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Melhus Sparebank (MELG.OL)

NOK183.00 -2.00 (-1.08%)
NO OSL Financial Services Banks - Regional
Address Gimsbruvegen 5 7224
Melhus, NO
CEO Jonny Hesthammer
IPO 2000-01-06
ISIN NO0006001908

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Description

Melhus Sparebank, a savings bank, offers 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 also provides insurance services for electric scooter, boat, motorcycle, moped, jet ski, caravan, motorhome, ATV, tractor, snowmobile, trailer, and veteran cars; house and belongings, consisting of household items, travel, cottages, valuable items, drones, and home and travel insurance for young people; 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, it offers credit and bank cards, payment, online and mobile banking, and other daily banking services. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK183.00 -2.00 (-1.08%)
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Volume Profile
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Liquidity & share structure
Average Volume
785
Beta
0.18
Float Shares
1.68M
Free Float %
60.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.00% -1.82% -1.59% -5.95% +5.55% -5.51% +11.69% +19.42% +36.60% +74.81% +54.99%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
183.00
DCF (Unlevered) 25.11 -86.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.10
Distress
Piotroski F-Score
5 / 9
Average
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
  • Revenue growth
    +1.6% Q1'26: -1.9% (vs Q1'25)
  • EPS growth
    +230.4% Q1'26: -4.7% (vs Q1'25)
  • FCF margin
    Q1'26: +33.8% (vs Q1'25)
  • EBIT margin
    Q1'26: +20.4% (vs Q1'25)
  • ROIC
    Q1'26: +2.6% (vs Q1'25)
  • Share dilution
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 16.45× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.19) × ERP
WACC = 17% × Ke + 83% × Kd (16.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 24.14 Current price: 183.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
241.37M
est: 87.59M (+175.6%)
273.57M
est: 87.80M (+211.6%)
285.62M
est: 129.72M (+120.2%)
326.91M
est: 155.45M (+110.3%)
273.33M
est: 148.00M (+84.7%)
299.54M
est: 179.43M (+66.9%)
301.74M
est: 174.00M (+73.4%)
308.71M
est: 191.36M (+61.3%)
351.30M
est: 193.90M (+81.2%)
317.55M
est: 192.20M (+65.2%)
296.08M
est: 214.80M (+37.8%)
399.67M
est: 241.50M (+65.5%)
657.78M
est: 295.80M (+122.4%)
745.82M
est: 324.20M (+130.0%)
757.66M
est: 324.40M (+133.6%)
328.50M
328.50M – 328.50M
+1.3% YoY
343.00M
343.00M – 343.00M
+4.4% YoY
364.40M
364.40M – 364.40M
+6.2% YoY
EBITDA
44.26M
est: 29.82M (+48.4%)
68.16M
est: 29.88M (+128.1%)
69.10M
est: 44.15M (+56.5%)
90.56M
est: 52.91M (+71.1%)
69.09M
est: 50.38M (+37.2%)
106.58M
est: 61.08M (+74.5%)
102.05M
est: 59.23M (+72.3%)
109.45M
est: 65.14M (+68.0%)
130.35M
est: 66.00M (+97.5%)
114.50M
est: 65.42M (+75.0%)
142.19M
est: 73.11M (+94.5%)
131.35M
est: 82.20M (+59.8%)
186.66M
est: 100.69M (+85.4%)
185.49M
est: 102.91M (+80.2%)
186.27M
est: 102.98M (+80.9%)
104.28M
104.28M – 104.28M
+1.3% YoY
108.88M
108.88M – 108.88M
+4.4% YoY
115.67M
115.67M – 115.67M
+6.2% YoY
EBIT
41.60M
est: 28.40M (+46.5%)
63.54M
est: 27.91M (+127.7%)
66.11M
est: 41.23M (+60.4%)
87.45M
est: 79.21M (+10.4%)
65.37M
est: 84.51M (-22.6%)
102.66M
est: 79.29M (+29.5%)
98.64M
est: 99.51M (-0.9%)
105.95M
est: 108.62M (-2.5%)
125.28M
est: 107.22M (+16.8%)
110.55M
est: 62.32M (+77.4%)
133.09M
est: 69.64M (+91.1%)
125.25M
est: 78.30M (+60.0%)
177.03M
est: 159.20M (+11.2%)
179.72M
est: 172.24M (+4.3%)
177.87M
est: 97.82M (+81.8%)
99.06M
99.06M – 99.06M
+1.3% YoY
103.43M
103.43M – 103.43M
+4.4% YoY
109.89M
109.89M – 109.89M
+6.2% YoY
Net Income
30.08M
est: 29.61M (+1.6%)
52.25M
est: 53.36M (-2.1%)
49.88M
est: 77.12M (-35.3%)
64.74M
est: 59.80M (+8.3%)
47.84M
est: 62.56M (-23.5%)
83.23M
est: 58.02M (+43.5%)
79.15M
est: 80.68M (-1.9%)
82.31M
est: 87.16M (-5.6%)
97.58M
est: 83.30M (+17.1%)
88.21M
est: 33.17M (+165.9%)
105.24M
est: 38.42M (+173.9%)
100.62M
est: 38.59M (+160.8%)
135.35M
est: 124.00M (+9.2%)
139.51M
est: 38.53M (+262.0%)
140.14M
est: 39.98M (+250.6%)
38.59M
38.59M – 38.59M
-3.5% YoY
38.95M
38.95M – 38.95M
+0.9% YoY
40.70M
40.70M – 40.70M
+4.5% YoY
SGA
est: 3.53M (-100.0%)
18.74M
est: 3.46M (+441.0%)
17.31M
est: 5.12M (+238.1%)
17.19M
est: 101.62M (-83.1%)
23.34M
est: 96.01M (-75.7%)
22.76M
est: 123.83M (-81.6%)
23.32M
est: 91.04M (-74.4%)
20.67M
est: 113.10M (-81.7%)
21.86M
est: 99.87M (-78.1%)
25.08M
est: 7.74M (+224.1%)
26.66M
est: 8.65M (+208.3%)
6.02M
est: 9.72M (-38.1%)
6.37M
est: 130.03M (-95.1%)
5.62M
est: 7.93M (-29.2%)
est: 7.93M (-100.0%)
8.04M
8.04M – 8.04M
+1.3% YoY
8.39M
8.39M – 8.39M
+4.4% YoY
8.91M
8.91M – 8.91M
+6.2% YoY
EPS
11.05
est: 10.67 (+3.6%)
18.93
est: 19.32 (-2.0%)
15.32
est: 13.24 (+15.7%)
15.10
est: 13.22 (+14.2%)
10.72
est: 11.99 (-10.6%)
14.73
est: 13.20 (+11.6%)
13.11
est: 12.81 (+2.4%)
29.65
est: 12.66 (+134.2%)
13.66
est: 14.31 (-4.5%)
11.84
est: 11.95 (-0.9%)
13.90
est: 13.84 (+0.4%)
12.72
est: 13.90 (-8.5%)
16.09
est: 14.80 (+8.7%)
15.28
est: 13.88 (+10.1%)
50.48
est: 14.40 (+250.6%)
13.90
13.90 – 13.90
-3.5% YoY
14.03
14.03 – 14.03
+0.9% YoY
14.66
14.66 – 14.66
+4.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-05-07 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-05-06 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-05-05 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-05-04 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-30 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-28 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-27 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-23 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 B+ 3/5 1/5 3/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
190.66M
OE per share TTM
68.68
Owner's Yield
36.03%
Maintenance CapEx ratio
0.20%
Maint CapEx / Avg PPE
27.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.44M
Shares Outstanding
2.77M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ragnar Torland Chief Executive Officer 3M male
Turid V. Riset Head of Finance & Business Development and Assistant Bank Manager 2M female
Bjorn Hoiem Head of Corporate Markets 1M male
Anette Strøm Risk Compliance Manager 1M
Kjellaug Krogh Angvik Head of Retail Market 1M female
Eirik Groseth Sund Head of Insurance & Market 1M male
Marte Risberg Head of Legal & Legal Manager 1M female
Simen Stubsjoen Head of Credit 1M male
Terje Tysko Authorized Fin., Credit & Insurance Advisor and Employee Representative Member of General Assembly male
Tove Aune- Storsand Human Resource Manager
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits