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Intrinsic Value

The intrinsic value of Banco BPM SpA (BPM) under the Base Case is 2.02 EUR per share. Compared with the current market price of 2.283 EUR, the stock appears Overvalued by 12% .

The intrinsic value is calculated using the DCF method.

Do our valuations actually work? See backtest results .

BPM Intrinsic Value
€2.02
Overvaluation 12%
Intrinsic Value
Price €2.283
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Current Price €2.28
Intrinsic Value €2.02
Margin of Safety 20% €1.62
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Fundamental Analysis

What Banco BPM SpA Does

Banking Financials

Banco BPM is one of Italy’s large commercial banks. It takes deposits from households and businesses, lends money, and handles everyday banking such as current accounts, cards, payments, mortgages, and business credit. It also sells savings products, asset management, insurance-linked products, and other financial services through its branch network and digital channels.

Headquarters
Italy IT
Employees
18 983
IPO date
Jan 2, 2017
Read the full company overview
View Company Overview

Banco BPM has no economic moat

No Moat Narrow Wide

Households and businesses can get familiar banking services from several providers, and Banco BPM’s local presence does not make switching costly or let it charge more for similar products. Its strong position in northern Italy helps it compete, but other large banks also serve the market, and there is no clear evidence that Banco BPM can serve customers at a cost rivals cannot match.

Read the full moat analysis
Financials
Efficiency

Wall St Price Targets

Capital Returns

Competitive Landscape

What is the Intrinsic Value of one BPM stock?

The intrinsic value for Banco BPM SpA (BPM) under the Base Case is 2.02 EUR.

Is BPM stock undervalued or overvalued?

Compared with the current market price of 2.283 EUR, the stock appears Overvalued by 12% .

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