Stock AnalizING Groep NV ING
Commercial Banks · IPO 1997 · data as of November 13, 2026
ING Groep NV (ING) is a financial company listed in the US with a market value of about $96.4B. In the twelve months to September 30, 2026 it had revenue of $26.5B and net income of $7.5B, a net margin of 28.2%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is value (4/5); the weakest is financial health (0/5).
Key numbers: a P/E of 13.0, 5-year revenue growth of 7% a year, a 5-year average ROIC of 31%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 5% above the current price.
Score: 2.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Checks not passed
- P/FCF below 20
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
- Debt below 3 years of free cash flow
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.5B | $30.2B | $21.9B | $20.0B | $32.4B | $22.8B | $21.1B | $19.2B | $21.0B | $22.3B | $18.9B |
| Net income | $7.5B | $9.8B | $5.5B | $4.6B | $12.9B | $6.7B | $2.8B | $4.4B | $5.5B | $6.6B | $5.2B |
| Free cash flow | — | -$7.9B | -$23.8B | -$12.8B | -$12.1B | -$17.1B | $123.9B | $14.3B | $7.6B | -$6.7B | $8.6B |
| EPS (diluted) | $2.56 | $3.37 | $1.91 | $1.58 | $4.46 | $2.32 | $0.95 | $1.51 | $1.88 | $2.26 | $1.81 |
| Net margin | 28.2% | 32.4% | 25.3% | 22.9% | 39.9% | 29.6% | 13.1% | 22.8% | 26.0% | 29.4% | 27.8% |
| ROIC | — | 34.6% | 28.8% | 24.0% | 37.9% | 28.0% | 16.6% | 23.8% | 26.0% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is ING Groep NV’s P/E ratio?
About 13.0, based on the last twelve months of diluted earnings per share (forward P/E about 10.8).
Is ING Groep NV stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 5% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does ING Groep NV pay a dividend?
Yes. The dividend yield is about 3.98%, and it has paid dividends for 10 years in our data.
Is ING Groep NV a good stock to buy?
We do not give buy or sell advice. ING Groep NV scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.