UNI Stock Analysis: Unicaja Banco | MC
Banks - Regional | MC, Spain | Market Cap: 9.162m EUR | 12M Return: 55.6% | ES0180907000 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.2M
EPS Trend: 90.7%
Qual. Beats: 1
Rev. Trend: -11.6%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 9.2 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.
Unicaja Banco, S.A. is a Spanish retail bank headquartered in Málaga, founded in 1991. The company provides a full suite of consumer and commercial banking products, including deposit accounts, debit and credit cards, mortgages, and various loan offerings (such as vehicle, home, and eco-mobility loans). It also distributes insurance products (life, health, auto, agricultural, and liability), pension plans, and investment funds, while operating digital, mobile, private, and personal banking channels alongside cash management, trade finance, and POS/ATM services for retail and SME clients.
As a large-cap diversified bank listed on the Madrid exchange, Unicaja operates within Spains concentrated retail banking sector, where a handful of incumbent lenders serve the countrys mostly branch-based consumer market. Its bundled model - combining deposits, lending, insurance, and asset management under one roof - is typical of Spanish universal banks seeking cross-selling efficiencies in a low-margin, interest-rate-sensitive environment.
- ECB rate path pressures net interest margin and mortgage spreads
- Liberbank merger cost synergies improve efficiency ratio
- Non-performing loan ratio declines as Spanish economy stabilizes
| Net Income: 657.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 0.59 > 1.0 |
| NWC/Revenue: -3.02k% < 20% (prev -2.35k%; Δ -668.3% < -1%) |
| CFO/TA 0.00 > 3% & CFO 224.2m > Net Income 657.0m |
| Net Debt (4.96b) to EBITDA (1.03b): 4.83 < 3 |
| Current Ratio: 0.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.57b) vs 12m ago 0.03% < -2% |
| Gross Margin: 65.26% > 18% (prev 67.26%; Δ -2.00% > 0.5%) |
| Asset Turnover: 2.66% > 50% (prev 3.16%; Δ -0.50% > 0%) |
| Interest Coverage Ratio: 1.19 > 6 (EBIT TTM 934.0m / Interest Expense TTM 785.0m) |
| A: -0.79 (Total Current Assets 4.17b - Total Current Liabilities 82.4b) / Total Assets 99.2b |
| B: 0.04 (Retained Earnings 4.45b / Total Assets 99.2b) |
| C: 0.01 (EBIT TTM 934.0m / Avg Total Assets 97.4b) |
| D: 0.07 (Book Value of Equity 6.76b / Total Liabilities 92.4b) |
| Altman-Z'' = -4.89 = D |
As of October 06, 2026, the stock is trading at EUR 3.37 with a total of 3,363,166 shares traded. Over the past week, the price has changed by -4.86%, over one month by -4.51%, over three months by +6.40% and over the past year by +55.56%.
Current recommended Stop Loss: 3.20 (which is 5% or 2.4 ATR below the current price).
Unicaja Banco has no consensus analysts rating.
P/E Trailing = 14.264
P/E Forward = 5.8072
P/S = 4.5222
P/B = 1.3659
Revenue TTM = 2.59b EUR
EBIT TTM = 934.0m EUR
EBITDA TTM = 1.03b EUR
Long Term Debt = unknown (none)
Short Term Debt = 8.02b EUR (from shortTermDebt, last fiscal year)
Debt = 9.13b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.96b EUR (calculated: Debt 9.13b - CCE 4.17b)
Enterprise Value = 14.1b EUR (9.16b + Debt 9.13b - CCE 4.17b)
Interest Coverage Ratio = 1.19 (Ebit TTM 934.0m / Interest Expense TTM 785.0m)
EV/FCF = 84.44x (Enterprise Value 14.1b / FCF TTM 167.2m)
FCF Yield = 1.18% (FCF TTM 167.2m / Enterprise Value 14.1b)
FCF Margin = 6.45% (FCF TTM 167.2m / Revenue TTM 2.59b)
Net Margin = 25.33% (Net Income TTM 657.0m / Revenue TTM 2.59b)
Gross Margin = 65.26% ((Revenue TTM 2.59b - Cost of Revenue TTM 901.0m) / Revenue TTM)
Gross Margin QoQ = 68.71% (prev 55.87%)
Tobins Q-Ratio = 0.14 (Enterprise Value 14.1b / Total Assets 99.2b)
Interest Expense / Debt = 8.60% (Interest Expense 785.0m / Debt 9.13b)
Taxrate = 29.85% (274.0m / 918.0m)
NOPAT = 655.2m (EBIT 934.0m * (1 - 29.85%))
Current Ratio = 0.05 (Total Current Assets 4.17b / Total Current Liabilities 82.4b)
Debt / Equity = 1.35 (Debt 9.13b / totalStockholderEquity, last quarter 6.76b)
Debt / EBITDA = 4.83 (Net Debt 4.96b / EBITDA 1.03b)
Debt / FCF = 29.64 (Net Debt 4.96b / FCF TTM 167.2m)
Total Stockholder Equity = 6.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.67% (Net Income 657.0m / Total Assets 99.2b)
RoE = 9.44% (Net Income TTM 657.0m / Total Stockholder Equity 6.96b)
RoCE = 5.59% (EBIT 934.0m / Capital Employed (Total Assets 99.2b - Current Liab 82.4b))
RoIC = 2.66% (NOPAT 655.2m / Invested Capital 24.6b)
WACC = 6.99% (E(9.16b)/V(18.3b) * Re(7.94%) + D(9.13b)/V(18.3b) * Rd(8.60%) * (1-Tc(0.30)))
Discount Rate = 7.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -34.09 | Cagr: -1.31%
[DCF] Terminal Value 75.44% ; FCFF base≈167.2m ; Y1≈167.9m ; Y5≈177.8m
[DCF] Fair Price = N/A (negative equity: EV 2.77b - Net Debt 4.96b = -2.19b; debt exceeds intrinsic value)
EPS Correlation: 90.73 | EPS CAGR: 45.56% | SUE: 1.08 | # QB: 1
Revenue Correlation: -11.56 | Revenue CAGR: -1.10% | SUE: 0.91 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.06 | Chg30d=+2.74% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.26 | Chg30d=-0.15% | Revisions=+77% | GrowthEPS=+6.4% | GrowthRev=+3.4%
EPS next Year (2027-12-31): EPS=0.28 | Chg30d=+0.00% | Revisions=+70% | GrowthEPS=+5.5% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: +86% (up=18, down=0)