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LIVE · 16:02 UTC
UCG$78.6859

UniCredit SpA

UnclassifiedRules
Score breakdown
Valuation+26Profitability+35Sentiment+30Risk penalty-3
Quality breakdown
Key fields100Profile25Conclusion97AI synthesis40Observations27

UniCredit SpA maintains a capital structure characterized by significant leverage, with total liabilities of €802.5 billion against total assets of €870.2 billion. The debt-to-equity ratio stands at 2.94, reflecting the high leverage typical of banking operations where customer deposits constitute a large portion of liabilities. Long-term debt is recorded at €199.1 billion. Liquidity is assessed as medium risk, with a key flag noting that net cash is negative after subtracting total debt. The company generates operating cash flow of €8.5 billion and free cash flow of €5.8 billion, supported by capital expenditures of -€1.3 billion. Profitability metrics indicate a return on equity of 16.12% and a return on assets of 1.25%. The company reports net income of €10.9 billion on revenue of €14.1 billion, demonstrating a strong net margin profile. The price-to-earnings ratio is 10.9, and the price-to-book ratio is 1.76, suggesting the market values the equity at a premium to book value. The price-to-tangible book ratio is also 1.76. Segment and geographic revenue mix data is not provided in the available input, preventing a detailed analysis of revenue concentration by business line or region. The analysis relies on consolidated financial figures for the latest normalized period. Growth trajectory analysis is limited by the absence of historical period data in the input. The current revenue base is €14.1 billion, but year-over-year trends cannot be calculated from the provided snapshot. Risk assessment highlights medium liquidity risk and low dilution risk. The primary financial flag is the negative net cash position after debt subtraction. The shares outstanding basic and diluted counts are identical at 1.51 billion, indicating no immediate dilutive securities in the current period. Recent investor relations observations show a mean analyst price target of €82.50 and a median target of €84.50, with a high target of €100.00 and a low target of €52.00. The mean recommendation is 2.00, indicating a buy consensus, with 5 strong buys, 10 buys, and 5 holds. The current market price is €78.68, trading below the mean and median analyst targets.

30-day price · UCG(missing data)
No daily-bar history available from current data sources. Alternate source pending.
Profile
CompanyUniCredit SpA
TickerUCG.MI
SectorUnclassified
BusinessUnclassified
Industry groupUnclassified
IndustryUnclassified
AI analysis

Business. UniCredit SpA is a financial institution operating in the Banks industry within the Financials sector, generating revenue through banking activities.

Classification. The company is classified under the Banks industry with a low confidence score of 0.20 based on rule-based classification.

UniCredit SpA maintains a capital structure characterized by significant leverage, with total liabilities of €802.5 billion against total assets of €870.2 billion. The debt-to-equity ratio stands at 2.94, reflecting the high leverage typical of banking operations where customer deposits constitute a large portion of liabilities. Long-term debt is recorded at €199.1 billion. Liquidity is assessed as medium risk, with a key flag noting that net cash is negative after subtracting total debt. The company generates operating cash flow of €8.5 billion and free cash flow of €5.8 billion, supported by capital expenditures of -€1.3 billion. Profitability metrics indicate a return on equity of 16.12% and a return on assets of 1.25%. The company reports net income of €10.9 billion on revenue of €14.1 billion, demonstrating a strong net margin profile. The price-to-earnings ratio is 10.9, and the price-to-book ratio is 1.76, suggesting the market values the equity at a premium to book value. The price-to-tangible book ratio is also 1.76. Segment and geographic revenue mix data is not provided in the available input, preventing a detailed analysis of revenue concentration by business line or region. The analysis relies on consolidated financial figures for the latest normalized period. Growth trajectory analysis is limited by the absence of historical period data in the input. The current revenue base is €14.1 billion, but year-over-year trends cannot be calculated from the provided snapshot. Risk assessment highlights medium liquidity risk and low dilution risk. The primary financial flag is the negative net cash position after debt subtraction. The shares outstanding basic and diluted counts are identical at 1.51 billion, indicating no immediate dilutive securities in the current period. Recent investor relations observations show a mean analyst price target of €82.50 and a median target of €84.50, with a high target of €100.00 and a low target of €52.00. The mean recommendation is 2.00, indicating a buy consensus, with 5 strong buys, 10 buys, and 5 holds. The current market price is €78.68, trading below the mean and median analyst targets.
Key takeaways
  • UniCredit SpA reports a return on equity of 16.12% and net income of €10.9 billion on €14.1 billion in revenue.
  • The company trades at a price-to-book ratio of 1.76 and a price-to-earnings ratio of 10.9.
  • Liquidity risk is rated as medium, with a key flag for negative net cash after debt subtraction.
  • Analyst consensus is positive with a mean recommendation of 2.00 and a mean price target of €82.50, above the current price of €78.68.
  • Dilution risk is low, with basic and diluted shares outstanding being identical at 1.51 billion.
Financial snapshot
PeriodLatest reported
CurrencyEUR
Revenue$14.13B
Gross profit
Operating income
Net income$10.91B
R&D
SG&A
D&A
SBC
Operating cash flow$8.53B
CapEx-$1.27B
Free cash flow$5.85B
Total assets$870.24B
Total liabilities$802.53B
Total equity$67.71B
Cash & equivalents
Long-term debt$199.14B
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0$14.13B$10.91B$5.85B
FY-1$14.67B$9.72B$4.26B
FY-2$14.35B$9.51B$7.14B
FY-3$10.62B$6.46B$4.83B
FY-4$9.09B$2.10B$1.58B
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0$870.24B$67.71B
FY-1$784.00B$62.44B
FY-2$784.97B$64.08B
FY-3$857.77B$63.34B
FY-4$917.23B$62.19B
PeriodOCFCapExFCFSBC
FY0$8.53B-$1.27B$5.85B
FY-1-$7.08B-$1.74B$4.26B
FY-2-$41.13B-$1.15B$7.14B
FY-3$10.26B-$1.17B$4.83B
FY-4-$7.52B-$1.24B$1.58B
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0$3.26B
FQ-1
FQ-2$2.68B
FQ-3
FQ-4$2.77B
FQ-5
FQ-6$2.52B
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0$68.42B
FQ-1
FQ-2$880.55B$68.99B
FQ-3
FQ-4$795.93B$65.32B
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price$78.68
Market cap$119.02B
Enterprise value$318.16B
P/E10.9
Reported non-GAAP P/E
EV/Revenue22.5
EV/Op income
EV/OCF37.3
P/B1.8
P/Tangible book1.8
Tangible book$67.71B
Net cash-$199.14B
Current ratio
Debt/Equity2.9
ROA1.2%
ROE16.1%
Cash conversion78.0%
CapEx/Revenue-9.0%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Unclassified · cohort 1 companies
MetricUCGActivity
Op margin20.3% medp25 20.3% · p75 20.3%
Net margin77.3%14.0% medp25 14.0% · p75 14.0%top quartile
Gross margin38.3% medp25 38.3% · p75 38.3%
R&D / revenue11.6% medp25 9.4% · p75 11.6%
CapEx / revenue-9.0%8.2% medp25 8.2% · p75 8.2%bottom quartile
Debt / equity294.0%86.4% medp25 86.4% · p75 86.4%top quartile
Observations
IR observations
Mean price target82.50 EUR
Median price target84.50 EUR
High price target100.00 EUR
Low price target52.00 EUR
Mean recommendation2.00 (1=strong buy, 5=strong sell)
Strong-buy count5.00
Buy count10.00
Hold count5.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate7.35 EUR
Last actual EPS6.96 EUR
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-07-02 05:06 UTC#7da009cb
Market quoteclose EUR 78.68 · shares 1.51B diluted
no public URL
2026-07-02 05:06 UTC#fa6dbdd1
Source: analysis-pipeline (hybrid)Generated: 2026-07-02 05:07 UTCJob: af5d884b