ABN Amro Group NV (ABN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ABN Amro Group NV stock €28.43, price €41.00, that is 30.7% below the price, quality 68 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range €6.52 – €43.95 · fair‑value band €21.32 – €35.54 · the €41.00 price screens above the €28.43 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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ABN AMRO Bank N.V. provides various banking products and financial services to retail, private, and corporate banking clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.
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It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company offers fixed deposits; home improvement; mortgage products; investment products; and car, home travel, and legal expenses insurances.
It also provides pension savings; asset-based solutions, including working capital solutions, equipment leases, equipment loans and vendor lease services, clearing services, equity brokerage services, payment and credit cards services; and internet and online banking.
The company was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands. ABN AMRO Bank N.V. operates as a subsidiary of Stichting Administratiekantoor Continuïteit Abn Amro Bank.
Stock analysis
ABN Amro Group NV (ABN) currently trades at €41.00, while our model-based Fair Value estimate is €28.43, 31% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of €30.97 per share, and 0 of the 6 models we run sit above the €41.00 price.
Bear case: the Multiples group reads lowest at €20.94, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: €21.32 (bear) to €35.54 (bull), the price of €41.00 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 68/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
ABN Amro Group NV reported revenue of €16.9B in FY2025 versus €7.6B in FY2021, a compound +21.9%/yr. Reported net income was €2.3B in FY2025, compounding +16.3%/yr from FY2021.
Key figures
Market cap €33.5B Large · P/E ratio 14.7 · P/S ratio 4.17 · EPS (TTM) €2.78 · Dividend yield 4.1% · Net margin 27.7% · Return on equity 9.1% · Return on assets (EBIT) 0.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades about 7% below its 52-week high and 63% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at −31%, ABN screens richer than that median.
Fair Value models
Bear€21.32Fair Value €28.43Bull€35.54
Price €41.00 · Downside -30.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.9302 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.89/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−13.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+29.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.6%
Start year 2020 (pandemic). Over 10 years: +7.8% a year
Revenue growth 13 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+13.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+9.3%
Dividend (yield on the price)4.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.9.3% vs 3.5%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 18%
News mood ⓘNews mood, the average tone of recent news (98 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
AI conclusion: ABN AMRO displays a conventional diversified bank profile offering no visible differentiation while its main weakness remains modest returns on equity paired with high leverage requiring close oversight.
Main risk: Digital challengers such as Revolut and bunq could attract younger and international customers in the Netherlands with higher savings rates and platform features, raising funding costs or eroding market share for ABN AMRO's retail banking products.
Bull case: By accelerating its own digital offerings such as the neobank BUUT and embedding AI in operations, ABN AMRO could retain customers and improve efficiency to offset competitive and compliance pressures.
Bear case: If neobanks capture significant retail share and regulatory demands intensify, ABN AMRO might face persistently higher funding and compliance costs that limit growth in its traditional banking segments.
The Dutch state is halving its stake in ABN AMRO to 10.5 percent through open-market sales, moving the bank closer to full private ownership. The CEO has welcomed the step as further proof of government confidence. Our models see the shares as overvalued. Will the added strategic flexibility from less state involvement deliver more value than the market has already anticipated?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Diversified · 46 stocks
Beats the industry median on 6/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside−30.7% · Below median
Profitability
Return on equity (12 months)9.1% · Bottom 25%
Return on assets0.6% · Bottom 25%
Net margin (12 months)27.7% · Below median
Operating margin (12 months)43.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)11.8% · Top 25%
Dividend yield (12 months)4.1% · Above median
Balance sheet
Debt / equity2.24× · Above median
Valuation Multiplesvs Banks - Diversified median · lower = cheaper
P/E (12 months)14.7× · Pricier than median
P/B1.39× · Cheaper than median
P/S (12 months)4.17× · Pricier than median
Price / free cash flow (fiscal year)8.7× · Cheaper than median
EV/EBITDA15.2× · Pricier than median
PEG1.34× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)59· sector 34
PAST (return on equity)36· sector 47
HEALTH (low debt)0· sector 40
DIVIDEND (yield)82· sector 68
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "ABN Amro Group NV Fair Value". https://www.fairvalue-calculator.com/stock/ABN
Frequently asked questions
Is ABN Amro Group NV (ABN) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of €28.43 versus a price of €41.00, about 31% lower (overvalued).
What is the fair value of ABN?
Our model-based fair value for ABN Amro Group NV is €28.43 (as of Nov 4, 2026), built from audited fundamentals. The current price: €41.00.
What is the quality score of ABN?
ABN Amro Group NV has a Quality Score of 68/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for ABN Amro Group NV (ABN)?
Our model-based price target is the fair value of €28.43 (as of Nov 4, 2026) from 6 valuation models. Cautious scenario €21.32, optimistic scenario €35.54. It is a calculation from audited fundamentals, not an analyst target.
What is the ABN Amro Group NV stock forecast for 2026?
Our models put fair value at €28.43, about 31% lower versus a price of €41.00 (overvalued). Cautious scenario €21.32, optimistic scenario €35.54. The calculation is refreshed regularly with new filings.
What is the revenue of ABN Amro Group NV (ABN)?
ABN Amro Group NV reported trailing-twelve-month revenue of about €9.0B (latest available figure, as of Nov 4, 2026).
Does ABN Amro Group NV pay a dividend?
ABN Amro Group NV currently shows a dividend yield of 4.11% relative to its recent price (as of Nov 4, 2026).
What is the intrinsic value of ABN Amro Group NV (ABN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ABN Amro Group NV it is €28.43 per share (as of Nov 4, 2026), against a price of €41.00. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is ABN Amro Group NV stock overvalued or undervalued in 2026?
As of Nov 4, 2026, ABN trades above its calculated fair value: price €41.00, fair value €28.43, a gap of about −31% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ABN?
No. The price is what the market pays today (€41.00); the fair value is what the company's own numbers justify (€28.43). For ABN Amro Group NV the two are €12.57 per share apart. That gap is exactly why we show both numbers side by side.
How much is ABN Amro Group NV worth?
The market values ABN Amro Group NV at about €33.5B (market capitalisation, as of Nov 4, 2026). Per share that is €41.00; our models calculate a fair value of €28.43 per share.
What do the bullish and bearish scenarios say about ABN?
Our models span a range for ABN Amro Group NV: cautious scenario €21.32, base €28.43, optimistic €35.54 per share (as of Nov 4, 2026, price €41.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ABN?
ABN Amro Group NV trades at a price-to-earnings ratio of 14.7 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €28.43 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 8.4. Other multiples: PEG 1.3, P/B 1.4, P/S 4.2, EV/EBITDA 15.2.
What is the PEG ratio of ABN?
The PEG ratio of ABN Amro Group NV is 1.34 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of ABN Amro Group NV (ABN)?
Balance-sheet figures for ABN Amro Group NV (as of Nov 4, 2026): return on equity 9.1%, debt of 2.24 per unit of equity. They feed the Quality Score of 68/100, which measures business quality independently of the share price.
How far is ABN from its 52-week high?
ABN Amro Group NV trades at €41.00, about 7% below its 52-week high of €43.95 and 63% above the low of €25.08 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €28.43 is for.
Which stocks are comparable to ABN Amro Group NV?
From the same area (Financial Services) we also value JPMorgan Chase & Co, China Construction Bank Corporation, Industrial and Commercial Bank of China Limited, Agricultural Bank of China Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is ABN Amro Group NV stock attractive at the current price?
The data as of Nov 4, 2026: price €41.00, calculated fair value €28.43 (−31%), Quality Score 68/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ABN calculated?
We run ABN Amro Group NV through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €28.43, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. ABN Amro Group NV itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of ABN Amro Group NV (ABN)?
The closing price on Nov 6, 2026 was €41.00. Our model-based fair value is €28.43, about 31% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ABN Amro Group NV right now?
The price sits above even our optimistic bull case (€35.54). The favourable scenario is already priced in. Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of ABN Amro Group NV (ABN) come from?
Earnings per share at ABN Amro Group NV grew +5.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +9.1 %, EBIT margin −5.0 %, tax rate +0.1 %, residual (interest, one-offs) +2.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of ABN Amro Group NV
How large is the market capitalisation of ABN Amro Group NV (ABN)?
The market capitalisation of ABN Amro Group NV is €33.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of ABN Amro Group NV (ABN)?
The price-to-sales ratio of ABN Amro Group NV is 4.17 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of ABN Amro Group NV (ABN)?
Earnings per share at ABN Amro Group NV are €2.78 (price ÷ EPS = P/E 14.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ABN Amro Group NV (ABN)?
The dividend yield of ABN Amro Group NV is 4.1% (payout 60.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of ABN Amro Group NV (ABN)?
The net margin of ABN Amro Group NV is 27.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of ABN Amro Group NV (ABN)?
The return on equity (ROE) of ABN Amro Group NV is 9.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of ABN Amro Group NV (ABN)?
On an EBIT basis the return on assets of ABN Amro Group NV is 0.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of ABN Amro Group NV (ABN)?
The operating margin of ABN Amro Group NV is 43.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ABN Amro Group NV (ABN)?
Revenue at ABN Amro Group NV is growing +11.8% versus a year earlier (3y avg +29.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at ABN Amro Group NV (ABN)?
Earnings per share at ABN Amro Group NV are growing +32.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ABN Amro Group NV (ABN) generate?
The free cash flow of ABN Amro Group NV is €4.3B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does ABN Amro Group NV (ABN) carry?
The net debt of ABN Amro Group NV is €29.5B (fiscal year 2025, ≈ 6.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 4, 2026