Ratings Svenska Handelsbanken AB Nasdaq Stockholm

Equities

SHB B

SE0007100607

Market Closed - Nasdaq Stockholm Other stock markets 08:59:51 16/05/2024 pm IST			5-day change	1st Jan Change
122.3 ^SEK	+0.16%		+0.33%	-6.07%

13/05	SWEDISH BANKS : the Riksbank again acts as a kingmaker
30/04	SVENSKA HANDELSBANKEN : EPS cut (2023: -0.9%, 2024: -4.5%)

Strengths

Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Its low valuation, with P/E ratio at 8 and 8.92 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company appears to be poorly valued given its net asset value.
The company is one of the best yield companies with high dividend expectations.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
Over the past four months, analysts' average price target has been revised downwards significantly.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.

Ratings chart - Surperformance

Sector: Banks

	1st Jan change	Capi.	ESG Refinitiv
SVENSKA HANDELSBANKEN AB	-6.07%	1.84TCr	-
JPMORGAN CHASE & CO.	+19.32%	33TCr	C+
BANK OF AMERICA CORPORATION	+16.77%	30TCr	C+
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+23.30%	25TCr	C+
WELLS FARGO & COMPANY	+24.27%	22TCr	C
CHINA CONSTRUCTION BANK CORPORATION	+26.88%	18TCr	B-
BANK OF CHINA LIMITED	+29.87%	17TCr	B-
HSBC HOLDINGS PLC	+9.60%	16TCr	C+
ROYAL BANK OF CANADA	+7.69%	15TCr	B-
COMMONWEALTH BANK OF AUSTRALIA	+9.36%	13TCr	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes