Nordnet AB/Skr SAVE
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Nordnet AB
Nordnet AB is a digital financial services provider headquartered in Stockholm, Sweden. The company operates as a pan-Nordic platform offering online banking, savings, and investment solutions primarily targeting retail investors. Nordnet's services include trading in stocks, funds, and derivatives, as well as providing savings accounts and pension products. With a focus on user-friendly digital platforms and tools, the company serves customers across Sweden, Norway, Denmark, and Finland. Founded in 1996, Nordnet has grown to become an influential player in the Nordic financial markets, leveraging technology to enhance user experience and expand its service offerings.
- Ticker
- Skr SAVE
- Sector
- Finance
- Primary listing
- XSTO
- Employees
- 886
- Headquarters
- Stockholm, Sweden
- Website
- nordnetab.com
Nordnet AB Metrics
BasicAdvanced
kr 82B
24.07
kr 13.67
0.54
kr 8.60
2.61%
Price and volume
Market cap
kr 82B
Beta
0.54
52-week high
kr 384.00
52-week low
kr 257.60
Average daily volume
326K
Dividend rate
kr 8.60
Financial strength
Current ratio
0.108
Quick ratio
0.105
Total debt to equity
9.325
Dividend payout ratio (TTM)
58.53%
Profitability
Gross margin (TTM)
88.27%
Net profit margin (TTM)
50.34%
Operating margin (TTM)
62.82%
Effective tax rate (TTM)
19.39%
Revenue per employee (TTM)
kr 7,750,000
Management effectiveness
Return on assets (TTM)
1.04%
Return on equity (TTM)
41.22%
Valuation
Price to earnings (TTM)
24.068
Price to revenue (TTM)
11.91
Price to book
9.18
Price to tangible book (TTM)
10.58
Price to free cash flow (TTM)
7.412
Free cash flow yield (TTM)
13.49%
Free cash flow per share (TTM)
44.386
Dividend yield (TTM)
2.61%
Forward dividend yield
2.61%
Growth
Revenue change (TTM)
13.74%
Earnings per share change (TTM)
20.77%
3-year revenue growth (CAGR)
12.25%
10-year revenue growth (CAGR)
18.30%
3-year earnings per share growth (CAGR)
14.06%
10-year earnings per share growth (CAGR)
23.17%
3-year dividend per share growth (CAGR)
23.19%
10-year dividend per share growth (CAGR)
20.80%
What the Analysts think about Nordnet AB
Analyst ratings (Buy, Hold, Sell) for Nordnet AB stock.
Analyst projections of the future price of Nordnet AB stock.
Bulls say / Bears say
Nordnet delivered record Q2 revenue of SEK 1.63 billion and operating profit of SEK 1.19 billion, up 26% and 33% year on year. Revenue grew faster than costs, lifting the operating margin to 73%. (Nordnet Bank AB)
Customer and asset growth continued in September: Nordnet had 2.566 million customers, up 12% year on year, and savings capital rose 27.7% to SEK 1.46 trillion. Net savings for 2026 reached SEK 80.4 billion by the end of September. (Nordnet Bank AB)
Nordnet plans to launch its own ETF range across the Nordics and Germany early next year, giving it another way to serve the shift towards ETFs. Its own-brand funds already manage nearly SEK 120 billion, and the new range will be developed with J.P. Morgan. (Nordnet Bank AB)
Trading activity softened in September, with total trades down 4.9% year on year and average daily trades down 5.0%. If that weakness persists, it could weigh on brokerage income, which is sensitive to trading activity. (Nordnet Bank AB, Inderes)
Valuation may leave limited room for disappointment: Nordnet traded at about 20 times estimated 2027 earnings, roughly 30% above the peer average, according to Deutsche Bank’s coverage. Deutsche Bank rated the shares Hold, in contrast to J.P. Morgan’s more positive view. (Investing.com)
Germany could dilute near-term returns: Nordnet expects SEK 80–90 million of launch investment in 2026, while analysts see execution risk and no material near-term earnings contribution in a highly competitive market. (Nordnet, Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 18 Oct 2026.
Nordnet AB Financial Performance
Revenues and expenses
Nordnet AB Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Nordnet AB
AllEURUSDGBP
Fund name | Fund size | Skr SAVE weighting |
|---|---|---|
iShares STOXX Europe 600 Financial Services€EXH2 | €104M | 0.91% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.30% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.30% |
iShares MSCI World Small Cap£WLDS | $9B | 0.05% |
iShares MSCI World Small Cap€IUSN | $9B | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.