Komplett Bank ASA provides unsecured financing to private individuals in the Norwegian, Sweden, Finland, and German markets.
Komplett Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr8.39|
|52 Week High||kr6.14|
|52 Week Low||kr10.92|
|1 Month Change||0.72%|
|3 Month Change||-5.31%|
|1 Year Change||32.96%|
|3 Year Change||-54.40%|
|5 Year Change||-47.89%|
|Change since IPO||52.54%|
Recent News & Updates
|KOMP||NO Banks||NO Market|
Return vs Industry: KOMP underperformed the Norwegian Banks industry which returned 45.1% over the past year.
Return vs Market: KOMP exceeded the Norwegian Market which returned 26.4% over the past year.
Stable Share Price: KOMP is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KOMP's weekly volatility (5%) has been stable over the past year.
About the Company
Komplett Bank ASA provides unsecured financing to private individuals in the Norwegian, Sweden, Finland, and German markets. It offers deposit products, consumer loans, credit cards, and point of sale finance products. The company was formerly known as AlfaB Prosjekt ASA and changed its name to Komplett Bank ASA in 2014.
Komplett Bank Fundamentals Summary
|KOMP fundamental statistics|
Is KOMP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KOMP income statement (TTM)|
|Cost of Revenue||kr0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||1.30|
|Net Profit Margin||33.23%|
How did KOMP perform over the long term?See historical performance and comparison
8.3%Current Dividend Yield
Is Komplett Bank 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: KOMP (NOK8.39) is trading below our estimate of fair value (NOK23.06)
Significantly Below Fair Value: KOMP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KOMP is good value based on its PE Ratio (6.4x) compared to the Norwegian Banks industry average (11.3x).
PE vs Market: KOMP is good value based on its PE Ratio (6.4x) compared to the Norwegian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: KOMP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: KOMP's PB Ratio (0.7x) is in line with the NO Banks industry average.
How is Komplett Bank 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: KOMP's earnings are forecast to decline over the next 3 years (-4.5% per year).
Earnings vs Market: KOMP's earnings are forecast to decline over the next 3 years (-4.5% per year).
High Growth Earnings: KOMP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KOMP's revenue (13% per year) is forecast to grow faster than the Norwegian market (5.6% per year).
High Growth Revenue: KOMP's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KOMP's Return on Equity is forecast to be low in 3 years time (10%).
How has Komplett Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KOMP has a high level of non-cash earnings.
Growing Profit Margin: KOMP's current net profit margins (33.2%) are higher than last year (28.3%).
Past Earnings Growth Analysis
Earnings Trend: KOMP's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: KOMP's earnings growth over the past year (31.3%) exceeds its 5-year average (8.7% per year).
Earnings vs Industry: KOMP earnings growth over the past year (31.3%) exceeded the Banks industry 26.4%.
Return on Equity
High ROE: KOMP's Return on Equity (11%) is considered low.
How is Komplett Bank'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: KOMP's Assets to Equity ratio (5.1x) is low.
Allowance for Bad Loans: KOMP has a low allowance for bad loans (55%).
Low Risk Liabilities: 98% of KOMP's liabilities are made up of primarily low risk sources of funding.
Loan Level: KOMP has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: KOMP's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: KOMP has a high level of bad loans (23.5%).
What is Komplett Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KOMP's dividend (8.34%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.84%).
High Dividend: KOMP's dividend (8.34%) is in the top 25% of dividend payers in the Norwegian market (5.16%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether KOMP's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if KOMP's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.1%), KOMP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KOMP's dividends in 3 years are forecast to be covered by earnings (89.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Eirik Holtedahl serves as Interim Chief Executive Officer at Komplett Bank ASA since June 23, 2021. Mr. Holtedahl served as Director of Credit Cards at Komplett Bank ASA until June 23, 2021. Mr. Holted...
Experienced Management: KOMP's management team is considered experienced (2.3 years average tenure).
Experienced Board: KOMP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KOMP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Komplett Bank ASA's employee growth, exchange listings and data sources
- Name: Komplett Bank ASA
- Ticker: KOMP
- Exchange: OB
- Founded: 2012
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: kr1.569b
- Shares outstanding: 186.97m
- Website: https://www.komplettbank.no
Number of Employees
- Komplett Bank ASA
- Vollsveien 2A
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 16:20|
|End of Day Share Price||2021/09/24 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.