Kraft Bank Asa (KRAB) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Kraft Bank Asa stock NOK 12.65, price NOK 12.00, upside +5.4%, quality 76 out of 100. Rating: fairly valued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range kr 6.50 – kr 13.98 · fair‑value band kr 11.02 – kr 17.15 · the kr 12.00 price screens below the kr 12.65 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
Follow Kraft Bank in your weekly email
Every Wednesday you see whether Kraft Bank is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Kraft Bank ASA provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway. It also offers deposit and saving products, investment, and advisory services. The company was founded in 2016 and is based in Sandnes, Norway.
Stock analysis
Kraft Bank Asa (KRAB) currently trades at kr 12.00, while our model-based Fair Value estimate is kr 12.65, so the stock looks roughly fairly valued today (gap 5.1%).
Show more
Valuation
Bull case: the Multiples group reads highest at a median of kr 16.16 per share, and 2 of the 6 models we run sit above the kr 12.00 price.
Bear case: the Dividend Discount group reads lowest at kr 5.09, and 4 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: kr 11.02 (bear) to kr 17.15 (bull), the price of kr 12.00 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 76/100 (high quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Kraft Bank Asa reported revenue of 214M NOK in FY2025 versus 131M NOK in FY2021, a compound +13.1%/yr. Reported net income was 65.0M NOK in FY2025, compounding +8.9%/yr from FY2021.
Key figures
Market cap 504M NOK (≈ $53.4M) Micro · P/E ratio 8.1 · P/S ratio 2.48 · EPS (TTM) kr 1.49 · Dividend yield 6.3% · Net margin 33.4% · Return on equity 13.9% · Return on assets 1.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 69 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at 5%, KRAB screens cheaper than that median.
Fair Value models
Bearkr 11.02Fair Value kr 12.65Bullkr 17.15
Price kr 12.00 · Upside +5.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 0.6260 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+42.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.6%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+60.5%
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+15.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.9%
Dividend (yield on the price)6.3%
2025 sits 54% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 996 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score76 · Top 25%
Fair Value upside+5.4% · Above median
Profitability
Return on equity (12 months)13.9% · Top 25%
Return on assets1.5% · Top 25%
Net margin (12 months)33.4% · Above median
Operating margin (12 months)37.3% · Below median
Growth and dividend
Revenue growth (quarter YoY)1.8% · Below median
Dividend yield (12 months)6.3% · Top 25%
Balance sheet
Debt / equity0.08× · Lowest 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Kraft Bank Asa Fair Value". https://www.fairvalue-calculator.com/stock/KRAB
Frequently asked questions
Is Kraft Bank Asa (KRAB) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of kr 12.65 versus a price of kr 12.00, about +5% upside (fairly valued).
What is the fair value of KRAB?
Our model-based fair value for Kraft Bank Asa is kr 12.65 (as of Nov 5, 2026), built from audited fundamentals. The current price: kr 12.00.
What is the quality score of KRAB?
Kraft Bank Asa has a Quality Score of 76/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Kraft Bank Asa (KRAB)?
Our model-based price target is the fair value of kr 12.65 (as of Nov 5, 2026) from 6 valuation models. Cautious scenario kr 11.02, optimistic scenario kr 17.15. It is a calculation from audited fundamentals, not an analyst target.
What is the Kraft Bank Asa stock forecast for 2026?
Our models put fair value at kr 12.65, about +5% upside versus a price of kr 12.00 (fairly valued). Cautious scenario kr 11.02, optimistic scenario kr 17.15. The calculation is refreshed regularly with new filings.
What is the revenue of Kraft Bank Asa (KRAB)?
Kraft Bank Asa reported trailing-twelve-month revenue of about 204M NOK (latest available figure, as of Nov 5, 2026).
Does Kraft Bank Asa pay a dividend?
Kraft Bank Asa currently shows a dividend yield of 6.33% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Kraft Bank Asa (KRAB) and when is the ex-dividend date?
Kraft Bank Asa pays a dividend of kr 0.76 per share a year, a dividend yield of 6.3%. The last ex-dividend date was Aug 20, 2026. The payout ratio is 51.0% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of Kraft Bank Asa (KRAB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kraft Bank Asa it is kr 12.65 per share (as of Nov 5, 2026), against a price of kr 12.00. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Kraft Bank Asa stock overvalued or undervalued in 2026?
As of Nov 5, 2026, KRAB trades below its calculated fair value: price kr 12.00, fair value kr 12.65, a gap of about +5% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of KRAB?
No. The price is what the market pays today (kr 12.00); the fair value is what the company's own numbers justify (kr 12.65). For Kraft Bank Asa the two are kr 0.6500 per share apart. That gap is exactly why we show both numbers side by side.
How much is Kraft Bank Asa worth?
The market values Kraft Bank Asa at about 504M NOK (market capitalisation, as of Nov 5, 2026). Per share that is kr 12.00; our models calculate a fair value of kr 12.65 per share.
What do the bullish and bearish scenarios say about KRAB?
Our models span a range for Kraft Bank Asa: cautious scenario kr 11.02, base kr 12.65, optimistic kr 17.15 per share (as of Nov 5, 2026, price kr 12.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KRAB?
Kraft Bank Asa trades at a price-to-earnings ratio of 8.1 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 12.65 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings: 9.2. Other multiples: P/B 1.0, P/S 2.5.
How solid is the balance sheet of Kraft Bank Asa (KRAB)?
Balance-sheet figures for Kraft Bank Asa (as of Nov 5, 2026): return on equity 13.9%, debt of 0.08 per unit of equity. They feed the Quality Score of 76/100, which measures business quality independently of the share price.
How far is KRAB from its 52-week high?
Kraft Bank Asa trades at kr 12.00, about 14% below its 52-week high of kr 13.98 and 22% above the low of kr 9.87 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 12.65 is for.
Which stocks are comparable to Kraft Bank Asa?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Kraft Bank Asa stock attractive at the current price?
The data as of Nov 5, 2026: price kr 12.00, calculated fair value kr 12.65 (+5%), Quality Score 76/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of KRAB calculated?
We run Kraft Bank Asa through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of kr 12.65 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Kraft Bank Asa currently trades 5% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Kraft Bank Asa (KRAB)?
The closing price on Nov 6, 2026 was kr 12.00. Our model-based fair value is kr 12.65, about +5% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kraft Bank Asa right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Kraft Bank Asa
How large is the market capitalisation of Kraft Bank Asa (KRAB)?
The market capitalisation of Kraft Bank Asa is 504M NOK (≈ $53.4M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Kraft Bank Asa (KRAB)?
The price-to-sales ratio of Kraft Bank Asa is 2.48 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Kraft Bank Asa (KRAB)?
Earnings per share at Kraft Bank Asa are kr 1.49 (price ÷ EPS = P/E 8.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Kraft Bank Asa (KRAB)?
The dividend yield of Kraft Bank Asa is 6.3% (payout 51.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Kraft Bank Asa (KRAB)?
The net margin of Kraft Bank Asa is 33.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Kraft Bank Asa (KRAB)?
The return on equity (ROE) of Kraft Bank Asa is 13.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the return on assets of Kraft Bank Asa (KRAB)?
The return on assets (ROA) of Kraft Bank Asa is 1.4% (last twelve months). Profit relative to everything the company owns. Harder to inflate than return on equity because debt does not boost it.
What is the operating margin of Kraft Bank Asa (KRAB)?
The operating margin of Kraft Bank Asa is 37.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kraft Bank Asa (KRAB)?
Revenue at Kraft Bank Asa is growing +1.8% versus a year earlier (3y avg +13.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Kraft Bank Asa (KRAB)?
Earnings per share at Kraft Bank Asa are growing −17.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Kraft Bank Asa (KRAB) generate?
The free cash flow of Kraft Bank Asa is 224M NOK (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Kraft Bank Asa (KRAB) carry?
The net debt of Kraft Bank Asa is 40.4M NOK (fiscal year 2025, ≈ 0.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Kraft Bank Asa in the live analysis
One click puts Kraft Bank Asa on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 5, 2026