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Moneta Money Bank AS (MONET) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Moneta Money Bank AS stock CZK 121, price CZK 189, that is 36.1% below the price, quality 59 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.

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Financial Services CZ · ISIN CZ0008040318

MM Moneta Money Bank AS logo Broad data Nov 7, 2026

Moneta Money Bank AS

MONET · PR
Solid, but very expensive

Our calculation puts a fair price 36% below what the stock costs today.

Highly profitable · 50.2% net margin (TTM)
6.1% dividend yield · Sustainable
Ranks above peers (8/13)
Wide moat 71/100
Broad data
Quality 59/100
Mixed Growth (revenue 5y +2.9 %/yr in CZK)
Fair value 120.68 CZK · Strongly overvalued
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

202.98 CZK 48.75 CZK Fair Value 120.68 CZK Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.

How to read this chart

60‑month range 48.75 CZK – 202.98 CZK · fair‑value band 90.51 CZK – 150.85 CZK · the 188.80 CZK price screens above the 120.68 CZK fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.

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Company profile

MONETA Money Bank, a.s., together with its subsidiaries, offers banking and financial products and services in the Czech Republic, Cyprus, the United States, the United Kingdom, and worldwide. It operates through Commercial Clients, Retail Clients, and Treasury/Other segments.

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Its deposit products include current, building saving, and savings accounts; term deposits; and transactional banking products such as payment services and debit cards.

It also provides lending products, such as mortgages; unsecured lending products comprising consumer and auto loans, credit cards, personal overdrafts, building savings loans, and bridging loans; and commercial lending products that include working capital, investment loans, finance leases and loans, auto loans, and inventory financing, as well as financing of small businesses and entrepreneurs through guarantees, letters of credit, and foreign exchange transactions.

In addition, the company intermediates additional payment protection insurance, which covers the customer's monthly loan payment in the event of unemployment, accident, or sickness; and acts as the intermediary to provide its customers with other insurance and investment products.

Further, it is involved in the foreign exchange transactions, interest rate swaps, debt securities investment, equity investments, and other non"interest bearing assets activities, as well as provision of debit and credit cards.

Additionally, the company offers domestic and foreign payments services, insurance and investment funds, merchant acquiring services, and treasury and trade finance products.

It serves retail customers, small and medium-sized enterprises, corporate clients, and financial and public sector institutions. It operates through a network of branches and ATMs. The company was formerly known as GE Money Bank, a.s. and changed its name to MONETA Money Bank, a.s. in May 2016.

MONETA Money Bank, a.s. was incorporated in 1998 and is based in Prague, the Czech Republic.

Stock analysis

Moneta Money Bank AS (MONET) currently trades at 188.80 CZK, while our model-based Fair Value estimate is 120.68 CZK, 36% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Dividend Discount group reads highest at a median of 224.08 CZK per share, and 2 of the 6 models we run sit above the 188.80 CZK price.

Bear case: the Asset-Based group reads lowest at 36.36 CZK, and 4 of the 6 models stay below the price. Data coverage for this calculation is high.

Scenario range: 90.51 CZK (bear) to 150.85 CZK (bull), the price of 188.80 CZK 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 59/100 (solid quality), in the Financial Services sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Moneta Money Bank AS reported revenue of 13.9B CZK in FY2025 versus 11.2B CZK in FY2021, a compound +5.6%/yr. Reported net income was 6.5B CZK in FY2025, compounding +13.0%/yr from FY2021.

Key figures

Market cap 96.5B CZK (≈ $4.4B) Mid · P/E ratio 13.6 · P/S ratio 6.81 · EPS (TTM) 13.93 CZK · Dividend yield 6.1% · Net margin 50.2% · Return on equity 21.5% · Return on assets (EBIT) 2.1% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (medium confidence).

What moves the price

The share trades about 7% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −36%, MONET screens richer than that median.

Fair Value models

Bear 90.51 CZK Fair Value 120.68 CZK Bull 150.85 CZK
Price 188.80 CZK · Downside -36.1%
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 (2.08 CZK 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.
Best data coverage
Residual Income 77.75 CZK 94.20 CZK 136.80 CZK 75
Gordon GGM 128.60 CZK 251.57 CZK 424.61 CZK 66
DDM Multi-Stage 128.60 CZK 196.59 CZK 269.90 CZK 66
All 6 models by family
Dividend Discount
Gordon GGM 128.60 CZK 251.57 CZK 424.61 CZK 66
DDM Multi-Stage 128.60 CZK 196.59 CZK 269.90 CZK 66
Multiples
P/E Multiple 124.04 CZK 165.39 CZK 206.73 CZK 63
P/B Multiple 56.98 CZK 75.97 CZK 94.96 CZK 55
Asset-Based
NCAV (Graham) 27.13 CZK 36.36 CZK 54.26 CZK 51
Economic Profit
Residual Income 77.75 CZK 94.20 CZK 136.80 CZK 75

Open the full fair value analysis →

Quality Score breakdown

Overall quality 59/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 41
How much profit the company makes from its sales and capital
Quality Growth 60
Are margins and returns getting better?
Cashflow 69
Do the profits arrive as real cash?
Financial strength 15
Debt, balance sheet and risk of trouble
Investment 74
Does it invest with discipline instead of growing at any price?
Low Volatility 91
How calm the share price moves, does not count
Price momentum 44
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 56
Distance to the 52-week high, does not count
New shares 82
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 65/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+8.0%
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.
+4.8%
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.
+2.9%
Start year 2020 (pandemic). Over 10 years: +1.4% a year
Revenue growth 10 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.
+1.4%
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.
+16.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+10.3%
Dividend (yield on the price)6.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.10.3% vs 4.2%, picking up
Pace: the 5-year rate starts in 2020 (pandemic)

MONET screens overvalued: fair value 36% below the price. Compare with China Merchants Bank Co →

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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 · 996 stocks

Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 59 · Above median
Fair Value upside −36.1% · Bottom 25%
Profitability
Return on equity (12 months) 21.5% · Top 25%
Return on assets 1.3% · Above median
Net margin (12 months) 50.2% · Top 25%
Operating margin (12 months) 66.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) 11.6% · Above median
Dividend yield (12 months) 6.1% · Top 25%

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (12 months) 13.6× · Pricier than median
P/B 3.09× · Priciest 25%
P/S (12 months) 6.81× · Priciest 25%
Price / free cash flow (fiscal year) 29.0× · Priciest 25%
EV/EBITDA 5.5× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 8
FUTURE (revenue growth)58 · sector 47
PAST (return on equity)86 · sector 43
HEALTH (low debt)–
DIVIDEND (yield)100 · 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.

Context: sector, industry, market

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

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Postal Savings Bank of China Co 601658 ¥5.53 ¥7.59 +37% vs MONET
China Merchants Bank Co 600036 ¥42.88 ¥52.73 +23% vs MONET
BNP Paribas SA BNP €91.93 €106.01 +15% vs MONET
Intesa Sanpaolo S.p.A ISP €6.18 €4.49 −27% vs MONET
State Bank of India SBIN ₹1,019 ₹736.65 −28% vs MONET
UniCredit S.p.A UCG €76.80 €50.44 −34% vs MONET
Mizuho Financial Group MFG $9.40 $5.89 −37% vs MONET
DBS Group D05 69.72 SGD 40.39 SGD −42% vs MONET
HDFC Bank Limited HDFCBANK ₹788.25 ₹406.39 −48% vs MONET
ICICI Bank Limited ICICIBANK ₹1,571 ₹615.63 −61% vs MONET

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Moneta Money Bank AS: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Moneta Money Bank AS Fair Value". https://www.fairvalue-calculator.com/stock/MONET

Frequently asked questions

Is Moneta Money Bank AS (MONET) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 120.68 CZK versus a price of 188.80 CZK, about 36% lower (overvalued).
What is the fair value of MONET?
Our model-based fair value for Moneta Money Bank AS is 120.68 CZK (as of Nov 7, 2026), built from audited fundamentals. The current price: 188.80 CZK.
What is the quality score of MONET?
Moneta Money Bank AS has a Quality Score of 59/100. 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 Moneta Money Bank AS (MONET)?
Our model-based price target is the fair value of 120.68 CZK (as of Nov 7, 2026) from 6 valuation models. Cautious scenario 90.51 CZK, optimistic scenario 150.85 CZK. It is a calculation from audited fundamentals, not an analyst target.
What is the Moneta Money Bank AS stock forecast for 2026?
Our models put fair value at 120.68 CZK, about 36% lower versus a price of 188.80 CZK (overvalued). Cautious scenario 90.51 CZK, optimistic scenario 150.85 CZK. The calculation is refreshed regularly with new filings.
What is the revenue of Moneta Money Bank AS (MONET)?
Moneta Money Bank AS reported trailing-twelve-month revenue of about 14.2B CZK (latest available figure, as of Nov 7, 2026).
Does Moneta Money Bank AS pay a dividend?
Moneta Money Bank AS currently shows a dividend yield of 6.09% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Moneta Money Bank AS (MONET) and when is the ex-dividend date?
Moneta Money Bank AS pays a dividend of 11.50 CZK per share a year, a dividend yield of 6.1%. The last ex-dividend date was Apr 24, 2026. A dividend has been paid every year since 2021. The payout ratio is 82.6% of earnings. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What is the intrinsic value of Moneta Money Bank AS (MONET)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Moneta Money Bank AS it is 120.68 CZK per share (as of Nov 7, 2026), against a price of 188.80 CZK. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Moneta Money Bank AS stock overvalued or undervalued in 2026?
As of Nov 7, 2026, MONET trades above its calculated fair value: price 188.80 CZK, fair value 120.68 CZK, a gap of about −36% (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 MONET?
No. The price is what the market pays today (188.80 CZK); the fair value is what the company's own numbers justify (120.68 CZK). For Moneta Money Bank AS the two are 68.12 CZK per share apart. That gap is exactly why we show both numbers side by side.
How much is Moneta Money Bank AS worth?
The market values Moneta Money Bank AS at about 96.5B CZK (market capitalisation, as of Nov 7, 2026). Per share that is 188.80 CZK; our models calculate a fair value of 120.68 CZK per share.
What do the bullish and bearish scenarios say about MONET?
Our models span a range for Moneta Money Bank AS: cautious scenario 90.51 CZK, base 120.68 CZK, optimistic 150.85 CZK per share (as of Nov 7, 2026, price 188.80 CZK). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MONET?
Moneta Money Bank AS trades at a price-to-earnings ratio of 13.6 (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 120.68 CZK is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 10.8. Other multiples: P/B 3.1, P/S 6.8, EV/EBITDA 5.5.
How solid is the balance sheet of Moneta Money Bank AS (MONET)?
Balance-sheet figures for Moneta Money Bank AS (as of Nov 7, 2026): return on equity 21.5%. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is MONET from its 52-week high?
Moneta Money Bank AS trades at 188.80 CZK, about 7% below its 52-week high of 202.98 CZK and 14% above the low of 165.26 CZK (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 120.68 CZK is for.
Which stocks are comparable to Moneta Money Bank AS?
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 Moneta Money Bank AS stock attractive at the current price?
The data as of Nov 7, 2026: price 188.80 CZK, calculated fair value 120.68 CZK (−36%), Quality Score 59/100, 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 MONET calculated?
We run Moneta Money Bank AS through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 120.68 CZK 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. Moneta Money Bank AS 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 Moneta Money Bank AS (MONET)?
The closing price on Nov 6, 2026 was 188.80 CZK. Our model-based fair value is 120.68 CZK, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Moneta Money Bank AS right now?
The price sits above even our optimistic bull case (150.85 CZK). The favourable scenario is already priced in. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder. 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 Moneta Money Bank AS

How large is the market capitalisation of Moneta Money Bank AS (MONET)?
The market capitalisation of Moneta Money Bank AS is 96.5B CZK (≈ $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 Moneta Money Bank AS (MONET)?
The price-to-sales ratio of Moneta Money Bank AS is 6.81 (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 Moneta Money Bank AS (MONET)?
Earnings per share at Moneta Money Bank AS are 13.93 CZK (price ÷ EPS = P/E 13.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Moneta Money Bank AS (MONET)?
The dividend yield of Moneta Money Bank AS is 6.1% (payout 82.6%). 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 Moneta Money Bank AS (MONET)?
The net margin of Moneta Money Bank AS is 50.2% (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 Moneta Money Bank AS (MONET)?
The return on equity (ROE) of Moneta Money Bank AS is 21.5% (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 Moneta Money Bank AS (MONET)?
On an EBIT basis the return on assets of Moneta Money Bank AS is 2.1% (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 Moneta Money Bank AS (MONET)?
The operating margin of Moneta Money Bank AS is 66.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Moneta Money Bank AS (MONET)?
Revenue at Moneta Money Bank AS is growing +11.6% versus a year earlier (3y avg +4.8%). 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 Moneta Money Bank AS (MONET)?
Earnings per share at Moneta Money Bank AS are growing +20.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Moneta Money Bank AS (MONET) generate?
The free cash flow of Moneta Money Bank AS is 3.3B CZK (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 Moneta Money Bank AS (MONET) carry?
The net debt of Moneta Money Bank AS is 1.3B CZK (fiscal year 2025, ≈ 0.4 yrs of FCF). 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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