EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nordea Bank Abp's Enterprise Value is €222,162 Mil.
Nordea Bank Abp's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-8,107 Mil. Therefore, Nordea Bank Abp's EV-to-FCF for today is -27.40.
The historical rank and industry rank for Nordea Bank Abp's EV-to-FCF or its related term are showing as below:
FRA:NDB'
s EV-to-FCF Range Over the Past 10 Years
Min: -421.63 Med: 6.4 Max: 635.11
Current: -27.54
During the past 13 years, the highest EV-to-FCF of Nordea Bank Abp was 635.11. The lowest was -421.63. And the median was 6.40.
FRA:NDB's EV-to-FCF is ranked worse than 100% of 1195
companies
in the Banks industry
Industry Median: 6.57
vs FRA:NDB: -27.54
EV-to-FCF 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.
EV-to-FCF 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.
Nordea Bank Abp's PE Ratio (TTM) for today is calculated as:
Nordea Bank Abp's share price for today is €16.995.
Nordea Bank Abp's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.370.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Nordea Bank Abp EV-to-FCF Related Terms
Nordea Bank Abp EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Nordea Bank Abp's EV-to-FCF 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.
For the Banks - Regional subindustry, Nordea Bank Abp's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Nordea Bank Abp EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Nordea Bank Abp's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Nordea Bank Abp's EV-to-FCF falls into.
Nordea Bank Abp's current Enterprise Value is €222,162 Mil.
Nordea Bank Abp's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-8,107 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.
Nordea Bank Abp (FRA:NDB) has a EV-to-FCF of -27.40 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nordea Bank Abp and its competitors. According to the industry distribution chart, Nordea Bank Abp ranks #999999 out of 1195 companies in the Banks industry.
Is Nordea Bank Abp's EV-to-FCF too high?
Nordea Bank Abp's current EV-to-FCF is -27.40. Based on the distribution chart, Nordea Bank Abp ranks #999999 out of 1195 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Nordea Bank Abp has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordea Bank Abp's EV-to-FCF compare to PNC and USB?
According to the Banks industry distribution chart, Nordea Bank Abp ranks #999999 out of 1195 companies for EV-to-FCF. This places Nordea Bank Abp in the lower half of its industry. The industry median EV-to-FCF is 6.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Banks company?
The median EV-to-FCF among Banks companies is 6.57, based on 1,195 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nordea Bank Abp and its competitors. For the Banks industry, the median EV-to-FCF is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordea Bank Abp's current EV-to-FCF is -27.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordea Bank Abp stock overvalued right now?
Based on GuruFocus' analysis, Nordea Bank Abp (FRA:NDB) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.79, compared to a current price of €17.00 — trading 44.1% above its estimated fair value. The current EV-to-FCF is -27.40. Nordea Bank Abp's overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Nordea Bank Abp (FRA:NDB), the current EV-to-FCF is -27.40 as of Jul. 07, 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 Nordea Bank Abp (FRA:NDB) Overvalued in 2026?
Based on GuruFocus' analysis, Nordea Bank Abp stock appears to be overvalued.
The current stock price of €17.00 is trading 44.1% above its estimated GF Value™ of €11.79.
GuruFocus considers Nordea Bank Abp to be Significantly Overvalued.
Key valuation signals for FRA:NDB:
EV-to-FCF: -27.40
GF Value™: €11.79 vs. price of €17.00 (44.1% above fair value)
No single metric tells the full story. See the FRA:NDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordea is a universal Nordic bank that generates most of its income through vanilla lending products such as mortgages, household loans, and corporate loans. The bank is also a leading equity and debt underwriter and issuer, specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.
66GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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