OLAV THON EIENDOMSSELSKAP AS (OLT.OL) Stock Fundamental Analysis
OSL:OLT - Euronext Oslo - NO0005638858 - Common Stock - Currency: NOK
OLT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 74 industry peers in the Real Estate Management & Development industry. While OLT belongs to the best of the industry regarding profitability, there are concerns on its financial health. OLT is valued correctly, but it does not seem to be growing.
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.
Of the past 5 years OLT 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 3.74%, OLT belongs to the best of the industry, outperforming 87.84% of the companies in the same industry.
The Return On Equity of OLT (7.32%) is better than 87.84% of its industry peers.
OLT's Return On Invested Capital of 4.45% is amongst the best of the industry. OLT outperforms 87.84% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OLT is in line with the industry average of 3.47%.
The last Return On Invested Capital (4.45%) for OLT is above the 3 year average (4.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.74% | ||
| ROE | 7.32% | ||
| ROIC | 4.45% |
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's Profit Margin of 48.53% is amongst the best of the industry. OLT outperforms 91.89% of its industry peers.
OLT's Profit Margin has been stable in the last couple of years.
The Operating Margin of OLT (64.48%) is better than 90.54% of its industry peers.
In the last couple of years the Operating Margin of OLT has remained more or less at the same level.
The Gross Margin of OLT (68.73%) is better than 66.22% of its industry peers.
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 | 64.48% | ||
| PM (TTM) | 48.53% | ||
| GM | 68.73% |
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 1.40, we must say that OLT is in the distress zone and has some risk of bankruptcy.
OLT has a better Altman-Z score (1.40) than 77.03% of its industry peers.
OLT has a debt to FCF ratio of 12.46. This is a negative value and a sign of low solvency as OLT would need 12.46 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 12.46, OLT is in the better half of the industry, outperforming 72.97% of the companies in the same industry.
OLT has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
OLT has a better Debt to Equity ratio (0.46) than 70.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 12.46 | ||
| Altman-Z | 1.4 |
ROIC/WACC0.64
WACC6.96%
2.3 Liquidity
OLT has a Current Ratio of 0.16. 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 has a worse Current ratio (0.16) than 83.78% of its industry peers.
A Quick Ratio of 0.16 indicates that OLT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.16, OLT is doing worse than 82.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.16 | ||
| Quick Ratio | 0.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 319.78% over the past year.
Measured over the past 5 years, OLT shows a small growth in Earnings Per Share. The EPS has been growing by 4.32% on average per year.
Looking at the last year, OLT shows a small growth in Revenue. The Revenue has grown by 1.01% in the last year.
Measured over the past years, OLT shows a small growth in Revenue. The Revenue has been growing by 4.70% on average per year.
EPS 1Y (TTM)319.78%
EPS 3Y-15.42%
EPS 5Y4.32%
EPS Q2Q%33.33%
Revenue 1Y (TTM)1.01%
Revenue growth 3Y7.54%
Revenue growth 5Y4.7%
Sales Q2Q%-27.37%
3.2 Future
The Earnings Per Share is expected to decrease by -12.36% on average over the next years. This is quite bad
Based on estimates for the next years, OLT will show a decrease in Revenue. The Revenue will decrease by -1.79% on average per year.
EPS Next Y5.15%
EPS Next 2Y8.7%
EPS Next 3Y-12.36%
EPS Next 5YN/A
Revenue Next Year3.46%
Revenue Next 2Y2.8%
Revenue Next 3Y-1.79%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 20.57, the valuation of OLT can be described as rather expensive.
Based on the Price/Earnings ratio, OLT is valued a bit cheaper than the industry average as 70.27% of the companies are valued more expensively.
OLT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 13.18, the valuation of OLT can be described as correct.
Based on the Price/Forward Earnings ratio, OLT is valued a bit cheaper than the industry average as 71.62% of the companies are valued more expensively.
OLT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.57 | ||
| Fwd PE | 13.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OLT is valued a bit cheaper than 77.03% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OLT indicates a somewhat cheap valuation: OLT is cheaper than 62.16% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.73 | ||
| EV/EBITDA | 16.1 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OLT does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of OLT may justify a higher PE ratio.
A cheap valuation may be justified as OLT's earnings are expected to decrease with -12.36% in the coming years.
PEG (NY)4
PEG (5Y)4.76
EPS Next 2Y8.7%
EPS Next 3Y-12.36%
5. Dividend
5.1 Amount
OLT has a Yearly Dividend Yield of 2.42%.
OLT's Dividend Yield is comparable with the industry average which is at 7.89.
OLT's Dividend Yield is comparable with the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
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
30.01% of the earnings are spent on dividend by OLT. This is a low number and sustainable payout ratio.
DP30.01%
EPS Next 2Y8.7%
EPS Next 3Y-12.36%
OSL:OLT (7/9/2025, 12:46:17 PM)
298
+2 (+0.68%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners8.42%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap30.24B
Analysts83.33
Price Target295.8 (-0.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
Yearly Dividend7.04
Dividend Growth(5Y)8.9%
DP30.01%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-33.93%
Min EPS beat(2)-40.04%
Max EPS beat(2)-27.82%
EPS beat(4)0
Avg EPS beat(4)-20.1%
Min EPS beat(4)-40.04%
Max EPS beat(4)-4.19%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-16.6%
Min Revenue beat(2)-25.56%
Max Revenue beat(2)-7.63%
Revenue beat(4)0
Avg Revenue beat(4)-14.55%
Min Revenue beat(4)-25.56%
Max Revenue beat(4)-4.02%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-6.75%
EPS NQ rev (3m)-6.75%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.64%
Revenue NQ rev (3m)1.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.57 | ||
| Fwd PE | 13.18 | ||
| P/S | 6.17 | ||
| P/FCF | 17.73 | ||
| P/OCF | 17.73 | ||
| P/B | 0.93 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 16.1 |
EPS(TTM)14.49
EY4.86%
EPS(NY)22.6
Fwd EY7.59%
FCF(TTM)16.81
FCFY5.64%
OCF(TTM)16.81
OCFY5.64%
SpS48.31
BVpS320.05
TBVpS320.05
PEG (NY)4
PEG (5Y)4.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.74% | ||
| ROE | 7.32% | ||
| ROCE | 5.68% | ||
| ROIC | 4.45% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 4.47% | ||
| OM | 64.48% | ||
| PM (TTM) | 48.53% | ||
| GM | 68.73% | ||
| FCFM | 34.8% |
ROA(3y)1.62%
ROA(5y)2.3%
ROE(3y)3.15%
ROE(5y)4.56%
ROIC(3y)4.07%
ROIC(5y)3.88%
ROICexc(3y)4.08%
ROICexc(5y)3.9%
ROICexgc(3y)4.08%
ROICexgc(5y)3.9%
ROCE(3y)5.19%
ROCE(5y)4.95%
ROICexcg growth 3Y6.01%
ROICexcg growth 5Y2.95%
ROICexc growth 3Y6.01%
ROICexc growth 5Y2.94%
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%
F-Score4
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 12.46 | ||
| Debt/EBITDA | 4.69 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.47 | ||
| Cash Conversion | 53.75% | ||
| Profit Quality | 71.71% | ||
| Current Ratio | 0.16 | ||
| Quick Ratio | 0.16 | ||
| Altman-Z | 1.4 |
F-Score4
WACC6.96%
ROIC/WACC0.64
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)319.78%
EPS 3Y-15.42%
EPS 5Y4.32%
EPS Q2Q%33.33%
EPS Next Y5.15%
EPS Next 2Y8.7%
EPS Next 3Y-12.36%
EPS Next 5YN/A
Revenue 1Y (TTM)1.01%
Revenue growth 3Y7.54%
Revenue growth 5Y4.7%
Sales Q2Q%-27.37%
Revenue Next Year3.46%
Revenue Next 2Y2.8%
Revenue Next 3Y-1.79%
Revenue Next 5YN/A
EBIT growth 1Y-0.41%
EBIT growth 3Y7.01%
EBIT growth 5Y4.81%
EBIT Next Year3.46%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y19.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y19.47%
OCF growth 3YN/A
OCF growth 5YN/A