Haugesund Sparebank Valuation

Is Y7I 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 Y7I when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Y7I (€12.28) is trading below our estimate of fair value (€94.21)

Significantly Below Fair Value: Y7I is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for Y7I?

Key metric: As Y7I is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for Y7I. This is calculated by dividing Y7I's market cap by their current earnings.
What is Y7I's PE Ratio?
PE Ratio	2.2x
Earnings	NOK 154.65m
Market Cap	NOK 337.50m

Y7I key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	0.07x

Price to Earnings Ratio vs Peers

How does Y7I's PE Ratio compare to its peers?

The above table shows the PE ratio for Y7I vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	12.4x
MBK Merkur PrivatBank KgaA	10.2x	8.6%	€108.9m
HCBN HCB Financial	5.4x	n/a	US$32.2m
PBBK PB Bankshares	22.1x	n/a	US$33.2m
SUNSB Sunndal Sparebank	11.9x	39.4%	NOK 319.8m
Y7I Haugesund Sparebank	2.2x	31.1%	€337.5m

Price-To-Earnings vs Peers: Y7I is good value based on its Price-To-Earnings Ratio (2.2x) compared to the peer average (12.4x).

Price to Earnings Ratio vs Industry

How does Y7I's PE Ratio compare vs other companies in the European Banks Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: Y7I is good value based on its Price-To-Earnings Ratio (2.2x) compared to the European Banks industry average (7.3x).

Price to Earnings Ratio vs Fair Ratio

What is Y7I'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.

Y7I PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	2.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate Y7I's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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