Valuation Nordnet AB

Stocks

Market Closed - Nasdaq Stockholm Other stock markets 17:00:00 14/07/2026 BST			5-day change	1st Jan Change
372.40 ^SEK	+2.42%		-1.12%	+37.82%

07-14	AQR Capital Management no longer a public short seller in Nordnet	FW
07-14	Swedbank Robur Småbolagsfond Sverige fell 1.28% in June, added Finland's Vaisala to the portfolio	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	43,400	37,681	42,948	59,141	67,357	92,546	-	-
Change	-	-13.18%	13.98%	37.7%	13.89%	37.4%	-	-
Enterprise Value (EV) ¹	39,150	33,954	38,755	55,356	62,682	87,999	77,344	65,611
Change	-	-13.27%	14.14%	42.83%	13.24%	40.39%	-12.11%	-15.17%
P/E	22.4x	23.8x	17.4x	21.6x	22.9x	26.3x	23.3x	20.9x
PBR	7.25x	6.24x	5.55x	7.44x	8.02x	10.5x	9.4x	8.39x
PEG	-	-1.3x	0.3x	2.1x	2.56x	1.3x	1.8x	1.8x
Capitalization / Revenue	12x	11.1x	9.44x	11.5x	12.5x	14.9x	13.5x	12.2x
EV / Revenue	10.8x	10x	8.52x	10.7x	11.6x	14.2x	11.3x	8.68x
EV / EBITDA	14.8x	15x	11.3x	14.6x	15.8x	19.1x	15.1x	11.5x
EV / EBIT	15.7x	16.2x	11.9x	15.8x	16.8x	19.9x	15.8x	12x
EV / FCF	-	-	-	9.46x	5.11x	25.5x	20.4x	15.4x
FCF Yield	-	-	-	10.6%	19.6%	3.93%	4.9%	6.51%
Dividend per Share ²	5.56	4.6	7.2	8.1	8.6	9.819	11.12	12.37
Rate of return	3.2%	3.05%	4.21%	3.45%	3.18%	2.64%	2.99%	3.32%
EPS ²	7.75	6.33	9.83	10.85	11.82	14.13	15.95	17.78
Distribution rate	71.7%	72.7%	73.2%	74.7%	72.8%	69.5%	69.7%	69.6%
Net sales ¹	3,628	3,382	4,550	5,152	5,384	6,211	6,870	7,560
EBITDA ¹	2,650	2,263	3,430	3,790	3,962	4,596	5,126	5,726
EBIT ¹	2,488	2,091	3,251	3,506	3,736	4,421	4,905	5,467
Net income ¹	1,985	1,652	2,579	2,814	3,015	3,515	3,946	4,362
Net Debt ¹	-4,250	-3,726	-4,193	-3,785	-4,675	-4,547	-15,202	-26,935
Reference price ²	173.60	150.95	171.00	234.80	270.20	372.40	372.40	372.40
Nbr of stocks (in thousands)	250,000	249,625	251,159	251,877	249,287	248,512	-	-
Announcement Date	03/02/22	31/01/23	30/01/24	28/01/25	28/01/26	-	-	-

¹SEK in Million²SEK

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.($)
NORDNET AB	25.73x	13.82x	18.67x	2.7%	9.33B
JPMORGAN CHASE & CO.	14.58x	-	-	1.88%	896B
BANK OF AMERICA CORPORATION	13.18x	-	-	1.99%	422B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.73x	-	-	5.41%	375B
HSBC HOLDINGS PLC	12.02x	-	-	4.28%	335B
ROYAL BANK OF CANADA	18.75x	-	-	2.27%	293B
CHINA CONSTRUCTION BANK CORPORATION	5.39x	-	-	5.65%	284B
WELLS FARGO & COMPANY	12.5x	-	-	2.15%	268B
BANK OF CHINA LIMITED	5.84x	-	-	5.36%	263B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.36x	-	-	2.76%	246B
Average	12.81x	13.82x	18.67x	3.44%	339.17B
Weighted average by Cap.	11.94x	13.82x	18.67x	3.23%