(SAVE) Nordnet - Ratings and Ratios
Stocks, Mutual Funds, Securities, Mortgages, Pension Plans
SAVE EPS (Earnings per Share)
SAVE Revenue
Description: SAVE Nordnet
Nordnet AB is a digital banking and investment platform operating in Sweden, Norway, Denmark, and Finland, offering a range of financial services including stock trading, mutual funds, margin lending, residential mortgages, and pension savings solutions. The companys platform is accessible through its website, mobile app, and other applications, providing customers with a user-friendly interface to manage their investments.
The companys business model caters to private savers, companies providing occupational pensions, and businesses saving through Nordnet. Additionally, Nordnets Shareville feature allows customers to share their investments in real-time, creating a social investment network. With a presence in multiple Nordic countries, Nordnet has established itself as a key player in the regions digital banking and investment landscape.
To further analyze Nordnets performance, we can examine key performance indicators (KPIs) such as revenue growth, customer acquisition, and assets under management (AUM). Nordnets revenue is primarily driven by transaction fees, interest income from margin lending, and fees from pension savings solutions. The companys ability to attract and retain customers is crucial to its growth, and metrics such as customer count, trading activity, and net inflow of funds can provide valuable insights into its performance.
From a valuation perspective, Nordnets price-to-earnings (P/E) ratio of 23.59 suggests that the company is trading at a premium to its earnings. However, its return on equity (RoE) of 37.17% indicates that Nordnet is generating strong returns on shareholder capital. To gain a deeper understanding of the companys valuation, we can compare its P/E ratio to that of its peers and examine its historical valuation multiples.
Overall, Nordnets strong brand presence, user-friendly platform, and diversified revenue streams position it for continued growth in the Nordic digital banking and investment market. By monitoring key metrics such as customer acquisition, trading activity, and AUM, investors can gain a better understanding of the companys performance and make more informed investment decisions.
SAVE Stock Overview
| Market Cap in USD | 7,459m |
| Sub-Industry | Investment Banking & Brokerage |
| IPO / Inception |
SAVE Stock Ratings
| Growth Rating | 87.8% |
| Fundamental | 74.8% |
| Dividend Rating | 75.3% |
| Return 12m vs S&P 500 | -0.44% |
| Analyst Rating | - |
SAVE Dividends
| Dividend Yield 12m | 3.14% |
| Yield on Cost 5y | 8.97% |
| Annual Growth 5y | 21.72% |
| Payout Consistency | 95.7% |
| Payout Ratio | 72.1% |
SAVE Growth Ratios
| Growth Correlation 3m | 56.2% |
| Growth Correlation 12m | 83.4% |
| Growth Correlation 5y | 84.9% |
| CAGR 5y | 33.90% |
| CAGR/Max DD 3y | 1.35 |
| CAGR/Mean DD 3y | 5.53 |
| Sharpe Ratio 12m | -0.14 |
| Alpha | 0.00 |
| Beta | 0.944 |
| Volatility | 29.51% |
| Current Volume | 148k |
| Average Volume 20d | 148k |
| Stop Loss | 263.8 (-3%) |
| Signal | -0.56 |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (2.86b TTM) > 0 and > 6% of Revenue (6% = 349.7m TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA 1.77pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -1191 % (prev 54.98%; Δ -1246 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 17.03b > Net Income 2.86b (YES >=105%, WARN >=100%) |
| Net Debt (-1.81b) to EBITDA (2.07b) ratio: -0.87 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.04 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (250.1m) change vs 12m ago -0.48% (target <= -2.0% for YES) |
| Gross Margin 90.80% (prev 83.92%; Δ 6.87pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 2.21% (prev 2.00%; Δ 0.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.59 (EBITDA TTM 2.07b / Interest Expense TTM 686.5m) >= 6 (WARN >= 3) |
Altman Z'' -1.57
| (A) -0.24 = (Total Current Assets 2.56b - Total Current Liabilities 71.98b) / Total Assets 283.51b |
| (B) -0.00 = Retained Earnings (Balance) -503.0m / Total Assets 283.51b |
| (C) 0.01 = EBIT TTM 1.78b / Avg Total Assets 264.01b |
| (D) -0.00 = Book Value of Equity -502.0m / Total Liabilities 276.18b |
| Total Rating: -1.57 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 74.83
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 4.87% = 2.44 |
| 3. FCF Margin data missing |
| 4. Debt/Equity 37.68 = -2.50 |
| 5. Debt/Ebitda 133.2 = -2.50 |
| 6. ROIC - WACC (= 24.14)% = 12.50 |
| 7. RoE 36.47% = 2.50 |
| 8. Rev. Trend 90.04% = 6.75 |
| 9. EPS Trend 82.74% = 4.14 |
What is the price of SAVE shares?
Over the past week, the price has changed by -2.02%, over one month by -1.45%, over three months by +10.66% and over the past year by +18.00%.
Is Nordnet a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SAVE is around 329.44 SEK . This means that SAVE is currently undervalued and has a potential upside of +21.12% (Margin of Safety).
Is SAVE a buy, sell or hold?
What are the forecasts/targets for the SAVE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 267.2 | -1.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 347.6 | 27.8% |
SAVE Fundamental Data Overview
Market Cap SEK = 69.45b (69.45b SEK * 1.0 SEK.SEK)
CCE Cash And Equivalents = 1.81b SEK (Cash And Short Term Investments, last quarter)
P/E Trailing = 24.1496
P/E Forward = 22.1239
P/S = 11.5267
P/B = 9.3464
Beta = 0.816
Revenue TTM = 5.83b SEK
EBIT TTM = 1.78b SEK
EBITDA TTM = 2.07b SEK
Long Term Debt = 204.20b SEK (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 71.98b SEK (from totalCurrentLiabilities, last quarter)
Debt = 276.18b SEK (Calculated: Short Term 71.98b + Long Term 204.20b)
Net Debt = -1.81b SEK (from netDebt column, last quarter)
Enterprise Value = 343.82b SEK (69.45b + Debt 276.18b - CCE 1.81b)
Interest Coverage Ratio = 2.59 (Ebit TTM 1.78b / Interest Expense TTM 686.5m)
FCF Yield = 4.87% (FCF TTM 16.76b / Enterprise Value 343.82b)
FCF Margin = 287.6% (FCF TTM 16.76b / Revenue TTM 5.83b)
Net Margin = 49.09% (Net Income TTM 2.86b / Revenue TTM 5.83b)
Gross Margin = 90.80% ((Revenue TTM 5.83b - Cost of Revenue TTM 536.3m) / Revenue TTM)
Tobins Q-Ratio = -684.9 (set to none) (Enterprise Value 343.82b / Book Value Of Equity -502.0m)
Interest Expense / Debt = 0.04% (Interest Expense 122.0m / Debt 276.18b)
Taxrate = 19.21% (668.8m / 3.48b)
NOPAT = 1.44b (EBIT 1.78b * (1 - 19.21%))
Current Ratio = 0.04 (Total Current Assets 2.56b / Total Current Liabilities 71.98b)
Debt / Equity = 37.68 (Debt 276.18b / last Quarter total Stockholder Equity 7.33b)
Debt / EBITDA = 133.2 (Net Debt -1.81b / EBITDA 2.07b)
Debt / FCF = 16.48 (Debt 276.18b / FCF TTM 16.76b)
Total Stockholder Equity = 7.84b (last 4 quarters mean)
RoA = 1.01% (Net Income 2.86b, Total Assets 283.51b )
RoE = 36.47% (Net Income TTM 2.86b / Total Stockholder Equity 7.84b)
RoCE = 0.84% (Ebit 1.78b / (Equity 7.84b + L.T.Debt 204.20b))
RoIC = 26.08% (NOPAT 1.44b / Invested Capital 5.52b)
WACC = 1.94% (E(69.45b)/V(345.63b) * Re(9.49%)) + (D(276.18b)/V(345.63b) * Rd(0.04%) * (1-Tc(0.19)))
Shares Correlation 3-Years: 9.09 | Cagr: 0.00%
Discount Rate = 9.49% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 64.20% ; FCFE base≈14.11b ; Y1≈9.26b ; Y5≈4.24b
Fair Price DCF = 266.0 (DCF Value 66.54b / Shares Outstanding 250.2m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 82.74 | EPS CAGR: 24.05% | SUE: 0.0 | # QB: 0
Revenue Correlation: 90.04 | Revenue CAGR: 22.66% | SUE: N/A | # QB: None