BANCA SISTEMA SPA (BST.MI) Stock Fundamental Analysis

BIT:BST • IT0003173629

1.612 EUR
+0.01 (+0.56%)
Last: Feb 25, 2026, 03:03 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Taking everything into account, BST scores 5 out of 10 in our fundamental rating. BST was compared to 108 industry peers in the Banks industry. BST has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on BST.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year BST was profitable.
  • In the past year BST had a positive cash flow from operations.
  • BST had positive earnings in each of the past 5 years.
  • In multiple years BST reported negative operating cash flow during the last 5 years.
BST.MI Yearly Net Income VS EBIT VS OCF VS FCFBST.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M

1.2 Ratios

  • With a Return On Assets value of 0.78%, BST perfoms like the industry average, outperforming 49.07% of the companies in the same industry.
  • BST's Return On Equity of 10.49% is in line compared to the rest of the industry. BST outperforms 46.30% of its industry peers.
  • BST has a better Return On Invested Capital (0.84%) than 98.15% of its industry peers.
  • BST had an Average Return On Invested Capital over the past 3 years of 0.48%. This is below the industry average of 3.99%.
  • The last Return On Invested Capital (0.84%) for BST is above the 3 year average (0.48%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.78%
ROE 10.49%
ROIC 0.84%
ROA(3y)0.47%
ROA(5y)0.55%
ROE(3y)7.85%
ROE(5y)9.17%
ROIC(3y)0.48%
ROIC(5y)0.55%
BST.MI Yearly ROA, ROE, ROICBST.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • BST has a worse Profit Margin (21.26%) than 60.19% of its industry peers.
  • In the last couple of years the Profit Margin of BST has declined.
  • With an excellent Operating Margin value of 35.08%, BST belongs to the best of the industry, outperforming 99.07% of the companies in the same industry.
  • In the last couple of years the Operating Margin of BST has declined.
  • With an excellent Gross Margin value of 89.36%, BST belongs to the best of the industry, outperforming 99.07% of the companies in the same industry.
  • BST's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 35.08%
PM (TTM) 21.26%
GM 89.36%
OM growth 3Y0.62%
OM growth 5Y-5.25%
PM growth 3Y-3.25%
PM growth 5Y-8.39%
GM growth 3Y-2.09%
GM growth 5Y-1.78%
BST.MI Yearly Profit, Operating, Gross MarginsBST.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • BST has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for BST remains at a similar level compared to 1 year ago.
  • BST has about the same amout of shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BST has been reduced compared to a year ago.
BST.MI Yearly Shares OutstandingBST.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
BST.MI Yearly Total Debt VS Total AssetsBST.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • BST has an Altman-Z score of -0.74. This is a bad value and indicates that BST is not financially healthy and even has some risk of bankruptcy.
  • With an excellent Altman-Z score value of -0.74, BST belongs to the best of the industry, outperforming 98.15% of the companies in the same industry.
  • The Debt to FCF ratio of BST is 23.12, which is on the high side as it means it would take BST, 23.12 years of fcf income to pay off all of its debts.
  • BST has a better Debt to FCF ratio (23.12) than 66.67% of its industry peers.
  • A Debt/Equity ratio of 11.54 is on the high side and indicates that BST has dependencies on debt financing.
  • With a Debt to Equity ratio value of 11.54, BST is not doing good in the industry: 96.30% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 11.54
Debt/FCF 23.12
Altman-Z -0.74
ROIC/WACC0.23
WACC3.62%
BST.MI Yearly LT Debt VS Equity VS FCFBST.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

  • BST has a Current Ratio of 0.07. This is a bad value and indicates that BST is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.07, BST belongs to the top of the industry, outperforming 98.15% of the companies in the same industry.
  • BST has a Quick Ratio of 0.07. This is a bad value and indicates that BST is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BST's Quick ratio of 0.07 is amongst the best of the industry. BST outperforms 98.15% of its industry peers.
Industry RankSector Rank
Current Ratio 0.07
Quick Ratio 0.07
BST.MI Yearly Current Assets VS Current LiabilitesBST.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 93.93% over the past year.
  • The Earnings Per Share has been decreasing by -2.89% on average over the past years.
  • BST shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.70%.
  • Measured over the past years, BST shows a small growth in Revenue. The Revenue has been growing by 5.61% on average per year.
EPS 1Y (TTM)93.93%
EPS 3Y2.71%
EPS 5Y-2.89%
EPS Q2Q%0.88%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y6.16%
Revenue growth 5Y5.61%
Sales Q2Q%17.32%

3.2 Future

  • The Earnings Per Share is expected to grow by 24.15% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 6.16% on average over the next years.
EPS Next Y77.52%
EPS Next 2Y23.61%
EPS Next 3Y20.98%
EPS Next 5Y24.15%
Revenue Next Year45.41%
Revenue Next 2Y8.98%
Revenue Next 3Y6.16%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
BST.MI Yearly Revenue VS EstimatesBST.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M
BST.MI Yearly EPS VS EstimatesBST.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.1 0.2 0.3 0.4 0.5

More info and screens

Find the best growth stocksShow best growing peers

9

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 3.84, the valuation of BST can be described as very cheap.
  • Based on the Price/Earnings ratio, BST is valued cheaper than 99.07% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of BST to the average of the S&P500 Index (26.98), we can say BST is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 4.73, the valuation of BST can be described as very cheap.
  • BST's Price/Forward Earnings ratio is rather cheap when compared to the industry. BST is cheaper than 99.07% of the companies in the same industry.
  • BST is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 3.84
Fwd PE 4.73
BST.MI Price Earnings VS Forward Price EarningsBST.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BST is valued cheaper than 100.00% of the companies in the same industry.
  • 99.07% of the companies in the same industry are more expensive than BST, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 0.8
EV/EBITDA 0.99
BST.MI Per share dataBST.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

4.3 Compensation for Growth

  • BST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • BST's earnings are expected to grow with 20.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y23.61%
EPS Next 3Y20.98%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.54%, BST is a good candidate for dividend investing.
  • BST's Dividend Yield is a higher than the industry average which is at 4.37.
  • BST's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 5.54%

5.2 History

  • The dividend of BST decreases each year by -5.71%.
Dividend Growth(5Y)-5.71%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

DP0%
EPS Next 2Y23.61%
EPS Next 3Y20.98%
BST.MI Yearly Income VS Free CF VS DividendBST.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M

More info and screens

Find the best dividend stocksShow peers with best dividend

BANCA SISTEMA SPA

BIT:BST (2/25/2026, 3:03:38 PM)

1.612

+0.01 (+0.56%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-06
Earnings (Next)05-07
Inst Owners13.76%
Inst Owner ChangeN/A
Ins Owners23.61%
Ins Owner ChangeN/A
Market Cap129.64M
Revenue(TTM)159.40M
Net Income(TTM)33.89M
Analysts80
Price Target1.99 (23.45%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.54%
Yearly Dividend0.07
Dividend Growth(5Y)-5.71%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)1.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)19.25%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)27.39%
Valuation
Industry RankSector Rank
PE 3.84
Fwd PE 4.73
P/S 0.81
P/FCF 0.8
P/OCF 0.77
P/B 0.4
P/tB 0.47
EV/EBITDA 0.99
EPS(TTM)0.42
EY26.05%
EPS(NY)0.34
Fwd EY21.16%
FCF(TTM)2.01
FCFY124.4%
OCF(TTM)2.09
OCFY129.59%
SpS1.98
BVpS4.02
TBVpS3.43
PEG (NY)0.05
PEG (5Y)N/A
Graham Number6.16
Profitability
Industry RankSector Rank
ROA 0.78%
ROE 10.49%
ROCE 7.19%
ROIC 0.84%
ROICexc 0.9%
ROICexgc 1%
OM 35.08%
PM (TTM) 21.26%
GM 89.36%
FCFM 101.17%
ROA(3y)0.47%
ROA(5y)0.55%
ROE(3y)7.85%
ROE(5y)9.17%
ROIC(3y)0.48%
ROIC(5y)0.55%
ROICexc(3y)0.5%
ROICexc(5y)0.57%
ROICexgc(3y)0.54%
ROICexgc(5y)0.59%
ROCE(3y)4.74%
ROCE(5y)5.2%
ROICexgc growth 3Y1.01%
ROICexgc growth 5Y-2.17%
ROICexc growth 3Y-2.27%
ROICexc growth 5Y-4.36%
OM growth 3Y0.62%
OM growth 5Y-5.25%
PM growth 3Y-3.25%
PM growth 5Y-8.39%
GM growth 3Y-2.09%
GM growth 5Y-1.78%
F-Score7
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 11.54
Debt/FCF 23.12
Debt/EBITDA 62.05
Cap/Depr 161.73%
Cap/Sales 4.22%
Interest Coverage 250
Cash Conversion 279.6%
Profit Quality 475.87%
Current Ratio 0.07
Quick Ratio 0.07
Altman-Z -0.74
F-Score7
WACC3.62%
ROIC/WACC0.23
Cap/Depr(3y)105.28%
Cap/Depr(5y)497.24%
Cap/Sales(3y)2.58%
Cap/Sales(5y)9.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)93.93%
EPS 3Y2.71%
EPS 5Y-2.89%
EPS Q2Q%0.88%
EPS Next Y77.52%
EPS Next 2Y23.61%
EPS Next 3Y20.98%
EPS Next 5Y24.15%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y6.16%
Revenue growth 5Y5.61%
Sales Q2Q%17.32%
Revenue Next Year45.41%
Revenue Next 2Y8.98%
Revenue Next 3Y6.16%
Revenue Next 5YN/A
EBIT growth 1Y90.95%
EBIT growth 3Y6.82%
EBIT growth 5Y0.07%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2181.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1611.09%
OCF growth 3YN/A
OCF growth 5YN/A

BANCA SISTEMA SPA / BST.MI FAQ

What is the ChartMill fundamental rating of BANCA SISTEMA SPA (BST.MI) stock?

ChartMill assigns a fundamental rating of 5 / 10 to BST.MI.


What is the valuation status of BANCA SISTEMA SPA (BST.MI) stock?

ChartMill assigns a valuation rating of 9 / 10 to BANCA SISTEMA SPA (BST.MI). This can be considered as Undervalued.


Can you provide the profitability details for BANCA SISTEMA SPA?

BANCA SISTEMA SPA (BST.MI) has a profitability rating of 5 / 10.


What is the valuation of BANCA SISTEMA SPA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for BANCA SISTEMA SPA (BST.MI) is 3.84 and the Price/Book (PB) ratio is 0.4.


How financially healthy is BANCA SISTEMA SPA?

The financial health rating of BANCA SISTEMA SPA (BST.MI) is 4 / 10.