UmweltBank Valuation

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

UBK (€5.68) is trading below our estimate of [[fair value]] (€10.54)

Is UBK 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-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: UBK (€5.68) is trading below our estimate of fair value (€10.54)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for UBK. This is calculated by dividing UBK's market cap by their current preferred multiple.
What is UBK's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€204.75m

UBK 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 Book Ratio vs Peers

How does UBK's PB Ratio compare to its peers?

The above table shows the PB ratio for UBK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	0.7x
MBK Merkur PrivatBank KgaA	0.4x	8.6%	€112.8m
PCZ ProCredit Holding	0.5x	9.7%	€485.3m
CBK Commerzbank	0.6x	7.9%	€19.4b
ORGT Oragroup	1.4x	n/a	XOF 135.2b
UBK UmweltBank	0.8x	n/a	€204.7m

Price-To-Book vs Peers: UBK is expensive based on its Price-To-Book Ratio (0.8x) compared to the peer average (0.7x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	0.09%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	0.09%
	n/a	n/a	n/a

No more companies

Price-To-Book vs Industry: UBK is expensive based on its Price-To-Book Ratio (0.8x) compared to the European Banks industry average (0.8x).

Price to Book Ratio vs Fair Ratio

What is UBK's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

UBK PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	0.8x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate UBK's Price-To-Book 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 UBK forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	€5.68	€8.82 +55.2%	9.2%	€9.63	€8.00	n/a	2
Oct ’25	€4.76	€8.82 +85.2%	9.2%	€9.63	€8.00	n/a	2
Sep ’25	€5.52	€8.82 +59.7%	9.2%	€9.63	€8.00	n/a	2
Aug ’25	€6.02	€8.80 +46.2%	9.1%	€9.60	€8.00	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.