Financials Bankinter, S.A.

Equities

BKT

ES0113679I37

Banks

Market Closed - BME 11:35:26 2024-04-26 am EDT 5-day change 1st Jan Change
7.326 EUR +0.25% Intraday chart for Bankinter, S.A. +1.05% +26.40%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,868 3,976 4,051 5,633 5,209 6,583 - -
Enterprise Value (EV) 1 5,868 3,976 4,051 5,633 5,209 6,583 6,583 6,583
P/E ratio 10.9 x 13.4 x 3.09 x 10.3 x 1.83 x 7.24 x 7.83 x 8.02 x
Yield 4.44% 2.26% 5.1% 4.47% 7.76% 6.88% 6.39% 6.24%
Capitalization / Revenue 2.86 x 2.33 x 2.18 x 2.7 x 1.96 x 2.32 x 2.37 x 2.37 x
EV / Revenue 2.86 x 2.33 x 2.18 x 2.7 x 1.96 x 2.32 x 2.37 x 2.37 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.22 x 0.8 x 0.84 x 1.15 x 0.98 x 1.15 x 1.08 x 1.01 x
Nbr of stocks (in thousands) 898,317 898,721 898,511 898,638 898,637 898,646 - -
Reference price 2 6.532 4.424 4.509 6.268 5.796 7.326 7.326 7.326
Announcement Date 1/23/20 1/21/21 1/20/22 1/19/23 1/25/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,055 1,709 1,855 2,084 2,661 2,836 2,774 2,781
EBITDA - - - - - - - -
EBIT 1 977.5 880.2 1,002 1,166 1,667 1,786 1,686 1,655
Operating Margin 47.57% 51.5% 54.01% 55.95% 62.65% 62.98% 60.8% 59.5%
Earnings before Tax (EBT) 1 741.4 230.5 536.7 785 1,229 1,343 1,235 1,205
Net income 1 550.7 317.1 1,333 560 845 917.3 850.7 825.3
Net margin 26.8% 18.56% 71.85% 26.87% 31.75% 32.34% 30.67% 29.68%
EPS 2 0.6000 0.3300 1.460 0.6100 3.170 1.012 0.9362 0.9140
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2900 0.1000 0.2300 0.2800 0.4500 0.5043 0.4679 0.4573
Announcement Date 1/23/20 1/21/21 1/20/22 1/19/23 1/25/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4
Net sales 863.2 914.7 432.4 499.5 463.3 962.8 555 567 616 662 1,278 727 655 - - -
EBITDA - - - - - - - - - - - - - - - -
EBIT 469.7 504.1 203.5 291.9 243.2 535.1 328 304 396 429 - 480 362 - - -
Operating Margin 54.41% 55.11% 47.05% 58.43% 52.5% 55.58% 59.1% 53.62% 64.29% 64.8% - 66.02% 55.27% - - -
Earnings before Tax (EBT) 61.83 - 93.91 214.3 159.6 373.9 227.7 183 294 330.8 625.2 378 225 - - -
Net income 1 109.1 1,140 82.46 154.3 116.7 271 159 130 185 233.2 417.9 267 160 286 279.2 205.5
Net margin 12.64% 124.66% 19.07% 30.89% 25.2% 28.15% 28.65% 22.93% 30.03% 35.23% 32.7% 36.73% 24.43% - - -
EPS 2 - - 0.0800 0.1700 0.1200 - 0.1800 0.1400 0.2000 0.2500 - 0.2900 0.9100 0.3032 0.2946 0.2069
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 7/23/20 7/21/21 1/20/22 4/21/22 7/21/22 7/21/22 10/20/22 1/19/23 4/20/23 7/20/23 7/20/23 10/19/23 1/25/24 - - -
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) 13% 7.03% 9.59% 12% 17.1% 16.5% 14.1% 12.9%
ROA (Net income/ Total Assets) 0.67% 0.35% 0.44% 0.52% 0.81% 0.78% 0.71% 0.66%
Assets 1 82,189 90,607 302,979 107,692 104,321 117,326 120,282 124,609
Book Value Per Share 2 5.340 5.520 5.400 5.460 5.920 6.350 6.800 7.220
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/23/20 1/21/21 1/20/22 1/19/23 1/25/24 - - -
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
18
Last Close Price
7.326 EUR
Average target price
8.243 EUR
Spread / Average Target
+12.51%
Consensus
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