Spar Nord Bank Stock Beta
| SPNO Stock | DKK 122.00 1.00 0.83% |
Spar Nord Bank fundamentals help investors to digest information that contributes to Spar Nord's financial success or failures. It also enables traders to predict the movement of Spar Stock. The fundamental analysis module provides a way to measure Spar Nord's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spar Nord stock.
Spar |
Spar Nord Bank Company Beta Analysis
Spar Nord's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Spar Nord Beta | 0.82 |
Most of Spar Nord's fundamental indicators, such as Beta, 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, Spar Nord Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Spar Nord Bank has a Beta of 0.8172. This indicator is about the same for the Banks average (which is currently at 0.82) sector and 53.3% lower than that of the Financials industry. The beta for all Denmark stocks is notably lower than that of the firm.
Spar Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spar Nord's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spar Nord could also be used in its relative valuation, which is a method of valuing Spar Nord by comparing valuation metrics of similar companies.Spar Nord is currently under evaluation in beta category among related companies.
As returns on the market increase, Spar Nord's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spar Nord is expected to be smaller as well.
Spar Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0118 | |||
| Profit Margin | 0.35 % | |||
| Operating Margin | 0.43 % | |||
| Current Valuation | 1.97 B | |||
| Shares Outstanding | 120.33 M | |||
| Shares Owned By Insiders | 34.66 % | |||
| Shares Owned By Institutions | 16.40 % | |||
| Price To Earning | 8.99 X | |||
| Price To Book | 1.01 X | |||
| Price To Sales | 3.20 X | |||
| Revenue | 4.07 B | |||
| Gross Profit | 4.07 B | |||
| EBITDA | 2.27 B | |||
| Net Income | 1.42 B | |||
| Cash And Equivalents | 9.18 B | |||
| Cash Per Share | 74.68 X | |||
| Total Debt | 7.77 B | |||
| Book Value Per Share | 103.30 X | |||
| Cash Flow From Operations | (473 M) | |||
| Earnings Per Share | 11.20 X | |||
| Price To Earnings To Growth | 1.59 X | |||
| Target Price | 126.0 | |||
| Number Of Employees | 1.64 K | |||
| Beta | 0.82 | |||
| Market Capitalization | 14.46 B | |||
| Total Asset | 123.94 B | |||
| Retained Earnings | 6.05 B | |||
| Working Capital | (52.63 B) | |||
| Current Asset | 9.85 B | |||
| Current Liabilities | 62.48 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 4.40 % | |||
| Net Asset | 123.94 B | |||
| Last Dividend Paid | 4.5 |
About Spar Nord Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spar Nord Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spar Nord using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spar Nord Bank 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.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spar Nord Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Spar Stock analysis
When running Spar Nord's price analysis, check to measure Spar Nord'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 Spar Nord is operating at the current time. Most of Spar Nord's value examination focuses on studying past and present price action to predict the probability of Spar Nord's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spar Nord's price. Additionally, you may evaluate how the addition of Spar Nord to your portfolios can decrease your overall portfolio volatility.
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