Financials Pareto Bank ASA

Equities

PARB

NO0010397581

Banks

Market Closed - Oslo Bors 10:45:00 2024-04-30 am EDT 5-day change 1st Jan Change
58 NOK -1.69% Intraday chart for Pareto Bank ASA +2.84% +7.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,696 2,745 4,156 3,345 4,139 4,453 - -
Enterprise Value (EV) 1 2,696 2,745 4,156 3,345 4,139 4,453 4,453 4,453
P/E ratio 6.93 x 6.56 x 8.39 x 6.21 x 7.3 x 6.92 x 6.75 x 6.37 x
Yield 7.25% 3.82% 5.88% 8.07% 7.24% 8.19% 9.05% 9.48%
Capitalization / Revenue 3.89 x 3.64 x 4.89 x 3.47 x 3.7 x 3.58 x 3.5 x 3.38 x
EV / Revenue 3.89 x 3.64 x 4.89 x 3.47 x 3.7 x 3.58 x 3.5 x 3.38 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.88 x 0.82 x 1.15 x 0.85 x 0.91 x 0.91 x 0.86 x 0.81 x
Nbr of stocks (in thousands) 69,852 69,852 69,852 69,915 76,782 76,782 - -
Reference price 2 38.60 39.30 59.50 47.85 53.90 58.00 58.00 58.00
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 692.3 754.5 850.7 965.3 1,119 1,246 1,273 1,318
EBITDA - - - - - - - -
EBIT 1 554.3 610 688.3 778.8 915.9 1,023 1,036 1,072
Operating Margin 80.06% 80.85% 80.91% 80.68% 81.82% 82.12% 81.43% 81.37%
Earnings before Tax (EBT) 1 524.5 565.1 668.2 733.8 794.2 884.6 908.7 960.2
Net income 1 397.6 428.4 504.5 555.5 605.5 643.4 660.2 698.9
Net margin 57.44% 56.77% 59.3% 57.55% 54.09% 51.65% 51.87% 53.03%
EPS 2 5.570 5.990 7.090 7.710 7.380 8.380 8.598 9.105
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.800 1.500 3.500 3.860 3.900 4.750 5.250 5.500
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - - -
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 2025 Q1 2025 Q2
Net sales 1 217.6 215.7 231.2 244.2 274.2 259.5 266.1 284.3 309.4 302.2 309.3 316.1 317.8 316 323
EBITDA - - - - - - - - - - - - - - -
EBIT 1 177.5 170.4 185.6 197.5 225.3 209 214.7 233.9 258.3 246.6 253.5 261 262.5 256 262
Operating Margin 81.57% 79% 80.27% 80.89% 82.16% 80.54% 80.67% 82.27% 83.48% 81.6% 81.95% 82.57% 82.6% 81.01% 81.11%
Earnings before Tax (EBT) 1 166.4 154.9 175.9 176.5 226.5 172.7 201.8 203.6 216.2 231.3 214.6 220.5 223.4 220.9 224.7
Net income 1 126 116.9 133 133.5 172.1 130.9 154.4 155.2 165 176.1 155.2 160.4 162.3 160.5 163.3
Net margin 57.9% 54.2% 57.53% 54.67% 62.78% 50.43% 58.02% 54.59% 53.32% 58.27% 50.17% 50.75% 51.06% 50.81% 50.55%
EPS 2 1.770 1.640 1.840 1.850 2.390 1.790 2.030 1.890 2.010 2.150 2.027 2.085 2.113 2.089 2.127
Dividend per Share 2 3.500 - - - 3.860 - - - 3.900 - - - 5.000 - -
Announcement Date 1/27/22 4/27/22 7/20/22 10/20/22 1/26/23 4/25/23 7/18/23 10/25/23 1/25/24 4/25/24 - - - - -
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) 14.3% 13% 14% 14.6% 13.8% 13.6% 13.1% 13.1%
ROA (Net income/ Total Assets) 2.4% 2.32% 2.56% 2.49% 2.52% 2.4% 2.4% 2.4%
Assets 1 16,559 18,494 19,707 22,296 24,071 26,810 27,508 29,122
Book Value Per Share 2 43.80 47.80 51.90 56.10 59.30 63.80 67.60 71.50
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
58 NOK
Average target price
68 NOK
Spread / Average Target
+17.24%
Consensus
  1. Stock Market
  2. Equities
  3. PARB Stock
  4. Financials Pareto Bank ASA