Eurobank S.A. (ERBKY) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Eurobank S.A. stock $3.90, price $9.99, that is 61.0% below the price, quality 65 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 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 6, 2026.
How to read this chart
7‑month range $7.23 – $17.66 · fair‑value band $3.20 – $6.05 · the $9.99 price screens above the $3.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Eurobank S.A. provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg. It operates through Retail, Corporate, Markets, International, and Investment Property.
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The company offers current accounts, savings, deposits and investment savings products, credit and debit cards, consumer loans, small business banking, and mortgages, as well as overdrafts, loans and other credit facilities, foreign currency, and derivative products.
It also provides custody and clearing services, cash management and trade service, and investment banking services, including corporate finance, and merger and acquisitions advice services.
In addition, the company offers financial instruments trading and services to institutional investors, as well as specialized financial advice and intermediation services; and mutual fund products, institutional asset management, and equity brokerage services.
Further, it is involved in investment property activities related to a portfolio of commercial real estate assets.
Additionally, the company engages in the provision of business-to-business e-commerce, accounting, tax, sundry, leasing, factoring, investment banking, asset management, brokerage, informatics data processing services; real estate business and real estate services; fund management; insurance agency and brokerage services; general and life insurance; pension assurance intermediary business; and production and distribution of solar generated electric energy.
Eurobank S.A. was founded in 1924 and is based in Athens, Greece. Eurobank S.A. was formerly a subsidiary of Eurobank Ergasias Services and Holdings S.A.
Stock analysis
Eurobank S.A. (ERBKY) currently trades at $9.99, while our model-based Fair Value estimate is $3.90, 61% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $4.95 per share, and 0 of the 6 models we run sit above the $9.99 price.
Bear case: the Asset-Based group reads lowest at $2.10, and 6 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $3.20 (bear) to $6.05 (bull), the price of $9.99 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 65/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Eurobank S.A. reported revenue of €3.4B in FY2025 versus €2.7B in FY2022, a compound +7.2%/yr. Reported net income was €1.4B in FY2025, compounding +0.4%/yr from FY2022.
Key figures
Market cap $36.2B Large · P/E ratio 23.2 · P/S ratio 9.37 · EPS (TTM) $0.4300 · Dividend yield 0.7% · Net margin 40.3% · Return on equity 13.6% · Return on assets 1.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 70 out of 100 (low confidence).
What moves the price
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −61%, ERBKY screens richer than that median.
Fair Value models
Bear$3.20Fair Value $3.90Bull$6.05
Price $9.99 · Downside -61.0%
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 ($0.3069 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.84/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.8%
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.
+7.2%
’22
’23
’24
’25
What shareholders gained per year (last 3 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 3 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.
AI conclusion: The business shows moderate moat potential from its clean balance sheet and margins yet lacks durable evidence across most factors due to commoditized regional banking operations.
Main risk: Regulatory action in Cyprus could force amendments to thousands of mortgage contracts and impose further costs or restrictions on lending practices in a key profit market.
Bull case: By swiftly updating contracts and enhancing compliance frameworks Eurobank could build greater customer trust and expand its position in Cyprus and Bulgaria without major disruptions.
Bear case: Persistent regulatory scrutiny or customer claims in Cyprus combined with higher NPEs from Swiss franc loans could raise costs, limit lending flexibility and slow growth in the international businesses.
Eurobank draws nearly half its adjusted net profit from operations in Cyprus and Bulgaria. It is now acquiring a stake in Cyprus's second-largest bank to deepen that presence. Will the international businesses drive enough additional growth to improve the overall profile, or will domestic performance still set the pace?
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 - Regional · 998 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score65 · Top 25%
Fair Value upside−61.0% · Bottom 25%
Profitability
Return on equity (12 months)13.6% · Above median
Return on assets1.3% · Above median
Net margin (12 months)44.8% · Top 25%
Operating margin (12 months)59.7% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)9.1% · Below median
Dividend yield (12 months)0.7% · Bottom 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (12 months)23.2× · Priciest 25%
P/B3.06× · Priciest 25%
P/S (12 months)10.34× · Priciest 25%
Price / free cash flow (fiscal year)12.3× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)46· sector 47
PAST (return on equity)54· sector 43
HEALTH (low debt)–
DIVIDEND (yield)14· sector 53
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
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). "Eurobank S.A. Fair Value". https://www.fairvalue-calculator.com/stock/ERBKY
Frequently asked questions
Is Eurobank S.A. (ERBKY) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $3.90 versus a price of $9.99, about 61% lower (overvalued).
What is the fair value of ERBKY?
Our model-based fair value for Eurobank S.A. is $3.90 (as of Nov 6, 2026), built from audited fundamentals. The current price: $9.99.
What is the quality score of ERBKY?
Eurobank S.A. has a Quality Score of 65/100. 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 Eurobank S.A. (ERBKY)?
Our model-based price target is the fair value of $3.90 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario $3.20, optimistic scenario $6.05. It is a calculation from audited fundamentals, not an analyst target.
What is the Eurobank S.A. stock forecast for 2026?
Our models put fair value at $3.90, about 61% lower versus a price of $9.99 (overvalued). Cautious scenario $3.20, optimistic scenario $6.05. The calculation is refreshed regularly with new filings.
What is the revenue of Eurobank S.A. (ERBKY)?
Eurobank S.A. reported trailing-twelve-month revenue of about €3.1B (latest available figure, as of Nov 6, 2026).
Does Eurobank S.A. pay a dividend?
Eurobank S.A. currently shows a dividend yield of 0.71% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Eurobank S.A. (ERBKY) and when is the ex-dividend date?
Eurobank S.A. pays a dividend of $0.071 per share a year, a dividend yield of 0.7%. The last ex-dividend date was Jun 22, 2026. The payout ratio is 40.8% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of Eurobank S.A. (ERBKY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Eurobank S.A. it is $3.90 per share (as of Nov 6, 2026), against a price of $9.99. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Eurobank S.A. stock overvalued or undervalued in 2026?
As of Nov 6, 2026, ERBKY trades above its calculated fair value: price $9.99, fair value $3.90, a gap of about −61% (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 ERBKY?
No. The price is what the market pays today ($9.99); the fair value is what the company's own numbers justify ($3.90). For Eurobank S.A. the two are $6.09 per share apart. That gap is exactly why we show both numbers side by side.
How much is Eurobank S.A. worth?
The market values Eurobank S.A. at about $36.2B (market capitalisation, as of Nov 6, 2026). Per share that is $9.99; our models calculate a fair value of $3.90 per share.
What do the bullish and bearish scenarios say about ERBKY?
Our models span a range for Eurobank S.A.: cautious scenario $3.20, base $3.90, optimistic $6.05 per share (as of Nov 6, 2026, price $9.99). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ERBKY?
Eurobank S.A. trades at a price-to-earnings ratio of 23.2 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $3.90 is built from several models across several years. Other multiples: P/B 3.1, P/S 10.3.
How solid is the balance sheet of Eurobank S.A. (ERBKY)?
Balance-sheet figures for Eurobank S.A. (as of Nov 6, 2026): return on equity 13.6%. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
Which stocks are comparable to Eurobank S.A.?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, 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 Eurobank S.A. stock attractive at the current price?
The data as of Nov 6, 2026: price $9.99, calculated fair value $3.90 (−61%), Quality Score 65/100, 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 ERBKY calculated?
We run Eurobank S.A. through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $3.90 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 13.0% above its aggregate fair value. Eurobank S.A. 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 Eurobank S.A. (ERBKY)?
The closing price on Nov 6, 2026 was $9.99. Our model-based fair value is $3.90, about 61% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Eurobank S.A. right now?
The price sits above even our optimistic bull case ($6.05). The favourable scenario is already priced in. Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($3.20 to $6.05) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Eurobank S.A.
How large is the market capitalisation of Eurobank S.A. (ERBKY)?
The market capitalisation of Eurobank S.A. is $36.2B. 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 Eurobank S.A. (ERBKY)?
The price-to-sales ratio of Eurobank S.A. is 9.37 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Eurobank S.A. (ERBKY)?
Earnings per share at Eurobank S.A. are $0.4300 (price ÷ EPS = P/E 23.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Eurobank S.A. (ERBKY)?
The dividend yield of Eurobank S.A. is 0.7% (payout 16.5%). 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 Eurobank S.A. (ERBKY)?
The net margin of Eurobank S.A. is 40.3% (fiscal year 2025). 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 Eurobank S.A. (ERBKY)?
The return on equity (ROE) of Eurobank S.A. is 13.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the return on assets of Eurobank S.A. (ERBKY)?
The return on assets (ROA) of Eurobank S.A. is 1.3% (last twelve months). Profit relative to everything the company owns. Harder to inflate than return on equity because debt does not boost it.
What is the operating margin of Eurobank S.A. (ERBKY)?
The operating margin of Eurobank S.A. is 59.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Eurobank S.A. (ERBKY)?
Revenue at Eurobank S.A. is growing +9.1% versus a year earlier (3y avg +7.2%). 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 Eurobank S.A. (ERBKY)?
Earnings per share at Eurobank S.A. are growing +7.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Eurobank S.A. (ERBKY) generate?
The free cash flow of Eurobank S.A. is €2.6B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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Some data
Nov 6, 2026
