Nordnet (OM:SAVE) - Stock Price, News & Analysis

SAVE Stock Overview

Nordnet AB (publ) engages in the savings and investments, pensions, and loans businesses in Sweden, Norway, Denmark, and Finland.

About the company

SAVE fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	5/6
Financial Health	2/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (19.9x) is below the Swedish market (22.4x)

Earnings are forecast to grow 5.13% per year

Earnings grew by 46% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Significant insider selling over the past 3 months

Dividend of 3.61% is not well covered by cash flows

Nordnet AB (publ) Competitors

Avanza Bank Holding

OM:AZA

kr38.7b

Bure Equity

OM:BURE

kr26.2b

Ratos

OM:RATO B

kr12.5b

L E Lundbergföretagen

OM:LUND B

kr135.9b

Price History & Performance

Summary of all time highs, changes and price drops for Nordnet
Historical stock prices
Current Share Price	kr199.30
52 Week High	kr204.60
52 Week Low	kr136.70
Beta	0.79
1 Month Change	-0.85%
3 Month Change	19.06%
1 Year Change	29.16%
3 Year Change	35.58%
5 Year Change	n/a
Change since IPO	89.81%

Nordnet's (STO:SAVE) Dividend Will Be Increased To SEK7.20

Apr 24

The CEO Of Nordnet AB (publ) (STO:SAVE) Might See A Pay Rise On The Horizon

Apr 23

Recent updates

Party Time: Brokers Just Made Major Increases To Their Nordnet AB (publ) (STO:SAVE) Earnings Forecasts

Apr 27

Nordnet AB (publ) (STO:SAVE) Investors Are Less Pessimistic Than Expected

Feb 25

Shareholder Returns

	SAVE	SE Capital Markets	SE Market
7D	3.1%	2.7%	0.3%
1Y	29.2%	32.8%	10.1%

Return vs Industry: SAVE underperformed the Swedish Capital Markets industry which returned 33.6% over the past year.

Return vs Market: SAVE exceeded the Swedish Market which returned 10.2% over the past year.

Price Volatility

Is SAVE's price volatile compared to industry and market?
SAVE volatility
SAVE Average Weekly Movement	4.9%
Capital Markets Industry Average Movement	6.4%
Market Average Movement	6.2%
10% most volatile stocks in SE Market	13.4%
10% least volatile stocks in SE Market	3.6%

Stable Share Price: SAVE has not had significant price volatility in the past 3 months.

Volatility Over Time: SAVE's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	750	Lars-Ake Norling	nordnetab.com

Nordnet AB (publ) engages in the savings and investments, pensions, and loans businesses in Sweden, Norway, Denmark, and Finland. The company provides digital platform for savings and investment products, such as stocks, mutual funds, and other securities through website, app, or other applications; margin lending, residential mortgages, and personal unsecured loans; and products for pension savings. It operates Shareville, a social investment network that allows customers to follow other investors and see their investments.

Nordnet AB (publ) Fundamentals Summary

How do Nordnet's earnings and revenue compare to its market cap?
SAVE fundamental statistics
Market cap	kr50.06b
Earnings (TTM)	kr2.52b
Revenue (TTM)	kr5.18b

19.9x

P/E Ratio

9.7x

P/S Ratio

Is SAVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SAVE income statement (TTM)
Revenue	kr5.18b
Cost of Revenue	kr592.80m
Gross Profit	kr4.58b
Other Expenses	kr2.06b
Earnings	kr2.52b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 23, 2024

Earnings per share (EPS)	10.03
Gross Margin	88.55%
Net Profit Margin	48.68%
Debt/Equity Ratio	730.0%

How did SAVE perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

71%

Payout Ratio

SAVE Stock Overview

Rewards

Risk Analysis

Nordnet AB (publ) Competitors

OM:AZA

kr38.7b

OM:BURE

kr26.2b

OM:RATO B

kr12.5b

OM:LUND B

kr135.9b

Price History & Performance

Recent News & Updates

Nordnet AB (publ) Approves Dividend, Expects to Be Distributed on 7 May 2024

Now 23% overvalued after recent price rise

Nordnet's (STO:SAVE) Dividend Will Be Increased To SEK7.20

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of kr7.20 per share

The CEO Of Nordnet AB (publ) (STO:SAVE) Might See A Pay Rise On The Horizon

Recent updates

Nordnet AB (publ) Approves Dividend, Expects to Be Distributed on 7 May 2024

Now 23% overvalued after recent price rise

Nordnet's (STO:SAVE) Dividend Will Be Increased To SEK7.20

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of kr7.20 per share

The CEO Of Nordnet AB (publ) (STO:SAVE) Might See A Pay Rise On The Horizon

Now 20% overvalued after recent price rise

Here's Why Nordnet (STO:SAVE) Has Caught The Eye Of Investors

Nordnet AB (publ) Announces Executive Changes, Effective 1 May 2024

Nordnet (STO:SAVE) Is Increasing Its Dividend To SEK7.20

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Independent Director recently sold kr4.0m worth of stock

Chief Human Resources Officer recently sold kr2.0m worth of stock

Nordnet's (STO:SAVE) Upcoming Dividend Will Be Larger Than Last Year's

Nordnet AB (Publ) Leaves Gustaf Unger as Board of Directors

Nordnet (STO:SAVE) Is Paying Out A Larger Dividend Than Last Year

Insider recently sold kr7.3m worth of stock

Dividend increased to kr7.20

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

There's No Escaping Nordnet AB (publ)'s (STO:SAVE) Muted Earnings

Chief Human Resources Officer recently sold kr1.9m worth of stock

Chief Financial Officer recently sold kr2.3m worth of stock

If EPS Growth Is Important To You, Nordnet (STO:SAVE) Presents An Opportunity

Insider recently sold kr3.6m worth of stock

Insider recently sold kr9.0m worth of stock

Independent Director recently sold kr5.1m worth of stock

Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Now 20% undervalued

Nordnet Launches Mutual Fund Nordnet Index Global 125

Nordnet AB (publ) to Report First Half, 2024 Results on Jul 23, 2024

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

We Ran A Stock Scan For Earnings Growth And Nordnet (STO:SAVE) Passed With Ease

New major risk - Earnings quality

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Nordnet AB (publ) to Report Fiscal Year 2023 Results on Jan 31, 2024

Independent Director recently bought kr509k worth of stock

Upcoming dividend of kr4.60 per share at 2.6% yield

Full year 2022 earnings: EPS misses analyst expectations

Deputy CEO & Chief Product Officer recently bought kr1.6m worth of stock

Insider recently sold kr8.0m worth of stock

Insider recently sold kr18m worth of stock

Nordnet AB (publ) (OM:SAVE) entered into an agreement to acquire Consumer fiber operator business of Netgem.

Consensus EPS estimates increase by 12%

Full year 2022 earnings: EPS misses analyst expectations

Chief Financial Officer recently sold kr3.8m worth of stock

Independent Chairman of the Board recently bought kr153m worth of stock

High number of new directors

Investor sentiment improved over the past week

High number of new directors

Nordnet AB (publ) to Report Nine Months, 2023 Results on Oct 24, 2023

Third quarter 2022 earnings: EPS misses analyst expectations

Nordnet AB (publ) to Report First Half, 2022 Results on Jul 25, 2023

Investor sentiment deteriorated over the past week

Nordnet AB (publ), Annual General Meeting, Apr 18, 2023

Nordnet AB (publ) to Report Q1, 2023 Results on Apr 25, 2023

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to kr193

Chief Financial Officer recently sold kr4.5m worth of stock