SpareBank 1 Sør-Norge Valuation

Q: What is the Fair Price of SB1NOO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SB1NOO (NOK133.2) is trading below our estimate of [[fair value]] (NOK284.69)

Is SB1NOO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 SB1NOO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SB1NOO (NOK133.2) is trading below our estimate of fair value (NOK284.69)

Significantly Below Fair Value: SB1NOO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SB1NOO?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for SB1NOO. This is calculated by dividing SB1NOO's market cap by their current preferred multiple.
What is SB1NOO's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	NOK 35.97b

SB1NOO 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	20.9x

Price to Earnings Ratio vs Peers

How does SB1NOO's PE Ratio compare to its peers?

The above table shows the PE ratio for SB1NOO 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	6.3x
HSBK Halyk Bank of Kazakhstan	3.2x	n/a	US$4.6b
VMUK Virgin Money UK	11.3x	9.2%	UK£2.8b
TCS TCS Group Holding	6.5x	n/a	US$5.1b
TBCG TBC Bank Group	4.2x	15.3%	UK£1.4b
SB1NOO SpareBank 1 Sør-Norge	7.7x	0.4%	NOK 36.0b

Price-To-Earnings vs Peers: SB1NOO is expensive based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (6.3x).

Price to Earnings Ratio vs Industry

How does SB1NOO's PE Ratio compare vs other companies in the European Banks Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	1.7%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	1.7%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: SB1NOO is expensive based on its Price-To-Earnings Ratio (7.7x) compared to the European Banks industry average (7.5x).

Price to Earnings Ratio vs Fair Ratio

What is SB1NOO'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.

SB1NOO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SB1NOO'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.