Flagstar Financial, Inc.

DB:QC10 Stock Report

Market Cap: €4.2b

Flagstar Financial Valuation

Is QC10 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 QC10 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate QC10's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate QC10's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for QC10?

Key metric: As QC10 is an unprofitable bank we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for QC10. This is calculated by dividing QC10's market cap by their current book value.
What is QC10's PB Ratio?
PB Ratio0.5x
BookUS$8.07b
Market CapUS$4.43b

Price to Book Ratio vs Peers

How does QC10's PB Ratio compare to its peers?

The above table shows the PB ratio for QC10 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.4x
CBK Commerzbank
0.6x8.8%€19.3b
PCZ ProCredit Holding
0.4x9.9%€444.1m
AX Axos Financial
1.9x-6.6%US$4.6b
RILBA Ringkjøbing Landbobank
2.7x-2.6%DKK 29.7b
QC10 Flagstar Financial
0.6x113.1%€4.4b

Price-To-Book vs Peers: QC10 is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (1.4x).

Price to Book Ratio vs Industry

How does QC10's PB Ratio compare vs other companies in the European Banks Industry?

6 CompaniesPrice / BookEstimated GrowthMarket Cap
QC10 0.5xIndustry Avg. 0.8xNo. of Companies33PB00.61.21.82.43+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: QC10 is good value based on its Price-To-Book Ratio (0.6x) compared to the European Banks industry average (0.8x).

Price to Book Ratio vs Fair Ratio

What is QC10'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.

QC10 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate QC10'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 QC10 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.20
€11.15
+21.2%
7.0%€12.89€9.67n/a14
Oct ’25€10.00
€10.97
+9.7%
8.7%€12.57€9.43n/a14
Sep ’25n/a
€10.57
0%
9.1%€12.55€8.97n/a14
Aug ’25n/a
€11.28
0%
15.3%€16.58€9.21n/a14
Jul ’25€9.00
€13.27
+47.5%
55.6%€39.12€9.78n/a14
Jun ’25€8.95
€13.51
+50.9%
52.2%€38.60€9.65n/a15
May ’25€7.42
€13.85
+86.6%
50.3%€39.28€9.82n/a16
Apr ’25€9.12
€14.08
+54.4%
47.0%€38.75€8.30n/a17
Mar ’25€9.98
€18.28
+83.3%
36.6%€38.76€9.69n/a17
Feb ’25€16.35
€26.18
+60.1%
25.8%€41.40€16.56n/a16
Jan ’25€28.35
€34.25
+20.8%
15.2%€43.89€21.95n/a17
Dec ’24€25.74
€35.41
+37.6%
14.0%€44.13€22.06n/a17
Nov ’24€26.76
€37.06
+38.5%
10.3%€45.36€31.18€9.2017
Oct ’24€31.92
€41.98
+31.5%
10.0%€48.24€34.05€10.0017
Sep ’24€33.90
€42.07
+24.1%
8.3%€46.61€32.90n/a16
Aug ’24€37.68
€41.74
+10.8%
7.9%€46.44€32.78n/a16
Jul ’24€30.66
€33.60
+9.6%
8.4%€38.64€27.60€9.0016
Jun ’24€28.98
€32.79
+13.1%
7.4%€35.92€27.63€8.9517
May ’24€26.91
€31.35
+16.5%
10.4%€35.39€24.50€7.4217
Apr ’24€24.42
€30.21
+23.7%
9.4%€35.95€22.13€9.1216
Mar ’24€24.86
€29.92
+20.4%
8.3%€33.56€26.56€9.9815
Feb ’24€27.27
€29.06
+6.6%
9.3%€32.77€24.58€16.3514
Jan ’24€24.12
€28.63
+18.7%
11.0%€35.32€24.02€28.3515
Dec ’23€26.58
€31.31
+17.8%
14.6%€41.90€25.44€25.7413
Nov ’23€28.09
€31.89
+13.5%
14.5%€42.15€25.59€26.7611

Analyst Forecast: Target price is less than 20% higher than the current share price.

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