SATS ASA (SATS.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:SATS • NO0010863285
39.25 NOK
+0.2 (+0.51%)
Last: Feb 6, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to SATS. SATS was compared to 62 industry peers in the Hotels, Restaurants & Leisure industry. SATS has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on SATS.
1. Profitability
1.1 Basic Checks
- SATS had positive earnings in the past year.
- SATS had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: SATS reported negative net income in multiple years.
- Each year in the past 5 years SATS had a positive operating cash flow.
1.2 Ratios
- SATS has a Return On Assets (4.62%) which is in line with its industry peers.
- The Return On Equity of SATS (29.94%) is better than 85.00% of its industry peers.
- The Return On Invested Capital of SATS (8.67%) is comparable to the rest of the industry.
- SATS had an Average Return On Invested Capital over the past 3 years of 4.85%. This is significantly below the industry average of 12.12%.
- The last Return On Invested Capital (8.67%) for SATS is above the 3 year average (4.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 29.94% | ||
| ROIC | 8.67% |
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 7.98%, SATS perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
- In the last couple of years the Profit Margin of SATS has grown nicely.
- With a decent Operating Margin value of 15.67%, SATS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of SATS has grown nicely.
- SATS's Gross Margin of 97.24% is amongst the best of the industry. SATS outperforms 96.67% of its industry peers.
- SATS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.67% | ||
| PM (TTM) | 7.98% | ||
| GM | 97.24% |
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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SATS is still creating some value.
- The number of shares outstanding for SATS remains at a similar level compared to 1 year ago.
- The number of shares outstanding for SATS has been increased compared to 5 years ago.
- The debt/assets ratio for SATS has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.04, we must say that SATS is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.04, SATS is doing worse than 61.67% of the companies in the same industry.
- The Debt to FCF ratio of SATS is 3.89, which is a good value as it means it would take SATS, 3.89 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 3.89, SATS is doing good in the industry, outperforming 68.33% of the companies in the same industry.
- A Debt/Equity ratio of 3.88 is on the high side and indicates that SATS has dependencies on debt financing.
- SATS's Debt to Equity ratio of 3.88 is in line compared to the rest of the industry. SATS outperforms 43.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.88 | ||
| Debt/FCF | 3.89 | ||
| Altman-Z | 1.04 |
ROIC/WACC1.38
WACC6.29%
2.3 Liquidity
- SATS has a Current Ratio of 0.41. 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's Current ratio of 0.41 is on the low side compared to the rest of the industry. SATS is outperformed by 75.00% of its industry peers.
- SATS has a Quick Ratio of 0.41. 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 Quick ratio of 0.38. This is in the lower half of the industry: SATS underperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.38 |
3. Growth
3.1 Past
- SATS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.80%, which is quite impressive.
- The Earnings Per Share has been growing slightly by 0.89% on average over the past years.
- SATS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.23%.
- Measured over the past years, SATS shows a small growth in Revenue. The Revenue has been growing by 4.90% on average per year.
EPS 1Y (TTM)51.8%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%37.14%
Revenue 1Y (TTM)8.23%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%8.29%
3.2 Future
- Based on estimates for the next years, SATS will show a very strong growth in Earnings Per Share. The EPS will grow by 28.69% on average per year.
- The Revenue is expected to grow by 6.55% on average over the next years.
EPS Next Y49.31%
EPS Next 2Y35.33%
EPS Next 3Y28.69%
EPS Next 5YN/A
Revenue Next Year8.56%
Revenue Next 2Y7.22%
Revenue Next 3Y6.55%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 18.60 indicates a rather expensive valuation of SATS.
- Compared to the rest of the industry, the Price/Earnings ratio of SATS indicates a somewhat cheap valuation: SATS is cheaper than 76.67% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of SATS to the average of the S&P500 Index (27.93), we can say SATS is valued slightly cheaper.
- The Price/Forward Earnings ratio is 13.48, which indicates a correct valuation of SATS.
- 78.33% of the companies in the same industry are more expensive than SATS, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of SATS to the average of the S&P500 Index (27.77), we can say SATS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.6 | ||
| Fwd PE | 13.48 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SATS is valued cheaper than 85.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SATS indicates a rather cheap valuation: SATS is cheaper than 88.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.76 | ||
| EV/EBITDA | 6.91 |
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.
- The decent profitability rating of SATS may justify a higher PE ratio.
- SATS's earnings are expected to grow with 28.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)20.89
EPS Next 2Y35.33%
EPS Next 3Y28.69%
5. Dividend
5.1 Amount
- SATS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OSL:SATS (2/6/2026, 7:00:00 PM)
39.25
+0.2 (+0.51%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)10-28 2025-10-28/bmo
Earnings (Next)02-10 2026-02-10
Inst Owners56.63%
Inst Owner ChangeN/A
Ins Owners4.79%
Ins Owner ChangeN/A
Market Cap7.99B
Revenue(TTM)5.39B
Net Income(TTM)430.00M
Analysts85.45
Price Target44.88 (14.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.01%
Min EPS beat(2)-15.21%
Max EPS beat(2)3.2%
EPS beat(4)2
Avg EPS beat(4)0.5%
Min EPS beat(4)-15.21%
Max EPS beat(4)17.01%
EPS beat(8)6
Avg EPS beat(8)26.25%
EPS beat(12)9
Avg EPS beat(12)99.81%
EPS beat(16)12
Avg EPS beat(16)66.96%
Revenue beat(2)0
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)-1%
Revenue beat(4)1
Avg Revenue beat(4)-0.97%
Min Revenue beat(4)-2.64%
Max Revenue beat(4)1.01%
Revenue beat(8)2
Avg Revenue beat(8)-0.95%
Revenue beat(12)3
Avg Revenue beat(12)-0.97%
Revenue beat(16)4
Avg Revenue beat(16)-1.58%
PT rev (1m)0%
PT rev (3m)4.14%
EPS NQ rev (1m)-0.59%
EPS NQ rev (3m)2.75%
EPS NY rev (1m)0%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.6 | ||
| Fwd PE | 13.48 | ||
| P/S | 1.48 | ||
| P/FCF | 4.76 | ||
| P/OCF | 3.89 | ||
| P/B | 5.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.91 |
EPS(TTM)2.11
EY5.38%
EPS(NY)2.91
Fwd EY7.42%
FCF(TTM)8.25
FCFY21.01%
OCF(TTM)10.09
OCFY25.7%
SpS26.47
BVpS7.05
TBVpS-5.98
PEG (NY)0.38
PEG (5Y)20.89
Graham Number18.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 29.94% | ||
| ROCE | 11.82% | ||
| ROIC | 8.67% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 15% | ||
| OM | 15.67% | ||
| PM (TTM) | 7.98% | ||
| GM | 97.24% | ||
| FCFM | 31.16% |
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
ROICexgc growth 3YN/A
ROICexgc 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-Score9
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.88 | ||
| Debt/FCF | 3.89 | ||
| Debt/EBITDA | 2.72 | ||
| Cap/Depr | 31.15% | ||
| Cap/Sales | 6.96% | ||
| Interest Coverage | 2.82 | ||
| Cash Conversion | 100.29% | ||
| Profit Quality | 390.7% | ||
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.38 | ||
| Altman-Z | 1.04 |
F-Score9
WACC6.29%
ROIC/WACC1.38
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)51.8%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%37.14%
EPS Next Y49.31%
EPS Next 2Y35.33%
EPS Next 3Y28.69%
EPS Next 5YN/A
Revenue 1Y (TTM)8.23%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%8.29%
Revenue Next Year8.56%
Revenue Next 2Y7.22%
Revenue Next 3Y6.55%
Revenue Next 5YN/A
EBIT growth 1Y23%
EBIT growth 3YN/A
EBIT growth 5Y7.76%
EBIT Next Year190.51%
EBIT Next 3Y48.86%
EBIT Next 5YN/A
FCF growth 1Y16.26%
FCF growth 3Y34.29%
FCF growth 5Y9.06%
OCF growth 1Y27.88%
OCF growth 3Y28.52%
OCF growth 5Y7.74%
SATS ASA / SATS.OL FAQ
Can you provide the ChartMill fundamental rating for SATS ASA?
ChartMill assigns a fundamental rating of 5 / 10 to SATS.OL.
What is the valuation status of SATS ASA (SATS.OL) stock?
ChartMill assigns a valuation rating of 7 / 10 to SATS ASA (SATS.OL). This can be considered as Undervalued.
How profitable is SATS ASA (SATS.OL) stock?
SATS ASA (SATS.OL) has a profitability rating of 6 / 10.
Can you provide the financial health for SATS stock?
The financial health rating of SATS ASA (SATS.OL) is 3 / 10.