Financials Svenska Handelsbanken AB Nasdaq Stockholm

Equities

SHB B

SE0007100607

Banks

Market Closed - Nasdaq Stockholm 12:00:00 2024-07-05 pm EDT 5-day change 1st Jan Change
125.3 SEK -0.71% Intraday chart for Svenska Handelsbanken AB +2.37% -3.76%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 199,873 163,889 194,116 208,704 217,446 203,659 - -
Enterprise Value (EV) 1 199,873 163,889 194,116 208,704 217,446 203,659 203,659 203,659
P/E ratio 11.8 x 10.5 x 9.92 x 9.7 x 7.45 x 8.3 x 9.4 x 9.71 x
Yield 5.45% 4.96% 5.11% 5.23% 5.94% 10.5% 9.54% 8.79%
Capitalization / Revenue 4.49 x 3.7 x 4.09 x 4.15 x 3.49 x 3.44 x 3.58 x 3.58 x
EV / Revenue 4.49 x 3.7 x 4.09 x 4.15 x 3.49 x 3.44 x 3.58 x 3.58 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.25 x 0.95 x 1.07 x 1.06 x 1.06 x 0.98 x 0.98 x 0.97 x
Nbr of stocks (in thousands) 1,980,028 1,980,028 1,980,028 1,980,028 1,980,028 1,980,028 - -
Reference price 2 100.9 82.60 97.86 105.1 109.4 102.4 102.4 102.4
Announcement Date 2/5/20 2/3/21 2/9/22 2/8/23 2/7/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 44,564 44,248 47,405 50,249 62,249 59,177 56,865 56,837
EBITDA - - - - - - - -
EBIT 1 22,821 20,914 24,647 28,953 39,067 33,916 31,225 30,809
Operating Margin 51.21% 47.27% 51.99% 57.62% 62.76% 57.31% 54.91% 54.21%
Earnings before Tax (EBT) 1 21,796 20,135 24,680 26,619 36,322 30,527 27,447 26,682
Net income 1 16,922 15,585 19,543 21,468 29,107 24,302 21,550 21,099
Net margin 37.97% 35.22% 41.23% 42.72% 46.76% 41.07% 37.9% 37.12%
EPS 2 8.580 7.870 9.860 10.84 14.70 12.34 10.90 10.55
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 5.500 4.100 5.000 5.500 6.500 10.77 9.771 9.005
Announcement Date 2/5/20 2/3/21 2/9/22 2/8/23 2/7/24 - - -
1SEK in Million2SEK
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 12,696 12,305 11,040 12,897 14,007 14,985 15,166 16,244 15,854 15,318 14,850 14,699 14,480 14,230 14,216
EBITDA - - - - - - - - - - - - - - -
EBIT 1 6,492 6,166 5,892 7,776 8,147 9,210 9,531 10,558 9,768 8,848 8,623 8,728 8,206 8,136 8,335
Operating Margin 51.13% 50.11% 53.37% 60.29% 58.16% 61.46% 62.84% 65% 61.61% 57.76% 58.07% 59.38% 56.67% 57.17% 58.63%
Earnings before Tax (EBT) 1 6,526 6,586 5,246 7,277 7,510 8,516 8,841 9,908 9,057 8,267 7,549 7,454 6,829 6,711 6,702
Net income 1 5,236 5,650 4,176 5,723 5,920 6,814 7,104 7,952 7,240 6,603 6,103 5,999 5,458 5,377 5,369
Net margin 41.24% 45.92% 37.83% 44.37% 42.26% 45.47% 46.84% 48.95% 45.67% 43.11% 41.09% 40.82% 37.69% 37.79% 37.77%
EPS 2 2.640 2.850 2.110 2.890 2.990 3.440 3.590 4.020 3.660 3.330 3.088 3.029 2.756 2.717 2.709
Dividend per Share 2 5.000 - - - 5.500 - - - 6.500 - - - 10.16 - -
Announcement Date 2/9/22 4/27/22 7/15/22 10/19/22 2/8/23 4/26/23 7/19/23 10/18/23 2/7/24 4/24/24 - - - - -
1SEK in Million2SEK
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) 11.9% 10% 11.8% 12.5% 15.9% 11.9% 10.5% 10.2%
ROA (Net income/ Total Assets) 0.56% 0.5% 0.6% 0.63% 0.83% 0.68% 0.55% 0.54%
Assets 1 3,023,946 3,102,727 3,243,651 3,400,063 3,495,916 3,586,994 3,918,147 3,925,364
Book Value Per Share 2 80.70 86.60 91.80 99.00 104.0 105.0 104.0 105.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/5/20 2/3/21 2/9/22 2/8/23 2/7/24 - - -
1SEK in Million2SEK
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
15
Last Close Price
102.4 SEK
Average target price
105.5 SEK
Spread / Average Target
+3.01%
Consensus
  1. Stock Market
  2. Equities
  3. SHB A Stock
  4. SHB B Stock
  5. Financials Svenska Handelsbanken AB