Obermatt

SEB

STO:SEB A · SE0000148884
BanksMedium

360

28
Profit price52
Cash yield53
Price/Sales44
EV / Gross Profit32
Price/Book47
Returns on capital30
Profit margins
Cash Conversion62
Accruals86
Owner Earnings Margin64
Sales growth23
Profit Growth72
Long-Term EPS Growth14
Owner Earnings Growth19
Reinvestment1
Price momentum28
Debt load34
Debt serviceability42
Liquidity92
Analyst ratings23
Opinion Changes50
Price Target Upside35
Market mood94
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

SEB clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountrySweden
IndustryBanks
SizeMedium
TypePublic Company
ExchangeOM
Founded1971
Employees14,029
ISINSE0000148884
Last UpdateApr 2, 2026
Themes
BankingFinanceFinancial ServicesVenture Capital

Description

Skandinaviska Enskilda Banken AB (publ) core operations include commercial banking, investment banking, and wealth management, catering to various customer segments including large corporations, financial institutions, SMEs, and private individuals.…

Analysis

Middle-of-the-road

Skandinaviska Enskilda Banken AB (publ) is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is attractive. You pay 11.7× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -1% yearly growth; analysts expect 5%. The price, in other words, assumes less than the experts do.

The trajectory is weak and the balance sheet is sturdy. The company scores 10/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
56
2023202420252026

All-time high

58

Mar 2026

All-time low

4

Jan 2025

Average rank

37

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
44
30
34
26
Price/Earnings
69
48
49
59
Price/Book
47
41
36
38
Dividend Yield
53
51
78
56
Value (overall)
56
43
51
45

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →