Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Nordea Bank Abp (NDA-FI.HE)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$43.57 - $208.67$77.22
Multi-Stage$34.04 - $37.22$35.60
Blended Fair Value$56.41
Current Price$12.61
Upside347.36%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.91%6.38%0.920.820.760.910.000.800.780.750.740.71
YoY Growth--11.89%8.32%-16.82%0.00%-100.00%1.49%4.65%1.59%3.32%44.23%
Dividend Yield--7.80%7.73%7.70%9.71%0.00%15.51%11.38%8.70%6.88%8.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,850.00
(-) Cash Dividends Paid (M)3,268.00
(=) Cash Retained (M)1,582.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)970.00606.25363.75
Cash Retained (M)1,582.001,582.001,582.00
(-) Cash Required (M)-970.00-606.25-363.75
(=) Excess Retained (M)612.00975.751,218.25
(/) Shares Outstanding (M)3,504.093,504.093,504.09
(=) Excess Retained per Share0.170.280.35
LTM Dividend per Share0.930.930.93
(+) Excess Retained per Share0.170.280.35
(=) Adjusted Dividend1.111.211.28
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate4.38%5.38%6.38%
Fair Value$43.57$77.22$208.67
Upside / Downside245.51%512.38%1,554.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,850.005,110.865,385.745,675.415,980.666,302.336,491.40
Payout Ratio67.38%71.91%76.43%80.95%85.48%90.00%92.50%
Projected Dividends (M)3,268.003,674.974,116.264,594.395,112.055,672.096,004.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate4.38%5.38%6.38%
Year 1 PV (M)3,400.973,433.553,466.13
Year 2 PV (M)3,525.343,593.213,661.73
Year 3 PV (M)3,641.453,747.123,854.81
Year 4 PV (M)3,749.643,895.424,045.40
Year 5 PV (M)3,850.244,038.244,233.52
PV of Terminal Value (M)101,110.12106,047.25111,175.40
Equity Value (M)119,277.75124,754.79130,436.99
Shares Outstanding (M)3,504.093,504.093,504.09
Fair Value$34.04$35.60$37.22
Upside / Downside169.94%182.34%195.20%

High-Yield Dividend Screener

« Prev Page 17 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SAHSonic Automotive, Inc.2.13%$1.3135.28%
AIG-PAAmerican International Group, Inc.2.12%$1.6930.01%
LANCLancaster Colony Corporation2.11%$3.8261.80%
TDACTranslational Development Acquisition Corp.2.10%$0.2279.86%
FASTFastenal Company2.09%$0.8579.50%
FDUSFidus Investment Corporation2.09%$0.4117.86%
IBOCInternational Bancshares Corporation2.09%$1.4020.70%
SMRSXALPS/Smith Short Duration Bond Investor2.09%$0.2298.81%
SSSSSuRo Capital Corp.2.09%$0.208.46%
MLRMiller Industries, Inc.2.08%$0.7830.00%
OACCOaktree Acquisition Corp. III Life Sciences2.08%$0.2261.74%
FCCOFirst Community Corporation2.07%$0.6025.08%
GNTXGentex Corporation2.07%$0.4928.42%
OACCUOaktree Acquisition Corp. III Life Sciences Unit2.07%$0.2261.74%
DLBDolby Laboratories, Inc.2.06%$1.3149.64%
APOGApogee Enterprises, Inc.2.05%$0.7737.24%
CAKEThe Cheesecake Factory Incorporated2.05%$1.0832.74%
EWBCEast West Bancorp, Inc.2.05%$2.3625.97%
ALFCenturion Acquisition Corp.2.04%$0.2251.38%
ATOAtmos Energy Corporation2.04%$3.4546.19%
OVLYOak Valley Bancorp2.04%$0.6129.73%
0HYE.LCincinnati Financial Corporation2.03%$3.2824.36%
AOSA. O. Smith Corporation2.03%$1.3936.68%
ACTEnact Holdings, Inc.2.02%$0.8018.03%
ARKOArko Corp.2.02%$0.0955.86%
KFYKorn Ferry2.02%$1.3426.97%
0H68.LAflac Incorporated2.01%$2.2028.14%
LENLennar Corporation2.01%$2.1025.46%
AVYAvery Dennison Corporation2.00%$3.6641.17%
RHLDResolute Holdings Management, Inc.2.00%$3.7422.61%
ALFUUCenturion Acquisition Corp. Unit1.99%$0.2251.38%
GNTYGuaranty Bancshares, Inc.1.99%$0.9730.69%
NCNACCO Industries, Inc.1.99%$0.9524.54%
QCOMQUALCOMM Incorporated1.99%$3.4468.67%
THGThe Hanover Insurance Group, Inc.1.98%$3.5520.46%
CNMDCONMED Corporation1.97%$0.8038.60%
FBINFortune Brands Innovations, Inc.1.97%$1.0036.69%
FEIMFrequency Electronics, Inc.1.97%$1.0046.25%
RPMRPM International Inc.1.97%$2.0437.93%
BNJBrookfield Finance Inc. 4.50% P1.96%$0.3070.51%
MTGMGIC Investment Corporation1.96%$0.5717.51%
CCSCentury Communities, Inc.1.95%$1.1516.06%
0K6F.LNetApp, Inc.1.94%$2.0735.51%
BLKBlackRock, Inc.1.94%$21.0053.94%
FNB-PEF.N.B. Corporation1.94%$0.4834.55%
0L4F.LSealed Air Corporation1.93%$0.8030.13%
AEOAmerican Eagle Outfitters, Inc.1.93%$0.5142.14%
SLGNSilgan Holdings Inc.1.93%$0.8026.98%
FSFGFirst Savings Financial Group, Inc.1.92%$0.6123.93%
GENGen Digital Inc.1.92%$0.5054.91%