OLAV THON EIENDOMSSELSKAP AS (OLT.OL) Stock Fundamental Analysis
Europe - OSL:OLT - NO0005638858 - Common Stock
271 NOK
-1.5 (-0.55%)
We assign a fundamental rating of 5 out of 10 to OLT. OLT was compared to 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year OLT was profitable.
In the past year OLT had a positive cash flow from operations.
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 a decent Return On Assets value of 3.74%, OLT is doing good in the industry, outperforming 79.73% of the companies in the same industry.
OLT has a better Return On Equity (7.32%) than 79.73% of its industry peers.
With an excellent Return On Invested Capital value of 4.45%, OLT belongs to the best of the industry, outperforming 85.14% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for OLT is in line with the industry average of 3.81%.
The 3 year average ROIC (4.07%) for OLT is below the current ROIC(4.45%), indicating increased profibility in the last year.
| 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 has a better Profit Margin (48.53%) than 82.43% of its industry peers.
In the last couple of years the Profit Margin of OLT has remained more or less at the same level.
OLT's Operating Margin of 64.48% is amongst the best of the industry. OLT outperforms 85.14% of its industry peers.
OLT's Operating Margin has been stable in the last couple of years.
OLT has a better Gross Margin (68.73%) than 62.16% of its industry peers.
OLT's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for OLT remains at a similar level compared to 1 year ago.
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 1.35, we must say that OLT is in the distress zone and has some risk of bankruptcy.
OLT's Altman-Z score of 1.35 is fine compared to the rest of the industry. OLT outperforms 66.22% 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.
OLT's Debt to FCF ratio of 12.46 is fine compared to the rest of the industry. OLT outperforms 66.22% of its industry peers.
A Debt/Equity ratio of 0.46 indicates that OLT is not too dependend on debt financing.
OLT has a better Debt to Equity ratio (0.46) than 67.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 12.46 | ||
| Altman-Z | 1.35 |
ROIC/WACC0.65
WACC6.8%
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 89.19% of its industry peers.
OLT has a Quick 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's Quick ratio of 0.16 is on the low side compared to the rest of the industry. OLT is outperformed by 86.49% of its industry peers.
| 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 130.04% over the past year.
The Earnings Per Share has been growing by 27.40% on average over the past years. This is a very strong growth
The Revenue has grown by 14.08% in the past year. This is quite good.
OLT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.42% yearly.
EPS 1Y (TTM)130.04%
EPS 3Y27.4%
EPS 5YN/A
EPS Q2Q%11.76%
Revenue 1Y (TTM)14.08%
Revenue growth 3Y8.07%
Revenue growth 5Y5.42%
Sales Q2Q%-16.68%
3.2 Future
The Earnings Per Share is expected to decrease by -11.11% 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 -3.65% on average per year.
EPS Next Y-51.43%
EPS Next 2Y-26.43%
EPS Next 3Y-15.96%
EPS Next 5Y-11.11%
Revenue Next Year-8.97%
Revenue Next 2Y-9.27%
Revenue Next 3Y-5.78%
Revenue Next 5Y-3.65%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 18.08, 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 66.22% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. OLT is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 12.71 indicates a correct valuation of OLT.
Based on the Price/Forward Earnings ratio, OLT is valued a bit cheaper than the industry average as 72.97% of the companies are valued more expensively.
OLT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.08 | ||
| Fwd PE | 12.71 |
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.
The rest of the industry has a similar Price/Free Cash Flow ratio as OLT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.12 | ||
| EV/EBITDA | 15.35 |
4.3 Compensation for Growth
OLT has a very decent profitability rating, which may justify a higher PE ratio.
OLT's earnings are expected to decrease with -15.96% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-26.43%
EPS Next 3Y-15.96%
5. Dividend
5.1 Amount
OLT has a Yearly Dividend Yield of 2.64%.
OLT's Dividend Yield is a higher than the industry average which is at 7.70.
Compared to an average S&P500 Dividend Yield of 2.38, OLT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
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 30.01% of its income as dividend. This is a sustainable payout ratio.
DP30.01%
EPS Next 2Y-26.43%
EPS Next 3Y-15.96%
OSL:OLT (9/19/2025, 3:42:04 PM)
271
-1.5 (-0.55%)
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 Cap27.50B
Analysts80
Price Target339.15 (25.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
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)1
Avg Revenue beat(2)-12.02%
Min Revenue beat(2)-25.56%
Max Revenue beat(2)1.53%
Revenue beat(4)1
Avg Revenue beat(4)-12.26%
Min Revenue beat(4)-25.56%
Max Revenue beat(4)1.53%
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)14.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.75%
EPS NY rev (1m)6%
EPS NY rev (3m)6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.64%
Revenue NY rev (1m)-1.28%
Revenue NY rev (3m)-12.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.08 | ||
| Fwd PE | 12.71 | ||
| P/S | 5.61 | ||
| P/FCF | 16.12 | ||
| P/OCF | 16.12 | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 15.35 |
EPS(TTM)14.99
EY5.53%
EPS(NY)21.32
Fwd EY7.87%
FCF(TTM)16.81
FCFY6.2%
OCF(TTM)16.81
OCFY6.2%
SpS48.31
BVpS320.05
TBVpS320.05
PEG (NY)N/A
PEG (5Y)N/A
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 | 1.35 |
F-Score4
WACC6.8%
ROIC/WACC0.65
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)130.04%
EPS 3Y27.4%
EPS 5YN/A
EPS Q2Q%11.76%
EPS Next Y-51.43%
EPS Next 2Y-26.43%
EPS Next 3Y-15.96%
EPS Next 5Y-11.11%
Revenue 1Y (TTM)14.08%
Revenue growth 3Y8.07%
Revenue growth 5Y5.42%
Sales Q2Q%-16.68%
Revenue Next Year-8.97%
Revenue Next 2Y-9.27%
Revenue Next 3Y-5.78%
Revenue Next 5Y-3.65%
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