ALSYDB Stock Analysis: AL Sydbank | CO
Banks - Regional | CO, Denmark | Market Cap: 59.961m DKK | 12M Return: 50% | DK0010311471 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 112M
EPS Trend: 30.8%
Qual. Beats: 0
Rev. Trend: 94.2%
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
AL Sydbank A/S is a Danish-based financial institution that provides a wide range of banking and financial services to retail customers, corporates, and associations, operating both domestically and internationally. The company runs through five segments: Banking, Asset Management, AL Sydbank Markets, Treasury, and Other, offering deposits, loans, advisory services, securities trading, asset management, mortgage credit distribution, investment, pension, and insurance products. It also serves private banking clients, institutional investors, foundations, and high-net-worth individuals, while providing retail banking services and acting as a market-maker in bonds, shares, and foreign exchange for institutional clients and central banks.
The company was originally founded in 1986 and headquartered in Aabenraa, Denmark, recently rebranded from Sydbank A/S to AL Sydbank A/S in December 2025. As a diversified bank under the Financials GICS sector, AL Sydbank operates within Denmarks concentrated banking market, where a few large institutions dominate alongside regional banks. Its multi-segment structure, combining traditional banking with markets, treasury, and asset management, reflects the universal banking model common among European lenders, which allows cross-selling of financial products across retail and institutional client bases.
- Net interest margin expands as Danish central bank maintains rate outlook
- Mortgage credit distribution volume drives retail loan growth
- Asset management fees pressured by Nordic equity market correction
| Net Income: 2.46b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.30 > 1.0 |
| NWC/Revenue: -2.20k% < 20% (prev -1.66k%; Δ -539.5% < -1%) |
| CFO/TA 0.03 > 3% & CFO 10.0b > Net Income 2.46b |
| Net Debt (9.94b) to EBITDA (2.47b): 4.02 < 3 |
| Current Ratio: 0.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (85.5m) vs 12m ago 69.45% < -2% |
| Gross Margin: 85.98% > 18% (prev 72.64%; Δ 13.34% > 0.5%) |
| Asset Turnover: 3.95% > 50% (prev 4.42%; Δ -0.47% > 0%) |
| Interest Coverage Ratio: 1.46 > 6 (EBIT TTM 2.26b / Interest Expense TTM 1.55b) |
| A: -0.67 (Total Current Assets 32.6b - Total Current Liabilities 275b) / Total Assets 361b |
| B: 0.09 (Retained Earnings 32.5b / Total Assets 361b) |
| C: 0.01 (EBIT TTM 2.26b / Avg Total Assets 279b) |
| D: 0.11 (Book Value of Equity 34.8b / Total Liabilities 326b) |
| Altman-Z'' = -3.95 = D |
| DSRI: 1.20 (Receivables 520.0m/344.0m, Revenue 11.0b/8.75b) |
| GMI: 0.84 (GM 72.64% / 85.98%) |
| AQI: 0.99 (AQ_t 0.90 / AQ_t-1 0.91) |
| SGI: 1.26 (Revenue 11.0b / 8.75b) |
| TATA: -0.02 (NI 2.46b - CFO 10.0b) / TA 361b) |
| Beneish M = -2.83 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at DKK 721.00 with a total of 127,897 shares traded. Over the past week, the price has changed by +2.05%, over one month by +10.41%, over three months by +29.56% and over the past year by +50.03%.
Current recommended Stop Loss: 691.00 (which is 4.2% or 2.7 ATR below the current price).
AL Sydbank has no consensus analysts rating.
P/E Trailing = 22.4357
P/E Forward = 17.9211
P/S = 5.4425
P/B = 1.6353
P/EG = -2.25
Revenue TTM = 11.0b DKK
EBIT TTM = 2.26b DKK
EBITDA TTM = 2.47b DKK
Long Term Debt = 36.0b DKK (estimated: total debt 42.0b - short term 5.95b)
Short Term Debt = 5.95b DKK (from shortTermDebt, last quarter)
Debt = 42.0b DKK (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.94b DKK (calculated: Debt 42.0b - CCE 32.1b)
Enterprise Value = 69.9b DKK (60.0b + Debt 42.0b - CCE 32.1b)
Interest Coverage Ratio = 1.46 (Ebit TTM 2.26b / Interest Expense TTM 1.55b)
EV/FCF = 7.06x (Enterprise Value 69.9b / FCF TTM 9.90b)
FCF Yield = 14.16% (FCF TTM 9.90b / Enterprise Value 69.9b)
FCF Margin = 89.64% (FCF TTM 9.90b / Revenue TTM 11.0b)
Net Margin = 22.30% (Net Income TTM 2.46b / Revenue TTM 11.0b)
Gross Margin = 85.98% ((Revenue TTM 11.0b - Cost of Revenue TTM 1.55b) / Revenue TTM)
Gross Margin QoQ = 77.71% (prev 87.44%)
Tobins Q-Ratio = 0.19 (Enterprise Value 69.9b / Total Assets 361b)
Interest Expense / Debt = 3.69% (Interest Expense 1.55b / Debt 42.0b)
Taxrate = 26.00% (815.0m / 3.13b)
NOPAT = 1.67b (EBIT 2.26b * (1 - 26.00%))
Current Ratio = 0.12 (Total Current Assets 32.6b / Total Current Liabilities 275b)
Debt / Equity = 1.21 (Debt 42.0b / totalStockholderEquity, last quarter 34.8b)
Debt / EBITDA = 4.02 (Net Debt 9.94b / EBITDA 2.47b)
Debt / FCF = 1.00 (Net Debt 9.94b / FCF TTM 9.90b)
Total Stockholder Equity = 30.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.88% (Net Income 2.46b / Total Assets 361b)
RoE = 7.96% (Net Income TTM 2.46b / Total Stockholder Equity 30.9b)
RoCE = 3.37% (EBIT 2.26b / Capital Employed (Equity 30.9b + L.T.Debt 36.0b))
RoIC = 0.46% (NOPAT 1.67b / Invested Capital 360b)
WACC = 5.19% (E(60.0b)/V(102b) * Re(6.92%) + D(42.0b)/V(102b) * Rd(3.69%) * (1-Tc(0.26)))
Discount Rate = 6.92% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 74.19 | Cagr: 22.10%
[DCF] Terminal Value 77.97% ; FCFF base≈9.14b ; Y1≈10.5b ; Y5≈15.4b
[DCF] Fair Price = 2.62k (EV 232b - Net Debt 9.94b = Equity 222b / Shares 84.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 30.76 | EPS CAGR: 3.32% | SUE: 0.11 | # QB: 0
Revenue Correlation: 94.24 | Revenue CAGR: 14.50% | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=13.10 | Chg30d=-5.51% | Revisions=-50% | Analysts=3
EPS current Year (2026-12-31): EPS=49.12 | Chg30d=-0.28% | Revisions=-17% | GrowthEPS=-6.1% | GrowthRev=+68.2%
EPS next Year (2027-12-31): EPS=60.86 | Chg30d=-0.20% | Revisions=+17% | GrowthEPS=+23.9% | GrowthRev=+5.6%
[Analyst] Revisions Ratio: -25% (up=3, down=6)