SAB Stock Analysis: Banco de Sabadell S.A | MC
Banks - Diversified | MC, Spain | Market Cap: 15.613m EUR | 12M Return: 25.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 55.8M
EPS Trend: 78.2%
Qual. Beats: 0
Rev. Trend: 89.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Banco de Sabadell, S.A. is a Spanish diversified bank founded in 1881 and headquartered in Sabadell, Spain, listed on the Madrid Stock Exchange under the ticker SAB. The company provides a full suite of banking and financial services across three main geographies: Spain, the United Kingdom, and Mexico. Its operations span retail banking, commercial and SME banking, corporate banking, and investment banking, serving individuals, self-employed professionals, large corporations, and financial institutions.
The retail segment offers savings and current accounts, mortgages, consumer loans, credit cards, insurance, leasing, and rental services. The commercial and corporate segments provide working capital products, revolving credit, structured finance, capital market solutions, treasury, trading, custody, research, and advisory services, along with import/export financing and PoS terminals. As a diversified bank, Sabadell typically earns revenue from a mix of net interest income on its lending book and fee-based income from payments, advisory, and asset management activities, with mortgage and SME lending historically forming a core part of Spanish banks loan portfolios.
The bank has built out its UK franchise through the acquisition of TSB Banking Group, giving it material retail banking exposure outside its domestic Spanish market and adding a third leg alongside its Mexican operations.
- TSB UK divestment unlocks capital for Spanish growth
- Net interest margin expands on sticky Spanish deposit base
- Sabadell competes with CaixaBank and BBVA in Spanish SME lending
| Net Income: 1.63b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.78 > 1.0 |
| NWC/Revenue: 16.78% < 20% (prev -1.99k%; Δ 2.01k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 1.68b > Net Income 1.63b |
| Net Debt (37.4b) to EBITDA (2.78b): 13.46 < 3 |
| Current Ratio: 1.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (5.06b) vs 12m ago -5.58% < -2% |
| Gross Margin: 65.73% > 18% (prev 44.51%; Δ 21.22% > 0.5%) |
| Asset Turnover: 3.19% > 50% (prev 2.83%; Δ 0.35% > 0%) |
| Interest Coverage Ratio: 0.86 > 6 (EBIT TTM 2.29b / Interest Expense TTM 2.65b) |
| A: 0.01 (Total Current Assets 9.54b - Total Current Liabilities 8.21b) / Total Assets 249b |
| B: 0.00 (Retained Earnings 347.0m / Total Assets 249b) |
| C: 0.01 (EBIT TTM 2.29b / Avg Total Assets 249b) |
| D: 0.06 (Book Value of Equity 14.0b / Total Liabilities 235b) |
| Altman-Z'' = 0.16 = B |
As of July 11, 2026, the stock is trading at EUR 3.22 with a total of 13,814,776 shares traded. Over the past week, the price has changed by +1.10%, over one month by +13.59%, over three months by +11.67% and over the past year by +25.49%.
Current recommended Stop Loss: 3.10 (which is 3.7% or 1.7 ATR below the current price).
Banco de Sabadell S.A has no consensus analysts rating.
P/E Trailing = 14.0522
P/E Forward = 10.6157
P/S = 3.6432
P/B = 1.1001
P/EG = 4.3986
Revenue TTM = 7.94b EUR
EBIT TTM = 2.29b EUR
EBITDA TTM = 2.78b EUR
Long Term Debt = 38.8b EUR (estimated: total debt 47.0b - short term 8.21b)
Short Term Debt = 8.21b EUR (from shortTermDebt, last quarter)
Debt = 47.0b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 37.4b EUR (calculated: Debt 47.0b - CCE 9.54b)
Enterprise Value = 53.1b EUR (15.6b + Debt 47.0b - CCE 9.54b)
Interest Coverage Ratio = 0.86 (Ebit TTM 2.29b / Interest Expense TTM 2.65b)
EV/FCF = 38.46x (Enterprise Value 53.1b / FCF TTM 1.38b)
FCF Yield = 2.60% (FCF TTM 1.38b / Enterprise Value 53.1b)
FCF Margin = 17.37% (FCF TTM 1.38b / Revenue TTM 7.94b)
Net Margin = 20.55% (Net Income TTM 1.63b / Revenue TTM 7.94b)
Gross Margin = 65.73% ((Revenue TTM 7.94b - Cost of Revenue TTM 2.72b) / Revenue TTM)
Gross Margin QoQ = 58.74% (prev none%)
Tobins Q-Ratio = 0.21 (Enterprise Value 53.1b / Total Assets 249b)
Interest Expense / Debt = 5.63% (Interest Expense 2.65b / Debt 47.0b)
Taxrate = 28.83% (602.4m / 2.09b)
NOPAT = 1.63b (EBIT 2.29b * (1 - 28.83%))
Current Ratio = 1.16 (Total Current Assets 9.54b / Total Current Liabilities 8.21b)
Debt / Equity = 3.36 (Debt 47.0b / totalStockholderEquity, last quarter 14.0b)
Debt / EBITDA = 13.46 (Net Debt 37.4b / EBITDA 2.78b)
Debt / FCF = 27.14 (Net Debt 37.4b / FCF TTM 1.38b)
Total Stockholder Equity = 14.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.66% (Net Income 1.63b / Total Assets 249b)
RoE = 11.54% (Net Income TTM 1.63b / Total Stockholder Equity 14.1b)
RoCE = 4.32% (EBIT 2.29b / Capital Employed (Equity 14.1b + L.T.Debt 38.8b))
RoIC = 0.65% (NOPAT 1.63b / Invested Capital 248b)
WACC = 4.85% (E(15.6b)/V(62.6b) * Re(7.40%) + D(47.0b)/V(62.6b) * Rd(5.63%) * (1-Tc(0.29)))
Discount Rate = 7.40% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -73.33 | Cagr: -2.91%
[DCF] Terminal Value 73.10% ; FCFF base≈3.15b ; Y1≈2.77b ; Y5≈2.23b
[DCF] Fair Price = N/A (negative equity: EV 35.9b - Net Debt 37.4b = -1.57b; debt exceeds intrinsic value)
EPS Correlation: 78.19 | EPS CAGR: 31.46% | SUE: -0.59 | # QB: 0
Revenue Correlation: 89.91 | Revenue CAGR: 25.22% | SUE: 0.69 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.08 | Chg30d=+11.36% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.07 | Chg30d=+4.48% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.30 | Chg30d=+0.17% | Revisions=-67% | GrowthEPS=-7.4% | GrowthRev=-15.8%
EPS next Year (2027-12-31): EPS=0.32 | Chg30d=+0.03% | Revisions=-25% | GrowthEPS=+7.3% | GrowthRev=+2.6%
[Analyst] Revisions Ratio: -42% (up=6, down=17)