Sparebanken Mre Financials

We advise to exercise Sparebanken Mre fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Sparebanken Mre as well as the relationship between them. We were able to break down and interpolate thirty-six available drivers for Sparebanken Mre, which can be compared to its competition.
  
Understanding current and past Sparebanken Mre Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sparebanken Mre's financial statements are interrelated, with each one affecting the others. For example, an increase in Sparebanken Mre's assets may result in an increase in income on the income statement.

Sparebanken Mre Stock Summary

Sparebanken Mre competes with Sparebank, Sparebank, Sparebanken Vest, and Sparebanken Ost. Sparebanken Mre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Mre og Romsdal, Norway. Sparebanken Mre was founded in 1843 and is headquartered in lesund, Norway. SPAREBANKEN MORE is traded on Oslo Stock Exchange in Norway.
InstrumentNorway Stock View All
ExchangeOslo Stock Exchange
ISINNO0006390004
Business AddressKeiser Wilhelmsgt 2933,
SectorFinancial Services
IndustryBanks—Regional
BenchmarkDow Jones Industrial
Websitewww.sbm.no
Phone47 70 11 30 00
CurrencyNOK - Kroner
You should never invest in Sparebanken Mre without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sparebanken Stock, because this is throwing your money away. Analyzing the key information contained in Sparebanken Mre's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Sparebanken Mre Key Financial Ratios

There are many critical financial ratios that Sparebanken Mre's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sparebanken Mre reports annually and quarterly.

Sparebanken Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sparebanken Mre's current stock value. Our valuation model uses many indicators to compare Sparebanken Mre value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sparebanken Mre competition to find correlations between indicators driving Sparebanken Mre's intrinsic value. More Info.
Sparebanken Mre is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sparebanken Mre is roughly  11.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sparebanken Mre's earnings, one of the primary drivers of an investment's value.

Sparebanken Mre Market Pulse

 Quote83.00
 Change(%)  3.65 
 Change6.08 
 Open93.47
 Low93.0
 High93.51
 Volume0
 ExchangeOL

Sparebanken Mre November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sparebanken Mre help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sparebanken Mre. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sparebanken Mre based on widely used predictive technical indicators. In general, we focus on analyzing Sparebanken Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sparebanken Mre's daily price indicators and compare them against related drivers.

Other Information on Investing in Sparebanken Stock

Sparebanken Mre financial ratios help investors to determine whether Sparebanken Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sparebanken with respect to the benefits of owning Sparebanken Mre security.