Svenska Handelsbanken AB Class B SHB B

Morningstar Rating
SEK 135.70 +1.20 (0.89%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SHB B is trading at a 271% premium.
Price
SEK 133.98
Fair Value
SEK 447.67
Uncertainty
High
1-Star Price
SEK 164.22
5-Star Price
SEK 452.16
Economic Moat
Yxhl
Capital Allocation

Trading Information

Previous Close Price
SEK 134.50
Day Range
SEK 134.50136.20
52-Week Range
SEK 112.20158.00
Bid/Ask
SEK 135.60 / SEK 135.90
Market Cap
SEK 268.69 Bil
Volume/Avg
82,448 / 67,075

Key Statistics

Price/Earnings (Normalized)
9.53
Price/Sales
4.24
Dividend Yield (Trailing)
4.83%
Dividend Yield (Forward)
4.83%
Total Yield
4.83%

Company Profile

Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.
Sector
Financial Services
Industry
Banks - Diversified
Stock Style Box
Large Value
Total Number of Employees
12,248

Competitors

Valuation

Metric
SHB B
NDA SE
SWED A
Price/Earnings (Normalized)
9.535.987.05
Price/Book Value
1.371.231.21
Price/Sales
4.243.033.31
Price/Cash Flow
9.923.987.59
Price/Earnings
SHB B
NDA SE
SWED A

Financial Strength

Metric
SHB B
NDA SE
SWED A
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
SHB B
NDA SE
SWED A
Return on Assets (Normalized)
0.75%0.87%1.15%
Return on Equity (Normalized)
13.90%17.99%17.85%
Return on Invested Capital (Normalized)
Return on Assets
SHB B
NDA SE
SWED A

Banks - Diversified Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Royal Bank of Canada
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HSBC Holdings PLC ADR
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MUFG
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Citigroup Inc
C
XpdjnczWtl$115.2 Bil
The Toronto-Dominion Bank
TD
PnqksyfvgXwyy$110.5 Bil
UBS Group AG
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Banco Santander SA ADR
SAN
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