SATS ASA (SATS.OL) Stock Fundamental Analysis
OSL:SATS - Euronext Oslo - NO0010863285 - Common Stock - Currency: NOK
Taking everything into account, SATS scores 5 out of 10 in our fundamental rating. SATS was compared to 55 industry peers in the Hotels, Restaurants & Leisure industry. While SATS has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on SATS.
1. Profitability
1.1 Basic Checks
In the past year SATS was profitable.
SATS had a positive operating cash flow in the past year.
In multiple years SATS reported negative net income over the last 5 years.
In the past 5 years SATS always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.49%, SATS is in line with its industry, outperforming 60.00% of the companies in the same industry.
SATS's Return On Equity of 24.24% is amongst the best of the industry. SATS outperforms 85.45% of its industry peers.
SATS has a better Return On Invested Capital (7.81%) than 65.45% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SATS is significantly below the industry average of 11.55%.
The last Return On Invested Capital (7.81%) for SATS is above the 3 year average (4.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 24.24% | ||
| ROIC | 7.81% |
ROA(3y)1.05%
ROA(5y)-1.17%
ROE(3y)5.86%
ROE(5y)-22.54%
ROIC(3y)4.85%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 6.44%, SATS perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
In the last couple of years the Profit Margin of SATS has grown nicely.
SATS has a Operating Margin of 14.69%. This is in the better half of the industry: SATS outperforms 76.36% of its industry peers.
SATS's Operating Margin has improved in the last couple of years.
SATS has a better Gross Margin (97.18%) than 100.00% of its industry peers.
SATS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.69% | ||
| PM (TTM) | 6.44% | ||
| GM | 97.18% |
OM growth 3YN/A
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5Y6.54%
GM growth 3Y0.15%
GM growth 5Y0.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SATS is creating some value.
The number of shares outstanding for SATS remains at a similar level compared to 1 year ago.
Compared to 5 years ago, SATS has more shares outstanding
The debt/assets ratio for SATS has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.78, we must say that SATS is in the distress zone and has some risk of bankruptcy.
SATS has a Altman-Z score of 0.78. This is in the lower half of the industry: SATS underperforms 65.45% of its industry peers.
SATS has a debt to FCF ratio of 3.90. This is a good value and a sign of high solvency as SATS would need 3.90 years to pay back of all of its debts.
SATS has a Debt to FCF ratio of 3.90. This is in the better half of the industry: SATS outperforms 74.55% of its industry peers.
SATS has a Debt/Equity ratio of 4.11. This is a high value indicating a heavy dependency on external financing.
SATS's Debt to Equity ratio of 4.11 is on the low side compared to the rest of the industry. SATS is outperformed by 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 0.78 |
ROIC/WACC1.3
WACC6.01%
2.3 Liquidity
SATS has a Current Ratio of 0.40. This is a bad value and indicates that SATS is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.40, SATS is not doing good in the industry: 78.18% of the companies in the same industry are doing better.
SATS has a Quick Ratio of 0.40. This is a bad value and indicates that SATS is not financially healthy enough and could expect problems in meeting its short term obligations.
SATS has a worse Quick ratio (0.38) than 76.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.46% over the past year.
The Earnings Per Share has been growing slightly by 0.89% on average over the past years.
Looking at the last year, SATS shows a small growth in Revenue. The Revenue has grown by 6.99% in the last year.
The Revenue has been growing slightly by 4.90% on average over the past years.
EPS 1Y (TTM)45.46%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%113.95%
Revenue 1Y (TTM)6.99%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%6.85%
3.2 Future
SATS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.19% yearly.
The Revenue is expected to grow by 5.50% on average over the next years.
EPS Next Y48.94%
EPS Next 2Y33.19%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.75%
Revenue Next 2Y5.5%
Revenue Next 3YN/A
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.15, which indicates a rather expensive current valuation of SATS.
Based on the Price/Earnings ratio, SATS is valued a bit cheaper than the industry average as 74.55% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SATS to the average of the S&P500 Index (29.35), we can say SATS is valued slightly cheaper.
A Price/Forward Earnings ratio of 13.04 indicates a correct valuation of SATS.
80.00% of the companies in the same industry are more expensive than SATS, based on the Price/Forward Earnings ratio.
SATS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.15 | ||
| Fwd PE | 13.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SATS indicates a somewhat cheap valuation: SATS is cheaper than 74.55% of the companies listed in the same industry.
90.91% of the companies in the same industry are more expensive than SATS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.74 | ||
| EV/EBITDA | 6.37 |
4.3 Compensation for Growth
SATS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SATS has a very decent profitability rating, which may justify a higher PE ratio.
SATS's earnings are expected to grow with 33.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)21.51
EPS Next 2Y33.19%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for SATS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:SATS (3/7/2025, 7:00:00 PM)
30.45
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners24.3%
Inst Owner ChangeN/A
Ins Owners2.76%
Ins Owner ChangeN/A
Market Cap6.23B
Analysts85.45
Price Target37.99 (24.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend6.07
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)-1.63%
Min Revenue beat(2)-1.97%
Max Revenue beat(2)-1.28%
Revenue beat(4)0
Avg Revenue beat(4)-1.66%
Min Revenue beat(4)-1.97%
Max Revenue beat(4)-1.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.86%
Revenue beat(12)3
Avg Revenue beat(12)-1.53%
Revenue beat(16)4
Avg Revenue beat(16)-2.53%
PT rev (1m)24.17%
PT rev (3m)28.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.5%
EPS NY rev (1m)12.39%
EPS NY rev (3m)15.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.15 | ||
| Fwd PE | 13.04 | ||
| P/S | 1.23 | ||
| P/FCF | 3.74 | ||
| P/OCF | 3.19 | ||
| P/B | 4.63 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.37 |
EPS(TTM)1.59
EY5.22%
EPS(NY)2.34
Fwd EY7.67%
FCF(TTM)8.14
FCFY26.73%
OCF(TTM)9.54
OCFY31.33%
SpS24.74
BVpS6.57
TBVpS-6.43
PEG (NY)0.39
PEG (5Y)21.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 24.24% | ||
| ROCE | 10.65% | ||
| ROIC | 7.81% | ||
| ROICexc | 8.25% | ||
| ROICexgc | 13.81% | ||
| OM | 14.69% | ||
| PM (TTM) | 6.44% | ||
| GM | 97.18% | ||
| FCFM | 32.89% |
ROA(3y)1.05%
ROA(5y)-1.17%
ROE(3y)5.86%
ROE(5y)-22.54%
ROIC(3y)4.85%
ROIC(5y)N/A
ROICexc(3y)5.1%
ROICexc(5y)N/A
ROICexgc(3y)8.52%
ROICexgc(5y)N/A
ROCE(3y)6.62%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y5.23%
ROICexc growth 3YN/A
ROICexc growth 5Y5.59%
OM growth 3YN/A
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5Y6.54%
GM growth 3Y0.15%
GM growth 5Y0.01%
F-Score8
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.9 | ||
| Debt/EBITDA | 2.85 | ||
| Cap/Depr | 23.96% | ||
| Cap/Sales | 5.67% | ||
| Interest Coverage | 2.45 | ||
| Cash Conversion | 100.57% | ||
| Profit Quality | 511.04% | ||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.38 | ||
| Altman-Z | 0.78 |
F-Score8
WACC6.01%
ROIC/WACC1.3
Cap/Depr(3y)20.33%
Cap/Depr(5y)20.75%
Cap/Sales(3y)5.16%
Cap/Sales(5y)5.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.46%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%113.95%
EPS Next Y48.94%
EPS Next 2Y33.19%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.99%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%6.85%
Revenue Next Year5.75%
Revenue Next 2Y5.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y22.57%
EBIT growth 3YN/A
EBIT growth 5Y7.76%
EBIT Next Year186.15%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y4.71%
FCF growth 3Y34.29%
FCF growth 5Y9.06%
OCF growth 1Y11.09%
OCF growth 3Y28.52%
OCF growth 5Y7.74%