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Nordea Bank Abp ADR NRDBY

Morningstar Rating
$11.56 +0.09 (0.78%)
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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

NRDBY is trading at a 827% premium.
Price
$11.53
Fair Value
$29.69
Uncertainty
High
1-Star Price
$25.49
5-Star Price
$1.37
Economic Moat
Ssx
Capital Allocation
Nwkhfms
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Trading Information

Previous Close Price
$11.47
Day Range
$11.5311.59
52-Week Range
$10.4212.90
Bid/Ask
$11.44 / $11.65
Market Cap
$40.45 Bil
Volume/Avg
85,974 / 119,634

Key Statistics

Price/Earnings (Normalized)
6.21
Price/Sales
3.15
Dividend Yield (Trailing)
8.59%
Dividend Yield (Forward)
8.59%
Total Yield
10.76%

Company Profile

Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group’s income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Large Value
Total Number of Employees
29,680

Competitors

Valuation

Metric
NRDBY
DANSKE
SHB A
Price/Earnings (Normalized)
6.218.327.56
Price/Book Value
1.271.001.08
Price/Sales
3.153.183.37
Price/Cash Flow
4.138.677.87
Price/Earnings
NRDBY
DANSKE
SHB A

Financial Strength

Metric
NRDBY
DANSKE
SHB A
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
NRDBY
DANSKE
SHB A
Return on Assets (Normalized)
0.87%0.60%0.75%
Return on Equity (Normalized)
17.99%13.16%13.90%
Return on Invested Capital (Normalized)
Return on Assets
NRDBY
DANSKE
SHB A
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