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Nova Ljubljanska Banka d.d

LSE:55VX
Snowflake Description

Undervalued with adequate balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
55VX
LSE
€1B
Market Cap
  1. Home
  2. GB
  3. Banks
Company description

Nova Ljubljanska banka d.d., together with its subsidiaries, provides various banking and financial services in Slovenia, South East Europe, Western Europe, and the Czech Republic. The last earnings update was 13 days ago. More info.


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55VX Share Price and Events
7 Day Returns
0%
LSE:55VX
-1.3%
GB Banks
1.2%
GB Market
1 Year Returns
-
LSE:55VX
-9.9%
GB Banks
2.5%
GB Market
55VX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nova Ljubljanska Banka d.d (55VX) 0% -4% - - - -
GB Banks -1.3% 6.6% 5.5% -9.9% 14.8% -12.4%
GB Market 1.2% 5.3% 9.8% 2.5% 16.9% 6.7%
1 Year Return vs Industry and Market
  • No trading data on 55VX.
  • No trading data on 55VX.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Nova Ljubljanska Banka d.d's competitors could be found in our database.

55VX Value

 Is Nova Ljubljanska Banka d.d undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Nova Ljubljanska Banka d.d to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Nova Ljubljanska Banka d.d.

LSE:55VX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 4 analysts.
= Stable Book Value * Return on Equity
= €87.33 * 10.9%
€9.54
Book Value of Equity per Share Weighted future Book Value estimates from 3 analysts. €87.33
Discount Rate (Cost of Equity) See below 6.2%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:55VX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.595 (1 + (1- 19%) (31.25%))
0.83
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.83 * 5.96%)
6.17%

Discounted Cash Flow Calculation for LSE:55VX using Excess Returns Model Model

The calculations below outline how an intrinsic value for Nova Ljubljanska Banka d.d is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:55VX Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10.9% – 6.17%) * €87.33)
€4.15
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €4.15 / (6.17% - 1.23%)
€83.98
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €87.33 + €83.98
€171.32
LSE:55VX Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:55VX represents 0.19672x of LJSE:NLBR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.19672x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 171.32 x 0.19672
€33.70
Value per share (EUR) From above. €33.70
Current discount Discount to share price of €12.00
= -1 x (€12.00 - €33.70) / €33.70
64.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Nova Ljubljanska Banka d.d is available for.
Intrinsic value
>50%
Share price is €12 vs Future cash flow value of €33.7
Current Discount Checks
For Nova Ljubljanska Banka d.d to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Nova Ljubljanska Banka d.d's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Nova Ljubljanska Banka d.d's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nova Ljubljanska Banka d.d's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nova Ljubljanska Banka d.d's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:55VX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €10.18
LJSE:NLBR Share Price ** LJSE (2019-04-12) in EUR €61
United Kingdom of Great Britain and Northern Ireland Banks Industry PE Ratio Median Figure of 15 Publicly-Listed Banks Companies 9.92x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.3x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nova Ljubljanska Banka d.d.

LSE:55VX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LJSE:NLBR Share Price ÷ EPS (both in EUR)

= 61 ÷ 10.18

5.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nova Ljubljanska Banka d.d is good value based on earnings compared to the GB Banks industry average.
  • Nova Ljubljanska Banka d.d is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Nova Ljubljanska Banka d.d's expected growth come at a high price?
Raw Data
LSE:55VX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
-1.2%per year
United Kingdom of Great Britain and Northern Ireland Banks Industry PEG Ratio Median Figure of 14 Publicly-Listed Banks Companies 0.84x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 566 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

LSE:55VX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.99x ÷ -1.2%

-5.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nova Ljubljanska Banka d.d earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nova Ljubljanska Banka d.d's assets?
Raw Data
LSE:55VX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €80.81
LJSE:NLBR Share Price * LJSE (2019-04-12) in EUR €61
United Kingdom of Great Britain and Northern Ireland Banks Industry PB Ratio Median Figure of 16 Publicly-Listed Banks Companies 0.87x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.52x
LSE:55VX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LJSE:NLBR Share Price ÷ Book Value per Share (both in EUR)

= 61 ÷ 80.81

0.75x

* Primary Listing of Nova Ljubljanska Banka d.d.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nova Ljubljanska Banka d.d is good value based on assets compared to the GB Banks industry average.
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Value checks
We assess Nova Ljubljanska Banka d.d's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Nova Ljubljanska Banka d.d has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

55VX Future Performance

 How is Nova Ljubljanska Banka d.d expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-1.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nova Ljubljanska Banka d.d expected to grow at an attractive rate?
  • Nova Ljubljanska Banka d.d's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Nova Ljubljanska Banka d.d's earnings are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
  • Nova Ljubljanska Banka d.d's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:55VX Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:55VX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts -1.2%
LSE:55VX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 1.4%
United Kingdom of Great Britain and Northern Ireland Banks Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
United Kingdom of Great Britain and Northern Ireland Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:55VX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:55VX Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 183
2022-12-31 178
2021-12-31 559 195 4
2020-12-31 532 185 4
2019-12-31 507 181 4
LSE:55VX Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 548 149 204
2018-09-30 542 -78 199
2018-06-30 544 -513 212
2018-03-31 527 -505 201
2018-01-01 557 -271 225
2017-09-30 520 -325 203
2017-06-30 496 55 158
2017-03-31 480 218 139
2016-12-31 455 41 110
2016-09-30 458 -3 106
2016-06-30 455 -88 108
2016-03-31 469 -72 119

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Nova Ljubljanska Banka d.d's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Nova Ljubljanska Banka d.d's revenue is expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:55VX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Nova Ljubljanska Banka d.d Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:55VX Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 9.81 11.30 8.60 3.00
2020-12-31 9.41 10.41 8.70 3.00
2019-12-31 9.23 9.76 8.70 3.00
LSE:55VX Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 10.18
2018-09-30 9.97
2018-06-30 10.59
2018-03-31 10.05
2018-01-01 11.25
2017-09-30 10.13
2017-06-30 7.93
2017-03-31 6.97
2016-12-31 5.50
2016-09-30 5.29
2016-06-30 5.40
2016-03-31 5.95

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Nova Ljubljanska Banka d.d is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Nova Ljubljanska Banka d.d's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nova Ljubljanska Banka d.d has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

55VX Past Performance

  How has Nova Ljubljanska Banka d.d performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nova Ljubljanska Banka d.d's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nova Ljubljanska Banka d.d has delivered over 20% year on year earnings growth in the past 5 years.
  • Nova Ljubljanska Banka d.d's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Nova Ljubljanska Banka d.d's 1-year earnings growth is negative, it can't be compared to the GB Banks industry average.
Earnings and Revenue History
Nova Ljubljanska Banka d.d's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nova Ljubljanska Banka d.d Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:55VX Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 548.37 203.65 288.66
2018-09-30 542.02 199.40 282.44
2018-06-30 544.01 212.00 280.82
2018-03-31 527.09 201.20 281.81
2018-01-01 556.58 225.07 284.71
2017-09-30 520.15 202.54 283.18
2017-06-30 495.77 158.45 285.81
2017-03-31 479.73 139.44 285.96
2016-12-31 454.95 110.02 289.51
2016-09-30 457.85 105.72 278.95
2016-06-30 454.90 108.04 279.49
2016-03-31 468.71 119.06 281.59
2015-12-31 435.08 91.91 281.72
2015-09-30 442.88 92.14 280.28
2015-06-30 423.05 81.68 282.75
2015-03-31 410.31 58.75 286.21
2014-12-31 426.16 62.34 288.00
2014-09-30 -537.08 -1,100.23 297.83
2014-06-30 -711.27 -1,316.37 305.29
2014-03-31 -829.87 -1,412.30 308.69
2013-12-31 -865.57 -1,441.56 316.99
2013-09-30 -264.42 -583.23 339.37
2013-06-30 -94.76 -398.05 343.63
2013-03-31 118.82 -239.59 361.04
2012-12-31 102.83 -273.51 368.15
2012-09-30 319.34 -126.63 372.05
2012-06-30 198.08 -206.79 373.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Nova Ljubljanska Banka d.d has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Nova Ljubljanska Banka d.d used its assets more efficiently than the GB Banks industry average last year based on Return on Assets.
  • Unable to establish if Nova Ljubljanska Banka d.d improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Nova Ljubljanska Banka d.d's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nova Ljubljanska Banka d.d has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

55VX Health

 How is Nova Ljubljanska Banka d.d's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Nova Ljubljanska Banka d.d's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nova Ljubljanska Banka d.d Company Filings, last reported 3 months ago.

LSE:55VX Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,657.44 381.28 743.59
2018-09-30 1,884.56 387.26 681.29
2018-06-30 1,834.58 386.25 769.75
2018-03-31 1,792.31 404.27 838.01
2018-01-01 1,734.28 416.28 1,329.92
2017-09-30 1,644.59 435.41 837.10
2017-06-30 1,569.06 738.86 785.89
2017-03-31 1,597.75 757.39 1,050.24
2016-12-31 1,525.66 808.07 761.25
2016-09-30 1,516.12 842.12 1,161.53
2016-06-30 1,524.57 899.22 1,179.75
2016-03-31 1,510.92 1,051.61 1,352.84
2015-12-31 1,450.38 1,067.36 1,039.53
2015-09-30 1,433.79 1,108.99 1,087.13
2015-06-30 1,406.09 1,166.15 1,060.95
2015-03-31 1,402.55 1,258.60 908.54
2014-12-31 1,369.30 1,316.31 926.48
2014-09-30 1,358.90 1,427.65 1,161.00
2014-06-30 1,343.63 1,188.88 1,042.96
2014-03-31 1,326.37 1,296.26 870.88
2013-12-31 1,271.00 2,709.89 800.39
2013-09-30 844.87 1,797.53 872.16
2013-06-30 1,044.31 2,188.16 915.11
2013-03-31 1,132.71 2,372.23 928.01
2012-12-31 1,144.98 2,524.32 931.17
2012-09-30 1,410.68 2,684.08 860.89
2012-06-30 1,047.97 3,699.15 1,372.56
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Nova Ljubljanska Banka d.d has an acceptable proportion of non-loan assets held.
  • Nova Ljubljanska Banka d.d's liabilities are made up of primarily low risk sources of funding.
  • Loans at Nova Ljubljanska Banka d.d are broadly funded by customer deposits.
  • Nova Ljubljanska Banka d.d's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Nova Ljubljanska Banka d.d has a low allowance for bad loans.
  • Nova Ljubljanska Banka d.d has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Nova Ljubljanska Banka d.d's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nova Ljubljanska Banka d.d has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

55VX Dividends

 What is Nova Ljubljanska Banka d.d's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
11.69%
Current annual income from Nova Ljubljanska Banka d.d dividends. Estimated to be 10.42% next year.
If you bought €2,000 of Nova Ljubljanska Banka d.d shares you are expected to receive €234 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Nova Ljubljanska Banka d.d's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.02%).
  • Nova Ljubljanska Banka d.d's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.1%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:55VX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Banks Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:55VX Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 5.64 1.00
2022-12-31 5.73 1.00
2021-12-31 6.36 2.00
2020-12-31 6.60 4.00
2019-12-31 6.45 4.00
LSE:55VX Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-12 7.130 11.539
2019-01-15 7.130 11.408
2018-11-30 0.000 0.000
2018-11-14 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Nova Ljubljanska Banka d.d has stable dividend payments.
  • Nova Ljubljanska Banka d.d only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Nova Ljubljanska Banka d.d's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess Nova Ljubljanska Banka d.d's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nova Ljubljanska Banka d.d afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nova Ljubljanska Banka d.d has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

55VX Management

 What is the CEO of Nova Ljubljanska Banka d.d's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Blaž Brodnjak
COMPENSATION €189,565
AGE 44
TENURE AS CEO 3.2 years
CEO Bio

Mr. Blaz Brodnjak serves as President, CEO and CMO at Nova Ljubljanska banka d.d., Ljubljana and its President of the Management Board since July 6, 2016. He was Vice Chairman of Management Board at Nova Ljubljanska banka d.d., Ljubljana. Until end-November 2012, Mr. Brodnjak was Head of Group Corporate and Public Finance Division in the Hypo Alpe-Adria Group in Klagenfurt for two years. Before that he was a proxy of the Management Board of Zavarovalnica Triglav for more than a year and he acted as a Management Board member at BAWAG banka d.d. for four years. From March 2003 to January 2005 he was Head of Corporate Sales Division at RAIFFEISEN BANKA d.d. and between October 2001 and February 2003 he was in charge of Corporate Sales Division at the then Bank Austria Creditanstalt d.d. (now Unicredit bank d.d.). This is where he started his banking career in the year 2000, whereas his business career started in 1998 in the company Publikum. In 2009 he finished his MBA studies with honours at IEDC Bled School of Management and in 1998 he graduated at the University of Ljubljana, Faculty of Economics. Apart from his regular work he also acted as a Supervisory Board member at eleven banking, three insurance and one manufacturing companies.

CEO Compensation
  • Blaž's compensation has been consistent with company performance over the past year.
  • Blaž's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Nova Ljubljanska Banka d.d management team in years:

3.3
Average Tenure
47
Average Age
  • The tenure for the Nova Ljubljanska Banka d.d management team is about average.
Management Team

Blaž Brodnjak

TITLE
President of the Management Board
COMPENSATION
€190K
AGE
44
TENURE
3.2 yrs

Archibald Kremser

TITLE
CFO & Member of Management Board
COMPENSATION
€207K
AGE
47
TENURE
5.8 yrs

Andreas Burkhardt

TITLE
Chief Risk Officer & Member of Management Board
COMPENSATION
€208K
AGE
47
TENURE
3.3 yrs

László Pelle

TITLE
COO & Member of Management Board
COMPENSATION
€200K
AGE
52

Marko Jeric

TITLE
General Manager of Legal & Secretariat

rremAndrej Krajner

TITLE
General Manager of Communication

Vesna Vodopivec

TITLE
General Manager of Human Resources & Organisation Development

Irena Cuk

TITLE
Head of Customer Relationship Management and Marketing Communication

Nada Drobnic

TITLE
General Manager of Customer Support & Contact Centre

Branka Klinar

TITLE
Head of Sales Performance Monitoring
Board of Directors Tenure

Average tenure and age of the Nova Ljubljanska Banka d.d board of directors in years:

2.7
Average Tenure
56
Average Age
  • The average tenure for the Nova Ljubljanska Banka d.d board of directors is less than 3 years, this suggests a new board.
Board of Directors

Primož Karpe

TITLE
Supervisory Board Chairman
COMPENSATION
€53K
AGE
48
TENURE
3 yrs

Andreas Klingen

TITLE
Deputy Chairman
COMPENSATION
€44K
AGE
54
TENURE
2.3 yrs

David Simon

TITLE
Supervisory Board Member
COMPENSATION
€48K
AGE
70
TENURE
2.7 yrs

Laszlo Urban

TITLE
Supervisory Board Member
COMPENSATION
€34K
AGE
59
TENURE
3.2 yrs

Alexander Bayr

TITLE
Supervisory Board Member
COMPENSATION
€38K
AGE
58
TENURE
2.7 yrs

Peter Groznik

TITLE
Supervisory Board Member
COMPENSATION
€29K
AGE
47
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Nova Ljubljanska Banka d.d's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nova Ljubljanska Banka d.d has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

55VX News

Simply Wall St News

55VX Company Info

Description

Nova Ljubljanska banka d.d., together with its subsidiaries, provides various banking and financial services in Slovenia, South East Europe, Western Europe, and the Czech Republic. The company operates through Corporate Banking in Slovenia, Retail Banking in Slovenia, Financial Markets in Slovenia, Foreign Strategic Markets, Non-Strategic Markets and Activities, and Other Activities segments. It accepts deposits and business accounts; and offers loans, guarantees, letters of credit, and credit and debit cards. The company also provides life and non-life insurance products; and treasury, asset liability management, financial instruments trading, brokerage, securities custody, financial advisory, and real estate management services. In addition, it offers tourist and catering trade services. The company operates through a network of 108 branch offices and 557 ATMs in Slovenia. Nova Ljubljanska banka d.d. was founded in 1889 and is headquartered in Ljubljana, Slovenia.

Details
Name: Nova Ljubljanska Banka d.d.
55VX
Exchange: LSE
Founded: 1889
€1,220,000,000
20,000,000
Website: http://www.nlb.si
Address: Nova Ljubljanska Banka d.d.
Trg republike 2,
Ljubljana,
1520,
Slovenia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LJSE NLBR Ordinary Shares Ljubljana Stock Exchange SI EUR 14. Nov 2018
LSE NLB 5 GDR EACH REPR 1 ORD SHS SPON REG S London Stock Exchange GB EUR 14. Nov 2018
LSE 55VX GDR (5 GDR REPR 1 ORD) (144A) London Stock Exchange GB EUR 20. Feb 2019
DB N1V2 5 GDR EACH REPR 1 ORD SHS SPON REG S Deutsche Boerse AG DE EUR 14. Nov 2018
Number of employees
Current staff
Staff numbers
5,887
Nova Ljubljanska Banka d.d employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 23:27
End of day share price update: 2019/04/12 00:00
Last estimates confirmation: 2019/04/21
Last earnings filing: 2019/04/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.