Logo image of UCG.MI

UNICREDIT SPA (UCG.MI) Stock Fundamental Analysis

BIT:UCG - Euronext Milan - IT0005239360 - Common Stock - Currency: EUR

57.58  -0.66 (-1.13%)

Fundamental Rating

3

Taking everything into account, UCG scores 3 out of 10 in our fundamental rating. UCG was compared to 91 industry peers in the Banks industry. There are concerns on the financial health of UCG while its profitability can be described as average. UCG has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

4

1. Profitability

1.1 Basic Checks

UCG had positive earnings in the past year.
In the past year UCG has reported a negative cash flow from operations.
UCG had positive earnings in 4 of the past 5 years.
In multiple years UCG reported negative operating cash flow during the last 5 years.
UCG.MI Yearly Net Income VS EBIT VS OCF VS FCFUCG.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B -20B 40B -40B 60B 80B

1.2 Ratios

UCG has a better Return On Assets (1.24%) than 78.02% of its industry peers.
Looking at the Return On Equity, with a value of 15.57%, UCG belongs to the top of the industry, outperforming 80.22% of the companies in the same industry.
Industry RankSector Rank
ROA 1.24%
ROE 15.57%
ROIC N/A
ROA(3y)1.06%
ROA(5y)0.61%
ROE(3y)13.49%
ROE(5y)7.61%
ROIC(3y)N/A
ROIC(5y)N/A
UCG.MI Yearly ROA, ROE, ROICUCG.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

1.3 Margins

UCG has a Profit Margin of 32.18%. This is amongst the best in the industry. UCG outperforms 81.32% of its industry peers.
UCG's Profit Margin has improved in the last couple of years.
UCG does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 32.18%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y84.53%
PM growth 5Y19.61%
GM growth 3YN/A
GM growth 5YN/A
UCG.MI Yearly Profit, Operating, Gross MarginsUCG.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

More info and screens

1

2. Health

2.1 Basic Checks

UCG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, UCG has less shares outstanding
UCG has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, UCG has a worse debt to assets ratio.
UCG.MI Yearly Shares OutstandingUCG.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
UCG.MI Yearly Total Debt VS Total AssetsUCG.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200B 400B 600B 800B

2.2 Solvency

UCG has a Debt/Equity ratio of 2.92. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of UCG (2.92) is worse than 72.53% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.92
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC5.56%
UCG.MI Yearly LT Debt VS Equity VS FCFUCG.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B 100B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
UCG.MI Yearly Current Assets VS Current LiabilitesUCG.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B

More info and screens

3

3. Growth

3.1 Past

UCG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.01%, which is quite good.
The Earnings Per Share has been growing by 18.66% on average over the past years. This is quite good.
UCG shows a small growth in Revenue. In the last year, the Revenue has grown by 5.45%.
The Revenue has been growing slightly by 4.09% on average over the past years.
EPS 1Y (TTM)19.01%
EPS 3Y49.15%
EPS 5Y18.66%
EPS Q2Q%17.76%
Revenue 1Y (TTM)5.45%
Revenue growth 3Y0.8%
Revenue growth 5Y4.09%
Sales Q2Q%2.81%

3.2 Future

The Earnings Per Share is expected to decrease by -3.06% on average over the next years.
UCG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.84% yearly.
EPS Next Y8.82%
EPS Next 2Y8.49%
EPS Next 3Y9.69%
EPS Next 5Y-3.06%
Revenue Next Year-2.29%
Revenue Next 2Y-0.65%
Revenue Next 3Y0.39%
Revenue Next 5Y-0.84%

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.
UCG.MI Yearly Revenue VS EstimatesUCG.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 10B 20B 30B
UCG.MI Yearly EPS VS EstimatesUCG.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5 -5

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 9.58, the valuation of UCG can be described as very reasonable.
The rest of the industry has a similar Price/Earnings ratio as UCG.
The average S&P500 Price/Earnings ratio is at 27.19. UCG is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.52, the valuation of UCG can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UCG indicates a somewhat cheap valuation: UCG is cheaper than 73.63% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.33, UCG is valued rather cheaply.
Industry RankSector Rank
PE 9.58
Fwd PE 8.52
UCG.MI Price Earnings VS Forward Price EarningsUCG.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
UCG.MI Per share dataUCG.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

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)1.09
PEG (5Y)0.51
EPS Next 2Y8.49%
EPS Next 3Y9.69%

More info and screens

6

5. Dividend

5.1 Amount

UCG has a Yearly Dividend Yield of 4.05%, which is a nice return.
UCG's Dividend Yield is slightly below the industry average, which is at 5.19.
Compared to an average S&P500 Dividend Yield of 2.35, UCG pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.05%

5.2 History

The dividend of UCG is nicely growing with an annual growth rate of 38.95%!
Dividend Growth(5Y)38.95%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

50.93% of the earnings are spent on dividend by UCG. This is a bit on the high side, but may be sustainable.
UCG's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP50.93%
EPS Next 2Y8.49%
EPS Next 3Y9.69%
UCG.MI Yearly Income VS Free CF VS DividendUCG.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B -20B 40B -40B 60B 80B
UCG.MI Dividend Payout.UCG.MI Dividend Payout, showing the Payout Ratio.UCG.MI Dividend Payout.PayoutRetained Earnings

More info and screens

UNICREDIT SPA

BIT:UCG (7/15/2025, 7:00:00 PM)

57.58

-0.66 (-1.13%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)05-12 2025-05-12/bmo
Earnings (Next)07-22 2025-07-22
Inst Owners43.36%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap89.69B
Analysts77.39
Price Target59.76 (3.79%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.05%
Yearly Dividend3.03
Dividend Growth(5Y)38.95%
DP50.93%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.81%
Min EPS beat(2)-15.25%
Max EPS beat(2)7.64%
EPS beat(4)3
Avg EPS beat(4)4.91%
Min EPS beat(4)-15.25%
Max EPS beat(4)15.51%
EPS beat(8)7
Avg EPS beat(8)19.01%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.74%
Min Revenue beat(2)0.76%
Max Revenue beat(2)2.73%
Revenue beat(4)4
Avg Revenue beat(4)2.55%
Min Revenue beat(4)0.76%
Max Revenue beat(4)3.93%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.27%
PT rev (3m)11.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.8%
EPS NY rev (1m)0%
EPS NY rev (3m)0.99%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.57%
Valuation
Industry RankSector Rank
PE 9.58
Fwd PE 8.52
P/S 2.97
P/FCF N/A
P/OCF N/A
P/B 1.44
P/tB 1.49
EV/EBITDA N/A
EPS(TTM)6.01
EY10.44%
EPS(NY)6.76
Fwd EY11.73%
FCF(TTM)-5.66
FCFYN/A
OCF(TTM)-4.54
OCFYN/A
SpS19.39
BVpS40.09
TBVpS38.65
PEG (NY)1.09
PEG (5Y)0.51
Profitability
Industry RankSector Rank
ROA 1.24%
ROE 15.57%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 32.18%
GM N/A
FCFM N/A
ROA(3y)1.06%
ROA(5y)0.61%
ROE(3y)13.49%
ROE(5y)7.61%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y84.53%
PM growth 5Y19.61%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 2.92
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 133.23%
Cap/Sales 5.76%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score4
WACC5.56%
ROIC/WACCN/A
Cap/Depr(3y)97.97%
Cap/Depr(5y)95.45%
Cap/Sales(3y)4.61%
Cap/Sales(5y)5.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.01%
EPS 3Y49.15%
EPS 5Y18.66%
EPS Q2Q%17.76%
EPS Next Y8.82%
EPS Next 2Y8.49%
EPS Next 3Y9.69%
EPS Next 5Y-3.06%
Revenue 1Y (TTM)5.45%
Revenue growth 3Y0.8%
Revenue growth 5Y4.09%
Sales Q2Q%2.81%
Revenue Next Year-2.29%
Revenue Next 2Y-0.65%
Revenue Next 3Y0.39%
Revenue Next 5Y-0.84%
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 1Y79.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y82.8%
OCF growth 3YN/A
OCF growth 5YN/A