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Nordea Bank Abp NDA-SE.ST

SE · Nasdaq Stockholm · XSTO · stock · Financial Services · website

Nordea Bank Abp statistics & valuation

Market cap€636.2B
P / E131.4×
P / S54.3×
P / B19.6×
Net margin41.3%
FCF margin-32.6%
Net debt€161.4B
Enterprise value USD$250.6B
Graham number -90.8%€17.28

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€17.28); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
37.10% 42.00% 42.00% 41.30% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
11.60% 15.80% 15.60% 14.90% 2022202320242025
Shares outstanding
3.39B 3.39B 3.39B 3.39B 2022202320242025
Net debt (€)
€127.58B €138.52B €146.67B €161.43B 2022202320242025
Share buybacks (€)
€2.84B 2022202320242025
Return on assets (%)
0.60% 0.80% 0.80% 0.70% 2022202320242025
Free cash flow margin (%)
222.90% -59.70% 2.90% -32.60% 2022202320242025
Debt / equity (×)
6.17× 6.12× 6.08× 6.37× 2022202320242025
EPS (€)
€0.94 €1.37 €1.44 €1.39 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Nordea Bank Abp trades at about 134.9× earnings — near its 10-year norm (10-year range 91.6×–129.6×, median 123.7×).

91.6× 134.9×

Shaded band = 10-year range (91.6×–129.6×); dot = today's 134.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin41.3%42.0%42.0%37.1%
FCF margin-32.6%2.9%-59.7%222.9%
Return on assets0.7%0.8%0.8%0.6%
Return on equity14.9%15.6%15.8%11.6%

Computed from company filings · SE · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.