Skue Sparebank provides various banking products and services primarily in Norway. More Details
Undervalued with reasonable growth potential and pays a dividend.
Share Price & News
How has Skue Sparebank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SKUE is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: SKUE's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SKUE underperformed the Norwegian Banks industry which returned 43.7% over the past year.
Return vs Market: SKUE underperformed the Norwegian Market which returned 32.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Skue Sparebank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StThe Case For Skue Sparebank (OB:SKUE): Could It Be A Nice Addition To Your Dividend Portfolio?
9 months ago | Simply Wall StHow Much is Skue Sparebank's (OB:SKUE) CEO Getting Paid?
Is Skue 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: SKUE (NOK183) is trading below our estimate of fair value (NOK685.48)
Significantly Below Fair Value: SKUE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SKUE is poor value based on its PE Ratio (10.9x) compared to the Norwegian Banks industry average (10.6x).
PE vs Market: SKUE is good value based on its PE Ratio (10.9x) compared to the Norwegian market (14.1x).
Price to Earnings Growth Ratio
PEG Ratio: SKUE is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: SKUE is good value based on its PB Ratio (0.2x) compared to the NO Banks industry average (0.6x).
How is Skue 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: SKUE's forecast earnings growth (25.1% per year) is above the savings rate (1.2%).
Earnings vs Market: SKUE's earnings (25.1% per year) are forecast to grow faster than the Norwegian market (15.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SKUE's revenue (6.5% per year) is forecast to grow faster than the Norwegian market (4.4% per year).
High Growth Revenue: SKUE's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SKUE's Return on Equity is forecast to be low in 3 years time (10.1%).
How has Skue Sparebank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKUE has high quality earnings.
Growing Profit Margin: SKUE's current net profit margins (10.7%) are higher than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: SKUE's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: SKUE's earnings growth over the past year (56%) exceeds its 5-year average (-2.3% per year).
Earnings vs Industry: SKUE earnings growth over the past year (56%) exceeded the Banks industry 18.7%.
Return on Equity
High ROE: SKUE's Return on Equity (7.2%) is considered low.
How is Skue 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: SKUE's Assets to Equity ratio (8.8x) is low.
Allowance for Bad Loans: Insufficient data to determine if SKUE has a sufficient allowance for bad loans.
Low Risk Liabilities: 75% of SKUE's liabilities are made up of primarily low risk sources of funding.
Loan Level: SKUE has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: SKUE's Loans to Deposits ratio (127%) is high.
Level of Bad Loans: Insufficient data to determine if SKUE has an appropriate level of bad loans.
What is Skue Sparebank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SKUE's dividend (3.28%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.87%).
High Dividend: SKUE's dividend (3.28%) is low compared to the top 25% of dividend payers in the Norwegian market (5.05%).
Stability and Growth of Payments
Stable Dividend: SKUE's dividend payments have been volatile in the past 10 years.
Growing Dividend: SKUE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.8%), SKUE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SKUE's dividends in 3 years are forecast to be covered by earnings (52.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hans Glesne (47 yo)
Mr. Hans Kristian Glesne serves as a Bank Manager of Skue Sparebank and served as its Chief Executive Officer. Mr. Glesne serves as Chairman of Eika Gruppen AS since 2019. He served as a Director of Eika F...
CEO Compensation Analysis
Compensation vs Market: Hans's total compensation ($USD430.90K) is about average for companies of similar size in the Norwegian market ($USD350.19K).
Compensation vs Earnings: Hans's compensation has been consistent with company performance over the past year.
Experienced Board: SKUE's board of directors are considered experienced (7.4 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.1%.
Skue Sparebank's company bio, employee growth, exchange listings and data sources
- Name: Skue Sparebank
- Ticker: SKUE
- Exchange: OB
- Founded: 1842
- Industry: Regional Banks
- Sector: Banks
- Market Cap: kr382.883m
- Shares outstanding: 2.09m
- Website: https://skuesparebank.no
Number of Employees
- Skue Sparebank
- Geilovegen 34
Skue Sparebank provides various banking products and services primarily in Norway. The company offers savings accounts; retirement pension products and investor services; car and other vehicle loans, mortg...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/21 17:47|
|End of Day Share Price||2021/06/21 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.