VEKSELBANKEN (VVL.OL) Stock Fundamental Analysis
OSL:VVL - Euronext Oslo - NO0003025009 - Common Stock - Currency: NOK
We assign a fundamental rating of 4 out of 10 to VVL. VVL was compared to 89 industry peers in the Banks industry. There are concerns on the financial health of VVL while its profitability can be described as average. VVL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year VVL was profitable.
In the past year VVL had a positive cash flow from operations.
In the past 5 years VVL has always 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 1.30% is amongst the best of the industry. VVL outperforms 84.27% of its industry peers.
The Return On Equity of VVL (10.64%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.3% | ||
| ROE | 10.64% | ||
| 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
VVL's Profit Margin of 43.04% is amongst the best of the industry. VVL outperforms 94.38% of its industry peers.
In the last couple of years the Profit Margin of VVL has remained more or less at the same level.
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) | 43.04% | ||
| 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.
VVL has about the same amout of shares outstanding than it did 1 year ago.
VVL has about the same amout of shares outstanding than it did 5 years ago.
VVL has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of VVL is 14.07, which is on the high side as it means it would take VVL, 14.07 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 14.07, VVL belongs to the best of the industry, outperforming 86.52% of the companies in the same industry.
A Debt/Equity ratio of 1.27 is on the high side and indicates that VVL has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.27, VVL is doing good in the industry, outperforming 68.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 14.07 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.01%
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 been growing slightly by 6.27% over the past year.
Measured over the past years, VVL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.52% on average per year.
Looking at the last year, VVL shows a small growth in Revenue. The Revenue has grown by 6.17% in the last year.
Measured over the past years, VVL shows a quite strong growth in Revenue. The Revenue has been growing by 11.29% on average per year.
EPS 1Y (TTM)6.27%
EPS 3Y24.65%
EPS 5Y10.52%
EPS Q2Q%-4.91%
Revenue 1Y (TTM)6.17%
Revenue growth 3Y20.31%
Revenue growth 5Y11.29%
Sales Q2Q%-0.41%
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 5.68% on average per year.
Based on estimates for the next years, VVL will show a small growth in Revenue. The Revenue will grow by 6.00% on average per year.
EPS Next Y4.58%
EPS Next 2Y4.71%
EPS Next 3Y5.68%
EPS Next 5YN/A
Revenue Next Year14.08%
Revenue Next 2Y6.39%
Revenue Next 3Y6%
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
A Price/Earnings ratio of 10.24 indicates a reasonable valuation of VVL.
Based on the Price/Earnings ratio, VVL is valued a bit more expensive than 60.67% 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 27.30.
Based on the Price/Forward Earnings ratio of 9.24, the valuation of VVL can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VVL is on the same level as its industry peers.
VVL is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 9.24 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, VVL is valued a bit cheaper than the industry average as 79.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.13 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VVL does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.24
PEG (5Y)0.97
EPS Next 2Y4.71%
EPS Next 3Y5.68%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.30%, VVL is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.17, VVL is paying slightly less dividend.
VVL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
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
VVL pays out 36.79% of its income as dividend. This is a sustainable payout ratio.
VVL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.79%
EPS Next 2Y4.71%
EPS Next 3Y5.68%
OSL:VVL (7/11/2025, 7:00:00 PM)
394
+10 (+2.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners8.56%
Inst Owner ChangeN/A
Ins Owners4.08%
Ins Owner ChangeN/A
Market Cap874.68M
Analysts80
Price Target404.94 (2.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
Yearly Dividend14.16
Dividend Growth(5Y)15.2%
DP36.79%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-17.44%
Min EPS beat(2)-19.66%
Max EPS beat(2)-15.22%
EPS beat(4)1
Avg EPS beat(4)-5.52%
Min EPS beat(4)-19.66%
Max EPS beat(4)20.92%
EPS beat(8)4
Avg EPS beat(8)-0.06%
EPS beat(12)7
Avg EPS beat(12)0.44%
EPS beat(16)8
Avg EPS beat(16)-1.79%
Revenue beat(2)0
Avg Revenue beat(2)-17.65%
Min Revenue beat(2)-23.96%
Max Revenue beat(2)-11.33%
Revenue beat(4)0
Avg Revenue beat(4)-15.79%
Min Revenue beat(4)-23.96%
Max Revenue beat(4)-11.33%
Revenue beat(8)2
Avg Revenue beat(8)-6.9%
Revenue beat(12)6
Avg Revenue beat(12)-0.24%
Revenue beat(16)8
Avg Revenue beat(16)0.22%
PT rev (1m)0%
PT rev (3m)8.47%
EPS NQ rev (1m)-3.41%
EPS NQ rev (3m)-2.5%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-8.78%
Revenue NQ rev (3m)9.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 9.24 | ||
| P/S | 4.44 | ||
| P/FCF | 12.13 | ||
| P/OCF | 11.42 | ||
| P/B | 1.1 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | N/A |
EPS(TTM)38.47
EY9.76%
EPS(NY)42.66
Fwd EY10.83%
FCF(TTM)32.47
FCFY8.24%
OCF(TTM)34.49
OCFY8.75%
SpS88.74
BVpS359.04
TBVpS359.04
PEG (NY)2.24
PEG (5Y)0.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.3% | ||
| ROE | 10.64% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 43.04% | ||
| GM | N/A | ||
| FCFM | 36.59% |
ROA(3y)1.12%
ROA(5y)0.94%
ROE(3y)9.54%
ROE(5y)8.22%
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 3Y4.59%
PM growth 5Y1.42%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 14.07 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 2.28% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 85.02% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC6.01%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.12%
Cap/Sales(5y)0.69%
Profit Quality(3y)192.93%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.27%
EPS 3Y24.65%
EPS 5Y10.52%
EPS Q2Q%-4.91%
EPS Next Y4.58%
EPS Next 2Y4.71%
EPS Next 3Y5.68%
EPS Next 5YN/A
Revenue 1Y (TTM)6.17%
Revenue growth 3Y20.31%
Revenue growth 5Y11.29%
Sales Q2Q%-0.41%
Revenue Next Year14.08%
Revenue Next 2Y6.39%
Revenue Next 3Y6%
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-40.8%
FCF growth 3YN/A
FCF growth 5Y24.51%
OCF growth 1Y-37.69%
OCF growth 3YN/A
OCF growth 5Y23.56%