Nordnet AB (publ) (MIL:1SAVE) EV-to-FCF: 6.11 (As of Jul. 06, 2026) — 94% Above Median


MIL:1SAVE Nordnet AB (publ) MIL:1SAVE
57 GF Score
Price €32.54
GF Value €23.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nordnet AB (publ) EV-to-FCF?

Nordnet AB (publ) MIL:1SAVE 57 EV-to-FCF is 6.11 as of Jul. 06, 2026, which is 94% above its 10-year median of 3.15. GuruFocus rates MIL:1SAVE with a GF Score™ of 57/100 and a GF Value™ of €23.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 445 Capital Markets companies, Nordnet AB (publ) ranks better than 59.1% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nordnet AB (publ)'s Enterprise Value is €7,897.4 Mil. Nordnet AB (publ)'s Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,293.4 Mil. Therefore, Nordnet AB (publ)'s EV-to-FCF for today is 6.11.

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

MIL:1SAVE' s EV-to-FCF Range Over the Past 10 Years
Min: -31.98   Med: 3.15   Max: 110.4
Current: 6.26

During the past 13 years, the highest EV-to-FCF of Nordnet AB (publ) was 110.40. The lowest was -31.98. And the median was 3.15.

MIL:1SAVE's EV-to-FCF is ranked better than
59.1% of 445 companies
in the Capital Markets industry
Industry Median: 9.35 vs MIL:1SAVE: 6.26

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.

As of today (2026-07-06), Nordnet AB (publ)'s stock price is €32.54. Nordnet AB (publ)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.101. Therefore, Nordnet AB (publ)'s PE Ratio (TTM) for today is 29.55.


Nordnet AB (publ)  (MIL:1SAVE) EV-to-FCF Explanation

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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32.54/1.101
=29.55

Nordnet AB (publ)'s share price for today is €32.54.
Nordnet AB (publ)'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 €1.101.

* 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.


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


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

* Premium members only.

The historical data trend for Nordnet AB (publ)'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.

Nordnet AB (publ) EV-to-FCF Chart

Nordnet AB (publ) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 5.39 -3.04 9.43 5.11

Nordnet AB (publ) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 3.68 3.73 4.34 5.11 5.11

MIL:1SAVE vs MS, GS, SCHW: EV-to-FCF Comparison

For the Capital Markets subindustry, Nordnet AB (publ)'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.


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

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

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


MIL:1SAVE
57GF Score
Nordnet AB (publ) MIL:1SAVE
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordnet AB (publ) EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=7897.402/1293.352
=6.11

Nordnet AB (publ)'s current Enterprise Value is €7,897.4 Mil.
Nordnet AB (publ)'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 €1,293.4 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-FCF →
What does a EV-to-FCF of 6.11 mean?
Nordnet AB (publ) (MIL:1SAVE) has a EV-to-FCF of 6.11 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nordnet AB (publ) and its competitors. This is 94% above median its historical median of 3.15. According to the industry distribution chart, Nordnet AB (publ) ranks #182 out of 445 companies in the Capital Markets industry, placing it in the top 40.9%.
Is Nordnet AB (publ)'s EV-to-FCF too high?
Nordnet AB (publ)'s current EV-to-FCF of 6.11 is 94% above median its 10-year median of 3.15. The Capital Markets industry median EV-to-FCF is 9.35. Nordnet AB (publ)'s value of 6.11 is 34.7% below this industry median. Based on the distribution chart, Nordnet AB (publ) ranks #182 out of 445 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Nordnet AB (publ) has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordnet AB (publ)'s EV-to-FCF compare to MS and GS?
According to the Capital Markets industry distribution chart, Nordnet AB (publ) ranks #182 out of 445 companies for EV-to-FCF. This puts Nordnet AB (publ) in the upper half of its industry. The industry median EV-to-FCF is 9.35. Nordnet AB (publ)'s value of 6.11 is 34.7% below this benchmark. While the company's 10-year median is 3.15 vs. the industry median of 9.35, Nordnet AB (publ) has consistently been below the industry average. 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 Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.35, based on 445 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. Nordnet AB (publ)'s current EV-to-FCF of 6.11 is 34.7% below the industry median. 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 Nordnet AB (publ) and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordnet AB (publ)'s current EV-to-FCF is 6.11, which is 94% above median its own 10-year median of 3.15. 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) (MIL:1SAVE) is currently considered Significantly Overvalued. The stock's GF Value™ is €23.36, compared to a current price of €32.54 — trading 39.3% above its estimated fair value. The current EV-to-FCF is 6.11, which is 94% above median its 10-year median of 3.15 and 34.7% below the Capital Markets industry median of 9.35. Nordnet AB (publ)'s overall GF Score™ is 57/100 with 6 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 Nordnet AB (publ) (MIL:1SAVE), the current EV-to-FCF is 6.11 as of Jul. 06, 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) (MIL:1SAVE) Overvalued in 2026?

Based on GuruFocus' analysis, Nordnet AB (publ) stock appears to be overvalued. The current stock price of €32.54 is trading 39.3% above its estimated GF Value™ of €23.36. GuruFocus considers Nordnet AB (publ) to be Significantly Overvalued.

Key valuation signals for MIL:1SAVE:

  • EV-to-FCF: 6.11 (94% above median its 10-year median of 3.15)
  • GF Value™: €23.36 vs. price of €32.54 (39.3% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 34.7% below the Capital Markets median (#182 of 445)

No single metric tells the full story. See the MIL:1SAVE 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.
57GF Score

Get the complete analysis for MIL:1SAVE

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

€32.54
Price
€23.36
GF Value