| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
TFBANK Stock Overview
TF Bank AB (publ) provides consumer banking services and e-commerce solutions through a proprietary IT platform.
Rewards
Risk Analysis
No risks detected for TFBANK from our risk checks.
TF Bank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr143.20 |
| 52 Week High | kr256.50 |
| 52 Week Low | kr141.00 |
| Beta | 1.11 |
| 1 Month Change | -9.14% |
| 3 Month Change | -21.58% |
| 1 Year Change | -10.83% |
| 3 Year Change | 41.78% |
| 5 Year Change | 54.81% |
| Change since IPO | 68.47% |
Recent News & Updates
Do TF Bank's (STO:TFBANK) Earnings Warrant Your Attention?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Shareholder Returns
| TFBANK | SE Banks | SE Market | |
|---|---|---|---|
| 7D | -6.4% | -1.8% | -1.3% |
| 1Y | -10.8% | -9.3% | -23.6% |
Return vs Industry: TFBANK underperformed the Swedish Banks industry which returned -9.3% over the past year.
Return vs Market: TFBANK exceeded the Swedish Market which returned -23.6% over the past year.
Price Volatility
| TFBANK volatility | |
|---|---|
| TFBANK Average Weekly Movement | 6.4% |
| Banks Industry Average Movement | 5.1% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in SE Market | 12.2% |
| 10% least volatile stocks in SE Market | 4.7% |
Stable Share Price: TFBANK is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TFBANK's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 268 | Mattias Carlsson | https://www.tfbankgroup.com |
TF Bank AB (publ) provides consumer banking services and e-commerce solutions through a proprietary IT platform. The company operates in three segments: Consumer Lending, E-commerce Solutions, and Credit Cards. It provides savings accounts; unsecured consumer loans; and digital payment solutions, as well as credit cards.
TF Bank Fundamentals Summary
| TFBANK fundamental statistics | |
|---|---|
| Market Cap | kr3.08b |
| Earnings (TTM) | kr286.38m |
| Revenue (TTM) | kr859.34m |
10.8x
P/E Ratio2.0x
P/B RatioIs TFBANK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TFBANK income statement (TTM) | |
|---|---|
| Revenue | kr859.34m |
| Cost of Revenue | kr0 |
| Gross Profit | kr859.34m |
| Other Expenses | kr572.96m |
| Earnings | kr286.38m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 12, 2022
| Earnings per share (EPS) | 13.32 |
| Gross Margin | 100.00% |
| Net Profit Margin | 33.32% |
| Debt/Equity Ratio | 13.1% |
How did TFBANK perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield8%
Payout RatioValuation
Is TFBANK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TFBANK?
Other financial metrics that can be useful for relative valuation.
| What is TFBANK's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | kr3.08b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 0.6x |
Price to Earnings Ratio vs Peers
How does TFBANK's PE Ratio compare to its peers?
| TFBANK PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 8.1x |
Price-To-Earnings vs Peers: TFBANK is expensive based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (8.1x).
Price to Earnings Ratio vs Industry
How does TFBANK's PE Ratio compare vs other companies in the Banks Industry?
Price-To-Earnings vs Industry: TFBANK is expensive based on its Price-To-Earnings Ratio (10.8x) compared to the Swedish Banks industry average (8.5x)
Price to Earnings Ratio vs Fair Ratio
What is TFBANK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 10.8x |
| Fair PE Ratio | 11.6x |
Price-To-Earnings vs Fair Ratio: TFBANK is good value based on its Price-To-Earnings Ratio (10.8x) compared to the estimated Fair Price-To-Earnings Ratio (11.6x).
Share Price vs Fair Value
What is the Fair Price of TFBANK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TFBANK (SEK143.2) is trading below our estimate of fair value (SEK396.01)
Significantly Below Fair Value: TFBANK is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: TFBANK is good value based on its PEG Ratio (0.6x)
Discover undervalued companies
Future Growth
How is TF Bank forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
18.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TFBANK's forecast earnings growth (18.3% per year) is above the savings rate (0.3%).
Earnings vs Market: TFBANK's earnings (18.3% per year) are forecast to grow faster than the Swedish market (9.8% per year).
High Growth Earnings: TFBANK's earnings are forecast to grow, but not significantly.
Revenue vs Market: TFBANK's revenue (27.6% per year) is forecast to grow faster than the Swedish market (5.6% per year).
High Growth Revenue: TFBANK's revenue (27.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TFBANK's Return on Equity is forecast to be high in 3 years time (26.4%)
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Past Performance
How has TF Bank performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
12.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TFBANK has high quality earnings.
Growing Profit Margin: TFBANK's current net profit margins (33.3%) are lower than last year (34.2%).
Past Earnings Growth Analysis
Earnings Trend: TFBANK's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: TFBANK's earnings growth over the past year (27.5%) exceeds its 5-year average (12.9% per year).
Earnings vs Industry: TFBANK earnings growth over the past year (27.5%) underperformed the Banks industry 30.5%.
Return on Equity
High ROE: TFBANK's Return on Equity (19.6%) is considered low.
Discover strong past performing companies
Financial Health
How is TF Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
4/6Financial Health Score 4/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TFBANK's Assets to Equity ratio (10.6x) is moderate.
Allowance for Bad Loans: TFBANK has a low allowance for bad loans (77%).
Low Risk Liabilities: 97% of TFBANK's liabilities are made up of primarily low risk sources of funding.
Loan Level: TFBANK has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: TFBANK's Loans to Deposits ratio (83%) is appropriate.
Level of Bad Loans: TFBANK has a high level of bad loans (5.4%).
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Dividend
What is TF Bank current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TFBANK's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.67%).
High Dividend: TFBANK's dividend (0.7%) is low compared to the top 25% of dividend payers in the Swedish market (5.41%).
Stability and Growth of Payments
Stable Dividend: TFBANK is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.
Growing Dividend: TFBANK is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Earnings Coverage: TFBANK is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TFBANK's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Mattias Carlsson (49 yo)
4.58yrs
Tenure
kr6,125,000
Compensation
Mr. Mattias Carlsson served as Chairman of the Board at Hoist Finance AB (publ) since April 13, 2021 until February 17, 2022. He has been Director at Monivent AB since May 2019. He has been Chief Executive...
CEO Compensation Analysis
Compensation vs Market: Mattias's total compensation ($USD604.85K) is about average for companies of similar size in the Swedish market ($USD563.24K).
Compensation vs Earnings: Mattias's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: TFBANK's management team is considered experienced (4.6 years average tenure).
Board Members
Experienced Board: TFBANK's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TF Bank AB (publ)'s employee growth, exchange listings and data sources
Key Information
- Name: TF Bank AB (publ)
- Ticker: TFBANK
- Exchange: OM
- Founded: 1987
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: kr3.079b
- Shares outstanding: 21.50m
- Website: https://www.tfbankgroup.com
Number of Employees
Location
- TF Bank AB (publ)
- PO Box 947
- Borås
- Västra Götaland County
- 501 10
- Sweden
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/26 00:00 |
| End of Day Share Price | 2022/06/23 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.