VEKSELBANKEN (VVL.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:VVL - NO0003025009 - Common Stock
396 NOK
+4 (+1.02%)
Overall VVL gets a fundamental rating of 4 out of 10. We evaluated VVL against 111 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year VVL was profitable.
- VVL had a positive operating cash flow in the past year.
- Each year in the past 5 years VVL has been profitable.
- VVL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- VVL's Return On Assets of 1.22% is amongst the best of the industry. VVL outperforms 80.18% of its industry peers.
- The Return On Equity of VVL (10.22%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.22% | ||
| ROE | 10.22% | ||
| ROIC | N/A |
ROA(3y)1.12%
ROA(5y)0.94%
ROE(3y)9.54%
ROE(5y)8.22%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of VVL (41.39%) is better than 93.69% of its industry peers.
- VVL's Profit Margin has been stable in the last couple of years.
- The Operating Margin and Gross Margin are not available for VVL so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 41.39% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.59%
PM growth 5Y1.42%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- VVL does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for VVL remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, VVL has about the same amount of shares outstanding.
- Compared to 1 year ago, VVL has an improved debt to assets ratio.
2.2 Solvency
- The Debt to FCF ratio of VVL is 6.20, which is on the high side as it means it would take VVL, 6.20 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 6.20, VVL belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
- VVL has a Debt/Equity ratio of 1.21. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.21, VVL is in the better half of the industry, outperforming 68.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 6.2 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.06%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- VVL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.18%.
- The Earnings Per Share has been growing by 10.52% on average over the past years. This is quite good.
- Looking at the last year, VVL shows a small growth in Revenue. The Revenue has grown by 2.55% in the last year.
- The Revenue has been growing by 11.29% on average over the past years. This is quite good.
EPS 1Y (TTM)-8.18%
EPS 3Y24.65%
EPS 5Y10.52%
EPS Q2Q%-21.16%
Revenue 1Y (TTM)2.55%
Revenue growth 3Y20.31%
Revenue growth 5Y11.29%
Sales Q2Q%0.48%
3.2 Future
- Based on estimates for the next years, VVL will show a small growth in Earnings Per Share. The EPS will grow by 3.55% on average per year.
- VVL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.58% yearly.
EPS Next Y-4.61%
EPS Next 2Y0.23%
EPS Next 3Y3.55%
EPS Next 5YN/A
Revenue Next Year5.07%
Revenue Next 2Y5.25%
Revenue Next 3Y5.58%
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.
- 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
- The Price/Earnings ratio is 10.53, which indicates a very decent valuation of VVL.
- VVL's Price/Earnings ratio is a bit cheaper when compared to the industry. VVL is cheaper than 69.37% of the companies in the same industry.
- VVL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
- A Price/Forward Earnings ratio of 10.13 indicates a reasonable valuation of VVL.
- Based on the Price/Forward Earnings ratio, VVL is valued a bit cheaper than 76.58% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, VVL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.53 | ||
| Fwd PE | 10.13 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, VVL is valued cheaply inside the industry as 83.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.53 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1
EPS Next 2Y0.23%
EPS Next 3Y3.55%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.19%, VVL is a good candidate for dividend investing.
- VVL's Dividend Yield is comparable with the industry average which is at 4.03.
- Compared to an average S&P500 Dividend Yield of 1.82, VVL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.19% |
5.2 History
- The dividend of VVL is nicely growing with an annual growth rate of 15.20%!
Dividend Growth(5Y)15.2%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 44.00% of the earnings are spent on dividend by VVL. This is a bit on the high side, but may be sustainable.
- VVL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44%
EPS Next 2Y0.23%
EPS Next 3Y3.55%
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 5 / 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 3 / 10.
What is the earnings growth outlook for VEKSELBANKEN?
The Earnings per Share (EPS) of VEKSELBANKEN (VVL.OL) is expected to decline by -4.61% in the next year.