Valuation Nordnet AB

Stocks

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-07-24 EDT			5-day change	1st Jan Change
365.80 ^SEK	+1.44%		-1.03%	+35.38%

07-22	Nordnet CEO Rasmus Järborg sells shares worth SEK 1.5m	FW
07-22	Goldman Sachs raises target price for Nordnet to 380 kronor (375), reiterates buy - BN	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	90,906	-	-
Change	-	-13.18%	13.98%	37.7%	13.89%	34.96%	-	-
Enterprise Value (EV) ¹	39,150	33,954	38,755	55,356	62,682	88,805	87,219	85,465
Change	-	-13.27%	14.14%	42.83%	13.24%	41.67%	-1.79%	-2.01%
P/E	22.4x	23.8x	17.4x	21.6x	22.9x	25.2x	22.5x	20.1x
PBR	7.25x	6.24x	5.55x	7.44x	8.02x	9.93x	8.85x	7.82x
PEG	-	-1.3x	0.3x	2.1x	2.56x	1.1x	1.8x	1.7x
Capitalization / Revenue	12x	11.1x	9.44x	11.5x	12.5x	14.3x	13x	11.8x
EV / Revenue	10.8x	10x	8.52x	10.7x	11.6x	14x	12.5x	11.1x
EV / EBITDA	14.8x	15x	11.3x	14.6x	15.8x	18.4x	16.3x	14.3x
EV / EBIT	15.7x	16.2x	11.9x	15.8x	16.8x	19.5x	17.4x	15.3x
EV / FCF	-	-	-	9.46x	5.11x	131x	21.3x	18.6x
FCF Yield	-	-	-	10.6%	19.6%	0.76%	4.7%	5.38%
Dividend per Share ²	5.56	4.6	7.2	8.1	8.6	10.05	11.32	12.59
Rate of return	3.2%	3.05%	4.21%	3.45%	3.18%	2.75%	3.1%	3.44%
EPS ²	7.75	6.33	9.83	10.85	11.82	14.5	16.27	18.15
Distribution rate	71.7%	72.7%	73.2%	74.7%	72.8%	69.3%	69.6%	69.3%
Net sales ¹	3,628	3,382	4,550	5,152	5,384	6,347	6,982	7,681
EBITDA ¹	2,650	2,263	3,430	3,790	3,962	4,837	5,337	5,994
EBIT ¹	2,488	2,091	3,251	3,506	3,736	4,546	5,016	5,587
Net income ¹	1,985	1,652	2,579	2,814	3,015	3,613	4,034	4,481
Net Debt ¹	-4,250	-3,726	-4,193	-3,785	-4,675	-2,101	-3,687	-5,441
Reference price ²	173.60	150.95	171.00	234.80	270.20	365.80	365.80	365.80
Nbr of stocks (in thousands)	250,000	249,625	251,159	251,877	249,287	248,512	-	-
Announcement Date	2/3/22	1/31/23	1/30/24	1/28/25	1/28/26	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NORDNET AB	24.87x	13.79x	18.09x	2.79%	9.17B
JPMORGAN CHASE & CO.	13.85x	-	-	1.8%	930B
BANK OF AMERICA CORPORATION	13.12x	-	-	1.94%	430B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.01x	-	-	5.16%	385B
HSBC HOLDINGS PLC	12.51x	-	-	4.13%	348B
CHINA CONSTRUCTION BANK CORPORATION	5.73x	-	-	5.32%	300B
ROYAL BANK OF CANADA	18.49x	-	-	2.31%	290B
BANK OF CHINA LIMITED	6.07x	-	-	5.16%	267B
WELLS FARGO & COMPANY	11.85x	-	-	2.21%	261B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	15.27x	-	-	2.59%	258B
Average	12.78x	13.79x	18.09x	3.34%	347.8B
Weighted average by Cap.	11.83x	13.79x	18.09x	3.12%