Attica Bank Valuation

Is 0RCU 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-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0RCU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 0RCU's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 0RCU's fair value for valuation analysis.


Key Valuation Metric

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

Key metric: As 0RCU is an unprofitable bank we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 0RCU. This is calculated by dividing 0RCU's market cap by their current book value.
What is 0RCU's PB Ratio?
PB Ratio0.4x
Book€301.30m
Market Cap€119.61m

Price to Book Ratio vs Peers

How does 0RCU's PB Ratio compare to its peers?

The above table shows the PB ratio for 0RCU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.5x
STB Secure Trust Bank
0.2x32.7%UK£70.4m
CBG Close Brothers Group
0.2x16.0%UK£333.4m
ARBB Arbuthnot Banking Group
0.6x8.7%UK£149.8m
TBCG TBC Bank Group
1.1x16.8%UK£1.7b
0RCU Attica Bank
0.4xn/a€119.6m

Price-To-Book vs Peers: 0RCU is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (0.7x).


Price to Book Ratio vs Industry

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

6 CompaniesPrice / BookEstimated GrowthMarket Cap
0RCU 0.4xIndustry Avg. 0.8xNo. of Companies37PB00.61.21.82.43+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 0RCU is good value based on its Price-To-Book Ratio (0.4x) compared to the European Banks industry average (0.7x).


Price to Book Ratio vs Fair Ratio

What is 0RCU's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0RCU PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 0RCU's Price-To-Book 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?

Analyst Forecast: Insufficient data to show price forecast.


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