Banco Bilbao Vizcaya Argentaria Valuation
Is BBVA * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 BBVA * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BBVA * (MX$186.89) is trading above our estimate of fair value (MX$175.89)
Significantly Below Fair Value: BBVA * is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BBVA *?
Other financial metrics that can be useful for relative valuation.
| What is BBVA *'s n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | €59.59b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 33.3x |
Price to Earnings Ratio vs Peers
How does BBVA *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 15x | ||
GFNORTE O Grupo Financiero Banorte. de | 9.4x | 8.0% | Mex$496.7b |
GFINBUR O Grupo Financiero Inbursa. de | 10.1x | 6.7% | Mex$297.8b |
ELEKTRA * Grupo Elektra. de | 33.8x | n/a | Mex$246.4b |
BBAJIO O Banco del Bajío Institución de Banca Múltiple | 6.7x | -4.8% | Mex$77.8b |
BBVA * Banco Bilbao Vizcaya Argentaria | 7.4x | 0.2% | Mex$59.6b |
Price-To-Earnings vs Peers: BBVA * is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (15x).
Price to Earnings Ratio vs Industry
How does BBVA *'s PE Ratio compare vs other companies in the South American Banks Industry?
Price-To-Earnings vs Industry: BBVA * is good value based on its Price-To-Earnings Ratio (7.4x) compared to the South American Banks industry average (9.4x).
Price to Earnings Ratio vs Fair Ratio
What is BBVA *'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 | 7.4x |
| Fair PE Ratio | 8.9x |
Price-To-Earnings vs Fair Ratio: BBVA * is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (8.9x).
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 | Mex$186.89 | Mex$205.33 +9.9% | 11.4% | Mex$245.01 | Mex$151.31 | n/a | 20 |
| May ’25 | Mex$184.70 | Mex$204.11 +10.5% | 11.9% | Mex$244.54 | Mex$151.02 | n/a | 20 |
| Apr ’25 | Mex$196.95 | Mex$189.61 -3.7% | 14.0% | Mex$242.54 | Mex$150.12 | n/a | 22 |
| Mar ’25 | Mex$171.46 | Mex$184.29 +7.5% | 12.9% | Mex$240.81 | Mex$148.19 | n/a | 23 |
| Feb ’25 | Mex$162.49 | Mex$183.96 +13.2% | 13.1% | Mex$241.44 | Mex$148.58 | n/a | 23 |
| Jan ’25 | Mex$153.00 | Mex$182.93 +19.6% | 12.8% | Mex$243.86 | Mex$146.31 | n/a | 23 |
| Dec ’24 | Mex$159.00 | Mex$180.48 +13.5% | 11.2% | Mex$223.00 | Mex$147.41 | n/a | 24 |
| Nov ’24 | Mex$142.10 | Mex$176.15 +24.0% | 11.6% | Mex$222.11 | Mex$133.64 | n/a | 24 |
| Oct ’24 | Mex$140.29 | Mex$165.40 +17.9% | 9.9% | Mex$194.55 | Mex$131.55 | n/a | 24 |
| Sep ’24 | Mex$134.28 | Mex$162.98 +21.4% | 9.8% | Mex$190.55 | Mex$131.35 | n/a | 25 |
| Aug ’24 | Mex$129.00 | Mex$160.30 +24.3% | 9.5% | Mex$190.74 | Mex$131.48 | n/a | 25 |
| Jul ’24 | Mex$131.00 | Mex$158.75 +21.2% | 9.3% | Mex$187.20 | Mex$129.17 | n/a | 24 |
| Jun ’24 | Mex$118.25 | Mex$157.47 +33.2% | 12.5% | Mex$189.46 | Mex$113.68 | n/a | 23 |
| May ’24 | Mex$131.66 | Mex$160.95 +22.2% | 11.9% | Mex$194.16 | Mex$118.88 | Mex$184.70 | 22 |
| Apr ’24 | Mex$126.00 | Mex$153.62 +21.9% | 11.9% | Mex$181.81 | Mex$117.30 | Mex$196.95 | 22 |
| Mar ’24 | Mex$139.12 | Mex$150.31 +8.0% | 11.2% | Mex$179.34 | Mex$116.96 | Mex$171.46 | 21 |
| Feb ’24 | Mex$137.02 | Mex$147.72 +7.8% | 12.8% | Mex$184.10 | Mex$112.51 | Mex$162.49 | 21 |
| Jan ’24 | Mex$116.75 | Mex$145.26 +24.4% | 10.6% | Mex$177.24 | Mex$114.69 | Mex$153.00 | 22 |
| Dec ’23 | Mex$111.00 | Mex$136.77 +23.2% | 11.4% | Mex$168.81 | Mex$109.23 | Mex$159.00 | 22 |
| Nov ’23 | Mex$102.00 | Mex$131.89 +29.3% | 10.9% | Mex$155.83 | Mex$107.13 | Mex$142.10 | 21 |
| Oct ’23 | Mex$89.01 | Mex$125.93 +41.5% | 12.2% | Mex$156.42 | Mex$97.77 | Mex$140.29 | 22 |
| Sep ’23 | Mex$88.24 | Mex$128.64 +45.8% | 11.6% | Mex$160.62 | Mex$100.39 | Mex$134.28 | 22 |
| Aug ’23 | Mex$91.78 | Mex$130.10 +41.7% | 14.8% | Mex$167.17 | Mex$72.69 | Mex$129.00 | 22 |
| Jul ’23 | Mex$92.40 | Mex$135.60 +46.8% | 11.3% | Mex$168.87 | Mex$111.88 | Mex$131.00 | 21 |
| Jun ’23 | Mex$105.24 | Mex$135.47 +28.7% | 10.5% | Mex$159.87 | Mex$111.49 | Mex$118.25 | 21 |
| May ’23 | Mex$107.15 | Mex$137.08 +27.9% | 9.5% | Mex$159.27 | Mex$114.08 | Mex$131.66 | 23 |
Analyst Forecast: Target price is less than 20% higher than the current share price.