HAUGESUND SPAREBANK (HGSB.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:HGSB - NO0010764053 - Common Stock
163.5 NOK
+5.5 (+3.48%)
We assign a fundamental rating of 1 out of 10 to HGSB. HGSB was compared to 111 industry peers in the Banks industry. Both the profitability and financial health of HGSB have multiple concerns. HGSB has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year HGSB was profitable.
1.2 Ratios
- HGSB has a worse Return On Assets (0.17%) than 91.89% of its industry peers.
- HGSB has a Return On Equity of 1.35%. This is amonst the worse of the industry: HGSB underperforms 91.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 1.35% | ||
| ROIC | N/A |
ROA(3y)0.57%
ROA(5y)N/A
ROE(3y)4.37%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- HGSB's Profit Margin of 5.31% is on the low side compared to the rest of the industry. HGSB is outperformed by 91.89% of its industry peers.
- HGSB 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) | 5.31% | ||
| 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
2. Health
2.1 Basic Checks
- HGSB does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for HGSB remains at a similar level compared to 1 year ago.
- The debt/assets ratio for HGSB is higher compared to a year ago.
2.2 Solvency
- A Debt/Equity ratio of 2.12 is on the high side and indicates that HGSB has dependencies on debt financing.
- HGSB has a Debt to Equity ratio (2.12) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.91%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The earnings per share for HGSB have decreased strongly by -83.05% in the last year.
- HGSB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.34%.
EPS 1Y (TTM)-83.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)8.34%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
3.2 Future
- The Earnings Per Share is expected to grow by 1.20% on average over the next years.
- The Revenue is expected to grow by 14.50% on average over the next years. This is quite good.
EPS Next Y-15.41%
EPS Next 2Y-0.66%
EPS Next 3Y1.2%
EPS Next 5YN/A
Revenue Next Year18.18%
Revenue Next 2Y18.03%
Revenue Next 3Y14.5%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.77, the valuation of HGSB can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of HGSB indicates a slightly more expensive valuation: HGSB is more expensive than 63.06% of the companies listed in the same industry.
- HGSB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
- HGSB is valuated correctly with a Price/Forward Earnings ratio of 15.17.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of HGSB indicates a rather expensive valuation: HGSB more expensive than 80.18% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of HGSB to the average of the S&P500 Index (24.26), we can say HGSB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.77 | ||
| Fwd PE | 15.17 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.66%
EPS Next 3Y1.2%
5. Dividend
5.1 Amount
- HGSB has a Yearly Dividend Yield of 7.91%, which is a nice return.
- HGSB's Dividend Yield is rather good when compared to the industry average which is at 4.03. HGSB pays more dividend than 92.79% of the companies in the same industry.
- HGSB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.91% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 64.05% of the earnings are spent on dividend by HGSB. This is not a sustainable payout ratio.
DP64.05%
EPS Next 2Y-0.66%
EPS Next 3Y1.2%
HAUGESUND SPAREBANK / HGSB.OL FAQ
What is the fundamental rating for HGSB stock?
ChartMill assigns a fundamental rating of 1 / 10 to HGSB.OL.
What is the valuation status of HAUGESUND SPAREBANK (HGSB.OL) stock?
ChartMill assigns a valuation rating of 2 / 10 to HAUGESUND SPAREBANK (HGSB.OL). This can be considered as Overvalued.
How profitable is HAUGESUND SPAREBANK (HGSB.OL) stock?
HAUGESUND SPAREBANK (HGSB.OL) has a profitability rating of 0 / 10.
Can you provide the financial health for HGSB stock?
The financial health rating of HAUGESUND SPAREBANK (HGSB.OL) is 0 / 10.
Can you provide the dividend sustainability for HGSB stock?
The dividend rating of HAUGESUND SPAREBANK (HGSB.OL) is 6 / 10 and the dividend payout ratio is 64.05%.