709 Stock Overview
Provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Kraft Bank ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 0.68 |
| 52 Week High | NOK 0.79 |
| 52 Week Low | NOK 0.54 |
| Beta | 0.83 |
| 11 Month Change | -3.57% |
| 3 Month Change | -12.34% |
| 1 Year Change | 3.85% |
| 33 Year Change | -40.27% |
| 5 Year Change | n/a |
| Change since IPO | -44.20% |
Recent News & Updates
Recent updates
Shareholder Returns
| 709 | DE Banks | DE Market | |
|---|---|---|---|
| 7D | -4.9% | 3.0% | 0.8% |
| 1Y | 3.8% | 27.5% | 6.1% |
Return vs Industry: 709 underperformed the German Banks industry which returned 27.5% over the past year.
Return vs Market: 709 underperformed the German Market which returned 6.1% over the past year.
Price Volatility
| 709 volatility | |
|---|---|
| 709 Average Weekly Movement | 9.2% |
| Banks Industry Average Movement | 3.4% |
| Market Average Movement | 4.7% |
| 10% most volatile stocks in DE Market | 10.5% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: 709 has not had significant price volatility in the past 3 months.
Volatility Over Time: 709's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 46 | Svein Forland | kraftbank.no |
Kraft Bank ASA provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway. It also offers deposit products and advisory services. Kraft Bank ASA was founded in 2016 and is based in Sandnes, Norway.
Kraft Bank ASA Fundamentals Summary
| 709 fundamental statistics | |
|---|---|
| Market cap | €30.87m |
| Earnings (TTM) | €2.99m |
| Revenue (TTM) | €10.78m |
10.3x
P/E Ratio0.8x
P/B RatioIs 709 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 709 income statement (TTM) | |
|---|---|
| Revenue | NOK 123.19m |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 123.19m |
| Other Expenses | NOK 89.07m |
| Earnings | NOK 34.11m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 15, 2024
| Earnings per share (EPS) | 0.81 |
| Gross Margin | 100.00% |
| Net Profit Margin | 27.69% |
| Debt/Equity Ratio | 9.0% |
How did 709 perform over the long term?
See historical performance and comparison