Financials Spar Nord Bank A/S

Equities

SPNO

DK0060036564

Banks

Market Closed - Nasdaq Copenhagen 11:20:00 2024-06-17 am EDT 5-day change 1st Jan Change
127.6 DKK +3.57% Intraday chart for Spar Nord Bank A/S +2.90% +19.70%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,953 7,351 10,275 12,847 12,546 14,835 - -
Enterprise Value (EV) 1 7,953 7,351 10,275 12,847 12,546 14,835 14,835 14,835
P/E ratio 7.89 x 10.7 x 7.89 x 9.5 x 5.36 x 6.98 x 8.19 x 8.26 x
Yield 5.41% 2.51% 5.98% 4.23% 9.38% 6.97% 6.19% 6.03%
Capitalization / Revenue 2.38 x 2.21 x 2.69 x 3.1 x 2.22 x 2.64 x 2.81 x 2.81 x
EV / Revenue 2.38 x 2.21 x 2.69 x 3.1 x 2.22 x 2.64 x 2.81 x 2.81 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.89 x 0.77 x 0.96 x - 0.98 x 1.1 x 1.05 x 1 x
Nbr of stocks (in thousands) 122,916 122,927 122,911 120,742 117,689 116,262 - -
Reference price 2 64.70 59.80 83.60 106.4 106.6 127.6 127.6 127.6
Announcement Date 2/6/20 2/11/21 2/10/22 2/9/23 2/7/24 - - -
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,338 3,326 3,818 4,145 5,658 5,618 5,287 5,284
EBITDA - - - - - - - -
EBIT 1 1,324 1,227 1,581 1,808 3,108 2,885 2,489 2,406
Operating Margin 39.66% 36.89% 41.41% 43.62% 54.93% 51.35% 47.08% 45.53%
Earnings before Tax (EBT) 1 1,302 918 1,701 1,730 3,141 2,867 2,324 2,194
Net income 1 1,059 737 1,368 1,370 2,374 2,115 1,730 1,632
Net margin 31.73% 22.16% 35.83% 33.05% 41.96% 37.65% 32.72% 30.89%
EPS 2 8.200 5.600 10.60 11.20 19.90 18.27 15.58 15.44
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 3.500 1.500 5.000 4.500 10.00 8.900 7.900 7.700
Announcement Date 2/6/20 2/11/21 2/10/22 2/9/23 2/7/24 - - -
1DKK in Million2DKK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 977 915 868 1,021 1,342 1,357 1,414 1,486 1,400 1,531 1,408 1,353 1,326
EBITDA - - - - - - - - - - - - -
EBIT 1 407 322 284 470 732 729 790 879 709 845 727 713 601
Operating Margin 41.66% 35.19% 32.72% 46.03% 54.55% 53.72% 55.87% 59.15% 50.64% 55.19% 51.63% 52.7% 45.32%
Earnings before Tax (EBT) 1 412 329 279 447 675 727 795 904 714 877 727 693 570
Net income 1 334 276 231 350 536 557 621 693 550 670 534 508 416
Net margin 34.19% 30.16% 26.61% 34.28% 39.94% 41.05% 43.92% 46.64% 39.29% 43.76% 37.93% 37.55% 31.37%
EPS 2 2.600 2.200 1.700 2.900 4.400 4.500 5.100 5.700 4.500 5.600 4.540 4.320 3.530
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/10/22 5/5/22 8/18/22 11/3/22 2/9/23 5/3/23 8/17/23 11/1/23 2/7/24 5/2/24 - - -
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 11.7% 7.4% 12.9% 12.5% 19.7% 16.2% 13.1% 12.4%
ROA (Net income/ Total Assets) 1.1% 0.7% 1.2% - 1.8% - - -
Assets 1 96,273 105,286 114,000 - 131,889 - - -
Book Value Per Share 2 72.40 78.10 87.00 - 109.0 117.0 122.0 128.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/6/20 2/11/21 2/10/22 2/9/23 2/7/24 - - -
1DKK in Million2DKK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
127.6 DKK
Average target price
130 DKK
Spread / Average Target
+1.88%
Consensus
  1. Stock Market
  2. Equities
  3. SPNO Stock
  4. Financials Spar Nord Bank A/S