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Nordnet AB (publ) Ordinary Shares SAVE

Morningstar Rating
SEK 193.40 +9.20 (4.99%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SAVE is trading at a 1% discount.
Price
SEK 194.43
Fair Value
SEK 228.37
Uncertainty
Very High
1-Star Price
SEK 758.94
5-Star Price
SEK 846.80
Economic Moat
Rpqwxbg
Capital Allocation
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Trading Information

Previous Close Price
SEK 184.20
Day Range
SEK 185.70195.20
52-Week Range
SEK 136.70204.60
Bid/Ask
SEK 193.40 / SEK 193.60
Market Cap
SEK 48.57 Bil
Volume/Avg
320,012 / 361,253

Key Statistics

Price/Earnings (Normalized)
18.33
Price/Sales
9.86
Dividend Yield (Trailing)
2.43%
Dividend Yield (Forward)
3.80%
Total Yield
3.41%

Company Profile

Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.
Sector
Financial Services
Industry
Capital Markets
Stock Style Box
Mid Growth
Total Number of Employees
735

Comparables

Valuation

Metric
SAVE
VEFAB
TFBANK
Price/Earnings (Normalized)
18.334.3110.62
Price/Book Value
6.590.482.16
Price/Sales
9.8613.732.10
Price/Cash Flow
14.227.44
Price/Earnings
SAVE
VEFAB
TFBANK

Financial Strength

Metric
SAVE
VEFAB
TFBANK
Quick Ratio
17.29
Current Ratio
17.57
Interest Coverage
5.76
Quick Ratio
SAVE
VEFAB
TFBANK

Profitability

Metric
SAVE
VEFAB
TFBANK
Return on Assets (Normalized)
1.18%−2.77%1.92%
Return on Equity (Normalized)
44.32%−3.05%23.16%
Return on Invested Capital (Normalized)
−1.19%
Return on Assets
SAVE
VEFAB
TFBANK
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