ING Groep N.V. (ADR)

Factors to consider:

• Company pays dividends (semi-annually): last record date 2025-08-11, amount 0.34$ (Y2.58%)
• Total employees count: 51867 as of 2002
• Current price 32.8% above estimated high
• Earnings for 18 months up through Q2 (+1 year) 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 2023-12-31 to 2025-12-30

• 2023-12-31 to 2024-12-30 estimated range: [13.32$, 18.76$]
• 2024-12-30 to 2025-12-30 estimated range: [13.99$, 19.84$]

Financial Metrics affecting the ING estimates:

• Positive: with PPE of 6.8 at the end of fiscal year the price was very low
• Positive: Operating profit margin, % of 59.52 > 18.64
• Positive: Operating cash flow per share per price, % of 24.54 > 13.24
• Positive: Industry operating cash flow per share per price (median), % of 26.32 > 10.33
• Negative: Shareholder equity ratio, % of 5.61 <= 18.93
• Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of 0.42
• Negative: 0 < Inventory ratio change, % of 0.32