Sparebanken More - Depository Receipts

NEW
OSL:MORG (Norway)   Depository Receipts
kr 105.56 +0.76 (+0.73%) Jul 24
10.92
P/B:
0.57
Market Cap:
kr 5.24B ($ 516.82M)
Enterprise V:
kr 46.90B ($ 4.63B)
Volume:
3.77K
Avg Vol (2M):
33.30K
Trade In:
Volume:
3.77K
Avg Vol (2M):
33.30K

Sparebanken More’s share price is kr105.56. Its GF Value is kr96.34. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Sparebanken More stock is .

The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.

GF Value Growth:

In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:

Price: kr105.56 GF Value Price/GF Value
Current kr96.34 1.10
Next FY1 End kr95.75 1.10
Next 12 Month kr97.07 1.09
Next FY2 End kr98.02 1.08
Correlation Analysis
Summary:

GuruFocus performed a correlation analysis comparing Sparebanken More's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.

The analysis reveals the strongest correlation between Sparebanken More's stock price and Book Value per share, with a coefficient of 80%. This is followed by a 66% correlation with Revenue per share. Sparebanken More’s stock price shows no significant correlation with Earnings without NRI per share. Sparebanken More’s stock price shows no significant correlation with Operating Cash Flow per share.

Historical Trends of Key Valuation Ratios
GF Value of Related Companies