Financials Sparebanken Vest

Equities

SVEG

NO0006000900

Banks

Market Closed - Oslo Bors 10:45:00 2024-05-31 am EDT 5-day change 1st Jan Change
130.9 NOK +0.72% Intraday chart for Sparebanken Vest +1.50% +19.69%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,816 7,770 10,743 9,900 11,992 14,362 - -
Enterprise Value (EV) 1 3,816 7,770 10,743 9,900 11,992 14,362 14,362 14,362
P/E ratio 8.5 x 9.85 x 10.9 x 8.98 x 8.57 x 8.74 x 8.95 x 9.1 x
Yield 4.42% 5.52% 4.49% 5.95% 6.86% 6.59% 6.76% 6.75%
Capitalization / Revenue 0.92 x 1.92 x 2.35 x 1.89 x 1.91 x 1.99 x 2.02 x 2.04 x
EV / Revenue 0.92 x 1.92 x 2.35 x 1.89 x 1.91 x 1.99 x 2.02 x 2.04 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.08 x 1.14 x 1.46 x 1.22 x 1.36 x 1.5 x 1.38 x 1.33 x
Nbr of stocks (in thousands) 60,188 107,319 107,220 107,138 109,613 109,686 - -
Reference price 2 63.40 72.40 100.2 92.40 109.4 130.9 130.9 130.9
Announcement Date 1/30/20 2/10/21 2/2/22 2/2/23 2/1/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,169 4,046 4,563 5,244 6,285 7,208 7,108 7,053
EBITDA - - - - - - - -
EBIT 1 2,646 2,598 3,024 3,556 4,513 5,316 5,250 5,192
Operating Margin 63.47% 64.21% 66.27% 67.81% 71.81% 73.74% 73.87% 73.62%
Earnings before Tax (EBT) 1 2,594 2,392 3,055 3,504 4,418 5,105 5,016 4,971
Net income 1 2,064 2,033 2,513 2,817 3,545 3,991 3,806 3,627
Net margin 49.51% 50.25% 55.07% 53.72% 56.4% 55.36% 53.55% 51.43%
EPS 2 7.460 7.350 9.160 10.29 12.76 14.98 14.63 14.39
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.800 4.000 4.500 5.500 7.500 8.630 8.855 8.843
Announcement Date 1/30/20 2/10/21 2/2/22 2/2/23 2/1/24 - - -
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 1,290 1,259 1,159 1,495 1,331 1,427 1,506 1,614 1,739 1,742 1,809 1,812 1,796 1,762 1,811
EBITDA - - - - - - - - - - - - - - -
EBIT 1 880 855 739 1,084 878 977 1,058 1,178 1,300 1,299 1,328 1,345 1,320 1,292 1,317
Operating Margin 68.22% 67.91% 63.76% 72.51% 65.97% 68.47% 70.25% 72.99% 74.76% 74.57% 73.38% 74.22% 73.48% 73.33% 72.72%
Earnings before Tax (EBT) 1 883 849 720 1,095 840 944 1,030 1,157 1,287 1,256 1,290 1,309 1,280 1,182 1,187
Net income 1 716 756 567 846 649 870 787 886 1,001 1,224 937.3 930.2 878.5 1,090 884.9
Net margin 55.5% 60.05% 48.92% 56.59% 48.76% 60.97% 52.26% 54.89% 57.56% 70.26% 51.81% 51.33% 48.92% 61.88% 48.86%
EPS 2 2.620 2.770 2.070 3.110 2.340 3.140 2.840 3.180 3.600 4.400 3.526 3.581 3.493 3.976 3.214
Dividend per Share 2 4.500 - - - 5.500 - - - 7.500 - 4.750 - 8.780 - -
Announcement Date 2/2/22 5/5/22 8/10/22 10/26/22 2/2/23 5/4/23 8/9/23 10/25/23 2/1/24 4/29/24 - - - - -
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) 13.5% 12.3% 14% 14.6% 16.5% 18% 16.3% 15%
ROA (Net income/ Total Assets) 1.07% 0.97% 1.1% 1.13% 1.24% 1.33% 1.19% 1.1%
Assets 1 193,277 209,221 227,937 249,182 285,154 300,047 319,685 328,818
Book Value Per Share 2 58.60 63.50 68.60 75.90 80.70 87.20 95.10 98.50
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/30/20 2/10/21 2/2/22 2/2/23 2/1/24 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
130.9 NOK
Average target price
139.2 NOK
Spread / Average Target
+6.31%
Consensus
  1. Stock Market
  2. Equities
  3. SVEG Stock
  4. Financials Sparebanken Vest