mybank (OTCNO:HEBANK) - Stock Price, News & Analysis

HEBANK Stock Overview

Provides banking products and services in Norway.

HEBANK fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 73.5% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (NOK100M)

Shares are highly illiquid

Does not have meaningful revenue (NOK16M)

mybank ASA Competitors

Axactor

OB:ACR

NOK 1.3b

B2 Impact

OB:B2I

NOK 3.6b

Huddlestock Fintech

OB:HUDL

NOK 127.9m

North Energy

OB:NORTH

NOK 307.2m

Price History & Performance

Summary of all time highs, changes and price drops for mybank
Historical stock prices
Current Share Price	NOK 10.00
52 Week High	NOK 0
52 Week Low	NOK 0
Beta	-0.14
11 Month Change	21.95%
3 Month Change	n/a
1 Year Change	-37.50%
33 Year Change	-75.90%
5 Year Change	-81.48%
Change since IPO	-98.02%

Recent updates

Shareholder Returns

	HEBANK	NO Consumer Finance	NO Market
7D	0%	1.5%	-1.3%
1Y	-37.5%	20.1%	1.8%

Return vs Industry: HEBANK underperformed the Norwegian Consumer Finance industry which returned 20.1% over the past year.

Return vs Market: HEBANK underperformed the Norwegian Market which returned 1.8% over the past year.

Price Volatility

Is HEBANK's price volatile compared to industry and market?
HEBANK volatility
HEBANK Average Weekly Movement	n/a
Consumer Finance Industry Average Movement	4.6%
Market Average Movement	4.9%
10% most volatile stocks in NO Market	10.5%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: HEBANK's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: Insufficient data to determine HEBANK's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2015	13	Caroline Stokke	www.mybank.no

mybank ASA provides banking products and services in Norway. It offers savings accounts; restart loans; and online banking services. The company was incorporated in 2015 and is based in Oslo, Norway.

mybank ASA Fundamentals Summary

How do mybank's earnings and revenue compare to its market cap?
HEBANK fundamental statistics
Market cap	NOK 100.35m
Earnings (TTM)	-NOK 42.45m
Revenue (TTM)	NOK 16.42m

6.1x

P/S Ratio

-2.4x

P/E Ratio

Is HEBANK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEBANK income statement (TTM)
Revenue	NOK 16.42m
Cost of Revenue	NOK 0
Gross Profit	NOK 16.42m
Other Expenses	NOK 58.87m
Earnings	-NOK 42.45m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-4.23
Gross Margin	100.00%
Net Profit Margin	-258.56%
Debt/Equity Ratio	0%

How did HEBANK perform over the long term?

See historical performance and comparison

mybank OTCNO:HEBANK Stock Report