Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Avanza Bank Holding AB is a leading digital bank headquartered in Stockholm, Sweden, specializing in online savings and investment solutions primarily for private customers. Founded in 1999, it provides a comprehensive range of products including share and fund accounts, investment savings, endowment insurance, pension plans, occupational pensions, and mortgages such as external, green, private banking, and margin loans. The bank generates revenue through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange, and partnerships with investment product suppliers, without charging fixed or deposit fees to emphasize cost efficiency via its digital platform. With a workforce of 679 employees, Avanza Bank Holding AB operates in the financial services sector, focusing on investment banking and brokerage. It supports individual investors, professionals, entrepreneurs, asset managers, and corporate pension clients, while offering decision support, news, and advice through platforms like Placera and Börsveckan. The bank's growth hinges on expanding savings capital, underscoring its pivotal role in Sweden's retail investment landscape.
kr 377.80
kr 4.10 (-1.07%)
Live · 04:16 PM · Twelve Data
Revenue grew 15.2%, still solid.
Even for strong businesses, today's 23x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
22.9x earnings, 1.9x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 4.49B
▲ +15.2% YoY
Net Income (TTM)
kr 2.63B
▲ +16.7% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
kr 31.43B
▲ +695.4% YoY
Op. Cash Flow (TTM)
kr 31.50B
▲ +688.9% YoY
Net Debt
-kr 12.71B
Net Cash Position
Cash & Equiv.
kr 13.06B
3Y CAGR: +14.8%
3Y CAGR: +60.5%
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At a P/E of 22.9 and a price-to-free-cash-flow of 1.9, Avanza Bank Holding AB (publ) (AZA.XSTO) trades below a two-stage DCF intrinsic value of about SEK 10,158.44 per share, so at SEK 377.80 the stock looks undervalued (2,588.8% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Avanza Bank Holding AB (publ) scores 69/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about SEK 10,158.44 per share for AZA.XSTO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around SEK 7,618.83. At today's SEK 377.80, that puts the stock about 2,588.8% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Avanza Bank Holding AB (publ) scores 69 out of 100 on Intrinsiqq's quality score, passing 4 of 6 checks, which makes it a solid business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
Yes, Avanza Bank Holding AB (publ) pays a regular dividend of about SEK 11.74 per share per year (typically in quarterly installments), a yield of roughly 3.1% at the current price. That is a payout ratio of about 70.2% of earnings, so the dividend is covered, with less cushion. Avanza Bank Holding AB (publ) has grown the dividend at roughly 33.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For AZA.XSTO's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. AZA.XSTO currently trades below its estimated intrinsic value and scores 69/100 on quality (solid). It also yields about 3.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.