CE Stock Overview
Credito Emiliano S.p.A., together with its subsidiaries, provides various banking services to retail and corporate customers primarily in Italy.
Credito Emiliano Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€5.69|
|52 Week High||€7.70|
|52 Week Low||€4.93|
|1 Month Change||-2.07%|
|3 Month Change||-21.73%|
|1 Year Change||9.42%|
|3 Year Change||29.03%|
|5 Year Change||-17.18%|
|Change since IPO||36.75%|
Recent News & Updates
|CE||IT Banks||IT Market|
Return vs Industry: CE exceeded the Italian Banks industry which returned -8.8% over the past year.
Return vs Market: CE exceeded the Italian Market which returned -4.1% over the past year.
|CE Average Weekly Movement||6.4%|
|Banks Industry Average Movement||6.7%|
|Market Average Movement||6.3%|
|10% most volatile stocks in IT Market||8.8%|
|10% least volatile stocks in IT Market||4.1%|
Stable Share Price: CE is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CE's weekly volatility (6%) has been stable over the past year.
About the Company
Credito Emiliano S.p.A., together with its subsidiaries, provides various banking services to retail and corporate customers primarily in Italy. It operates through Commercial Banking, Asset Management, Bancassurance, and ALM Treasury segments. The company’s deposit products include current and savings accounts, time deposits, certificates of deposit, bonds, and subordinated debts; and loan portfolio comprises mortgages, credit cards, personal loans, and salary-backed loans.
Credito Emiliano Fundamentals Summary
|CE fundamental statistics|
Is CE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CE income statement (TTM)|
|Cost of Revenue||€0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 04, 2022
|Earnings per share (EPS)||1.04|
|Net Profit Margin||27.31%|
How did CE perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Is Credito Emiliano undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CE (€5.69) is trading below our estimate of fair value (€6.72)
Significantly Below Fair Value: CE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CE is good value based on its PE Ratio (5.5x) compared to the Italian Banks industry average (8.3x).
PE vs Market: CE is good value based on its PE Ratio (5.5x) compared to the Italian market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: CE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CE's PB Ratio (0.6x) is in line with the IT Banks industry average.
How is Credito Emiliano forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CE's earnings are forecast to decline over the next 3 years (-11.7% per year).
Earnings vs Market: CE's earnings are forecast to decline over the next 3 years (-11.7% per year).
High Growth Earnings: CE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CE's revenue (2.4% per year) is forecast to grow faster than the Italian market (0.07% per year).
High Growth Revenue: CE's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CE's Return on Equity is forecast to be low in 3 years time (6.6%).
How has Credito Emiliano performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CE has high quality earnings.
Growing Profit Margin: CE's current net profit margins (27.3%) are higher than last year (18.9%).
Past Earnings Growth Analysis
Earnings Trend: CE's earnings have grown by 13.5% per year over the past 5 years.
Accelerating Growth: CE's earnings growth over the past year (74.8%) exceeds its 5-year average (13.5% per year).
Earnings vs Industry: CE earnings growth over the past year (74.8%) exceeded the Banks industry 35.8%.
Return on Equity
High ROE: CE's Return on Equity (10.2%) is considered low.
How is Credito Emiliano's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score4/6
Financial Health Score 4/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CE's Assets to Equity ratio (19.5x) is moderate.
Allowance for Bad Loans: CE has a low allowance for bad loans (63%).
Low Risk Liabilities: 60% of CE's liabilities are made up of primarily low risk sources of funding.
Loan Level: CE has an appropriate level of Loans to Assets ratio (61%).
Low Risk Deposits: CE's Loans to Deposits ratio (106%) is appropriate.
Level of Bad Loans: CE has a high level of bad loans (2.2%).
What is Credito Emiliano current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CE's dividend (5.27%) is higher than the bottom 25% of dividend payers in the Italian market (1.6%).
High Dividend: CE's dividend (5.27%) is in the top 25% of dividend payers in the Italian market (4.82%)
Stability and Growth of Payments
Stable Dividend: CE's dividend payments have been volatile in the past 10 years.
Growing Dividend: CE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), CE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CE's dividends in 3 years are forecast to be well covered by earnings (41% payout ratio).
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Nazzareno Gregori has been General Manager of Credito Emiliano S.p.A. since August 31, 2016. Mr. Gregori served as a Deputy General Manager of Credito Emiliano S.p.A. until August 31, 2016. Mr. Gregori...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Nazzareno's total compensation is reasonable compared to companies of similar size in the Italian market.
Compensation vs Earnings: Insufficient data to compare Nazzareno's compensation with company performance.
Experienced Board: CE's board of directors are considered experienced (8.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Credito Emiliano S.p.A.'s employee growth, exchange listings and data sources
- Name: Credito Emiliano S.p.A.
- Ticker: CE
- Exchange: BIT
- Founded: 1910
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: €1.937b
- Shares outstanding: 340.47m
- Website: https://www.credem.it
Number of Employees
- Credito Emiliano S.p.A.
- Via Emilia San Pietro 4
- Reggio Emilia
- Reggio Emilia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/19 00:00|
|End of Day Share Price||2022/05/19 00:00|
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.