Financials SpareBank 1 Sørøst-Norge

Equities

SBVG

NO0006000207

Banks

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
67.14 NOK +0.51% Intraday chart for SpareBank 1 Sørøst-Norge +2.72% +4.91%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,499 2,606 7,750 7,703 8,964 9,398 - -
Enterprise Value (EV) 1 2,499 2,606 7,750 7,703 8,964 9,398 9,398 9,398
P/E ratio 8.55 x 9.52 x 12.2 x 12.9 x 11.7 x 10.6 x 11.4 x 11.1 x
Yield 7.45% 4.6% 3.82% 4.73% 6.06% 6.85% 6.45% 6.64%
Capitalization / Revenue 1.99 x 2.07 x 3.88 x 2.94 x 3 x 2.87 x 2.97 x 2.89 x
EV / Revenue 1.99 x 2.07 x 3.88 x 2.94 x 3 x 2.87 x 2.97 x 2.89 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.9 x 0.91 x 1.33 x 1.03 x 1.16 x 1.18 x 1.14 x 1.11 x
Nbr of stocks (in thousands) 63,101 63,101 118,501 140,055 140,055 139,971 - -
Reference price 2 39.60 41.30 65.40 55.00 64.00 67.14 67.14 67.14
Announcement Date 2/7/20 2/11/21 2/11/22 2/9/23 2/7/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,255 1,260 1,995 2,623 2,987 3,277 3,165 3,252
EBITDA - - - - - - - -
EBIT 1 667.1 660.7 1,109 1,351 1,654 1,879 1,722 1,762
Operating Margin 53.14% 52.45% 55.59% 51.51% 55.37% 57.34% 54.41% 54.19%
Earnings before Tax (EBT) 1 664.8 630 1,030 1,311 1,711 1,870 1,751 1,659
Net income 1 537.9 503.4 865 1,038 1,309 1,458 1,360 1,391
Net margin 42.85% 39.96% 43.36% 39.57% 43.82% 44.49% 42.99% 42.78%
EPS 2 4.630 4.340 5.370 4.270 5.470 6.316 5.894 6.025
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.950 1.900 2.500 2.600 3.880 4.598 4.332 4.455
Announcement Date 2/7/20 2/11/21 2/11/22 2/9/23 2/7/24 - - -
1NOK in Million2NOK
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 2025 Q1 2025 Q2
Net sales 1 561 510 648 645 820 727 748 737 740 838 816 809 814 786 829
EBITDA - - - - - - - - - - - - - - -
EBIT 1 276 204 349 346 452 413 472 416 353 503 484 469 423 437 483
Operating Margin 49.2% 40% 53.86% 53.64% 55.12% 56.81% 63.1% 56.45% 47.7% 60.02% 59.31% 57.97% 51.97% 55.6% 58.26%
Earnings before Tax (EBT) 1 274 215 334 339 422 413 506 397 395 478 450 435 388 410 458
Net income 1 224 170 269 258 342 320 387 303 301 388 345 333 297 314 352
Net margin 39.93% 33.33% 41.51% 40% 41.71% 44.02% 51.74% 41.11% 40.68% 46.3% 42.28% 41.16% 36.49% 39.95% 42.46%
EPS 2 1.130 0.8400 1.150 1.020 1.460 1.360 3.010 1.280 1.270 1.650 1.500 1.440 1.280 1.360 1.520
Dividend per Share 2 2.500 - - - 2.600 - 1.500 - 2.380 - - - 4.700 - -
Announcement Date 2/11/22 5/11/22 8/10/22 10/28/22 2/9/23 5/11/23 8/9/23 10/26/23 2/7/24 4/25/24 - - - - -
1NOK in Million2NOK
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) 10.7% 9.9% 11.4% 9.6% 10.4% 10.9% 10.2% 10.1%
ROA (Net income/ Total Assets) 1.43% 1.27% 1.5% 1.26% 1.46% 1.5% 1.4% 1.4%
Assets 1 37,702 39,638 57,682 82,231 89,774 97,202 97,166 99,375
Book Value Per Share 2 43.80 45.60 49.30 53.40 55.00 57.00 58.70 60.30
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/7/20 2/11/21 2/11/22 2/9/23 2/7/24 - - -
1NOK in Million2NOK
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
67.14 NOK
Average target price
68 NOK
Spread / Average Target
+1.28%
Consensus
  1. Stock Market
  2. Equities
  3. SBVG Stock
  4. Financials SpareBank 1 Sørøst-Norge