Sogn Sparebank (SOGN) Fair Value & Analysis
Financial Services · NO · Market cap 202M NOK
Fair value as of: Jul 12, 2026
From 4 valuation models · updated 29 days ago
A solid business, screening 100% undervalued on our models.
What matters now
- The price is below even our cautious bear case (kr 478.50). The market is more pessimistic than our downside scenario.
- Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality.
- For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.
How to read this chart
60‑month range kr 77.95 – kr 365.00 · fair‑value band kr 478.50 – kr 797.50 · the kr 319.00 price screens below the kr 638.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.
Analysis
Sogn Sparebank (SOGN) currently trades at kr 319.00, while our model-based Fair Value estimate is kr 638.00, implying the stock looks roughly 100.0% undervalued today. The Quality Score stands at 62/100 (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, Sogn Sparebank generated revenue of 254M NOK at a net margin of 43.3%. Revenue declined 5.3% year over year. It earns a return on equity of 8.7%. Net debt stands at 6.8B NOK. Fundamentals as of Jul 12, 2026
Our scenario range runs from kr 478.50 (bear case) to kr 797.50 (bull case); at kr 319.00, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 14% below its 52-week high and 37% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at 100%, SOGN screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 4 models by family
Widest divergence: Multiples (kr 2,324) versus Asset-Based (kr 1,389). Highest evidence: Residual Income (76).
Notify me when SOGN reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 64
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Sogn Sparebank provides various banking products and services in Norway. The bank primarily serves small and medium-sized enterprises in Sogn and offers retail banking services nationwide, focusing on growth areas and larger cities, with Sogn as its priority market.
Full company description
Sogn Sparebank provides various banking products and services in Norway. The bank primarily serves small and medium-sized enterprises in Sogn and offers retail banking services nationwide, focusing on growth areas and larger cities, with Sogn as its priority market. Its offerings include deposit accounts, lending products, insurance solutions, and securities trading, delivered through both digital platforms and physical branches. The company offers savings and pensions, housing loans, housing loans for young people, fixed-rate loans, proof of financing, moving mortgages, credit lines, refinance the housing loan, cabin loans, refinancing, car loans, loans for motorcycles, campers and atvs, consumer loans, car insurance, travel insurance, home insurance, home contents insurance, child insurance, e-scooter insurance, dog insurance. The company was incorporated in 1846 and is headquartered in Årdalstangen, Norway.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Sogn Sparebank reported revenue of kr 257M in FY2025 versus kr 192M in FY2021, a compound +7.6%/yr. Reported net income was kr 113M in FY2025, compounding +21.3%/yr from FY2021.
of which total revenue +8.3 pp · buybacks/dilution +0.0 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch SOGN: get an alert when its fair value changes →
Peer Group
Banks - Regional · 1083 stocks
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.
Valuation Multiples vs Banks - Regional median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| PT Bank Central Asia Tbk BBCA | 6,175 IDR | 6,087 IDR | -1% |
| KB Financial Group 105560 | 184,400 KRW | 213,797 KRW | +16% |
| PT Bank Rakyat Indonesia (Persero) Tbk BBRI | 2,970 IDR | 4,891 IDR | +65% |
| PT Bank Mandiri (Persero) Tbk BMRI | 4,310 IDR | 7,841 IDR | +82% |
| Banco Bradesco S.A BBD | 5,120 ARS | 10,240 ARS | +100% |
| Shinhan Financial Group 055550 | 107,900 KRW | 137,259 KRW | +27% |
| Hana Financial Group 086790 | 136,800 KRW | 193,969 KRW | +42% |
| Lloyds Banking Group LYG | 4,138 ARS | 8,275 ARS | +100% |
| Banco de Chile, CHILE | 193.10 CLP | 152.55 CLP | -21% |
| Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB | 59,400 VND | 84,201 VND | +42% |
Compare Sogn Sparebank with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Financial Services stocks →
Frequently asked questions
Is Sogn Sparebank (SOGN) overvalued or undervalued?
What is the fair value of SOGN?
What is the quality score of SOGN?
What is the revenue of Sogn Sparebank (SOGN)?
What is the net profit margin of SOGN?
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.
Track Sogn Sparebank and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.