Risk factor
Considerable default risk
Profitability factor
Greatly overvalued vs peers
About
SpareBank 1 Telemark provides banking products and services to private and business customers in Norway. It offers deposit and currency accounts; and car and construction loans, trade credit, mortgage, and operating credit for agriculture. The company also provides factoring, leasing, and bank guarantee services; and liability, asset, property, personal, commercial, project, and car insurance products. In addition, it offers online and mobile banking, billing, cards, and collection services; and advice relating to buying and selling properties. SpareBank 1 Telemark was founded in 1844 and is based in Porsgrunn, Norway.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA.