SPAREBANK 1 NORD-NORGE (NONG.OL) Stock Fundamental Analysis
Europe - OSL:NONG - NO0006000801 - Common Stock
139 NOK
-2.6 (-1.84%)
We assign a fundamental rating of 4 out of 10 to NONG. NONG was compared to 97 industry peers in the Banks industry. While NONG is still in line with the averages on profitability rating, there are concerns on its financial health. NONG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year NONG was profitable.
NONG had a positive operating cash flow in the past year.
In the past 5 years NONG has always been profitable.
NONG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of NONG (1.26%) is better than 84.54% of its industry peers.
NONG has a Return On Equity (9.64%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 9.64% | ||
| 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
The Profit Margin of NONG (25.74%) is better than 70.10% of its industry peers.
In the last couple of years the Profit Margin of NONG has grown nicely.
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) | 25.74% | ||
| 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.
Compared to 5 years ago, NONG has more shares outstanding
The debt/assets ratio for NONG has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of NONG is 16.99, which is on the high side as it means it would take NONG, 16.99 years of fcf income to pay off all of its debts.
NONG's Debt to FCF ratio of 16.99 is fine compared to the rest of the industry. NONG outperforms 77.32% of its industry peers.
A Debt/Equity ratio of 1.30 is on the high side and indicates that NONG has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.30, NONG is doing good in the industry, outperforming 67.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 16.99 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC3.46%
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 grown by an impressive 45.33% over the past year.
Measured over the past years, NONG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.67% on average per year.
Looking at the last year, NONG shows a quite strong growth in Revenue. The Revenue has grown by 19.10% in the last year.
The Revenue has been growing by 9.65% on average over the past years. This is quite good.
EPS 1Y (TTM)45.33%
EPS 3Y16.06%
EPS 5Y11.67%
EPS Q2Q%26.51%
Revenue 1Y (TTM)19.1%
Revenue growth 3Y15.05%
Revenue growth 5Y9.65%
Sales Q2Q%13.13%
3.2 Future
NONG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.25% yearly.
The Revenue is expected to decrease by -0.15% on average over the next years.
EPS Next Y-11.12%
EPS Next 2Y-7.58%
EPS Next 3Y-4.25%
EPS Next 5YN/A
Revenue Next Year-2.15%
Revenue Next 2Y-1.53%
Revenue Next 3Y-0.15%
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 7.90 indicates a rather cheap valuation of NONG.
83.51% of the companies in the same industry are more expensive than NONG, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of NONG to the average of the S&P500 Index (27.86), we can say NONG is valued rather cheaply.
NONG is valuated reasonably with a Price/Forward Earnings ratio of 9.99.
NONG's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of NONG to the average of the S&P500 Index (23.29), we can say NONG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 9.99 |
4.2 Price Multiples
NONG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NONG is cheaper than 72.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.63 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as NONG's earnings are expected to decrease with -4.25% in the coming years.
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y-7.58%
EPS Next 3Y-4.25%
5. Dividend
5.1 Amount
NONG has a Yearly Dividend Yield of 6.33%, which is a nice return.
Compared to an average industry Dividend Yield of 5.02, NONG pays a bit more dividend than its industry peers.
NONG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
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 120.61% 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.
DP120.61%
EPS Next 2Y-7.58%
EPS Next 3Y-4.25%
OSL:NONG (10/2/2025, 7:00:00 PM)
139
-2.6 (-1.84%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners37.65%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap13.96B
Analysts43.08
Price Target141.53 (1.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
Yearly Dividend19.25
Dividend Growth(5Y)12.24%
DP120.61%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.23%
Min EPS beat(2)6.82%
Max EPS beat(2)11.65%
EPS beat(4)4
Avg EPS beat(4)33.55%
Min EPS beat(4)6.82%
Max EPS beat(4)78%
EPS beat(8)5
Avg EPS beat(8)11.91%
EPS beat(12)8
Avg EPS beat(12)16.68%
EPS beat(16)10
Avg EPS beat(16)13.02%
Revenue beat(2)2
Avg Revenue beat(2)5.1%
Min Revenue beat(2)4.64%
Max Revenue beat(2)5.56%
Revenue beat(4)4
Avg Revenue beat(4)9.1%
Min Revenue beat(4)4.64%
Max Revenue beat(4)17.37%
Revenue beat(8)7
Avg Revenue beat(8)4.34%
Revenue beat(12)9
Avg Revenue beat(12)4.29%
Revenue beat(16)12
Avg Revenue beat(16)4.71%
PT rev (1m)-2.01%
PT rev (3m)-1.03%
EPS NQ rev (1m)-14.22%
EPS NQ rev (3m)N/A
EPS NY rev (1m)2.17%
EPS NY rev (3m)6.08%
Revenue NQ rev (1m)1.78%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 9.99 | ||
| P/S | 1.98 | ||
| P/FCF | 9.63 | ||
| P/OCF | 8.54 | ||
| P/B | 0.74 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | N/A |
EPS(TTM)17.6
EY12.66%
EPS(NY)13.92
Fwd EY10.01%
FCF(TTM)14.43
FCFY10.38%
OCF(TTM)16.27
OCFY11.71%
SpS70.37
BVpS187.94
TBVpS186.02
PEG (NY)N/A
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 9.64% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.74% | ||
| GM | N/A | ||
| FCFM | 20.51% |
ROA(3y)0.95%
ROA(5y)0.88%
ROE(3y)7.04%
ROE(5y)6.58%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 16.99 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 220.24% | ||
| Cap/Sales | 2.62% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 79.69% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC3.46%
ROIC/WACCN/A
Cap/Depr(3y)82.31%
Cap/Depr(5y)71.29%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.36%
Profit Quality(3y)233.76%
Profit Quality(5y)242.6%
High Growth Momentum
Growth
EPS 1Y (TTM)45.33%
EPS 3Y16.06%
EPS 5Y11.67%
EPS Q2Q%26.51%
EPS Next Y-11.12%
EPS Next 2Y-7.58%
EPS Next 3Y-4.25%
EPS Next 5YN/A
Revenue 1Y (TTM)19.1%
Revenue growth 3Y15.05%
Revenue growth 5Y9.65%
Sales Q2Q%13.13%
Revenue Next Year-2.15%
Revenue Next 2Y-1.53%
Revenue Next 3Y-0.15%
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 1Y31.49%
FCF growth 3Y8.72%
FCF growth 5YN/A
OCF growth 1Y40.5%
OCF growth 3Y8.93%
OCF growth 5YN/A