illimity Bank S.p.A.

LSE:0A3J Stock Report

Market Cap: €240.4m

illimity Bank Valuation

Is 0A3J undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 0A3J when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0A3J (€2.88) is trading below our estimate of fair value (€10.75)

Significantly Below Fair Value: 0A3J is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0A3J?

Key metric: As 0A3J is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0A3J. This is calculated by dividing 0A3J's market cap by their current earnings.
What is 0A3J's PE Ratio?
PE Ratio4x
Earnings€60.36m
Market Cap€240.41m

Price to Earnings Ratio vs Peers

How does 0A3J's PE Ratio compare to its peers?

The above table shows the PE ratio for 0A3J vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.5x
EQLS Equals Group
26.8x32.0%UK£217.9m
DUKE Duke Capital
10.1x18.0%UK£116.7m
LIT Litigation Capital Management
20.9x18.2%UK£136.0m
TIME Time Finance
12.1x14.9%UK£54.0m
0A3J illimity Bank
4x2.3%€240.4m

Price-To-Earnings vs Peers: 0A3J is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (17.5x).

Price to Earnings Ratio vs Industry

How does 0A3J's PE Ratio compare vs other companies in the GB Diversified Financial Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
NBS Nationwide Building Society
1.2xn/aUS$1.53b
No more companies available in this PE range
0A3J 4.0xIndustry Avg. 13.4xNo. of Companies3PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0A3J is good value based on its Price-To-Earnings Ratio (4x) compared to the UK Diversified Financial industry average (13.6x).

Price to Earnings Ratio vs Fair Ratio

What is 0A3J'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.

0A3J PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4x
Fair PE Ratio11.7x

Price-To-Earnings vs Fair Ratio: 0A3J is good value based on its Price-To-Earnings Ratio (4x) compared to the estimated Fair Price-To-Earnings Ratio (11.7x).

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 0A3J forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.88
€5.01
+73.9%
13.3%€6.00€4.40n/a4
Nov ’25€3.71
€5.49
+47.8%
8.9%€6.00€5.00n/a4
Oct ’25€4.55
€5.66
+24.4%
7.0%€6.00€5.00n/a4
Sep ’25€4.89
€5.66
+15.9%
7.0%€6.00€5.00n/a4
Aug ’25€4.69
€5.71
+21.8%
5.5%€6.00€5.20n/a4
Jul ’25€4.86
€5.79
+19.1%
3.5%€6.00€5.50n/a4
Jun ’25€5.19
€5.79
+11.6%
3.5%€6.00€5.50n/a4
May ’25€5.33
€5.79
+8.7%
3.5%€6.00€5.50n/a4
Apr ’25€4.86
€6.16
+26.8%
7.6%€6.70€5.50n/a4
Mar ’25€4.67
€6.16
+31.8%
7.6%€6.70€5.50n/a4
Feb ’25€5.07
€6.90
+36.1%
14.1%€8.50€5.90n/a4
Jan ’25€5.49
€7.30
+33.0%
10.8%€8.50€6.50n/a4
Dec ’24€5.29
€7.30
+37.9%
10.8%€8.50€6.50n/a4
Nov ’24€4.92
€7.90
+60.7%
12.3%€8.90€6.50€3.714
Oct ’24€5.28
€8.03
+52.0%
9.9%€8.90€7.00€4.554
Sep ’24€6.01
€8.03
+33.6%
9.9%€8.90€7.00€4.894
Aug ’24€5.96
€8.10
+36.0%
8.7%€8.90€7.30€4.694
Jul ’24€6.34
€8.55
+35.0%
7.3%€9.10€7.50€4.864
Jun ’24€6.22
€8.55
+37.5%
7.3%€9.10€7.50€5.194
May ’24€6.32
€9.05
+43.2%
11.6%€10.20€7.50€5.334
Apr ’24€6.11
€9.05
+48.1%
11.6%€10.20€7.50€4.864
Mar ’24€6.61
€9.55
+44.5%
18.1%€12.20€7.50€4.674
Feb ’24€7.67
€11.04
+43.9%
11.0%€12.30€9.65€5.074
Jan ’24€6.99
€11.56
+65.5%
9.1%€12.30€9.75€5.494
Dec ’23€7.47
€11.84
+58.6%
11.0%€13.30€9.75€5.294
Nov ’23€6.92
€11.84
+71.1%
11.0%€13.30€9.75€4.924

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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