Financials ING Groep N.V.

Equities

INGA

NL0011821202

Banks

Market Closed - Euronext Amsterdam 11:35:26 2024-04-16 EDT 5-day change 1st Jan Change
14.7 EUR -2.29% Intraday chart for ING Groep N.V. -6.01% +8.71%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 41,642 29,801 46,613 40,803 45,542 48,511 - -
Enterprise Value (EV) 1 41,642 29,801 46,613 40,803 45,542 48,511 48,511 48,511
P/E ratio 8.69 x 11.9 x 9.95 x 11.5 x 6.6 x 7.99 x 7.22 x 6.75 x
Yield 6.46% 1.57% 7.27% 4.91% 8.18% 6.41% 7.07% 7.49%
Capitalization / Revenue 2.27 x 1.69 x 2.52 x 2.2 x 2.02 x 2.22 x 2.18 x 2.15 x
EV / Revenue 2.27 x 1.69 x 2.52 x 2.2 x 2.02 x 2.22 x 2.18 x 2.15 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.77 x 0.55 x 0.86 x 0.83 x 0.88 x 0.91 x 0.83 x 0.78 x
Nbr of stocks (in thousands) 3,896,134 3,900,168 3,807,624 3,583,002 3,367,006 3,299,159 - -
Reference price 2 10.69 7.641 12.24 11.39 13.53 14.70 14.70 14.70
Announcement Date 20-02-06 21-02-12 22-02-03 23-02-02 24-02-01 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 18,306 17,637 18,490 18,561 22,575 21,856 22,197 22,523
EBITDA - - - - - - - -
EBIT 1 7,954 6,484 7,299 7,363 11,011 9,902 9,796 10,073
Operating Margin 43.45% 36.76% 39.48% 39.67% 48.78% 45.31% 44.13% 44.72%
Earnings before Tax (EBT) 1 6,834 3,809 6,782 5,502 10,492 8,660 8,601 8,557
Net income 1 4,781 2,485 4,776 3,674 7,287 5,906 5,873 5,887
Net margin 26.12% 14.09% 25.83% 19.79% 32.28% 27.02% 26.46% 26.14%
EPS 2 1.230 0.6400 1.230 0.9900 2.050 1.841 2.037 2.178
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.6900 0.1200 0.8900 0.5590 1.106 0.9401 1.037 1.098
Announcement Date 20-02-06 21-02-12 22-02-03 23-02-02 24-02-01 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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 2025 Q1
Net sales 1 4,648 4,624 4,600 4,682 4,412 4,868 5,567 5,759 5,842 5,408 5,438 5,440 5,569 5,427 5,575
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,962 1,677 1,655 1,945 1,783 1,980 3,071 3,133 3,049 2,333 2,214 2,550 2,556 2,178 -
Operating Margin 42.21% 36.27% 35.98% 41.54% 40.41% 40.67% 55.16% 54.4% 52.19% 43.14% 40.71% 46.88% 45.9% 40.13% -
Earnings before Tax (EBT) 1 1,924 1,331 668 1,743 1,380 1,711 2,344 3,035 2,866 2,247 2,065 2,311 2,220 1,750 1,981
Net income 1 1,367 945 429 1,177 979 1,089 1,591 2,155 1,982 1,558 1,409 1,583 1,542 1,195 1,373
Net margin 29.41% 20.44% 9.33% 25.14% 22.19% 22.37% 28.58% 37.42% 33.93% 28.81% 25.91% 29.11% 27.7% 22.03% 24.62%
EPS 2 0.3500 0.2500 0.1100 0.3200 0.2600 0.3000 0.4400 0.6000 0.5600 0.4500 0.4147 0.4894 0.4906 0.3957 0.4540
Dividend per Share 2 0.4800 0.4100 - 0.1700 - 0.3890 - 0.3500 - 0.7560 - 0.2191 - 0.5657 -
Announcement Date 21-11-04 22-02-03 22-05-06 22-08-04 22-11-03 23-02-02 23-05-11 23-08-03 23-11-02 24-02-01 - - - - -
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) 9.4% 4.8% 9.2% 7.2% 14.8% 11.8% 11.9% 11.7%
ROA (Net income/ Total Assets) 0.54% 0.27% 0.51% 0.38% 0.75% 0.59% 0.56% 0.6%
Assets 1 889,389 914,612 944,247 959,519 971,730 993,425 1,053,775 985,717
Book Value Per Share 2 13.80 14.00 14.30 13.80 15.30 16.20 17.70 18.80
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 20-02-06 21-02-12 22-02-03 23-02-02 24-02-01 - - -
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
OUTPERFORM
Number of Analysts
20
Last Close Price
14.7 EUR
Average target price
16.2 EUR
Spread / Average Target
+10.19%
Consensus
  1. Stock Market
  2. Equities
  3. INGA Stock
  4. Financials ING Groep N.V.