Is MBK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6
Valuation 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 MBK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MBK (PLN546.8) is trading below our estimate of fair value (PLN1199.15)
Significantly Below Fair Value: MBK is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MBK?
Key metric: As MBK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
The above table shows the Price to Earnings ratio for MBK. This is calculated by dividing MBK's market cap by their current
earnings.
What is MBK's PE Ratio?
PE Ratio
18.8x
Earnings
zł1.24b
Market Cap
zł23.24b
MBK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Price-To-Earnings vs Industry: MBK is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the European Banks industry average (7.6x).
Price to Earnings Ratio vs Fair Ratio
What is MBK'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.
MBK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio
18.8x
Fair PE Ratio
13.6x
Price-To-Earnings vs Fair Ratio: MBK is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).
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 MBK forecast and predictions for the stock price in 12 month’s time.
Date
Share Price
Average 1Y Price Target
Dispersion
High
Low
1Y Actual price
Analysts
Current
zł546.80
zł687.98
+25.8%
10.4%
zł784.00
zł568.00
n/a
6
Dec ’25
zł530.00
zł694.98
+31.1%
11.3%
zł784.00
zł568.00
n/a
6
Nov ’25
zł561.80
zł706.32
+25.7%
8.0%
zł784.00
zł637.90
n/a
6
Oct ’25
zł605.60
zł706.32
+16.6%
8.0%
zł784.00
zł637.90
n/a
6
Sep ’25
zł640.00
zł692.15
+8.1%
6.5%
zł784.00
zł637.90
n/a
6
Aug ’25
zł606.60
zł689.98
+13.7%
6.6%
zł784.00
zł637.90
n/a
6
Jul ’25
zł625.60
zł663.20
+6.0%
14.2%
zł784.00
zł495.00
n/a
5
Jun ’25
zł626.00
zł678.40
+8.4%
15.4%
zł784.00
zł495.00
n/a
5
May ’25
zł685.80
zł690.78
+0.7%
11.9%
zł783.90
zł560.00
n/a
5
Apr ’25
zł740.20
zł677.78
-8.4%
15.4%
zł783.90
zł495.00
n/a
5
Mar ’25
zł687.00
zł571.83
-16.8%
13.6%
zł671.00
zł462.00
n/a
6
Feb ’25
zł543.00
zł533.54
-1.7%
17.5%
zł664.00
zł377.00
n/a
7
Jan ’25
zł535.00
zł533.54
-0.3%
17.5%
zł664.00
zł377.00
n/a
7
Dec ’24
zł573.80
zł524.40
-8.6%
17.5%
zł664.00
zł377.00
zł530.00
7
Nov ’24
zł519.80
zł471.83
-9.2%
18.8%
zł637.80
zł360.00
zł561.80
7
Oct ’24
zł395.30
zł466.26
+18.0%
18.7%
zł637.80
zł360.00
zł605.60
7
Sep ’24
zł428.00
zł439.97
+2.8%
19.6%
zł637.80
zł360.00
zł640.00
7
Aug ’24
zł470.60
zł442.54
-6.0%
19.3%
zł637.80
zł360.00
zł606.60
7
Jul ’24
zł406.10
zł404.17
-0.5%
8.5%
zł462.00
zł360.00
zł625.60
6
Jun ’24
zł356.80
zł385.83
+8.1%
13.4%
zł462.00
zł300.00
zł626.00
6
May ’24
zł347.50
zł383.50
+10.4%
13.0%
zł462.00
zł300.00
zł685.80
6
Apr ’24
zł306.40
zł343.50
+12.1%
17.1%
zł428.00
zł245.00
zł740.20
6
Mar ’24
zł323.80
zł343.33
+6.0%
17.1%
zł428.00
zł245.00
zł687.00
6
Feb ’24
zł314.80
zł343.33
+9.1%
17.1%
zł428.00
zł245.00
zł543.00
6
Jan ’24
zł296.00
zł334.67
+13.1%
16.7%
zł428.00
zł245.00
zł535.00
6
Dec ’23
zł319.00
zł322.67
+1.1%
17.7%
zł417.00
zł245.00
zł573.80
6
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
Discover undervalued companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2024/12/22 09:52
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.
* 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
mBank S.A. is covered by 29 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.