MELG Relative Valuation - Melhus Sparebank - Alpha Spread

Melhus Sparebank
OSE:MELG

Watchlist Manager
Melhus Sparebank Logo
Melhus Sparebank
OSE:MELG
Watchlist
Price: 155 NOK Market Closed
Market Cap: 430.3m NOK
Have any thoughts about
Melhus Sparebank?
Write Note

Relative Value

The Relative Value of one MELG stock under the Base Case scenario is 182.23 NOK. Compared to the current market price of 155 NOK, Melhus Sparebank is Undervalued by 15%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MELG Relative Value
Base Case
182.23 NOK
Undervaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
93
vs Industry
81
Median 3Y
1.5
Median 5Y
1.4
Industry
2.3
Forward
1.3
vs History
63
vs Industry
54
Median 3Y
9.8
Median 5Y
9.6
Industry
10.1
Forward
11.6
vs History
69
vs Industry
90
Median 3Y
0.3
Median 5Y
0.3
Industry
0.9
vs History
20
vs Industry
74
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

MELG Competitors Multiples
Melhus Sparebank Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
NO
Melhus Sparebank
OSE:MELG
430.3m NOK 1.2 9.3 0.3
US
PNC Financial Services Group Inc
NYSE:PNC
74.4B USD 3.5 15.6 1.4
US
Truist Financial Corp
NYSE:TFC
57.4B USD 4 -26.4 0.9
US
M&T Bank Corp
NYSE:MTB
30.1B USD 3.3 13.4 1.1
US
Fifth Third Bancorp
NASDAQ:FITB
29.7B USD 3.5 13.8 1.5
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
28.2B USD 2.8 10.7 1.3
US
Huntington Bancshares Inc
NASDAQ:HBAN
21.7B USD 3 14 1.1
US
Regions Financial Corp
NYSE:RF
21.4B USD 3 12.9 1.2
CN
Bank of Jiangsu Co Ltd
SSE:600919
138.4B CNY 1.7 4.8 0.5
US
Citizens Financial Group Inc
NYSE:CFG
19.1B USD 2.4 15.7 0.8
CN
Bank of Ningbo Co Ltd
SZSE:002142
124.3B CNY 1.8 4.9 0.6

See Also

Discover More
Back to Top