UNI Stock Analysis: Unicaja Banco | MC
Banks - Regional | MC, Spain | Market Cap: 8.661m EUR | 12M Return: 67% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.86M
EPS Trend: 86.2%
Qual. Beats: 0
Rev. Trend: 40.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 9 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 that was founded in 1991. It provides a broad suite of financial products to individuals and businesses, including current and savings accounts, term deposits, debit and credit cards, mortgages, consumer loans (such as study, mobility, and home reform loans), and a wide range of insurance offerings covering home, auto, health, life, and agricultural risks. Beyond core banking, the company distributes pension plans and investment funds, offers payment and collection services, POS terminals, short- and long-term financing, ATM and foreign trade services, and private and personal banking, supported by digital and mobile banking channels.
As a mid-cap diversified bank with a market capitalization of approximately $8.95 billion USD, Unicaja operates within Spains highly concentrated banking sector, which is dominated by a handful of large national lenders alongside regional and former savings-bank institutions. Its business model is anchored in traditional retail and commercial banking revenue streams, with growing emphasis on digital channels to serve customers across its regional footprint.
- ECB rate hikes expand net interest margins
- Liberbank merger synergies improve cost-to-income ratio
- Spanish mortgage growth offsets intense deposit competition
| Net Income: 635.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 0.59 > 1.0 |
| NWC/Revenue: -2.98k% < 20% (prev -2.23k%; Δ -745.5% < -1%) |
| CFO/TA 0.00 > 3% & CFO 224.2m > Net Income 635.0m |
| Net Debt (3.23b) to EBITDA (1.00b): 3.23 < 3 |
| Current Ratio: 0.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.57b) vs 12m ago -0.01% < -2% |
| Gross Margin: 65.66% > 18% (prev 65.06%; Δ 0.60% > 0.5%) |
| Asset Turnover: 2.65% > 50% (prev 3.24%; Δ -0.59% > 0%) |
| Interest Coverage Ratio: 1.14 > 6 (EBIT TTM 909.0m / Interest Expense TTM 796.0m) |
| A: -0.78 (Total Current Assets 5.69b - Total Current Liabilities 82.9b) / Total Assets 99.1b |
| B: 0.04 (Retained Earnings 4.45b / Total Assets 99.1b) |
| C: 0.01 (EBIT TTM 909.0m / Avg Total Assets 97.9b) |
| D: 0.08 (Book Value of Equity 7.04b / Total Liabilities 92.0b) |
| Altman-Z'' = -4.82 = D |
| DSRI: 3.0 (Receivables 4.30b/492k, Revenue 2.59b/3.13b) |
| GMI: 0.99 (GM 65.06% / 65.66%) |
| AQI: 1.06 (AQ_t 0.93 / AQ_t-1 0.87) |
| SGI: 0.83 (Revenue 2.59b / 3.13b) |
| TATA: 0.00 (NI 635.0m - CFO 224.2m) / TA 99.1b) |
| Beneish M = -1.47 (Cap -4..+1) = D |
As of July 28, 2026, the stock is trading at EUR 3.35 with a total of 3,581,019 shares traded. Over the past week, the price has changed by +3.46%, over one month by +8.77%, over three months by +24.91% and over the past year by +66.98%.
Current recommended Stop Loss: 3.20 (which is 4.5% or 2.1 ATR below the current price).
Unicaja Banco has no consensus analysts rating.
P/E Trailing = 14.05
P/E Forward = 5.8072
P/S = 4.3681
P/B = 1.2091
Revenue TTM = 2.59b EUR
EBIT TTM = 909.0m EUR
EBITDA TTM = 1.00b EUR
Long Term Debt = unknown (none)
Short Term Debt = 8.02b EUR (from shortTermDebt, last fiscal year)
Debt = 8.93b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.23b EUR (calculated: Debt 8.93b - CCE 5.69b)
Enterprise Value = 11.9b EUR (8.66b + Debt 8.93b - CCE 5.69b)
Interest Coverage Ratio = 1.14 (Ebit TTM 909.0m / Interest Expense TTM 796.0m)
EV/FCF = 71.13x (Enterprise Value 11.9b / FCF TTM 167.2m)
FCF Yield = 1.41% (FCF TTM 167.2m / Enterprise Value 11.9b)
FCF Margin = 6.45% (FCF TTM 167.2m / Revenue TTM 2.59b)
Net Margin = 24.50% (Net Income TTM 635.0m / Revenue TTM 2.59b)
Gross Margin = 65.66% ((Revenue TTM 2.59b - Cost of Revenue TTM 890.0m) / Revenue TTM)
Gross Margin QoQ = 55.87% (prev 62.69%)
Tobins Q-Ratio = 0.12 (Enterprise Value 11.9b / Total Assets 99.1b)
Interest Expense / Debt = 8.92% (Interest Expense 796.0m / Debt 8.93b)
Taxrate = 30.24% (270.0m / 893.0m)
NOPAT = 634.2m (EBIT 909.0m * (1 - 30.24%))
Current Ratio = 0.07 (Total Current Assets 5.69b / Total Current Liabilities 82.9b)
Debt / Equity = 1.27 (Debt 8.93b / totalStockholderEquity, last quarter 7.04b)
Debt / EBITDA = 3.23 (Net Debt 3.23b / EBITDA 1.00b)
Debt / FCF = 19.33 (Net Debt 3.23b / FCF TTM 167.2m)
Total Stockholder Equity = 7.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.65% (Net Income 635.0m / Total Assets 99.1b)
RoE = 9.05% (Net Income TTM 635.0m / Total Stockholder Equity 7.02b)
RoCE = 5.60% (EBIT 909.0m / Capital Employed (Total Assets 99.1b - Current Liab 82.9b))
RoIC = 2.63% (NOPAT 634.2m / Invested Capital 24.1b)
WACC = 7.06% (E(8.66b)/V(17.6b) * Re(7.92%) + D(8.93b)/V(17.6b) * Rd(8.92%) * (1-Tc(0.30)))
Discount Rate = 7.92% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -51.36 | Cagr: -1.40%
[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 3.23b = -466.0m; debt exceeds intrinsic value)
EPS Correlation: 86.24 | EPS CAGR: 41.38% | SUE: 0.0 | # QB: 0
Revenue Correlation: 40.74 | Revenue CAGR: 5.32% | SUE: -0.17 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.07 | Chg30d=+1.40% | Revisions=+25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.06 | Chg30d=+3.23% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.25 | Chg30d=+1.31% | Revisions=+55% | GrowthEPS=+3.6% | GrowthRev=+2.6%
EPS next Year (2027-12-31): EPS=0.27 | Chg30d=+2.26% | Revisions=+46% | GrowthEPS=+6.6% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +52% (up=16, down=4)