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Banca Mediolanum S.p.A. BMED.MI

IT · Borsa Italiana · XMIL · stock · Financial Services · website

Banca Mediolanum S.p.A. statistics & valuation

Market cap€17.9B
P / E14.5×
P / S7.3×
P / B4.0×
P / FCF51.7×
Net margin50.7%
FCF margin14.2%
Net cash€417.9M
Enterprise value USD$20.2B
Graham number -37.5%€15.13

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€15.13); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
35.90% 42.80% 46.30% 50.70% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
17.20% 23.80% 27.80% 27.50% 2022202320242025
Shares outstanding
739.3M 739.3M 739.3M 739.3M 2022202320242025
Net debt (€)
-€2.38B €1.2M -€885.8M -€417.9M 2022202320242025
Share buybacks (€)
2022202320242025
Return on assets (%)
0.70% 1.10% 1.30% 1.40% 2022202320242025
Free cash flow margin (%)
158.70% -94.20% 45.30% 14.20% 2022202320242025
Debt / equity (×)
0.13× 0.11× 0.10× 0.09× 2022202320242025
EPS (€)
€0.68 €1.11 €1.52 €1.67 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Banca Mediolanum S.p.A. trades at about 14.5× earnings — above its 10-year norm (10-year range 8.6×–12.9×, median 11.8×).

8.6× 14.5×

Shaded band = 10-year range (8.6×–12.9×); dot = today's 14.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin50.7%46.3%42.8%35.9%
FCF margin14.2%45.3%-94.2%158.7%
Return on assets1.4%1.3%1.1%0.7%
Return on equity27.5%27.8%23.8%17.2%

Computed from company filings · IT · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.