SPAREBANK 1 SMN (MING.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:MING - NO0006390301 - Common Stock
202.4 NOK
-3.65 (-1.77%)
Overall MING gets a fundamental rating of 3 out of 10. We evaluated MING against 102 industry peers in the Banks industry. MING has a medium profitability rating, but doesn't score so well on its financial health evaluation. MING is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MING was profitable.
In the past year MING had a positive cash flow from operations.
In the past 5 years MING has always been profitable.
In multiple years MING reported negative operating cash flow during the last 5 years.
1.2 Ratios
MING has a better Return On Assets (1.11%) than 71.57% of its industry peers.
MING's Return On Equity of 9.32% is in line compared to the rest of the industry. MING outperforms 44.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.11% | ||
| ROE | 9.32% | ||
| ROIC | N/A |
ROA(3y)0.98%
ROA(5y)0.88%
ROE(3y)8.44%
ROE(5y)7.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 30.32%, MING belongs to the best of the industry, outperforming 80.39% of the companies in the same industry.
In the last couple of years the Profit Margin of MING has grown nicely.
The Operating Margin and Gross Margin are not available for MING so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 30.32% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y8.17%
PM growth 5Y5.17%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MING does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MING has about the same amount of shares outstanding.
Compared to 5 years ago, MING has more shares outstanding
The debt/assets ratio for MING is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of MING is 10.72, which is on the high side as it means it would take MING, 10.72 years of fcf income to pay off all of its debts.
MING has a better Debt to FCF ratio (10.72) than 77.45% of its industry peers.
MING has a Debt/Equity ratio of 1.85. This is a high value indicating a heavy dependency on external financing.
MING has a Debt to Equity ratio of 1.85. This is comparable to the rest of the industry: MING outperforms 54.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | 10.72 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC3.87%
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 MING have decreased strongly by -10.35% in the last year.
Measured over the past years, MING shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.16% on average per year.
MING shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -20.67%.
Measured over the past years, MING shows a small growth in Revenue. The Revenue has been growing by 7.97% on average per year.
EPS 1Y (TTM)-10.35%
EPS 3Y14.86%
EPS 5Y9.16%
EPS Q2Q%-22.27%
Revenue 1Y (TTM)-20.67%
Revenue growth 3Y10.85%
Revenue growth 5Y7.97%
Sales Q2Q%-10.43%
3.2 Future
Based on estimates for the next years, MING will show a decrease in Earnings Per Share. The EPS will decrease by -1.66% on average per year.
MING is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.55% yearly.
EPS Next Y-5.05%
EPS Next 2Y-3.96%
EPS Next 3Y-1.66%
EPS Next 5YN/A
Revenue Next Year3.68%
Revenue Next 2Y2.26%
Revenue Next 3Y2.55%
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
MING is valuated reasonably with a Price/Earnings ratio of 10.68.
Compared to the rest of the industry, the Price/Earnings ratio of MING indicates a somewhat cheap valuation: MING is cheaper than 65.69% of the companies listed in the same industry.
MING's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.51.
Based on the Price/Forward Earnings ratio of 10.86, the valuation of MING can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as MING.
MING is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.68 | ||
| Fwd PE | 10.86 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MING is valued cheaply inside the industry as 80.39% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.6 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.16
EPS Next 2Y-3.96%
EPS Next 3Y-1.66%
5. Dividend
5.1 Amount
MING has a Yearly Dividend Yield of 6.11%, which is a nice return.
Compared to an average industry Dividend Yield of 4.31, MING pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, MING pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.11% |
5.2 History
The dividend of MING is nicely growing with an annual growth rate of 6.94%!
Dividend Growth(5Y)6.94%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
64.12% of the earnings are spent on dividend by MING. This is not a sustainable payout ratio.
MING's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP64.12%
EPS Next 2Y-3.96%
EPS Next 3Y-1.66%
OSL:MING (1/2/2026, 4:19:50 PM)
202.4
-3.65 (-1.77%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners38.41%
Inst Owner ChangeN/A
Ins Owners0.31%
Ins Owner ChangeN/A
Market Cap29.19B
Revenue(TTM)9.28B
Net Income(TTM)2.81B
Analysts78.18
Price Target205.28 (1.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.11% |
Yearly Dividend6.14
Dividend Growth(5Y)6.94%
DP64.12%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.59%
Min EPS beat(2)2.99%
Max EPS beat(2)8.19%
EPS beat(4)3
Avg EPS beat(4)3.27%
Min EPS beat(4)-6.65%
Max EPS beat(4)8.55%
EPS beat(8)6
Avg EPS beat(8)6.53%
EPS beat(12)8
Avg EPS beat(12)2.87%
EPS beat(16)11
Avg EPS beat(16)3.32%
Revenue beat(2)2
Avg Revenue beat(2)1.26%
Min Revenue beat(2)0.26%
Max Revenue beat(2)2.26%
Revenue beat(4)3
Avg Revenue beat(4)0.64%
Min Revenue beat(4)-2.72%
Max Revenue beat(4)2.76%
Revenue beat(8)7
Avg Revenue beat(8)4.18%
Revenue beat(12)7
Avg Revenue beat(12)-2.11%
Revenue beat(16)9
Avg Revenue beat(16)1.95%
PT rev (1m)0%
PT rev (3m)1.51%
EPS NQ rev (1m)3.76%
EPS NQ rev (3m)2.23%
EPS NY rev (1m)3.03%
EPS NY rev (3m)4.99%
Revenue NQ rev (1m)-0.75%
Revenue NQ rev (3m)-3.21%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.68 | ||
| Fwd PE | 10.86 | ||
| P/S | 3.15 | ||
| P/FCF | 5.6 | ||
| P/OCF | 5.44 | ||
| P/B | 0.97 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)18.96
EY9.37%
EPS(NY)18.63
Fwd EY9.2%
FCF(TTM)36.13
FCFY17.85%
OCF(TTM)37.21
OCFY18.39%
SpS64.31
BVpS209.26
TBVpS200.6
PEG (NY)N/A
PEG (5Y)1.16
Graham Number298.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.11% | ||
| ROE | 9.32% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 30.32% | ||
| GM | N/A | ||
| FCFM | 56.17% |
ROA(3y)0.98%
ROA(5y)0.88%
ROE(3y)8.44%
ROE(5y)7.73%
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 3Y8.17%
PM growth 5Y5.17%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | 10.72 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 1.69% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 185.29% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC3.87%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.35%
EPS 3Y14.86%
EPS 5Y9.16%
EPS Q2Q%-22.27%
EPS Next Y-5.05%
EPS Next 2Y-3.96%
EPS Next 3Y-1.66%
EPS Next 5YN/A
Revenue 1Y (TTM)-20.67%
Revenue growth 3Y10.85%
Revenue growth 5Y7.97%
Sales Q2Q%-10.43%
Revenue Next Year3.68%
Revenue Next 2Y2.26%
Revenue Next 3Y2.55%
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 1Y64.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y61.27%
OCF growth 3YN/A
OCF growth 5YN/A
SPAREBANK 1 SMN / MING.OL FAQ
What is the ChartMill fundamental rating of SPAREBANK 1 SMN (MING.OL) stock?
ChartMill assigns a fundamental rating of 3 / 10 to MING.OL.
What is the valuation status of SPAREBANK 1 SMN (MING.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to SPAREBANK 1 SMN (MING.OL). This can be considered as Fairly Valued.
What is the profitability of MING stock?
SPAREBANK 1 SMN (MING.OL) has a profitability rating of 4 / 10.
How financially healthy is SPAREBANK 1 SMN?
The financial health rating of SPAREBANK 1 SMN (MING.OL) is 1 / 10.
What is the expected EPS growth for SPAREBANK 1 SMN (MING.OL) stock?
The Earnings per Share (EPS) of SPAREBANK 1 SMN (MING.OL) is expected to decline by -5.05% in the next year.