(NDA-FI) Nordea Bank Abp - HE
Sector: Financial Services | Industry: Banks - Regional | Exchange: HE (Finland) | Market Cap: 56.031m EUR | Total Return: 41.8% in 12m
Avg Turnover: 71.1M
EPS Trend: 19.4%
Qual. Beats: 1
Rev. Trend: 17.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Nordea Bank Abp is a Helsinki-based financial institution providing comprehensive banking and asset management services across the Nordic region, including Sweden, Finland, Norway, and Denmark. The company operates through four primary segments: Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management. Its service delivery model utilizes a multichannel approach, combining digital platforms with physical branch locations to serve retail and institutional clients.
As a systemic regional bank, Nordea follows a universal banking model, which allows it to diversify revenue streams through traditional lending, investment banking, and life insurance products. The Nordic banking sector is characterized by high levels of digital adoption and market consolidation, where a few large entities manage the majority of regional capital flows. Investors can examine detailed peer comparisons and valuation metrics on ValueRay to further their analysis. Founded in 1820, the bank maintains a significant presence in international capital markets while providing specialized asset-based financing and risk management solutions.
- Net interest margin sensitivity to European Central Bank rate path
- Mortgage volume growth and market share in Nordic housing markets
- Cost-to-income ratio improvements through digital transformation and operational efficiency
- Capital returns via consistent share buybacks and high dividend payouts
| Net Income: 4.71b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -5.95 > 1.0 |
| NWC/Revenue: -1.06k% < 20% (prev -921.0%; Δ -142.4% < -1%) |
| CFO/TA -0.01 > 3% & CFO -7.50b > Net Income 4.71b |
| Net Debt (169b) to EBITDA (6.75b): 25.03 < 3 |
| Current Ratio: 0.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (3.44b) vs 12m ago -1.31% < -2% |
| Gross Margin: 52.37% > 18% (prev 48.74%; Δ 3.63% > 0.5%) |
| Asset Turnover: 3.38% > 50% (prev 3.83%; Δ -0.45% > 0%) |
| Interest Coverage Ratio: 0.64 > 6 (EBIT TTM 6.13b / Interest Expense TTM 9.61b) |
| A: -0.35 (Total Current Assets 44.1b - Total Current Liabilities 281b) / Total Assets 679b |
| B: 0.04 (Retained Earnings 27.3b / Total Assets 679b) |
| C: 0.01 (EBIT TTM 6.13b / Avg Total Assets 660b) |
| D: 0.05 (Book Value of Equity 30.1b / Total Liabilities 649b) |
| Altman-Z'' = -2.05 = D |
As of June 20, 2026, the stock is trading at EUR 16.51 with a total of 17,917,425 shares traded.
Over the past week, the price has changed by +4.13%,
over one month by +4.89%,
over three months by +3.41% and
over the past year by +41.76%.
Nordea Bank Abp has no consensus analysts rating.
P/E Trailing = 12.1397
P/E Forward = 12.1507
P/S = 4.8386
P/B = 1.8637
P/EG = 11.0461
Revenue TTM = 22.3b EUR
EBIT TTM = 6.13b EUR
EBITDA TTM = 6.75b EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 212b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 169b EUR (calculated: Debt 212b - CCE 42.9b)
Enterprise Value = 225b EUR (56.0b + Debt 212b - CCE 42.9b)
Interest Coverage Ratio = 0.64 (Ebit TTM 6.13b / Interest Expense TTM 9.61b)
EV/FCF = -28.72x (Enterprise Value 225b / FCF TTM -7.83b)
FCF Yield = -3.48% (FCF TTM -7.83b / Enterprise Value 225b)
FCF Margin = -35.10% (FCF TTM -7.83b / Revenue TTM 22.3b)
Net Margin = 21.08% (Net Income TTM 4.71b / Revenue TTM 22.3b)
Gross Margin = 52.37% ((Revenue TTM 22.3b - Cost of Revenue TTM 10.6b) / Revenue TTM)
Gross Margin QoQ = 55.98% (prev 56.37%)
Tobins Q-Ratio = 0.33 (Enterprise Value 225b / Total Assets 679b)
Interest Expense / Debt = 4.53% (Interest Expense 9.61b / Debt 212b)
Taxrate = 23.52% (1.45b / 6.15b)
NOPAT = 4.69b (EBIT 6.13b * (1 - 23.52%))
Current Ratio = 0.16 (Total Current Assets 44.1b / Total Current Liabilities 281b)
Debt / Equity = 7.04 (Debt 212b / totalStockholderEquity, last quarter 30.1b)
Debt / EBITDA = 25.03 (Net Debt 169b / EBITDA 6.75b)
Debt / FCF = -21.57 (negative FCF - burning cash) (Net Debt 169b / FCF TTM -7.83b)
Total Stockholder Equity = 31.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.71% (Net Income 4.71b / Total Assets 679b)
RoE = 15.13% (Net Income TTM 4.71b / Total Stockholder Equity 31.1b)
RoCE = 1.54% (EBIT 6.13b / Capital Employed (Total Assets 679b - Current Liab 281b))
RoIC = 1.18% (NOPAT 4.69b / Invested Capital 396b)
WACC = 4.22% (E(56.0b)/V(268b) * Re(7.07%) + D(212b)/V(268b) * Rd(4.53%) * (1-Tc(0.24)))
Discount Rate = 7.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -60.0 | Cagr: -1.64%
[DCF] Fair Price = unknown (Cash Flow -7.83b)
EPS Correlation: 19.42 | EPS CAGR: 0.67% | SUE: 1.63 | # QB: 1
Revenue Correlation: 17.51 | Revenue CAGR: 1.67% | SUE: 0.47 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=-7.37% | Revisions=N/A | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.33 | Chg30d=-7.06% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=1.43 | Chg30d=+0.15% | Revisions=+33% | GrowthEPS=+3.0% | GrowthRev=+2.2%
EPS next Year (2027-12-31): EPS=1.56 | Chg30d=+0.76% | Revisions=+67% | GrowthEPS=+8.7% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: +67%