Valuation Nordnet AB Boerse Muenchen

Stocks

Market Closed - Boerse Muenchen 23:43:53 16/09/2026 +03			5-day change	1st Jan Change
29.92 ^EUR	-0.99%		-3.54%	+22.41%

09-15	Uneven close on the Stockholm Stock Exchange, OMXS30 index unchanged	FW
09-15	Recovery on the Stockholm stock exchange after an early dip, OMXS30 index down 0.1 percent	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	83,798	-	-
Change	-	-13.18%	13.98%	37.7%	13.89%	24.41%	-	-
Enterprise Value (EV) ¹	39,150	33,954	38,755	55,356	62,682	81,697	80,111	78,357
Change	-	-13.27%	14.14%	42.83%	13.24%	30.34%	-1.94%	-2.19%
P/E	22.4x	23.8x	17.4x	21.6x	22.9x	23.2x	20.4x	18.3x
PBR	7.25x	6.24x	5.55x	7.44x	8.02x	9.12x	8.1x	7.16x
PEG	-	-1.3x	0.3x	2.1x	2.56x	1x	1.5x	1.6x
Capitalization / Revenue	12x	11.1x	9.44x	11.5x	12.5x	13.2x	11.8x	10.8x
EV / Revenue	10.8x	10x	8.52x	10.7x	11.6x	12.8x	11.3x	10.1x
EV / EBITDA	14.8x	15x	11.3x	14.6x	15.8x	17.1x	14.5x	12.8x
EV / EBIT	15.7x	16.2x	11.9x	15.8x	16.8x	17.9x	15.7x	13.8x
EV / FCF	-	-	-	9.46x	5.11x	121x	19.5x	17.1x
FCF Yield	-	-	-	10.6%	19.6%	0.83%	5.12%	5.86%
Dividend per Share ²	5.56	4.6	7.2	8.1	8.6	10.21	11.59	12.88
Rate of return	3.2%	3.05%	4.21%	3.45%	3.18%	3.03%	3.44%	3.82%
EPS ²	7.75	6.33	9.83	10.85	11.82	14.55	16.54	18.44
Distribution rate	71.7%	72.7%	73.2%	74.7%	72.8%	70.2%	70.1%	69.8%
Net sales ¹	3,628	3,382	4,550	5,152	5,384	6,365	7,094	7,794
EBITDA ¹	2,650	2,263	3,430	3,790	3,962	4,775	5,514	6,138
EBIT ¹	2,488	2,091	3,251	3,506	3,736	4,560	5,112	5,681
Net income ¹	1,985	1,652	2,579	2,814	3,015	3,631	4,104	4,555
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	337.20	337.20	337.20
Nbr of stocks (in thousands)	250,000	249,625	251,159	251,877	249,287	248,512	-	-
Announcement Date	2/3/22 A	1/31/23 A	1/30/24 A	1/28/25 A	1/28/26 A	-	-	-

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.($)
JPMORGAN CHASE & CO.	13.96x	-	-	1.79%	937B
BANK OF AMERICA CORPORATION	12.75x	-	-	2%	416B
HSBC HOLDINGS PLC	12.4x	-	-	4.21%	347B
ROYAL BANK OF CANADA	17.51x	-	-	2.4%	283B
WELLS FARGO & COMPANY	12.27x	-	-	2.12%	271B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.66x	-	-	2.69%	266B
BANCO SANTANDER, S.A.	11.64x	-	-	1.99%	211B
THE TORONTO-DOMINION BANK	16.87x	-	-	2.62%	200B
COMMONWEALTH BANK OF AUSTRALIA	22.77x	-	-	3.39%	182B
Average	14.98x			2.58%	345.98B
Weighted average by Cap.	14.40x			2.41%