Komercní banka, a.s.

LSE:0IKH Stock Report

Market Cap: Kč160.4b

Komercní banka Valuation

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

Below Fair Value: 0IKH (CZK849.5) is trading below our estimate of fair value (CZK1317.47)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0IKH. This is calculated by dividing 0IKH's market cap by their current earnings.
What is 0IKH's PE Ratio?
PE Ratio10.2x
EarningsKč15.80b
Market CapKč160.43b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0IKH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average4.6x
HSBK Halyk Bank of Kazakhstan
3.2xn/aUS$4.9b
TBCG TBC Bank Group
4.8x17.4%UK£1.7b
BGEO Bank of Georgia Group
3x-4.1%UK£2.0b
STAN Standard Chartered
7.4x5.2%UK£23.6b
0IKH Komercní banka
10.2x-0.8%Kč160.4b

Price-To-Earnings vs Peers: 0IKH is expensive based on its Price-To-Earnings Ratio (10.2x) compared to the peer average (4.6x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0IKH 10.2xIndustry Avg. 7.6xNo. of Companies45PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0IKH is expensive based on its Price-To-Earnings Ratio (10.2x) compared to the European Banks industry average (7.6x).

Price to Earnings Ratio vs Fair Ratio

What is 0IKH'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.

0IKH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0IKH'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 0IKH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentKč849.50
Kč888.08
+4.5%
7.8%Kč964.00Kč770.00n/a10
Dec ’25Kč807.50
Kč896.02
+11.0%
8.2%Kč1,012.03Kč770.00n/a11
Nov ’25n/a
Kč883.84
0%
9.2%Kč1,012.03Kč750.00n/a11
Oct ’25n/a
Kč885.11
0%
9.1%Kč1,012.03Kč750.00n/a11
Sep ’25n/a
Kč886.93
0%
9.2%Kč1,012.03Kč750.00n/a11
Aug ’25n/a
Kč892.14
0%
9.4%Kč1,066.29Kč740.00n/a11
Jul ’25n/a
Kč893.86
0%
9.5%Kč1,066.29Kč740.00n/a11
Jun ’25Kč778.00
Kč899.77
+15.7%
9.7%Kč1,066.29Kč740.00n/a11
May ’25Kč863.01
Kč886.75
+2.8%
8.4%Kč975.00Kč730.00n/a11
Apr ’25Kč838.35
Kč859.38
+2.5%
10.2%Kč975.00Kč730.00n/a11
Mar ’25Kč815.77
Kč852.62
+4.5%
10.5%Kč975.00Kč730.00n/a10
Feb ’25Kč748.68
Kč822.10
+9.8%
8.3%Kč961.01Kč730.00n/a10
Jan ’25Kč725.12
Kč822.10
+13.4%
8.3%Kč961.01Kč730.00n/a10
Dec ’24Kč688.47
Kč813.56
+18.2%
8.9%Kč961.01Kč729.00Kč807.5010
Nov ’24Kč681.45
Kč795.53
+16.7%
7.3%Kč896.72Kč700.00n/a10
Oct ’24Kč669.24
Kč813.61
+21.6%
8.3%Kč926.07Kč700.00n/a11
Sep ’24Kč709.57
Kč817.33
+15.2%
8.1%Kč926.07Kč700.00n/a11
Aug ’24Kč711.93
Kč822.34
+15.5%
10.5%Kč940.00Kč700.00n/a11
Jul ’24Kč659.52
Kč833.27
+26.3%
10.7%Kč940.00Kč700.00n/a11
Jun ’24Kč659.00
Kč833.27
+26.4%
10.7%Kč940.00Kč700.00Kč778.0011
May ’24Kč748.95
Kč860.64
+14.9%
9.7%Kč1,020.00Kč710.00Kč863.0111
Apr ’24Kč718.42
Kč855.37
+19.1%
9.5%Kč1,020.00Kč710.00Kč838.3512
Mar ’24Kč751.16
Kč854.96
+13.8%
9.5%Kč1,020.00Kč710.00Kč815.7712
Feb ’24Kč737.10
Kč871.54
+18.2%
12.6%Kč1,100.00Kč710.00Kč748.6812
Jan ’24n/a
Kč885.62
0%
14.1%Kč1,100.00Kč710.00Kč725.1212
Dec ’23Kč684.00
Kč881.71
+28.9%
15.0%Kč1,100.00Kč667.00Kč688.4712

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 Analysis2024/12/23 12:33
End of Day Share Price 2024/12/23 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

Komercní banka, a.s. is covered by 33 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ivan BokhmatBarclays
Andreas MarkouBerenberg
Kamil KliszczBiuro maklerskie mBanku