SPAREBANK 1 NORD-NORGE (NONG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NONG - NO0006000801 - Common Stock
150.6 NOK
+2.38 (+1.61%)
Overall NONG gets a fundamental rating of 4 out of 10. We evaluated NONG against 114 industry peers in the Banks industry. NONG has a bad profitability rating. Also its financial health evaluation is rather negative. NONG has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- NONG had positive earnings in the past year.
- NONG had a positive operating cash flow in the past year.
- NONG had positive earnings in each of the past 5 years.
- NONG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- NONG has a Return On Assets of 1.12%. This is in the better half of the industry: NONG outperforms 73.68% of its industry peers.
- NONG has a worse Return On Equity (8.16%) than 64.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 8.16% | ||
| ROIC | N/A |
ROA(3y)0.95%
ROA(5y)0.88%
ROE(3y)7.04%
ROE(5y)6.58%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- NONG has a Profit Margin of 24.32%. This is comparable to the rest of the industry: NONG outperforms 53.51% of its industry peers.
- NONG's Profit Margin has improved in the last couple of years.
- NONG 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) | 24.32% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.44%
PM growth 5Y2.12%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- NONG does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for NONG remains at a similar level compared to 1 year ago.
- The number of shares outstanding for NONG has been increased compared to 5 years ago.
- NONG has a better debt/assets ratio than last year.
2.2 Solvency
- NONG has a debt to FCF ratio of 9.49. This is a negative value and a sign of low solvency as NONG would need 9.49 years to pay back of all of its debts.
- The Debt to FCF ratio of NONG (9.49) is better than 80.70% of its industry peers.
- NONG has a Debt/Equity ratio of 1.30. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.30, NONG is in the better half of the industry, outperforming 64.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 9.49 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC3.97%
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 NONG have decreased by -2.08% in the last year.
- The Earnings Per Share has been growing by 11.67% on average over the past years. This is quite good.
- Looking at the last year, NONG shows a decrease in Revenue. The Revenue has decreased by -1.04% in the last year.
- NONG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.65% yearly.
EPS 1Y (TTM)-2.08%
EPS 3Y16.06%
EPS 5Y11.67%
EPS Q2Q%-33.94%
Revenue 1Y (TTM)-1.04%
Revenue growth 3Y15.05%
Revenue growth 5Y9.65%
Sales Q2Q%-21.54%
3.2 Future
- Based on estimates for the next years, NONG will show a decrease in Earnings Per Share. The EPS will decrease by -3.37% on average per year.
- Based on estimates for the next years, NONG will show a small growth in Revenue. The Revenue will grow by 0.03% on average per year.
EPS Next Y-6.62%
EPS Next 2Y-3.14%
EPS Next 3Y-3.37%
EPS Next 5YN/A
Revenue Next Year-0.94%
Revenue Next 2Y-1.23%
Revenue Next 3Y0.03%
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
- A Price/Earnings ratio of 9.68 indicates a reasonable valuation of NONG.
- Compared to the rest of the industry, the Price/Earnings ratio of NONG indicates a rather cheap valuation: NONG is cheaper than 81.58% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.82. NONG is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 9.85, which indicates a very decent valuation of NONG.
- NONG's Price/Forward Earnings ratio is rather cheap when compared to the industry. NONG is cheaper than 84.21% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.95, NONG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.68 | ||
| Fwd PE | 9.85 |
4.2 Price Multiples
- 84.21% of the companies in the same industry are more expensive than NONG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A cheap valuation may be justified as NONG's earnings are expected to decrease with -3.37% in the coming years.
PEG (NY)N/A
PEG (5Y)0.83
EPS Next 2Y-3.14%
EPS Next 3Y-3.37%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.80%, NONG is a good candidate for dividend investing.
- NONG's Dividend Yield is a higher than the industry average which is at 3.93.
- Compared to an average S&P500 Dividend Yield of 1.82, NONG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.8% |
5.2 History
- The dividend of NONG is nicely growing with an annual growth rate of 12.24%!
Dividend Growth(5Y)12.24%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- NONG pays out 135.25% of its income as dividend. This is not a sustainable payout ratio.
- NONG's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP135.25%
EPS Next 2Y-3.14%
EPS Next 3Y-3.37%
SPAREBANK 1 NORD-NORGE / NONG.OL FAQ
What is the ChartMill fundamental rating of SPAREBANK 1 NORD-NORGE (NONG.OL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to NONG.OL.
Can you provide the valuation status for SPAREBANK 1 NORD-NORGE?
ChartMill assigns a valuation rating of 6 / 10 to SPAREBANK 1 NORD-NORGE (NONG.OL). This can be considered as Fairly Valued.
How profitable is SPAREBANK 1 NORD-NORGE (NONG.OL) stock?
SPAREBANK 1 NORD-NORGE (NONG.OL) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for NONG stock?
The Price/Earnings (PE) ratio for SPAREBANK 1 NORD-NORGE (NONG.OL) is 9.68 and the Price/Book (PB) ratio is 0.76.
What is the earnings growth outlook for SPAREBANK 1 NORD-NORGE?
The Earnings per Share (EPS) of SPAREBANK 1 NORD-NORGE (NONG.OL) is expected to decline by -6.62% in the next year.