Banca Transilvania S.A. (TLV) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Banca Transilvania S.A. stock RON 23.24, price RON 36.60, that is 36.5% below the price, quality 42 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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Banca Transilvania S.A.
TLV · ROOur calculation puts a fair price 37% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 8.87 RON – 38.30 RON · fair‑value band 18.02 RON – 36.75 RON · the 36.60 RON price screens above the 23.24 RON fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Company profile
Banca Transilvania S.A. provides various banking products and services in Romania, Italy, and the Republic of Moldova.
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The company operates through Large Corporate Clients, Medium Corporate Customers, SME clients, Micro Business clients, Retail customers, Treasury, Leasing and consumer finance granted by non-banking financial institutions, and Other segments.
It offers transactional banking products, current account subscriptions, bancassurance products, debit and credit cards, deposits and savings accounts, consumer loans and mortgages, and ATM services to children, students, and employees.
The company also provides transaction banking, treasury, trade finance, and retail products, as well as asset management, merger and acquisition consultancy, and capital market advisory services to legal and public entities, and financial institutions.
In addition, it offers lending, current and treasury operations; bonus packages, structured finance, and co-financing of EU-funded projects; and bancassurance, and financial and operating leasing services, as well as lease facilities, microfinance, brokerage, factoring, and real estate services.
Further, the company provides loans for working capital or investments, letters of guarantee, EU project co-financing, invoice discounting, and factoring; general and FX operations, incoming and outgoing payments, cheques, promissory notes, and salary payment agreements; and internet and mobile banking, e-commerce, POSs and, the integration service of financial data to limited liability companies, freelancers, and sole proprietorships.
Additionally, it offers services to companies that have undergone the incipient growth stages and whose business activity requires further attention. Banca Transilvania S.A. was incorporated in 1993 and is headquartered in Cluj-Napoca, Romania.
Stock analysis
Banca Transilvania S.A. (TLV) currently trades at 36.60 RON, while our model-based Fair Value estimate is 23.24 RON, 37% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 36.09 RON per share, and 1 of the 6 models we run sit above the 36.60 RON price.
Bear case: the Asset-Based group reads lowest at 11.28 RON, and 5 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 18.02 RON (bear) to 36.75 RON (bull), the price of 36.60 RON 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 42/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Banca Transilvania S.A. reported revenue of 11.8B RON in FY2025 versus 5.5B RON in FY2021, a compound +20.9%/yr. Reported net income was 4.7B RON in FY2025, compounding +23.8%/yr from FY2021.
Key figures
Market cap 45.6B RON (≈ $9.6B) Mid · P/E ratio 9.9 · P/S ratio 3.88 · EPS (TTM) 3.71 RON · Dividend yield 3.1% · Net margin 42.1% · Return on equity 24.5% · Return on assets (EBIT) 2.2% (3-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 72 out of 100 (medium confidence).
What moves the price
The share trades about 4% below its 52-week high and 34% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −37%, TLV screens richer than that median.
Fair Value models
All 6 models by family
The fair value above starts from this blend and is adjusted for dilution from new shares.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
TLV screens overvalued: fair value 37% below the price. Compare with China Merchants Bank Co →
Compare Banca Transilvania S.A. 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 · 996 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
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
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/S ratio by industry
- EBIT margin by industry
- PEG screener for stocks with fair value
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.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs TLV |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs TLV |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs TLV |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs TLV |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs TLV |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs TLV |
| Mizuho Financial Group MFG | $9.40 | $5.89 | −37% | vs TLV |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs TLV |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs TLV |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs TLV |
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Frequently asked questions
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Key figures of Banca Transilvania S.A.
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