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MELG.OL$196.98+3.14%
Fair $196.98+0.0%

MELG.OL

Melhus Sparebank

Financial Services / Banks - RegionalOslo

$196.98

+6.00 (+3.14%)

Fairly Valued+0.0%Fair Value $196.98Fund rank 34/100 · Data gapFallback financials|
SA 36/D
F-Score: 3/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 34.0/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 88/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

36/100

D

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); financial Book/ROE targets are disabled until manually verified.
Thesis & Journal · MELG.OLLocal privado en este navegador · Melhus Sparebank
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$546M

P/E

14.1x

↑

EV/EBITDA

N/A

•

ROE

8.2%

↑

Gross Margin

N/A

•

Debt/Equity

1.49

↑
52-Week Range$197
$167$206

TradingView lightweight chart

MELG.OL price, volumen y niveles de valoración

Último $196.98Periodo +77.1%
Fair value: $196.98

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+10.2%

FCF CAGR

+13.0%

FCF margin

53.7%

FCF / Net income

1.34x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $349.1M · net income $140.1M · FCF $187.4M

2022-FY → 2025-FY

Gross margin

—— pts

Operating margin

—— pts

Net margin

40.1%+1.6% pts

FCF margin

53.7%+3.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$349.1M$349.1M$344.1M$342.3M$260.8M
Net Income$140.1M$140.1M$139.5M$135.4M$100.6M
EPS14.5114.5115.2816.0912.72
Net Margin40.1%40.1%40.5%39.5%38.6%
Balance Sheet
Debt/Equity1.491.491.461.571.82
Cash Flow
Free Cash Flow$187.4M$187.4M$131.6M$243.6M$130.0M
Returns
ROE8.2%8.2%8.9%9.2%7.7%
Valuation
P/E14.0614.0610.6710.1912.58
P/B0.320.320.290.310.34
Growth & Yield
Revenue Growth1.4%1.4%0.5%31.2%—
EPS Growth-5.0%-5.0%-5.0%26.5%—
Dividend Yield6.9%6.9%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

6.4%

razonable

EPS terminal req.

$17.48

Spread vs growth

-11.4%

5Y implied EPS CAGR

7.8%

razonable

EPS terminal req.

$21.15

Spread vs growth

-12.9%

10Y implied EPS CAGR

8.9%

razonable

EPS terminal req.

$34.06

Spread vs growth

-13.9%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +20.1%

Total return

+20.1%

Start / end P/E

11.4x → 13.6x

EPS bridge

15.28 → 14.51

Residual

-1.0%

EPS growth-5.0%
Multiple rerating+19.3%
Dividend+6.9%
Residual / FX / buybacks / cross-term-1.0%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.