Komplett Bank ASA provides unsecured financing to private individuals in the Norwegian and German markets.
+ 1 more risk
Very undervalued with reasonable growth potential.
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: 0EFW's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0EFW underperformed the UK Banks industry which returned -35.7% over the past year.
Return vs Market: 0EFW underperformed the UK Market which returned -23% 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: 0EFW (NOK4) is trading below our estimate of fair value (NOK22.41)
Significantly Below Fair Value: 0EFW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0EFW is good value based on its PE Ratio (4x) compared to the Banks industry average (4.5x).
PE vs Market: 0EFW is good value based on its PE Ratio (4x) compared to the UK market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: 0EFW is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: 0EFW is good value based on its PB Ratio (0.4x) compared to the GB Banks industry average (0.5x).
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: 0EFW's forecast earnings growth (22.5% per year) is above the savings rate (0.5%).
Earnings vs Market: 0EFW's earnings (22.5% per year) are forecast to grow faster than the UK market (15.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 0EFW's revenue (17.1% per year) is forecast to grow faster than the UK market (2.3% per year).
High Growth Revenue: 0EFW's revenue (17.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0EFW's Return on Equity is forecast to be low in 3 years time (15.1%).
How has Komplett Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0EFW has a high level of non-cash earnings.
Growing Profit Margin: 0EFW's current net profit margins (27.7%) are lower than last year (42%).
Past Earnings Growth Analysis
Earnings Trend: 0EFW has become profitable over the past 5 years, growing earnings by 41.4% per year.
Accelerating Growth: 0EFW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0EFW had negative earnings growth (-39.1%) over the past year, making it difficult to compare to the Banks industry average (29.6%).
Return on Equity
High ROE: 0EFW's Return on Equity (11%) 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
Inventory Level: 0EFW has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0EFW's debt is covered by short term assets (assets are 9.8x debt).
Financial Institutions Analysis
Asset Level: 0EFW's level of assets compared to its equity is low.
Allowance for Bad Loans: 0EFW has a low allowance for bad loans.
Low Risk Liabilities: 0EFW's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0EFW has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0EFW's loans are broadly funded by customer deposits.
Level of Bad Loans: 0EFW has a high level of bad loans (13.81%)
What is Komplett Bank's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 0EFW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 0EFW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 0EFW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 0EFW'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 0EFW's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jan Haglund (49yo)
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||1.25yrs||no data||0.32% NOK2.5m|
|Chief Financial Officer||1.25yrs||no data||0.11% NOK849.2k|
|Chief Operating Officer||no data||no data||0.11% NOK865.0k|
|Chief Marketing & Information Officer||no data||no data||0.88% NOK6.8m|
|Director Legal & HR||0.83yr||no data||1.09% NOK8.5m|
|Chief Compliance & Risk Officer||0.83yr||no data||0.021% NOK166.8k|
|Chief Credit Risk Officer||no data||no data||1.28% NOK10.0m|
Experienced Management: 0EFW's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|Independent Chairman||0.67yr||kr500.00k||0.11% NOK842.0k|
|Deputy Chairman of the Board||5yrs||kr400.00k||0.25% NOK1.9m|
|Employee Deputy Director||2.08yrs||no data||0.0035% NOK27.5k|
|Employee Director||2.08yrs||kr100.00k||0.042% NOK329.2k|
|Employee Director||2.08yrs||kr100.00k||0.017% NOK135.3k|
|Employee Deputy Member||1.25yrs||no data||no data|
|Independent Director||0.67yr||kr200.00k||1.55% NOK12.1m|
Experienced Board: 0EFW's board of directors are not considered experienced ( 2 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: 0EFW insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.5%.
Komplett Bank ASA's company bio, employee growth, exchange listings and data sources
- Name: Komplett Bank ASA
- Ticker: 0EFW
- Exchange: LSE
- Founded: 2012
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: kr778.412m
- Shares outstanding: 184.90m
- 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 and German markets. It offers consumer loans, credit cards, and point of sale finance products, as well as deposit products. The company was formerly known as AlfaB Prosjekt ASA and changed its name to Komplett Bank ASA in 2014. Komplett Bank ASA was founded in 2012 and is headquartered in Lysaker, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 01:02|
|End of Day Share Price||2020/03/27 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.