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Kraft Bank OB:KRAB Stock Report

Last Price

NOK 8.90

Market Cap

NOK 373.8m

7D

1.1%

1Y

8.5%

Updated

24 Nov, 2024

Data

Company Financials +

KRAB Stock Overview

Provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway. More details

KRAB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends2/6

Kraft Bank ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kraft Bank
Historical stock prices
Current Share PriceNOK 8.90
52 Week HighNOK 9.45
52 Week LowNOK 8.00
Beta0.83
11 Month Change-1.11%
3 Month Change-0.56%
1 Year Change8.54%
33 Year Change-23.92%
5 Year Change-10.10%
Change since IPO5.95%

Recent News & Updates

Recent updates

Kraft Bank ASA's (OB:KRAB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Mar 02
Kraft Bank ASA's (OB:KRAB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Should You Be Adding Kraft Bank (OB:KRAB) To Your Watchlist Today?

Feb 07
Should You Be Adding Kraft Bank (OB:KRAB) To Your Watchlist Today?

Did Kraft Bank's (OB:KRAB) Share Price Deserve to Gain 21%?

Dec 11
Did Kraft Bank's (OB:KRAB) Share Price Deserve to Gain 21%?

Shareholder Returns

KRABNO BanksNO Market
7D1.1%-0.2%1.1%
1Y8.5%15.1%2.9%

Return vs Industry: KRAB underperformed the Norwegian Banks industry which returned 15.1% over the past year.

Return vs Market: KRAB exceeded the Norwegian Market which returned 2.9% over the past year.

Price Volatility

Is KRAB's price volatile compared to industry and market?
KRAB volatility
KRAB Average Weekly Movement4.4%
Banks Industry Average Movement2.8%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.6%

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

Volatility Over Time: KRAB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201644Svein Forlandkraftbank.no

Kraft Bank ASA provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway. It also offers deposit products and advisory services. Kraft Bank ASA was founded in 2016 and is based in Sandnes, Norway.

Kraft Bank ASA Fundamentals Summary

How do Kraft Bank's earnings and revenue compare to its market cap?
KRAB fundamental statistics
Market capNOK 373.80m
Earnings (TTM)NOK 19.76m
Revenue (TTM)NOK 115.60m

18.9x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRAB income statement (TTM)
RevenueNOK 115.60m
Cost of RevenueNOK 0
Gross ProfitNOK 115.60m
Other ExpensesNOK 95.85m
EarningsNOK 19.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin100.00%
Net Profit Margin17.09%
Debt/Equity Ratio9.0%

How did KRAB perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

64%

Payout Ratio