Capital One Financial stock: fair value
COFThe fair value of Capital One Financial under our model is $271.93, the price is 29% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $209.18 and expensive above $388.48 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $347.10 (excess return model) and $196.76 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 9.5%. At 10.5% the fair value would be $245.94, at 8.5% it would be $309.04.
Where the number comes from
Half from the excess return model, half from earnings times the industry P/E (11.8).
Excess return model for banks and insurers: book value plus the value of returns above the cost of equity of 9.5% (government bond yield 3.8% plus beta 1.27 times a risk premium of 4.5%).
Calculate with your own assumptionsThe calculation step by step
With these figures the excess return model arrives at $347.10 per share: book value plus the value of what the company earns above its cost of equity over time. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Step | Value |
|---|---|
| Book value per share | $179.91 |
| Stable earnings per share (analyst estimates) | $26.60 |
| Return on equity in the model (stable earnings divided by book value) | 14.8% |
| Cost of equity | 9.5% |
| Excess return per share: (return − cost) × book value | $9.49 |
| Terminal value of excess returns: excess return / (9.5% − 3.8%) | $167.19 |
| Value per share (book value plus terminal value) | $347.10 |
| Earnings per share, last twelve months | $16.62 |
| × 11.8 (industry P/E) | $196.76 |
| Fair value (average of both parts) | $271.93 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 6 Nov 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.