ING Group, N.V. (ING) vs Banco Santander, S.A. (SAN)

ING Group, N.V. and Banco Santander, S.A. are both Banks Diversified companies. Banco Santander, S.A. is the larger, with a market value of $195.8B against $93.6B — 2.1× the size. Banco Santander, S.A. trades at the lower P/E: 10.7× against 14.2×. Banco Santander, S.A. grew revenue faster over the last twelve months: 76.4% against −40.1%. ING Group, N.V. has the higher net margin (81.9% vs 14.0%) and the lower return on invested capital (0.00% vs 13.5%). Both pay a dividend; ING Group, N.V. yields more (4.54% vs 3.17%). Across the 18 metrics below, ING Group, N.V. leads on 9 and Banco Santander, S.A. on 9.

Valuation

Metric ING SAN Banks Diversified median
P/E 14.16 10.73 11.97
P/S 10.95 1.38 2.60
P/B 1.53 1.39 1.59
Price to free cash flow 2.91 n/m 4.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.06% 9.32% 8.36%
Free cash flow yield 34.34% (23.70%) 7.80%

Profitability

Metric ING SAN Banks Diversified median
Gross margin 100.00% 50.17% 67.14%
Operating margin 0.00% 0.00% 0.00%
Net margin 81.92% 14.00% 18.44%
Free cash flow margin 0.00% (32.77%) 0.00%
Return on equity 0.00% 14.66% 10.89%
Return on assets 0.00% 0.87% 0.76%
Return on invested capital 0.00% 13.45% 0.00%

Growth

Metric ING SAN Banks Diversified median
Revenue growth (TTM) (40.08%) 76.39% 5.49%
EPS growth (last fiscal year) 12.15% 972.92% 18.19%
Revenue growth, 5-year CAGR 18.35% 15.04% 14.34%
Net income growth, 5-year CAGR 29.66% 0.00% 10.77%

Health

Metric ING SAN Banks Diversified median
Debt to equity 2.99 3.89 1.43
Current ratio 1.10 0.24 0.87
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ING SAN Banks Diversified median
Dividend yield 4.54% 3.17% 2.29%
Payout ratio 0.64 0.34 0.27

Size

Metric ING SAN Banks Diversified median
Market cap 93.58b 195.78b 201.23b

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