Flekkefjord Sparebank (OB:FFSB) - Stock Price, News & Analysis

FFSB Stock Overview

A savings bank, provides banking services for personal and corporate markets in Flekkefjord, Farsund, Hægebostad, Kvinesdal, Lindesnes, Lund, Lyngdal, Sirdal, and Sokndal. More details

FFSB fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	3/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 83.8% below our estimate of its fair value

Earnings are forecast to grow 4.12% per year

Earnings have grown 25.6% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Does not have a meaningful market cap (NOK167M)

Flekkefjord Sparebank Competitors

Aasen Sparebank

OB:AASB

NOK 211.4m

Sogn Sparebank

OB:SOGN

NOK 158.0m

Nidaros Sparebank

OB:NISB

NOK 112.8m

Romerike Sparebank

OB:ROMER

NOK 356.7m

Price History & Performance

Summary of all time highs, changes and price drops for Flekkefjord Sparebank
Historical stock prices
Current Share Price	NOK 112.00
52 Week High	NOK 118.00
52 Week Low	NOK 107.98
Beta	0
11 Month Change	0.59%
3 Month Change	1.36%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-0.89%

Recent updates

Shareholder Returns

	FFSB	NO Banks	NO Market
7D	1.2%	0.8%	3.1%
1Y	n/a	15.8%	3.9%

Return vs Industry: Insufficient data to determine how FFSB performed against the Norwegian Banks industry.

Return vs Market: Insufficient data to determine how FFSB performed against the Norwegian Market.

Price Volatility

Is FFSB's price volatile compared to industry and market?
FFSB volatility
FFSB Average Weekly Movement	2.1%
Banks Industry Average Movement	2.7%
Market Average Movement	5.2%
10% most volatile stocks in NO Market	10.6%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: FFSB has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: FFSB's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1837	67	Heidi Flikka	flekkefjordsparebank.no

Flekkefjord Sparebank, a savings bank, provides banking services for personal and corporate markets in Flekkefjord, Farsund, Hægebostad, Kvinesdal, Lindesnes, Lund, Lyngdal, Sirdal, and Sokndal. It offers savings, current, association, and other deposit accounts; bank cards; mortgage, car, boat, cottage, construction, consumer, installment, agricultural loans, as well as liquidity loans with guarantee, guarantee, and leasing facilities. The company also provides life and health, house and contents, vehicle, travel and leisure, property, and liability insurance products; and trades in funds, shares, equity certificates, subscription rights, and ETF/ETNs.

Flekkefjord Sparebank Fundamentals Summary

How do Flekkefjord Sparebank's earnings and revenue compare to its market cap?
FFSB fundamental statistics
Market cap	NOK 166.50m
Earnings (TTM)	NOK 118.22m
Revenue (TTM)	NOK 276.67m

1.4x

P/E Ratio

0.1x

P/B Ratio

Is FFSB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FFSB income statement (TTM)
Revenue	NOK 276.67m
Cost of Revenue	NOK 0
Gross Profit	NOK 276.67m
Other Expenses	NOK 158.45m
Earnings	NOK 118.22m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	78.81
Gross Margin	100.00%
Net Profit Margin	42.73%
Debt/Equity Ratio	134.1%

How did FFSB perform over the long term?

See historical performance and comparison

Flekkefjord Sparebank OB:FFSB Stock Report