Financials Nordea Bank Abp Deutsche Boerse AG

Equities

04Q

FI4000297767

Banks

Real-time Estimate Tradegate 12:49:06 04/07/2024 am IST 5-day change 1st Jan Change
11.34 EUR +0.71% Intraday chart for Nordea Bank Abp +1.03% +0.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 29,173 26,931 42,482 36,500 39,445 39,321 - -
Enterprise Value (EV) 1 29,173 26,931 42,482 36,500 39,445 39,321 39,321 39,321
P/E ratio 19 x 12.1 x 11.4 x 10.6 x 8.18 x 7.67 x 8.02 x 7.98 x
Yield 5.54% 5.85% 6.39% 7.98% 8.21% 8.72% 8.51% 8.61%
Capitalization / Revenue 3.38 x 3.16 x 4.42 x 3.53 x 3.36 x 3.27 x 3.3 x 3.29 x
EV / Revenue 3.38 x 3.16 x 4.42 x 3.53 x 3.36 x 3.27 x 3.3 x 3.29 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.93 x 0.8 x 1.27 x 1.16 x 1.32 x 1.24 x 1.19 x 1.15 x
Nbr of stocks (in thousands) 40,37,300 40,38,432 39,33,974 36,41,067 35,21,400 35,02,073 - -
Reference price 2 7.226 6.669 10.80 10.02 11.20 11.20 11.20 11.20
Announcement Date 06/02/20 04/02/21 03/02/22 02/02/23 05/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,635 8,514 9,620 10,333 11,743 12,017 11,921 11,950
EBITDA - - - - - - - -
EBIT 1 2,649 3,823 4,971 5,430 6,505 6,925 6,590 6,534
Operating Margin 30.68% 44.9% 51.67% 52.55% 55.39% 57.63% 55.28% 54.68%
Earnings before Tax (EBT) 1 2,113 2,963 4,936 5,381 6,338 6,583 6,308 6,247
Net income 1 1,542 2,265 3,831 3,595 4,934 5,096 4,888 4,832
Net margin 17.86% 26.6% 39.82% 34.79% 42.02% 42.41% 41% 40.43%
EPS 2 0.3800 0.5500 0.9500 0.9500 1.370 1.460 1.397 1.404
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.4000 0.3900 0.6900 0.8000 0.9200 0.9764 0.9535 0.9643
Announcement Date 06/02/20 04/02/21 03/02/22 02/02/23 05/02/24 - - -
1EUR in Million2EUR
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 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,438 2,490 2,444 2,501 2,898 2,921 2,955 2,952 2,915 3,085 3,028 3,020 3,023 3,010 3,024
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,337 1,102 1,305 1,355 1,668 1,499 1,750 1,758 1,498 1,796 1,752 1,796 1,728 1,676 1,734
Operating Margin 54.84% 44.26% 53.4% 54.18% 57.56% 51.32% 59.22% 59.55% 51.39% 58.22% 57.86% 59.48% 57.16% 55.68% 57.33%
Earnings before Tax (EBT) 1 1,281 501 1,361 1,297 1,609 1,480 1,718 1,725 1,415 1,763 1,667 1,667 1,548 1,614 1,672
Net income 1 1,017 269 1,054 1,012 1,260 1,123 1,335 1,345 1,106 1,361 1,288 1,281 1,188 1,182 1,233
Net margin 41.71% 10.8% 43.13% 40.46% 43.48% 38.45% 45.18% 45.56% 37.94% 44.12% 42.55% 42.42% 39.3% 39.25% 40.78%
EPS 2 0.2600 0.0600 0.2800 0.2700 0.3400 0.3100 0.3700 0.3800 0.3100 0.3800 0.3678 0.3680 0.3434 0.3404 0.3552
Dividend per Share 2 0.6900 - - - 0.8000 - - - 0.9200 - - - 0.9646 - -
Announcement Date 03/02/22 28/04/22 18/07/22 20/10/22 02/02/23 27/04/23 17/07/23 19/10/23 05/02/24 18/04/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 5% 7.1% 11.2% 11.6% 16.9% 16.3% 15.1% 14.6%
ROA (Net income/ Total Assets) 0.44% 0.41% 0.68% 0.62% 0.84% 0.83% 0.74% 0.73%
Assets 1 3,51,493 5,53,519 5,61,319 5,82,564 5,89,698 6,15,870 6,57,667 6,62,627
Book Value Per Share 2 7.800 8.350 8.510 8.620 8.460 9.040 9.400 9.740
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 06/02/20 04/02/21 03/02/22 02/02/23 05/02/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
11.2 EUR
Average target price
12.96 EUR
Spread / Average Target
+15.69%
Consensus