Company Valuation: BinckBank

Data adjusted to current consolidation scope
Fiscal Period: December 2018 2019 2020 2021 2022 2023
Market Cap 1 406.4 424 424 424 424 424
Change - 4.33% 0% 0% 0% 0%
Enterprise Value (EV) 1 -796.2 -2,459 -2,987 -3,219 -2,124 -2,434
Change - -208.81% -21.5% -7.76% 34.03% -14.6%
P/E 11.6x 26.5x 6.41x 7.67x 13.9x 13.3x
PBR 1.01x 1.01x 0.89x 0.83x 0.82x 0.82x
PEG - -0.5x 0x -0.5x -0.3x 2.93x
Capitalization / Revenue 2.55x 2.72x 1.99x 1.83x 2.63x 2.43x
EV / Revenue -4.99x -15.8x -14x -13.9x -13.2x -13.9x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.13 0.12 - 0.4138 0.4566 -
Rate of return 2.13% 1.89% - 6.52% 7.19% -
EPS 2 0.527 0.24 0.9907 0.8276 0.4566 0.4773
Distribution rate 24.7% 50% - 50% 100% -
Net sales 1 159.4 155.6 213.5 232.3 161.1 174.5
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 35.18 16.15 66.19 55.29 30.51 31.89
Net Debt 1 -1,203 -2,883 -3,411 -3,643 -2,548 -2,858
Reference price 2 6.090 6.350 6.350 6.350 6.350 6.350
Nbr of stocks (in thousands) 66,733 66,769 66,769 66,769 66,769 66,769
Announcement Date 11/03/19 13/05/20 21/04/21 17/06/22 24/04/23 18/03/24
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.67x7.31x - 1.99% 340B
14.69x10.71x - 1.83% 315B
12.07x - - 1.86% 226B
17.3x6.91x11.49x1.18% 186B
10.58x1.17x - 3.34% 59.58B
10.93x8.54x - 3.69% 28.95B
18.48x - - 0.33% 28.55B
15.88x5.05x - 3.47% 27.95B
7.23x - - 4.17% 26.95B
Average 13.76x 6.62x 11.49x 2.43% 137.67B
Weighted average by Cap. 14.81x 7.94x 11.49x 1.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA