How does Z1D's PE Ratio compare to its peers?

Z1D is expensive based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (9.2x).

How does Z1D's PE Ratio compare vs other companies in the European Banks Industry?

Z1D is expensive based on its Price-To-Earnings Ratio (9.7x) compared to the European Banks industry average (8x).

What is Z1D'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.

Z1D is expensive based on its Price-To-Earnings Ratio (9.7x) compared to the estimated Fair Price-To-Earnings Ratio (8.4x).

What is the Fair Price of Z1D when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Z1D (€12.83) is trading below our estimate of [[fair value]] (€24.72)

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

Target price is lower than the current share price.

Z1D Stock Overview

Provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. More details

Z1D fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	2/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 48.1% below our estimate of its fair value

Earnings are forecast to grow 4.7% per year

Risk Analysis

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

SpareBank 1 Helgeland Competitors

ProCredit Holding

XTRA:PCZ

€490.0m

Merkur PrivatBank KgaA

XTRA:MBK

€116.7m

Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire

BRVM:BICC

XOF 229.2b

Southern States Bancshares

NasdaqGS:SSBK

US$337.2m

Price History & Performance

Summary of share price highs, lows and changes for SpareBank 1 Helgeland
Historical stock prices
Current Share Price	NOK 12.83
52 Week High	NOK 12.83
52 Week Low	NOK 9.64
Beta	0.40
1 Month Change	8.56%
3 Month Change	9.14%
1 Year Change	7.46%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	6.81%

Recent updates

Shareholder Returns

	Z1D	DE Banks	DE Market
7D	5.5%	3.7%	3.0%
1Y	7.5%	28.9%	12.8%

Return vs Industry: Z1D underperformed the German Banks industry which returned 28.9% over the past year.

Return vs Market: Z1D underperformed the German Market which returned 12.8% over the past year.

Price Volatility

Is Z1D's price volatile compared to industry and market?
Z1D volatility
Z1D Average Weekly Movement	3.0%
Banks Industry Average Movement	3.2%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: Z1D has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Z1D's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1860	168	Hanne Nordgaard	www.sparebank1.no/nb/helgeland/privat.html

SpareBank 1 Helgeland provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company operates in two segments, Retail Market and Corporate Market. It offers savings, investment, pension, and insurance products, as well as leasing and mortgage services.

SpareBank 1 Helgeland Fundamentals Summary

How do SpareBank 1 Helgeland's earnings and revenue compare to its market cap?
Z1D fundamental statistics
Market cap	€338.39m
Earnings (TTM)	€35.01m
Revenue (TTM)	€98.07m

9.7x

P/E Ratio

0.8x

P/B Ratio

Is Z1D overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
Z1D income statement (TTM)
Revenue	NOK 1.15b
Cost of Revenue	NOK 0
Gross Profit	NOK 1.15b
Other Expenses	NOK 742.00m
Earnings	NOK 412.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)	15.31
Gross Margin	100.00%
Net Profit Margin	35.70%
Debt/Equity Ratio	137.5%

How did Z1D perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

70%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 00:48
End of Day Share Price	2025/01/20 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

SpareBank 1 Helgeland is covered by 6 analysts. 2 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
Fridtjof Berents	Arctic Securities ASA
Geir Kristiansen	Beringer Finance AB
Håkon Astrup	DNB Markets