Valuation Banco Santander, S.A.

Equities

Market Closed - BME Other stock markets 11:40:31 2025-06-23 am EDT			After hours 03:59:55 pm
6.857 ^EUR	-0.84%		6.887	+0.44%

Jun. 20	Tim in Advanced Talks with Banks Over EUR1 Billion State Receivable Sale - Sources	RE
Jun. 20	Telecom Italia in talks with banks to sell 1 billion euro state credit, say sources	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	43,978	50,197	46,383	60,030	67,599	102,919	-	-
Change	-	14.14%	-7.6%	29.42%	12.61%	52.25%	-	-
Enterprise Value (EV)	43,978	50,197	46,383	60,030	67,599	102,919	102,919	102,919
Change	-	14.14%	-7.6%	29.42%	12.61%	52.25%	0%	0%
P/E ratio	-4.72x	6.74x	5.2x	5.81x	5.8x	7.64x	7.45x	6.79x
PBR	0.54x	0.58x	0.52x	0.58x	0.63x	0.98x	0.9x	0.83x
PEG	-	-0x	0.2x	0.3x	0.3x	0.4x	2.95x	0.69x
Capitalization / Revenue	0.99x	1.08x	0.89x	1.05x	1.09x	1.66x	1.65x	1.61x
EV / Revenue	0x	0x	0x	0x	0x	1.66x	1.65x	1.61x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	2.84x	2.82x	2.73x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0275	0.1	0.1178	0.1405	0.195	0.2243	0.2374	0.2708
Rate of return	1.08%	3.4%	4.2%	3.72%	4.37%	3.24%	3.43%	3.92%
EPS ²	-0.538	0.436	0.539	0.65	0.77	0.9053	0.9282	1.019
Distribution rate	-5.11%	22.9%	21.9%	21.6%	25.3%	24.8%	25.6%	26.6%
Net sales ¹	44,600	46,404	52,117	57,423	61,876	61,986	62,214	64,040
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	23,633	24,989	28,251	32,222	35,842	36,235	36,521	37,708
Net income ¹	-8,771	8,124	9,605	11,076	12,574	13,123	13,057	13,650
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	2.538	2.940	2.802	3.780	4.464	6.915	6.915	6.915
Nbr of stocks (in thousands)	17,327,859	17,071,070	16,550,713	15,882,962	15,141,457	14,883,436	-	-
Announcement Date	2/3/21	2/2/22	2/2/23	1/31/24	2/5/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BANCO SANTANDER, S.A.	7.64x	-	-	3.24%	119B
JPMORGAN CHASE & CO.	14.87x	-	-	2.06%	764B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.77x	-	-	5.39%	345B
BANK OF AMERICA CORPORATION	12.43x	-	-	2.39%	343B
CHINA CONSTRUCTION BANK CORPORATION	5.52x	-	-	5.55%	249B
WELLS FARGO & COMPANY	12.94x	-	-	2.2%	245B
BANK OF CHINA LIMITED	5.68x	-	-	5.5%	234B
HSBC HOLDINGS PLC	9.41x	-	-	5.76%	202B
COMMONWEALTH BANK OF AUSTRALIA	29.85x	-	-	2.63%	197B
ROYAL BANK OF CANADA	13.52x	-	-	3.44%	180B
Average	11.76x			3.82%	287.88B
Weighted average by Cap.	12.03x			3.53%