ScoreWhy is Nordnet AB ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 32.63%
- Healthy long term growth as Net Sales has grown by an annual rate of 16.80% and Operating profit at 20.25%
2
Positive results in Jun 26
- NET SALES(Q) Highest at SEK 1,974 MM
- RAW MATERIAL COST(Y) Fallen by -1.7% (YoY)
- DEBTORS TURNOVER RATIO(HY) Highest at 588.83 times
3
With ROE of 36.31%, it has a expensive valuation with a 9.20 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 30.79%, its profits have risen by 6% ; the PEG ratio of the company is 3.8
4
Consistent Returns over the last 3 years
- Along with generating 30.79% returns in the last 1 year, the stock has outperformed OMX Stockholm 30 in each of the last 3 annual periods
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Nordnet AB should be less than 10%
- Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Nordnet AB for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Nordnet AB
30.79%
2.73
24.48%
OMX Stockholm 30
27.7%
1.79
15.50%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
16.80%
EBIT Growth (5y)
20.25%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.94
Tax Ratio
19.34%
Dividend Payout Ratio
72.69%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
88.25%
ROE (avg)
32.63%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
25
Industry P/E
Price to Book Value
9.20
EV to EBIT
18.95
EV to EBITDA
17.85
EV to Capital Employed
17.25
EV to Sales
10.78
PEG Ratio
3.77
Dividend Yield
NA
ROCE (Latest)
91.01%
ROE (Latest)
36.31%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
No Trend
Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend7What is working for the Company
NET SALES(Q)
Highest at SEK 1,974 MM
RAW MATERIAL COST(Y)
Fallen by -1.7% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 588.83 times
PRE-TAX PROFIT(Q)
Highest at SEK 1,194 MM
NET PROFIT(Q)
Highest at SEK 948.23 MM
EPS(Q)
Highest at SEK 3.8
-2What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at SEK -4,152 MM
Here's what is working for Nordnet AB
Net Sales
Highest at SEK 1,974 MM and Grown
In each period in the last five periodsMOJO Watch
Near term sales trend is very positive
Net Sales (SEK MM)
Pre-Tax Profit
Highest at SEK 1,194 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SEK MM)
Net Profit
Highest at SEK 948.23 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
EPS
Highest at SEK 3.8
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (SEK)
Debtors Turnover Ratio
Highest at 588.83 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -1.7% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at SEK 63 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (SEK MM)
Here's what is not working for Nordnet AB
Operating Cash Flow
Lowest at SEK -4,152 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (SEK MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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