BANCO BILBAO VIZCAYA-SP ADR (BBVA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BBVA - US05946K1016 - ADR
22.63 USD
-0.13 (-0.57%)
22.64 USD
+0.01 (+0.04%)
We assign a fundamental rating of 3 out of 10 to BBVA. BBVA was compared to 387 industry peers in the Banks industry. BBVA has a bad profitability rating. Also its financial health evaluation is rather negative. BBVA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BBVA was profitable.
In the past year BBVA had a positive cash flow from operations.
In the past 5 years BBVA has always been profitable.
In multiple years BBVA reported negative operating cash flow during the last 5 years.
1.2 Ratios
BBVA has a Return On Assets of 1.23%. This is in the better half of the industry: BBVA outperforms 78.55% of its industry peers.
Looking at the Return On Equity, with a value of 17.37%, BBVA belongs to the top of the industry, outperforming 96.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 17.37% | ||
| ROIC | N/A |
ROA(3y)1.03%
ROA(5y)0.78%
ROE(3y)15.03%
ROE(5y)11.56%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BBVA has a Profit Margin of 21.13%. This is in the lower half of the industry: BBVA underperforms 62.27% of its industry peers.
In the last couple of years the Profit Margin of BBVA has grown nicely.
BBVA does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 21.13% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y9.49%
PM growth 5Y10.24%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BBVA does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BBVA has less shares outstanding
Compared to 5 years ago, BBVA has less shares outstanding
Compared to 1 year ago, BBVA has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of BBVA is 39.58, which is on the high side as it means it would take BBVA, 39.58 years of fcf income to pay off all of its debts.
BBVA has a worse Debt to FCF ratio (39.58) than 84.50% of its industry peers.
BBVA has a Debt/Equity ratio of 1.73. This is a high value indicating a heavy dependency on external financing.
BBVA's Debt to Equity ratio of 1.73 is on the low side compared to the rest of the industry. BBVA is outperformed by 87.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.73 | ||
| Debt/FCF | 39.58 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.97%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BBVA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.41%.
Measured over the past years, BBVA shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.83% on average per year.
BBVA shows a small growth in Revenue. In the last year, the Revenue has grown by 7.42%.
Measured over the past years, BBVA shows a quite strong growth in Revenue. The Revenue has been growing by 11.07% on average per year.
EPS 1Y (TTM)7.41%
EPS 3Y33.16%
EPS 5Y20.83%
EPS Q2Q%-6.67%
Revenue 1Y (TTM)7.42%
Revenue growth 3Y19.7%
Revenue growth 5Y11.07%
Sales Q2Q%-23.82%
3.2 Future
Based on estimates for the next years, BBVA will show a small growth in Earnings Per Share. The EPS will grow by 5.40% on average per year.
The Revenue is expected to grow by 3.23% on average over the next years.
EPS Next Y7.27%
EPS Next 2Y8.31%
EPS Next 3Y8.88%
EPS Next 5Y5.4%
Revenue Next Year4.56%
Revenue Next 2Y4.64%
Revenue Next 3Y4.38%
Revenue Next 5Y3.23%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.04 indicates a reasonable valuation of BBVA.
Based on the Price/Earnings ratio, BBVA is valued a bit cheaper than 69.51% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.54, BBVA is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.64, the valuation of BBVA can be described as reasonable.
65.63% of the companies in the same industry are more expensive than BBVA, based on the Price/Forward Earnings ratio.
BBVA is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 9.64 |
4.2 Price Multiples
BBVA's Price/Free Cash Flow ratio is rather expensive when compared to the industry. BBVA is more expensive than 80.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.07 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.52
PEG (5Y)0.53
EPS Next 2Y8.31%
EPS Next 3Y8.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.69%, BBVA has a reasonable but not impressive dividend return.
BBVA's Dividend Yield is comparable with the industry average which is at 3.11.
Compared to an average S&P500 Dividend Yield of 2.27, BBVA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
5.2 History
On average, the dividend of BBVA grows each year by 15.86%, which is quite nice.
BBVA has paid a dividend for at least 10 years, which is a reliable track record.
BBVA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)15.86%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BBVA pays out 40.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of BBVA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP40.21%
EPS Next 2Y8.31%
EPS Next 3Y8.88%
22.63
-0.13 (-0.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners41.26%
Inst Owner Change-4.87%
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap129.78B
Revenue(TTM)47.38B
Net Income(TTM)10.01B
Analysts77.04
Price Target22.63 (0%)
Short Float %0.02%
Short Ratio0.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
Yearly Dividend0.79
Dividend Growth(5Y)15.86%
DP40.21%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.23%
Min EPS beat(2)11.08%
Max EPS beat(2)27.38%
EPS beat(4)4
Avg EPS beat(4)13.63%
Min EPS beat(4)5.97%
Max EPS beat(4)27.38%
EPS beat(8)7
Avg EPS beat(8)10.27%
EPS beat(12)10
Avg EPS beat(12)7.45%
EPS beat(16)14
Avg EPS beat(16)22.07%
Revenue beat(2)0
Avg Revenue beat(2)-15.26%
Min Revenue beat(2)-27.35%
Max Revenue beat(2)-3.17%
Revenue beat(4)2
Avg Revenue beat(4)-5.03%
Min Revenue beat(4)-27.35%
Max Revenue beat(4)8.01%
Revenue beat(8)5
Avg Revenue beat(8)-1.69%
Revenue beat(12)8
Avg Revenue beat(12)2.4%
Revenue beat(16)12
Avg Revenue beat(16)11.08%
PT rev (1m)7.7%
PT rev (3m)20.51%
EPS NQ rev (1m)1.9%
EPS NQ rev (3m)-20.86%
EPS NY rev (1m)0.55%
EPS NY rev (3m)3.03%
Revenue NQ rev (1m)3.91%
Revenue NQ rev (3m)4.4%
Revenue NY rev (1m)0.25%
Revenue NY rev (3m)0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 9.64 | ||
| P/S | 2.34 | ||
| P/FCF | 44.07 | ||
| P/OCF | 25.99 | ||
| P/B | 1.92 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.05
EY9.06%
EPS(NY)2.35
Fwd EY10.37%
FCF(TTM)0.51
FCFY2.27%
OCF(TTM)0.87
OCFY3.85%
SpS9.68
BVpS11.77
TBVpS11.23
PEG (NY)1.52
PEG (5Y)0.53
Graham Number23.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 17.37% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 21.13% | ||
| GM | N/A | ||
| FCFM | 5.31% |
ROA(3y)1.03%
ROA(5y)0.78%
ROE(3y)15.03%
ROE(5y)11.56%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y9.49%
PM growth 5Y10.24%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.73 | ||
| Debt/FCF | 39.58 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 113.8% | ||
| Cap/Sales | 3.69% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 25.11% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC5.97%
ROIC/WACCN/A
Cap/Depr(3y)148.24%
Cap/Depr(5y)121.71%
Cap/Sales(3y)5.48%
Cap/Sales(5y)4.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.41%
EPS 3Y33.16%
EPS 5Y20.83%
EPS Q2Q%-6.67%
EPS Next Y7.27%
EPS Next 2Y8.31%
EPS Next 3Y8.88%
EPS Next 5Y5.4%
Revenue 1Y (TTM)7.42%
Revenue growth 3Y19.7%
Revenue growth 5Y11.07%
Sales Q2Q%-23.82%
Revenue Next Year4.56%
Revenue Next 2Y4.64%
Revenue Next 3Y4.38%
Revenue Next 5Y3.23%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y113.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y125.42%
OCF growth 3YN/A
OCF growth 5YN/A
BANCO BILBAO VIZCAYA-SP ADR / BBVA FAQ
Can you provide the ChartMill fundamental rating for BANCO BILBAO VIZCAYA-SP ADR?
ChartMill assigns a fundamental rating of 3 / 10 to BBVA.
What is the valuation status for BBVA stock?
ChartMill assigns a valuation rating of 4 / 10 to BANCO BILBAO VIZCAYA-SP ADR (BBVA). This can be considered as Fairly Valued.
Can you provide the profitability details for BANCO BILBAO VIZCAYA-SP ADR?
BANCO BILBAO VIZCAYA-SP ADR (BBVA) has a profitability rating of 3 / 10.
Can you provide the financial health for BBVA stock?
The financial health rating of BANCO BILBAO VIZCAYA-SP ADR (BBVA) is 1 / 10.
What is the earnings growth outlook for BANCO BILBAO VIZCAYA-SP ADR?
The Earnings per Share (EPS) of BANCO BILBAO VIZCAYA-SP ADR (BBVA) is expected to grow by 7.27% in the next year.