Santander Bank Polska S.A.

LSE:0DVR Stock Report

Market Cap: zł52.0b

Santander Bank Polska Valuation

Is 0DVR 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 0DVR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
zł894.33
Fair Value
44.8% undervalued intrinsic discount
9
Number of Analysts

Below Fair Value: 0DVR (PLN494) is trading below our estimate of fair value (PLN894.33)

Significantly Below Fair Value: 0DVR is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0DVR?

Key metric: As 0DVR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0DVR. This is calculated by dividing 0DVR's market cap by their current earnings.
What is 0DVR's PE Ratio?
PE Ratio9.9x
Earningszł5.28b
Market Capzł52.03b

Price to Earnings Ratio vs Peers

How does 0DVR's PE Ratio compare to its peers?

The above table shows the PE ratio for 0DVR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.6x
HSBK Halyk Bank of Kazakhstan
3.4xn/aUS$5.2b
STAN Standard Chartered
8.1x5.5%UK£25.8b
NWG NatWest Group
7.8x1.0%UK£35.0b
BGEO Bank of Georgia Group
3.2x-4.1%UK£2.1b
0DVR Santander Bank Polska
9.9x5.8%zł52.0b

Price-To-Earnings vs Peers: 0DVR is expensive based on its Price-To-Earnings Ratio (9.9x) compared to the peer average (5.6x).

Price to Earnings Ratio vs Industry

How does 0DVR's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0DVR 9.9xIndustry Avg. 8.3xNo. of Companies49PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0DVR is expensive based on its Price-To-Earnings Ratio (9.9x) compared to the European Banks industry average (8.3x).

Price to Earnings Ratio vs Fair Ratio

What is 0DVR'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.

0DVR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0DVR'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 0DVR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł494.00
zł555.58
+12.5%
12.3%zł639.00zł450.00n/a9
Jan ’26n/a
zł557.80
0%
11.7%zł639.00zł470.00n/a9
Dec ’25n/a
zł562.01
0%
10.5%zł639.00zł470.00n/a9
Nov ’25n/a
zł565.45
0%
9.9%zł639.00zł470.00n/a9
Oct ’25zł467.00
zł565.45
+21.1%
9.9%zł639.00zł470.00n/a9
Sep ’25n/a
zł566.56
0%
10.1%zł639.00zł470.00n/a9
Aug ’25zł528.39
zł561.43
+6.3%
10.3%zł639.00zł470.00n/a9
Jul ’25zł550.19
zł541.10
-1.7%
14.2%zł639.00zł420.00n/a9
Jun ’25n/a
zł543.99
0%
14.8%zł646.00zł420.00n/a9
May ’25zł564.81
zł539.38
-4.5%
15.5%zł646.00zł420.00n/a9
Apr ’25n/a
zł517.07
0%
15.6%zł646.00zł420.00n/a8
Mar ’25n/a
zł479.68
0%
10.3%zł562.00zł409.00n/a9
Feb ’25n/a
zł478.57
0%
10.6%zł562.00zł409.00n/a9
Jan ’25n/a
zł437.51
0%
13.2%zł562.00zł356.00n/a9
Dec ’24zł497.27
zł411.96
-17.2%
16.2%zł486.63zł257.00n/a9
Nov ’24n/a
zł398.07
0%
17.5%zł486.63zł257.00n/a9
Oct ’24n/a
zł366.07
0%
15.2%zł413.63zł238.00zł467.009
Sep ’24n/a
zł369.44
0%
15.8%zł427.00zł238.00n/a9
Aug ’24n/a
zł349.78
0%
20.6%zł427.00zł200.00zł528.399
Jul ’24zł389.60
zł344.00
-11.7%
18.3%zł420.00zł200.00zł550.198
Jun ’24zł340.81
zł333.78
-2.1%
16.7%zł408.70zł200.00n/a8
May ’24n/a
zł322.03
0%
16.9%zł408.70zł220.00zł564.818
Apr ’24zł293.40
zł296.61
+1.1%
15.0%zł352.00zł220.00n/a9
Mar ’24n/a
zł293.11
0%
14.0%zł351.00zł236.00n/a9
Feb ’24n/a
zł282.69
0%
12.2%zł338.00zł236.00n/a10
Jan ’24n/a
zł280.69
0%
11.2%zł328.96zł236.00n/a10
Analyst Price Target
Consensus Narrative from 9 Analysts
zł538.99
Fair Value
8.3% undervalued intrinsic discount
9
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 14:59
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 .

Analyst Sources

Santander Bank Polska S.A. is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andreas MarkouBerenberg
Kamil KliszczBiuro maklerskie mBanku
Olga VeselovaBofA Global Research