Financials Banco Santander, S.A.

Equities

SAN

ES0113900J37

Banks

Market Closed - BME 11:43:23 2024-04-26 am EDT 5-day change 1st Jan Change
4.85 EUR +2.16% Intraday chart for Banco Santander, S.A. +7.51% +28.34%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 61,963 43,978 50,197 46,383 60,030 75,780 - -
Enterprise Value (EV) 1 61,963 43,978 50,197 46,383 60,030 75,780 75,780 75,780
P/E ratio 10.3 x -4.72 x 6.74 x 5.2 x 5.81 x 6.9 x 6.53 x 6.15 x
Yield 6.17% 1.08% 3.4% 4.2% 3.72% 3.93% 4.25% 4.5%
Capitalization / Revenue 1.25 x 0.99 x 1.08 x 0.89 x 1.05 x 1.26 x 1.24 x 1.21 x
EV / Revenue 1.25 x 0.99 x 1.08 x 0.89 x 1.05 x 1.26 x 1.24 x 1.21 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.62 x 0.54 x 0.58 x 0.52 x 0.58 x 0.75 x 0.69 x 0.64 x
Nbr of stocks (in thousands) 17,334,321 17,327,859 17,071,070 16,550,713 15,882,962 15,623,097 - -
Reference price 2 3.575 2.538 2.940 2.802 3.780 4.850 4.850 4.850
Announcement Date 1/29/20 2/3/21 2/2/22 2/2/23 1/31/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 49,494 44,600 46,404 52,117 57,423 59,960 61,129 62,556
EBITDA - - - - - - - -
EBIT 1 26,214 23,633 24,989 28,251 32,222 33,700 34,133 34,593
Operating Margin 52.96% 52.99% 53.85% 54.21% 56.11% 56.2% 55.84% 55.3%
Earnings before Tax (EBT) 1 12,543 -2,076 14,547 15,250 16,698 17,763 18,334 18,598
Net income 1 6,515 -8,771 8,124 9,605 11,076 11,146 11,397 11,488
Net margin 13.16% -19.67% 17.51% 18.43% 19.29% 18.59% 18.64% 18.36%
EPS 2 0.3469 -0.5380 0.4360 0.5390 0.6500 0.7029 0.7434 0.7883
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2204 0.0275 0.1000 0.1178 0.1405 0.1908 0.2061 0.2181
Announcement Date 1/29/20 2/3/21 2/2/22 2/2/23 1/31/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 22,518 22,695 11,931 11,778 12,305 12,815 25,120 13,474 13,523 13,922 14,088 28,010 14,861 14,552 14,926 15,302 15,204 15,184
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 11,865 12,318 6,530 6,141 6,770 6,915 13,685 7,349 7,217 7,790 7,965 15,755 8,379 8,088 8,489 9,098 8,911 8,532
Operating Margin 52.69% 54.28% 54.73% 52.14% 55.02% 53.96% 54.48% 54.54% 53.37% 55.95% 56.54% 56.25% 56.38% 55.58% 56.87% 59.45% 58.61% 56.19%
Earnings before Tax (EBT) 1 - - 3,802 3,831 4,171 3,744 7,915 3,846 3,489 3,832 4,258 8,090 4,447 3,922 4,526 4,807 4,581 4,375
Net income 1 -10,798 3,675 2,174 2,275 2,543 2,351 4,894 2,422 2,289 2,571 2,670 5,241 2,902 2,933 2,879 3,231 2,950 2,723
Net margin -47.95% 16.19% 18.22% 19.32% 20.67% 18.35% 19.48% 17.98% 16.93% 18.47% 18.95% 18.71% 19.53% 20.16% 19.29% 21.11% 19.4% 17.93%
EPS 2 - - 0.1160 0.1240 0.1410 0.1300 - 0.1370 0.1310 0.1500 0.1600 - 0.1700 0.1800 0.1737 0.1868 0.1762 0.1590
Dividend per Share 2 - - - 0.0515 - - - - - - - - - - - - - 0.1893
Announcement Date 7/29/20 7/28/21 10/27/21 2/2/22 4/26/22 7/28/22 7/28/22 10/26/22 2/2/23 4/25/23 7/26/23 7/26/23 10/25/23 1/31/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 6.62% 5.68% 10.3% 10.7% 11.9% 11.2% 10.9% 10.6%
ROA (Net income/ Total Assets) 0.54% 0.4% 0.65% 0.63% 0.69% 0.61% 0.6% 0.6%
Assets 1 1,206,481 -2,192,750 1,249,846 1,524,603 1,605,217 1,841,901 1,910,320 1,922,339
Book Value Per Share 2 5.770 4.710 5.090 5.380 6.560 6.490 7.010 7.590
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/29/20 2/3/21 2/2/22 2/2/23 1/31/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
4.85 EUR
Average target price
5.23 EUR
Spread / Average Target
+7.81%
Consensus
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  4. Financials Banco Santander, S.A.