Clínica Baviera, S.A.

BME:CBAV Stock Report

Market Cap: €906.6m

Clínica Baviera Past Earnings Performance

Past criteria checks 4/6

Clínica Baviera has been growing earnings at an average annual rate of 13.3%, while the Healthcare industry saw earnings growing at 6.8% annually. Revenues have been growing at an average rate of 15.4% per year. Clínica Baviera's return on equity is 38.7%, and it has net margins of 13.8%.

Key information

13.31%

Earnings growth rate

13.47%

EPS growth rate

Healthcare Industry Growth13.41%
Revenue growth rate15.40%
Return on equity38.70%
Net Margin13.80%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

New Narrative Jun 05

Baviera: A 40% ROCE Compounding Machine Trading at Distressed Multiples — Fair Value €88/share

Baviera: Europe's Most Capital-Efficient Eye Care Compounder — Trading at Distressed Multiples While Delivering 15% CAGR and 40% ROCE. Fair Value €88/share ### The Business Clínica Baviera is Europe's leading specialist ophthalmology clinic network, focused on laser vision correction and intraocular surgery.
Analysis Article Jan 24

We Think Clínica Baviera (BME:CBAV) Can Manage Its Debt With Ease

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 10

A Piece Of The Puzzle Missing From Clínica Baviera, S.A.'s (BME:CBAV) Share Price

With a price-to-earnings (or "P/E") ratio of 13x Clínica Baviera, S.A. ( BME:CBAV ) may be sending bullish signals at...
Analysis Article Oct 18

Clínica Baviera (BME:CBAV) Is Achieving High Returns On Its Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article Sep 19

Clínica Baviera (BME:CBAV) Seems To Use Debt Rather Sparingly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 13

Market Cool On Clínica Baviera, S.A.'s (BME:CBAV) Earnings

Clínica Baviera, S.A.'s ( BME:CBAV ) price-to-earnings (or "P/E") ratio of 14.5x might make it look like a buy right...
Analysis Article Mar 01

Clínica Baviera (BME:CBAV) Might Become A Compounding Machine

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Nov 20

Clínica Baviera's (BME:CBAV) Dividend Will Be €0.405

The board of Clínica Baviera, S.A. ( BME:CBAV ) has announced that it will pay a dividend of €0.405 per share on the...
Analysis Article Jan 20

Investors Shouldn't Overlook Clínica Baviera's (BME:CBAV) Impressive Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article Sep 15

These 4 Measures Indicate That Clínica Baviera (BME:CBAV) Is Using Debt Safely

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Apr 12

Investors Shouldn't Overlook The Favourable Returns On Capital At Clínica Baviera (BME:CBAV)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Mar 21

Clínica Baviera (BME:CBAV) Seems To Use Debt Rather Sparingly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 22

Clínica Baviera, S.A.'s (BME:CBAV) Stock Is Going Strong: Is the Market Following Fundamentals?

Most readers would already be aware that Clínica Baviera's (BME:CBAV) stock increased significantly by 28% over the...
Analysis Article Jan 30

Shareholders Of Clínica Baviera (BME:CBAV) Must Be Happy With Their 177% Total Return

It might be of some concern to shareholders to see the Clínica Baviera, S.A. ( BME:CBAV ) share price down 16% in the...
Analysis Article Jan 09

Here's What To Make Of Clínica Baviera's (BME:CBAV) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Dec 19

Here's Why We Think Clínica Baviera's (BME:CBAV) Statutory Earnings Might Be Conservative

It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
Analysis Article Nov 28

Clínica Baviera (BME:CBAV) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Revenue & Expenses Breakdown

How Clínica Baviera makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BME:CBAV Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2530542180
30 Sep 2529740140
30 Jun 2528939140
31 Mar 252804100
31 Dec 2426640140
30 Sep 2425237120
30 Jun 2424338120
31 Mar 2423437120
31 Dec 2322736120
30 Sep 232173200
30 Jun 2321231120
31 Mar 2320530120
31 Dec 2219830120
30 Sep 2219330100
30 Jun 2218930100
31 Mar 2218431100
31 Dec 2117327100
30 Sep 211652880
30 Jun 211602780
31 Mar 211342080
31 Dec 201231480
30 Sep 201171290
30 Jun 20112990
31 Mar 201241100
31 Dec 191241390
30 Sep 1911912150
30 Jun 1911512150
31 Mar 1911012150
31 Dec 1810912150
30 Sep 1810711150
30 Jun 1810612150
31 Mar 1810411150
31 Dec 1710010150
30 Sep 17978130
30 Jun 17948130
31 Mar 17928130
31 Dec 16928130
30 Sep 16929130
30 Jun 16918130
31 Mar 16886130
31 Dec 15865130
30 Sep 15844130
30 Jun 15834130

Quality Earnings: CBAV has high quality earnings.

Growing Profit Margin: CBAV's current net profit margins (13.8%) are lower than last year (15.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CBAV's earnings have grown by 13.3% per year over the past 5 years.

Accelerating Growth: CBAV's earnings growth over the past year (4.6%) is below its 5-year average (13.3% per year).

Earnings vs Industry: CBAV earnings growth over the past year (4.6%) exceeded the Healthcare industry 4.6%.


Return on Equity

High ROE: CBAV's Return on Equity (38.7%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/24 12:48
End of Day Share Price 2026/06/24 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clínica Baviera, S.A. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
León Izuzquiza LenzeBanco de Sabadell. S.A.
Marta DiazBanco de Sabadell. S.A.
Bosco Muguiro EulateBanco Santander