#Alpha Bank SA … Investment Outlook.
Alpha Bank SA has a fundamental score of 64 and has a relative valuation of UNDERVALUED.
Taking peer performance into consideration, relative performance over the last month and last year is around the peer median.
It’s current Price/Book of 0.29 is about median in its peer group.
ALPHA-GR’s operating performance is relatively good compared to its peers. The market currently does not expect high earnings growth relative to its peers but seems to expect the company to maintain its relatively high rates of return.
ALPHA-GR has relatively high profit margins while operating with median capital turns.
Change in the company’s annual revenues seems to be coming at the expense of earnings.
Over the last five years, ALPHA-GR’s return on equity has improved from median to better than the median among its peers, suggesting the company has found relative operating advantages.
While the company’s lending operations do not seem to benefit from any relative pricing advantage its margins suggest relatively low operating costs.
ALPHA-GR’s revenue growth in recent years and current P/E ratio are both around their respective peer medians suggesting that historical performance and long-term growth expectations for the company are largely in sync.
The company’s level of equity capital investment suggests it might be under-investing in a business with above median returns.