SELVAAG BOLIG ASA (SBO.OL) Stock Fundamental Analysis
OSL:SBO - Euronext Oslo - NO0010612450 - Common Stock - Currency: NOK
Overall SBO gets a fundamental rating of 4 out of 10. We evaluated SBO against 66 industry peers in the Real Estate Management & Development industry. SBO has an average financial health and profitability rating. SBO is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SBO was profitable.
SBO had a positive operating cash flow in the past year.
Each year in the past 5 years SBO has been profitable.
SBO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SBO has a Return On Assets of 3.43%. This is amongst the best in the industry. SBO outperforms 83.33% of its industry peers.
SBO has a better Return On Equity (7.42%) than 84.85% of its industry peers.
SBO's Return On Invested Capital of 2.27% is fine compared to the rest of the industry. SBO outperforms 62.12% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SBO is in line with the industry average of 4.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.43% | ||
| ROE | 7.42% | ||
| ROIC | 2.27% |
ROA(3y)4.76%
ROA(5y)9.7%
ROE(3y)10.85%
ROE(5y)23.15%
ROIC(3y)4.82%
ROIC(5y)6.64%
1.3 Margins
Looking at the Profit Margin, with a value of 8.98%, SBO is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
In the last couple of years the Profit Margin of SBO has declined.
Looking at the Operating Margin, with a value of 6.39%, SBO is in line with its industry, outperforming 57.58% of the companies in the same industry.
SBO's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 19.82%, SBO is in line with its industry, outperforming 43.94% of the companies in the same industry.
SBO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.39% | ||
| PM (TTM) | 8.98% | ||
| GM | 19.82% |
OM growth 3Y-26.1%
OM growth 5Y-23.14%
PM growth 3Y-15.43%
PM growth 5Y-14.31%
GM growth 3Y-4.94%
GM growth 5Y-9.32%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SBO is destroying value.
The number of shares outstanding for SBO remains at a similar level compared to 1 year ago.
The number of shares outstanding for SBO has been increased compared to 5 years ago.
Compared to 1 year ago, SBO has a worse debt to assets ratio.
2.2 Solvency
SBO has an Altman-Z score of 1.80. This is a bad value and indicates that SBO is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.80, SBO belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
The Debt to FCF ratio of SBO is 19.90, which is on the high side as it means it would take SBO, 19.90 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 19.90, SBO is doing good in the industry, outperforming 69.70% of the companies in the same industry.
SBO has a Debt/Equity ratio of 0.62. This is a neutral value indicating SBO is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.62, SBO is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.9 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.32
WACC7.04%
2.3 Liquidity
A Current Ratio of 3.10 indicates that SBO has no problem at all paying its short term obligations.
SBO has a Current ratio of 3.10. This is amongst the best in the industry. SBO outperforms 81.82% of its industry peers.
SBO has a Quick Ratio of 3.10. This is a bad value and indicates that SBO is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.39, SBO is doing worse than 65.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.1 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
The earnings per share for SBO have decreased strongly by -27.82% in the last year.
SBO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.66% yearly.
The Revenue for SBO has decreased by -39.44% in the past year. This is quite bad
SBO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.53% yearly.
EPS 1Y (TTM)-27.82%
EPS 3Y-20.07%
EPS 5Y-15.66%
EPS Q2Q%-56.9%
Revenue 1Y (TTM)-39.44%
Revenue growth 3Y6.45%
Revenue growth 5Y-0.53%
Sales Q2Q%-61.15%
3.2 Future
The Earnings Per Share is expected to grow by 1.01% on average over the next years.
The Revenue is expected to decrease by -2.16% on average over the next years.
EPS Next Y-22.64%
EPS Next 2Y-30.4%
EPS Next 3Y2.05%
EPS Next 5Y1.01%
Revenue Next Year-38.78%
Revenue Next 2Y-22.8%
Revenue Next 3Y0.98%
Revenue Next 5Y-2.16%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.30 indicates a correct valuation of SBO.
Compared to the rest of the industry, the Price/Earnings ratio of SBO indicates a somewhat cheap valuation: SBO is cheaper than 75.76% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.79, SBO is valued rather cheaply.
A Price/Forward Earnings ratio of 27.46 indicates a quite expensive valuation of SBO.
SBO's Price/Forward Earnings ratio is in line with the industry average.
SBO's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.3 | ||
| Fwd PE | 27.46 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SBO indicates a somewhat cheap valuation: SBO is cheaper than 60.61% of the companies listed in the same industry.
SBO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.54 | ||
| EV/EBITDA | 30.25 |
4.3 Compensation for Growth
SBO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.4%
EPS Next 3Y2.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.45%, SBO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.21, SBO pays a bit more dividend than its industry peers.
SBO's Dividend Yield is a higher than the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
The dividend of SBO decreases each year by -26.04%.
Dividend Growth(5Y)-26.04%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SBO pays out 52.93% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP52.93%
EPS Next 2Y-30.4%
EPS Next 3Y2.05%
OSL:SBO (4/25/2025, 7:00:00 PM)
34.85
-0.95 (-2.65%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners19.49%
Inst Owner ChangeN/A
Ins Owners7.59%
Ins Owner ChangeN/A
Market Cap3.27B
Analysts44.44
Price Target34.34 (-1.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend1
Dividend Growth(5Y)-26.04%
DP52.93%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-89.14%
Min EPS beat(2)-147.52%
Max EPS beat(2)-30.76%
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)-17.3%
Min Revenue beat(2)-20.27%
Max Revenue beat(2)-14.32%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)10.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.05%
EPS NY rev (3m)-14.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.3 | ||
| Fwd PE | 27.46 | ||
| P/S | 1.66 | ||
| P/FCF | 39.54 | ||
| P/OCF | 37.54 | ||
| P/B | 1.37 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 30.25 |
EPS(TTM)2.62
EY7.52%
EPS(NY)1.27
Fwd EY3.64%
FCF(TTM)0.88
FCFY2.53%
OCF(TTM)0.93
OCFY2.66%
SpS21.02
BVpS25.44
TBVpS21.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.43% | ||
| ROE | 7.42% | ||
| ROCE | 3.18% | ||
| ROIC | 2.27% | ||
| ROICexc | 2.49% | ||
| ROICexgc | 2.74% | ||
| OM | 6.39% | ||
| PM (TTM) | 8.98% | ||
| GM | 19.82% | ||
| FCFM | 4.19% |
ROA(3y)4.76%
ROA(5y)9.7%
ROE(3y)10.85%
ROE(5y)23.15%
ROIC(3y)4.82%
ROIC(5y)6.64%
ROICexc(3y)5.33%
ROICexc(5y)7.66%
ROICexgc(3y)5.91%
ROICexgc(5y)8.54%
ROCE(3y)6.74%
ROCE(5y)9.57%
ROICexcg growth 3Y-40.34%
ROICexcg growth 5Y-33.62%
ROICexc growth 3Y-40.15%
ROICexc growth 5Y-33.35%
OM growth 3Y-26.1%
OM growth 5Y-23.14%
PM growth 3Y-15.43%
PM growth 5Y-14.31%
GM growth 3Y-4.94%
GM growth 5Y-9.32%
F-Score5
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.9 | ||
| Debt/EBITDA | 10.82 | ||
| Cap/Depr | 45.1% | ||
| Cap/Sales | 0.22% | ||
| Interest Coverage | 1.84 | ||
| Cash Conversion | 64.16% | ||
| Profit Quality | 46.71% | ||
| Current Ratio | 3.1 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 1.8 |
F-Score5
WACC7.04%
ROIC/WACC0.32
Cap/Depr(3y)36.29%
Cap/Depr(5y)28.55%
Cap/Sales(3y)0.14%
Cap/Sales(5y)0.11%
Profit Quality(3y)184.13%
Profit Quality(5y)147.17%
High Growth Momentum
Growth
EPS 1Y (TTM)-27.82%
EPS 3Y-20.07%
EPS 5Y-15.66%
EPS Q2Q%-56.9%
EPS Next Y-22.64%
EPS Next 2Y-30.4%
EPS Next 3Y2.05%
EPS Next 5Y1.01%
Revenue 1Y (TTM)-39.44%
Revenue growth 3Y6.45%
Revenue growth 5Y-0.53%
Sales Q2Q%-61.15%
Revenue Next Year-38.78%
Revenue Next 2Y-22.8%
Revenue Next 3Y0.98%
Revenue Next 5Y-2.16%
EBIT growth 1Y-59.93%
EBIT growth 3Y-38.4%
EBIT growth 5Y-30.96%
EBIT Next Year-32.13%
EBIT Next 3Y13.87%
EBIT Next 5YN/A
FCF growth 1Y-93.07%
FCF growth 3Y-40.46%
FCF growth 5Y-39.09%
OCF growth 1Y-92.72%
OCF growth 3Y-39.47%
OCF growth 5Y-38.45%