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TROENDELAG SPA (TRSB.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:TRSB - NO0010788268 - Common Stock

112.48 NOK
-3.52 (-3.03%)
Last: 12/19/2025, 7:00:00 PM
Fundamental Rating

2

TRSB gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 114 industry peers in the Banks industry. TRSB may be in some trouble as it scores bad on both profitability and health. TRSB is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year TRSB was profitable.
TRSB.OL Yearly Net Income VS EBIT VS OCF VS FCFTRSB.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 2024 0 -200M -400M -600M -800M

1.2 Ratios

The Return On Assets of TRSB (0.37%) is worse than 83.33% of its industry peers.
TRSB's Return On Equity of 3.18% is on the low side compared to the rest of the industry. TRSB is outperformed by 78.95% of its industry peers.
Industry RankSector Rank
ROA 0.37%
ROE 3.18%
ROIC N/A
ROA(3y)0.32%
ROA(5y)N/A
ROE(3y)2.72%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
TRSB.OL Yearly ROA, ROE, ROICTRSB.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 1 2 3

1.3 Margins

TRSB's Profit Margin of 11.37% is on the low side compared to the rest of the industry. TRSB is outperformed by 84.21% of its industry peers.
The Operating Margin and Gross Margin are not available for TRSB so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 11.37%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
TRSB.OL Yearly Profit, Operating, Gross MarginsTRSB.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024 2 4 6 8 10

0

2. Health

2.1 Basic Checks

TRSB does not have a ROIC to compare to the WACC, probably because it is not profitable.
TRSB has about the same amout of shares outstanding than it did 1 year ago.
Compared to 1 year ago, TRSB has a worse debt to assets ratio.
TRSB.OL Yearly Shares OutstandingTRSB.OL Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 1M 2M 3M 4M
TRSB.OL Yearly Total Debt VS Total AssetsTRSB.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

A Debt/Equity ratio of 1.90 is on the high side and indicates that TRSB has dependencies on debt financing.
TRSB has a Debt to Equity ratio of 1.90. This is comparable to the rest of the industry: TRSB outperforms 51.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.9
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC6.39%
TRSB.OL Yearly LT Debt VS Equity VS FCFTRSB.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 0 500M -500M 1B 1.5B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
TRSB.OL Yearly Current Assets VS Current LiabilitesTRSB.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 5M 10M 15M

3

3. Growth

3.1 Past

TRSB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.22%, which is quite impressive.
TRSB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.23%.
EPS 1Y (TTM)28.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)12.23%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

The Earnings Per Share is expected to grow by 7.33% on average over the next years.
TRSB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.57% yearly.
EPS Next Y31.26%
EPS Next 2Y15.17%
EPS Next 3Y7.33%
EPS Next 5YN/A
Revenue Next Year4.39%
Revenue Next 2Y4.1%
Revenue Next 3Y2.57%
Revenue Next 5YN/A

3.3 Evolution

TRSB.OL Yearly Revenue VS EstimatesTRSB.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 2027 100M 200M 300M
TRSB.OL Yearly EPS VS EstimatesTRSB.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 2 4 6 8

4

4. Valuation

4.1 Price/Earnings Ratio

TRSB is valuated correctly with a Price/Earnings ratio of 12.02.
Based on the Price/Earnings ratio, TRSB is valued a bit more expensive than the industry average as 60.53% of the companies are valued more cheaply.
TRSB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.39.
A Price/Forward Earnings ratio of 11.50 indicates a reasonable valuation of TRSB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TRSB is on the same level as its industry peers.
TRSB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.84.
Industry RankSector Rank
PE 12.02
Fwd PE 11.5
TRSB.OL Price Earnings VS Forward Price EarningsTRSB.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
TRSB.OL Per share dataTRSB.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150 200

4.3 Compensation for Growth

TRSB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y15.17%
EPS Next 3Y7.33%

4

5. Dividend

5.1 Amount

TRSB has a Yearly Dividend Yield of 4.14%, which is a nice return.
TRSB's Dividend Yield is comparable with the industry average which is at 4.12.
TRSB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
Industry RankSector Rank
Dividend Yield 4.14%

5.2 History

Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

DPN/A
EPS Next 2Y15.17%
EPS Next 3Y7.33%
TRSB.OL Yearly Income VS Free CF VS DividendTRSB.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2022 2023 2024 0 -200M -400M -600M -800M

TROENDELAG SPA

OSL:TRSB (12/19/2025, 7:00:00 PM)

112.48

-3.52 (-3.03%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-14 2025-02-14/bmo
Earnings (Next)N/A N/A
Inst Owners3.82%
Inst Owner ChangeN/A
Ins Owners3.23%
Ins Owner ChangeN/A
Market Cap537.65M
Revenue(TTM)317.78M
Net Income(TTM)36.14M
Analysts37.78
Price Target105.06 (-6.6%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.14%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
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)1
Avg Revenue beat(2)3.72%
Min Revenue beat(2)-5.84%
Max Revenue beat(2)13.29%
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 12.02
Fwd PE 11.5
P/S 1.69
P/FCF N/A
P/OCF N/A
P/B 0.47
P/tB 0.48
EV/EBITDA N/A
EPS(TTM)9.36
EY8.32%
EPS(NY)9.78
Fwd EY8.7%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS66.48
BVpS237.41
TBVpS233.08
PEG (NY)0.38
PEG (5Y)N/A
Graham Number223.61
Profitability
Industry RankSector Rank
ROA 0.37%
ROE 3.18%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 11.37%
GM N/A
FCFM N/A
ROA(3y)0.32%
ROA(5y)N/A
ROE(3y)2.72%
ROE(5y)N/A
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 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 1.9
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-ScoreN/A
WACC6.39%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)8.94%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y31.26%
EPS Next 2Y15.17%
EPS Next 3Y7.33%
EPS Next 5YN/A
Revenue 1Y (TTM)12.23%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year4.39%
Revenue Next 2Y4.1%
Revenue Next 3Y2.57%
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 1Y75.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y78.19%
OCF growth 3YN/A
OCF growth 5YN/A

TROENDELAG SPA / TRSB.OL FAQ

Can you provide the ChartMill fundamental rating for TROENDELAG SPA?

ChartMill assigns a fundamental rating of 2 / 10 to TRSB.OL.


What is the valuation status for TRSB stock?

ChartMill assigns a valuation rating of 4 / 10 to TROENDELAG SPA (TRSB.OL). This can be considered as Fairly Valued.


Can you provide the profitability details for TROENDELAG SPA?

TROENDELAG SPA (TRSB.OL) has a profitability rating of 0 / 10.


What is the expected EPS growth for TROENDELAG SPA (TRSB.OL) stock?

The Earnings per Share (EPS) of TROENDELAG SPA (TRSB.OL) is expected to grow by 31.26% in the next year.