DNB BANK ASA (DNB.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:DNB - NO0010161896 - Common Stock
283.5 NOK
+2 (+0.71%)
DNB gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 102 industry peers in the Banks industry. While DNB is still in line with the averages on profitability rating, there are concerns on its financial health. DNB has a correct valuation and a medium growth rate. DNB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DNB had positive earnings in the past year.
DNB had a negative operating cash flow in the past year.
In the past 5 years DNB has always been profitable.
Of the past 5 years DNB 4 years had a positive operating cash flow.
1.2 Ratios
DNB has a better Return On Assets (1.13%) than 73.53% of its industry peers.
DNB has a better Return On Equity (15.15%) than 80.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 15.15% | ||
| ROIC | N/A |
ROA(3y)1.11%
ROA(5y)0.96%
ROE(3y)14.24%
ROE(5y)12.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DNB has a better Profit Margin (45.71%) than 97.06% of its industry peers.
DNB's Profit Margin has improved in the last couple of years.
DNB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 45.71% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y5.83%
PM growth 5Y2.81%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
DNB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, DNB has less shares outstanding
DNB has less shares outstanding than it did 5 years ago.
DNB has a worse debt/assets ratio than last year.
2.2 Solvency
DNB has a Debt/Equity ratio of 3.43. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of DNB (3.43) is worse than 75.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.27%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
DNB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.50%.
Measured over the past years, DNB shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.47% on average per year.
DNB shows a small growth in Revenue. In the last year, the Revenue has grown by 5.91%.
DNB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.20% yearly.
EPS 1Y (TTM)4.5%
EPS 3Y21.67%
EPS 5Y12.47%
EPS Q2Q%-11.21%
Revenue 1Y (TTM)5.91%
Revenue growth 3Y14.89%
Revenue growth 5Y9.2%
Sales Q2Q%-0.7%
3.2 Future
Based on estimates for the next years, DNB will show a decrease in Earnings Per Share. The EPS will decrease by -2.54% on average per year.
Based on estimates for the next years, DNB will show a small growth in Revenue. The Revenue will grow by 2.12% on average per year.
EPS Next Y-4.85%
EPS Next 2Y-5.06%
EPS Next 3Y-2.54%
EPS Next 5YN/A
Revenue Next Year4.38%
Revenue Next 2Y2.15%
Revenue Next 3Y2.12%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
DNB is valuated reasonably with a Price/Earnings ratio of 9.78.
77.45% of the companies in the same industry are more expensive than DNB, based on the Price/Earnings ratio.
DNB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.60.
DNB is valuated reasonably with a Price/Forward Earnings ratio of 10.71.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DNB indicates a somewhat cheap valuation: DNB is cheaper than 61.76% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.23. DNB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 10.71 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
DNB's earnings are expected to decrease with -2.54% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.78
EPS Next 2Y-5.06%
EPS Next 3Y-2.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.93%, DNB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.31, DNB pays a bit more dividend than its industry peers.
DNB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
5.2 History
The dividend of DNB is nicely growing with an annual growth rate of 17.85%!
Dividend Growth(5Y)17.85%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DNB pays out 57.86% of its income as dividend. This is a bit on the high side, but may be sustainable.
The Dividend Rate of DNB has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP57.86%
EPS Next 2Y-5.06%
EPS Next 3Y-2.54%
OSL:DNB (1/2/2026, 7:00:00 PM)
283.5
+2 (+0.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners43.3%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap418.90B
Revenue(TTM)93.91B
Net Income(TTM)42.93B
Analysts63.33
Price Target280.31 (-1.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
Yearly Dividend16.1
Dividend Growth(5Y)17.85%
DP57.86%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.74%
Min EPS beat(2)-5.48%
Max EPS beat(2)0%
EPS beat(4)3
Avg EPS beat(4)5.96%
Min EPS beat(4)-5.48%
Max EPS beat(4)23.22%
EPS beat(8)7
Avg EPS beat(8)7.57%
EPS beat(12)11
Avg EPS beat(12)11.41%
EPS beat(16)14
Avg EPS beat(16)9.74%
Revenue beat(2)0
Avg Revenue beat(2)-1.43%
Min Revenue beat(2)-2.44%
Max Revenue beat(2)-0.42%
Revenue beat(4)2
Avg Revenue beat(4)-0.05%
Min Revenue beat(4)-2.44%
Max Revenue beat(4)1.45%
Revenue beat(8)4
Avg Revenue beat(8)0.78%
Revenue beat(12)8
Avg Revenue beat(12)3%
Revenue beat(16)11
Avg Revenue beat(16)4.02%
PT rev (1m)0.16%
PT rev (3m)3.07%
EPS NQ rev (1m)-0.24%
EPS NQ rev (3m)-0.18%
EPS NY rev (1m)-2.35%
EPS NY rev (3m)-0.37%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)-1.57%
Revenue NY rev (1m)-2.3%
Revenue NY rev (3m)0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 10.71 | ||
| P/S | 4.46 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.48 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | N/A |
EPS(TTM)29
EY10.23%
EPS(NY)26.46
Fwd EY9.33%
FCF(TTM)-207.85
FCFYN/A
OCF(TTM)-206.38
OCFYN/A
SpS63.55
BVpS191.77
TBVpS177.05
PEG (NY)N/A
PEG (5Y)0.78
Graham Number353.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 15.15% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 45.71% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)1.11%
ROA(5y)0.96%
ROE(3y)14.24%
ROE(5y)12.06%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y5.83%
PM growth 5Y2.81%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.43 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC10.27%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)4.03%
Cap/Sales(5y)5.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.5%
EPS 3Y21.67%
EPS 5Y12.47%
EPS Q2Q%-11.21%
EPS Next Y-4.85%
EPS Next 2Y-5.06%
EPS Next 3Y-2.54%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y14.89%
Revenue growth 5Y9.2%
Sales Q2Q%-0.7%
Revenue Next Year4.38%
Revenue Next 2Y2.15%
Revenue Next 3Y2.12%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-298.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-292.36%
OCF growth 3YN/A
OCF growth 5YN/A
DNB BANK ASA / DNB.OL FAQ
Can you provide the ChartMill fundamental rating for DNB BANK ASA?
ChartMill assigns a fundamental rating of 3 / 10 to DNB.OL.
Can you provide the valuation status for DNB BANK ASA?
ChartMill assigns a valuation rating of 4 / 10 to DNB BANK ASA (DNB.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for DNB BANK ASA?
DNB BANK ASA (DNB.OL) has a profitability rating of 4 / 10.
What are the PE and PB ratios of DNB BANK ASA (DNB.OL) stock?
The Price/Earnings (PE) ratio for DNB BANK ASA (DNB.OL) is 9.78 and the Price/Book (PB) ratio is 1.48.
How sustainable is the dividend of DNB BANK ASA (DNB.OL) stock?
The dividend rating of DNB BANK ASA (DNB.OL) is 7 / 10 and the dividend payout ratio is 57.86%.