Santander Bank Polska SA (SPL) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

ING Bank Slaski SA

Bank Ochrony Srodowiska SA

BANK POLSKA KASA OPIEKI SA

BNP Paribas Bank Polska SA

Bank Millennium SA

Alior Bank SA

Santander Bank Polska SA

Getin Holding SA

Bank Handlowy w Warszawie SA

mPay SA

Why is Santander Bank Polska SA ?

Efficient Cost Management with a low Cost to Income Ratio of 35.77%

Strong Long Term Fundamental Strength with a 0% CAGR growth in Net Interet Income

Healthy long term growth as Net Interest Income (ex other income) has grown by an annual rate of 0%

The company has declared negative results in Mar'2025 after 2 consecutive positive quarters

OPERATING CASH FLOW(Y) Lowest at PLN 4,773.39 MM
ROCE(HY) Lowest at 2.07%
NET SALES(Q) Lowest at PLN 4,171.64 MM

With ROA of 1.01%, it has a very attractive valuation with a 1.58 Price to Book Value

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -0.62%, its profits have risen by 8% ; the PEG ratio of the company is 1.2

Underperformed the market in the last 1 year

Even though the market (Poland WIG) has generated returns of 27.62% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -0.62% returns

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Santander Bank Polska SA should be less than 10%
Overall Portfolio exposure to Regional Banks should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Regional Banks)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Santander Bank Polska SA for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Santander Bank Polska SA

-0.62%

0.52

33.91%

Poland WIG

27.62%

1.38

19.95%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

20.10%

EBIT Growth (5y)

32.23%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.58

EV to EBIT

5.71

EV to EBITDA

5.38

EV to Capital Employed

1.48

EV to Sales

2.91

PEG Ratio

1.20

Dividend Yield

9.62%

ROCE (Latest)

25.89%

ROE (Latest)

16.69%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

Mildly Bullish

OBV

Mildly Bearish

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company

ROCE(HY)

Highest at 2.07%

CASH AND EQV(HY)

Highest at PLN 44,173.63 MM

-15What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at PLN 4,773.39 MM

ROCE(HY)

Lowest at 2.07%

NET SALES(Q)

Lowest at PLN 4,171.64 MM

NII(Q)

Lowest at PLN 3,153.9 MM

CREDIT DEPOSIT RATIO(HY)

Lowest at 71.79%

OPERATING PROFIT(Q)

Lowest at PLN 1,816.43 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 43.54 %

PRE-TAX PROFIT(Q)

Lowest at PLN 1,791.8 MM

NET PROFIT(Q)

Lowest at PLN 1,477.05 MM

Here's what is working for Santander Bank Polska SA

Cash and Eqv

Highest at PLN 44,173.63 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

CASA

Highest at 19.51%

in the last five periods

MOJO Watch

The Bank's capital base vs its risk assets is improving. However, the bank may not be taking adequate risk in its lending book.

CAR (%)

Here's what is not working for Santander Bank Polska SA

Operating Cash Flow

Lowest at PLN 4,773.39 MM and Fallen

In each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (PLN MM)

Net Sales

Lowest at PLN 4,171.64 MM and Fallen

In each period in the last five periods

MOJO Watch

Near term sales trend is very negative

Net Sales (PLN MM)

NII

Lowest at PLN 3,153.9 MM

in the last five periods

MOJO Watch

The bank's income from core business is falling

NII (PLN MM)

Net Sales

At PLN 4,171.64 MM has Fallen at -10.68%

over average net sales of the previous four periods of PLN 4,670.52 MM

MOJO Watch

Near term sales trend is negative

Net Sales (PLN MM)

Operating Profit

Lowest at PLN 1,816.43 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (PLN MM)

Operating Profit Margin

Lowest at 43.54 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit

Lowest at PLN 1,791.8 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (PLN MM)

Net Profit

Lowest at PLN 1,477.05 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (PLN MM)

Credit Deposit Ratio

Lowest at 71.79%

in the last four Semi-Annual periods

MOJO Watch

Bank has been creating proportionately lower loans against its deposits, thereby creating fewer revenue generating assets

Credit Deposit Ratio (%)