SPAREBANK 1 NORDMOERE (SNOR.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:SNOR - NO0010691660 - Common Stock
174 NOK
+3 (+1.75%)
We assign a fundamental rating of 4 out of 10 to SNOR. SNOR was compared to 106 industry peers in the Banks industry. SNOR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SNOR may be a bit undervalued, certainly considering the very reasonable score on growth Finally SNOR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SNOR had positive earnings in the past year.
In the past year SNOR had a positive cash flow from operations.
SNOR had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: SNOR reported negative operating cash flow in multiple years.
1.2 Ratios
SNOR has a Return On Assets of 0.63%. This is comparable to the rest of the industry: SNOR outperforms 42.48% of its industry peers.
Looking at the Return On Equity, with a value of 4.42%, SNOR is doing worse than 76.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.63% | ||
| ROE | 4.42% | ||
| ROIC | N/A |
ROA(3y)0.49%
ROA(5y)0.36%
ROE(3y)3.51%
ROE(5y)2.63%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of SNOR (16.08%) is worse than 74.34% of its industry peers.
SNOR's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for SNOR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 16.08% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y20.95%
PM growth 5Y18.03%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SNOR does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SNOR remains at a similar level compared to 1 year ago.
Compared to 5 years ago, SNOR has more shares outstanding
There is no outstanding debt for SNOR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
SNOR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.57%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.16% over the past year.
Measured over the past 5 years, SNOR shows a small growth in Earnings Per Share. The EPS has been growing by 2.04% on average per year.
The Revenue has grown by 22.74% in the past year. This is a very strong growth!
Measured over the past years, SNOR shows a quite strong growth in Revenue. The Revenue has been growing by 15.06% on average per year.
EPS 1Y (TTM)12.16%
EPS 3Y32.46%
EPS 5Y2.04%
EPS Q2Q%-25.28%
Revenue 1Y (TTM)22.74%
Revenue growth 3Y19.11%
Revenue growth 5Y15.06%
Sales Q2Q%19.15%
3.2 Future
The Earnings Per Share is expected to grow by 1.07% on average over the next years.
The Revenue is expected to grow by 3.15% on average over the next years.
EPS Next Y16.56%
EPS Next 2Y2.66%
EPS Next 3Y1.07%
EPS Next 5YN/A
Revenue Next Year5.96%
Revenue Next 2Y3.5%
Revenue Next 3Y3.15%
Revenue Next 5YN/A
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 decreasing.
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
Based on the Price/Earnings ratio of 9.02, the valuation of SNOR can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of SNOR indicates a rather cheap valuation: SNOR is cheaper than 81.42% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.56. SNOR is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.86, the valuation of SNOR can be described as very reasonable.
SNOR's Price/Forward Earnings ratio is rather cheap when compared to the industry. SNOR is cheaper than 84.96% of the companies in the same industry.
SNOR is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.02 | ||
| Fwd PE | 8.86 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SNOR is valued cheaply inside the industry as 85.84% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.02 | ||
| EV/EBITDA | N/A |
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.
PEG (NY)0.55
PEG (5Y)4.42
EPS Next 2Y2.66%
EPS Next 3Y1.07%
5. Dividend
5.1 Amount
SNOR has a Yearly Dividend Yield of 4.97%, which is a nice return.
SNOR's Dividend Yield is a higher than the industry average which is at 4.33.
Compared to an average S&P500 Dividend Yield of 1.87, SNOR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
5.2 History
The dividend of SNOR has a limited annual growth rate of 0.59%.
Dividend Growth(5Y)0.59%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SNOR pays out 40.26% of its income as dividend. This is a bit on the high side, but may be sustainable.
SNOR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP40.26%
EPS Next 2Y2.66%
EPS Next 3Y1.07%
OSL:SNOR (12/12/2025, 7:00:00 PM)
174
+3 (+1.75%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners7.56%
Inst Owner ChangeN/A
Ins Owners7.71%
Ins Owner ChangeN/A
Market Cap1.58B
Revenue(TTM)1.11B
Net Income(TTM)191.25M
Analysts42.22
Price Target179.52 (3.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
Yearly Dividend6.95
Dividend Growth(5Y)0.59%
DP40.26%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.18%
Min EPS beat(2)-26.31%
Max EPS beat(2)44.66%
EPS beat(4)3
Avg EPS beat(4)11.55%
Min EPS beat(4)-26.31%
Max EPS beat(4)44.66%
EPS beat(8)4
Avg EPS beat(8)-0.17%
EPS beat(12)5
Avg EPS beat(12)-0.99%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)3.44%
Min Revenue beat(2)-1.31%
Max Revenue beat(2)8.18%
Revenue beat(4)3
Avg Revenue beat(4)7.74%
Min Revenue beat(4)-1.31%
Max Revenue beat(4)20.29%
Revenue beat(8)6
Avg Revenue beat(8)4.66%
Revenue beat(12)9
Avg Revenue beat(12)5.63%
Revenue beat(16)13
Avg Revenue beat(16)9.76%
PT rev (1m)0%
PT rev (3m)6.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.48%
EPS NY rev (1m)0%
EPS NY rev (3m)16.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.02 | ||
| Fwd PE | 8.86 | ||
| P/S | 1.33 | ||
| P/FCF | 5.02 | ||
| P/OCF | 4.97 | ||
| P/B | 0.36 | ||
| P/tB | 0.37 | ||
| EV/EBITDA | N/A |
EPS(TTM)19.28
EY11.08%
EPS(NY)19.65
Fwd EY11.29%
FCF(TTM)34.66
FCFY19.92%
OCF(TTM)34.99
OCFY20.11%
SpS131.24
BVpS477.7
TBVpS470.64
PEG (NY)0.55
PEG (5Y)4.42
Graham Number455.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.63% | ||
| ROE | 4.42% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 16.08% | ||
| GM | N/A | ||
| FCFM | 26.41% |
ROA(3y)0.49%
ROA(5y)0.36%
ROE(3y)3.51%
ROE(5y)2.63%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y20.95%
PM growth 5Y18.03%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 164.18% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC8.57%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)2.9%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.16%
EPS 3Y32.46%
EPS 5Y2.04%
EPS Q2Q%-25.28%
EPS Next Y16.56%
EPS Next 2Y2.66%
EPS Next 3Y1.07%
EPS Next 5YN/A
Revenue 1Y (TTM)22.74%
Revenue growth 3Y19.11%
Revenue growth 5Y15.06%
Sales Q2Q%19.15%
Revenue Next Year5.96%
Revenue Next 2Y3.5%
Revenue Next 3Y3.15%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-61.67%
OCF growth 3YN/A
OCF growth 5YN/A
SPAREBANK 1 NORDMOERE / SNOR.OL FAQ
What is the fundamental rating for SNOR stock?
ChartMill assigns a fundamental rating of 4 / 10 to SNOR.OL.
What is the valuation status for SNOR stock?
ChartMill assigns a valuation rating of 7 / 10 to SPAREBANK 1 NORDMOERE (SNOR.OL). This can be considered as Undervalued.
What is the profitability of SNOR stock?
SPAREBANK 1 NORDMOERE (SNOR.OL) has a profitability rating of 2 / 10.
How financially healthy is SPAREBANK 1 NORDMOERE?
The financial health rating of SPAREBANK 1 NORDMOERE (SNOR.OL) is 4 / 10.
Is the dividend of SPAREBANK 1 NORDMOERE sustainable?
The dividend rating of SPAREBANK 1 NORDMOERE (SNOR.OL) is 7 / 10 and the dividend payout ratio is 40.26%.