Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Ps Multiple | 8.6x - 9.5x | 9.0x |
| Selected Fwd Ps Multiple | 5.4x - 6.0x | 5.7x |
| Fair Value | R2,708 - R2,994 | R2,851 |
| Upside | -21.4% - -13.1% | -17.3% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| OTP Bank Nyrt. | - | BUSE:OTP |
| Erste Group Bank AG | - | OTCPK:EBKO.F |
| MONETA Money Bank, a.s. | - | SEP:MONET |
| TBC Bank Group PLC | - | LSE:TBCG |
| Raiffeisen Bank International AG | - | WBAG:RBI |
| Capitec Bank Holdings Limited | - | JSE:CPI |
| Select Price / LTM Sales Ratio | ||||||||
| Benchmark Companies | ||||||||
| OTP | EBKO.F | MONET | TBCG | RBI | CPI | |||
| BUSE:OTP | OTCPK:EBKO.F | SEP:MONET | LSE:TBCG | WBAG:RBI | JSE:CPI | |||
| Historical Sales Growth | ||||||||
| 5Y CAGR | 19.8% | 8.4% | 4.8% | 20.4% | 10.1% | 16.6% | ||
| 3Y CAGR | 25.3% | 12.5% | 6.4% | 21.1% | 17.0% | 15.3% | ||
| Latest Twelve Months | 19.5% | 3.9% | 11.2% | 18.3% | 3.3% | 31.1% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 35.1% | 31.4% | 42.1% | 50.6% | 29.8% | 36.3% | ||
| Prior Fiscal Year | 46.5% | 28.3% | 46.6% | 51.2% | 25.4% | 38.7% | ||
| Latest Fiscal Year | 41.4% | 27.7% | 50.6% | 48.9% | 20.2% | 38.4% | ||
| Latest Twelve Months | 38.0% | 27.3% | 51.0% | 48.3% | 20.7% | 38.4% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | NA | NA | NA | NA | NA | NA | ||
| Price / LTM Sales | 2.8x | 2.5x | 5.7x | 3.4x | 1.0x | 11.2x | ||
| LTM P/E Ratio | 7.3x | 9.3x | 11.2x | 7.0x | 4.9x | 29.1x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/S Ratio | 1.0x | 2.8x | 5.7x | |||||
| Historical LTM P/S Ratio | 8.6x | 10.8x | 11.2x | |||||
| Selected Price / Sales Multiple | 8.6x | 9.0x | 9.5x | |||||
| (x) LTM Sales | 35,797 | 35,797 | 35,797 | |||||
| (=) Equity Value | 307,110 | 323,274 | 339,438 | |||||
| (/) Shares Outstanding | 115.8 | 115.8 | 115.8 | |||||
| Implied Value Range | 2,651.56 | 2,791.12 | 2,930.67 | |||||
| FX Rate: ZAR/ZAR | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 2,651.56 | 2,791.12 | 2,930.67 | 3,446.41 | ||||
| Upside / (Downside) | -23.1% | -19.0% | -15.0% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | OTP | EBKO.F | MONET | TBCG | RBI | CPI | |
| Value of Common Equity | 7,292,467 | 27,469 | 73,380 | 9,103 | 8,814 | 399,172 | |
| (/) Shares Outstanding | 270.3 | 388.1 | 511.0 | 55.3 | 327.9 | 115.8 | |
| Implied Stock Price | 26,980.00 | 70.77 | 143.60 | 164.49 | 26.88 | 3,446.41 | |
| FX Conversion Rate to Trading Currency | 1.00 | 0.88 | 1.00 | 3.68 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 26,980.00 | 80.35 | 143.60 | 44.65 | 26.88 | 3,446.41 | |
| Trading Currency | HUF | USD | CZK | GBP | EUR | ZAR | |
| FX Rate to Reporting Currency | 1.00 | 0.88 | 1.00 | 3.68 | 1.00 | 1.00 | |