Melhus Sparebank (OL:MELG) — Market Cap & Net Worth
Market Cap & Net Worth: Melhus Sparebank (MELG)
Melhus Sparebank (OL:MELG) has a market capitalization of $56.00 Million (Nkr532.18 Million) as of May 3, 2026. Listed on the OL stock exchange, this Norway-based company holds position #21455 globally and #195 in its home market, demonstrating a -0.86% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Melhus Sparebank's stock price Nkr192.00 by its total outstanding shares 2771746 (2.77 Million). Analyse MELG cash generation efficiency to see how efficiently the company converts income to cash.
Melhus Sparebank Market Cap History: 2015 to 2026
Melhus Sparebank's market capitalization history from 2015 to 2026. Data shows growth from $18.89 Million to $56.00 Million (11.16% CAGR).
Melhus Sparebank Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Melhus Sparebank's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.17x
Melhus Sparebank's market cap is 0.17 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.42x
Melhus Sparebank's market cap is 0.42 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $20.95 Million | $299.54 Million | $83.23 Million | 0.07x | 0.25x |
| 2017 | $21.47 Million | $301.74 Million | $79.15 Million | 0.07x | 0.27x |
| 2018 | $23.41 Million | $308.71 Million | $82.31 Million | 0.08x | 0.28x |
| 2019 | $29.26 Million | $351.30 Million | $97.58 Million | 0.08x | 0.30x |
| 2020 | $32.77 Million | $317.55 Million | $88.21 Million | 0.10x | 0.37x |
| 2021 | $36.33 Million | $296.08 Million | $105.24 Million | 0.12x | 0.35x |
| 2022 | $40.30 Million | $399.67 Million | $100.62 Million | 0.10x | 0.40x |
| 2023 | $43.20 Million | $657.78 Million | $135.35 Million | 0.07x | 0.32x |
| 2024 | $48.01 Million | $745.82 Million | $139.51 Million | 0.06x | 0.34x |
| 2025 | $58.63 Million | $349.07 Million | $140.14 Million | 0.17x | 0.42x |
Competitor Companies of MELG by Market Capitalization
Companies near Melhus Sparebank in the global market cap rankings as of May 3, 2026.
Key companies related to Melhus Sparebank by market ranking:
- HDFC Bank Limited (F:HDFA): Ranked #179 globally with a market cap of $128.33 Billion USD ( €109.77 Billion EUR).
- China Merchants Bank Co Ltd (SHG:600036): Ranked #204 globally with a market cap of $115.52 Billion USD ( CN¥789.47 Billion CNY).
- UNICREDIT S.P.A. ADR (F:CRIP): Ranked #207 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
- DBS GROUP ADR/4 SD 1 (F:DEV): Ranked #219 globally with a market cap of $109.87 Billion USD ( €93.97 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #179 | HDFC Bank Limited | F:HDFA | $128.33 Billion | €21.40 |
| #204 | China Merchants Bank Co Ltd | SHG:600036 | $115.52 Billion | CN¥38.27 |
| #207 | UNICREDIT S.P.A. ADR | F:CRIP | $112.81 Billion | €32.20 |
| #219 | DBS GROUP ADR/4 SD 1 | F:DEV | $109.87 Billion | €152.00 |
Melhus Sparebank Historical Marketcap From 2015 to 2026
Between 2015 and today, Melhus Sparebank's market cap moved from $18.89 Million to $ 56.00 Million, with a yearly change of 11.16%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr56.00 Million | -4.48% |
| 2025 | Nkr58.63 Million | +22.11% |
| 2024 | Nkr48.01 Million | +11.14% |
| 2023 | Nkr43.20 Million | +7.19% |
| 2022 | Nkr40.30 Million | +10.93% |
| 2021 | Nkr36.33 Million | +10.87% |
| 2020 | Nkr32.77 Million | +11.98% |
| 2019 | Nkr29.26 Million | +24.99% |
| 2018 | Nkr23.41 Million | +9.04% |
| 2017 | Nkr21.47 Million | +2.51% |
| 2016 | Nkr20.95 Million | +10.87% |
| 2015 | Nkr18.89 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Melhus Sparebank was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $56.00 Million USD |
| MoneyControl | $56.00 Million USD |
| MarketWatch | $56.00 Million USD |
| marketcap.company | $56.00 Million USD |
| Reuters | $56.00 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Melhus Sparebank
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 v… Read more