NOBA Bank Group (NOBA) Fair Value & Analysis
Financial Services · SE · Market cap 38.4B SEK
Analysis
NOBA Bank Group (NOBA) currently trades at kr 80.60, while our model-based Fair Value estimate is kr 136.52 — implying the stock looks roughly 69.4% undervalued today. We read business quality at 95/100 (high 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.
About the company
NOBA Bank Group AB (publ) provides financial and banking products and services in Sweden, Norway, Finland, Denmark, Germany, Spain, Ireland, and the Netherlands. It operates through three brands namely, Nordax Bank, Bank Norwegian and Svensk Hypotekspension. The company's services include private loans, credit cards, specialist mortgages, equity release mortgages, cross-border lending, and deposits for retail customers. The company was formerly known as Nordax Bank AB (publ) and changed its name to NOBA Bank Group AB (publ) in June 2023. NOBA Bank Group AB (publ) was incorporated in 2003 and is based in Stockholm, Sweden.
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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.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.