- Sberbank of Russia is the biggest commercial bank in Russia that continues to innovate and develop in the direction of FinTech and e-commerce.
- Although the latest financial results were mixed, it is clear that the company has figured out how to cope with the pandemic and showed growth in the 3rd quarter 2020.
- The outputs of the rules-based academic approach to bank valuation give an upside potential of 23.34%, whereas a common sense approach leans to the side of overvaluation.
- Comparative analysis did not give a clear answer whether the stock is undervalued or overvalued.
- The company definitely has a future, but buying it now can only be done by turning a blind eye to investment ethics.
For further details see:
Buy Sberbank If You Believe In Russian Economy