ABN AMRO Bank N.V.

LSE:0RDM Stock Report

Market Cap: €12.4b

ABN AMRO Bank Valuation

Is 0RDM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: 0RDM (€14.74) is trading below our estimate of fair value (€41.51)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0RDM. This is calculated by dividing 0RDM's market cap by their current earnings.
What is 0RDM's PE Ratio?
PE Ratio5x
Earnings€2.46b
Market Cap€12.40b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0RDM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.3x
STAN Standard Chartered
7.3x5.1%UK£23.3b
NWG NatWest Group
7.1x0.3%UK£31.7b
HSBK Halyk Bank of Kazakhstan
3.3xn/aUS$5.2b
LLOY Lloyds Banking Group
7.4x4.2%UK£33.1b
0RDM ABN AMRO Bank
5x-8.6%€12.4b

Price-To-Earnings vs Peers: 0RDM is good value based on its Price-To-Earnings Ratio (5x) compared to the peer average (6.3x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0RDM 5.0xIndustry Avg. 7.4xNo. of Companies47PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0RDM is good value based on its Price-To-Earnings Ratio (5x) compared to the European Banks industry average (7.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0RDM'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.

0RDM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5x
Fair PE Ratio4.7x

Price-To-Earnings vs Fair Ratio: 0RDM is expensive based on its Price-To-Earnings Ratio (5x) compared to the estimated Fair Price-To-Earnings Ratio (4.7x).

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 0RDM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€14.74
€17.69
+20.1%
11.7%€23.00€14.30n/a16
Nov ’25€15.31
€17.62
+15.0%
11.9%€23.00€14.30n/a16
Oct ’25€15.65
€17.76
+13.5%
10.8%€22.00€14.40n/a17
Sep ’25€15.57
€17.76
+14.0%
11.6%€23.00€14.40n/a17
Aug ’25€15.62
€17.65
+13.0%
12.1%€23.00€14.40n/a17
Jul ’25€15.69
€17.67
+12.6%
12.2%€23.00€14.40n/a17
Jun ’25€15.60
€17.58
+12.7%
12.8%€23.00€14.40n/a17
May ’25€15.09
€17.36
+15.1%
13.0%€23.00€14.40n/a18
Apr ’25€15.84
€17.17
+8.4%
12.8%€23.00€14.20n/a18
Mar ’25€14.98
€16.96
+13.2%
13.0%€23.00€13.90n/a19
Feb ’25€13.26
€16.18
+22.0%
14.4%€23.00€13.60n/a20
Jan ’25€13.58
€16.95
+24.8%
13.6%€23.00€14.20n/a20
Dec ’24€12.34
€16.66
+35.0%
11.5%€21.00€14.20n/a20
Nov ’24€12.73
€17.96
+41.1%
13.1%€22.00€14.56€15.3120
Oct ’24€13.42
€18.10
+34.8%
12.8%€22.40€14.07€15.6520
Sep ’24€13.63
€18.30
+34.3%
12.3%€22.40€14.80€15.5721
Aug ’24€15.30
€18.47
+20.7%
13.2%€23.00€14.80€15.6220
Jul ’24€14.30
€18.23
+27.5%
14.5%€22.40€12.50€15.6919
Jun ’24€13.69
€18.23
+33.2%
14.5%€22.40€12.50€15.6019
May ’24€14.46
€18.23
+26.1%
14.5%€23.60€12.50€15.0919
Apr ’24€14.59
€18.19
+24.6%
13.9%€23.80€12.50€15.8419
Mar ’24€16.76
€17.37
+3.6%
17.4%€23.80€11.00€14.9819
Feb ’24€15.07
€15.23
+1.1%
17.7%€20.80€9.50€13.2619
Jan ’24€13.08
€14.08
+7.6%
16.3%€17.20€9.50€13.5818
Dec ’23€12.16
€13.67
+12.5%
16.3%€17.20€9.50€12.3419
Nov ’23€10.03
€13.31
+32.6%
15.9%€16.50€9.50€12.7319

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

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