Financials National Bank of Greece S.A.

Equities

ETE

GRS003003035

Banks

Real-time Estimate Tradegate 08:22:14 2024-05-10 am EDT 5-day change 1st Jan Change
8.046 EUR -0.42% Intraday chart for National Bank of Greece S.A. -1.08% +28.01%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,762 2,067 2,681 3,427 5,753 7,378 - -
Enterprise Value (EV) 1 2,762 2,067 2,681 3,427 5,753 7,378 7,378 7,378
P/E ratio -10.8 x 56.5 x 3.09 x 3.07 x 5.24 x 6.56 x 7.42 x 6.56 x
Yield - - - - - 6.12% 5.94% 6.66%
Capitalization / Revenue 1.64 x 0.82 x 1.41 x 1.66 x 2.1 x 2.72 x 2.91 x 2.79 x
EV / Revenue 1.64 x 0.82 x 1.41 x 1.66 x 2.1 x 2.72 x 2.91 x 2.79 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.53 x 0.41 x 0.47 x 0.53 x - 0.88 x 0.82 x 0.77 x
Nbr of stocks (in thousands) 914,503 914,027 914,556 914,695 914,561 913,162 - -
Reference price 2 3.020 2.261 2.932 3.747 6.290 8.080 8.080 8.080
Announcement Date 3/31/20 3/26/21 3/29/22 3/14/23 3/12/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,681 2,522 1,903 2,060 2,739 2,714 2,537 2,645
EBITDA - - - - - - - -
EBIT 1 839 1,708 1,120 1,255 1,810 1,800 1,609 1,632
Operating Margin 49.91% 67.72% 58.85% 60.92% 66.08% 66.3% 63.44% 61.71%
Earnings before Tax (EBT) 1 497 602 799 1,155 1,662 1,551 1,389 1,460
Net income 1 -255 38 867 1,120 1,106 1,118 1,002 1,125
Net margin -15.17% 1.51% 45.56% 54.37% 40.38% 41.21% 39.49% 42.54%
EPS 2 -0.2800 0.0400 0.9500 1.220 1.200 1.231 1.089 1.231
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - 0.4943 0.4802 0.5378
Announcement Date 3/31/20 3/26/21 3/29/22 3/14/23 3/12/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 385 493 579 449 542 634 652 690 762 765 707.2 689.2 658.3
EBITDA - - - - - - - - - - - - -
EBIT 1 157 301 385 250 - 433 - 481 499 554 478 - -
Operating Margin 40.78% 61.05% 66.49% 55.68% - 68.3% - 69.71% 65.49% 72.42% 67.59% - -
Earnings before Tax (EBT) 1 66 - 292 172 - 377 - - 463 499 424 - -
Net income 1 100 - 186 134 - 260 - 261 315 358 303.4 249.2 203.2
Net margin 25.97% - 32.12% 29.84% - 41.01% - 37.83% 41.34% 46.8% 42.91% 36.16% 30.87%
EPS 2 - - 0.2000 0.1500 0.4800 - - - 0.3400 - 0.3328 0.2724 0.2222
Dividend per Share - - - - - - - - - - - - -
Announcement Date 3/29/22 5/27/22 7/29/22 11/10/22 3/14/23 5/23/23 8/2/23 11/7/23 3/12/24 5/1/24 - - -
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) 11.7% 0.74% 16% 18.4% - 14.3% 12.1% 12.2%
ROA (Net income/ Total Assets) 0.93% 0.05% 1.07% 1.38% - 1.44% 1.17% 1.17%
Assets 1 -27,556 70,869 80,719 81,042 - 77,669 85,620 96,177
Book Value Per Share 2 5.750 5.530 6.290 7.050 - 9.140 9.900 10.50
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 3/31/20 3/26/21 3/29/22 3/14/23 3/12/24 - - -
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
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
8.08 EUR
Average target price
9.059 EUR
Spread / Average Target
+12.12%
Consensus
  1. Stock Market
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  4. Financials National Bank of Greece S.A.
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