Risk factor
Critical default risk
Profitability factor
Very low or no dividends
About
BFF Bank S.p.A., founded in 1985 and based in Milan, Italy, offers specialized financial services with a primary focus on suppliers to the national healthcare system and public administration. Its operations extend across Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain. The bank is organized into three core divisions. The Factoring & Lending segment provides non-recourse factoring, credit management, and various lending facilities for entities supplying the public sector and government bodies. The Securities Services division acts as a custodian bank for a variety of investment funds, delivering global custody, fund accounting, and transfer agent services to national fund managers, banks, and different fund types, including pension, mutual, and alternative investments. Lastly, the Payment Services division handles payment processing, corporate payment solutions, and the management of cheques and bills, serving a client base primarily comprising small to medium-sized Italian banks and larger corporations.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, overvalued
Target Price
The average target price of BFF.MI is 3.5 and suggests 21% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre