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UNI

Unicaja BancoBME:UNI Stock Report

Last Price

€0.90

Market Cap

€2.4b

7D

-1.7%

1Y

58.4%

Updated

26 Jan, 2022

Data

Company Financials +
UNI fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health4/6
Dividends0/6

UNI Stock Overview

Unicaja Banco, S.A. provides various banking products and services to individuals and companies in Spain and internationally.

Unicaja Banco Competitors

Banco Bilbao Vizcaya Argentaria

BME:BBVA

€37.4b

CaixaBank

BME:CABK

€22.5b

Banco de Sabadell

BME:SAB

€3.6b

Banco Santander (Brasil)

BOVESPA:SANB4

R$125.2b

Price History & Performance

Summary of all time highs, changes and price drops for Unicaja Banco
Historical stock prices
Current Share Price€0.90
52 Week High€0.99
52 Week Low€0.56
Beta1.47
1 Month Change7.50%
3 Month Change-0.77%
1 Year Change58.42%
3 Year Change-13.59%
5 Year Changen/a
Change since IPO-22.82%

Recent News & Updates

Feb 08
A Look At Unicaja Banco's (BME:UNI) Share Price Returns

A Look At Unicaja Banco's (BME:UNI) Share Price Returns

This week we saw the Unicaja Banco, S.A. ( BME:UNI ) share price climb by 11%. But that is small recompense for the...

Shareholder Returns

UNIES BanksES Market
7D-1.7%-4.0%-3.1%
1Y58.4%29.1%4.1%

Return vs Industry: UNI exceeded the Spanish Banks industry which returned 29.1% over the past year.

Return vs Market: UNI exceeded the Spanish Market which returned 4.1% over the past year.

Price Volatility

Is UNI's price volatile compared to industry and market?
UNI volatility
UNI Average Weekly Movement4.3%
Banks Industry Average Movement4.3%
Market Average Movement3.8%
10% most volatile stocks in ES Market6.7%
10% least volatile stocks in ES Market0.7%

Stable Share Price: UNI is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: UNI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19919,677Manuel Menendez Menendezhttps://www.unicajabanco.com/es

Unicaja Banco, S.A. provides various banking products and services to individuals and companies in Spain and internationally. It offers accounts, payments, and debit and credit cards; mortgages and personal loans; deposit products, stock exchange, pension plans, investment funds, and savings insurance policies; and life, home, car, accident, health, and agricultural insurance, as well as SME and retail damage, and corporate liability insurance products. The company also provides cash management, short term and long term financing, investment services; and remote and mobile banking services.

Unicaja Banco Fundamentals Summary

How do Unicaja Banco's earnings and revenue compare to its market cap?
UNI fundamental statistics
Market Cap€2.40b
Earnings (TTM)€1.39b
Revenue (TTM)€765.96m

1.7x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UNI income statement (TTM)
Revenue€765.96m
Cost of Revenue€0
Gross Profit€765.96m
Expenses-€623.02m
Earnings€1.39b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 03, 2022

Earnings per share (EPS)0.52
Gross Margin100.00%
Net Profit Margin181.34%
Debt/Equity Ratio49.9%

How did UNI perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

1%

Payout Ratio

Valuation

Is Unicaja Banco undervalued compared to its fair value and its price relative to the market?

41.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UNI (€0.9) is trading below our estimate of fair value (€1.55)

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


Price To Earnings Ratio

PE vs Industry: UNI is good value based on its PE Ratio (1.7x) compared to the Spanish Banks industry average (9.6x).

PE vs Market: UNI is good value based on its PE Ratio (1.7x) compared to the Spanish market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: UNI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: UNI is good value based on its PB Ratio (0.4x) compared to the ES Banks industry average (0.6x).


Future Growth

How is Unicaja Banco forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

-31.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UNI's earnings are forecast to decline over the next 3 years (-31.4% per year).

Earnings vs Market: UNI's earnings are forecast to decline over the next 3 years (-31.4% per year).

High Growth Earnings: UNI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: UNI's revenue (12.2% per year) is forecast to grow faster than the Spanish market (5.6% per year).

High Growth Revenue: UNI's revenue (12.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UNI's Return on Equity is forecast to be low in 3 years time (6.1%).


Past Performance

How has Unicaja Banco performed over the past 5 years?

32.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UNI has high quality earnings.

Growing Profit Margin: UNI's current net profit margins are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: UNI's earnings have grown significantly by 32.3% per year over the past 5 years.

Accelerating Growth: UNI's earnings growth over the past year (1564.8%) exceeds its 5-year average (32.3% per year).

Earnings vs Industry: UNI earnings growth over the past year (1564.8%) exceeded the Banks industry 414.8%.


Return on Equity

High ROE: UNI's Return on Equity (23.2%) is considered high.


Financial Health

How is Unicaja Banco's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: UNI's Assets to Equity ratio (18.2x) is moderate.

Allowance for Bad Loans: UNI has a low allowance for bad loans (69%).

Low Risk Liabilities: 93% of UNI's liabilities are made up of primarily low risk sources of funding.

Loan Level: UNI has an appropriate level of Loans to Assets ratio (52%).

Low Risk Deposits: UNI's Loans to Deposits ratio (59%) is appropriate.

Level of Bad Loans: UNI has a high level of bad loans (3.3%).


Dividend

What is Unicaja Banco current dividend yield, its reliability and sustainability?

0.45%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UNI's dividend (0.45%) isn’t notable compared to the bottom 25% of dividend payers in the Spanish market (1.8%).

High Dividend: UNI's dividend (0.45%) is low compared to the top 25% of dividend payers in the Spanish market (5.42%).


Stability and Growth of Payments

Stable Dividend: UNI is not paying a notable dividend for the Spanish market, therefore no need to check if payments are stable.

Growing Dividend: UNI is not paying a notable dividend for the Spanish market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: UNI is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UNI's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average board tenure


CEO

Manuel Menendez Menendez (62 yo)

0.83

Tenure

Mr. Manuel Menendez Menendez serves as Chief Executive Officer and Director of Unicaja Banco, S.A. since March 31, 2021. He serves as Chief Executive Officer of Liberbank, SA since May 2011 and also serves...


Board Members

Experienced Board: UNI's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 68%.


Top Shareholders

Company Information

Unicaja Banco, S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Unicaja Banco, S.A.
  • Ticker: UNI
  • Exchange: BME
  • Founded: 1991
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: €2.397b
  • Shares outstanding: 2.65b
  • Website: https://www.unicajabanco.com/es

Number of Employees


Location

  • Unicaja Banco, S.A.
  • Avenida de Andalucía, 10 y 12
  • Málaga
  • Andalusia
  • 29007
  • Spain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 22:22
End of Day Share Price2022/01/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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 here.