OLAV THON EIENDOMSSELSKAP AS (OLT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:OLT - NO0005638858 - Common Stock
334 NOK
0 (0%)
Taking everything into account, OLT scores 5 out of 10 in our fundamental rating. OLT was compared to 77 industry peers in the Real Estate Management & Development industry. OLT has an excellent profitability rating, but there are concerns on its financial health. OLT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year OLT was profitable.
- OLT had a positive operating cash flow in the past year.
- OLT had positive earnings in 4 of the past 5 years.
- OLT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- The Return On Assets of OLT (3.76%) is better than 77.92% of its industry peers.
- With a decent Return On Equity value of 7.48%, OLT is doing good in the industry, outperforming 79.22% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 4.34%, OLT belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for OLT is in line with the industry average of 3.99%.
- The last Return On Invested Capital (4.34%) for OLT is above the 3 year average (4.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 7.48% | ||
| ROIC | 4.34% |
ROA(3y)1.62%
ROA(5y)2.3%
ROE(3y)3.15%
ROE(5y)4.56%
ROIC(3y)4.07%
ROIC(5y)3.88%
1.3 Margins
- OLT has a Profit Margin of 48.22%. This is in the better half of the industry: OLT outperforms 77.92% of its industry peers.
- OLT's Profit Margin has been stable in the last couple of years.
- With an excellent Operating Margin value of 63.68%, OLT belongs to the best of the industry, outperforming 84.42% of the companies in the same industry.
- In the last couple of years the Operating Margin of OLT has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 68.27%, OLT is in the better half of the industry, outperforming 61.04% of the companies in the same industry.
- In the last couple of years the Gross Margin of OLT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 63.68% | ||
| PM (TTM) | 48.22% | ||
| GM | 68.27% |
OM growth 3Y-0.49%
OM growth 5Y0.1%
PM growth 3Y-21.9%
PM growth 5Y-0.89%
GM growth 3Y-1.61%
GM growth 5Y-1.38%
2. Health
2.1 Basic Checks
- OLT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, OLT has about the same amount of shares outstanding.
- The number of shares outstanding for OLT has been reduced compared to 5 years ago.
- OLT has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.48, we must say that OLT is in the distress zone and has some risk of bankruptcy.
- OLT has a better Altman-Z score (1.48) than 72.73% of its industry peers.
- The Debt to FCF ratio of OLT is 12.41, which is on the high side as it means it would take OLT, 12.41 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 12.41, OLT is doing good in the industry, outperforming 70.13% of the companies in the same industry.
- OLT has a Debt/Equity ratio of 0.53. This is a neutral value indicating OLT is somewhat dependend on debt financing.
- OLT has a Debt to Equity ratio of 0.53. This is in the better half of the industry: OLT outperforms 68.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 12.41 | ||
| Altman-Z | 1.48 |
ROIC/WACC0.62
WACC7.03%
2.3 Liquidity
- A Current Ratio of 0.21 indicates that OLT may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.21, OLT is doing worse than 81.82% of the companies in the same industry.
- OLT has a Quick Ratio of 0.21. This is a bad value and indicates that OLT is not financially healthy enough and could expect problems in meeting its short term obligations.
- OLT's Quick ratio of 0.18 is on the low side compared to the rest of the industry. OLT is outperformed by 80.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 2378.70% over the past year.
- The Earnings Per Share has been growing slightly by 4.32% on average over the past years.
- Looking at the last year, OLT shows a small growth in Revenue. The Revenue has grown by 3.19% in the last year.
- The Revenue has been growing slightly by 4.70% on average over the past years.
EPS 1Y (TTM)2378.7%
EPS 3Y-15.42%
EPS 5Y4.32%
EPS Q2Q%20.6%
Revenue 1Y (TTM)3.19%
Revenue growth 3Y7.54%
Revenue growth 5Y4.7%
Sales Q2Q%31.18%
3.2 Future
- Based on estimates for the next years, OLT will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.23% on average per year.
- Based on estimates for the next years, OLT will show a decrease in Revenue. The Revenue will decrease by -1.48% on average per year.
EPS Next Y0.42%
EPS Next 2Y16.4%
EPS Next 3Y10.23%
EPS Next 5YN/A
Revenue Next Year-9.24%
Revenue Next 2Y-3.66%
Revenue Next 3Y-1.48%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 21.13, OLT is valued on the expensive side.
- OLT's Price/Earnings ratio is a bit cheaper when compared to the industry. OLT is cheaper than 63.64% of the companies in the same industry.
- When comparing the Price/Earnings ratio of OLT to the average of the S&P500 Index (27.21), we can say OLT is valued slightly cheaper.
- The Price/Forward Earnings ratio is 12.89, which indicates a correct valuation of OLT.
- 76.62% of the companies in the same industry are more expensive than OLT, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of OLT to the average of the S&P500 Index (24.26), we can say OLT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.13 | ||
| Fwd PE | 12.89 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, OLT is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
- OLT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.99 | ||
| EV/EBITDA | 17.43 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of OLT may justify a higher PE ratio.
PEG (NY)50.02
PEG (5Y)4.89
EPS Next 2Y16.4%
EPS Next 3Y10.23%
5. Dividend
5.1 Amount
- OLT has a Yearly Dividend Yield of 2.17%. Purely for dividend investing, there may be better candidates out there.
- OLT's Dividend Yield is a higher than the industry average which is at 4.16.
- OLT's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
5.2 History
- On average, the dividend of OLT grows each year by 8.90%, which is quite nice.
Dividend Growth(5Y)8.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- OLT pays out 30.76% of its income as dividend. This is a sustainable payout ratio.
- OLT's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP30.76%
EPS Next 2Y16.4%
EPS Next 3Y10.23%
OLAV THON EIENDOMSSELSKAP AS / OLT.OL FAQ
What is the ChartMill fundamental rating of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to OLT.OL.
What is the valuation status of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
ChartMill assigns a valuation rating of 4 / 10 to OLAV THON EIENDOMSSELSKAP AS (OLT.OL). This can be considered as Fairly Valued.
How profitable is OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
OLAV THON EIENDOMSSELSKAP AS (OLT.OL) has a profitability rating of 7 / 10.
What is the expected EPS growth for OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
The Earnings per Share (EPS) of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) is expected to grow by 0.42% in the next year.
How sustainable is the dividend of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
The dividend rating of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) is 6 / 10 and the dividend payout ratio is 30.76%.