VEKSELBANKEN (VVL.OL) Stock Fundamental Analysis
Europe - OSL:VVL - NO0003025009 - Common Stock
370 NOK
-10 (-2.63%)
We assign a fundamental rating of 4 out of 10 to VVL. VVL was compared to 95 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.
Of the past 5 years VVL 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of VVL (1.31%) is better than 87.37% of its industry peers.
VVL has a Return On Equity (11.13%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 11.13% | ||
| 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 has a better Profit Margin (43.45%) than 94.74% of its industry peers.
VVL's Profit Margin has been stable 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) | 43.45% | ||
| 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.
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 3.47. This is a good value and a sign of high solvency as VVL would need 3.47 years to pay back of all of its debts.
The Debt to FCF ratio of VVL (3.47) is better than 92.63% 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.
VVL has a better Debt to Equity ratio (1.29) than 70.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 3.47 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.9%
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 3.70% 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.
VVL shows a small growth in Revenue. In the last year, the Revenue has grown by 5.15%.
The Revenue has been growing by 11.29% on average over the past years. This is quite good.
EPS 1Y (TTM)3.7%
EPS 3Y24.65%
EPS 5Y10.52%
EPS Q2Q%13.76%
Revenue 1Y (TTM)5.15%
Revenue growth 3Y20.31%
Revenue growth 5Y11.29%
Sales Q2Q%1.6%
3.2 Future
The Earnings Per Share is expected to grow by 3.55% on average over the next years.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 9.28, the valuation of VVL can be described as very reasonable.
68.42% of the companies in the same industry are more expensive than VVL, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of VVL to the average of the S&P500 Index (25.67), we can say VVL is valued rather cheaply.
The Price/Forward Earnings ratio is 9.47, which indicates a very decent valuation of VVL.
71.58% of the companies in the same industry are more expensive than VVL, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of VVL to the average of the S&P500 Index (31.86), we can say VVL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.28 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
VVL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VVL is cheaper than 90.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.81 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.88
EPS Next 2Y0.23%
EPS Next 3Y3.55%
5. Dividend
5.1 Amount
VVL has a Yearly Dividend Yield of 4.34%, which is a nice return.
VVL's Dividend Yield is comparable with the industry average which is at 4.84.
Compared to an average S&P500 Dividend Yield of 2.40, VVL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
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
41.53% of the earnings are spent on dividend by VVL. This is a bit on the high side, but may be sustainable.
The dividend of VVL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP41.53%
EPS Next 2Y0.23%
EPS Next 3Y3.55%
OSL:VVL (11/6/2025, 7:00:00 PM)
370
-10 (-2.63%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners8.11%
Inst Owner ChangeN/A
Ins Owners3.8%
Ins Owner ChangeN/A
Market Cap821.40M
Revenue(TTM)202.18M
Net Income(TTM)87.84M
Analysts80
Price Target404.94 (9.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
Yearly Dividend14.16
Dividend Growth(5Y)15.2%
DP41.53%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.76%
Min EPS beat(2)-15.22%
Max EPS beat(2)-0.29%
EPS beat(4)1
Avg EPS beat(4)-3.56%
Min EPS beat(4)-19.66%
Max EPS beat(4)20.92%
EPS beat(8)4
Avg EPS beat(8)2.03%
EPS beat(12)6
Avg EPS beat(12)-0.39%
EPS beat(16)8
Avg EPS beat(16)-1.53%
Revenue beat(2)0
Avg Revenue beat(2)-19.68%
Min Revenue beat(2)-23.96%
Max Revenue beat(2)-15.4%
Revenue beat(4)0
Avg Revenue beat(4)-15.99%
Min Revenue beat(4)-23.96%
Max Revenue beat(4)-11.33%
Revenue beat(8)1
Avg Revenue beat(8)-11.08%
Revenue beat(12)5
Avg Revenue beat(12)-2.62%
Revenue beat(16)7
Avg Revenue beat(16)-1.25%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.28 | ||
| Fwd PE | 9.47 | ||
| P/S | 4.06 | ||
| P/FCF | 2.81 | ||
| P/OCF | 2.76 | ||
| P/B | 1.04 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | N/A |
EPS(TTM)39.85
EY10.77%
EPS(NY)39.09
Fwd EY10.56%
FCF(TTM)131.71
FCFY35.6%
OCF(TTM)133.99
OCFY36.21%
SpS91.07
BVpS355.64
TBVpS355.64
PEG (NY)N/A
PEG (5Y)0.88
Graham Number564.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 11.13% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 43.45% | ||
| GM | N/A | ||
| FCFM | 144.63% |
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
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 3Y4.59%
PM growth 5Y1.42%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 3.47 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 2.5% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 332.88% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC5.9%
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)3.7%
EPS 3Y24.65%
EPS 5Y10.52%
EPS Q2Q%13.76%
EPS Next Y-4.61%
EPS Next 2Y0.23%
EPS Next 3Y3.55%
EPS Next 5YN/A
Revenue 1Y (TTM)5.15%
Revenue growth 3Y20.31%
Revenue growth 5Y11.29%
Sales Q2Q%1.6%
Revenue Next Year5.07%
Revenue Next 2Y5.25%
Revenue Next 3Y5.58%
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 1Y196.02%
FCF growth 3YN/A
FCF growth 5Y24.51%
OCF growth 1Y197.61%
OCF growth 3YN/A
OCF growth 5Y23.56%
VEKSELBANKEN / VVL.OL FAQ
Can you provide the ChartMill fundamental rating for VEKSELBANKEN?
ChartMill assigns a fundamental rating of 4 / 10 to VVL.OL.
Can you provide the valuation status for VEKSELBANKEN?
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.
Can you provide the PE and PB ratios for VVL stock?
The Price/Earnings (PE) ratio for VEKSELBANKEN (VVL.OL) is 9.28 and the Price/Book (PB) ratio is 1.04.
What is the expected EPS growth for VEKSELBANKEN (VVL.OL) stock?
The Earnings per Share (EPS) of VEKSELBANKEN (VVL.OL) is expected to decline by -4.61% in the next year.