SPAREBANKEN OST (SPOG.OL) Stock Fundamental Analysis
OSL:SPOG - Euronext Oslo - NO0006222009 - Common Stock - Currency: NOK
Overall SPOG gets a fundamental rating of 3 out of 10. We evaluated SPOG against 95 industry peers in the Banks industry. SPOG may be in some trouble as it scores bad on both profitability and health. SPOG has a decent growth rate and is not valued too expensively. Finally SPOG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year SPOG was profitable.
SPOG had a positive operating cash flow in the past year.
In the past 5 years SPOG has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: SPOG reported negative operating cash flow in multiple years.
1.2 Ratios
SPOG's Return On Assets of 0.39% is on the low side compared to the rest of the industry. SPOG is outperformed by 77.89% of its industry peers.
The Return On Equity of SPOG (3.61%) is worse than 73.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 3.61% | ||
| ROIC | N/A |
ROA(3y)0.25%
ROA(5y)0.25%
ROE(3y)2.29%
ROE(5y)2.4%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SPOG's Profit Margin of 13.10% is on the low side compared to the rest of the industry. SPOG is outperformed by 78.95% of its industry peers.
In the last couple of years the Profit Margin of SPOG has remained more or less at the same level.
SPOG does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 13.1% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.78%
PM growth 5Y-0.37%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SPOG does not have a ROIC to compare to the WACC, probably because it is not profitable.
SPOG has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, SPOG has less shares outstanding
The debt/assets ratio for SPOG has been reduced compared to a year ago.
2.2 Solvency
SPOG has a debt to FCF ratio of 44.85. This is a negative value and a sign of low solvency as SPOG would need 44.85 years to pay back of all of its debts.
The Debt to FCF ratio of SPOG (44.85) is better than 76.84% of its industry peers.
SPOG has a Debt/Equity ratio of 4.75. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 4.75, SPOG is not doing good in the industry: 86.32% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.75 | ||
| Debt/FCF | 44.85 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC4.62%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SPOG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.93%, which is quite good.
The Earnings Per Share has been growing slightly by 6.86% on average over the past years.
Looking at the last year, SPOG shows a very strong growth in Revenue. The Revenue has grown by 43.40%.
The Revenue has been growing slightly by 7.28% on average over the past years.
EPS 1Y (TTM)19.93%
EPS 3Y9.71%
EPS 5Y6.86%
EPS Q2Q%0%
Revenue 1Y (TTM)43.4%
Revenue growth 3Y10.5%
Revenue growth 5Y7.28%
Sales Q2Q%0.96%
3.2 Future
The Earnings Per Share is expected to grow by 205.04% on average over the next years. This is a very strong growth
Based on estimates for the next years, SPOG will show a small growth in Revenue. The Revenue will grow by 1.34% on average per year.
EPS Next Y7.55%
EPS Next 2Y-0.43%
EPS Next 3Y3.21%
EPS Next 5Y205.04%
Revenue Next Year-0.09%
Revenue Next 2Y-0.43%
Revenue Next 3Y1.34%
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 accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.71 indicates a reasonable valuation of SPOG.
SPOG's Price/Earnings ratio is a bit more expensive when compared to the industry. SPOG is more expensive than 74.74% of the companies in the same industry.
SPOG is valuated cheaply when we compare the Price/Earnings ratio to 28.79, which is the current average of the S&P500 Index.
SPOG is valuated reasonably with a Price/Forward Earnings ratio of 9.96.
62.11% of the companies in the same industry are cheaper than SPOG, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, SPOG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.71 | ||
| Fwd PE | 9.96 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SPOG is valued cheaper than 90.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.84 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.42
PEG (5Y)1.56
EPS Next 2Y-0.43%
EPS Next 3Y3.21%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.68%, SPOG is a good candidate for dividend investing.
SPOG's Dividend Yield is rather good when compared to the industry average which is at 5.47. SPOG pays more dividend than 96.84% of the companies in the same industry.
SPOG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.68% |
5.2 History
On average, the dividend of SPOG grows each year by 48.89%, which is quite nice.
Dividend Growth(5Y)48.89%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
380.30% of the earnings are spent on dividend by SPOG. This is not a sustainable payout ratio.
The dividend of SPOG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP380.3%
EPS Next 2Y-0.43%
EPS Next 3Y3.21%
OSL:SPOG (4/25/2025, 7:00:00 PM)
72.84
-0.87 (-1.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners18.82%
Inst Owner ChangeN/A
Ins Owners5.45%
Ins Owner ChangeN/A
Market Cap1.51B
Analysts77.78
Price Target85.68 (17.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.68% |
Yearly Dividend33.24
Dividend Growth(5Y)48.89%
DP380.3%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.6%
Min EPS beat(2)-12.61%
Max EPS beat(2)-6.59%
EPS beat(4)2
Avg EPS beat(4)1.02%
Min EPS beat(4)-12.61%
Max EPS beat(4)21.53%
EPS beat(8)4
Avg EPS beat(8)-2.41%
EPS beat(12)5
Avg EPS beat(12)-6.15%
EPS beat(16)7
Avg EPS beat(16)0.2%
Revenue beat(2)0
Avg Revenue beat(2)-4.5%
Min Revenue beat(2)-8.03%
Max Revenue beat(2)-0.98%
Revenue beat(4)1
Avg Revenue beat(4)0.83%
Min Revenue beat(4)-8.03%
Max Revenue beat(4)14.79%
Revenue beat(8)1
Avg Revenue beat(8)-3.85%
Revenue beat(12)3
Avg Revenue beat(12)-3.12%
Revenue beat(16)6
Avg Revenue beat(16)0.15%
PT rev (1m)1.2%
PT rev (3m)24.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)8.86%
EPS NY rev (3m)7.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.71 | ||
| Fwd PE | 9.96 | ||
| P/S | 1.09 | ||
| P/FCF | 2.84 | ||
| P/OCF | 2.74 | ||
| P/B | 0.3 | ||
| P/tB | 0.3 | ||
| EV/EBITDA | N/A |
EPS(TTM)6.8
EY9.34%
EPS(NY)7.31
Fwd EY10.04%
FCF(TTM)25.67
FCFY35.24%
OCF(TTM)26.6
OCFY36.52%
SpS66.71
BVpS242.26
TBVpS240.6
PEG (NY)1.42
PEG (5Y)1.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 3.61% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 13.1% | ||
| GM | N/A | ||
| FCFM | 38.48% |
ROA(3y)0.25%
ROA(5y)0.25%
ROE(3y)2.29%
ROE(5y)2.4%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.78%
PM growth 5Y-0.37%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.75 | ||
| Debt/FCF | 44.85 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 71.06% | ||
| Cap/Sales | 1.4% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 293.69% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC4.62%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.58%
Cap/Sales(5y)2.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.93%
EPS 3Y9.71%
EPS 5Y6.86%
EPS Q2Q%0%
EPS Next Y7.55%
EPS Next 2Y-0.43%
EPS Next 3Y3.21%
EPS Next 5Y205.04%
Revenue 1Y (TTM)43.4%
Revenue growth 3Y10.5%
Revenue growth 5Y7.28%
Sales Q2Q%0.96%
Revenue Next Year-0.09%
Revenue Next 2Y-0.43%
Revenue Next 3Y1.34%
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 1Y177.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y182.08%
OCF growth 3YN/A
OCF growth 5YN/A