SPAREBANK 1 NORD-NORGE (NONG.OL) Stock Fundamental Analysis
OSL:NONG - Euronext Oslo - NO0006000801 - Common Stock - Currency: NOK
Taking everything into account, NONG scores 4 out of 10 in our fundamental rating. NONG was compared to 96 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year NONG was profitable.
NONG had a positive operating cash flow in the past year.
NONG had positive earnings in each of the past 5 years.
In the past 5 years NONG always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 1.24%, NONG belongs to the best of the industry, outperforming 82.29% of the companies in the same industry.
The Return On Equity of NONG (8.70%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.24% | ||
| ROE | 8.7% | ||
| 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's Profit Margin of 25.15% is fine compared to the rest of the industry. NONG outperforms 69.79% 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) | 25.15% | ||
| 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.
NONG has more shares outstanding than it did 5 years ago.
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 36.66, which is on the high side as it means it would take NONG, 36.66 years of fcf income to pay off all of its debts.
NONG's Debt to FCF ratio of 36.66 is fine compared to the rest of the industry. NONG outperforms 76.04% of its industry peers.
NONG has a Debt/Equity ratio of 1.24. This is a high value indicating a heavy dependency on external financing.
NONG's Debt to Equity ratio of 1.24 is fine compared to the rest of the industry. NONG outperforms 71.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 36.66 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC3.53%
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 49.29% over the past year.
NONG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.67% yearly.
The Revenue has grown by 20.68% in the past year. This is a very strong growth!
Measured over the past years, NONG shows a quite strong growth in Revenue. The Revenue has been growing by 9.65% on average per year.
EPS 1Y (TTM)49.29%
EPS 3Y16.06%
EPS 5Y11.67%
EPS Q2Q%13.69%
Revenue 1Y (TTM)20.68%
Revenue growth 3Y15.05%
Revenue growth 5Y9.65%
Sales Q2Q%8.13%
3.2 Future
NONG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.56% yearly.
The Revenue is expected to decrease by -0.89% on average over the next years.
EPS Next Y-16.21%
EPS Next 2Y-9.55%
EPS Next 3Y-5.56%
EPS Next 5YN/A
Revenue Next Year-3.37%
Revenue Next 2Y-1.74%
Revenue Next 3Y-0.89%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.58, the valuation of NONG can be described as reasonable.
Based on the Price/Earnings ratio, NONG is valued a bit cheaper than 64.58% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.34, NONG is valued rather cheaply.
NONG is valuated reasonably with a Price/Forward Earnings ratio of 10.76.
NONG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. NONG is more expensive than 65.63% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NONG to the average of the S&P500 Index (22.19), we can say NONG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.58 | ||
| Fwd PE | 10.76 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, NONG is valued a bit cheaper than 73.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.46 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NONG's earnings are expected to decrease with -5.56% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.73
EPS Next 2Y-9.55%
EPS Next 3Y-5.56%
5. Dividend
5.1 Amount
NONG has a Yearly Dividend Yield of 5.87%, which is a nice return.
NONG's Dividend Yield is a higher than the industry average which is at 5.14.
Compared to an average S&P500 Dividend Yield of 2.40, NONG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
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
73.17% of the earnings are spent on dividend by NONG. 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.
DP73.17%
EPS Next 2Y-9.55%
EPS Next 3Y-5.56%
OSL:NONG (6/19/2025, 2:46:12 PM)
143.42
-3.48 (-2.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners38.64%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap14.40B
Analysts46.67
Price Target139.4 (-2.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
Yearly Dividend19.25
Dividend Growth(5Y)12.24%
DP73.17%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.28%
Min EPS beat(2)6.82%
Max EPS beat(2)37.75%
EPS beat(4)4
Avg EPS beat(4)30.76%
Min EPS beat(4)0.46%
Max EPS beat(4)78%
EPS beat(8)4
Avg EPS beat(8)8.67%
EPS beat(12)7
Avg EPS beat(12)13.29%
EPS beat(16)10
Avg EPS beat(16)14.29%
Revenue beat(2)2
Avg Revenue beat(2)6.73%
Min Revenue beat(2)4.64%
Max Revenue beat(2)8.82%
Revenue beat(4)4
Avg Revenue beat(4)7.88%
Min Revenue beat(4)0.68%
Max Revenue beat(4)17.37%
Revenue beat(8)6
Avg Revenue beat(8)3.03%
Revenue beat(12)9
Avg Revenue beat(12)3.94%
Revenue beat(16)12
Avg Revenue beat(16)5.34%
PT rev (1m)7.19%
PT rev (3m)8.75%
EPS NQ rev (1m)-1.89%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.63%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.58 | ||
| Fwd PE | 10.76 | ||
| P/S | 2.1 | ||
| P/FCF | 21.46 | ||
| P/OCF | 20.81 | ||
| P/B | 0.73 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | N/A |
EPS(TTM)16.72
EY11.66%
EPS(NY)13.33
Fwd EY9.29%
FCF(TTM)6.68
FCFY4.66%
OCF(TTM)6.89
OCFY4.81%
SpS68.42
BVpS197.75
TBVpS195.84
PEG (NY)N/A
PEG (5Y)0.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.24% | ||
| ROE | 8.7% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.15% | ||
| GM | N/A | ||
| FCFM | 9.77% |
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 | 1.24 | ||
| Debt/FCF | 36.66 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 25.61% | ||
| Cap/Sales | 0.31% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 38.85% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC3.53%
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)49.29%
EPS 3Y16.06%
EPS 5Y11.67%
EPS Q2Q%13.69%
EPS Next Y-16.21%
EPS Next 2Y-9.55%
EPS Next 3Y-5.56%
EPS Next 5YN/A
Revenue 1Y (TTM)20.68%
Revenue growth 3Y15.05%
Revenue growth 5Y9.65%
Sales Q2Q%8.13%
Revenue Next Year-3.37%
Revenue Next 2Y-1.74%
Revenue Next 3Y-0.89%
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 1Y309.15%
FCF growth 3Y8.72%
FCF growth 5YN/A
OCF growth 1Y198.28%
OCF growth 3Y8.93%
OCF growth 5YN/A