Financials BBVA

Equities

BBVA

ES0113211835

Banks

Market Closed - BME 11:39:08 2024-04-26 am EDT 5-day change 1st Jan Change
10.98 EUR +4.57% Intraday chart for BBVA +7.64% +33.54%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 33,146 26,784 34,922 33,440 47,978 61,550 - -
Enterprise Value (EV) 1 33,146 26,784 34,922 33,440 47,978 61,550 61,550 61,550
P/E ratio 10.6 x 28.8 x 7.84 x 5.69 x 6.38 x 7.75 x 7.71 x 7.45 x
Yield 5.22% 1.46% 5.9% 7.63% 6.69% 5.85% 5.87% 6.1%
Capitalization / Revenue 1.35 x 1.17 x 1.66 x 1.34 x 1.62 x 1.92 x 1.9 x 1.86 x
EV / Revenue 1.35 x 1.17 x 1.66 x 1.34 x 1.62 x 1.92 x 1.9 x 1.86 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.68 x 0.6 x 0.77 x 0.7 x 0.93 x 1.17 x 1.09 x 1.02 x
Nbr of stocks (in thousands) 6,651,887 6,637,887 6,651,887 5,935,449 5,832,455 5,603,064 - -
Reference price 2 4.983 4.035 5.250 5.634 8.226 10.98 10.98 10.98
Announcement Date 1/31/20 1/29/21 2/3/22 2/1/23 1/30/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 24,542 22,974 21,066 24,890 29,542 32,002 32,368 33,142
EBITDA - - - - - - - -
EBIT 1 12,639 12,219 11,536 14,130 17,233 18,331 18,255 18,517
Operating Margin 51.5% 53.19% 54.76% 56.77% 58.33% 57.28% 56.4% 55.87%
Earnings before Tax (EBT) 1 7,716 5,225 8,240 10,490 12,419 12,481 12,147 12,216
Net income 1 3,512 1,305 4,653 6,420 8,019 8,183 7,973 8,051
Net margin 14.31% 5.68% 22.09% 25.79% 27.14% 25.57% 24.63% 24.29%
EPS 2 0.4700 0.1400 0.6700 0.9900 1.290 1.418 1.425 1.475
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2600 0.0590 0.3100 0.4300 0.5500 0.6428 0.6453 0.6696
Announcement Date 1/31/20 1/29/21 2/3/22 2/1/23 1/30/24 - - -
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 12,045 10,259 5,330 5,477 5,939 6,094 11,509 6,857 6,524 6,958 7,189 14,148 7,956 7,438 7,925 8,470 8,264 8,259
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 6,533 5,661 2,953 2,923 3,525 3,464 6,456 4,038 3,636 3,942 4,267 8,209 4,654 4,370 4,565 4,936 4,679 4,378
Operating Margin 54.24% 55.18% 55.4% 53.37% 59.35% 56.84% 56.1% 58.89% 55.73% 56.65% 59.35% 58.02% 58.5% 58.75% 57.6% 58.28% 56.62% 53.01%
Earnings before Tax (EBT) 1 - - 2,299 2,058 2,766 2,694 4,921 2,988 2,581 2,944 3,178 6,122 3,365 2,932 3,162 - - -
Net income 1 -1,157 1,911 1,400 1,341 1,651 1,675 3,001 1,841 1,578 1,846 2,032 3,878 2,083 2,058 2,046 2,443 2,216 2,117
Net margin -9.61% 18.63% 26.27% 24.48% 27.8% 27.49% 26.08% 26.85% 24.19% 26.53% 28.27% 27.41% 26.18% 27.67% 25.82% 28.85% 26.82% 25.64%
EPS 2 - - 0.2000 0.2000 0.2400 0.2500 - 0.2800 0.2400 0.2900 0.3300 - 0.3300 0.3300 0.3433 0.3904 0.3739 0.3419
Dividend per Share 2 - - - 0.2300 - - - - 0.3100 - - - - 0.3900 - - - 0.7215
Announcement Date 7/30/20 7/30/21 10/29/21 2/3/22 4/29/22 7/29/22 7/29/22 10/28/22 2/1/23 4/27/23 7/28/23 7/28/23 10/31/23 1/30/24 - - - -
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) 9.9% 6.9% 10.4% 14.1% 16.2% 15.4% 14.3% 14%
ROA (Net income/ Total Assets) 0.82% 0.53% 0.83% 1% 1.12% 1.04% 0.96% 0.95%
Assets 1 428,293 246,226 560,602 642,000 715,982 788,173 828,867 844,139
Book Value Per Share 2 7.320 6.700 6.860 8.010 8.860 9.390 10.10 10.70
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/31/20 1/29/21 2/3/22 2/1/23 1/30/24 - - -
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
A+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
10.98 EUR
Average target price
10.7 EUR
Spread / Average Target
-2.61%
Consensus