Nordnet (BST:9JL) - Stock Price, News & Analysis

9JL Stock Overview

Engages in the savings and investments, pensions, and loans businesses in Sweden, Norway, Denmark, and Finland. More details

9JL fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	4/6
Financial Health	2/6
Dividends	2/6

Rewards

Earnings are forecast to grow 1.58% per year

Earnings grew by 17.9% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 3.23% is not well covered by free cash flows

Significant insider selling over the past 3 months

Nordnet AB (publ) Competitors

flatexDEGIRO

XTRA:FTK

€1.4b

Tradegate Wertpapierhandelsbank

DB:T2G

€2.2b

JDC Group

XTRA:JDC

€312.3m

Berliner Effektengesellschaft

DB:BFV

€816.3m

Price History & Performance

Summary of all time highs, changes and price drops for Nordnet
Historical stock prices
Current Share Price	SEK 18.92
52 Week High	SEK 21.62
52 Week Low	SEK 12.90
Beta	0.81
11 Month Change	-2.47%
3 Month Change	-3.22%
1 Year Change	23.58%
33 Year Change	14.18%
5 Year Change	n/a
Change since IPO	84.84%

Recent updates

Shareholder Returns

	9JL	DE Capital Markets	DE Market
7D	-4.0%	0.5%	-1.3%
1Y	23.6%	26.7%	7.4%

Return vs Industry: 9JL underperformed the German Capital Markets industry which returned 26.6% over the past year.

Return vs Market: 9JL exceeded the German Market which returned 7.1% over the past year.

Price Volatility

Is 9JL's price volatile compared to industry and market?
9JL volatility
9JL Average Weekly Movement	3.4%
Capital Markets Industry Average Movement	4.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 9JL has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 9JL's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	768	Lars-Ake Norling	nordnetab.com

Nordnet AB (publ) engages in the savings and investments, pensions, and loans businesses in Sweden, Norway, Denmark, and Finland. The company provides digital platform for savings and investment products, such as stocks, mutual funds, and other securities through website, app, or other applications; margin lending, residential mortgages, and personal unsecured loans; and products for pension savings. It operates Shareville, a social investment network that allows customers to follow other investors and see their investments.

Nordnet AB (publ) Fundamentals Summary

How do Nordnet's earnings and revenue compare to its market cap?
9JL fundamental statistics
Market cap	€4.84b
Earnings (TTM)	€235.06m
Revenue (TTM)	€475.85m

20.6x

P/E Ratio

10.2x

P/S Ratio

Is 9JL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9JL income statement (TTM)
Revenue	SEK 5.52b
Cost of Revenue	SEK 645.40m
Gross Profit	SEK 4.87b
Other Expenses	SEK 2.15b
Earnings	SEK 2.73b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 28, 2025

Earnings per share (EPS)	10.82
Gross Margin	88.30%
Net Profit Margin	49.40%
Debt/Equity Ratio	806.4%

How did 9JL perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

66%

Payout Ratio

9JL Stock Overview

Rewards

Risk Analysis

Nordnet AB (publ) Competitors

XTRA:FTK

€1.4b

DB:T2G

€2.2b

XTRA:JDC

€312.3m

DB:BFV

€816.3m

Price History & Performance

Recent News & Updates

Nordnet Launches Livrente - Denmark's Largest Pension Product

Third quarter 2024 earnings released: EPS: kr2.77 (vs kr2.51 in 3Q 2023)

Now 20% overvalued

Nordnet AB (publ) to Report Fiscal Year 2024 Results on Jan 28, 2025

Ikano Bank AB (publ) completed the acquisition of Consumer Finance Portfolio of Nordnet AB (publ) (OM:SAVE) for approximately SEK 3.5 billion.

Ikano Bank AB (publ) completed the acquisition of Consumer Finance Portfolio of Nordnet AB (publ) (OM:SAVE) for approximately SEK 3.5 billion.

Recent updates

Nordnet Launches Livrente - Denmark's Largest Pension Product

Third quarter 2024 earnings released: EPS: kr2.77 (vs kr2.51 in 3Q 2023)

Now 20% overvalued

Nordnet AB (publ) to Report Fiscal Year 2024 Results on Jan 28, 2025

Ikano Bank AB (publ) completed the acquisition of Consumer Finance Portfolio of Nordnet AB (publ) (OM:SAVE) for approximately SEK 3.5 billion.

Ikano Bank AB (publ) completed the acquisition of Consumer Finance Portfolio of Nordnet AB (publ) (OM:SAVE) for approximately SEK 3.5 billion.

Now 21% overvalued after recent price rise

New minor risk - Insider selling

Chief Executive Officer recently sold €5.1m worth of stock

Now 20% overvalued after recent price rise

Second quarter 2024 earnings released: EPS: kr2.86 (vs kr2.27 in 2Q 2023)

Chief Financial Officer recently sold €682k worth of stock

Now 21% overvalued after recent price rise

Nordnet AB (publ) Approves Dividend, Expects to Be Distributed on 7 May 2024

Now 21% overvalued after recent price rise

Upcoming dividend of kr7.20 per share

Now 11% overvalued after recent price rise

Upcoming dividend of kr7.20 per share

Nordnet AB (publ) Announces Executive Changes, Effective 1 May 2024

Full year 2023 earnings released: EPS: kr9.83 (vs kr6.36 in FY 2022)

Independent Director recently sold €355k worth of stock

Nordnet AB (Publ) Leaves Gustaf Unger as Board of Directors

Insider recently sold €645k worth of stock

Dividend of kr7.20 announced

Full year 2023 earnings released: EPS: kr9.83 (vs kr6.36 in FY 2022)

Insider recently sold €312k worth of stock

Independent Director recently sold €430k worth of stock

Third quarter 2023 earnings released: EPS: kr2.64 (vs kr1.54 in 3Q 2022)

Now 21% undervalued

Nordnet Launches Mutual Fund Nordnet Index Global 125

Nordnet AB (publ) to Report First Half, 2024 Results on Jul 23, 2024

Now 21% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: kr2.27 (vs kr0.89 in 2Q 2022)

Nordnet AB (publ) to Report Fiscal Year 2023 Results on Jan 31, 2024

Upcoming dividend of kr4.60 per share at 2.6% yield

Full year 2022 earnings released: EPS: kr6.36 (vs kr7.79 in FY 2021)

Deputy CEO & Chief Product Officer recently bought €142k worth of stock

Insider recently sold €721k worth of stock

Insider recently sold €1.6m worth of stock

Nordnet AB (publ) (OM:SAVE) entered into an agreement to acquire Consumer fiber operator business of Netgem.

Full year 2022 earnings released: EPS: kr6.62 (vs kr7.79 in FY 2021)

Chief Financial Officer recently sold €350k worth of stock

Independent Chairman of the Board recently bought €14m worth of stock

High number of new directors

Investor sentiment improved over the past week

High number of new directors

Nordnet AB (publ) to Report Nine Months, 2023 Results on Oct 24, 2023

Third quarter 2022 earnings released: EPS: kr1.60 (vs kr1.60 in 3Q 2021)

Nordnet AB (publ) to Report First Half, 2022 Results on Jul 25, 2023

Investor sentiment deteriorated over the past week

Nordnet AB (publ), Annual General Meeting, Apr 18, 2023

Nordnet AB (publ) to Report Q1, 2023 Results on Apr 25, 2023

Second quarter 2022 earnings released: EPS: kr0.95 (vs kr1.73 in 2Q 2021)

Chief Financial Officer recently sold €435k worth of stock

Independent Chairman of the Board recently bought €345k worth of stock

First quarter 2022 earnings released: EPS: kr1.95 (vs kr2.63 in 1Q 2021)

Upcoming dividend of kr5.56 per share

Nordnet AB (Publ) Announces Jan Dinkelspiel Not Available for Re-Election for Board

Nordnet's Fund Company Receives Its License from the FSA