Íslandsbanki hf Valuation
Is ISB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
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 ISB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ISB (ISK121) is trading below our estimate of fair value (ISK121.79)
Significantly Below Fair Value: ISB is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ISB?
Key metric: As ISB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is ISB's PE Ratio? | |
|---|---|
| PE Ratio | 9.6x |
| Earnings | ISK 24.09b |
| Market Cap | ISK 230.73b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | -1.6x |
Price to Earnings Ratio vs Peers
How does ISB's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9x | ||
ARION Arion banki hf | 9.6x | n/a | ISK 231.7b |
ABMB Alliance Bank Malaysia Berhad | 10.3x | 6.5% | RM 7.4b |
DHBK Doha Bank Q.P.S.C | 7.5x | 5.0% | ر.ق6.2b |
TPB Tien Phong Commercial Bank | 8.6x | n/a | ₫42.0t |
ISB Íslandsbanki hf | 9.6x | -5.9% | ISK 230.7b |
Price-To-Earnings vs Peers: ISB is expensive based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (9x).
Price to Earnings Ratio vs Industry
How does ISB's PE Ratio compare vs other companies in the European Banks Industry?
| 2 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 2 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: ISB is expensive based on its Price-To-Earnings Ratio (9.6x) compared to the European Banks industry average (7.6x).
Price to Earnings Ratio vs Fair Ratio
What is ISB'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 9.6x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ISB'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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ISK 121.00 | ISK 119.67 -1.1% | 3.1% | ISK 124.00 | ISK 115.00 | n/a | 3 |
| Dec ’25 | ISK 124.50 | ISK 120.00 -3.6% | 3.4% | ISK 125.00 | ISK 115.00 | n/a | 3 |
| Nov ’25 | ISK 129.00 | ISK 120.00 -7.0% | 3.4% | ISK 125.00 | ISK 115.00 | n/a | 3 |
| Oct ’25 | ISK 112.00 | ISK 120.00 +7.1% | 3.4% | ISK 125.00 | ISK 115.00 | n/a | 3 |
| Sep ’25 | ISK 102.00 | ISK 120.00 +17.6% | 3.4% | ISK 125.00 | ISK 115.00 | n/a | 3 |
| Aug ’25 | ISK 102.50 | ISK 120.00 +17.1% | 3.4% | ISK 125.00 | ISK 115.00 | n/a | 3 |
| Jul ’25 | ISK 95.00 | ISK 117.67 +23.9% | 4.7% | ISK 123.00 | ISK 110.00 | n/a | 3 |
| Jun ’25 | ISK 97.00 | ISK 117.67 +21.3% | 4.7% | ISK 123.00 | ISK 110.00 | n/a | 3 |
| May ’25 | ISK 103.50 | ISK 117.67 +13.7% | 7.6% | ISK 125.00 | ISK 105.00 | n/a | 3 |
| Apr ’25 | ISK 102.00 | ISK 117.67 +15.4% | 7.6% | ISK 125.00 | ISK 105.00 | n/a | 3 |
| Mar ’25 | ISK 109.00 | ISK 117.67 +8.0% | 7.6% | ISK 125.00 | ISK 105.00 | n/a | 3 |
| Feb ’25 | ISK 118.00 | ISK 112.67 -4.5% | 6.7% | ISK 123.00 | ISK 105.00 | n/a | 3 |
| Jan ’25 | ISK 111.00 | ISK 115.33 +3.9% | 9.8% | ISK 131.00 | ISK 105.00 | n/a | 3 |
| Dec ’24 | ISK 107.00 | ISK 119.40 +11.6% | 7.0% | ISK 131.00 | ISK 105.00 | ISK 124.50 | 5 |
| Nov ’24 | ISK 102.50 | ISK 125.40 +22.3% | 5.1% | ISK 135.00 | ISK 120.00 | ISK 129.00 | 5 |
| Oct ’24 | ISK 111.50 | ISK 125.40 +12.5% | 5.1% | ISK 135.00 | ISK 120.00 | ISK 112.00 | 5 |
| Sep ’24 | ISK 115.50 | ISK 125.40 +8.6% | 5.1% | ISK 135.00 | ISK 120.00 | ISK 102.00 | 5 |
| Aug ’24 | ISK 118.50 | ISK 126.40 +6.7% | 6.3% | ISK 140.00 | ISK 120.00 | ISK 102.50 | 5 |
| Jul ’24 | ISK 114.00 | ISK 127.20 +11.6% | 6.0% | ISK 140.00 | ISK 120.00 | ISK 95.00 | 5 |
| Jun ’24 | ISK 118.00 | ISK 128.60 +9.0% | 6.8% | ISK 140.00 | ISK 120.00 | ISK 97.00 | 5 |
| May ’24 | ISK 124.00 | ISK 133.60 +7.7% | 10.8% | ISK 160.00 | ISK 120.00 | ISK 103.50 | 5 |
| Apr ’24 | ISK 119.40 | ISK 133.60 +11.9% | 10.8% | ISK 160.00 | ISK 120.00 | ISK 102.00 | 5 |
| Mar ’24 | ISK 123.80 | ISK 133.60 +7.9% | 10.8% | ISK 160.00 | ISK 120.00 | ISK 109.00 | 5 |
| Feb ’24 | ISK 116.60 | ISK 131.60 +12.9% | 8.3% | ISK 150.00 | ISK 120.00 | ISK 118.00 | 5 |
| Jan ’24 | ISK 119.80 | ISK 131.60 +9.8% | 8.3% | ISK 150.00 | ISK 120.00 | ISK 111.00 | 5 |
| Dec ’23 | ISK 123.40 | ISK 134.50 +9.0% | 7.7% | ISK 150.00 | ISK 125.00 | ISK 107.00 | 4 |
Analyst Forecast: Target price is lower than the current share price.
Discover undervalued companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Íslandsbanki hf. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Namita Samtani | Barclays |
| Namita Samtani | Barclays |
| Andrew Coombs | Citigroup Inc |