Raiffeisen Bank International AG (RAW) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Raiffeisen Bank International AG €52.47, price €58.10, upside -9.7%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Raiffeisen Bank International AG
RAW · XETRAOvervalued / MonitorQuality is not strong enough to offset the price risk.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range €8.18 – €66.50 · fair‑value band €45.58 – €60.82 · the €58.10 price screens above the €52.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
Company profile
Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, retail, and institutional customers.
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Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, retail, and institutional customers. The company provides cash management, investment and subsidized financing, eSpeedTrack, financing and sustainable solutions, electronic bank account management, reporting and payment, supply chain financing, payment acceptance, factoring solutions, export and trade finance, factoring, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, digital banking, working capital, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, mobility, construction and building materials, healthcare and pharmaceuticals, infrastructure and logistics, manufacturing, metals and mining, energy, packaging, real estate, retail, technology, telecom, and utilities industries. It also offers corporate, investment, and retail banking services, such as wealth management services to retail customers and small and medium-sized enterprises. In addition, the company provides accounts, clearing, reporting, settlement, domestic banks, and instant payment services; and investment banking services, including asset based finance, fund finance and alternatives investments, loan syndication, mergers and acquisitions advisory, and debt and equity capital markets services. It operates through a network of business outlets in Central, Southeastern, and Eastern Europe, as well as Albania, Bosnia and Herzegovina, Croatia, Kosovo, Romania, Serbia, Russia, Austria, Czech Republic, Hungary, Poland, Slovakia, and Ukraine. Raiffeisen Bank International AG was founded in 1886 and is based in Vienna, Austria.
Stock analysis
Raiffeisen Bank International AG (RAW) currently trades at €58.10, while our model-based Fair Value estimate is €52.47, so the stock looks roughly fairly valued today (gap 10.7%).
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Valuation
Bull case: the Multiples group reads highest at a median of €54.28 per share, and 1 of the 6 models we run sit above the €58.10 price.
Bear case: the Dividend Discount group reads lowest at €27.29, and 5 of the 6 models stay below the price. Evidence for this calculation is medium.
Scenario range: €45.58 (bear) to €60.82 (bull), the price of €58.10 sits inside 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 58/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Raiffeisen Bank International AG reported revenue of €9.9B in FY2025 versus €5.6B in FY2021, a compound +15.2%/yr. Reported net income was €1.4B in FY2025, compounding 0.0%/yr from FY2021.
Key figures
Market cap €19.1B · P/E ratio 18.6 · P/S ratio 2.57 · EPS (TTM) €3.12 · Dividend yield 2.8% · Net margin 13.8% · Return on equity 6.1% · Return on assets (EBIT) 2.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 107% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −36% fair-value upside, at −10%, RAW screens cheaper than that median.
Fair Value models
All 6 models by family
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Set up alert →Quality Score breakdown
Of which business quality 65 · Market factors (momentum, volatility) 74
Revenue & earnings trend
Growth Forecast
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Compare Raiffeisen Bank International AG with another stock
Price, fair value, quality and upside side by side.
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 · 1060 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: German Stocks
- Valuation of the Germany market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
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|---|---|---|---|
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| UniCredit S.p.A UCG | €79.53 | €77.12 | −3% |
| Mizuho Financial Group MFG | $11.05 | $6.82 | −38% |
| Intesa Sanpaolo S.p.A ISP | €6.38 | €4.06 | −36% |
| BNP Paribas SA BNP | €91.54 | €105.99 | +16% |
| HDFC Bank Limited HDFCBANK | ₹721.20 | ₹406.44 | −44% |
| Oversea-Chinese Banking Corporation O39 | 32.01 SGD | 19.78 SGD | −38% |
| Al Rajhi Banking and Investment Corporation 1120 | 63.15 SAR | 36.95 SAR | −41% |
| CaixaBank, S.A CABK | €12.03 | €8.46 | −30% |
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Key figures of Raiffeisen Bank International AG
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