Banca Monte dei Paschi di Siena S.p.A.

Factors to consider:

• Company pays dividends (irregularly): last record date 2026-05-19, amount 1.00$ (Y7.55%)
• Earnings for 18 months up through Q2 (+1 year) are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [5.53$, 7.44$]
• 2025-12-31 to 2026-12-31 estimated range: [6.23$, 8.24$]

Financial Metrics affecting the BMDPF estimates:

• Positive: with PPE of 3.7 at the end of fiscal year the price was low
• Negative: Operating cash flow per share per price, % of -10.79 <= 0.30
• Positive: Operating profit margin, % of 22.33 > 18.65
• Positive: Investing cash flow per share per price, % of 0.53 > -0.65
• Positive: Industry operating profit margin (median), % of 23.76 > 9.99
• Positive: -3.09 < Return on assets ratio (scaled to [-100,100]) of 1.57
• Negative: -0.76 < Inventory ratio change, % of 0
• Positive: Industry earnings per price (median), % of 6.35 > 4.29
• Negative: -0.15 < Industry inventory ratio change (median), % of 0