Stocks/NLB.IL

NLB.IL

Nova Ljubljanska Banka d.d.
Financial Services·Banks - Regional
$44.00
$4.4B market cap
Revenue
$781.0M
Free Cash Flow
$650.4M
Rev Growth
+0.0%
FCF Margin
83.3%
P/FCF
6.8x
EV/FCF
5.1x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Nova Ljubljanska Banka d.d., together with its subsidiaries, provides various banking services for retail and corporate clients in Slovenia, South East Europe, and Western Europe. It operates through Retail Banking in Slovenia, Corporate and Investment Banking in Slovenia, Strategic Foreign Markets, Financial Markets in Slovenia, Non-Core Members, and Other Activities segments. The company offers saving and deposit accounts; and personal credit, home loans, green credit, housing guarantee scheme

2-Year Price History

$44.05+123.8%
$20$25$30$35$40$45volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall (EUR M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q1439.3152.9141.8119.383.9151.2-14.64,1213,056100.012.3%2.1x--
Act2025-Q4341.7128.5110.997.1533.8499.3-34.54,3722,782100.110.0%1.6x--

Valuation & Metrics

Market Stats

Price$44.00
Market Cap$4.4B
Enterprise Value$3.3B
P/S Ratio5.6x
P/FCF6.8x
EV/FCF5.1x
FCF Margin (TTM)83.3%
FCF Yield14.8%
Dividend Yield (TTM)5.8%
Annual Dilution0.0%
CurrencyEUR

TTM Financial Snapshot

Revenue$781.0M
Net Income$216.4M
Free Cash Flow$650.4M
Revenue Growth (YoY)+0.0%
EBITDA Margin36.0%
Net Margin27.7%
FCF Margin83.3%
CapEx % of Revenue6.3%
SBC % of Revenue0.0%
ROIC11.2%
WC Change % Rev10.8%
Interest Coverage1.8x

Forward Outlook & Risk

Employees

Headcount8,154
Revenue / Employee$95,786
Gross Profit / Employee$80,790

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · —still filing
No float data — flow unavailable.

Ownership composition

Active
0.1%(-0.0% YoY)
1 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
0 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
0%25%50%75%100%2022-032022-122023-092024-062025-032025-12
ActiveRetail fundsPassiveMarket makersRetail direct

Trading behavior

Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+1.64%
avg per quarter
Holders (ex-self)
+2.09%
excl. this stock
Buyers (this Q)
+0.00%
0 buyers · $0.00B in
Sellers (this Q)
+0.00%
0 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+0.0%
how holders react when this stock falls
On quiet Qs
+0.0%
−10% to +10% baseline
On rallies (+10%+)
+3.0%
how they react when this stock rises
Holders' portfolio flow this Q
+4.2%
inflows — adds are organic
Sellers' portfolio flow this Q
+0.0%
Sellers' overall flow ~ flat.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
+2.7%
Holder mid (any stock)
-0.4%
Holder rally (any stock)
-4.1%

Biggest decreases this quarter

Generali Investments CEE, investicni spolecnost, a.s.exited−$2.8M

Top-5 holders · 0.0%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

044K88K133K177K$7.88$15$22$29$362021-062022-062023-062024-062025-062025-12
hover the chart for per-quarter detailprice (right axis)
Generali Investments CEE, investicni spolecnost, a.s.65KErste Asset Management GmbH—Cullen Capital Management, LLC—