N

Nordnet AB (publ)
STO:SAVE

Watchlist Manager
Nordnet AB (publ)
STO:SAVE
Watchlist
Price: 264.2 SEK 4.02%
Market Cap: 66.6B SEK

Relative Value

The Relative Value of one SAVE stock under the Base Case scenario is 343.94 SEK. Compared to the current market price of 264.2 SEK, Nordnet AB (publ) is Undervalued by 23%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SAVE Relative Value
Base Case
343.94 SEK
Undervaluation 23%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
5
vs Industry
18
Median 3Y
8.2
Median 5Y
8.3
Industry
3
Forward
12.7
vs History
10
vs Industry
21
Median 3Y
20.8
Median 5Y
20.6
Industry
14.4
Forward
23.1
vs History
21
vs Industry
28
Median 3Y
1.7
Median 5Y
2.3
Industry
9.6
vs History
21
vs Industry
26
Median 3Y
1.7
Median 5Y
2.3
Industry
12.1
vs History
12
vs Industry
5
Median 3Y
6.2
Median 5Y
6.4
Industry
1.2
vs History
55
vs Industry
11
Median 3Y
19.1
Median 5Y
20.2
Industry
4.7
Forward
25.4
vs History
53
vs Industry
11
Median 3Y
24.3
Median 5Y
25.7
Industry
6.9
vs History
53
vs Industry
18
Median 3Y
35.7
Median 5Y
39.9
Industry
13.6
Forward
36
vs History
53
vs Industry
14
Median 3Y
35.7
Median 5Y
39.9
Industry
13.9
Forward
36.9
vs History
21
vs Industry
18
Median 3Y
5.2
Median 5Y
6.3
Industry
11.8
vs History
21
vs Industry
18
Median 3Y
5.3
Median 5Y
6.3
Industry
13
vs History
7
vs Industry
66
Median 3Y
0.5
Median 5Y
0.5
Industry
0.9

Multiples Across Competitors

SAVE Competitors Multiples
Nordnet AB (publ) Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
Nordnet AB (publ)
STO:SAVE
66.2B SEK 9.8 23.5 36.9 36.9
US
Morgan Stanley
NYSE:MS
193B USD 1.8 14.1 34.2 43.6
US
Goldman Sachs Group Inc
NYSE:GS
176B USD 1.4 12.4 50.6 57.1
EG
EFG Hermes Holdings SAE
LSE:EFGD
167.9B USD 330 1 999.5 13 465.7 0
US
Charles Schwab Corp
NYSE:SCHW
152.5B USD 5.8 25.3 42.4 49.7
US
Interactive Brokers Group Inc
NASDAQ:IBKR
76.9B USD 8 96.7 22.9 23.2
CN
CITIC Securities Co Ltd
SSE:600030
371.7B CNY 5.1 17.8 23.7 23.7
US
Robinhood Markets Inc
NASDAQ:HOOD
42.3B USD 13.2 27 31.4 33.4
CN
Guotai Junan Securities Co Ltd
SSE:601211
303.8B CNY 6.4 14.9 32.2 32.2
US
Raymond James Financial Inc
NYSE:RJF
29.1B USD 1.9 13.3 25.8 27.5
US
LPL Financial Holdings Inc
NASDAQ:LPLA
25.2B USD 2 23.5 13 16.3