Nordnet AB (publ) (CHIX:SAVES) EV-to-OCF: 9.52 (As of Aug. 22, 2026) — 198% Above Median

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CHIX:SAVES Nordnet AB (publ) CHIX:SAVES
83 GF Score
Price kr357.60
GF Value kr282.29
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nordnet AB (publ) EV-to-OCF?

Nordnet AB (publ) CHIX:SAVES 83 EV-to-OCF is 9.52 as of Aug. 22, 2026, which is 198% above its 10-year median of 3.19. GuruFocus rates CHIX:SAVES with a GF Score™ of 83/100 and a GF Value™ of kr282.29 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 810 Capital Markets companies, Nordnet AB (publ) ranks worse than 72.84% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nordnet AB (publ)'s Enterprise Value is kr89,573 Mil. Nordnet AB (publ)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was kr9,413 Mil. Therefore, Nordnet AB (publ)'s EV-to-OCF for today is 9.52.

The historical rank and industry rank for Nordnet AB (publ)'s EV-to-OCF or its related term are showing as below:

CHIX:SAVEs' s EV-to-OCF Range Over the Past 10 Years
Min: -37.05   Med: 3.19   Max: 72.68
Current: 9.39

During the past 13 years, the highest EV-to-OCF of Nordnet AB (publ) was 72.68. The lowest was -37.05. And the median was 3.19.

CHIX:SAVEs's EV-to-OCF is ranked worse than
72.84% of 810 companies
in the Capital Markets industry
Industry Median: -0.405 vs CHIX:SAVEs: 9.39

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-22), Nordnet AB (publ)'s stock price is kr357.60. Nordnet AB (publ)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr12.980. Therefore, Nordnet AB (publ)'s PE Ratio (TTM) for today is 27.55.


Nordnet AB (publ)  (CHIX:SAVEs) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Nordnet AB (publ)'s PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=357.60/12.980
=27.55

Nordnet AB (publ)'s share price for today is kr357.60.
Nordnet AB (publ)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr12.980.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Nordnet AB (publ) EV-to-OCF Related Terms


Nordnet AB (publ) EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Nordnet AB (publ)'s EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nordnet AB (publ) EV-to-OCF Chart

Nordnet AB (publ) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 5.25 -3.09 9.05 5.00

Nordnet AB (publ) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.67 4.27 5.00 5.01 9.48

CHIX:SAVES vs MS, GS, SCHW: EV-to-OCF Comparison

For the Capital Markets subindustry, Nordnet AB (publ)'s EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nordnet AB (publ) EV-to-OCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Nordnet AB (publ)'s EV-to-OCF falls into.


CHIX:SAVES
83GF Score
Nordnet AB (publ) CHIX:SAVES
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordnet AB (publ) EV-to-OCF Calculation

Nordnet AB (publ)'s EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=89572.856/9413
=9.52

Nordnet AB (publ)'s current Enterprise Value is kr89,573 Mil.
Nordnet AB (publ)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr9,413 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 9.52 mean?
Nordnet AB (publ) (CHIX:SAVES) has a EV-to-OCF of 9.52 as of Aug. 22, 2026. This is 198% above median its historical median of 3.19. According to the industry distribution chart, Nordnet AB (publ) ranks #590 out of 810 companies in the Capital Markets industry, placing it in the top 72.8%.
Is Nordnet AB (publ)'s EV-to-OCF too high?
Nordnet AB (publ)'s current EV-to-OCF of 9.52 is 198% above median its 10-year median of 3.19. Based on the distribution chart, Nordnet AB (publ) ranks #590 out of 810 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Nordnet AB (publ) has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordnet AB (publ)'s EV-to-OCF compare to MS and GS?
According to the Capital Markets industry distribution chart, Nordnet AB (publ) ranks #590 out of 810 companies for EV-to-OCF. This places Nordnet AB (publ) in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Capital Markets company?
A good EV-to-OCF depends on the Capital Markets industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Nordnet AB (publ)'s current EV-to-OCF is 9.52, which is 198% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordnet AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Nordnet AB (publ) (CHIX:SAVES) is currently considered Modestly Overvalued. The stock's GF Value™ is kr282.29, compared to a current price of kr357.60 — trading 26.7% above its estimated fair value. The current EV-to-OCF is 9.52, which is 198% above median its 10-year median of 3.19. Nordnet AB (publ)'s overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Nordnet AB (publ) (CHIX:SAVES), the current EV-to-OCF is 9.52 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nordnet AB (publ) (CHIX:SAVES) Overvalued in 2026?

Based on GuruFocus' analysis, Nordnet AB (publ) stock appears to be overvalued. The current stock price of kr357.60 is trading 26.7% above its estimated GF Value™ of kr282.29. GuruFocus considers Nordnet AB (publ) to be Modestly Overvalued.

Key valuation signals for CHIX:SAVES:

  • EV-to-OCF: 9.52 (198% above median its 10-year median of 3.19)
  • GF Value™: kr282.29 vs. price of kr357.60 (26.7% above fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the CHIX:SAVES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordnet AB (publ) Business Description

Address Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25
Nordnet AB (publ) offers financial services and products, in savings and investments in its home markets of Sweden, Norway, Denmark, and Finland. Its products include savings and investments, pension, and loans. Its operating segments are Sweden, Norway, Denmark, and Finland of which Sweden derives the majority of the revenue.
83GF Score

Get the complete analysis for CHIX:SAVES

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr357.60
Price
kr282.29
GF Value