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Melhus Sparebank
OSE:MELG

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Melhus Sparebank
OSE:MELG
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Price: 190.04 NOK -1.87% Market Closed
Market Cap: kr528.3m

P/B

0.3
Current
2%
More Expensive
vs 3-y average of 0.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.3
=
Market Cap
kr560.8m
/
Total Equity
kr1.7B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.3
=
Market Cap
kr560.8m
/
Total Equity
kr1.7B

Valuation Scenarios

Melhus Sparebank is trading above its 3-year average

If P/B returns to its 3-Year Average (0.3), the stock would be worth kr186.33 (2% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-2%
Maximum Upside
+439%
Average Upside
147%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.3 kr190.04
0%
3-Year Average 0.3 kr186.33
-2%
5-Year Average 0.3 kr190.93
+0%
Industry Average 0.8 kr472.15
+148%
Country Average 1.7 kr1 024.94
+439%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 99% of companies in Norway
Percentile
1st
Based on 659 companies
1st percentile
0.3
Low
0 — 1.2
Typical Range
1.2 — 3.3
High
3.3 —
Distribution Statistics
Norway
Min 0
30th Percentile 1.2
Median 1.7
70th Percentile 3.3
Max 234.8

Other Multiples

Melhus Sparebank
Glance View

Market Cap
528.3m NOK
Industry
Banking

Melhus Sparebank engages in the provision of banking and financial services. The company is headquartered in Melhus, Sor-Trondelag. The Bank is engaged in the provision of banking services. Its offers online and mobile banking services, card issue, payment services, mortgage and different kind of small loans, saving and retire account, property and health insurance and real estate credit among others. Its primary customers include private customers and small and medium-sized enterprises.

MELG Intrinsic Value
215.53 NOK
Undervaluation 12%
Intrinsic Value
Price kr190.04
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