SATS ASA (SATS.OL) Stock Fundamental Analysis

OSL:SATS • NO0010863285

43.85 NOK
+0.55 (+1.27%)
Last: Feb 27, 2026, 04:19 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

SATS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 57 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. SATS is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

6

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.
SATS.OL Yearly Net Income VS EBIT VS OCF VS FCFSATS.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B

1.2 Ratios

  • SATS's Return On Assets of 4.93% is in line compared to the rest of the industry. SATS outperforms 59.65% of its industry peers.
  • With an excellent Return On Equity value of 32.67%, SATS belongs to the best of the industry, outperforming 87.72% of the companies in the same industry.
  • The Return On Invested Capital of SATS (9.45%) is better than 64.91% of its industry peers.
  • SATS had an Average Return On Invested Capital over the past 3 years of 8.13%. This is below the industry average of 11.95%.
  • The 3 year average ROIC (8.13%) for SATS is below the current ROIC(9.45%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.93%
ROE 32.67%
ROIC 9.45%
ROA(3y)3.64%
ROA(5y)0.53%
ROE(3y)26.27%
ROE(5y)-8.68%
ROIC(3y)8.13%
ROIC(5y)N/A
SATS.OL Yearly ROA, ROE, ROICSATS.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40 -60 -80

1.3 Margins

  • SATS has a Profit Margin of 8.62%. This is in the better half of the industry: SATS outperforms 61.40% of its industry peers.
  • Looking at the Operating Margin, with a value of 16.19%, SATS is in the better half of the industry, outperforming 71.93% 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 97.35% is amongst the best of the industry. SATS outperforms 96.49% of its industry peers.
  • SATS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 16.19%
PM (TTM) 8.62%
GM 97.35%
OM growth 3Y220.91%
OM growth 5Y45.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.33%
GM growth 5Y0.17%
SATS.OL Yearly Profit, Operating, Gross MarginsSATS.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

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.
  • Compared to 1 year ago, SATS has less shares outstanding
  • The number of shares outstanding for SATS has been increased compared to 5 years ago.
  • SATS has a better debt/assets ratio than last year.
SATS.OL Yearly Shares OutstandingSATS.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
SATS.OL Yearly Total Debt VS Total AssetsSATS.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • SATS has an Altman-Z score of 1.08. This is a bad value and indicates that SATS is not financially healthy and even has some risk of bankruptcy.
  • SATS has a Altman-Z score (1.08) which is comparable to the rest of the industry.
  • The Debt to FCF ratio of SATS is 3.76, which is a good value as it means it would take SATS, 3.76 years of fcf income to pay off all of its debts.
  • SATS has a Debt to FCF ratio of 3.76. This is in the better half of the industry: SATS outperforms 68.42% of its industry peers.
  • A Debt/Equity ratio of 3.90 is on the high side and indicates that SATS has dependencies on debt financing.
  • SATS has a Debt to Equity ratio of 3.90. This is comparable to the rest of the industry: SATS outperforms 43.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.9
Debt/FCF 3.76
Altman-Z 1.08
ROIC/WACC1.49
WACC6.35%
SATS.OL Yearly LT Debt VS Equity VS FCFSATS.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.3 Liquidity

  • SATS has a Current Ratio of 0.44. This is a bad value and indicates that SATS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of SATS (0.44) is worse than 70.18% of its industry peers.
  • SATS has a Quick Ratio of 0.44. 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 (0.41) than 71.93% of its industry peers.
Industry RankSector Rank
Current Ratio 0.44
Quick Ratio 0.41
SATS.OL Yearly Current Assets VS Current LiabilitesSATS.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 47.17% over the past year.
  • The Revenue has grown by 8.79% in the past year. This is quite good.
  • The Revenue has been growing by 9.29% on average over the past years. This is quite good.
EPS 1Y (TTM)47.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%62.16%
Revenue 1Y (TTM)8.79%
Revenue growth 3Y10.51%
Revenue growth 5Y9.29%
Sales Q2Q%8.92%

3.2 Future

  • SATS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.34% yearly.
  • Based on estimates for the next years, SATS will show a small growth in Revenue. The Revenue will grow by 5.79% on average per year.
EPS Next Y24.45%
EPS Next 2Y20.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.33%
Revenue Next 2Y5.93%
Revenue Next 3Y5.79%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SATS.OL Yearly Revenue VS EstimatesSATS.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
SATS.OL Yearly EPS VS EstimatesSATS.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 18.74 indicates a rather expensive valuation of SATS.
  • 75.44% of the companies in the same industry are more expensive than SATS, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.11. SATS is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 15.06, which indicates a correct valuation of SATS.
  • SATS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SATS is cheaper than 75.44% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.13. SATS is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 18.74
Fwd PE 15.06
SATS.OL Price Earnings VS Forward Price EarningsSATS.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SATS indicates a rather cheap valuation: SATS is cheaper than 84.21% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, SATS is valued cheaper than 87.72% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.04
EV/EBITDA 7.1
SATS.OL Per share dataSATS.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The 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 20.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y20.34%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • SATS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

SATS ASA

OSL:SATS (2/27/2026, 4:19:56 PM)

43.85

+0.55 (+1.27%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)02-10
Earnings (Next)04-30
Inst Owners56.63%
Inst Owner ChangeN/A
Ins Owners4.79%
Ins Owner ChangeN/A
Market Cap8.93B
Revenue(TTM)5.51B
Net Income(TTM)475.00M
Analysts85.45
Price Target44.88 (2.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0.63
Dividend Growth(5Y)N/A
DP26.74%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.39%
Min EPS beat(2)-15.21%
Max EPS beat(2)8.43%
EPS beat(4)2
Avg EPS beat(4)-1.65%
Min EPS beat(4)-15.21%
Max EPS beat(4)8.43%
EPS beat(8)6
Avg EPS beat(8)5.09%
EPS beat(12)10
Avg EPS beat(12)103.81%
EPS beat(16)13
Avg EPS beat(16)85.14%
Revenue beat(2)0
Avg Revenue beat(2)-1.77%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)-0.9%
Revenue beat(4)1
Avg Revenue beat(4)-0.88%
Min Revenue beat(4)-2.64%
Max Revenue beat(4)1.01%
Revenue beat(8)1
Avg Revenue beat(8)-1.27%
Revenue beat(12)3
Avg Revenue beat(12)-0.87%
Revenue beat(16)4
Avg Revenue beat(16)-1.36%
PT rev (1m)0%
PT rev (3m)5.39%
EPS NQ rev (1m)-0.79%
EPS NQ rev (3m)-0.79%
EPS NY rev (1m)0%
EPS NY rev (3m)1.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)0.49%
Valuation
Industry RankSector Rank
PE 18.74
Fwd PE 15.06
P/S 1.62
P/FCF 5.04
P/OCF 4.29
P/B 6.14
P/tB N/A
EV/EBITDA 7.1
EPS(TTM)2.34
EY5.34%
EPS(NY)2.91
Fwd EY6.64%
FCF(TTM)8.7
FCFY19.85%
OCF(TTM)10.22
OCFY23.31%
SpS27.05
BVpS7.14
TBVpS-5.96
PEG (NY)0.77
PEG (5Y)N/A
Graham Number19.39
Profitability
Industry RankSector Rank
ROA 4.93%
ROE 32.67%
ROCE 12.42%
ROIC 9.45%
ROICexc 10.18%
ROICexgc 16.96%
OM 16.19%
PM (TTM) 8.62%
GM 97.35%
FCFM 32.18%
ROA(3y)3.64%
ROA(5y)0.53%
ROE(3y)26.27%
ROE(5y)-8.68%
ROIC(3y)8.13%
ROIC(5y)N/A
ROICexc(3y)8.62%
ROICexc(5y)N/A
ROICexgc(3y)23.79%
ROICexgc(5y)N/A
ROCE(3y)10.68%
ROCE(5y)N/A
ROICexgc growth 3Y244.1%
ROICexgc growth 5Y59.35%
ROICexc growth 3Y246.93%
ROICexc growth 5Y58.61%
OM growth 3Y220.91%
OM growth 5Y45.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.33%
GM growth 5Y0.17%
F-Score9
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 3.9
Debt/FCF 3.76
Debt/EBITDA 2.69
Cap/Depr 25.39%
Cap/Sales 5.61%
Interest Coverage 3.04
Cash Conversion 98.72%
Profit Quality 373.26%
Current Ratio 0.44
Quick Ratio 0.41
Altman-Z 1.08
F-Score9
WACC6.35%
ROIC/WACC1.49
Cap/Depr(3y)21.17%
Cap/Depr(5y)21.73%
Cap/Sales(3y)4.93%
Cap/Sales(5y)5.64%
Profit Quality(3y)531.79%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)47.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%62.16%
EPS Next Y24.45%
EPS Next 2Y20.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.79%
Revenue growth 3Y10.51%
Revenue growth 5Y9.29%
Sales Q2Q%8.92%
Revenue Next Year6.33%
Revenue Next 2Y5.93%
Revenue Next 3Y5.79%
Revenue Next 5YN/A
EBIT growth 1Y19.89%
EBIT growth 3Y254.63%
EBIT growth 5Y58.56%
EBIT Next Year154.04%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y6.42%
FCF growth 3Y29%
FCF growth 5Y14.96%
OCF growth 1Y6.61%
OCF growth 3Y24.38%
OCF growth 5Y13.34%

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.


How sustainable is the dividend of SATS ASA (SATS.OL) stock?

The dividend rating of SATS ASA (SATS.OL) is 0 / 10 and the dividend payout ratio is 26.74%.