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BOCHGR Fair Value & Analysis

Financials · GR · Market cap €4.3B

B BOCHGR BOCHGR · AT
Price€10.44
Fair Value€18.42
Upside+76.4%
Quality70/100
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Mixed Growth
Highly profitable · 48.0% net margin
generates free cash flow
7.14% dividend yield
Ranks above peers (9/12)
Wide moat 73/100
Evidence: High Range €13.82 – €23.03 Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 6 days ago

Fair value updated Aug 13, 2026, revised from €18.75 to €18.42 (−1.8%) since Jul 24, 2026. Share price +4.6% over the past month.

A solid business, screening 76% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (€13.82). The market is more pessimistic than our downside scenario.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (23 months)

€10.89 €3.58 Fair Value €18.42 Sep 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

23‑month range €3.58 – €10.89 · fair‑value band €13.82 – €23.03 · the €10.44 price screens below the €18.42 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

BOCHGR (BOCHGR) currently trades at €10.44, while our model-based Fair Value estimate is €18.42, implying the stock looks roughly 76.4% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Financials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, BOCHGR generated revenue of €1.0B at a net margin of 48.0%. Revenue grew 4.1% year over year. It earns a return on equity of 16.2%. The stock trades on a trailing P/E of 9.4. Fundamentals as of Aug 13, 2026

Our scenario range runs from €13.82 (bear case) to €23.03 (bull case); at €10.44, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 93% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financials peers we cover trades at 73% fair-value upside, at 76%, BOCHGR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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
Highest evidence
Residual Income €6.98 €8.78 €19.59 76
Gordon GGM €5.65 €11.26 €17.05 70
P/E Multiple €10.76 €14.34 €17.93 63
All 6 models by family
Dividend Discount
Gordon GGM €5.65 €11.26 €17.05 70
DDM Multi-Stage €5.65 €9.51 €11.89 61
Multiples
P/E Multiple €10.76 €14.34 €17.93 63
P/B Multiple €7.06 €9.42 €11.77 55
Asset-Based
NCAV (Graham) €3.36 €4.51 €6.73 50
Economic Profit
Residual Income €6.98 €8.78 €19.59 76

Widest divergence: Dividend Discount (€9.51) versus Asset-Based (€4.51). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) €1.0B
Revenue growth (YoY) +4.1%
Net margin 48.0%
Return on equity 16.2%
Free cash flow €1.7B FY2025
P/E ratio 9.4
More key figures
Operating margin 59.1%
EPS (TTM) €1.11
Dividend yield 7.1%
EPS growth (YoY) +4.2%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 74 · Market factors (momentum, volatility) 82

Profitability 48
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 96
Distance to the 52-week high (market factor)
Net Issuance 91
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BOCHGR reported revenue of €1.0B in FY2025 versus €555M in FY2021, a compound +16.7%/yr. Reported net income was €481M in FY2025, compounding +100.5%/yr from FY2021.

Growth Quality 94/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€1.0B
Latest YoY
−5.8%
Avg. growth/yr (3Y) 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.
+15.4%
Revenue +16.7%/yr
FY21 €555M
FY22 €670M
FY23 €1.1B
FY24 €1.1B
FY25 €1.0B
Net income +100.5%/yr
FY21 €29.7M
FY22 €56.6M
FY23 €487M
FY24 €508M
FY25 €481M

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Cite: Fair Value Calculator (2026). "BOCHGR Fair Value". https://www.fairvalue-calculator.com/stock/BOCHGR

Peer Group

Financials · 3173 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Banks” was too small, so the broader sector is used.)

Quality Score 75 · Top 25%
Fair Value upside +76% · Top 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) 48% · Top 25%
Operating margin (TTM) 59% · Top 25%
Revenue growth 4% · Below median
Dividend yield (TTM) 6.7% · Top 25%

Valuation Multiples vs Financials median · lower = cheaper

P/E (TTM) 9.4× · Cheaper than median
P/B 1.70× · Pricier than median
P/S (TTM) 4.94× · Pricier than 75% of peers
P/FCF 3.0× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 28
FUTURE21 · sector 40
PAST65 · sector 38
HEALTH0 · sector 87
DIVIDEND100 · sector 55

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banks stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Federal Home Loan Mortgage Corporation FMCKK $13.00 $26.00 +100%
CGABL CGABL $16.15 $10.52 -35%
American Financial Group AFGE $16.12 $13.69 -15%
AIZN AIZN $18.78 $22.72 +21%
Reinsurance Group RZB $25.34 $43.96 +73%
MGRB MGRB $16.41 $26.47 +61%
Unum Group UNMA $20.98 $36.20 +73%
Affiliated Managers Group MGR $19.98 $36.17 +81%
540755 540755 ₹348.25 ₹696.50 +100%
532134 532134 ₹247.00 ₹187.35 -24%

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Frequently asked questions

Is BOCHGR overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of €18.42 versus a price of €10.44, about +76% (undervalued).
What is the fair value of BOCHGR?
Our model-based fair value for BOCHGR is €18.42 (as of Aug 13, 2026), built from audited fundamentals. The current price: €10.44.
What is the quality score of BOCHGR?
BOCHGR has a Quality Score of 70/100. 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 revenue of BOCHGR?
BOCHGR reported trailing-twelve-month revenue of about €1.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of BOCHGR?
The net profit margin of BOCHGR is about 48.0%, meaning it keeps roughly 48.0% of revenue as net income. Based on the latest reported figures.
Does BOCHGR pay a dividend?
BOCHGR currently shows a dividend yield of about 7.14% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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