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Skandinaviska Enskilda Banken AB (SEB-A) Fair Value & Analysis

Financial Services · SE · Market cap 392B SEK

SE Skandinaviska Enskilda Banken AB SEB-A · ST
Pricekr 215.30
Fair Valuekr 209.77
Upside-2.6%
Quality69/100
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Evidence: High Range kr 157.33 – kr 262.22

Fair value as of: Jul 13, 2026

From 24 valuation models · updated 4 days ago

Fair value updated Jul 13, 2026, revised from kr 209.41 to kr 209.77 (+0.2%) since Jun 26, 2026. Share price +11.7% over the past month.

Price vs Fair Value (12 months)

kr 215.30 kr 155.19 Fair Value kr 209.77 Jul 2025 Jul 2026

12‑month range kr 155.19 – kr 215.30 · fair‑value band kr 157.33 – kr 262.22 · the kr 215.30 price screens above the kr 209.77 fair value. As of Jul 13, 2026.

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Analysis

Skandinaviska Enskilda Banken AB (SEB-A) currently trades at kr 215.30, while our model-based Fair Value estimate is kr 209.77, implying the stock looks roughly 2.6% fairly valued today. We read business quality at 69/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Skandinaviska Enskilda Banken AB generated revenue of 74.1B SEK at a net margin of 41.5%. Revenue declined 6.8% year over year. It earns a return on equity of 13.6%. Net debt stands at 544B SEK. Fundamentals as of Jul 13, 2026

Our scenario range runs from kr 157.33 (bear case) to kr 262.22 (bull case); at kr 215.30, the current price sits within that range. The share trades near its 52-week high and 40% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 68% fair-value upside, at -3%, SEB-A screens richer than that median.

Key figures & financial health

Revenue (TTM) 74.1B SEK
Revenue growth (YoY) -6.8%
Net margin 41.5%
Return on equity 13.6%
Free cash flow 31.9B SEK FY2025
P/E ratio 12.0
More key figures
Operating margin 52.8%
EPS (TTM) kr 15.37
Dividend yield 4.7%
EPS growth (YoY) -1.3%
Net debt 544B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 13, 2026. TTM = trailing twelve months.

About the company

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. It operates through Corporate & Investment Banking, Business & Retail Banking, Wealth & Asset Management, and Baltic segments. The company offers core banking products comprising loans, leasing, cards, and payment-related products; life insurance and pension solutions; capital market products consisting of trading and issues on financial markets; fund management; treasury services; structured financing solutions for commercial real estate, infrastructure projects, and shipping; investment banking services, including advisory, execution, and financing solutions for mergers and acquisitions, equities, leveraged finance, and debt capital markets; execution, advisory, and research for fixed income, currencies, and commodities; trade finance and asset solutions; and post-trade services, including sub-custody and global custody services. It also provides cash management products, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Skandinaviska Enskilda Banken AB reported revenue of kr 152B in FY2025 versus kr 60.9B in FY2021, a compound +25.8%/yr. Reported net income was kr 31.1B in FY2025, compounding +5.1%/yr from FY2021.

Revenue +25.8%/yr
FY21 kr 60.9B
FY22 kr 87.2B
FY23 kr 168B
FY24 kr 186B
FY25 kr 152B
Net income +5.1%/yr
FY21 kr 25.4B
FY22 kr 26.9B
FY23 kr 38.1B
FY24 kr 35.9B
FY25 kr 31.1B

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Cite: Fair Value Calculator (2026). "Skandinaviska Enskilda Banken AB Fair Value". https://www.fairvalue-calculator.com/stock/SEB-A

Recent news

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Frequently asked questions

Is Skandinaviska Enskilda Banken AB (SEB-A) undervalued?
As of Jul 13, 2026, our model estimates a fair value of kr 209.77 versus a price of kr 215.30, about −3% (fairly valued). Model-based estimate, not financial advice.
What is the fair value of SEB-A?
Our model-based fair value for Skandinaviska Enskilda Banken AB is kr 209.77 (as of Jul 13, 2026), built from audited fundamentals. The current price is kr 215.30.
What is the quality score of SEB-A?
Skandinaviska Enskilda Banken AB has a Quality Score of 69/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Skandinaviska Enskilda Banken AB (SEB-A)?
Skandinaviska Enskilda Banken AB reported trailing-twelve-month revenue of about 74.1B SEK (latest available figure, as of Jul 13, 2026).
What is the net profit margin of SEB-A?
The net profit margin of Skandinaviska Enskilda Banken AB is about 41.5%, meaning it keeps roughly 41.5% of revenue as net income. Based on the latest reported figures.
Does Skandinaviska Enskilda Banken AB pay a dividend?
Skandinaviska Enskilda Banken AB currently shows a dividend yield of about 4.68% relative to its recent price (as of Jul 13, 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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