Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
GPW.WAthis companyGielda Papierów Wartosciowych w Warszawie S.A.	PLN 96.50	13.98×	2.41×	4.94×	8.93×	17.2%	70.8%	36.5%	35.3%	17.2%	13.4%	4.7%	0.02×	-0.71×	50.27×	3.66×	4.9%	7	8.01	4	A-
SANBanco Santander, S.A.	$12.33	11.34×	1.5×	1.29×	21.59×	-263.0%	40.0%	15.6%	11.8%	13.7%	1.8%	-14.5%	4.81×	14.52×	0.31×	0.25×	2.2%	4	0.29	2	C+
BBVABanco Bilbao Vizcaya Argentaria, S.A.	$26.07	11.74×	2.07×	3.21×	5.99×	21.5%	83.6%	43.9%	28.5%	18.3%	4.9%	11.1%	1.43×	-0.68×	0×	0.44×	3.5%	5	-0.6	3	B-
INGING Groep N.V.	$33.03	11.24×	1.43×	3.09×	20.5×	-0.4%	94.3%	39.7%	27.5%	12.7%	2.8%	0.0%	3.41×	12.73×	0×	0.13×	4.9%	3	0.17	2	C+
AONAon plc	$336.29	20.6×	8.12×	4.42×	17.06×	8.9%	47.7%	25.3%	21.5%	39.5%	12.2%	4.2%	1.77×	2.87×	5.33×	1.11×	0.8%	6	1.62	3	B
DBDeutsche Bank AG	$36.44	10.39×	0.82×	1.05×	15.16×	84.5%	49.9%	16.0%	11.4%	8.8%	1.2%	0.0%	3.24×	8.56×	0.34×	0.5×	2.0%	3	0.19	3	B
Peer median	—	11.34×	1.5×	3.09×	17.06×	8.9%	49.9%	25.3%	21.5%	13.7%	2.8%	0.0%	3.24×	8.56×	0.31×	0.44×	2.2%	4	0.19	3	—