SpareBank 1 Østfold Akershus

BST:Y4X Stock Report

Market Cap: €407.3m

SpareBank 1 Østfold Akershus Valuation

Is Y4X undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of Y4X when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€60.83
Fair Value
47.6% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: Y4X (€31.86) is trading below our estimate of fair value (€60.83)

Significantly Below Fair Value: Y4X is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for Y4X?

Key metric: As Y4X is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for Y4X. This is calculated by dividing Y4X's market cap by their current earnings.
What is Y4X's PE Ratio?
PE Ratio8x
EarningsNOK 599.00m
Market CapNOK 4.79b

Price to Earnings Ratio vs Peers

How does Y4X's PE Ratio compare to its peers?

The above table shows the PE ratio for Y4X vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8x
PCZ ProCredit Holding
4.7x12.2%€490.0m
MBK Merkur PrivatBank KgaA
10.9x8.5%€116.7m
BEES3 Banestes - Banco do Estado do Espírito Santo
6.9xn/aR$2.6b
DAB Danske Andelskassers Bank
9.7xn/aDKK 3.1b
Y4X SpareBank 1 Østfold Akershus
8x-2.3%€4.8b

Price-To-Earnings vs Peers: Y4X is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (8x).

Price to Earnings Ratio vs Industry

How does Y4X's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies49PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: Y4X is good value based on its Price-To-Earnings Ratio (8x) compared to the European Banks industry average (8x).

Price to Earnings Ratio vs Fair Ratio

What is Y4X's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Y4X PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8x
Fair PE Ratio7.8x

Price-To-Earnings vs Fair Ratio: Y4X is expensive based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (7.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst Y4X forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€31.86
€32.25
+1.2%
0.3%€32.34€32.17n/a2
Jan ’26€30.76
€32.25
+4.9%
0.3%€32.34€32.17n/a2
Dec ’25€31.22
€32.25
+3.3%
0.3%€32.34€32.17n/a2
Nov ’25€30.86
€31.26
+1.3%
1.1%€31.59€30.92n/a2
Oct ’25€28.90
€31.52
+9.1%
0.3%€31.60€31.43n/a2
Sep ’25€29.73
€31.52
+6.0%
0.3%€31.60€31.43n/a2
Aug ’25€29.17
€31.55
+8.2%
1.1%€31.89€31.22n/a2
Jul ’25€28.48
€32.26
+13.3%
0.9%€32.56€31.96n/a2
Jun ’25€28.65
€32.26
+12.6%
0.9%€32.56€31.96n/a2
May ’25€27.66
€32.30
+16.8%
2.2%€33.02€31.57n/a2
Apr ’25€26.79
€33.34
+24.5%
2.8%€34.26€32.42n/a2
Mar ’25€28.00
€33.34
+19.1%
2.8%€34.26€32.42n/a2
Feb ’25€28.11
€31.62
+12.5%
2.8%€32.52€30.73n/a2
Jan ’25€28.11
€31.62
+12.5%
2.8%€32.52€30.73€30.762
Dec ’24€26.05
€31.62
+21.4%
2.8%€32.52€30.73€31.222
Nov ’24€26.06
€31.64
+21.4%
4.2%€32.98€30.30€30.862
Oct ’24€26.82
€31.64
+18.0%
4.2%€32.98€30.30€28.902
Sep ’24€27.06
€31.64
+16.9%
4.2%€32.98€30.30€29.732
Aug ’24€27.24
€32.05
+17.7%
0.8%€32.30€31.79€29.172
Jul ’24€26.13
€32.05
+22.7%
0.8%€32.30€31.79€28.482
Jun ’24€25.59
€32.05
+25.2%
0.8%€32.30€31.79€28.652
May ’24€26.23
€32.92
+25.5%
2.1%€33.60€32.23€27.662
Apr ’24€26.95
€35.26
+30.8%
2.7%€36.22€34.30€26.792
Mar ’24€29.64
€35.26
+18.9%
2.7%€36.22€34.30€28.002
Feb ’24n/a
€34.68
0%
1.4%€35.15€34.21€28.112
Jan ’24n/a
€35.55
0%
1.9%€36.23€34.88€28.112
Analyst Price Target
Consensus Narrative from 2 Analysts
€31.20
Fair Value
2.1% overvalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 02:14
End of Day Share Price 2025/01/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

SpareBank 1 Østfold Akershus is covered by 6 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.

AnalystInstitution
Christian BernerBeringer Finance AB
Geir KristiansenBeringer Finance AB
Žilvinas JusaitisNorne Securities AS