ’24 | Kč327.80 | Kč409.15 +24.8% | 14.1% | Kč517.72 | Kč329.46 | Kč452.00 | 15 |
| Apr ’24 | Kč339.90 | Kč410.88 +20.9% | 13.8% | Kč515.87 | Kč328.28 | Kč467.60 | 15 |
| Mar ’24 | Kč371.10 | Kč409.77 +10.4% | 15.5% | Kč521.82 | Kč282.26 | Kč501.60 | 15 |
| Feb ’24 | Kč383.00 | Kč411.48 +7.4% | 16.1% | Kč523.79 | Kč283.32 | Kč477.70 | 15 |
| Jan ’24 | Kč373.60 | Kč412.81 +10.5% | 18.5% | Kč552.91 | Kč288.58 | Kč460.70 | 15 |
| Dec ’23 | Kč360.30 | Kč405.26 +12.5% | 19.6% | Kč556.06 | Kč290.22 | Kč371.70 | 15 |
| Nov ’23 | Kč351.00 | Kč396.45 +12.9% | 19.8% | Kč557.85 | Kč291.16 | Kč343.80 | 15 |
| Oct ’23 | Kč299.00 | Kč393.46 +31.6% | 21.4% | Kč559.66 | Kč292.10 | Kč336.60 | 14 |
| Sep ’23 | Kč300.80 | Kč395.29 +31.4% | 20.6% | Kč562.32 | Kč293.49 | Kč324.40 | 15 |
| Aug ’23 | Kč293.00 | Kč382.94 +30.7% | 19.7% | Kč561.45 | Kč293.04 | Kč344.00 | 14 |
| Jul ’23 | Kč259.00 | Kč395.02 +52.5% | 18.4% | Kč564.01 | Kč306.74 | Kč342.10 | 13 |
| Jun ’23 | Kč309.00 | Kč428.62 +38.7% | 24.6% | Kč716.15 | Kč306.22 | Kč333.40 | 14 |
| May ’23 | Kč276.00 | Kč417.97 +51.4% | 25.6% | Kč712.21 | Kč270.15 | Kč327.80 | 15 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.