Financials Raiffeisen Bank International AG

Equities

RBI

AT0000606306

Banks

Market Closed - Wiener Boerse 11:35:00 2024-04-26 am EDT 5-day change 1st Jan Change
18.25 EUR +1.16% Intraday chart for Raiffeisen Bank International AG +6.23% -2.25%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,358 5,481 8,505 5,044 6,132 5,993 - -
Enterprise Value (EV) 1 7,358 5,481 8,505 5,044 6,132 5,993 5,993 5,993
P/E ratio 6.32 x 7.51 x 6.65 x 1.43 x 2.69 x 3.22 x 3.34 x 3.34 x
Yield 4.47% 2.88% 4.44% 5.21% - 7.32% 8.25% 7.94%
Capitalization / Revenue 1.42 x 1.06 x 1.53 x 0.52 x 0.68 x 0.73 x 0.77 x 0.78 x
EV / Revenue 1.42 x 1.06 x 1.53 x 0.52 x 0.68 x 0.73 x 0.77 x 0.78 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.62 x 0.41 x 0.66 x 0.29 x - 0.34 x 0.31 x 0.29 x
Nbr of stocks (in thousands) 328,617 328,617 328,617 328,617 328,421 328,366 - -
Reference price 2 22.39 16.68 25.88 15.35 18.67 18.25 18.25 18.25
Announcement Date 2/28/20 2/5/21 2/2/22 2/1/23 1/31/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,191 5,195 5,570 9,710 9,065 8,172 7,774 7,731
EBITDA - - - - - - - -
EBIT 1 2,382 2,246 2,592 6,158 5,158 4,021 3,493 3,395
Operating Margin 45.89% 43.23% 46.54% 63.42% 56.9% 49.2% 44.94% 43.92%
Earnings before Tax (EBT) 1 1,767 1,233 1,790 4,203 3,576 2,727 2,721 2,591
Net income 1 1,227 804 1,372 3,174 2,386 2,199 1,917 1,780
Net margin 23.64% 15.48% 24.63% 32.69% 26.32% 26.9% 24.66% 23.02%
EPS 2 3.540 2.220 3.890 10.76 6.930 5.671 5.456 5.460
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.000 0.4800 1.150 0.8000 - 1.335 1.505 1.450
Announcement Date 2/28/20 2/5/21 2/2/22 2/1/23 1/31/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,455 1,618 1,881 2,269 - 2,700 2,861 2,459 2,197 2,247 2,162 2,147 2,130 2,109 2,090
EBITDA - - - - - - - - - - - - - - -
EBIT 1 697 763 1,089 1,412 2,500 1,775 1,882 1,509 1,152 1,369 1,128 1,043 - - -
Operating Margin 47.9% 47.16% 57.89% 62.23% - 65.74% 65.78% 61.37% 52.44% 60.93% 52.17% 48.56% - - -
Earnings before Tax (EBT) 1 582 406 508 1,082 - 1,453 1,160 877 838 1,216 645 765.6 825.7 878.9 -0.5475
Net income 1 443 317 442 1,270 - 1,089 826 657 627 947 272 556.8 - - -
Net margin 30.45% 19.59% 23.5% 55.97% - 40.33% 28.87% 26.72% 28.54% 42.15% 12.58% 25.93% - - -
EPS 1.280 0.9000 1.270 3.790 - 3.240 2.450 1.920 1.480 2.130 1.400 - - - -
Dividend per Share 2 - 1.150 - - - - 0.8000 - - - - - - - -
Announcement Date 11/3/21 2/2/22 5/4/22 8/1/22 8/1/22 10/30/22 2/1/23 5/4/23 8/1/23 11/3/23 1/31/24 - - - -
1EUR in Million2EUR
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) 11% 6.8% 10.9% 26.8% 14.8% 9.93% 9.65% 9.35%
ROA (Net income/ Total Assets) 1.21% 0.51% 0.77% 1.82% 1.18% 1.04% 0.92% 0.72%
Assets 1 101,507 159,082 179,019 174,655 202,650 210,722 209,170 248,916
Book Value Per Share 2 35.90 41.00 39.00 53.70 - 53.00 59.00 63.00
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/28/20 2/5/21 2/2/22 2/1/23 1/31/24 - - -
1EUR in Million2EUR
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
18.25 EUR
Average target price
21.96 EUR
Spread / Average Target
+20.33%
Consensus
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