Financials Melhus Sparebank

Equities

MELG

NO0006001908

Banks

Market Closed - Oslo Bors 10:45:00 2024-06-14 EDT 5-day change 1st Jan Change
153.1 NOK -0.26% Intraday chart for Melhus Sparebank +0.07% -4.91%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 391.4 408.1 430.3 447 447 425 - -
Enterprise Value (EV) 1 391.4 408.1 430.3 447 447 425 425 425
P/E ratio 10.3 x 12.4 x 11.2 x 12.7 x 10 x 12 x 10.6 x 10.4 x
Yield 7.09% 4.76% 6.77% - - 7.18% 7.84% 8.49%
Capitalization / Revenue 2.52 x 2.76 x 2.62 x 2.38 x 1.79 x 1.64 x 1.6 x 1.52 x
EV / Revenue 2.52 x 2.76 x 2.62 x 2.38 x 1.79 x 1.64 x 1.6 x 1.52 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.99 x 1.01 x 1.01 x - - 0.9 x 0.88 x 0.86 x
Nbr of stocks (in thousands) 2,776 2,776 2,776 2,776 2,776 2,776 - -
Reference price 2 141.0 147.0 155.0 161.0 161.0 153.1 153.1 153.1
Announcement Date 20-02-13 21-02-11 22-02-10 23-02-15 24-02-15 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 155.6 147.9 164.1 187.9 249.1 258.6 265.9 280.3
EBITDA - - - - - - - -
EBIT 1 125.9 93.5 99.4 127.5 199.7 160.9 168.4 180.3
Operating Margin 80.91% 63.21% 60.58% 67.89% 80.17% 62.22% 63.33% 64.32%
Earnings before Tax (EBT) 1 125.3 110.5 133.1 125.2 177 147.9 176.5 188.5
Net income 1 97.58 88.21 105.2 100.6 135.4 113.2 135.4 144.7
Net margin 62.71% 59.63% 64.14% 53.56% 54.33% 43.77% 50.92% 51.62%
EPS 2 13.64 11.84 13.90 12.72 16.09 12.76 14.50 14.71
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 10.00 7.000 10.50 - - 11.00 12.00 13.00
Announcement Date 20-02-13 21-02-11 22-02-10 23-02-15 24-02-15 - - -
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 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 42.61 53.97 46.1 49.89 50.26 66.24 62.03 65.07 65.87 76.64 63.4 65.2 66.9
EBITDA - - - - - - - - - - - - -
EBIT 1 24.9 23.64 45.48 32.96 25.46 36.72 - 42.13 37.46 40.99 45 38.2 37.8
Operating Margin 58.44% 43.8% 98.67% 66.06% 50.66% 55.44% - 64.74% 56.88% 53.49% 70.98% 58.59% 56.5%
Earnings before Tax (EBT) 1 37.63 23.24 41.4 30.62 29.98 33.89 76.71 39.01 27.79 33.66 46.9 34 33.4
Net income 1 30.37 17.53 36.28 22.16 24.66 25.42 61.56 29.57 19.17 25.2 37.5 25.5 25
Net margin 71.27% 32.48% 78.7% 44.41% 49.05% 38.38% 99.23% 45.44% 29.1% 32.88% 59.15% 39.11% 37.37%
EPS 2 4.020 2.160 4.640 2.790 3.130 3.050 7.470 3.480 2.090 2.740 4.410 3.010 2.950
Dividend per Share - - - - - - - - - - - - -
Announcement Date 22-02-10 22-05-05 22-08-11 22-11-10 23-02-15 23-05-11 23-08-14 23-11-10 24-02-15 24-05-14 - - -
1NOK in Million2NOK
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) 9.34% 7.94% 9.07% - - 8% 9% 9%
ROA (Net income/ Total Assets) 1.1% 0.95% 1.07% - - 1% 1.1% 1.2%
Assets 1 8,871 9,248 9,863 - - 11,320 12,309 12,058
Book Value Per Share 2 143.0 146.0 153.0 - - 170.0 174.0 177.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 20-02-13 21-02-11 22-02-10 23-02-15 24-02-15 - - -
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
153.1 NOK
Average target price
158 NOK
Spread / Average Target
+3.20%
Consensus
  1. Stock Market
  2. Equities
  3. MELG Stock
  4. Financials Melhus Sparebank