HOLAND OG SETSKOG SPAREBANK (HSPG.OL) Stock Fundamental Analysis
OSL:HSPG • NO0010012636
160 NOK
+3.02 (+1.92%)
Last: Feb 27, 2026, 07:00 PM
Overall HSPG gets a fundamental rating of 2 out of 10. We evaluated HSPG against 106 industry peers in the Banks industry. HSPG may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, HSPG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year HSPG was profitable.
- HSPG had a negative operating cash flow in the past year.
- HSPG had positive earnings in each of the past 5 years.
- HSPG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 0.08%, HSPG is not doing good in the industry: 94.50% of the companies in the same industry are doing better.
- With a Return On Equity value of 0.68%, HSPG is not doing good in the industry: 94.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.08% | ||
| ROE | 0.68% | ||
| ROIC | N/A |
ROA(3y)0.09%
ROA(5y)0.09%
ROE(3y)0.75%
ROE(5y)0.85%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of HSPG (3.76%) is worse than 94.50% of its industry peers.
- HSPG's Profit Margin has declined in the last couple of years.
- HSPG 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) | 3.76% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.59%
PM growth 5Y-7.69%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- HSPG does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, HSPG has about the same amount of shares outstanding.
- Compared to 5 years ago, HSPG has less shares outstanding
- HSPG has a worse debt/assets ratio than last year.
2.2 Solvency
- A Debt/Equity ratio of 2.59 is on the high side and indicates that HSPG has dependencies on debt financing.
- HSPG's Debt to Equity ratio of 2.59 is on the low side compared to the rest of the industry. HSPG is outperformed by 64.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC4.39%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- HSPG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.37%.
- The earnings per share for HSPG have been decreasing by -11.37% on average. This is quite bad
- Looking at the last year, HSPG shows a decrease in Revenue. The Revenue has decreased by -3.35% in the last year.
- The Revenue has been growing slightly by 2.71% on average over the past years.
EPS 1Y (TTM)-29.37%
EPS 3Y-14.38%
EPS 5Y-11.37%
EPS Q2Q%-56.61%
Revenue 1Y (TTM)-3.35%
Revenue growth 3Y1.16%
Revenue growth 5Y2.71%
Sales Q2Q%-1.37%
3.2 Future
- The Earnings Per Share is expected to grow by 24.86% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 5.46% on average over the next years.
EPS Next Y33.06%
EPS Next 2Y24.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.24%
Revenue Next 2Y5.46%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 23.43, HSPG is valued on the expensive side.
- Based on the Price/Earnings ratio, HSPG is valued more expensive than 93.58% of the companies in the same industry.
- HSPG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 17.61, which indicates a rather expensive current valuation of HSPG.
- HSPG's Price/Forward Earnings ratio is rather expensive when compared to the industry. HSPG is more expensive than 80.73% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of HSPG to the average of the S&P500 Index (28.05), we can say HSPG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.43 | ||
| Fwd PE | 17.61 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- HSPG's earnings are expected to grow with 24.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.71
PEG (5Y)N/A
EPS Next 2Y24.86%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- HSPG has a Yearly Dividend Yield of 3.19%. Purely for dividend investing, there may be better candidates out there.
- HSPG's Dividend Yield is slightly below the industry average, which is at 4.33.
- Compared to an average S&P500 Dividend Yield of 1.82, HSPG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
5.2 History
- The dividend of HSPG decreases each year by -2.28%.
Dividend Growth(5Y)-2.28%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- HSPG pays out 81.49% of its income as dividend. This is not a sustainable payout ratio.
DP81.49%
EPS Next 2Y24.86%
EPS Next 3YN/A
OSL:HSPG (2/27/2026, 7:00:00 PM)
160
+3.02 (+1.92%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-13 2026-02-13/bmo
Earnings (Next)04-27 2026-04-27
Inst Owners4.3%
Inst Owner ChangeN/A
Ins Owners23.51%
Ins Owner ChangeN/A
Market Cap110.40M
Revenue(TTM)200.96M
Net Income(TTM)7.60M
Analysts37.78
Price Target99.96 (-37.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
Yearly Dividend7
Dividend Growth(5Y)-2.28%
DP81.49%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-32.4%
Min EPS beat(2)-59.76%
Max EPS beat(2)-5.04%
EPS beat(4)1
Avg EPS beat(4)-19.39%
Min EPS beat(4)-59.76%
Max EPS beat(4)13.42%
EPS beat(8)3
Avg EPS beat(8)8.68%
EPS beat(12)4
Avg EPS beat(12)-5.71%
EPS beat(16)4
Avg EPS beat(16)-8.86%
Revenue beat(2)2
Avg Revenue beat(2)19.25%
Min Revenue beat(2)2.22%
Max Revenue beat(2)36.27%
Revenue beat(4)3
Avg Revenue beat(4)7.92%
Min Revenue beat(4)-7.6%
Max Revenue beat(4)36.27%
Revenue beat(8)5
Avg Revenue beat(8)6.64%
Revenue beat(12)8
Avg Revenue beat(12)6.53%
Revenue beat(16)11
Avg Revenue beat(16)8.41%
PT rev (1m)0%
PT rev (3m)-10.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.18%
EPS NY rev (1m)0%
EPS NY rev (3m)3.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.03%
Revenue NY rev (1m)1.85%
Revenue NY rev (3m)1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.43 | ||
| Fwd PE | 17.61 | ||
| P/S | 0.55 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.1 | ||
| P/tB | 0.1 | ||
| EV/EBITDA | N/A |
EPS(TTM)6.83
EY4.27%
EPS(NY)9.09
Fwd EY5.68%
FCF(TTM)-242.04
FCFYN/A
OCF(TTM)-147.43
OCFYN/A
SpS292.61
BVpS1628.58
TBVpS1628.58
PEG (NY)0.71
PEG (5Y)N/A
Graham Number500.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.08% | ||
| ROE | 0.68% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 3.76% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)0.09%
ROA(5y)0.09%
ROE(3y)0.75%
ROE(5y)0.85%
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 3Y-4.59%
PM growth 5Y-7.69%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.59 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 32.33% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC4.39%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)12.46%
Cap/Sales(5y)10.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.37%
EPS 3Y-14.38%
EPS 5Y-11.37%
EPS Q2Q%-56.61%
EPS Next Y33.06%
EPS Next 2Y24.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.35%
Revenue growth 3Y1.16%
Revenue growth 5Y2.71%
Sales Q2Q%-1.37%
Revenue Next Year6.24%
Revenue Next 2Y5.46%
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 1Y31.47%
FCF growth 3Y283.9%
FCF growth 5YN/A
OCF growth 1Y60.59%
OCF growth 3Y158.4%
OCF growth 5YN/A
HOLAND OG SETSKOG SPAREBANK / HSPG.OL FAQ
What is the ChartMill fundamental rating of HOLAND OG SETSKOG SPAREBANK (HSPG.OL) stock?
ChartMill assigns a fundamental rating of 2 / 10 to HSPG.OL.
Can you provide the valuation status for HOLAND OG SETSKOG SPAREBANK?
ChartMill assigns a valuation rating of 2 / 10 to HOLAND OG SETSKOG SPAREBANK (HSPG.OL). This can be considered as Overvalued.
Can you provide the profitability details for HOLAND OG SETSKOG SPAREBANK?
HOLAND OG SETSKOG SPAREBANK (HSPG.OL) has a profitability rating of 2 / 10.
What are the PE and PB ratios of HOLAND OG SETSKOG SPAREBANK (HSPG.OL) stock?
The Price/Earnings (PE) ratio for HOLAND OG SETSKOG SPAREBANK (HSPG.OL) is 23.43 and the Price/Book (PB) ratio is 0.1.
What is the financial health of HOLAND OG SETSKOG SPAREBANK (HSPG.OL) stock?
The financial health rating of HOLAND OG SETSKOG SPAREBANK (HSPG.OL) is 1 / 10.