MELG Stock Overview
A savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
My Notes
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Melhus Sparebank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 161.60 |
| 52 Week High | NOK 171.00 |
| 52 Week Low | NOK 151.60 |
| Beta | 0.20 |
| 1 Month Change | -0.25% |
| 3 Month Change | 4.26% |
| 1 Year Change | 1.00% |
| 3 Year Change | 6.32% |
| 5 Year Change | 14.61% |
| Change since IPO | 46.91% |
Recent News & Updates
Recent updates
News Flash: One Analyst Just Made A Notable Upgrade To Their Melhus Sparebank (OB:MELG) Forecasts
Aug 02
One Melhus Sparebank (OB:MELG) Analyst Just Made A Major Cut To Next Year's Estimates
Feb 29Need 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 | 0.4% | 0.6% | -2.4% |
| 1Y | 1.0% | 12.4% | -0.3% |
Return vs Industry: MELG underperformed the Norwegian Banks industry which returned 12.1% over the past year.
Return vs Market: MELG exceeded the Norwegian Market which returned -0.1% over the past year.
Price Volatility
| MELG volatility | |
|---|---|
| MELG Average Weekly Movement | 1.7% |
| Banks Industry Average Movement | 2.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 11.2% |
| 10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: MELG has not had significant price volatility in the past 3 months compared to the Norwegian market.
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 | NOK 448.64m |
| Earnings (TTM) | NOK 36.13m |
| Revenue (TTM) | NOK 332.40m |
12.4x
P/E Ratio0.3x
P/B RatioIs MELG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MELG income statement (TTM) | |
|---|---|
| Revenue | NOK 332.40m |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 332.40m |
| Other Expenses | NOK 296.26m |
| Earnings | NOK 36.13m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 13.01 |
| Gross Margin | 100.00% |
| Net Profit Margin | 10.87% |
| Debt/Equity Ratio | 151.4% |
How did MELG perform over the long term?
See historical performance and comparisonDividends
7.7%
Current Dividend Yield98%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 16:00 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Melhus Sparebank is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Žilvinas Jusaitis | Norne Securities AS |
| Vegard Toverud | Pareto Securities |