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Bursa de Valori Bucuresti SA (BVB) Fair Value & Analysis

Financial Services · RO · Market cap 488M RON

BD Bursa de Valori Bucuresti SA BVB · RO
Price54.40 RON
Fair Value26.26 RON
Upside-51.7%
Quality80/100
Evidence: Medium Range 14.69 RON – 32.82 RON

Fair value as of: Jun 25, 2026

From 26 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from 20.52 RON to 26.26 RON (+28.0%) since Jun 24, 2026. Share price −0.7% over the past month.

Price vs Fair Value (12 months)

56.00 RON 37.00 RON Fair Value 26.26 RON Jun 2025 Jun 2026

12‑month range 37.00 RON – 56.00 RON · fair‑value band 14.69 RON – 32.82 RON · the 54.40 RON price screens above the 26.26 RON fair value. As of Jun 25, 2026.

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Analysis

Bursa de Valori Bucuresti SA (BVB) currently trades at 54.40 RON, while our model-based Fair Value estimate is 26.26 RON — implying the stock looks roughly 51.7% overvalued today. We read business quality at 80/100 (high quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Bursa de Valori Bucuresti SA generated revenue of 84.1M RON at a net margin of 14.1%. Revenue grew 12.1% year over year. It earns a return on equity of 4.7%. The stock trades on a trailing P/E of 24.0. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 84.1M RON
Revenue growth (YoY) +12.1%
Net margin 14.1%
Return on equity 4.7%
Free cash flow 1.3M RON FY2025
P/E ratio 24.0
More key figures
Operating margin 8.7%
EPS (TTM) 2.25 RON
EPS growth (YoY) +55.5%

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Bursa de Valori Bucuresti SA engages in the administration of the financial markets in Romania. The company operates through Capital Markets, Post-Trade Services, Registry Services, and CCP.RO Services segments. It operates a regulated market for trading of financial instruments, such as shares and rights issued by international and Romanian entities; debt instruments, including corporate, municipality, and government bonds issued by Romanian entities and international corporate bonds; UCITs consisting of shares and fund units; structured products; and tradable UCITS, such as ETFs. It also operates AeRO market for start-ups and SMEs; and Arena trading system for trading, clearing, settlement, and registry operations for spot and futures, as well as brokerage system. In addition, it offers data vending to data vendors, professionals, and investors; post-trading services; registry services, such as maintaining and updating the register of security holders for listed companies; and cen…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bursa de Valori Bucuresti SA reported revenue of 84.1M RON in FY2025 versus 46.2M RON in FY2021, a compound +16.2%/yr. Reported net income was 11.9M RON in FY2025, compounding +16.4%/yr from FY2021.

Revenue +16.2%/yr
FY21 46.2M RON
FY22 56.5M RON
FY23 82.8M RON
FY24 78.6M RON
FY25 84.1M RON
Net income +16.4%/yr
FY21 6.5M RON
FY22 10.6M RON
FY23 24.7M RON
FY24 13.1M RON
FY25 11.9M RON

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Similar stocks

6 more Financial Data & Stock Exchanges stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

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S&P Global Inc SPGI C$19.84 C$12.72 -36%
CME Group CME $263.80 $136.23 -48%
Intercontinental Exchange, Inc ICE $142.06 $66.39 -53%
Moody's Corporation MCO $451.35 $178.72 -60%
Hong Kong Exchanges and Clearing Limited 0388 HK$383.00 HK$364.76 -5%
London Stock Exchange Group LDNXF $109.65 $57.38 -48%

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Frequently asked questions

Is Bursa de Valori Bucuresti SA (BVB) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 26.26 RON versus a price of 54.40 RON — about −52% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BVB?
Our 21-model fair value for Bursa de Valori Bucuresti SA is 26.26 RON (as of Jun 25, 2026), built from audited fundamentals. The current price is 54.40 RON.
What is the quality score of BVB?
Bursa de Valori Bucuresti SA has a Quality Score of 80/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Bursa de Valori Bucuresti SA (BVB)?
Bursa de Valori Bucuresti SA reported trailing-twelve-month revenue of about 84.1M RON (latest available figure, as of Jun 25, 2026).
What is the net profit margin of BVB?
The net profit margin of Bursa de Valori Bucuresti SA is about 14.1%, meaning it keeps roughly 14.1% of revenue as net income. Based on the latest reported figures.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.