Banimmo SA (BANI) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Banimmo SA stock €1.27, price €3.00, that is 57.7% below the price, quality 35 out of 100. Rating: strongly overvalued. Calculated from audited financials with 4 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range €2.64 – €4.56 · fair‑value band €0.9500 – €1.59 · the €3.00 price screens above the €1.27 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Banimmo SA acquires, develops, holds, leases, and sells real estate properties in Belgium. Its projects include office, residential, retail, public, and mixed-use developments. The company was incorporated in 2002 and is based in Brussels, Belgium.
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Banimmo SA operates as a subsidiary of Patronale Life NV.
Stock analysis
Banimmo SA (BANI) currently trades at €3.00, while our model-based Fair Value estimate is €1.27, 58% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of €4.10 per share, and 3 of the 4 models we run sit above the €3.00 price.
Bear case: the Multiples group reads lowest at €2.68, and 1 of the 4 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €0.9500 (bear) to €1.59 (bull), the price of €3.00 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 35/100 (below-average quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Banimmo SA reported revenue of €7.7M in FY2025 versus €81.9M in FY2021, a compound −44.6%/yr. Reported net income was €841K in FY2025, compounding −57.2%/yr from FY2021.
Key figures
Market cap €33.7M Micro · P/E ratio 3.8 · P/S ratio 0.61 · EPS (TTM) €0.8000 · Net margin 16.4% · Return on equity 14.1% · Return on assets (EBIT) 4.2% (5-year average) · Operating margin 33.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 14% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 33% fair-value upside, at −58%, BANI screens richer than that median.
Fair Value models
Bear€0.9500Fair Value €1.27Bull€1.59
Price €3.00 · Downside -57.7%
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 (€0.6860 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+5.8%
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.
+15.8%
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.
+18.3%
Start year 2020 (pandemic). Over 10 years: −17.2% a year
Revenue growth 21 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.
−3.9%
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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. Basis: EBIT basis.
−27.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−27.0%
Dividend (yield on the price)0.0%
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.59% → 49%
⚠ Revenue per share shrinking 17.8%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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.Real Estate - Development · 489 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score35 · Bottom 25%
Fair Value upside−57.7% · Bottom 25%
Profitability
Return on equity (12 months)14.1% · Top 25%
Return on assets0.8% · Below median
Net margin (12 months)31.8% · Top 25%
Operating margin (12 months)33.7% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)12.9% · Above median
Balance sheet
Debt / equity0.03× · Lowest 25%
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/E (12 months)3.8× · Cheapest 25%
P/B0.49× · Cheaper than median
P/S (12 months)1.18× · Cheaper than median
EV/EBITDA3.1× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 68
FUTURE (revenue growth)65· sector 0
PAST (return on equity)56· sector 17
HEALTH (low debt)99· sector 83
DIVIDEND (yield)0· sector 61
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). "Banimmo SA Fair Value". https://www.fairvalue-calculator.com/stock/BANI
Frequently asked questions
Is Banimmo SA (BANI) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of €1.27 versus a price of €3.00, about 58% lower (overvalued).
What is the fair value of BANI?
Our model-based fair value for Banimmo SA is €1.27 (as of Nov 7, 2026), built from audited fundamentals. The current price: €3.00.
What is the quality score of BANI?
Banimmo SA has a Quality Score of 35/100. 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 Banimmo SA (BANI)?
Our model-based price target is the fair value of €1.27 (as of Nov 7, 2026) from 4 valuation models. Cautious scenario €0.9500, optimistic scenario €1.59. It is a calculation from audited fundamentals, not an analyst target.
What is the Banimmo SA stock forecast for 2026?
Our models put fair value at €1.27, about 58% lower versus a price of €3.00 (overvalued). Cautious scenario €0.9500, optimistic scenario €1.59. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Banimmo SA (BANI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Banimmo SA it is €1.27 per share (as of Nov 7, 2026), against a price of €3.00. It is the blended result of 4 valuation models in 3 families (Multiples, Asset-Based, Economic Profit).
Is Banimmo SA stock overvalued or undervalued in 2026?
As of Nov 7, 2026, BANI trades above its calculated fair value: price €3.00, fair value €1.27, a gap of about −58% (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 BANI?
No. The price is what the market pays today (€3.00); the fair value is what the company's own numbers justify (€1.27). For Banimmo SA the two are €1.73 per share apart. That gap is exactly why we show both numbers side by side.
How much is Banimmo SA worth?
The market values Banimmo SA at about €33.7M (market capitalisation, as of Nov 7, 2026). Per share that is €3.00; our models calculate a fair value of €1.27 per share.
What do the bullish and bearish scenarios say about BANI?
Our models span a range for Banimmo SA: cautious scenario €0.9500, base €1.27, optimistic €1.59 per share (as of Nov 7, 2026, price €3.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BANI?
Banimmo SA trades at a price-to-earnings ratio of 3.8 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €1.27 is built from several models across several years. Other multiples: P/B 0.5, P/S 1.2, EV/EBITDA 3.1.
How solid is the balance sheet of Banimmo SA (BANI)?
Balance-sheet figures for Banimmo SA (as of Nov 7, 2026): return on equity 14.1%, debt of 0.03 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is BANI from its 52-week high?
Banimmo SA trades at €3.00, about 6% below its 52-week high of €3.18 and 14% above the low of €2.64 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €1.27 is for.
Which stocks are comparable to Banimmo SA?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, DLF 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 Banimmo SA stock attractive at the current price?
The data as of Nov 7, 2026: price €3.00, calculated fair value €1.27 (−58%), Quality Score 35/100, from 4 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 BANI calculated?
We run Banimmo SA through 4 models from 3 families: Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of €1.27 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Banimmo SA 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 Banimmo SA (BANI)?
The closing price on Nov 6, 2026 was €3.00. Our model-based fair value is €1.27, about 58% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Banimmo SA right now?
The price sits above even our optimistic bull case (€1.59). The favourable scenario is already priced in. Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Banimmo SA
How large is the market capitalisation of Banimmo SA (BANI)?
The market capitalisation of Banimmo SA is €33.7M. 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 Banimmo SA (BANI)?
The price-to-sales ratio of Banimmo SA is 0.61 (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 Banimmo SA (BANI)?
Earnings per share at Banimmo SA are €0.8000 (price ÷ EPS = P/E 3.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Banimmo SA (BANI)?
The net margin of Banimmo SA is 16.4% (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 Banimmo SA (BANI)?
The return on equity (ROE) of Banimmo SA is 14.1% (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 Banimmo SA (BANI)?
On an EBIT basis the return on assets of Banimmo SA is 4.2% (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 Banimmo SA (BANI)?
The operating margin of Banimmo SA is 33.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Banimmo SA (BANI)?
Revenue at Banimmo SA is growing +12.9% versus a year earlier (3y avg +15.8%). 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 Banimmo SA (BANI)?
Earnings per share at Banimmo SA are growing +525% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Banimmo SA (BANI) generate?
The free cash flow of Banimmo SA is −€22.6M (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 Banimmo SA (BANI) carry?
The net debt of Banimmo SA is €108M (fiscal year 2025). 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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Nov 7, 2026