I7O Stock Overview

A savings bank, provides banking services for personal and corporate markets in Flekkefjord, Farsund, Hægebostad, Kvinesdal, Lindesnes, Lund, Lyngdal, Sirdal, and Sokndal. More details

I7O fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	4/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 88.4% below our estimate of its fair value

Earnings are forecast to grow 3.94% per year

Earnings grew by 17.8% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Does not have a meaningful market cap (€168M)

My Notes

Capture your thoughts, links and company narrative

Flekkefjord Sparebank Competitors

Merkur PrivatBank KgaA

XTRA:MBK

€113.6m

Slatinska Banka d.d

ZGSE:SNBA

€14.6m

HF Group

NASE:HFCK

KSh1.8b

Great American Bancorp

OTCPK:GTPS

US$16.9m

Price History & Performance

Summary of share price highs, lows and changes for Flekkefjord Sparebank
Historical stock prices
Current Share Price	NOK 9.29
52 Week High	NOK 9.87
52 Week Low	NOK 8.73
Beta	0
1 Month Change	-0.67%
3 Month Change	0.65%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-4.15%

Recent updates

Shareholder Returns

	I7O	DE Banks	DE Market
7D	2.5%	1.3%	0.7%
1Y	n/a	18.9%	8.4%

Return vs Industry: Insufficient data to determine how I7O performed against the German Banks industry.

Return vs Market: Insufficient data to determine how I7O performed against the German Market.

Price Volatility

Is I7O's price volatile compared to industry and market?
I7O volatility
I7O Average Weekly Movement	2.8%
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: I7O has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: I7O's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1837	67	Heidi Flikka	flekkefjordsparebank.no

Flekkefjord Sparebank, a savings bank, provides banking services for personal and corporate markets in Flekkefjord, Farsund, Hægebostad, Kvinesdal, Lindesnes, Lund, Lyngdal, Sirdal, and Sokndal. It offers savings, current, association, and other deposit accounts; bank cards; mortgage, car, boat, cottage, construction, consumer, installment, agricultural loans, as well as liquidity loans with guarantee, guarantee, and leasing facilities. The company also provides life and health, house and contents, vehicle, travel and leisure, property, and liability insurance products; and trades in funds, shares, equity certificates, subscription rights, and ETF/ETNs.

Flekkefjord Sparebank Fundamentals Summary

How do Flekkefjord Sparebank's earnings and revenue compare to its market cap?
I7O fundamental statistics
Market cap	€14.36m
Earnings (TTM)	€10.11m
Revenue (TTM)	€23.65m

1.4x

P/E Ratio

0.1x

P/B Ratio

Is I7O overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
I7O income statement (TTM)
Revenue	NOK 276.67m
Cost of Revenue	NOK 0
Gross Profit	NOK 276.67m
Other Expenses	NOK 158.45m
Earnings	NOK 118.22m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	78.81
Gross Margin	100.00%
Net Profit Margin	42.73%
Debt/Equity Ratio	134.1%

How did I7O perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 21:13
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Flekkefjord Sparebank 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
Ignas Lekštys	Norne Securities AS

Flekkefjord Sparebank BST:I7O Stock Report