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Nordea Bank Abp (NDA-FI) Fair Value & Analysis

Financial Services · FI · Market cap €57.3B

NB Nordea Bank Abp NDA-FI · HE
Price€17.11
Fair Value€18.54
Upside+8.4%
Quality60/100
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Evidence: High Range €13.90 – €23.17 📤 Share as image

Fair value as of: Jul 16, 2026

From 15 valuation models · updated 5 days ago

Share price +3.6% over the past month.

Price vs Fair Value (12 months)

€17.11 €11.37 Fair Value €18.54 Jul 2025 Jul 2026

12‑month range €11.37 – €17.11 · fair‑value band €13.90 – €23.17 · the €17.11 price screens below the €18.54 fair value. As of Jul 16, 2026.

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Analysis

Nordea Bank Abp (NDA-FI) currently trades at €17.11, while our model-based Fair Value estimate is €18.54, implying the stock looks roughly 8.4% fairly valued today. We read business quality at 60/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Nordea Bank Abp generated revenue of €11.6B at a net margin of 40.6%. Revenue grew 1.4% year over year. It earns a return on equity of 15.7%. Net debt stands at €160B. Fundamentals as of Jul 16, 2026

Our scenario range runs from €13.90 (bear case) to €23.17 (bull case); at €17.11, the current price sits within that range. The share trades near its 52-week high and 53% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 41% fair-value upside, at 8%, NDA-FI screens richer than that median.

Key figures & financial health

Revenue (TTM) €11.6B
Revenue growth (YoY) +1.4%
Net margin 40.6%
Return on equity 15.7%
Free cash flow −€3.2B FY2025
P/E ratio 12.1
More key figures
Operating margin 47.9%
EPS (TTM) €1.36
Dividend yield 5.8%
EPS growth (YoY) -8.6%
Net debt €160B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

Nordea Bank Abp offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The company provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices. It also offers payments, cash management, cards, working capital management, and cards and finance solutions. In addition, the company provides financing, payment, investment banking, capital market products, and securities services; and investment, savings, and risk management solutions. Further, it offers savings products and asset management, including investment funds, discretionary management, portfolio advice, and equity trading and pension accounts; and asset-based financing through leasing, hire purchase, factoring, and sales to finance partners, such as …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nordea Bank Abp reported revenue of €21.8B in FY2025 versus €10.4B in FY2021, a compound +20.3%/yr. Reported net income was €4.8B in FY2025, compounding +6.0%/yr from FY2021.

Revenue +20.3%/yr
FY21 €10.4B
FY22 €12.8B
FY23 €24.0B
FY24 €25.5B
FY25 €21.8B
Net income +6.0%/yr
FY21 €3.8B
FY22 €3.6B
FY23 €4.9B
FY24 €5.1B
FY25 €4.8B

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Cite: Fair Value Calculator (2026). "Nordea Bank Abp Fair Value". https://www.fairvalue-calculator.com/stock/NDA-FI

Recent news

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Frequently asked questions

Is Nordea Bank Abp (NDA-FI) undervalued?
As of Jul 16, 2026, our model estimates a fair value of €18.54 versus a price of €17.11, about +8% (fairly valued). Model-based estimate, not financial advice.
What is the fair value of NDA-FI?
Our model-based fair value for Nordea Bank Abp is €18.54 (as of Jul 16, 2026), built from audited fundamentals. The current price is €17.11.
What is the quality score of NDA-FI?
Nordea Bank Abp has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Nordea Bank Abp (NDA-FI)?
Nordea Bank Abp reported trailing-twelve-month revenue of about €11.6B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of NDA-FI?
The net profit margin of Nordea Bank Abp is about 40.6%, meaning it keeps roughly 40.6% of revenue as net income. Based on the latest reported figures.
Does Nordea Bank Abp pay a dividend?
Nordea Bank Abp currently shows a dividend yield of about 5.84% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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