MBANK S.A. |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 592.2 PLN | -1.46% |
|
-6.89% | +10.69% |
| Jun. 06 | MBank's Supervisory Board Conditionally Appoints Cezary Kocik as CEO | CI |
| May. 15 | Commerzbank posts best quarter in 13 years - share price rises | DP |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 16,491 | 7,592 | 18,361 | 12,560 | 22,719 | 25,547 | - | - |
| Enterprise Value (EV) 1 | 16,491 | 7,592 | 18,361 | 12,560 | 22,719 | 25,547 | 25,547 | 25,547 |
| P/E ratio | 16.3 x | 73.1 x | -15.6 x | -17.9 x | 939 x | 7.11 x | 6.15 x | 6.06 x |
| Yield | - | - | - | - | - | - | 5.49% | 7.21% |
| Capitalization / Revenue | 3.05 x | 1.33 x | 3.06 x | 1.37 x | 2.11 x | 2.2 x | 2.2 x | 2.21 x |
| EV / Revenue | 3.05 x | 1.33 x | 3.06 x | 1.37 x | 2.11 x | 2.2 x | 2.2 x | 2.21 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 1.02 x | 0.46 x | 1.34 x | 0.99 x | 1.65 x | 1.7 x | 1.28 x | 1.13 x |
| Nbr of stocks (in thousands) | 42,350 | 42,367 | 42,385 | 42,433 | 42,465 | 42,508 | - | - |
| Reference price 2 | 389.4 | 179.2 | 433.2 | 296.0 | 535.0 | 601.0 | 601.0 | 601.0 |
| Announcement Date | 2/6/20 | 2/9/21 | 2/8/22 | 2/9/23 | 2/29/24 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,412 | 5,707 | 5,994 | 9,176 | 10,789 | 11,623 | 11,587 | 11,574 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 2,726 | 2,367 | 890.8 | 4,523 | 7,715 | 6,870 | 7,558 | 7,428 |
| Operating Margin | 50.36% | 41.47% | 14.86% | 49.29% | 71.5% | 59.1% | 65.23% | 64.17% |
| Earnings before Tax (EBT) 1 | 1,555 | 609.7 | -591 | -108 | 970.6 | 4,850 | 5,732 | 5,818 |
| Net income 1 | 1,010 | 103.8 | -1,179 | -702.7 | 24.05 | 2,519 | 3,765 | 4,202 |
| Net margin | 18.67% | 1.82% | -19.67% | -7.66% | 0.22% | 21.67% | 32.49% | 36.3% |
| EPS 2 | 23.85 | 2.450 | -27.82 | -16.57 | 0.5700 | 84.50 | 97.66 | 99.13 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | 32.99 | 43.32 |
| Announcement Date | 2/6/20 | 2/9/21 | 2/8/22 | 2/9/23 | 2/29/24 | - | - | - |
1PLN in Million2PLN
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,681 | 2,179 | 2,155 | 3,970 | 1,075 | 2,423 | 2,594 | 2,688 | 5,232 | 2,767 | 2,800 | 2,922 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | -976.2 | 1,335 | 960.3 | - | 249.9 | 1,803 | 1,468 | 1,991 | 3,638 | 1,988 | 2,004 | 1,985 |
| Operating Margin | - | -58.08% | 61.26% | 44.57% | - | 23.25% | 74.42% | 56.6% | 74.06% | 69.53% | 71.85% | 71.57% | 67.94% |
| Earnings before Tax (EBT) 1 | - | -1,435 | 713.6 | 598.3 | 1,312 | -2,424 | 1,004 | 469.5 | 75.85 | 545.3 | 462.3 | -37.05 | 432.7 |
| Net income 1 | 177.9 | -1,631 | 512.3 | 229.7 | 742 | -2,279 | 834.5 | 142.8 | -15.48 | 127.3 | -83.02 | -20.27 | 262.5 |
| Net margin | - | -97.05% | 23.52% | 10.66% | 18.69% | -212.08% | 34.45% | 5.51% | -0.58% | 2.43% | -3% | -0.72% | 8.98% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/30/20 | 2/8/22 | 5/11/22 | 8/3/22 | 8/3/22 | 11/8/22 | 2/9/23 | 4/28/23 | 8/2/23 | 8/2/23 | 10/31/23 | 2/29/24 | 5/10/24 |
1PLN in Million
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) | 6.6% | 0.63% | -7.76% | -5.3% | 0.2% | 23.2% | 21.6% | 18.8% |
| ROA (Net income/ Total Assets) | 0.66% | 0.06% | -0.59% | -0.34% | 0.01% | 1.11% | 1.52% | 1.51% |
| Assets 1 | 153,083 | 169,382 | 199,789 | 206,674 | 218,673 | 226,937 | 247,134 | 278,256 |
| Book Value Per Share 2 | 381.0 | 394.0 | 324.0 | 300.0 | 323.0 | 354.0 | 470.0 | 533.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/6/20 | 2/9/21 | 2/8/22 | 2/9/23 | 2/29/24 | - | - | - |
1PLN in Million2PLN
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-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
601
PLN
Average target price
663.2
PLN
Spread / Average Target
+10.35%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +10.69% | 6.41B | |
| +17.55% | 574B | |
| +18.15% | 311B | |
| +15.71% | 254B | |
| +18.57% | 203B | |
| +21.72% | 184B | |
| +27.18% | 172B | |
| +9.19% | 163B | |
| +9.22% | 150B | |
| -8.80% | 143B |
- Stock Market
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- MBK Stock
- Financials mBank S.A.
