SELVAAG BOLIG ASA (SBO.OL) Stock Fundamental Analysis
Europe - OSL:SBO - NO0010612450 - Common Stock
36.6 NOK
+0.45 (+1.24%)
We assign a fundamental rating of 3 out of 10 to SBO. SBO was compared to 67 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 expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
SBO had positive earnings in the past year.
SBO had a negative operating cash flow in the past year.
SBO had positive earnings in each of the past 5 years.
SBO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.65%, SBO is in line with its industry, outperforming 59.70% of the companies in the same industry.
SBO has a better Return On Equity (4.23%) than 62.69% of its industry peers.
SBO has a Return On Invested Capital of 0.85%. This is comparable to the rest of the industry: SBO outperforms 43.28% 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 3.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.65% | ||
| ROE | 4.23% | ||
| ROIC | 0.85% |
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's Profit Margin of 6.62% is in line compared to the rest of the industry. SBO outperforms 56.72% of its industry peers.
In the last couple of years the Profit Margin of SBO has declined.
SBO has a Operating Margin (3.41%) which is in line with its industry peers.
SBO's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 20.86%, SBO is doing worse than 62.69% of the companies in the same industry.
SBO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.41% | ||
| PM (TTM) | 6.62% | ||
| GM | 20.86% |
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
SBO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SBO has about the same amount of shares outstanding.
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
Based on the Altman-Z score of 1.38, we must say that SBO is in the distress zone and has some risk of bankruptcy.
SBO's Altman-Z score of 1.38 is fine compared to the rest of the industry. SBO outperforms 71.64% of its industry peers.
SBO has a Debt/Equity ratio of 0.79. This is a neutral value indicating SBO is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.79, SBO is in line with its industry, outperforming 53.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.38 |
ROIC/WACC0.12
WACC7%
2.3 Liquidity
SBO has a Current Ratio of 2.39. This indicates that SBO is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of SBO (2.39) is better than 77.61% of its industry peers.
A Quick Ratio of 0.21 indicates that SBO may have some problems paying its short term obligations.
SBO's Quick ratio of 0.21 is on the low side compared to the rest of the industry. SBO is outperformed by 79.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
SBO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.82%.
Measured over the past years, SBO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.66% on average per year.
The Revenue has grown by 12.37% in the past year. This is quite good.
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%-97.65%
Revenue 1Y (TTM)12.37%
Revenue growth 3Y6.45%
Revenue growth 5Y-0.53%
Sales Q2Q%-59.22%
3.2 Future
The Earnings Per Share is expected to grow by 7.46% on average over the next years.
SBO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.28% yearly.
EPS Next Y-22.64%
EPS Next 2Y-28.13%
EPS Next 3Y4.18%
EPS Next 5Y7.46%
Revenue Next Year-38.78%
Revenue Next 2Y-20.72%
Revenue Next 3Y2.19%
Revenue Next 5Y5.28%
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
Based on the Price/Earnings ratio of 146.40, the valuation of SBO can be described as expensive.
SBO's Price/Earnings is on the same level as the industry average.
SBO's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.30.
The Price/Forward Earnings ratio is 27.04, which means the current valuation is very expensive for SBO.
The rest of the industry has a similar Price/Forward Earnings ratio as SBO.
When comparing the Price/Forward Earnings ratio of SBO to the average of the S&P500 Index (22.73), we can say SBO is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 146.4 | ||
| Fwd PE | 27.04 |
4.2 Price Multiples
SBO's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SBO is more expensive than 61.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 81.97 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-28.13%
EPS Next 3Y4.18%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.51%, SBO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.97, SBO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, SBO pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
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
93.65% of the earnings are spent on dividend by SBO. This is not a sustainable payout ratio.
DP93.65%
EPS Next 2Y-28.13%
EPS Next 3Y4.18%
OSL:SBO (9/12/2025, 7:00:00 PM)
36.6
+0.45 (+1.24%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners19.43%
Inst Owner ChangeN/A
Ins Owners7.59%
Ins Owner ChangeN/A
Market Cap3.43B
Analysts48.89
Price Target39.44 (7.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
Yearly Dividend1
Dividend Growth(5Y)-26.04%
DP93.65%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-74.29%
Min EPS beat(2)-117.82%
Max EPS beat(2)-30.76%
EPS beat(4)1
Avg EPS beat(4)-39.76%
Min EPS beat(4)-147.52%
Max EPS beat(4)137.07%
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)-12.44%
Min Revenue beat(2)-20.27%
Max Revenue beat(2)-4.6%
Revenue beat(4)1
Avg Revenue beat(4)-0.35%
Min Revenue beat(4)-20.27%
Max Revenue beat(4)37.8%
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)6.42%
PT rev (3m)14.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)105%
EPS NY rev (1m)6.63%
EPS NY rev (3m)6.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)39.92%
Revenue NY rev (1m)2.76%
Revenue NY rev (3m)6.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 146.4 | ||
| Fwd PE | 27.04 | ||
| P/S | 2.27 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.45 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 81.97 |
EPS(TTM)0.25
EY0.68%
EPS(NY)1.35
Fwd EY3.7%
FCF(TTM)-11.73
FCFYN/A
OCF(TTM)-11.72
OCFYN/A
SpS16.11
BVpS25.23
TBVpS21.14
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.65% | ||
| ROE | 4.23% | ||
| ROCE | 1.25% | ||
| ROIC | 0.85% | ||
| ROICexc | 0.91% | ||
| ROICexgc | 0.99% | ||
| OM | 3.41% | ||
| PM (TTM) | 6.62% | ||
| GM | 20.86% | ||
| FCFM | N/A |
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-Score3
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 30.96 | ||
| Cap/Depr | 14.12% | ||
| Cap/Sales | 0.09% | ||
| Interest Coverage | 1.11 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.39 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 1.38 |
F-Score3
WACC7%
ROIC/WACC0.12
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%-97.65%
EPS Next Y-22.64%
EPS Next 2Y-28.13%
EPS Next 3Y4.18%
EPS Next 5Y7.46%
Revenue 1Y (TTM)12.37%
Revenue growth 3Y6.45%
Revenue growth 5Y-0.53%
Sales Q2Q%-59.22%
Revenue Next Year-38.78%
Revenue Next 2Y-20.72%
Revenue Next 3Y2.19%
Revenue Next 5Y5.28%
EBIT growth 1Y-80.83%
EBIT growth 3Y-38.4%
EBIT growth 5Y-30.96%
EBIT Next Year-33.22%
EBIT Next 3Y13.39%
EBIT Next 5Y20.97%
FCF growth 1Y-369.44%
FCF growth 3Y-40.46%
FCF growth 5Y-39.09%
OCF growth 1Y-367.07%
OCF growth 3Y-39.47%
OCF growth 5Y-38.45%