(SHB-B) Svenska Handelsbanken (publ) - Ratings and Ratios
Banking, Savings, Loans, Investments, Cards, Financing
SHB-B EPS (Earnings per Share)
SHB-B Revenue
Description: SHB-B Svenska Handelsbanken (publ)
Svenska Handelsbanken AB (publ) is a diversified banking institution operating primarily in Sweden, the UK, Norway, the Netherlands, and internationally, offering a broad range of banking products and services to both private and corporate customers. The banks extensive service portfolio includes savings and transaction accounts, mortgage and personal loans, mutual funds, pension products, credit and debit cards, and various financing options for investments and assets.
The banks corporate banking division provides a comprehensive suite of financial services, including asset management, transactional banking, corporate finance, and trade finance, catering to the needs of large corporations and small to medium-sized enterprises. Additionally, Handelsbanken offers private banking services and a range of banking solutions tailored for specific industries such as forestry and agriculture.
From a financial perspective, Svenska Handelsbanken AB (publ) exhibits a stable performance profile. Key performance indicators (KPIs) such as Return on Equity (RoE) of 13.76% indicate a satisfactory level of profitability. The banks Price-to-Earnings (P/E) ratio of 14.51 and forward P/E of 15.65 suggest a relatively stable valuation. With a market capitalization of 255,387.57M SEK, Handelsbanken is a significant player in the Nordic banking sector.
Further analysis of the banks financial health reveals that its diversified business model and geographic presence contribute to its resilience. The banks ability to maintain a strong capital position and manage risk effectively are crucial factors in its long-term success. Key metrics to monitor include the banks capital adequacy ratio, non-performing loan ratio, and cost-to-income ratio, which provide insights into its financial stability and operational efficiency.
SHB-B Stock Overview
| Market Cap in USD | 26,087m |
| Sub-Industry | Diversified Banks |
| IPO / Inception |
SHB-B Stock Ratings
| Growth Rating | 96.7% |
| Fundamental | 56.6% |
| Dividend Rating | 93.1% |
| Return 12m vs S&P 500 | 42.1% |
| Analyst Rating | - |
SHB-B Dividends
| Dividend Yield 12m | 8.21% |
| Yield on Cost 5y | 22.53% |
| Annual Growth 5y | 18.77% |
| Payout Consistency | 92.6% |
| Payout Ratio | 114.9% |
SHB-B Growth Ratios
| Growth Correlation 3m | 19.6% |
| Growth Correlation 12m | 94.3% |
| Growth Correlation 5y | 97% |
| CAGR 5y | 24.97% |
| CAGR/Max DD 5y | 0.93 |
| Sharpe Ratio 12m | 1.59 |
| Alpha | 56.43 |
| Beta | 0.551 |
| Volatility | 26.12% |
| Current Volume | 79.6k |
| Average Volume 20d | 84.3k |
| Stop Loss | 196.3 (-3%) |
| Signal | 0.43 |
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income (25.86b TTM) > 0 and > 6% of Revenue (6% = 4.95b TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA -1.21pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -1085 % (prev -175.8%; Δ -909.5pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.02 (>3.0%) and CFO 73.85b > Net Income 25.86b (YES >=105%, WARN >=100%) |
| Net Debt (939.54b) to EBITDA (18.27b) ratio: 51.43 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.41 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.98b) change vs 12m ago -0.00% (target <= -2.0% for YES) |
| Gross Margin -28.50% (prev 83.99%; Δ -112.5pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 2.24% (prev 2.56%; Δ -0.33pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.15 (EBITDA TTM 18.27b / Interest Expense TTM 106.10b) >= 6 (WARN >= 3) |
Altman Z'' -1.38
| (A) -0.24 = (Total Current Assets 634.98b - Total Current Liabilities 1531.12b) / Total Assets 3660.77b |
| (B) 0.04 = Retained Earnings (Balance) 161.64b / Total Assets 3660.77b |
| (C) 0.00 = EBIT TTM 16.22b / Avg Total Assets 3694.16b |
| (D) 0.05 = Book Value of Equity 179.79b / Total Liabilities 3472.22b |
| Total Rating: -1.38 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 56.62
| 1. Piotroski 2.50pt = -2.50 |
| 2. FCF Yield 3.46% = 1.73 |
| 3. FCF Margin 87.79% = 7.50 |
| 4. Debt/Equity 13.15 = -2.50 |
| 5. Debt/Ebitda 135.8 = -2.50 |
| 6. ROIC - WACC -0.66% = -0.83 |
| 7. RoE 13.20% = 1.10 |
| 8. Rev. Trend 48.77% = 2.44 |
| 9. Rev. CAGR 45.36% = 2.50 |
| 10. EPS Trend -5.10% = -0.13 |
| 11. EPS CAGR -1.51% = -0.19 |
What is the price of SHB-B shares?
Over the past week, the price has changed by -2.50%, over one month by +5.42%, over three months by +0.90% and over the past year by +66.16%.
Is Svenska Handelsbanken (publ) a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SHB-B is around 269.24 SEK . This means that SHB-B is currently undervalued and has a potential upside of +33.02% (Margin of Safety).
Is SHB-B a buy, sell or hold?
What are the forecasts/targets for the SHB-B price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 110 | -45.7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 284.1 | 40.3% |
SHB-B Fundamental Data Overview
Market Cap SEK = 248.44b (248.44b SEK * 1.0 SEK.SEK)
CCE Cash And Equivalents = 631.77b SEK (Cash And Short Term Investments, last quarter)
P/E Trailing = 15.6212
P/E Forward = 16.0772
P/S = 4.097
P/B = 2.1486
P/EG = 53.5742
Beta = 0.561
Revenue TTM = 82.57b SEK
EBIT TTM = 16.22b SEK
EBITDA TTM = 18.27b SEK
Long Term Debt = 1571.31b SEK (from longTermDebt, last quarter)
Short Term Debt = 908.82b SEK (from shortTermDebt, last quarter)
Debt = 2480.12b SEK (Calculated: Short Term 908.82b + Long Term 1571.31b)
Net Debt = 939.54b SEK (from netDebt column, last quarter)
Enterprise Value = 2096.80b SEK (248.44b + Debt 2480.12b - CCE 631.77b)
Interest Coverage Ratio = 0.15 (Ebit TTM 16.22b / Interest Expense TTM 106.10b)
FCF Yield = 3.46% (FCF TTM 72.49b / Enterprise Value 2096.80b)
FCF Margin = 87.79% (FCF TTM 72.49b / Revenue TTM 82.57b)
Net Margin = 31.32% (Net Income TTM 25.86b / Revenue TTM 82.57b)
Gross Margin = -28.50% ((Revenue TTM 82.57b - Cost of Revenue TTM 106.10b) / Revenue TTM)
Tobins Q-Ratio = 11.66 (Enterprise Value 2096.80b / Book Value Of Equity 179.79b)
Interest Expense / Debt = 0.90% (Interest Expense 22.33b / Debt 2480.12b)
Taxrate = 22.26% (from yearly Income Tax Expense: 7.79b / 35.02b)
NOPAT = 12.61b (EBIT 16.22b * (1 - 22.26%))
Current Ratio = 0.41 (Total Current Assets 634.98b / Total Current Liabilities 1531.12b)
Debt / Equity = 13.15 (Debt 2480.12b / last Quarter total Stockholder Equity 188.55b)
Debt / EBITDA = 135.8 (Net Debt 939.54b / EBITDA 18.27b)
Debt / FCF = 34.21 (Debt 2480.12b / FCF TTM 72.49b)
Total Stockholder Equity = 195.89b (last 4 quarters mean)
RoA = 0.71% (Net Income 25.86b, Total Assets 3660.77b )
RoE = 13.20% (Net Income TTM 25.86b / Total Stockholder Equity 195.89b)
RoCE = 0.92% (Ebit 16.22b / (Equity 195.89b + L.T.Debt 1571.31b))
RoIC = 0.71% (NOPAT 12.61b / Invested Capital 1785.04b)
WACC = 1.37% (E(248.44b)/V(2728.57b) * Re(8.05%)) + (D(2480.12b)/V(2728.57b) * Rd(0.90%) * (1-Tc(0.22)))
Shares Correlation 5-Years: -11.20 | Cagr: -0.00%
Discount Rate = 8.05% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 70.46% ; FCFE base≈91.03b ; Y1≈59.76b ; Y5≈27.33b
Fair Price DCF = 15.2k (DCF Value 537.19b / Shares Outstanding 35.3m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 48.77 | Revenue CAGR: 45.36%
Rev Growth-of-Growth: -26.18
EPS Correlation: -5.10 | EPS CAGR: -1.51%
EPS Growth-of-Growth: -24.10