MELG Stock Overview
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Melhus Sparebank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr156.00 |
| 52 Week High | kr171.00 |
| 52 Week Low | kr152.50 |
| Beta | 0.20 |
| 1 Month Change | -2.50% |
| 3 Month Change | -3.70% |
| 1 Year Change | 0% |
| 3 Year Change | 12.23% |
| 5 Year Change | 24.80% |
| Change since IPO | 41.82% |
Recent News & Updates
Recent updates
One Melhus Sparebank (OB:MELG) Analyst Just Made A Major Cut To Next Year's Estimates
Feb 29
Need To Know: One Analyst Is Much More Bullish On Melhus Sparebank (OB:MELG) Revenues
Apr 27Downgrade: What You Need To Know About The Latest Melhus Sparebank (OB:MELG) Forecasts
Nov 18One Analyst Thinks Melhus Sparebank's (OB:MELG) Revenues Are Under Threat
Aug 07News Flash: One Analyst Just Made A Sizeable Upgrade To Their Melhus Sparebank (OB:MELG) Forecasts
Apr 28One Analyst's Revenue Estimates For Melhus Sparebank (OB:MELG) Are Surging Higher
Aug 04How Much is Melhus Sparebank's (OB:MELG) CEO Getting Paid?
Feb 17
Are Dividend Investors Getting More Than They Bargained For With Melhus Sparebank's (OB:MELG) Dividend?
Dec 15Shareholder Returns
| MELG | NO Banks | NO Market | |
|---|---|---|---|
| 7D | 1.8% | -2.3% | -1.7% |
| 1Y | 0% | 5.7% | 1.8% |
Return vs Industry: MELG underperformed the Norwegian Banks industry which returned 5.7% over the past year.
Return vs Market: MELG underperformed the Norwegian Market which returned 1.8% over the past year.
Price Volatility
| MELG volatility | |
|---|---|
| MELG Average Weekly Movement | 2.3% |
| Banks Industry Average Movement | 2.9% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 2.9% |
Stable Share Price: MELG has not had significant price volatility in the past 3 months.
Volatility Over Time: MELG's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1840 | 69 | Ragnar Torland | www.melhusbanken.no |
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; savings and pension products; payment services; and online and mobile banking services.
Melhus Sparebank Fundamentals Summary
| MELG fundamental statistics | |
|---|---|
| Market cap | kr433.09m |
| Earnings (TTM) | kr44.68m |
| Revenue (TTM) | kr319.63m |
9.7x
P/E Ratio0.3x
P/B RatioIs MELG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MELG income statement (TTM) | |
|---|---|
| Revenue | kr319.63m |
| Cost of Revenue | kr0 |
| Gross Profit | kr319.63m |
| Other Expenses | kr274.95m |
| Earnings | kr44.68m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 16.09 |
| Gross Margin | 100.00% |
| Net Profit Margin | 13.98% |
| Debt/Equity Ratio | 156.8% |
How did MELG perform over the long term?
See historical performance and comparison