AL Sydbank Valuation

Q: What is the Fair Price of ALSYDB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ALSYDB (DKK571.5) is trading below our estimate of [[future cash flow value]] (DKK1655.24)

Is ALSYDB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Future Cash Flow Value
Significantly Below Future Cash Flow Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of ALSYDB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: ALSYDB (DKK571.5) is trading below our estimate of future cash flow value (DKK1655.24)

Significantly Below Future Cash Flow Value: ALSYDB is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALSYDB?

Key metric: As ALSYDB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ALSYDB. This is calculated by dividing ALSYDB's market cap by their current earnings.
What is ALSYDB's PE Ratio?
PE Ratio	12.5x
Earnings	DKK 2.23b
Market Cap	DKK 28.02b

ALSYDB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	0.8x

Price to Earnings Ratio vs Peers

How does ALSYDB's PE Ratio compare to its peers?

The above table shows the PE ratio for ALSYDB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	11.4x
JYSK Jyske Bank	10.7x	-2.01%	DKK 53.4b
SPKSJF SJF Bank	10.7x	n/a	DKK 6.1b
LASP Lån & Spar Bank	12.7x	n/a	DKK 5.3b
DANSKE Danske Bank	11.5x	1.93%	DKK 261.4b
ALSYDB AL Sydbank	12.5x	15.98%	DKK 28.0b

Price-To-Earnings vs Peers: ALSYDB is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (11.4x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does ALSYDB's PE Ratio compare vs other companies in the DK Banks Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ALSYDB is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the European Banks industry average (11.3x).

Price to Earnings Ratio vs Fair Ratio

What is ALSYDB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALSYDB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.5x
Fair PE Ratio	14.8x

Price-To-Earnings vs Fair Ratio: ALSYDB is good value based on its Price-To-Earnings Ratio (12.5x) compared to the estimated Fair Price-To-Earnings Ratio (14.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ALSYDB forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	DKK 571.50	DKK 618.00 +8.14%	7.85%	DKK 660.00	DKK 550.00	n/a	3
Jan ’27	DKK 570.00	DKK 613.33 +7.60%	7.57%	DKK 660.00	DKK 550.00	n/a	3
Dec ’26	DKK 557.50	DKK 627.00 +12.47%	5.26%	DKK 660.00	DKK 594.00	n/a	2
Nov ’26	DKK 553.00	DKK 620.00 +12.12%	8.06%	DKK 670.00	DKK 570.00	n/a	2
Oct ’26	DKK 513.50	DKK 582.50 +13.44%	2.15%	DKK 595.00	DKK 570.00	n/a	2
Sep ’26	DKK 491.60	DKK 582.50 +18.49%	2.15%	DKK 595.00	DKK 570.00	n/a	2
Apr ’26	DKK 433.80	DKK 467.50 +7.77%	6.95%	DKK 500.00	DKK 435.00	n/a	2
Feb ’26	DKK 382.20	DKK 412.50 +7.93%	3.03%	DKK 425.00	DKK 400.00	DKK 571.50	2
Jan ’26	DKK 380.00	DKK 412.50 +8.55%	3.03%	DKK 425.00	DKK 400.00	DKK 570.00	2
Dec ’25	DKK 350.60	DKK 415.00 +18.37%	3.61%	DKK 430.00	DKK 400.00	DKK 557.50	2
Nov ’25	DKK 331.00	DKK 415.00 +25.38%	3.61%	DKK 430.00	DKK 400.00	DKK 553.00	2
Mar ’25	DKK 379.20	DKK 437.50 +15.37%	8.57%	DKK 475.00	DKK 400.00	DKK 442.80	2
Feb ’25	DKK 309.60	DKK 405.00 +30.81%	8.64%	DKK 440.00	DKK 370.00	DKK 382.20	2

AnalystPriceTarget

Community Contributor

DKK 618

Fair Value

7.5% undervalued

Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/02/01 14:07
End of Day Share Price	2026/01/30 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AL Sydbank A/S is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Kristofer Liljeberg-Svensson	Carnegie Investment Bank AB
Maria Semikhatova	Citigroup Inc