Ringkjøbing Landbobank A/S

BATS-CHIXE:RILBAC Stock Report

Market Cap: DKK 29.8b

Ringkjøbing Landbobank Valuation

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

Below Fair Value: RILBAC (DKK1149) is trading below our estimate of fair value (DKK1525.73)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for RILBAC. This is calculated by dividing RILBAC's market cap by their current earnings.
What is RILBAC's PE Ratio?
PE Ratio12.5x
EarningsDKK 2.38b
Market CapDKK 29.79b

Price to Earnings Ratio vs Peers

How does RILBAC's PE Ratio compare to its peers?

The above table shows the PE ratio for RILBAC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average4.5x
TCS TCS Group Holding
6.5xn/aUS$5.1b
HSBK Halyk Bank of Kazakhstan
3.3xn/aUS$5.2b
BGEO Bank of Georgia Group
3.2x-3.2%UK£2.1b
TBCG TBC Bank Group
4.9x16.8%UK£1.8b
RILBAC Ringkjøbing Landbobank
12.5x-2.6%DKK 29.8b

Price-To-Earnings vs Peers: RILBAC is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (4.5x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies47PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RILBAC is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the European Banks industry average (7.4x).

Price to Earnings Ratio vs Fair Ratio

What is RILBAC'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.

RILBAC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.5x
Fair PE Ration/a

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

The above table shows the analyst RILBAC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 1,149.00
DKK 1,330.00
+15.8%
1.5%DKK 1,350.00DKK 1,310.00n/a2
Nov ’25DKK 1,137.50
DKK 1,330.00
+16.9%
1.5%DKK 1,350.00DKK 1,310.00n/a2
Oct ’25n/a
DKK 1,295.00
0%
0.4%DKK 1,300.00DKK 1,290.00n/a2
Sep ’25n/a
DKK 1,295.00
0%
0.4%DKK 1,300.00DKK 1,290.00n/a2
Aug ’25n/a
DKK 1,295.00
0%
0.4%DKK 1,300.00DKK 1,290.00n/a2
Jul ’25DKK 1,165.50
DKK 1,295.00
+11.1%
0.4%DKK 1,300.00DKK 1,290.00n/a2
Mar ’25DKK 1,182.00
DKK 1,247.50
+5.5%
0.2%DKK 1,250.00DKK 1,245.00n/a2
Feb ’25DKK 1,114.00
DKK 1,247.50
+12.0%
0.2%DKK 1,250.00DKK 1,245.00n/a2
Jan ’25DKK 975.25
DKK 1,180.00
+21.0%
1.7%DKK 1,200.00DKK 1,160.00n/a2
Dec ’24DKK 938.50
DKK 1,180.00
+25.7%
1.7%DKK 1,200.00DKK 1,160.00n/a2
Nov ’24DKK 919.50
DKK 1,180.00
+28.3%
1.7%DKK 1,200.00DKK 1,160.00DKK 1,137.502
Oct ’24n/a
DKK 1,180.00
0%
1.7%DKK 1,200.00DKK 1,160.00n/a2
Sep ’24n/a
DKK 1,205.00
0%
3.7%DKK 1,250.00DKK 1,160.00n/a2
Aug ’24n/a
DKK 1,160.00
0%
3.4%DKK 1,200.00DKK 1,120.00n/a2
Jul ’24DKK 981.50
DKK 1,050.00
+7.0%
15.1%DKK 1,200.00DKK 830.00DKK 1,165.503
Jun ’24DKK 937.00
DKK 1,050.00
+12.1%
15.1%DKK 1,200.00DKK 830.00DKK 1,227.503
May ’24n/a
DKK 1,050.00
0%
15.1%DKK 1,200.00DKK 830.00DKK 1,154.003
Apr ’24DKK 977.00
DKK 1,066.67
+9.2%
16.5%DKK 1,250.00DKK 830.00DKK 1,219.003
Mar ’24DKK 1,124.00
DKK 1,066.67
-5.1%
16.5%DKK 1,250.00DKK 830.00DKK 1,182.003
Feb ’24DKK 992.00
DKK 1,033.33
+4.2%
14.0%DKK 1,150.00DKK 830.00DKK 1,114.003
Jan ’24n/a
DKK 1,016.67
0%
13.0%DKK 1,120.00DKK 830.00DKK 975.253
Dec ’23DKK 899.00
DKK 1,016.67
+13.1%
13.0%DKK 1,120.00DKK 830.00DKK 938.503
Nov ’23DKK 810.00
DKK 1,016.67
+25.5%
13.0%DKK 1,120.00DKK 830.00DKK 919.503

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

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