Projected Income Statement: Commerzbank

Forecast Balance Sheet: Commerzbank

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 2/17/22 2/16/23 2/15/24 2/13/25 2/11/26 - - -
Estimates

Cash Flow Forecast: Commerzbank

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 898 973 675 998 1,146 1,147
Change - 8.35% -30.63% 47.85% 14.83% 0.09%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 3/24/21 3/28/22 3/27/23 3/19/24 3/26/25 3/25/26
1EUR in Million
Estimates

Forecast Financial Ratios: Commerzbank

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 20.72% 31.44% 38.61% 41.24% 42.98% 47.49% 50.29% 52.16%
EBT Margin (%) - 1.24% 21.19% 32.7% 34.51% 32.43% 40.64% 42.73% 46.1%
Net margin (%) - 5.08% 15.17% 21.26% 24.1% 21.57% 25.47% 27.33% 29.98%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 0.09% 0.3% 0.45% 0.5% 0.46% 0.57% 0.66% 0.71%
ROE - 1% 4.7% 7.4% 8.8% 8.3% 10.99% 12.51% 14.72%

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - - - 0.35 0.65 1.1 1.624 1.969 2.426
Change - - - - 85.71% 69.23% 47.63% 21.23% 23.22%
Book Value Per Share 1 - 20.55 - 22.33 26.04 27.52 29.18 30.61 32.34
Change - - - - 16.59% 5.68% 6.03% 4.91% 5.66%
EPS 1 - 0.23 - 1.63 2.08 2.06 3.133 3.795 4.664
Change - - - - 27.61% -0.96% 52.09% 21.13% 22.9%
Nbr of stocks (in thousands) - 1,252,358 - 1,240,223 1,184,669 1,096,524 1,080,847 1,080,847 1,080,847
Announcement Date - 2/17/22 - 2/15/24 2/13/25 2/11/26 - - -
1EUR
Estimates
2026 *2027 *
P/E 13x 10.7x
PBR 1.39x 1.33x
EV / Sales 3.3x 3.08x
Yield 3.99% 4.84%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
40.68EUR
Average target price
41.18EUR
Spread / Average Target
+1.24%

Quarterly revenue - Rate of surprise