Banco de Sabadell, S.A. (BNDSF)
UndervaluedFundamental
37
मूल्य
$3.51
मार्केट कैप
$17.50B
भाग 1 · कंपनी का मूल्य कितना है
अवलोकन
Banco de Sabadell is a Spanish bank that takes deposits and lends to households and businesses, mainly in Spain, through its own branch network and, until a 2025 sale to Santander, its TSB subsidiary in the United Kingdom. It also runs a smaller banking business in Mexico. In 2025 it fought off a hostile takeover bid from larger rival BBVA, which failed to win enough shareholder support, leaving Sabadell an independent, standalone bank.
यह पैसा कैसे कमाती है
A bank like Sabadell earns most of its revenue from the spread between what it pays depositors and what it charges borrowers on mortgages, business loans and credit lines — net interest income. It adds fee income from payments, asset management and insurance products sold to its customers. Because loans and deposits sit on its balance sheet for years, revenue depends heavily on interest rates set by the European Central Bank and on how much of its loan book turns bad.
प्रतिस्पर्धी बढ़त (Moat)
कोई पहचानी गई बढ़त नहीं · कोई नहींRetail and business banking in Spain is a competitive, largely commoditized service: current accounts, mortgages and business loans are broadly similar across large banks, and customers can and do switch when a rival offers a better rate. Sabadell's scale and branch network help it compete but do not lock customers in the way a patent or a network effect would.
मांग को क्या चलाता है
चक्रीयBank profitability moves with the interest-rate and credit cycle: higher rates widen the margin between deposits and loans, while a weaker economy raises loan losses and slows new lending. Demand for mortgages and business credit tracks consumer confidence and investment activity, so results can swing meaningfully between a strong and a weak year even without any change in Sabadell's own strategy.
खरीदने के पक्ष में तर्क
Buyers argue that the failed BBVA bid removed years of strategic uncertainty, that the sale of TSB simplifies the group and funds a large buyback, and that a Spanish-focused bank benefits from a resilient domestic economy and rising loan volumes.
बेचने के पक्ष में तर्क
Sellers worry that profits driven by high interest rates fade as rates come down, that a smaller, standalone bank after the TSB sale has less scale to compete with larger domestic rivals, and that Spanish banking remains a low-differentiation business where pricing power is limited.
Written by the editors, published on 18 अगस्त 2026
Direct competitors
Who this company fights with for the same customers
Generated on 18 सितंबर 2026 with claude-haiku-4-5 — shared with all users
A mid-sized Spanish bank targeting the same affluent retail and corporate-SME segment that is the core of Sabadell's franchise.
Spain's largest domestic retail bank competes with Sabadell branch by branch for the same current accounts, mortgages and SME lending across the Spanish market, including Catalonia where both have deep roots.
Spain's second-largest bank and Sabadell's most direct rival in domestic retail and corporate banking — so directly that it spent eighteen months trying to buy Sabadell before shareholders rejected the bid in October 2025.
Competes with Sabadell for the same Spanish retail and SME customers, and has strengthened that position by acquiring Sabadell's UK arm TSB.
Competes for retail deposits and mortgage lending in the Spanish regional markets where Sabadell also draws much of its branch-based business.
An unlisted Spanish bank expanding by acquisition in retail and SME banking, overlapping with Sabadell in northern and eastern Spain.
बैलेंस शीट और तरलता
राजस्व
$5.33B
पिछले 12 महीने (30/6/2026 तक)
शुद्ध आय
$1.77B
पिछले 12 महीने (30/6/2026 तक)
Free Cash Flow
-
कुल इक्विटी
$13.27B
कुल देनदारियाँ
$41.16B
Current Ratio
-
Interest Coverage
-
Debt/EBITDA
-
Earnings Per Share
राजस्व और शुद्ध आय
Free Cash Flow
आय विवरण
ऐतिहासिक विवरण
समय के साथ मार्जिन
समय के साथ ऋण
ऋण कितना भारी है
वृद्धि तालिका
वृद्धि — राजस्व
Fair Value अनुमान
Fair Value
$4.95
वर्तमान मूल्य
$3.51
Margin of Safety
+29.1%
Fair Value सीमा
$3.21 - $6.68
इस्तेमाल किए गए valuation methods के बीच का फैलाव, कोई सांख्यिकीय रूप से calibrated confidence interval नहीं।
अनुमान विधियाँ
मूल्यांकन मेट्रिक्स
P/E Ratio
18.54
ROE
8.1%
P/B Ratio
1.32
P/FCF
-
Gross Margin
0.0%
ROIC
3.8%
लाभप्रदता Radar
मूल्य सृजन (प्रतिस्पर्धी बढ़त)
ROIC
3.8%
WACC
3.0%
ROIC − WACC
+0.8 pp
ROIC लगभग पूंजी की लागत के बराबर है — कंपनी मुश्किल से अपनी पूंजी लागत की भरपाई कर पा रही है।
Fundamental विश्लेषण मानदंड
पास (5)
- Price CAGR 10.41%
- P/B Ratio 1.32
- Debt/Equity ratio
- ROE 18.7%
- PEG Ratio 0.02
फेल (9)
- ROIC 3.8%
- Gross Margin 0.0%
- DCF valuation (Unknown)
- Revenue Growth 5Y 0.6%
- Analyst Consensus 37% Buy
- Earnings Surprise avg -12.3%
- Earnings Quality (OCF/NI) -7.97
- Net Margin Trend 28.5% vs 28.6%
- Piotroski F-Score 0/9
अनुपलब्ध (13)
- EPS data insufficient
- P/FCF NaN
- Dividend Payout NaN%
- Operating Margin NaN%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- Price below Graham Number
- Share Dilution (missing shares data)
Piotroski F-Score
गंभीर वित्तीय चिंताएं
Earnings गुणवत्ता
निम्न गुणवत्ता: accounting की जांच करें
शेयर Dilution
शेयर वापस खरीद रही है। शेयरधारक अनुकूल
संस्थागत होल्डिंग
इस कंपनी के लिए कोई संस्थागत घोषणा उपलब्ध नहीं है।
प्रशासन
कार्यकारी टीम
| नाम | पद | आयु |
|---|---|---|
| Mr. Josep Oliu Creus ED, Ph.D. | Executive Chairman of the Board | 76 |
| Mr. David Vegara Figueras | GM, Chief Risk Officer & Executive Director | 59 |
| Mr. Marc Armengol Dulcet | CEO & Executive Director | 49 |
| Mr. Sergio Alejandro Palavecino Tome | Chief Financial Officer | 53 |
| Elena Carrera Crespo | General Manager of Operations & Technology | - |
| Gerardo Artiach | Head of Investor Relations | - |
| Mr. Gonzalo Barettino Coloma | Assistant GM of Legal & Deputy-Secretary of the Board | - |
| Federico Rodríguez Castillo | Assistant General Manager of Compliance | - |
| Virginia Zafra de Llera | General Manager of Communication & Corporate Image | - |
| Mr. Manuel Tresánchez Montaner | Deputy General Manager of Business Transformation & Marketing | - |
Audit जोखिम
1
बोर्ड जोखिम
2
मुआवजा जोखिम
1
शेयरधारक अधिकार जोखिम
1
भाग 2 · कीमत और खरीदने का समय
यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।
Latest News
Recent headlines for BNDSF, sourced from Markets Gazette.