Comerica Incorporated

LSE:0I1P Stock Report

Market Cap: US$8.9b

Comerica Valuation

Is 0I1P 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 0I1P when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0I1P ($69.74) is trading below our estimate of fair value ($116.63)

Significantly Below Fair Value: 0I1P is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0I1P?

Key metric: As 0I1P is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0I1P. This is calculated by dividing 0I1P's market cap by their current earnings.
What is 0I1P's PE Ratio?
PE Ratio16.7x
EarningsUS$535.00m
Market CapUS$8.93b

Price to Earnings Ratio vs Peers

How does 0I1P's PE Ratio compare to its peers?

The above table shows the PE ratio for 0I1P vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.1x
HSBK Halyk Bank of Kazakhstan
3.3xn/aUS$5.2b
TCS TCS Group Holding
6.5xn/aUS$5.1b
STAN Standard Chartered
7.3x5.1%UK£22.8b
NWG NatWest Group
7.2x0.3%UK£31.9b
0I1P Comerica
16.7x10.9%US$8.9b

Price-To-Earnings vs Peers: 0I1P is expensive based on its Price-To-Earnings Ratio (16.7x) compared to the peer average (6.1x).

Price to Earnings Ratio vs Industry

How does 0I1P's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0I1P 16.7xIndustry Avg. 7.3xNo. of Companies45PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0I1P is expensive based on its Price-To-Earnings Ratio (16.7x) compared to the European Banks industry average (7.3x).

Price to Earnings Ratio vs Fair Ratio

What is 0I1P'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.

0I1P PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.7x
Fair PE Ratio6.3x

Price-To-Earnings vs Fair Ratio: 0I1P is expensive based on its Price-To-Earnings Ratio (16.7x) compared to the estimated Fair Price-To-Earnings Ratio (6.3x).

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 0I1P forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$69.74
US$68.11
-2.3%
8.9%US$80.00US$57.00n/a21
Nov ’25US$62.90
US$66.06
+5.0%
10.3%US$80.00US$51.00n/a22
Oct ’25US$58.70
US$58.65
-0.07%
11.7%US$75.00US$43.00n/a22
Sep ’25US$56.50
US$55.45
-1.9%
9.0%US$65.00US$43.00n/a23
Aug ’25US$52.57
US$54.80
+4.2%
8.9%US$65.00US$43.00n/a23
Jul ’25US$51.06
US$57.00
+11.6%
10.2%US$73.00US$46.00n/a21
Jun ’25US$50.70
US$59.95
+18.2%
9.8%US$73.00US$48.00n/a21
May ’25US$50.83
US$60.33
+18.7%
9.1%US$73.00US$52.00n/a21
Apr ’25US$54.90
US$60.80
+10.7%
9.0%US$73.00US$52.00n/a20
Mar ’25US$49.30
US$60.70
+23.1%
9.6%US$73.00US$52.00n/a20
Feb ’25US$51.14
US$60.60
+18.5%
10.9%US$73.00US$45.00n/a20
Jan ’25US$55.73
US$53.78
-3.5%
15.7%US$73.00US$42.00n/a22
Dec ’24US$48.22
US$49.59
+2.8%
15.8%US$73.00US$42.00n/a22
Nov ’24US$39.22
US$49.50
+26.2%
15.9%US$73.00US$42.00US$62.9022
Oct ’24US$41.46
US$55.95
+35.0%
14.5%US$75.00US$45.00US$58.7022
Sep ’24US$48.77
US$58.36
+19.7%
11.4%US$75.00US$45.00US$56.5022
Aug ’24US$52.33
US$57.86
+10.6%
12.4%US$76.00US$45.00US$52.5722
Jul ’24US$42.64
US$55.28
+29.6%
16.4%US$80.00US$42.00US$51.0622
Jun ’24US$38.37
US$57.96
+51.1%
17.3%US$80.10US$42.00US$50.7022
May ’24US$43.41
US$58.27
+34.2%
16.8%US$80.10US$45.00US$50.8323
Apr ’24US$43.27
US$74.13
+71.3%
17.0%US$95.00US$50.00US$54.9023
Mar ’24US$70.18
US$81.96
+16.8%
6.3%US$95.00US$72.00US$49.3022
Feb ’24US$73.95
US$81.05
+9.6%
6.5%US$95.00US$72.00US$51.1422
Jan ’24US$66.69
US$81.99
+22.9%
6.6%US$95.00US$72.00US$55.7322
Dec ’23US$70.81
US$84.89
+19.9%
8.5%US$105.00US$75.75US$48.2221
Nov ’23US$70.71
US$83.96
+18.7%
11.0%US$105.00US$58.18US$39.2220

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

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