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

Factors to consider:

• Company pays dividends (irregularly): last record date 2025-05-20, amount 0.97$ (Y10.54%)
• Price in estimated range
• Earnings for 6 months up through Q2 exceed 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: [4.23$, 9.93$]
• 2025-12-31 to 2026-12-31 estimated range: [2.86$, 7.23$]

Financial Metrics affecting the BMDPF estimates:

• Positive: with PPE of 3.7 at the end of fiscal year the price was very low
• Positive: Operating profit margin, % of 22.33 > 18.64
• Negative: Operating cash flow per share per price, % of -10.79 <= 0.33
• Positive: Industry operating cash flow per share per price (median), % of 10.66 > 10.33
• Negative: Shareholder equity ratio, % of 9.50 <= 18.93
• Positive: Industry operating profit margin (median), % of 19.98 > 9.92
• Positive: Industry inventory ratio change (median), % of 0 <= 0
• Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of 1.57
• Positive: Inventory ratio change, % of 0 <= 0
• Positive: Investing cash flow per share per price, % of 0.53 > -0.66