Skandinaviska Enskilda Banken AB (publ.) provides corporate, retail, investment, and private banking services in Sweden and internationally.
Undervalued with mediocre balance sheet.
Share Price & News
How has Skandinaviska Enskilda Banken AB (publ.)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SEBC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SEBC exceeded the German Banks industry which returned -20.3% over the past year.
Return vs Market: SEBC exceeded the German Market which returned 4.1% over the past year.
Price Volatility Vs. Market
How volatile is Skandinaviska Enskilda Banken AB (publ.)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Skandinaviska Enskilda Banken AB (publ.) 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: SEBC (€8.49) is trading below our estimate of fair value (€10.63)
Significantly Below Fair Value: SEBC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SEBC is good value based on its PE Ratio (10.4x) compared to the Banks industry average (19.3x).
PE vs Market: SEBC is good value based on its PE Ratio (10.4x) compared to the German market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: SEBC is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: SEBC is overvalued based on its PB Ratio (1.2x) compared to the DE Banks industry average (0.9x).
How is Skandinaviska Enskilda Banken AB (publ.) forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SEBC's forecast earnings growth (10.6% per year) is above the savings rate (0.2%).
Earnings vs Market: SEBC's earnings (10.6% per year) are forecast to grow slower than the German market (22.7% per year).
High Growth Earnings: SEBC's earnings are forecast to grow, but not significantly.
Revenue vs Market: SEBC's revenue (3.6% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: SEBC's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SEBC's Return on Equity is forecast to be low in 3 years time (11.5%).
How has Skandinaviska Enskilda Banken AB (publ.) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEBC has a high level of non-cash earnings.
Growing Profit Margin: SEBC's current net profit margins (39.7%) are lower than last year (52.2%).
Past Earnings Growth Analysis
Earnings Trend: SEBC's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: SEBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SEBC had negative earnings growth (-24.9%) over the past year, making it difficult to compare to the Banks industry average (4%).
Return on Equity
High ROE: SEBC's Return on Equity (11.4%) is considered low.
How is Skandinaviska Enskilda Banken AB (publ.)'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: SEBC's Assets to Equity ratio (20.9x) is very high.
Allowance for Bad Loans: Insufficient data to determine if SEBC has a sufficient allowance for bad loans.
Low Risk Liabilities: 52% of SEBC's liabilities are made up of primarily higher risk sources of funding.
Loan Level: SEBC has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: SEBC's Loans to Deposits ratio (120%) is appropriate.
Level of Bad Loans: SEBC has an appropriate level of bad loans (0.7%).
What is Skandinaviska Enskilda Banken AB (publ.)'s current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SEBC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SEBC'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 SEBC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SEBC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SEBC is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SEBC'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
Johan Torgeby (45yo)
Mr. Johan Torgeby has been the Chief Executive Officer and President at Skandinaviska Enskilda Banken AB (publ) since March 29, 2017. Mr. Torgeby served as Co-Head of Division Large Corporates & Financial ...
CEO Compensation Analysis
Compensation vs Market: Johan's total compensation ($USD2.10M) is below average for companies of similar size in the German market ($USD4.74M).
Compensation vs Earnings: Johan's compensation has been consistent with company performance over the past year.
|Group Chief Financial Officer||0.42yr||no data||0.00049% SEK88.6k|
|Head of Retail & Banking Technology and Member of Management Board||4.08yrs||no data||no data|
|Head of Operations||5.42yrs||no data||0.00047% SEK85.0k|
|Head of Investment Management Division||1.42yrs||no data||no data|
|Head of Corporate Finance Unit||15yrs||no data||no data|
|Head of Group Technology||1.17yrs||no data||0.00017% SEK30.7k|
|Chief Information Officer||2.42yrs||no data||0.00011% SEK19.9k|
|Head of Investor Relations||2.17yrs||no data||no data|
|Head of Group Compliance||no data||no data||no data|
Experienced Management: SEBC's management team is considered experienced (2.4 years average tenure).
|Independent Director||7.25yrs||kr1.01m||0.00014% SEK25.3k|
|Independent Chairman of the Board||15.17yrs||kr3.94m||0.035% SEK6.3m|
|Independent Vice Chairman of the Board||3.25yrs||kr980.00k||0.00049% SEK88.6k|
|Independent Director||9.25yrs||kr740.00k||0.0046% SEK835.3k|
|Independent Director||4.25yrs||kr1.17m||0.00058% SEK104.9k|
|Independent Director||10.08yrs||kr1.13m||0.00025% SEK45.2k|
|Independent Vice Chairman of the Board||6.25yrs||kr1.85m||0.0011% SEK207.9k|
|Independent Director||7.25yrs||kr1.12m||no data|
|Director||5.42yrs||no data||0.00020% SEK36.2k|
Experienced Board: SEBC's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Skandinaviska Enskilda Banken AB (publ.)'s company bio, employee growth, exchange listings and data sources
- Name: Skandinaviska Enskilda Banken AB (publ.)
- Ticker: SEBC
- Exchange: DB
- Founded: 1856
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: kr188.169b
- Listing Market Cap: kr18.080b
- Shares outstanding: 2.17b
- Website: https://sebgroup.com
Number of Employees
- Skandinaviska Enskilda Banken AB (publ.)
- Kungsträdgårdsgatan 8
- Stockholm County
- 106 40
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SVKE.F||OTCPK (Pink Sheets LLC)||Yes||Series A Shares||US||USD||Jan 1980|
|SEB A||OM (OMX Nordic Exchange Stockholm)||Yes||Series A Shares||SE||SEK||Jan 1980|
|SEBA||DB (Deutsche Boerse AG)||Yes||Series A Shares||DE||EUR||Jan 1980|
|0HBY||LSE (London Stock Exchange)||Yes||Series A Shares||GB||SEK||Jan 1980|
|SEBAS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series A Shares||GB||SEK||Jan 1980|
|SEB C||OM (OMX Nordic Exchange Stockholm)||Series C Shares||SE||SEK||Aug 1992|
|SEBC||DB (Deutsche Boerse AG)||Series C Shares||DE||EUR||Aug 1992|
|0GUX||LSE (London Stock Exchange)||Series C Shares||GB||SEK||Aug 1992|
|SEBCS||BATS-CHIXE (BATS 'Chi-X Europe')||Series C Shares||GB||SEK||Aug 1992|
|SKVK.Y||OTCPK (Pink Sheets LLC)||SPONADR REPSHS A||US||USD||Nov 2013|
Skandinaviska Enskilda Banken AB (publ.) provides corporate, retail, investment, and private banking services in Sweden and internationally. It operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Baltic, Life, and Investment Management and Group Functions segments. The company offers research services; analysis, advisory, execution, and trading services in the foreign exchange, fixed income, equities, and commodities markets; transaction services, including cash management, trade and supply chain financing, custody, asset servicing, and fund services; and investor services. It also provides investment banking services, such as corporate finance advisory services related to acquisitions, divestments, and mergers; equity capital market services related to initial public offerings, rights issues, and placings; and debt financing services comprising corporate loan origination, debt capital markets, leveraged finance, and structured finance services, as well as real estate and shipping finance services. In addition, the company offers venture capital for entrepreneurs and innovators; asset management products that include alternative, equity, fixed income, investment, and private equity solutions; and pensions, life insurance, health care insurance, and disability insurance. It serves large corporations and institutions, private customers, and small and medium-sized corporates. The company offers its services through 184 branch offices. Skandinaviska Enskilda Banken AB (publ.) was founded in 1856 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 21:16|
|End of Day Share Price||2020/06/04 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.