Nordnet AB/Skr SAVE
1D1W1MYTD1Y5YMAX
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
- 876
- Headquarters
- Stockholm, Sweden
- Website
- nordnetab.com
Nordnet AB Metrics
BasicAdvanced
kr 84B
26.37
kr 12.97
0.54
kr 8.60
2.51%
Price and volume
Market cap
kr 84B
Beta
0.54
52-week high
kr 384.00
52-week low
kr 257.60
Average daily volume
197K
Dividend rate
kr 8.60
Financial strength
Current ratio
0.108
Quick ratio
0.106
Total debt to equity
10.292
Dividend payout ratio (TTM)
61.52%
Profitability
Gross margin (TTM)
88.27%
Net profit margin (TTM)
49.86%
Operating margin (TTM)
62.15%
Effective tax rate (TTM)
19.34%
Revenue per employee (TTM)
kr 7,530,000
Management effectiveness
Return on assets (TTM)
1.04%
Return on equity (TTM)
42.76%
Valuation
Price to earnings (TTM)
26.374
Price to revenue (TTM)
12.908
Price to book
10.49
Price to tangible book (TTM)
12.21
Price to free cash flow (TTM)
9.315
Free cash flow yield (TTM)
10.74%
Free cash flow per share (TTM)
36.714
Dividend yield (TTM)
2.51%
Forward dividend yield
2.51%
Growth
Revenue change (TTM)
10.68%
Earnings per share change (TTM)
15.59%
3-year revenue growth (CAGR)
13.36%
10-year revenue growth (CAGR)
17.78%
3-year earnings per share growth (CAGR)
16.25%
10-year earnings per share growth (CAGR)
22.27%
3-year dividend per share growth (CAGR)
23.19%
10-year dividend per share growth (CAGR)
20.80%
Bulls say / Bears say
In Q2 2026 Nordnet delivered record revenues of SEK 1,634 million and profit before tax of SEK 1,190 million, underscoring strong operational execution and profitability momentum (Nordnet Q2 Interim Report).
Customer growth accelerated with 2.5 million users and nearly SEK 1.4 trillion in total savings capital by June 30, highlighting market leadership and network effects in the Nordics (Nordnet Q2 Interim Report).
Product and geographic diversification are advancing: Nordnet launched an AI-based chatbot, rolled out a German-focused index fund within its asset management arm (SEK 100 billion AUM), and is on track to enter the German market in H2 2026, broadening growth avenues (Nordnet Q2 Interim Report; Nordnet Annual Report).
Net interest income declined in 2025 due to falling market interest rates, which could pressure Nordnet’s core margin if rate headwinds persist (Nordnet Annual Report).
The May 2026 directed share issue registered 112,094,207 new ordinary shares as of June 30, diluting existing shareholders and potentially weighing on future EPS growth (Nordnet Half-Year Report).
Keefe, Bruyette & Woods initiated coverage with an Underperform rating and a SEK 260 price target—approximately 29% below Nordnet’s current share price—indicating analyst skepticism on valuation upside (MarketScreener via Bloomberg News).
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2026.
Upcoming events
No upcoming events
Funds containing Nordnet AB
AllEURGBPUSD
Fund name | Fund size | Skr SAVE weighting |
|---|---|---|
iShares STOXX Europe 600 Financial Services€EXH2 | €102M | 0.94% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.30% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.30% |
Amundi S&P 500£500G | £6.6B | 0.12% |
iShares MSCI World Small Cap$WSML | $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.