How does CDEF.F's PE Ratio compare to its peers?

CDEF.F is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (15.3x).

How does CDEF.F's PE Ratio compare vs other companies in the US Banks Industry?

CDEF.F is good value based on its Price-To-Earnings Ratio (5.7x) compared to the US Banks industry average (11.8x).

What is CDEF.F'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.

Insufficient data to calculate CDEF.F's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of CDEF.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CDEF.F ($9.95) is trading below our estimate of [[fair value]] ($16.32)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

CDEF.F Stock Overview

Engages in the provision of commercial banking and wealth management services to retail and corporate customers primarily in Italy. More details

CDEF.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 39% below our estimate of its fair value

Earnings grew by 25.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 9.7% per year for the next 3 years

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Credito Emiliano S.p.A. Competitors

Inter & Co

NasdaqGS:INTR

US$1.9b

Bank of N.T. Butterfield & Son

NYSE:NTB

US$1.6b

Comerica

NYSE:CMA

US$8.0b

Credicorp

NYSE:BAP

US$14.5b

Price History & Performance

Summary of share price highs, lows and changes for Credito Emiliano
Historical stock prices
Current Share Price	€9.95
52 Week High	€9.95
52 Week Low	€8.90
Beta	1.07
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	46.15%
5 Year Change	73.70%
Change since IPO	6.10%

Recent updates

Shareholder Returns

	CDEF.F	US Banks	US Market
7D	0%	-3.4%	-2.4%
1Y	n/a	29.1%	23.4%

Return vs Industry: Insufficient data to determine how CDEF.F performed against the US Banks industry.

Return vs Market: Insufficient data to determine how CDEF.F performed against the US Market.

Price Volatility

Is CDEF.F's price volatile compared to industry and market?
CDEF.F volatility
CDEF.F Average Weekly Movement	n/a
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: CDEF.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine CDEF.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1910	6,519	Angelo Campani	www.credem.it

Credito Emiliano S.p.A., together with its subsidiaries, engages in the provision of commercial banking and wealth management services to retail and corporate customers primarily in Italy. The company operates through Commercial Banking, Asset Management, Bancassurance, Finance, Treasury, and Corporate Centre, and Other segments. Its deposit products include current and savings accounts, time deposits, certificates of deposit, and bonds and subordinated debts; and loan portfolio comprises mortgages, credit cards, personal loans, and salary-backed loans.

Credito Emiliano S.p.A. Fundamentals Summary

How do Credito Emiliano's earnings and revenue compare to its market cap?
CDEF.F fundamental statistics
Market cap	US$3.62b
Earnings (TTM)	US$634.04m
Revenue (TTM)	US$2.04b

5.7x

P/E Ratio

0.8x

P/B Ratio

Is CDEF.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDEF.F income statement (TTM)
Revenue	€1.89b
Cost of Revenue	€1.12m
Gross Profit	€1.89b
Other Expenses	€1.30b
Earnings	€587.18m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 05, 2024

Earnings per share (EPS)	1.74
Gross Margin	99.94%
Net Profit Margin	31.03%
Debt/Equity Ratio	298.1%

How did CDEF.F perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

26%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/10/29 15:24
End of Day Share Price	2024/08/01 00:00
Earnings	2024/06/30
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Credito Emiliano S.p.A. is covered by 22 analysts. 6 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
null Equity Team	Actinvest Group Ltd.
Luigi Tramontana	Banca Akros S.p.A. (ESN)
Daniela Miccolis	Banca Leonardo

Credito Emiliano OTCPK:CDEF.F Stock Report