Banco di Desio e della Brianza Valuation

Q: What is the Fair Price of BJ7 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BJ7 (€5.52) is trading below our estimate of [[fair value]] (€8.88)

Is BJ7 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 BJ7 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BJ7 (€5.52) is trading below our estimate of fair value (€8.88)

Significantly Below Fair Value: BJ7 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BJ7?

Key metric: As BJ7 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BJ7. This is calculated by dividing BJ7's market cap by their current earnings.
What is BJ7's PE Ratio?
PE Ratio	6x
Earnings	€128.22m
Market Cap	€771.24m

BJ7 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 BJ7's PE Ratio compare to its peers?

The above table shows the PE ratio for BJ7 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	9.6x
PCZ ProCredit Holding	4.4x	10.7%	€461.8m
MBK Merkur PrivatBank KgaA	10x	8.6%	€108.9m
CBK Commerzbank	7.9x	8.8%	€16.9b
EQUITASBNK Equitas Small Finance Bank	15.8x	46.3%	₹70.9b
BJ7 Banco di Desio e della Brianza	6x	n/a	€771.2m

Price-To-Earnings vs Peers: BJ7 is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (9.6x).

Price to Earnings Ratio vs Industry

How does BJ7's PE Ratio compare vs other companies in the European Banks Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BJ7 is good value based on its Price-To-Earnings Ratio (6x) compared to the European Banks industry average (7.3x).

Price to Earnings Ratio vs Fair Ratio

What is BJ7'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.

BJ7 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BJ7'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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