Jæren Sparebank provides various financial products and services in Norway. More Details
Undervalued with mediocre balance sheet.
Share Price & News
How has Jæren Sparebank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JAREN is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: JAREN's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: JAREN underperformed the Norwegian Banks industry which returned 58.2% over the past year.
Return vs Market: JAREN underperformed the Norwegian Market which returned 36.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Jæren Sparebank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWe Wouldn't Be Too Quick To Buy Jæren Sparebank (OB:JAREN) Before It Goes Ex-Dividend
1 month ago | Simply Wall StJæren Sparebank (OB:JAREN) Has Gifted Shareholders With A Fantastic 114% Total Return On Their Investment
3 months ago | Simply Wall StIs Jæren Sparebank (OB:JAEREN) An Attractive Dividend Stock?
Is Jæren Sparebank 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: JAREN (NOK165) is trading below our estimate of fair value (NOK212.52)
Significantly Below Fair Value: JAREN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JAREN is poor value based on its PE Ratio (13.7x) compared to the Norwegian Banks industry average (11.2x).
PE vs Market: JAREN is good value based on its PE Ratio (13.7x) compared to the Norwegian market (14.8x).
Price to Earnings Growth Ratio
PEG Ratio: JAREN is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: JAREN is good value based on its PB Ratio (0.4x) compared to the NO Banks industry average (0.6x).
How is Jæren Sparebank 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: JAREN's forecast earnings growth (18.5% per year) is above the savings rate (1.2%).
Earnings vs Market: JAREN's earnings (18.5% per year) are forecast to grow faster than the Norwegian market (17.2% per year).
High Growth Earnings: JAREN's earnings are forecast to grow, but not significantly.
Revenue vs Market: JAREN's revenue (2.4% per year) is forecast to grow slower than the Norwegian market (4.5% per year).
High Growth Revenue: JAREN's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JAREN's Return on Equity is forecast to be low in 3 years time (6.3%).
How has Jæren Sparebank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JAREN has high quality earnings.
Growing Profit Margin: JAREN's current net profit margins (17.9%) are lower than last year (23.3%).
Past Earnings Growth Analysis
Earnings Trend: JAREN's earnings have declined by 0.9% per year over the past 5 years.
Accelerating Growth: JAREN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JAREN had negative earnings growth (-28.7%) over the past year, making it difficult to compare to the Banks industry average (19.2%).
Return on Equity
High ROE: JAREN's Return on Equity (5.6%) is considered low.
How is Jæren Sparebank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: JAREN's Assets to Equity ratio (7.6x) is low.
Allowance for Bad Loans: Insufficient data to determine if JAREN has a sufficient allowance for bad loans.
Low Risk Liabilities: 74% of JAREN's liabilities are made up of primarily low risk sources of funding.
Loan Level: JAREN has an appropriate level of Loans to Assets ratio (85%).
Low Risk Deposits: JAREN's Loans to Deposits ratio (133%) is high.
Level of Bad Loans: Insufficient data to determine if JAREN has an appropriate level of bad loans.
What is Jæren Sparebank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JAREN's dividend (4.55%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.9%).
High Dividend: JAREN's dividend (4.55%) is low compared to the top 25% of dividend payers in the Norwegian market (5.04%).
Stability and Growth of Payments
Stable Dividend: JAREN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JAREN's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.3%), JAREN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JAREN's dividends in 3 years are forecast to be covered by earnings (63.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Tor Lie (65 yo)
Mr. Tor Egil Lie has been a Managing Bank Director at Jaeren Sparebank since January 1, 2015 and serves as its Director. Mr. Lie serves as a Member of the Supervisory Board at Eika Forsikring AS. Mr. Lie s...
CEO Compensation Analysis
Compensation vs Market: Tor's total compensation ($USD543.13K) is above average for companies of similar size in the Norwegian market ($USD375.19K).
Compensation vs Earnings: Tor's compensation has been consistent with company performance over the past year.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Jæren Sparebank's company bio, employee growth, exchange listings and data sources
- Name: Jæren Sparebank
- Ticker: JAREN
- Exchange: OB
- Founded: NaN
- Industry: Regional Banks
- Sector: Banks
- Market Cap: kr811.799m
- Shares outstanding: 4.92m
- Website: https://www.jaerensparebank.no
Number of Employees
- Jæren Sparebank
- Jernbanegata 6
- PO Box 325
Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards ser...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/17 16:22|
|End of Day Share Price||2021/05/14 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.