Romerike Sparebank (ROMER) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Romerike Sparebank NOK 197, price NOK 149, upside +32.4%, quality 42 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Romerike Sparebank for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range kr 81.36 – kr 161.30 · fair‑value band kr 185.38 – kr 219.54 · the kr 149.00 price screens below the kr 197.32 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Romerike Sparebank in your weekly email
Every Wednesday you see whether Romerike Sparebank 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.
Romerike Sparebank provides various banking products and services.
Show more
Romerike Sparebank provides various banking products and services. The company provides daily banking; mortgage for young people; proof of financing; refinancing of mortgage; green and moving mortgage; refinancing consumer debt; car, framework, construction, green rehabilitation, cottage, fixed-rate, and consumer loans; loans for motor cycles, motor homes, boats, and ATVs; and bank, BSU, mutual fund, retirement savings, micro saving, and fund savings for children. It also offers insurance for car, content, dog, travel, child, valuables, home, and electric scooters. In addition, the company provides savings and retirement products. The company was formerly known as Lillestrøm Sparebank and changed its name to Romerike Sparebank in September 2021. Romerike Sparebank was founded in 1887 and is headquartered in Lillestrøm, Norway.
Stock analysis
Romerike Sparebank (ROMER) currently trades at kr 149.00, while our model-based Fair Value estimate is kr 197.32, implying the stock looks roughly 24.5% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of kr 272.76 per share, and 4 of the 6 models we run sit above the kr 149.00 price.
Bear case: the Dividend Discount group reads lowest at kr 30.57, and 2 of the 6 models stay below the price. Evidence for this calculation is medium.
Scenario range: kr 185.38 (bear) to kr 219.54 (bull), the price of kr 149.00 sits below 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 42/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Romerike Sparebank reported revenue of 494M NOK in FY2025 versus 228M NOK in FY2021, a compound +21.3%/yr. Reported net income was 226M NOK in FY2025, compounding +20.3%/yr from FY2021.
Key figures
Market cap 1.6B NOK (≈ $170M) · P/E ratio 2.1 · P/S ratio 0.95 · EPS (TTM) kr 71.91 · Dividend yield 7.0% · Net margin 45.8% · Return on equity 8.7% · Return on assets 1.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 16% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −37% fair-value upside, at 32%, ROMER screens cheaper than that median.
Fair Value models
Bear kr 185.38Fair Value kr 197.32Bull kr 219.54
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (kr 44.92 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.Evidence ⓘEvidence = 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+5.3%
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.
+73.4%
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.
+19.0%
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.
+16.5%
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘ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.
+3.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−3.3%
Dividend (yield on the price)7.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−3% vs 6%, slowing
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 2.8%/yr over ~5Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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 · 1076 stocks
Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score42 · Bottom 25%
Fair Value upside+38% · Top 25%
Profitability
Return on equity (TTM)9% · Below median
Return on assets1% · Above median
Net margin (TTM)43% · Top 25%
Operating margin (TTM)62% · Top 25%
Growth and dividend
Revenue growth−8% · Bottom 25%
Dividend yield (TTM)7.0% · Top 25%
Balance sheet
Debt / equity2.44× · Highest 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). "Romerike Sparebank Fair Value". https://www.fairvalue-calculator.com/stock/ROMER
Frequently asked questions
Is Romerike Sparebank (ROMER) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 197.32 versus a price of kr 149.00, about +32% upside (undervalued).
What is the fair value of ROMER?
Our model-based fair value for Romerike Sparebank is kr 197.32 (as of Sep 24, 2026), built from audited fundamentals. The current price: kr 149.00.
What is the quality score of ROMER?
Romerike Sparebank has a Quality Score of 42/100. 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 Romerike Sparebank (ROMER)?
Our model-based price target is the fair value of kr 197.32 (as of Sep 24, 2026) from 6 valuation models. Cautious scenario kr 185.38, optimistic scenario kr 219.54. It is a calculation from audited fundamentals, not an analyst target.
What is the Romerike Sparebank stock forecast for 2026?
Our models put fair value at kr 197.32, about +32% upside versus a price of kr 149.00 (undervalued). Cautious scenario kr 185.38, optimistic scenario kr 219.54. The calculation is refreshed regularly with new filings.
What is the revenue of Romerike Sparebank (ROMER)?
Romerike Sparebank reported trailing-twelve-month revenue of about 476M NOK (latest available figure, as of Sep 24, 2026).
Does Romerike Sparebank pay a dividend?
Romerike Sparebank currently shows a dividend yield of about 7.05% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Romerike Sparebank (ROMER)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Romerike Sparebank it is kr 197.32 per share (as of Sep 24, 2026), against a price of kr 149.00. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Romerike Sparebank stock overvalued or undervalued in 2026?
As of Sep 24, 2026, ROMER trades below its calculated fair value: price kr 149.00, fair value kr 197.32, a gap of about +32% (undervalued). 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 ROMER?
No. The price is what the market pays today (kr 149.00); the fair value is what the company's own numbers justify (kr 197.32). For Romerike Sparebank the two are kr 48.32 per share apart. That gap is exactly why we show both numbers side by side.
How much is Romerike Sparebank worth?
The market values Romerike Sparebank at about 1.6B NOK (market capitalisation, as of Sep 24, 2026). Per share that is kr 149.00; our models calculate a fair value of kr 197.32 per share.
What do the bullish and bearish scenarios say about ROMER?
Our models span a range for Romerike Sparebank: cautious scenario kr 185.38, base kr 197.32, optimistic kr 219.54 per share (as of Sep 24, 2026, price kr 149.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ROMER?
Romerike Sparebank trades at a price-to-earnings ratio of 2.1 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 197.32 is built from several models across several years. Other multiples: P/B 0.1, P/S 0.4.
How solid is the balance sheet of Romerike Sparebank (ROMER)?
Balance-sheet figures for Romerike Sparebank (as of Sep 24, 2026): return on equity 8.7%, debt of 2.44 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is ROMER from its 52-week high?
Romerike Sparebank trades at kr 149.00, about 8% below its 52-week high of kr 161.30 and 16% above the low of kr 128.44 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of kr 197.32 is for.
Which stocks are comparable to Romerike Sparebank?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, Intesa Sanpaolo S.p.A, HDFC Bank Limited, 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 Romerike Sparebank stock attractive at the current price?
The data as of Sep 24, 2026: price kr 149.00, calculated fair value kr 197.32 (+32%), Quality Score 42/100, 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 ROMER calculated?
We run Romerike Sparebank through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of kr 197.32, 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 13.0 % above its aggregate fair value. Romerike Sparebank currently trades 32 % 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 Romerike Sparebank (ROMER)?
The closing price on Sep 24, 2026 was kr 149.00. Our model-based fair value is kr 197.32, about +32% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Romerike Sparebank right now?
The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (kr 185.38). The market is more pessimistic than our downside scenario. 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 Romerike Sparebank
How large is the market capitalisation of Romerike Sparebank (ROMER)?
The market capitalisation of Romerike Sparebank is 1.6B NOK (≈ $170M). 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 Romerike Sparebank (ROMER)?
The price-to-sales ratio of Romerike Sparebank is 0.95 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Romerike Sparebank (ROMER)?
Earnings per share at Romerike Sparebank are kr 71.91 (price ÷ EPS = P/E 2.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Romerike Sparebank (ROMER)?
The dividend yield of Romerike Sparebank is 7.0% (payout 14.6%). 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 Romerike Sparebank (ROMER)?
The net margin of Romerike Sparebank is 45.8% (fiscal year 2025). 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 Romerike Sparebank (ROMER)?
The return on equity (ROE) of Romerike Sparebank is 8.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the return on assets of Romerike Sparebank (ROMER)?
The return on assets (ROA) of Romerike Sparebank is 1.0% (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 Romerike Sparebank (ROMER)?
The operating margin of Romerike Sparebank is 62.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Romerike Sparebank (ROMER)?
Revenue at Romerike Sparebank is growing −8.1% versus a year earlier (3y avg +73.4%). 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 Romerike Sparebank (ROMER)?
Earnings per share at Romerike Sparebank are growing −15.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Romerike Sparebank (ROMER) generate?
The free cash flow of Romerike Sparebank is −440M 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 Romerike Sparebank (ROMER) carry?
The net debt of Romerike Sparebank is 6.0B NOK (fiscal year 2025). 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 Romerike Sparebank in the live analysis
One click puts Romerike Sparebank on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
