EN DE
STOCK COMPARISON

Morgan Stanley vs Nordnet AB: Fair Value & Quality

Both stocks run through our valuation models. Here is how Morgan Stanley (MS) and Nordnet AB (SAVE) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees Morgan Stanley as the less overvalued of the two: Morgan Stanley trades at $217 versus a fair value of $139 (-36%), while Nordnet AB trades at SEK 356 versus SEK 211 (-41%).
Morgan Stanley
MS · USD · Financials
-36%
upside to fair value
overvalued
Price$217
Fair Value$139
Quality67/100
Nordnet AB
SAVE.ST · SEK · Financials
-41%
upside to fair value
overvalued
PriceSEK 356
Fair ValueSEK 211
Quality59/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Morgan StanleyNordnet AB
Valuation
20.1×P/E (TTM)30.3×
4.79×P/S (TTM)14.56×
3.14×P/B12.07×
22.1×EV/EBITDA21.6×
2.64×PEG
−36.0%Fair value upside−40.8%
1.8%Dividend yield2.4%
$4.00Dividend per shareSEK 8.60
Profitability
41%Operating margin62%
0.66×EBIT margin trend (5Y)1.11×
16%Return on equity34%
1%Return on assets1%
Growth
16%Revenue growth (YoY)7%
22.5%Avg. growth/yr (3Y)20.6%
18.3%Avg. growth/yr (5Y)18.4%
+11.1%Value creation/yr+23.2%
Balance & size
0.4×Interest coverage (EBIT/interest)8.2×
3.13×Debt / equity
$351BMarket cap$9B
mixedGrowth qualityhealthy

Nordnet AB leads: 5 to 8 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Morgan Stanleyof which business quality 62 · market factors 72 Nordnet ABof which business quality 54 · market factors 77
ProfitabilityMargins and returns on capital today
31
46
Quality GrowthAre margins and returns improving?
56
37
CashflowEarnings quality: real cash, not paper profit
100
100
Fin. StrengthBalance sheet, leverage, solvency risk
26
5
InvestmentDisciplined investing over empire-building
82
60
Low VolatilityCalm price path (market factor)
58
89
MomentumPrice trend over the last 3–12 months (market factor)
73
67
52W MomentumDistance to the 52-week high (market factor)
87
80
Net IssuanceBuybacks instead of dilution
96
85

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyMorgan StanleyPrice $217Nordnet ABPrice SEK 356
DCF Models-40%below the price$130n/a
Earnings-Based-2%close to the price$214n/a
Dividend Discount-63%below the price$79.85n/a
Multiples-45%below the price$119-93%below the priceSEK 25.60
Asset-Based-78%below the price$47.42-94%below the priceSEK 20.18
Growth DCF+53%above the price$332n/a
Economic Profit-56%below the price$95.82n/a
Minimum-78%below the price$47.42-94%below the priceSEK 20.18
Maximum+53%above the price$332-93%below the priceSEK 25.60
Median-45%below the price$119-94%below the priceSEK 22.89
Geometric mean-44%below the price$122-94%below the priceSEK 22.73

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Morgan Stanley: 11 of 13 models see the stock below the current price.

Nordnet AB: 2 of 2 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Morgan Stanley
Bear $77.78Fair Value $139Bull $228
$217 = current price (white tick)
Nordnet AB
Bear SEK 158Fair Value SEK 211Bull SEK 263
SEK 356 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Morgan Stanley · Financials

Quality score67 · Top 25%
Fair value upside-36% · below median

Nordnet AB · Financials

Quality score59 · above median
Fair value upside-41% · bottom 25%

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees Morgan Stanley as the less overvalued of the two: Morgan Stanley trades at $217 versus a fair value of $139 (-36%), while Nordnet AB trades at SEK 356 versus SEK 211 (-41%).

Morgan Stanley has the higher quality score (67/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.