VEKSELBANKEN (VVL.OL) Fundamental Analysis & Valuation
OSL:VVL • NO0003025009
424 NOK
0 (0%)
Last: Mar 9, 2026, 07:00 PM
This VVL.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
VVL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 116 industry peers in the Banks industry. While VVL is still in line with the averages on profitability rating, there are concerns on its financial health. VVL has a correct valuation and a medium growth rate.
1. VVL.OL Profitability Analysis
1.1 Basic Checks
- In the past year VVL was profitable.
- VVL had a positive operating cash flow in the past year.
- VVL had positive earnings in each of the past 5 years.
- Of the past 5 years VVL 4 years had a positive operating cash flow.
1.2 Ratios
- VVL has a better Return On Assets (1.20%) than 71.55% of its industry peers.
- VVL's Return On Equity of 10.02% is in line compared to the rest of the industry. VVL outperforms 43.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 10.02% | ||
| ROIC | N/A |
ROA(3y)1.23%
ROA(5y)1.06%
ROE(3y)10.38%
ROE(5y)9.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 41.90%, VVL belongs to the best of the industry, outperforming 89.66% of the companies in the same industry.
- VVL's Profit Margin has improved in the last couple of years.
- VVL 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) | 41.9% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.63%
PM growth 5Y6.5%
GM growth 3YN/A
GM growth 5YN/A
2. VVL.OL Health Analysis
2.1 Basic Checks
- VVL does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, VVL has about the same amount of shares outstanding.
- Compared to 5 years ago, VVL has about the same amount of shares outstanding.
- VVL has a better debt/assets ratio than last year.
2.2 Solvency
- VVL has a debt to FCF ratio of 79.82. This is a negative value and a sign of low solvency as VVL would need 79.82 years to pay back of all of its debts.
- VVL's Debt to FCF ratio of 79.82 is in line compared to the rest of the industry. VVL outperforms 53.45% of its industry peers.
- VVL has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.29, VVL is in the better half of the industry, outperforming 60.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 79.82 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.08%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. VVL.OL Growth Analysis
3.1 Past
- VVL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.82%.
- VVL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.59% yearly.
- VVL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.04%.
- Measured over the past years, VVL shows a quite strong growth in Revenue. The Revenue has been growing by 13.03% on average per year.
EPS 1Y (TTM)-1.82%
EPS 3Y17.41%
EPS 5Y20.59%
EPS Q2Q%6.18%
Revenue 1Y (TTM)3.04%
Revenue growth 3Y14.4%
Revenue growth 5Y13.03%
Sales Q2Q%29.14%
3.2 Future
- Based on estimates for the next years, VVL will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.03% on average per year.
- The Revenue is expected to grow by 8.31% on average over the next years. This is quite good.
EPS Next Y3.88%
EPS Next 2Y8.03%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.18%
Revenue Next 2Y8.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. VVL.OL Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 11.10, the valuation of VVL can be described as very reasonable.
- The rest of the industry has a similar Price/Earnings ratio as VVL.
- VVL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.45.
- VVL is valuated reasonably with a Price/Forward Earnings ratio of 10.68.
- VVL's Price/Forward Earnings is on the same level as the industry average.
- VVL is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.65, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.1 | ||
| Fwd PE | 10.68 |
4.2 Price Multiples
- VVL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.16 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.86
PEG (5Y)0.54
EPS Next 2Y8.03%
EPS Next 3YN/A
5. VVL.OL Dividend Analysis
5.1 Amount
- VVL has a Yearly Dividend Yield of 4.13%, which is a nice return.
- VVL's Dividend Yield is comparable with the industry average which is at 4.56.
- Compared to an average S&P500 Dividend Yield of 1.82, VVL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- VVL pays out 43.19% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP43.19%
EPS Next 2Y8.03%
EPS Next 3YN/A
VVL.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:VVL (3/9/2026, 7:00:00 PM)
424
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-11 2026-02-11/bmo
Earnings (Next)N/A N/A
Inst Owners8.11%
Inst Owner ChangeN/A
Ins Owners3.8%
Ins Owner ChangeN/A
Market Cap941.28M
Revenue(TTM)200.92M
Net Income(TTM)84.19M
Analysts80
Price Target438.6 (3.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
Yearly Dividend16.5
Dividend Growth(5Y)N/A
DP43.19%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)10.15%
Min EPS beat(2)-0.99%
Max EPS beat(2)21.3%
EPS beat(4)1
Avg EPS beat(4)1.2%
Min EPS beat(4)-15.22%
Max EPS beat(4)21.3%
EPS beat(8)3
Avg EPS beat(8)1.07%
EPS beat(12)5
Avg EPS beat(12)0.81%
EPS beat(16)8
Avg EPS beat(16)0.09%
Revenue beat(2)1
Avg Revenue beat(2)-7.34%
Min Revenue beat(2)-17.42%
Max Revenue beat(2)2.73%
Revenue beat(4)1
Avg Revenue beat(4)-13.51%
Min Revenue beat(4)-23.96%
Max Revenue beat(4)2.73%
Revenue beat(8)1
Avg Revenue beat(8)-13.77%
Revenue beat(12)4
Avg Revenue beat(12)-6.26%
Revenue beat(16)7
Avg Revenue beat(16)-2.27%
PT rev (1m)0%
PT rev (3m)8.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)5.43%
Revenue NY rev (3m)5.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.1 | ||
| Fwd PE | 10.68 | ||
| P/S | 4.68 | ||
| P/FCF | 69.16 | ||
| P/OCF | 46.84 | ||
| P/B | 1.12 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | N/A |
EPS(TTM)38.2
EY9.01%
EPS(NY)39.68
Fwd EY9.36%
FCF(TTM)6.13
FCFY1.45%
OCF(TTM)9.05
OCFY2.14%
SpS90.5
BVpS378.54
TBVpS378.54
PEG (NY)2.86
PEG (5Y)0.54
Graham Number570.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 10.02% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 41.9% | ||
| GM | N/A | ||
| FCFM | 6.77% |
ROA(3y)1.23%
ROA(5y)1.06%
ROE(3y)10.38%
ROE(5y)9.11%
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 3Y2.63%
PM growth 5Y6.5%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 79.82 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 3.23% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 16.17% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC6.08%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.98%
Cap/Sales(5y)1.32%
Profit Quality(3y)119%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.82%
EPS 3Y17.41%
EPS 5Y20.59%
EPS Q2Q%6.18%
EPS Next Y3.88%
EPS Next 2Y8.03%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.04%
Revenue growth 3Y14.4%
Revenue growth 5Y13.03%
Sales Q2Q%29.14%
Revenue Next Year9.18%
Revenue Next 2Y8.31%
Revenue Next 3YN/A
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-84.79%
FCF growth 3Y-52.09%
FCF growth 5Y-40.67%
OCF growth 1Y-78.46%
OCF growth 3Y-45.57%
OCF growth 5Y-35.86%
VEKSELBANKEN / VVL.OL FAQ
Can you provide the ChartMill fundamental rating for VEKSELBANKEN?
ChartMill assigns a fundamental rating of 4 / 10 to VVL.OL.
What is the valuation status of VEKSELBANKEN (VVL.OL) stock?
ChartMill assigns a valuation rating of 4 / 10 to VEKSELBANKEN (VVL.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for VEKSELBANKEN?
VEKSELBANKEN (VVL.OL) has a profitability rating of 4 / 10.
How financially healthy is VEKSELBANKEN?
The financial health rating of VEKSELBANKEN (VVL.OL) is 2 / 10.
What is the earnings growth outlook for VEKSELBANKEN?
The Earnings per Share (EPS) of VEKSELBANKEN (VVL.OL) is expected to grow by 3.88% in the next year.