Komplett Bank ASA provides unsecured financing to private individuals in the Norwegian, Sweden, Finland, and German markets. More Details
Very undervalued with adequate balance sheet.
Share Price & News
How has Komplett Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KBN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KBN underperformed the German Banks industry which returned -3.1% over the past year.
Return vs Market: KBN underperformed the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is Komplett Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Komplett Bank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KBN (€0.61) is trading below our estimate of fair value (€2.13)
Significantly Below Fair Value: KBN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KBN is good value based on its PE Ratio (6.5x) compared to the DE Banks industry average (20.7x).
PE vs Market: KBN is good value based on its PE Ratio (6.5x) compared to the German market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: KBN is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: KBN is good value based on its PB Ratio (0.6x) compared to the DE Banks industry average (0.8x).
How is Komplett Bank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KBN's forecast earnings growth (11.2% per year) is above the savings rate (0.2%).
Earnings vs Market: KBN's earnings (11.2% per year) are forecast to grow slower than the German market (26.2% per year).
High Growth Earnings: KBN's earnings are forecast to grow, but not significantly.
Revenue vs Market: KBN's revenue (15.7% per year) is forecast to grow faster than the German market (6% per year).
High Growth Revenue: KBN's revenue (15.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KBN's Return on Equity is forecast to be low in 3 years time (12%).
How has Komplett Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KBN has a high level of non-cash earnings.
Growing Profit Margin: KBN's current net profit margins (28.3%) are lower than last year (36.6%).
Past Earnings Growth Analysis
Earnings Trend: KBN has become profitable over the past 5 years, growing earnings by 27.9% per year.
Accelerating Growth: KBN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KBN had negative earnings growth (-39.7%) over the past year, making it difficult to compare to the Banks industry average (4.5%).
Return on Equity
High ROE: KBN's Return on Equity (8.7%) is considered low.
How is Komplett Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: KBN's Assets to Equity ratio (5.2x) is low.
Allowance for Bad Loans: KBN has a low allowance for bad loans (58%).
Low Risk Liabilities: 97% of KBN's liabilities are made up of primarily low risk sources of funding.
Loan Level: KBN has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: KBN's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: KBN has a high level of bad loans (19.5%).
What is Komplett Bank current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KBN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KBN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KBN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KBN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KBN's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jan Haglund (50 yo)
Mr. Jan Olov Haglund has been Chief Executive Officer at Komplett Bank ASA since January 15, 2019 and served as its Chief Financial Officer since June 1, 2018 until January 15, 2019 and served as its Chief ...
|Chief Executive Officer||1.75yrs||no data||0.32% |
|Chief Financial Officer||1.75yrs||no data||0.11% |
|Chief Operating Officer||no data||no data||0.11% |
|Chief Marketing & Information Officer||no data||no data||0.95% |
|Director Legal & HR||1.33yrs||no data||2.13% |
|Chief Compliance & Risk Officer||1.33yrs||no data||0.021% |
|Chief Credit Risk Officer||no data||no data||1.27% |
Experienced Management: KBN's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|Independent Chairman||1.17yrs||kr500.00k||0.11% |
|Deputy Chairman of the Board||5.5yrs||kr400.00k||0.25% |
|Employee Deputy Director||2.58yrs||no data||0.0035% |
|Employee Director||2.58yrs||kr100.00k||0.042% |
|Employee Director||2.58yrs||kr100.00k||0.017% |
|Employee Deputy Member||1.75yrs||no data||no data|
|Independent Director||1.17yrs||kr200.00k||no data|
Experienced Board: KBN's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KBN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Komplett Bank ASA's company bio, employee growth, exchange listings and data sources
- Name: Komplett Bank ASA
- Ticker: KBN
- Exchange: DB
- Founded: 2012
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: kr1.289b
- Listing Market Cap: kr118.119m
- Shares outstanding: 186.54m
- Website: https://www.komplettbank.no
Number of Employees
- Komplett Bank ASA
- Vollsveien 2A
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KOMP||OB (Oslo Bors)||Yes||Share Capital||NO||NOK||Mar 2015|
|KOMPO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||NOK||Mar 2015|
|0EFW||LSE (London Stock Exchange)||Yes||Share Capital||GB||NOK||Mar 2015|
|KBN||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Mar 2015|
Komplett Bank ASA provides unsecured financing to private individuals in the Norwegian, Sweden, Finland, and German markets. It offers deposit products, consumer loans, credit cards, and point of sale fina ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 20:35|
|End of Day Share Price||2020/10/23 00:00|
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.