(INGA) ING Groep - Ratings and Ratios

Exchange: AS • Country: Netherlands • Currency: EUR • Type: Common Stock • ISIN: NL0011821202

Banking, Lending, Mortgages, Investments, Insurance

INGA EPS (Earnings per Share)

EPS (Earnings per Share) of INGA over the last years for every Quarter: "2020-09": 0.2, "2020-12": 0.19, "2021-03": 0.26, "2021-06": 0.37, "2021-09": 0.35, "2021-12": 0.25, "2022-03": 0.11, "2022-06": 0.32, "2022-09": 0.26, "2022-12": 0.3, "2023-03": 0.44, "2023-06": 0.6, "2023-09": 0.56, "2023-12": 0.45, "2024-03": 0.48, "2024-06": 0.54, "2024-09": 0.59, "2024-12": 0.37, "2025-03": 0.47, "2025-06": 0.56,

INGA Revenue

Revenue of INGA over the last years for every Quarter: 2020-09: 4286, 2020-12: 4169, 2021-03: 4702, 2021-06: 4497, 2021-09: 4648, 2021-12: 4624, 2022-03: 4599, 2022-06: 4799, 2022-09: 4412, 2022-12: 4868, 2023-03: 5567, 2023-06: 5725, 2023-09: 5842, 2023-12: 5409, 2024-03: 5583, 2024-06: 5698, 2024-09: 5910, 2024-12: 5407, 2025-03: 5636, 2025-06: 5704,

Description: INGA ING Groep

ING Groep N.V. (ticker INGA) is a diversified European bank headquartered in Amsterdam, operating across retail and wholesale segments in the Netherlands, Belgium, Germany, the rest of Europe, and globally. Its product suite spans current and savings accounts, time deposits, consumer and SME lending (including residential mortgages), corporate financing, payments, cash-management, trade finance, treasury services, as well as investment, insurance, and digital banking solutions for individuals, corporates, and financial institutions.

Key financial indicators (as of FY 2023) include a cost-to-income ratio of roughly 58 %, a CET1 capital ratio of 15.2 %-well above the EU regulatory minimum-and a net interest margin (NIM) of 1.7 %, reflecting modest pressure from a low-rate environment. The bank’s loan-to-deposit ratio sits near 92 %, indicating a balanced funding profile, while digital channel usage has grown to over 70 % of total transactions, underscoring the sector’s shift toward fintech integration. Macro-driven factors such as ECB policy rate adjustments, European credit-growth trends, and tightening Basel III capital requirements remain pivotal to ING’s earnings outlook.

For a deeper quantitative assessment of ING’s valuation metrics, the ValueRay platform offers a granular data set worth exploring.

INGA Stock Overview

Market Cap in USD 72,005m
Sub-Industry Diversified Banks
IPO / Inception

INGA Stock Ratings

Growth Rating 96.1%
Fundamental 49.0%
Dividend Rating 75.3%
Return 12m vs S&P 500 19.1%
Analyst Rating -

INGA Dividends

Dividend Yield 12m 5.96%
Yield on Cost 5y 27.32%
Annual Growth 5y 41.55%
Payout Consistency 73.5%
Payout Ratio 61.4%

INGA Growth Ratios

Growth Correlation 3m 60.7%
Growth Correlation 12m 95.5%
Growth Correlation 5y 93.3%
CAGR 5y 31.93%
CAGR/Max DD 3y (Calmar Ratio) 1.38
CAGR/Mean DD 3y (Pain Ratio) 6.85
Sharpe Ratio 12m 1.35
Alpha 20.88
Beta 1.280
Volatility 20.55%
Current Volume 9882.8k
Average Volume 20d 6657k
Stop Loss 19.8 (-3.4%)
Signal -0.27

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (6.16b TTM) > 0 and > 6% of Revenue (6% = 1.36b TTM)
FCFTA -0.02 (>2.0%) and ΔFCFTA -0.99pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
error: NWC/Revenue cannot be calculated (needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.02 (>3.0%) and CFO -22.54b <= Net Income 6.16b (YES >=105%, WARN >=100%)
Net Debt (92.02b) to EBITDA (9.61b) ratio: 9.58 <= 3.0 (WARN <= 3.5)
error: Current Ratio cannot be calculated (needs Total Current Assets and Liabilities)
Outstanding Shares last Quarter (2.98b) change vs 12m ago -7.99% (target <= -2.0% for YES)
Gross Margin 100.0% (prev 73.95%; Δ 26.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 2.13% (prev 2.16%; Δ -0.03pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.20 (EBITDA TTM 9.61b / Interest Expense TTM 43.88b) >= 6 (WARN >= 3)

ValueRay F-Score (Strict, 0-100) 49.02

1. Piotroski 3.0pt = -2.0
2. FCF Yield 165.3% = 5.0
3. FCF Margin data missing
4. Debt/Equity data missing
5. Debt/Ebitda 9.58 = -2.50
6. ROIC - WACC (= -7.74)% = -9.68
7. RoE 12.18% = 1.02
8. Rev. Trend 60.92% = 4.57
9. EPS Trend 52.26% = 2.61

What is the price of INGA shares?

As of October 19, 2025, the stock is trading at EUR 20.49 with a total of 9,882,847 shares traded.
Over the past week, the price has changed by -1.80%, over one month by -4.50%, over three months by +6.60% and over the past year by +37.52%.

Is ING Groep a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, ING Groep (AS:INGA) is currently (October 2025) a stock to sell. It has a ValueRay Fundamental Rating of 49.02 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of INGA is around 25.20 EUR . This means that INGA is currently undervalued and has a potential upside of +22.99% (Margin of Safety).

Is INGA a buy, sell or hold?

ING Groep has no consensus analysts rating.

What are the forecasts/targets for the INGA price?

Issuer Target Up/Down from current
Wallstreet Target Price 22.4 9.1%
Analysts Target Price - -
ValueRay Target Price 28.7 39.9%

INGA Fundamental Data Overview

Market Cap USD = 72.00b (61.73b EUR * 1.1665 EUR.USD)
Market Cap EUR = 61.73b (61.73b EUR * 1.0 EUR.EUR)
P/E Trailing = 10.5151
P/E Forward = 9.5694
P/S = 3.1503
P/B = 1.3099
P/EG = 1.5188
Beta = 1.28
Revenue TTM = 22.66b EUR
EBIT TTM = 8.93b EUR
EBITDA TTM = 9.61b EUR
Long Term Debt = 167.58b EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = 92.02b EUR (from netDebt column, last quarter)
Enterprise Value = -13.84b EUR (61.73b + (null Debt) - CCE 75.56b)
Interest Coverage Ratio = 0.20 (Ebit TTM 8.93b / Interest Expense TTM 43.88b)
FCF Yield = 165.3% (FCF TTM -22.88b / Enterprise Value -13.84b)
FCF Margin = -101.0% (FCF TTM -22.88b / Revenue TTM 22.66b)
Net Margin = 27.21% (Net Income TTM 6.16b / Revenue TTM 22.66b)
Gross Margin = 100.0% ((Revenue TTM 22.66b - Cost of Revenue TTM 0.0) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 100.0%)
Tobins Q-Ratio = -0.01 (set to none) (Enterprise Value -13.84b / Total Assets 1086.76b)
Interest Expense / Debt = unknown (Interest Expense 43.88b / Debt none)
Taxrate = 26.72% (633.0m / 2.37b)
NOPAT = 6.55b (EBIT 8.93b * (1 - 26.72%))
Current Ratio = unknown (Total Current Assets 123.94b / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = 9.58 (Net Debt 92.02b / EBITDA 9.61b)
Debt / FCF = -4.02 (negative FCF - burning cash) (Net Debt 92.02b / FCF TTM -22.88b)
Total Stockholder Equity = 50.60b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.57% (Net Income 6.16b / Total Assets 1086.76b)
RoE = 12.18% (Net Income TTM 6.16b / Total Stockholder Equity 50.60b)
RoCE = 4.09% (EBIT 8.93b / Capital Employed (Equity 50.60b + L.T.Debt 167.58b))
RoIC = 2.99% (NOPAT 6.55b / Invested Capital 219.24b)
WACC = 10.73% (E(61.73b)/V(61.73b) * Re(10.73%) + (debt-free company))
Discount Rate = 10.73% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.90%
Fair Price DCF = unknown (Cash Flow -22.88b)
EPS Correlation: 52.26 | EPS CAGR: 32.18% | SUE: 0.84 | # QB: 0
Revenue Correlation: 60.92 | Revenue CAGR: 9.79% | SUE: 0.66 | # QB: 0

Additional Sources for INGA Stock

Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle