NLBR Stock Overview
Nova Ljubljanska Banka d.d., together with its subsidiaries, provides various banking and financial services in Slovenia, South East Europe, and Western Europe.
Nova Ljubljanska Banka d.d Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€63.60|
|52 Week High||€82.80|
|52 Week Low||€59.20|
|1 Month Change||-5.92%|
|3 Month Change||-16.75%|
|1 Year Change||6.36%|
|3 Year Change||3.92%|
|5 Year Change||n/a|
|Change since IPO||12.27%|
Recent News & Updates
Here's Why We Think Nova Ljubljanska Banka d.d (LJSE:NLBR) Is Well Worth Watching
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|NLBR||SI Banks||SI Market|
Return vs Industry: NLBR exceeded the SI Banks industry which returned -11.4% over the past year.
Return vs Market: NLBR exceeded the SI Market which returned 0.6% over the past year.
|NLBR Average Weekly Movement||4.0%|
|Banks Industry Average Movement||5.7%|
|Market Average Movement||4.5%|
|10% most volatile stocks in SI Market||6.3%|
|10% least volatile stocks in SI Market||3.3%|
Stable Share Price: NLBR is not significantly more volatile than the rest of SI stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NLBR's weekly volatility (4%) has been stable over the past year.
About the Company
Nova Ljubljanska Banka d.d., together with its subsidiaries, provides various banking and financial services in Slovenia, South East Europe, and Western Europe. It operates through Retail Banking in Slovenia, Corporate and Investment Banking in Slovenia, Strategic Foreign Markets, Financial markets in Slovenia, Non-Core Members, and Other Activities segments. The company offers deposits and business accounts; savings and investment insurance; risk and health insurance; non-life insurance products, including car and home insurance; private banking services; real estate and asset management services; leasing services; financial services, including lending, cash management, payment, and capital markets’ advisory services; and investment banking and securities, liquidity management, treasury, and wholesale funding services.
Nova Ljubljanska Banka d.d Fundamentals Summary
|NLBR fundamental statistics|
Is NLBR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NLBR income statement (TTM)|
|Cost of Revenue||€0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 11, 2022
|Earnings per share (EPS)||20.17|
|Net Profit Margin||55.79%|
How did NLBR perform over the long term?See historical performance and comparison
7.2%Current Dividend Yield
Does NLBR pay a reliable dividends?See NLBR dividend history and benchmarks
|Nova Ljubljanska Banka d.d dividend dates|
|Ex Dividend Date||Jun 24 2022|
|Dividend Pay Date||Jun 28 2022|
|Days until Ex dividend||37 days|
|Days until Dividend pay date||41 days|
Does NLBR pay a reliable dividends?See NLBR dividend history and benchmarks
Is Nova Ljubljanska Banka d.d undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NLBR (€63.6) is trading below our estimate of fair value (€207.85)
Significantly Below Fair Value: NLBR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NLBR is good value based on its PE Ratio (3.2x) compared to the European Banks industry average (9.4x).
PE vs Market: NLBR is good value based on its PE Ratio (3.2x) compared to the SI market (8.3x).
Price to Earnings Growth Ratio
PEG Ratio: NLBR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NLBR's PB Ratio (0.6x) is in line with the XE Banks industry average.
How is Nova Ljubljanska Banka d.d forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NLBR's earnings are forecast to decline over the next 3 years (-4.2% per year).
Earnings vs Market: NLBR's earnings are forecast to decline over the next 3 years (-4.2% per year).
High Growth Earnings: NLBR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NLBR's revenue (5.3% per year) is forecast to grow faster than the SI market (4.6% per year).
High Growth Revenue: NLBR's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NLBR's Return on Equity is forecast to be low in 3 years time (10.7%).
How has Nova Ljubljanska Banka d.d performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NLBR has a high level of non-cash earnings.
Growing Profit Margin: NLBR's current net profit margins (55.8%) are lower than last year (58.6%).
Past Earnings Growth Analysis
Earnings Trend: NLBR's earnings have grown by 13.8% per year over the past 5 years.
Accelerating Growth: NLBR's earnings growth over the past year (27.6%) exceeds its 5-year average (13.8% per year).
Earnings vs Industry: NLBR earnings growth over the past year (27.6%) underperformed the Banks industry 35.9%.
Return on Equity
High ROE: NLBR's Return on Equity (17.5%) is considered low.
How is Nova Ljubljanska Banka d.d's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score4/6
Financial Health Score 4/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NLBR's Assets to Equity ratio (9.7x) is low.
Allowance for Bad Loans: NLBR has a low allowance for bad loans (86%).
Low Risk Liabilities: 90% of NLBR's liabilities are made up of primarily low risk sources of funding.
Loan Level: NLBR has an appropriate level of Loans to Assets ratio (53%).
Low Risk Deposits: NLBR's Loans to Deposits ratio (66%) is appropriate.
Level of Bad Loans: NLBR has a high level of bad loans (3%).
What is Nova Ljubljanska Banka d.d current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NLBR's dividend (7.25%) is higher than the bottom 25% of dividend payers in the SI market (5.03%).
High Dividend: NLBR's dividend (7.25%) is low compared to the top 25% of dividend payers in the SI market (8.74%).
Stability and Growth of Payments
Stable Dividend: NLBR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NLBR has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.9%), NLBR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NLBR's dividends in 3 years are forecast to be well covered by earnings (49.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Blaz Brodnjak (47 yo)
Mr. Blaz Brodnjak serves as the President of the Management Board, President, CEO and CMO at Nova Ljubljanska banka d.d., Ljubljana since July 6, 2016. He served as Chairman of Supervisory Board at NLB Ban...
CEO Compensation Analysis
Compensation vs Market: Blaz's total compensation ($USD597.47K) is below average for companies of similar size in the SI market ($USD1.28M).
Compensation vs Earnings: Blaz's compensation has increased by more than 20% in the past year.
Experienced Management: NLBR's management team is considered experienced (3.3 years average tenure).
Experienced Board: NLBR's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nova Ljubljanska Banka d.d.'s employee growth, exchange listings and data sources
- Name: Nova Ljubljanska Banka d.d.
- Ticker: NLBR
- Exchange: LJSE
- Founded: 1889
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: €1.280b
- Shares outstanding: 20.00m
- Website: https://www.nlb.si
Number of Employees
- Nova Ljubljanska Banka d.d.
- Trg republike 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 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.