- Analysis
- Barani Krishnan
- 32
Melhus Sparebank, a savings bank, provides various banking products and services to businesses, agriculture customers, and private individuals in Norway. The company offers bank, Boligsparing for Ungdom, mutual fund, and retirement saving accounts. It offers insurance services for car and other vehicles, including electric scooter, motorcycle, moped, boat, caravan, motorhome, ATV, tractor, snowmobile, trailer, and veteran cars; house and belongings, consisting of household items, travel, cottages, valuable items, drones, online, young, and Oak Plus; life and health for child, disabled, critical illness, and accident; and dogs, cats, and horses insurance services. In addition, the company provides car, mortgage, motorcycle, motorhomes, and ATVs loan products, as well as leasing services. Further is offers credit and bank cards, payment, online and mobile banking, and other daily banking services. The company was founded in 1840 and is headquartered in Melhus, Norway.
Metrics to compare | MELG | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipMELGPeersSector | |
---|---|---|---|---|
P/E Ratio | 12.9x | 10.9x | 9.0x | |
PEG Ratio | −0.49 | 0.20 | 0.03 | |
Price/Book | 0.3x | 0.4x | 1.0x | |
Price / LTM Sales | 1.4x | 1.9x | 2.8x | |
Upside (Analyst Target) | 2.3% | −0.4% | 12.2% | |
Fair Value Upside | Unlock | 3.1% | 3.1% | Unlock |