Danske Bank As Stock Current Valuation
| DANSKE Stock | DKK 208.80 3.50 1.70% |
Valuation analysis of Danske Bank AS helps investors to measure Danske Bank's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Danske Bank's price fluctuation is very steady at this time. Calculation of the real value of Danske Bank AS is based on 3 months time horizon. Increasing Danske Bank's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Danske Bank AS is useful when determining the fair value of the Danske stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Danske Bank. Since Danske Bank is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Danske Stock. However, Danske Bank's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 208.8 | Real 179.21 | Hype 208.8 | Naive 207.24 |
The real value of Danske Stock, also known as its intrinsic value, is the underlying worth of Danske Bank AS Company, which is reflected in its stock price. It is based on Danske Bank's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Danske Bank's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Danske Bank's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Danske Bank AS helps investors to forecast how Danske stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Danske Bank more accurately as focusing exclusively on Danske Bank's fundamentals will not take into account other important factors: Danske Bank AS Company Current Valuation Analysis
Danske Bank's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Danske Bank Current Valuation | 1.02 T |
Most of Danske Bank's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Danske Bank AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Danske Bank AS has a Current Valuation of 1.02 T. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The current valuation for all Denmark stocks is significantly lower than that of the firm.
Danske Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danske Bank's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Danske Bank could also be used in its relative valuation, which is a method of valuing Danske Bank by comparing valuation metrics of similar companies.Danske Bank is currently under evaluation in current valuation category among related companies.
Danske Fundamentals
| Return On Equity | -0.0301 | |||
| Return On Asset | -0.0013 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 1.02 T | |||
| Shares Outstanding | 850.95 M | |||
| Shares Owned By Insiders | 21.02 % | |||
| Shares Owned By Institutions | 17.20 % | |||
| Price To Earning | 10.95 X | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 2.54 X | |||
| Revenue | 44.47 B | |||
| Gross Profit | 44.41 B | |||
| EBITDA | 52.35 B | |||
| Net Income | (5.07 B) | |||
| Cash And Equivalents | 746.42 B | |||
| Cash Per Share | 874.68 X | |||
| Total Debt | 1.39 T | |||
| Book Value Per Share | 188.40 X | |||
| Cash Flow From Operations | (109.36 B) | |||
| Earnings Per Share | 13.10 X | |||
| Price To Earnings To Growth | 2.09 X | |||
| Target Price | 167.32 | |||
| Number Of Employees | 21.02 K | |||
| Beta | 0.98 | |||
| Market Capitalization | 125.86 B | |||
| Total Asset | 3.76 T | |||
| Retained Earnings | 135.12 B | |||
| Working Capital | (566.67 B) | |||
| Current Asset | 989.48 B | |||
| Current Liabilities | 1.56 T | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 4.02 % | |||
| Net Asset | 3.76 T |
About Danske Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Danske Bank AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danske Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danske Bank AS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Danske Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danske Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danske Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Danske Stock
| 0.78 | KRE | Kreditbanken AS | PairCorr |
Moving against Danske Stock
| 0.83 | MAERSK-B | AP Mller | PairCorr |
| 0.76 | MAERSK-A | AP Mller | PairCorr |
| 0.67 | GRLA | Groenlandsbanken | PairCorr |
| 0.66 | RIAS-B | RIAS AS | PairCorr |
| 0.63 | EAC | EAC Invest AS | PairCorr |
The ability to find closely correlated positions to Danske Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danske Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danske Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danske Bank AS to buy it.
The correlation of Danske Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danske Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danske Bank AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danske Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danske Bank AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Danske Stock analysis
When running Danske Bank's price analysis, check to measure Danske Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danske Bank is operating at the current time. Most of Danske Bank's value examination focuses on studying past and present price action to predict the probability of Danske Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danske Bank's price. Additionally, you may evaluate how the addition of Danske Bank to your portfolios can decrease your overall portfolio volatility.
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