Skue Sparebank

LSE:0FE2 Stock Report

Market Cap: NOK 591.6m

Skue Sparebank Valuation

Is 0FE2 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 0FE2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0FE2 (NOK253.95) is trading below our estimate of fair value (NOK1364.88)

Significantly Below Fair Value: 0FE2 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0FE2?

Key metric: As 0FE2 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0FE2. This is calculated by dividing 0FE2's market cap by their current earnings.
What is 0FE2's PE Ratio?
PE Ratio7.5x
EarningsNOK 79.14m
Market CapNOK 591.58m

Price to Earnings Ratio vs Peers

How does 0FE2's PE Ratio compare to its peers?

The above table shows the PE ratio for 0FE2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.1x
STB Secure Trust Bank
2.8x32.7%UK£74.8m
ARBB Arbuthnot Banking Group
4.9x8.7%UK£149.8m
OAKV Oak View Bankshares
10.1xn/aUS$42.5m
SLRK Solera National Bancorp
2.6xn/aUS$42.2m
0FE2 Skue Sparebank
7.5x21.1%NOK 591.6m

Price-To-Earnings vs Peers: 0FE2 is expensive based on its Price-To-Earnings Ratio (7.5x) compared to the peer average (5.1x).

Price to Earnings Ratio vs Industry

How does 0FE2's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0FE2 7.5xIndustry Avg. 7.2xNo. of Companies45PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0FE2 is expensive based on its Price-To-Earnings Ratio (7.5x) compared to the European Banks industry average (7.2x).

Price to Earnings Ratio vs Fair Ratio

What is 0FE2'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.

0FE2 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0FE2'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.

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