BANCO SANTANDER SA (BSD2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSD2 - ES0113900J37 - Common Stock
10.636 EUR
+0.32 (+3.12%)
We assign a fundamental rating of 3 out of 10 to BSD2. BSD2 was compared to 111 industry peers in the Banks industry. BSD2 has a bad profitability rating. Also its financial health evaluation is rather negative. BSD2 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- BSD2 had positive earnings in the past year.
- Of the past 5 years BSD2 4 years were profitable.
- BSD2 had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 0.74%, BSD2 perfoms like the industry average, outperforming 48.65% of the companies in the same industry.
- The Return On Equity of BSD2 (13.46%) is better than 69.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 13.46% | ||
| ROIC | N/A |
ROA(3y)0.62%
ROA(5y)0.36%
ROE(3y)11.71%
ROE(5y)6.74%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 19.79%, BSD2 is doing worse than 65.77% of the companies in the same industry.
- In the last couple of years the Profit Margin of BSD2 has grown nicely.
- The Operating Margin and Gross Margin are not available for BSD2 so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 19.79% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y6.17%
PM growth 5Y10.55%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- BSD2 does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, BSD2 has less shares outstanding
- Compared to 5 years ago, BSD2 has less shares outstanding
- The debt/assets ratio for BSD2 is higher compared to a year ago.
2.2 Solvency
- BSD2 has a Debt/Equity ratio of 3.13. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 3.13, BSD2 is doing worse than 72.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.58%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- BSD2 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.22%, which is quite good.
- BSD2 shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.42% yearly.
- Looking at the last year, BSD2 shows a small growth in Revenue. The Revenue has grown by 0.08% in the last year.
- Measured over the past years, BSD2 shows a small growth in Revenue. The Revenue has been growing by 3.17% on average per year.
EPS 1Y (TTM)16.22%
EPS 3Y20.14%
EPS 5Y16.42%
EPS Q2Q%15%
Revenue 1Y (TTM)0.08%
Revenue growth 3Y8.95%
Revenue growth 5Y3.17%
Sales Q2Q%0.87%
3.2 Future
- The Earnings Per Share is expected to grow by 3.00% on average over the next years.
- Based on estimates for the next years, BSD2 will show a small growth in Revenue. The Revenue will grow by 2.33% on average per year.
EPS Next Y18.61%
EPS Next 2Y14.02%
EPS Next 3Y13.64%
EPS Next 5Y3%
Revenue Next Year0.97%
Revenue Next 2Y0.17%
Revenue Next 3Y1.33%
Revenue Next 5Y2.33%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 12.37 indicates a correct valuation of BSD2.
- Compared to the rest of the industry, the Price/Earnings ratio of BSD2 indicates a slightly more expensive valuation: BSD2 is more expensive than 63.96% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. BSD2 is valued rather cheaply when compared to this.
- Based on the Price/Forward Earnings ratio of 10.63, the valuation of BSD2 can be described as reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BSD2 indicates a somewhat cheap valuation: BSD2 is cheaper than 63.96% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, BSD2 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.37 | ||
| Fwd PE | 10.63 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- BSD2's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as BSD2's earnings are expected to grow with 13.64% in the coming years.
PEG (NY)0.66
PEG (5Y)0.75
EPS Next 2Y14.02%
EPS Next 3Y13.64%
5. Dividend
5.1 Amount
- BSD2 has a Yearly Dividend Yield of 1.73%.
- With a Dividend Yield of 1.73, BSD2 pays less dividend than the industry average, which is at 4.03. 88.29% of the companies listed in the same industry pay a better dividend than BSD2!
- Compared to an average S&P500 Dividend Yield of 1.82, BSD2 has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
5.2 History
- The dividend of BSD2 decreases each year by -2.45%.
Dividend Growth(5Y)-2.45%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
DPN/A
EPS Next 2Y14.02%
EPS Next 3Y13.64%
BANCO SANTANDER SA / BSD2.DE FAQ
What is the fundamental rating for BSD2 stock?
ChartMill assigns a fundamental rating of 3 / 10 to BSD2.DE.
What is the valuation status of BANCO SANTANDER SA (BSD2.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to BANCO SANTANDER SA (BSD2.DE). This can be considered as Fairly Valued.
How profitable is BANCO SANTANDER SA (BSD2.DE) stock?
BANCO SANTANDER SA (BSD2.DE) has a profitability rating of 3 / 10.
What are the PE and PB ratios of BANCO SANTANDER SA (BSD2.DE) stock?
The Price/Earnings (PE) ratio for BANCO SANTANDER SA (BSD2.DE) is 12.37 and the Price/Book (PB) ratio is 1.55.