BBVA Banco Frances SA (BBAR) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of BBVA Banco Frances SA ARS 3,841, price ARS 7,390, upside -48.0%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch BBVA Banco Frances SA for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 115.25 ARS – 10,570 ARS · fair‑value band 3,823 ARS – 3,841 ARS · the 7,390 ARS price screens above the 3,841 ARS fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow BBVA Banco Frances in your weekly email
Every Wednesday you see whether BBVA Banco Frances is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Banco BBVA Argentina S.A. provides banking products and services in Argentina.
Show more
Banco BBVA Argentina S.A. provides banking products and services in Argentina. The company offers retail banking products and services, such as checking and savings accounts, time deposits, credit card financing, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies and small and medium-sized enterprises. It also provides corporate and investment banking products and services, including global transaction services; global markets solutions comprising risk management and securities brokerage; project finance and syndicated loans; and corporate finance services consisting of mergers and acquisitions and capital markets advisory services to corporations and multinational companies. In addition, the company provides foreign trade and asset management services, as well as credit and debit cards. The company was formerly known as BBVA Banco Francés S.A. and changed its name to Banco BBVA Argentina S.A. in November 2019. The company was incorporated in 1886 and is based in Buenos Aires, Argentina.
Stock analysis
BBVA Banco Frances SA (BBAR) currently trades at 7,390 ARS, while our model-based Fair Value estimate is 3,841 ARS, implying the stock looks roughly 92.4% overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 6,686 ARS per share, and 1 of the 4 models we run sit above the 7,390 ARS price.
Bear case: the Asset-Based group reads lowest at 3,753 ARS, and 3 of the 4 models stay below the price. Evidence for this calculation is medium.
Scenario range: 3,823 ARS (bear) to 3,841 ARS (bull), the price of 7,390 ARS 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 46/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
BBVA Banco Frances SA reported revenue of 3.1T ARS in FY2025 versus 166B ARS in FY2021, a compound +107.3%/yr. Reported net income was 315B ARS in FY2025, compounding +96.4%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 6.3T ARS (≈ $4.4B) · P/E ratio 14.4 · P/S ratio 1.48 · EPS (TTM) 513.94 ARS · Net margin 10.3% · Return on equity 7.2% · Return on assets 1.2% · Operating margin 14.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 79% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −38% fair-value upside, at −48%, BBAR screens richer than that median.
Fair Value models
Bear 3,823 ARSFair Value 3,841 ARSBull 3,841 ARS
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (375.95 ARS 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.Evidence ⓘEvidence = 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 is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−32.3%
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.
+192.1%
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.
+99.1%
Start year 2020 (pandemic)
Revenue growth 8 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.
+85.8%
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in ARS ⓘ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: adjusted. Measured in ARS: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+82.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+82.4%
Dividend (yield on the price)0.0%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−31.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+29.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (Argentina: IMF forecast 13.8% a year to 2030) that is about −39.5% a year for the price and +14.1% for the forecasts.
Price, fair value, quality and upside side by side.
Free, no sign-up
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 · 1074 stocks
Beats the industry median on 3/14 measures
Overall it trails its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside−48% · Bottom 25%
Profitability
Return on equity (TTM)7% · Below median
Return on assets1% · Above median
Net margin (TTM)7% · Bottom 25%
Operating margin (TTM)14% · Bottom 25%
Growth and dividend
Revenue growth1% · Below median
Dividend yield (TTM)0.0% · Bottom 25%
Balance sheet
Debt / equity0.42× · Above median
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (TTM)14.4× · Pricier than median
P/B1.83× · Priciest 25%
P/S (TTM)2.00× · Cheapest 25%
P/FCF0.0× · Cheapest 25%
PEG1.61× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 12
FUTURE (revenue growth)4· sector 45
PAST (return on equity)29· sector 41
HEALTH (low debt)79· sector 85
DIVIDEND (yield)0· sector 53
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). "BBVA Banco Frances SA Fair Value". https://www.fairvalue-calculator.com/stock/BBAR
Frequently asked questions
Is BBVA Banco Frances SA (BBAR) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 3,841 ARS versus a price of 7,390 ARS, about −48% upside (overvalued).
What is the fair value of BBAR?
Our model-based fair value for BBVA Banco Frances SA is 3,841 ARS (as of Sep 24, 2026), built from audited fundamentals. The current price: 7,390 ARS.
What is the quality score of BBAR?
BBVA Banco Frances SA has a Quality Score of 46/100. 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 BBVA Banco Frances SA (BBAR)?
Our model-based price target is the fair value of 3,841 ARS (as of Sep 24, 2026) from 4 valuation models. Cautious scenario 3,823 ARS, optimistic scenario 3,841 ARS. It is a calculation from audited fundamentals, not an analyst target.
What is the BBVA Banco Frances SA stock forecast for 2026?
Our models put fair value at 3,841 ARS, about −48% upside versus a price of 7,390 ARS (overvalued). Cautious scenario 3,823 ARS, optimistic scenario 3,841 ARS. The calculation is refreshed regularly with new filings.
What is the revenue of BBVA Banco Frances SA (BBAR)?
BBVA Banco Frances SA reported trailing-twelve-month revenue of about 3.1T ARS (latest available figure, as of Sep 24, 2026).
What growth is priced into BBVA Banco Frances SA (BBAR)?
For today's price to be fair in a discounted-cash-flow model, BBVA Banco Frances SA would have to grow free cash flow by -31.1 % per year for five years (discount rate 17.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +99.1 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of BBAR use?
Our models discount BBVA Banco Frances SA at 17.7 %: a base by market capitalisation (mid), damped by beta 0.04, country premium for Argentina. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For BBVA Banco Frances SA that is -31.1 % per year a year over ten years, using the same discount rate (17.7 %) and the same formula as our fair value.
How much growth has BBVA Banco Frances SA (BBAR) delivered so far?
Over the past 5 years revenue at BBVA Banco Frances SA grew +99.1 % a year. The price currently implies -31.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of BBVA Banco Frances SA (BBAR) growing?
The median revenue growth in the sector is +8.4 % a year. That is the yardstick for the growth priced into BBVA Banco Frances SA (-31.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of BBVA Banco Frances SA (BBAR)?
The free-cash-flow yield on the price is 17.30 %: that much free cash flow BBVA Banco Frances SA produces per unit of market value. When it exceeds the discount rate of our models (17.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of BBVA Banco Frances SA (BBAR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BBVA Banco Frances SA it is 3,841 ARS per share (as of Sep 24, 2026), against a price of 7,390 ARS. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is BBVA Banco Frances SA stock overvalued or undervalued in 2026?
As of Sep 24, 2026, BBAR trades above its calculated fair value: price 7,390 ARS, fair value 3,841 ARS, a gap of about −48% (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 BBAR?
No. The price is what the market pays today (7,390 ARS); the fair value is what the company's own numbers justify (3,841 ARS). For BBVA Banco Frances SA the two are 3,549 ARS per share apart. That gap is exactly why we show both numbers side by side.
How much is BBVA Banco Frances SA worth?
The market values BBVA Banco Frances SA at about 6.3T ARS (market capitalisation, as of Sep 24, 2026). Per share that is 7,390 ARS; our models calculate a fair value of 3,841 ARS per share.
What do the bullish and bearish scenarios say about BBAR?
Our models span a range for BBVA Banco Frances SA: cautious scenario 3,823 ARS, base 3,841 ARS, optimistic 3,841 ARS per share (as of Sep 24, 2026, price 7,390 ARS). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BBAR?
BBVA Banco Frances SA trades at a price-to-earnings ratio of 14.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 3,841 ARS is built from several models across several years. Other multiples: PEG 1.6, P/B 1.8, P/S 2.0.
What is the PEG ratio of BBAR?
The PEG ratio of BBVA Banco Frances SA is 1.61 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of BBVA Banco Frances SA (BBAR)?
Balance-sheet figures for BBVA Banco Frances SA (as of Sep 24, 2026): return on equity 7.2%, debt of 0.42 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is BBAR from its 52-week high?
BBVA Banco Frances SA trades at 7,390 ARS, about 30% below its 52-week high of 10,570 ARS and 79% above the low of 4,140 ARS (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 3,841 ARS is for.
Which stocks are comparable to BBVA Banco Frances SA?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, Intesa Sanpaolo S.p.A, HDFC Bank 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 BBVA Banco Frances SA stock attractive at the current price?
The data as of Sep 24, 2026: price 7,390 ARS, calculated fair value 3,841 ARS (−48%), Quality Score 46/100, 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 BBAR calculated?
We run BBVA Banco Frances SA through 4 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 3,841 ARS, 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 14.1 % above its aggregate fair value. BBVA Banco Frances 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 BBVA Banco Frances SA (BBAR)?
The closing price on Sep 23, 2026 was 7,390 ARS. Our model-based fair value is 3,841 ARS, about −48% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BBVA Banco Frances SA right now?
The price sits above even our optimistic bull case (3,841 ARS). The favourable scenario is already priced in. Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder. The models converge in a tight band (3,823 ARS to 3,841 ARS), unusually little disagreement for a valuation. 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 BBVA Banco Frances SA
How large is the market capitalisation of BBVA Banco Frances SA (BBAR)?
The market capitalisation of BBVA Banco Frances SA is 6.3T ARS (≈ $4.4B). 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 BBVA Banco Frances SA (BBAR)?
The price-to-sales ratio of BBVA Banco Frances SA is 1.48 (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 BBVA Banco Frances SA (BBAR)?
Earnings per share at BBVA Banco Frances SA are 513.94 ARS (price ÷ EPS = P/E 14.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of BBVA Banco Frances SA (BBAR)?
The net margin of BBVA Banco Frances SA is 10.3% (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 BBVA Banco Frances SA (BBAR)?
The return on equity (ROE) of BBVA Banco Frances SA is 7.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the return on assets of BBVA Banco Frances SA (BBAR)?
The return on assets (ROA) of BBVA Banco Frances SA is 1.2% (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 BBVA Banco Frances SA (BBAR)?
The operating margin of BBVA Banco Frances SA is 14.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BBVA Banco Frances SA (BBAR)?
Revenue at BBVA Banco Frances SA is growing +0.8% versus a year earlier (3y avg +192%). 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 BBVA Banco Frances SA (BBAR)?
Earnings per share at BBVA Banco Frances SA are growing −24.6% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch BBVA Banco Frances SA in the live analysis
One click puts BBVA Banco Frances SA on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Some data
Sep 24, 2026