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Swedbank AB (publ) SWED-A.ST

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

Swedbank AB (publ) statistics & valuation

Market capkr 427.6B
P / E13.1×
P / S6.3×
P / B1.9×
Net margin48.3%
FCF margin-69.0%
Net debtkr 650.0B
Enterprise value USD$113.3B
Graham number -4.9%kr 361.97

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 (kr 361.97); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
41.70% 47.20% 47.50% 48.30% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
12.10% 17.20% 15.90% 14.50% 2022202320242025
Shares outstanding
1.12B 1.12B 1.12B 1.12B 2022202320242025
Net debt (kr )
kr 515.37B kr 620.37B kr 596.92B kr 650.03B 2022202320242025
Share buybacks (kr )
2022202320242025
Return on assets (%)
0.70% 1.20% 1.20% 1.10% 2022202320242025
Free cash flow margin (%)
-37.00% -202.10% 109.70% -69.00% 2022202320242025
Debt / equity (×)
5.01× 4.39× 4.21× 4.05× 2022202320242025
EPS (kr )
kr 18.98 kr 30.27 kr 30.86 kr 28.98 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

Swedbank AB (publ) trades at about 13.1× earnings — above its 10-year norm (10-year range 7×–12×, median 10.6×).

13.1×

Shaded band = 10-year range (7×–12×); dot = today's 13.1×.

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 margin48.3%47.5%47.2%41.7%
FCF margin-69.0%109.7%-202.1%-37.0%
Return on assets1.1%1.2%1.2%0.7%
Return on equity14.5%15.9%17.2%12.1%

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