Financials Grong Sparebank

Equities

GRONG

NO0010636491

Banks

Market Closed - Oslo Bors 15:45:00 10/05/2024 BST 5-day change 1st Jan Change
139.9 NOK -0.07% Intraday chart for Grong Sparebank +2.87% -5.47%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 428 631.6 587.9 555.7 - -
Enterprise Value (EV) 1 428 631.6 587.9 555.7 555.7 555.7
P/E ratio 11 x 7.64 x 7.95 x 8.5 x 8.82 x 9.38 x
Yield 6.25% - - 8.65% 8.36% 7.86%
Capitalization / Revenue 2.16 x 2.71 x 1.93 x 1.68 x 1.65 x 1.65 x
EV / Revenue 2.16 x 2.71 x 1.93 x 1.68 x 1.65 x 1.65 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.11 x - - 0.98 x 0.95 x 0.93 x
Nbr of stocks (in thousands) 2,972 3,972 3,972 3,972 - -
Reference price 2 144.0 159.0 148.0 139.9 139.9 139.9
Announcement Date 16/02/22 20/02/23 14/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 198 233.1 304.1 329.9 336.6 337.2
EBITDA - - - - - - -
EBIT 1 - 82.61 102.6 139.8 158 164 162
Operating Margin - 41.73% 44.02% 45.98% 47.89% 48.72% 48.04%
Earnings before Tax (EBT) 1 107.5 108.5 189.9 187.6 190 193 190
Net income 1 87.4 85.87 165.7 155.2 153 155 152
Net margin - 43.38% 71.09% 51.03% 46.38% 46.05% 45.08%
EPS 2 - 13.04 20.80 18.61 16.45 15.87 14.92
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - 9.000 - - 12.10 11.70 11.00
Announcement Date 25/03/21 16/02/22 20/02/23 14/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 56.71 - 56.71 60.38 62.93 72.73 73.39 80.65 81.9 84.8 81.6 81.6
EBITDA - - - - - - - - - - - -
EBIT 24.38 - 27.22 27.93 26.25 36.13 39.07 36.05 - - - -
Operating Margin 42.99% - 48% 46.25% 41.72% 49.67% 53.23% 44.7% - - - -
Earnings before Tax (EBT) 30.82 - 26.54 37.21 60.33 28.64 56.28 70.02 - - - -
Net income 27.25 60.5 17.99 32.9 54.32 19.77 47.32 62.8 - - - -
Net margin 48.05% - 31.73% 54.49% 86.32% 27.18% 64.48% 77.87% - - - -
EPS 2 4.140 8.810 1.040 4.130 6.820 2.370 5.680 7.520 3.670 7.080 3.540 2.980
Dividend per Share - - - - - - - - - - - -
Announcement Date 16/02/22 04/05/22 11/08/22 10/11/22 20/02/23 10/05/23 15/08/23 14/02/24 - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 9.74% - - 11.7% 11% 10%
ROA (Net income/ Total Assets) - 1.14% - - 1.5% 1.4% 1.3%
Assets 1 - 7,566 - - 10,200 11,071 11,692
Book Value Per Share 2 - 129.0 - - 142.0 147.0 151.0
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 25/03/21 16/02/22 20/02/23 14/02/24 - - -
1NOK in Million2NOK
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
HOLD
Number of Analysts
1
Last Close Price
139.9 NOK
Average target price
148 NOK
Spread / Average Target
+5.79%
Consensus
  1. Stock Market
  2. Equities
  3. GRONG Stock
  4. Financials Grong Sparebank