Financials Nova Ljubljanska Banka d.d.

Equities

NLBR

SI0021117344

Banks

End-of-day quote Ljubljana S.E. 06:00:00 2024-06-09 pm EDT 5-day change 1st Jan Change
121 EUR +3.42% Intraday chart for Nova Ljubljanska Banka d.d. +3.86% +42.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,240 916 1,524 1,248 1,700 2,420 - -
Enterprise Value (EV) 1 1,240 916 1,524 1,248 1,700 2,420 2,420 2,420
P/E ratio 6.39 x 3.39 x 6.46 x 2.8 x - 4.82 x 5.77 x 5.86 x
Yield - 2.71% 3.28% - - 9.59% 9.88% 9.71%
Capitalization / Revenue 2.41 x 1.82 x 2.29 x 1.56 x 1.55 x 2.1 x 2.08 x 2.03 x
EV / Revenue 2.41 x 1.82 x 2.29 x 1.56 x 1.55 x 2.1 x 2.08 x 2.03 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.74 x 0.47 x 0.73 x 0.55 x 0.59 x 0.76 x 0.73 x 0.69 x
Nbr of stocks (in thousands) 20,000 20,000 20,000 20,000 20,000 20,000 - -
Reference price 2 62.00 45.80 76.20 62.40 85.00 121.0 121.0 121.0
Announcement Date 2/20/20 2/24/21 2/24/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 513.6 504.5 666.9 798.5 1,093 1,151 1,161 1,192
EBITDA - - - - - - - -
EBIT 1 212.2 210.5 251.5 338.3 591.4 609 588.2 605
Operating Margin 41.32% 41.72% 37.71% 42.37% 54.09% 52.93% 50.64% 50.76%
Earnings before Tax (EBT) 1 215.4 277.9 261.4 483.1 578.4 566.5 522.2 532.2
Net income 1 193.6 141.3 236.4 446.9 550.7 464 440.5 443
Net margin 37.69% 28.01% 35.45% 55.97% 50.37% 40.33% 37.93% 37.17%
EPS 2 9.700 13.50 11.80 22.30 - 25.11 20.97 20.66
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 1.240 2.500 - - 11.60 11.96 11.74
Announcement Date 2/20/20 2/24/21 2/24/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1
Net sales 1 174.5 183.6 205.6 234.9 241.9 269.7 289.2 298.1
EBITDA - - - - - - - -
EBIT 1 71.8 67.6 91.7 107.2 124.8 146.1 168.2 165.8
Operating Margin 41.15% 36.82% 44.6% 45.64% 51.59% 54.17% 58.16% 55.62%
Earnings before Tax (EBT) 1 240.8 65.2 101.3 75.7 137.5 151.8 165.1 162.1
Net income 1 231.5 55.5 90.8 69.1 120.1 122.6 144.2 140
Net margin 132.66% 30.23% 44.16% 29.42% 49.65% 45.46% 49.87% 46.96%
EPS - 2.770 4.540 3.410 - - - -
Dividend per Share - - - - - - - -
Announcement Date 5/11/22 8/11/22 11/10/22 2/23/23 5/11/23 8/10/23 11/9/23 5/8/24
1EUR in Million
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% 8.3% 11.4% 12.2% 21% 15.5% 13.5% 12.7%
ROA (Net income/ Total Assets) 1.5% 1% 1.1% 1.2% 2.2% 1.74% 1.56% 1.4%
Assets 1 12,907 14,130 21,491 37,242 25,032 26,744 28,211 31,602
Book Value Per Share 2 84.30 97.60 104.0 114.0 144.0 160.0 166.0 175.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/20/20 2/24/21 2/24/22 2/23/23 2/22/24 - - -
1EUR in Million2EUR
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
121 EUR
Average target price
144.4 EUR
Spread / Average Target
+19.37%
Consensus
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