BRD - Groupe Société Générale S.A.

BVB:BRD Stock Report

Market Cap: RON 13.2b

BRD - Groupe Société Générale Valuation

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

Valuation Score

1/6

Valuation 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 BRD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BRD (RON18.9) is trading below our estimate of fair value (RON20.52)

Significantly Below Fair Value: BRD 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 BRD?

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

The above table shows the Price to Earnings ratio for BRD. This is calculated by dividing BRD's market cap by their current earnings.
What is BRD's PE Ratio?
PE Ratio8.7x
EarningsRON 1.52b
Market CapRON 13.17b

Price to Earnings Ratio vs Peers

How does BRD's PE Ratio compare to its peers?

The above table shows the PE ratio for BRD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.5x
TLV Banca Transilvania
5.5x-1.5%RON 24.1b
PBK Patria Bank
6.9x22.7%RON 268.9m
RFHL Republic Financial Holdings
9.2xn/aTT$18.5b
009789111 BGL BNP Paribas
4.3xn/a€2.5b
BRD BRD - Groupe Société Générale
8.7x3.6%RON 13.2b

Price-To-Earnings vs Peers: BRD is expensive based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (6.5x).

Price to Earnings Ratio vs Industry

How does BRD's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BRD 8.7xIndustry Avg. 7.6xNo. of Companies46PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BRD is expensive based on its Price-To-Earnings Ratio (8.7x) compared to the European Banks industry average (7.6x).

Price to Earnings Ratio vs Fair Ratio

What is BRD'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.

BRD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.7x
Fair PE Ratio7.9x

Price-To-Earnings vs Fair Ratio: BRD is expensive based on its Price-To-Earnings Ratio (8.7x) compared to the estimated Fair Price-To-Earnings Ratio (7.9x).

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 BRD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRON 18.90
RON 18.77
-0.7%
9.1%RON 22.14RON 17.50n/a5
Dec ’25RON 17.98
RON 18.77
+4.4%
9.1%RON 22.14RON 17.50n/a5
Nov ’25RON 20.35
RON 18.77
-7.8%
9.1%RON 22.14RON 17.50n/a5
Oct ’25RON 20.50
RON 18.45
-10.0%
10.5%RON 22.14RON 16.50n/a5
Sep ’25RON 21.50
RON 18.45
-14.2%
10.5%RON 22.14RON 16.50n/a5
Aug ’25RON 22.25
RON 18.45
-17.1%
10.5%RON 22.14RON 16.50n/a5
Jul ’25RON 20.50
RON 18.45
-10.0%
10.5%RON 22.14RON 16.50n/a5
Jun ’25RON 19.00
RON 18.45
-2.9%
10.5%RON 22.14RON 16.50n/a5
May ’25RON 20.80
RON 18.94
-9.0%
9.9%RON 22.14RON 17.50n/a4
Apr ’25RON 21.60
RON 17.82
-17.5%
1.9%RON 18.40RON 17.50n/a4
Mar ’25RON 19.44
RON 17.82
-8.4%
1.9%RON 18.40RON 17.50n/a4
Feb ’25RON 18.04
RON 16.96
-6.0%
5.2%RON 17.67RON 15.50n/a4
Jan ’25RON 17.92
RON 16.96
-5.4%
5.2%RON 17.67RON 15.50n/a4
Dec ’24RON 16.60
RON 16.17
-2.6%
7.7%RON 17.66RON 14.50RON 17.984
Nov ’24RON 16.38
RON 15.38
-6.1%
7.5%RON 17.00RON 13.77RON 20.355
Oct ’24RON 15.62
RON 15.89
+1.7%
13.8%RON 20.50RON 13.77RON 20.506
Sep ’24RON 14.46
RON 15.89
+9.9%
13.8%RON 20.50RON 13.77RON 21.506
Aug ’24RON 14.98
RON 15.43
+3.0%
14.9%RON 20.50RON 13.77RON 22.256
Jul ’24RON 13.22
RON 15.43
+16.7%
14.9%RON 20.50RON 13.77RON 20.506
Jun ’24RON 12.10
RON 15.43
+27.5%
14.9%RON 20.50RON 13.77RON 19.006
May ’24RON 12.40
RON 16.26
+31.2%
15.6%RON 20.50RON 13.77RON 20.806
Apr ’24RON 11.88
RON 16.26
+36.9%
15.6%RON 20.50RON 13.77RON 21.606
Mar ’24RON 13.10
RON 17.23
+31.5%
15.0%RON 20.50RON 14.50RON 19.444
Feb ’24RON 13.62
RON 16.40
+20.4%
17.5%RON 20.50RON 12.80RON 18.045
Jan ’24RON 13.00
RON 16.40
+26.2%
17.5%RON 20.50RON 12.80RON 17.925
Dec ’23RON 13.34
RON 16.40
+23.0%
17.5%RON 20.50RON 12.80RON 16.605

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

BRD - Groupe Société Générale S.A. is covered by 17 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.

AnalystInstitution
Mihai AnghelescuAlpha Finance Romania
Andreas MarkouBerenberg
Hai Le PhuongConCorde Securities Ltd.