SELVAAG BOLIG ASA (SBO.OL) Stock Fundamental Analysis
OSL:SBO - Euronext Oslo - NO0010612450 - Common Stock - Currency: NOK
SBO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 69 industry peers in the Real Estate Management & Development industry. While SBO is still in line with the averages on profitability rating, there are concerns on its financial health. SBO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SBO had positive earnings in the past year.
SBO had a positive operating cash flow in the past year.
SBO had positive earnings in each of the past 5 years.
Each year in the past 5 years SBO had a positive operating cash flow.
1.2 Ratios
SBO has a Return On Assets of 3.43%. This is amongst the best in the industry. SBO outperforms 85.33% of its industry peers.
SBO has a better Return On Equity (7.42%) than 86.67% of its industry peers.
SBO's Return On Invested Capital of 2.27% is fine compared to the rest of the industry. SBO outperforms 64.00% 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 4.12%.
| 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
SBO has a better Profit Margin (8.98%) than 76.00% of its industry peers.
In the last couple of years the Profit Margin of SBO has declined.
SBO has a Operating Margin of 6.39%. This is comparable to the rest of the industry: SBO outperforms 60.00% of its industry peers.
In the last couple of years the Operating Margin of SBO has declined.
SBO has a Gross Margin (19.82%) which is in line with its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SBO is destroying value.
SBO has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, SBO has more shares outstanding
SBO has a worse debt/assets ratio than last year.
2.2 Solvency
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.
SBO has a better Debt to FCF ratio (19.90) than 74.67% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that SBO is somewhat dependend on debt financing.
The Debt to Equity ratio of SBO (0.62) is better than 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.9 | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC6.97%
2.3 Liquidity
SBO has a Current Ratio of 3.11. This indicates that SBO is financially healthy and has no problem in meeting its short term obligations.
SBO has a Current ratio of 3.11. This is amongst the best in the industry. SBO outperforms 86.67% of its industry peers.
A Quick Ratio of 0.39 indicates that SBO may have some problems paying its short term obligations.
The Quick ratio of SBO (0.39) is worse than 61.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.11 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
SBO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.47%.
The earnings per share for SBO have been decreasing by -23.13% on average. This is quite bad
The Revenue for SBO has decreased by -39.44% in the past year. This is quite bad
The Revenue for SBO have been decreasing by -10.17% on average. This is quite bad
EPS 1Y (TTM)-27.47%
EPS 3Y-29.56%
EPS 5Y-23.13%
EPS Q2Q%-56.78%
Revenue 1Y (TTM)-39.44%
Revenue growth 3Y-16.64%
Revenue growth 5Y-10.17%
Sales Q2Q%-59.49%
3.2 Future
SBO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.40% yearly.
SBO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.39% yearly.
EPS Next Y-36.71%
EPS Next 2Y17.28%
EPS Next 3Y10.4%
EPS Next 5YN/A
Revenue Next Year-2.66%
Revenue Next 2Y29.68%
Revenue Next 3Y14.39%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.84 indicates a rather expensive valuation of SBO.
Based on the Price/Earnings ratio, SBO is valued a bit cheaper than 72.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of SBO to the average of the S&P500 Index (29.35), we can say SBO is valued slightly cheaper.
A Price/Forward Earnings ratio of 27.75 indicates a quite expensive valuation of SBO.
64.00% of the companies in the same industry are more expensive than SBO, based on the Price/Forward Earnings ratio.
SBO's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.84 | ||
| Fwd PE | 27.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SBO is valued a bit cheaper than the industry average as 69.33% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SBO indicates a somewhat cheap valuation: SBO is cheaper than 64.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.39 | ||
| EV/EBITDA | 30.18 |
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 2Y17.28%
EPS Next 3Y10.4%
5. Dividend
5.1 Amount
SBO has a Yearly Dividend Yield of 3.57%.
Compared to an average industry Dividend Yield of 7.29, SBO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, SBO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.57% |
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 2Y17.28%
EPS Next 3Y10.4%
OSL:SBO (3/7/2025, 7:00:00 PM)
35.6
+0.6 (+1.71%)
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 Cap3.34B
Analysts44.44
Price Target34.34 (-3.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.57% |
Yearly Dividend1
Dividend Growth(5Y)-26.04%
DP52.93%
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)-15.59%
Min Revenue beat(2)-16.86%
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)10.38%
PT rev (3m)10.38%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-15.61%
EPS NY rev (3m)-13.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.27%
Revenue NY rev (3m)-10.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.84 | ||
| Fwd PE | 27.75 | ||
| P/S | 1.69 | ||
| P/FCF | 40.39 | ||
| P/OCF | 38.34 | ||
| P/B | 1.4 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 30.18 |
EPS(TTM)1.89
EY5.31%
EPS(NY)1.28
Fwd EY3.6%
FCF(TTM)0.88
FCFY2.48%
OCF(TTM)0.93
OCFY2.61%
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-40.35%
ROICexcg growth 5Y-33.63%
ROICexc growth 3Y-40.16%
ROICexc growth 5Y-33.36%
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 | 3.11 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | N/A |
F-Score5
WACC6.97%
ROIC/WACC0.33
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)-27.47%
EPS 3Y-29.56%
EPS 5Y-23.13%
EPS Q2Q%-56.78%
EPS Next Y-36.71%
EPS Next 2Y17.28%
EPS Next 3Y10.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-39.44%
Revenue growth 3Y-16.64%
Revenue growth 5Y-10.17%
Sales Q2Q%-59.49%
Revenue Next Year-2.66%
Revenue Next 2Y29.68%
Revenue Next 3Y14.39%
Revenue Next 5YN/A
EBIT growth 1Y-59.93%
EBIT growth 3Y-38.4%
EBIT growth 5Y-30.96%
EBIT Next Year-18.48%
EBIT Next 3YN/A
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%