SPAREBANK 1 HELGELAND (HELG.OL) Stock Fundamental Analysis
OSL:HELG - Euronext Oslo - NO0010029804 - Common Stock - Currency: NOK
Taking everything into account, HELG scores 3 out of 10 in our fundamental rating. HELG was compared to 95 industry peers in the Banks industry. HELG may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, HELG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
HELG had positive earnings in the past year.
HELG had a negative operating cash flow in the past year.
In the past 5 years HELG has always been profitable.
In multiple years HELG reported negative operating cash flow during the last 5 years.
1.2 Ratios
HELG's Return On Assets of 1.12% is fine compared to the rest of the industry. HELG outperforms 76.84% of its industry peers.
HELG has a Return On Equity (8.39%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 8.39% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)0.83%
ROE(3y)7.6%
ROE(5y)6.52%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HELG has a better Profit Margin (33.98%) than 86.32% of its industry peers.
HELG's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for HELG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 33.98% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y19.29%
PM growth 5Y2.9%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HELG does not have a ROIC to compare to the WACC, probably because it is not profitable.
HELG has less shares outstanding than it did 1 year ago.
HELG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HELG is higher compared to a year ago.
2.2 Solvency
HELG has a Debt/Equity ratio of 1.60. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.60, HELG is in the better half of the industry, outperforming 61.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.8%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.34% over the past year.
Measured over the past years, HELG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.99% on average per year.
Looking at the last year, HELG shows a quite strong growth in Revenue. The Revenue has grown by 9.05% in the last year.
Measured over the past years, HELG shows a quite strong growth in Revenue. The Revenue has been growing by 11.27% on average per year.
EPS 1Y (TTM)9.34%
EPS 3Y31.35%
EPS 5Y8.99%
EPS Q2Q%32.86%
Revenue 1Y (TTM)9.05%
Revenue growth 3Y20.18%
Revenue growth 5Y11.27%
Sales Q2Q%-0.98%
3.2 Future
The Earnings Per Share is expected to grow by 4.93% on average over the next years.
The Revenue is expected to grow by 0.76% on average over the next years.
EPS Next Y0.24%
EPS Next 2Y-0.21%
EPS Next 3Y4.93%
EPS Next 5YN/A
Revenue Next Year-2.13%
Revenue Next 2Y-0.87%
Revenue Next 3Y0.76%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.75, which indicates a very decent valuation of HELG.
HELG's Price/Earnings ratio is a bit more expensive when compared to the industry. HELG is more expensive than 64.21% of the companies in the same industry.
HELG is valuated cheaply when we compare the Price/Earnings ratio to 28.79, which is the current average of the S&P500 Index.
HELG is valuated reasonably with a Price/Forward Earnings ratio of 9.73.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HELG is on the same level as its industry peers.
HELG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.75 | ||
| Fwd PE | 9.73 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HELG does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)41.14
PEG (5Y)1.08
EPS Next 2Y-0.21%
EPS Next 3Y4.93%
5. Dividend
5.1 Amount
HELG has a Yearly Dividend Yield of 5.34%, which is a nice return.
HELG's Dividend Yield is comparable with the industry average which is at 5.50.
HELG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.47.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.34% |
5.2 History
The dividend of HELG is nicely growing with an annual growth rate of 53.52%!
Dividend Growth(5Y)53.52%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
HELG pays out 82.42% of its income as dividend. This is not a sustainable payout ratio.
The dividend of HELG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP82.42%
EPS Next 2Y-0.21%
EPS Next 3Y4.93%
OSL:HELG (4/25/2025, 7:00:00 PM)
157.96
+0.06 (+0.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners40.72%
Inst Owner ChangeN/A
Ins Owners0.5%
Ins Owner ChangeN/A
Market Cap4.26B
Analysts45.45
Price Target168.64 (6.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.34% |
Yearly Dividend13.4
Dividend Growth(5Y)53.52%
DP82.42%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.33%
Min EPS beat(2)4.9%
Max EPS beat(2)11.75%
EPS beat(4)3
Avg EPS beat(4)3.5%
Min EPS beat(4)-3.66%
Max EPS beat(4)11.75%
EPS beat(8)4
Avg EPS beat(8)-2.31%
EPS beat(12)6
Avg EPS beat(12)4.21%
EPS beat(16)8
Avg EPS beat(16)0.38%
Revenue beat(2)0
Avg Revenue beat(2)-3.39%
Min Revenue beat(2)-4.53%
Max Revenue beat(2)-2.26%
Revenue beat(4)0
Avg Revenue beat(4)-4.76%
Min Revenue beat(4)-6.38%
Max Revenue beat(4)-2.26%
Revenue beat(8)1
Avg Revenue beat(8)-2.42%
Revenue beat(12)3
Avg Revenue beat(12)-0.93%
Revenue beat(16)3
Avg Revenue beat(16)-1.99%
PT rev (1m)2.27%
PT rev (3m)12.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.34%
EPS NY rev (3m)4.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.73%
Revenue NY rev (3m)-0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.75 | ||
| Fwd PE | 9.73 | ||
| P/S | 3.31 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.82 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | N/A |
EPS(TTM)16.2
EY10.26%
EPS(NY)16.24
Fwd EY10.28%
FCF(TTM)-7.41
FCFYN/A
OCF(TTM)-6.04
OCFYN/A
SpS47.74
BVpS193.41
TBVpS190.7
PEG (NY)41.14
PEG (5Y)1.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 8.39% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 33.98% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)1.01%
ROA(5y)0.83%
ROE(3y)7.6%
ROE(5y)6.52%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y19.29%
PM growth 5Y2.9%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 2.87% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC5.8%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)6.17%
Cap/Sales(5y)8.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.34%
EPS 3Y31.35%
EPS 5Y8.99%
EPS Q2Q%32.86%
EPS Next Y0.24%
EPS Next 2Y-0.21%
EPS Next 3Y4.93%
EPS Next 5YN/A
Revenue 1Y (TTM)9.05%
Revenue growth 3Y20.18%
Revenue growth 5Y11.27%
Sales Q2Q%-0.98%
Revenue Next Year-2.13%
Revenue Next 2Y-0.87%
Revenue Next 3Y0.76%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-111.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-108.73%
OCF growth 3YN/A
OCF growth 5YN/A