Financials Arion banki hf.

Equities

ARION

IS0000028157

Banks

Delayed Nasdaq Iceland 08:29:56 02/05/2024 pm IST 5-day change 1st Jan Change
139 ISK -2.80% Intraday chart for Arion banki hf. -2.46% -8.55%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 1,53,475 1,63,305 2,89,438 2,19,208 2,19,846 2,05,157 -
Enterprise Value (EV) 1 1,53,475 1,63,305 2,89,438 2,19,208 2,19,846 2,05,157 2,05,157
P/E ratio 141 x 13.1 x 11.3 x 9.29 x 8.94 x - -
Yield 6.37% 1.83% 7.87% 5.67% 5.92% 6.81% 6.99%
Capitalization / Revenue 3.2 x 3.22 x 4.97 x 3.83 x 3.43 x 3.01 x 3.01 x
EV / Revenue 3.2 x 3.22 x 4.97 x 3.83 x 3.43 x 3.01 x 3.01 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 0.82 x 0.83 x 1.49 x 1.21 x - - -
Nbr of stocks (in thousands) 17,78,386 17,19,000 15,19,357 14,61,386 14,46,356 14,34,663 -
Reference price 2 86.30 95.00 190.5 150.0 152.0 143.0 143.0
Announcement Date 12/02/20 10/02/21 09/02/22 08/02/23 07/02/24 - -
1ISK in Million2ISK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 47,998 50,764 58,225 57,198 64,181 68,067 68,212
EBITDA - - - - - - -
EBIT 18,151 25,022 30,834 28,538 36,684 - -
Operating Margin 37.82% 49.29% 52.96% 49.89% 57.16% - -
Earnings before Tax (EBT) 17,769 19,978 34,003 28,682 35,336 - -
Net income 1,096 12,476 28,605 25,440 25,755 - -
Net margin 2.28% 24.58% 49.13% 44.48% 40.13% - -
EPS 0.6100 7.240 16.93 16.14 17.00 - -
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 5.500 1.740 15.00 8.500 9.000 9.741 9.991
Announcement Date 12/02/20 10/02/21 09/02/22 08/02/23 07/02/24 - -
1ISK in Million2ISK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 15,234 14,514 13,260 13,884 15,540 16,344 17,344 14,986 16,312
EBITDA - - - - - - - - -
EBIT - 7,920 6,195 7,630 6,793 8,620 10,878 - -
Operating Margin - 54.57% 46.72% 54.96% 43.71% 52.74% 62.72% - -
Earnings before Tax (EBT) - - 6,381 - - 8,568 - - -
Net income - - 9,705 - - 6,284 - - -
Net margin - - 73.19% - - 38.45% - - -
EPS 4.070 3.670 6.130 - 3.270 4.320 - - -
Dividend per Share - - - - - - - - -
Announcement Date 09/02/22 04/05/22 27/07/22 26/10/22 08/02/23 04/05/23 26/07/23 26/10/23 07/02/24
1ISK in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 0.6% 6.5% 14.7% 13.7% 13.6% 13.6% 13.1%
ROA (Net income/ Total Assets) - - - 1.36% - - -
Assets - - - 18,73,343 - - -
Book Value Per Share 105.0 115.0 128.0 124.0 - - -
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 12/02/20 10/02/21 09/02/22 08/02/23 07/02/24 - -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
143 ISK
Average target price
150.5 ISK
Spread / Average Target
+5.24%
Consensus
  1. Stock Market
  2. Equities
  3. ARION Stock
  4. Financials Arion banki hf.