0FE2 Stock Overview

Provides various banking products and services for individual and business in Norway. More details

0FE2 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	5/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 77.4% below our estimate of its fair value

Earnings are forecast to grow 26.13% per year

Earnings grew by 43.2% over the past year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (NOK704M)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Skue Sparebank Competitors

Secure Trust Bank

LSE:STB

UK£81.1m

Arbuthnot Banking Group

AIM:ARBB

UK£162.9m

First Bancshares

OTCPK:FBSI

US$60.1m

Cullman Bancorp

OTCPK:CULL

US$64.6m

Price History & Performance

Summary of share price highs, lows and changes for Skue Sparebank
Historical stock prices
Current Share Price	NOK 301.90
52 Week High	NOK 301.90
52 Week Low	NOK 253.95
Beta	0.53
1 Month Change	18.88%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	146.45%

Recent updates

Shareholder Returns

	0FE2	GB Banks	GB Market
7D	0%	-0.8%	0.8%
1Y	n/a	50.8%	10.2%

Return vs Industry: Insufficient data to determine how 0FE2 performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how 0FE2 performed against the UK Market.

Price Volatility

Is 0FE2's price volatile compared to industry and market?
0FE2 volatility
0FE2 Average Weekly Movement	n/a
Banks Industry Average Movement	3.9%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.7%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0FE2's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine 0FE2's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1842	112	Hans Glesne	skuesparebank.no

Skue Sparebank provides various banking products and services for individual and business in Norway. The company offers checking, business, deposit, tax withholding, client, agricultural, currency, investment, deposit, retirement, and group accounts; business, construction, consumer, car, other vehicle, and small loans, as well as mortgage, bank guarantee, factoring, overdraft, and leasing services; and home and leisure, car and other vehicles, animal, company and employees, agriculture, and travel insurance products. It also provides savings and pension products; and online and mobile banking, bank card, and payment services.

Skue Sparebank Fundamentals Summary

How do Skue Sparebank's earnings and revenue compare to its market cap?
0FE2 fundamental statistics
Market cap	NOK 704.21m
Earnings (TTM)	NOK 79.14m
Revenue (TTM)	NOK 505.79m

8.9x

P/E Ratio

0.2x

P/B Ratio

Is 0FE2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0FE2 income statement (TTM)
Revenue	NOK 505.79m
Cost of Revenue	NOK 0
Gross Profit	NOK 505.79m
Other Expenses	NOK 426.64m
Earnings	NOK 79.14m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	34.50
Gross Margin	100.00%
Net Profit Margin	15.65%
Debt/Equity Ratio	156.4%

How did 0FE2 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

55%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/06 18:01
End of Day Share Price	2025/01/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Skue Sparebank is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christian Berner	Beringer Finance AB
Geir Kristiansen	Beringer Finance AB
Žilvinas Jusaitis	Norne Securities AS

Skue Sparebank LSE:0FE2 Stock Report