XSTOARION SDB
Market cap1.70bUSD
Dec 20, Last price
13.25SEK
1D
3.52%
1Q
27.40%
IPO
94.28%
Name
Arion banki hf
Chart & Performance
Profile
Arion banki hf. provides various financial services to households, corporates, institutions, and investors in Iceland and internationally. It operates through three segments: Retail Banking, Corporate & Investment Banking, and Markets & Stefnir. The Retail Banking segment offers financial services, which includes deposits and loans, savings, payment cards, pensions, insurance, securities, and funds. The Corporate & Investment Banking segment provides a range of lending products, such as guarantees, deposit accounts, payment solutions, and value-added digital solutions to SMEs, large cap companies, and investors; international transactions; and various financial advisory services, including M&A advisory, equity private placements, IPOs, and other offerings of securities. The Markets & Stefnir segment manages financial assets on behalf of its customers, as well as a range of mutual, investment, and institutional investor funds; administers pension funds; and provides various services capital markets. It also offers liquidity, currency, and interest rate management services; handles various debt issuance in the domestic and foreign markets, as well as maintaining its credit ratings; provides non-life and life insurance; and invests in properties. The company was incorporated in 2008 and is based in Reykjavík, Iceland.
Valuation
Title ISK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 61,353,000 9.17% | 56,200,000 -2.53% | 57,661,000 13.65% | |||||||
Cost of revenue | (1,626,000) | 5,233,000 | 4,154,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 62,979,000 | 50,967,000 | 53,507,000 | |||||||
NOPBT Margin | 102.65% | 90.69% | 92.80% | |||||||
Operating Taxes | 9,595,000 | 9,809,000 | 6,782,000 | |||||||
Tax Rate | 15.24% | 19.25% | 12.67% | |||||||
NOPAT | 53,384,000 | 41,158,000 | 46,725,000 | |||||||
Net income | 25,755,000 36.46% | 18,873,000 -34.02% | 28,605,000 70.81% | |||||||
Dividends | (12,357,000) | (22,489,000) | (2,857,000) | |||||||
Dividend yield | 73.53% | 130.20% | 12.62% | |||||||
Proceeds from repurchase of equity | (2,981,000) | (9,536,000) | (27,819,000) | |||||||
BB yield | 17.74% | 55.21% | 122.84% | |||||||
Debt | ||||||||||
Debt current | ||||||||||
Long-term debt | 440,864,000 | 392,603,000 | ||||||||
Deferred revenue | ||||||||||
Other long-term liabilities | (439,851,000) | (392,603,000) | ||||||||
Net debt | (308,590,000) | 132,630,000 | 97,221,000 | |||||||
Cash flow | ||||||||||
Cash from operating activities | (11,367,000) | 57,392,000 | 64,471,000 | |||||||
CAPEX | (457,000) | (773,000) | (1,586,000) | |||||||
Cash from investing activities | (977,000) | 17,063,000 | (296,000) | |||||||
Cash from financing activities | (22,052,000) | (19,925,000) | (30,676,000) | |||||||
FCF | 37,860,000 | 41,596,000 | 47,268,000 | |||||||
Balance | ||||||||||
Cash | 102,095,000 | 114,118,000 | 69,057,000 | |||||||
Long term investments | 206,495,000 | 194,116,000 | 226,325,000 | |||||||
Excess cash | 305,522,350 | 305,424,000 | 292,498,950 | |||||||
Stockholders' equity | 190,127,000 | 168,524,000 | 164,692,000 | |||||||
Invested Capital | 1,335,545,000 | 1,286,331,000 | 1,139,744,000 | |||||||
ROIC | 4.07% | 3.39% | 4.31% | |||||||
ROCE | 4.13% | 3.50% | 4.10% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,525,000 | 1,576,000 | 1,690,000 | |||||||
Price | 11.02 0.55% | 10.96 -18.21% | 13.40 118.95% | |||||||
Market cap | 16,805,500 -2.71% | 17,272,960 -23.73% | 22,646,000 114.76% | |||||||
EV | (291,281,500) | 150,551,960 | 120,540,000 | |||||||
EBITDA | 63,723,000 | 52,686,000 | 54,266,000 | |||||||
EV/EBITDA | 2.86 | 2.22 | ||||||||
Interest | 78,431,000 | 43,314,000 | 21,895,000 | |||||||
Interest/NOPBT | 124.54% | 84.98% | 40.92% |