Avanza Bank Holding AB (publ), together with its subsidiaries, provides online stock trading services in Sweden.
Outstanding track record average dividend payer.
Share Price & News
How has Avanza Bank Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AZA's share price has been volatile over the past 3 months.
7 Day Return
SE Capital Markets
1 Year Return
SE Capital Markets
Return vs Industry: AZA matched the Swedish Capital Markets industry which returned 100.6% over the past year.
Return vs Market: AZA exceeded the Swedish Market which returned 16.9% over the past year.
Price Volatility Vs. Market
How volatile is Avanza Bank Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAvanza Bank Holding AB (publ) (STO:AZA) Investors Are Less Pessimistic Than Expected
3 weeks ago | Simply Wall StPinning Down Avanza Bank Holding AB (publ)'s (STO:AZA) P/E Is Difficult Right Now
4 weeks ago | Simply Wall StBrokers Are Upgrading Their Views On Avanza Bank Holding AB (publ) (STO:AZA) With These New Forecasts
Is Avanza Bank Holding undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AZA (SEK163.5) is trading above our estimate of fair value (SEK92.89)
Significantly Below Fair Value: AZA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AZA is poor value based on its PE Ratio (29.7x) compared to the XE Capital Markets industry average (18.9x).
PE vs Market: AZA is poor value based on its PE Ratio (29.7x) compared to the Swedish market (22.1x).
Price to Earnings Growth Ratio
PEG Ratio: AZA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: AZA is overvalued based on its PB Ratio (11.6x) compared to the SE Capital Markets industry average (1.6x).
How is Avanza Bank Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AZA's earnings are forecast to decline over the next 3 years (-8.4% per year).
Earnings vs Market: AZA's earnings are forecast to decline over the next 3 years (-8.4% per year).
High Growth Earnings: AZA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: AZA's revenue is expected to decline over the next 3 years (-3.5% per year).
High Growth Revenue: AZA's revenue is forecast to decline over the next 3 years (-3.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AZA's Return on Equity is forecast to be high in 3 years time (27.4%)
How has Avanza Bank Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AZA has high quality earnings.
Growing Profit Margin: AZA's current net profit margins (43.3%) are higher than last year (27.8%).
Past Earnings Growth Analysis
Earnings Trend: AZA's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: AZA's earnings growth over the past year (138.2%) exceeds its 5-year average (8.5% per year).
Earnings vs Industry: AZA earnings growth over the past year (138.2%) exceeded the Capital Markets industry 20.7%.
Return on Equity
High ROE: AZA's Return on Equity (38.8%) is considered high.
How is Avanza Bank Holding's financial position?
Financial Position Analysis
Short Term Liabilities: AZA's short term assets (SEK18.0B) do not cover its short term liabilities (SEK46.9B).
Long Term Liabilities: AZA's short term assets (SEK18.0B) do not cover its long term liabilities (SEK124.9B).
Debt to Equity History and Analysis
Debt Level: AZA's debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AZA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AZA's debt is well covered by operating cash flow (11606.2%).
Interest Coverage: Insufficient data to determine if AZA's interest payments on its debt are well covered by EBIT.
What is Avanza Bank Holding current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AZA's dividend (1.41%) is higher than the bottom 25% of dividend payers in the Swedish market (1.4%).
High Dividend: AZA's dividend (1.41%) is low compared to the top 25% of dividend payers in the Swedish market (4.97%).
Stability and Growth of Payments
Stable Dividend: AZA's dividend payments have been volatile in the past 10 years.
Growing Dividend: AZA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.8%), AZA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AZA's dividends in 3 years are forecast to be covered by earnings (66.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rikard Josefson (55 yo)
Mr. Rikard Josefson has been the Chief Executive Officer of Avanza Bank Holding AB (publ) since 2017. Mr. Josefson has been the President of Länsförsäkringar Bank AB (publ) since June 2011. He served as Gl ...
|Chief Executive Officer||3.58yrs||no data||0.013% |
|Deputy CEO & CFO||12.58yrs||no data||0.16% |
|Chief Operating Officer||2.42yrs||no data||0.0057% |
|Chief Information Officer||5.92yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Chief Legal Officer||2.58yrs||no data||no data|
|Head of Compliance||3.33yrs||no data||no data|
|Marketing Director||2.58yrs||no data||0.0035% |
|Head of Human Resources & Chief Human Resources Officer||1.58yrs||no data||no data|
|Head of Private Banking & Pro||no data||no data||no data|
|Chief Executive Officer of Försäkringsaktiebolaget Avanza Pension||2.58yrs||no data||0.00016% |
|Chief Executive Officer of Avanza Fonder AB||1.33yrs||no data||0.00013% |
Experienced Management: AZA's management team is considered experienced (2.6 years average tenure).
|Independent Director||6.58yrs||kr568.00k||0.036% |
|Independent Chairman of the Board||21.58yrs||kr447.00k||0.029% |
|Independent Director||12.58yrs||kr396.00k||0.0091% |
|Independent Director||6.58yrs||kr488.00k||0.099% |
|Independent Director||2.42yrs||kr437.00k||0.0032% |
|Independent Director||5.42yrs||kr355.00k||0.0097% |
|Director||0.42yr||no data||no data|
|Director||0.42yr||no data||4.19% |
|Director||0.42yr||no data||no data|
Experienced Board: AZA's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AZA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Avanza Bank Holding AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Avanza Bank Holding AB (publ)
- Ticker: AZA
- Exchange: OM
- Founded: 1999
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: kr25.144b
- Shares outstanding: 153.79m
- Website: https://www.avanza.se
Number of Employees
- Avanza Bank Holding AB (publ)
- Regeringsgatan 103
- Box 1399
- Stockholm County
- 111 93
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AZA||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Oct 1993|
|0NUK||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||SEK||Oct 1993|
|AZAS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||SEK||Oct 1993|
|1JJA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 1993|
Avanza Bank Holding AB (publ), together with its subsidiaries, provides online stock trading services in Sweden. The company offers share and fund, investment savings, endowment insurance, endowment child ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 20:40|
|End of Day Share Price||2020/08/11 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.