Valuation DNB Liquidnet

Stocks

Delayed Liquidnet 01:01:57 05/10/2018 pm IST			5-day change	1st Jan Change
166.55 ^NOK	+8.15%		-.--%	-

10:58am	BNP Paribas resumes coverage of DNB with an outperform rating and a target price of 390 Norwegian kroner - BN	FW
16/09	BofA: Valuation multiples for Swedish banks have fallen, competition is the bigger risk	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	3,13,174	3,01,468	3,27,654	3,36,420	4,11,360	4,53,588	-	-
Change	-	-3.74%	8.69%	2.68%	22.28%	10.27%	-	-
Enterprise Value (EV)	3,13,174	3,01,468	3,27,654	3,36,420	4,11,360	4,53,588	4,53,588	4,53,588
Change	-	-3.74%	8.69%	2.68%	22.28%	10.27%	0%	0%
P/E	12.8x	9.42x	8.7x	7.73x	9.89x	11.9x	11.3x	11x
PBR	1.38x	1.24x	1.33x	1.29x	1.51x	1.66x	1.59x	1.53x
PEG	-	0.3x	0.4x	0.4x	-3.26x	-1.76x	2.23x	3.83x
Capitalization / Revenue	5.6x	4.56x	4.01x	3.89x	4.54x	5.07x	4.88x	4.77x
EV / Revenue	0x	0x	0x	0x	0x	5.07x	4.88x	4.77x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	8.46x	8.14x	8.02x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	9.75	12.5	16	16.75	18	18.28	18.79	19.26
Rate of return	4.83%	6.43%	7.41%	7.38%	6.39%	5.8%	5.96%	6.11%
EPS ²	15.74	20.65	24.83	29.34	28.45	26.52	27.87	28.67
Distribution rate	61.9%	60.5%	64.4%	57.1%	63.3%	68.9%	67.4%	67.2%
Net sales ¹	55,915	66,115	81,697	86,537	90,649	89,455	92,977	95,054
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	31,881	39,604	53,077	56,089	56,173	53,642	55,692	56,535
Net income ¹	24,407	32,011	38,166	43,870	41,944	38,039	39,186	39,591
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	202.00	194.45	216.00	226.90	281.50	315.00	315.00	315.00
Nbr of stocks (in thousands)	15,50,365	15,50,365	15,16,915	14,82,680	14,61,314	14,39,962	-	-
Announcement Date	10/02/22	09/02/23	31/01/24	05/02/25	04/02/26	-	-	-

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
JPMORGAN CHASE & CO.	13.85x	-	-	1.8%	93TCr
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.2x	-	-	4.99%	41TCr
BANK OF AMERICA CORPORATION	12.38x	-	-	2.07%	40TCr
HSBC HOLDINGS PLC	12.37x	-	-	4.22%	35TCr
CHINA CONSTRUCTION BANK CORPORATION	6.16x	-	-	5%	33TCr
BANK OF CHINA LIMITED	6.68x	-	-	4.74%	30TCr
ROYAL BANK OF CANADA	17.53x	-	-	2.4%	28TCr
WELLS FARGO & COMPANY	11.78x	-	-	2.21%	26TCr
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.47x	-	-	2.72%	26TCr
Average	11.27x			3.35%	39.03TCr
Weighted average by Cap.	11.51x			3.13%