709 Stock Overview
Provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Kraft Bank ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 0.69 |
| 52 Week High | NOK 0.79 |
| 52 Week Low | NOK 0.64 |
| Beta | 0.80 |
| 1 Month Change | -2.14% |
| 3 Month Change | -2.84% |
| 1 Year Change | -6.16% |
| 3 Year Change | -34.76% |
| 5 Year Change | n/a |
| Change since IPO | -43.37% |
Recent News & Updates
Recent updates
Shareholder Returns
| 709 | DE Banks | DE Market | |
|---|---|---|---|
| 7D | 0% | 1.3% | 0.7% |
| 1Y | -6.2% | 18.9% | 8.4% |
Return vs Industry: 709 underperformed the German Banks industry which returned 19.7% over the past year.
Return vs Market: 709 underperformed the German Market which returned 8.4% over the past year.
Price Volatility
| 709 volatility | |
|---|---|
| 709 Average Weekly Movement | 5.0% |
| Banks Industry Average Movement | 3.2% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 12.0% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 709 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: 709's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 44 | 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 | €30.88m |
| Earnings (TTM) | €1.69m |
| Revenue (TTM) | €9.88m |
18.3x
P/E Ratio0.8x
P/B RatioIs 709 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 709 income statement (TTM) | |
|---|---|
| Revenue | NOK 115.60m |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 115.60m |
| Other Expenses | NOK 95.85m |
| Earnings | NOK 19.76m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.47 |
| Gross Margin | 100.00% |
| Net Profit Margin | 17.09% |
| Debt/Equity Ratio | 9.0% |
How did 709 perform over the long term?
See historical performance and comparisonDividends
3.5%
Current Dividend Yield64%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 12:30 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kraft Bank ASA is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vegard Toverud | Pareto Securities |