JÆREN SPAREBANK |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 273 NOK | -0.36% |
|
+2.25% | +3.41% |
| Feb. 13 | Jæren Sparebank Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 | CI |
| 2023 | Jæren Sparebank's Equity Buyback announced on December 11, 2023, has expired. | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 751.8 | 786.8 | 1,023 | 1,171 | 1,302 | 1,342 | - | - |
| Enterprise Value (EV) 1 | 751.8 | 786.8 | 1,023 | 1,171 | 1,302 | 1,342 | 1,342 | 1,342 |
| P/E ratio | 9.39 x | 13.8 x | 13.3 x | 12.4 x | 11 x | 9.23 x | 9.2 x | 9.34 x |
| Yield | 6.54% | 4.69% | 5.29% | - | - | 6.96% | 6.96% | 6.96% |
| Capitalization / Revenue | 2.32 x | 2.63 x | 3.22 x | 3.13 x | 2.82 x | 2.58 x | 2.6 x | 2.61 x |
| EV / Revenue | 2.32 x | 2.63 x | 3.22 x | 3.13 x | 2.82 x | 2.58 x | 2.6 x | 2.61 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 0.78 x | 0.79 x | 0.98 x | - | - | 1.01 x | 0.97 x | 0.94 x |
| Nbr of stocks (in thousands) | 4,914 | 4,918 | 4,920 | 4,922 | 4,933 | 4,917 | - | - |
| Reference price 2 | 153.0 | 160.0 | 208.0 | 238.0 | 264.0 | 273.0 | 273.0 | 273.0 |
| Announcement Date | 2/13/20 | 2/10/21 | 2/10/22 | 2/8/23 | 2/13/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 324.5 | 299.5 | 317.9 | 373.8 | 462.4 | 519.7 | 516.6 | 513.8 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 166.1 | 141.5 | 155.2 | 168.6 | 252.6 | 305.7 | 298.7 | 292 |
| Operating Margin | 51.19% | 47.24% | 48.82% | 45.12% | 54.62% | 58.82% | 57.82% | 56.83% |
| Earnings before Tax (EBT) 1 | 195.1 | 137 | 189.7 | 214.1 | 287 | 338.2 | 333 | 326.9 |
| Net income 1 | 153.8 | 111.7 | 151.2 | 186.6 | 239.1 | 279.5 | 280.5 | 276.2 |
| Net margin | 47.4% | 37.28% | 47.57% | 49.92% | 51.71% | 53.78% | 54.3% | 53.76% |
| EPS 2 | 16.30 | 11.60 | 15.60 | 19.20 | 24.10 | 29.58 | 29.68 | 29.23 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 10.00 | 7.500 | 11.00 | - | - | 19.00 | 19.00 | 19.00 |
| Announcement Date | 2/13/20 | 2/10/21 | 2/10/22 | 2/8/23 | 2/13/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 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 | 80.68 | 86.26 | 84.43 | 87.47 | 94.8 | 107.1 | 106 | 114.5 | 117.6 | 124.3 | 125.5 | 134.1 | 130.3 | 129.8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 40.22 | 44.5 | 38.81 | 39.78 | 45.6 | 44.45 | 56.68 | 64.71 | 64.97 | 66.2 | 75 | 83.6 | 76.5 | 70.6 |
| Operating Margin | 49.85% | 51.59% | 45.97% | 45.48% | 48.1% | 41.5% | 53.47% | 56.5% | 55.25% | 53.26% | 59.76% | 62.34% | 58.71% | 54.39% |
| Earnings before Tax (EBT) 1 | 38.07 | 43.87 | 38.12 | 72.38 | 58.58 | 45.02 | 61.29 | 92.79 | 69.37 | 63.59 | 77.6 | 116.4 | 75.1 | 69.2 |
| Net income 1 | 28.43 | 35.88 | 28.03 | 75.13 | 47.35 | 36.1 | 46.87 | 91.6 | 53.53 | 47.18 | 59.2 | 112.2 | 56.3 | 51.9 |
| Net margin | 35.24% | 41.59% | 33.2% | 85.9% | 49.95% | 33.7% | 44.21% | 79.97% | 45.52% | 37.95% | 47.17% | 83.67% | 43.21% | 39.98% |
| EPS 2 | 2.900 | 3.600 | 2.900 | 7.900 | 4.900 | 3.500 | 4.700 | 9.300 | 5.300 | 4.700 | 6.260 | 11.87 | 5.960 | 5.490 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/11/21 | 2/10/22 | 5/11/22 | 8/10/22 | 11/10/22 | 2/8/23 | 5/10/23 | 8/9/23 | 11/9/23 | 2/13/24 | - | - | - | - |
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) | 8.5% | 5.8% | 7.5% | - | - | 12.3% | 12% | 11.5% |
| ROA (Net income/ Total Assets) | 1.08% | 0.75% | 0.98% | - | - | 1.6% | 1.5% | 1.4% |
| Assets 1 | 14,240 | 14,825 | 15,512 | - | - | 17,469 | 18,700 | 19,729 |
| Book Value Per Share 2 | 196.0 | 203.0 | 212.0 | - | - | 271.0 | 281.0 | 291.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/13/20 | 2/10/21 | 2/10/22 | 2/8/23 | 2/13/24 | - | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
273
NOK
Average target price
281
NOK
Spread / Average Target
+2.93%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.41% | 122M | |
| +13.75% | 556B | |
| +12.36% | 298B | |
| +8.64% | 247B | |
| +21.72% | 210B | |
| +16.11% | 170B | |
| +6.88% | 162B | |
| +4.42% | 153B | |
| +0.10% | 139B | |
| -11.67% | 138B |
- Stock Market
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- JAREN Stock
- Financials Jæren Sparebank
