OLAV THON EIENDOMSSELSKAP AS (OLT.OL) Stock Fundamental Analysis
OSL:OLT - Euronext Oslo - NO0005638858 - Common Stock - Currency: NOK
We assign a fundamental rating of 4 out of 10 to OLT. OLT was compared to 64 industry peers in the Real Estate Management & Development industry. While OLT belongs to the best of the industry regarding profitability, there are concerns on its financial health. OLT has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year OLT was profitable.
In the past year OLT has reported a negative cash flow from operations.
Of the past 5 years OLT 4 years were profitable.
OLT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of OLT (3.54%) is better than 85.71% of its industry peers.
OLT has a better Return On Equity (7.06%) than 87.30% of its industry peers.
OLT has a Return On Invested Capital of 4.22%. This is amongst the best in the industry. OLT outperforms 85.71% of its industry peers.
OLT had an Average Return On Invested Capital over the past 3 years of 4.07%. This is in line with the industry average of 4.70%.
The 3 year average ROIC (4.07%) for OLT is below the current ROIC(4.22%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 7.06% | ||
| ROIC | 4.22% |
ROA(3y)1.62%
ROA(5y)2.3%
ROE(3y)3.15%
ROE(5y)4.56%
ROIC(3y)4.07%
ROIC(5y)3.88%
1.3 Margins
With an excellent Profit Margin value of 45.71%, OLT belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
OLT's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 63.80%, OLT belongs to the top of the industry, outperforming 87.30% of the companies in the same industry.
OLT's Operating Margin has been stable in the last couple of years.
OLT has a Gross Margin of 67.85%. This is in the better half of the industry: OLT outperforms 68.25% of its industry peers.
OLT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 63.8% | ||
| PM (TTM) | 45.71% | ||
| GM | 67.85% |
OM growth 3Y-0.49%
OM growth 5Y0.1%
PM growth 3Y-21.9%
PM growth 5Y-0.89%
GM growth 3Y-1.61%
GM growth 5Y-1.38%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), OLT is destroying value.
OLT has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, OLT has less shares outstanding
The debt/assets ratio for OLT has been reduced compared to a year ago.
2.2 Solvency
OLT has an Altman-Z score of 1.36. This is a bad value and indicates that OLT is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.36, OLT is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that OLT is somewhat dependend on debt financing.
OLT has a Debt to Equity ratio of 0.57. This is in the better half of the industry: OLT outperforms 69.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.36 |
ROIC/WACC0.62
WACC6.81%
2.3 Liquidity
OLT has a Current Ratio of 0.29. This is a bad value and indicates that OLT is not financially healthy enough and could expect problems in meeting its short term obligations.
OLT has a worse Current ratio (0.29) than 76.19% of its industry peers.
OLT has a Quick Ratio of 0.29. This is a bad value and indicates that OLT is not financially healthy enough and could expect problems in meeting its short term obligations.
OLT has a Quick ratio of 0.29. This is in the lower half of the industry: OLT underperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
OLT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 130.04%, which is quite impressive.
Measured over the past years, OLT shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.40% on average per year.
OLT shows a small growth in Revenue. In the last year, the Revenue has grown by 1.39%.
Measured over the past years, OLT shows a small growth in Revenue. The Revenue has been growing by 5.42% on average per year.
EPS 1Y (TTM)130.04%
EPS 3Y27.4%
EPS 5YN/A
EPS Q2Q%-86.83%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y8.07%
Revenue growth 5Y5.42%
Sales Q2Q%1.16%
3.2 Future
The Earnings Per Share is expected to decrease by -24.38% on average over the next years. This is quite bad
Based on estimates for the next years, OLT will show a decrease in Revenue. The Revenue will decrease by -3.64% on average per year.
EPS Next Y-51.43%
EPS Next 2Y-28.54%
EPS Next 3Y-16.9%
EPS Next 5Y-24.38%
Revenue Next Year-8.97%
Revenue Next 2Y-2.95%
Revenue Next 3Y-1.28%
Revenue Next 5Y-3.64%
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.
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
A Price/Earnings ratio of 6.47 indicates a rather cheap valuation of OLT.
96.83% of the companies in the same industry are more expensive than OLT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of OLT to the average of the S&P500 Index (28.18), we can say OLT is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.68, OLT is valued correctly.
73.02% of the companies in the same industry are more expensive than OLT, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of OLT to the average of the S&P500 Index (20.81), we can say OLT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.47 | ||
| Fwd PE | 12.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OLT is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.13 |
4.3 Compensation for Growth
The decent profitability rating of OLT may justify a higher PE ratio.
OLT's earnings are expected to decrease with -16.90% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-28.54%
EPS Next 3Y-16.9%
5. Dividend
5.1 Amount
OLT has a Yearly Dividend Yield of 2.81%.
Compared to an average industry Dividend Yield of 7.23, OLT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, OLT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
5.2 History
The dividend of OLT is nicely growing with an annual growth rate of 8.90%!
Dividend Growth(5Y)8.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
OLT pays out 31.96% of its income as dividend. This is a sustainable payout ratio.
DP31.96%
EPS Next 2Y-28.54%
EPS Next 3Y-16.9%
OSL:OLT (5/2/2025, 7:00:00 PM)
255
-3 (-1.16%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners10.94%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap25.88B
Analysts83.33
Price Target295.8 (16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
Yearly Dividend7.04
Dividend Growth(5Y)8.9%
DP31.96%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.09%
Min EPS beat(2)-27.82%
Max EPS beat(2)-8.36%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-23.27%
Min Revenue beat(2)-25.56%
Max Revenue beat(2)-20.97%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)6.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)6.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-9.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.47 | ||
| Fwd PE | 12.68 | ||
| P/S | 5.3 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.82 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 15.13 |
EPS(TTM)39.39
EY15.45%
EPS(NY)20.11
Fwd EY7.89%
FCF(TTM)-39.27
FCFYN/A
OCF(TTM)-39.27
OCFYN/A
SpS48.16
BVpS311.98
TBVpS311.98
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 7.06% | ||
| ROCE | 5.38% | ||
| ROIC | 4.22% | ||
| ROICexc | 4.22% | ||
| ROICexgc | 4.22% | ||
| OM | 63.8% | ||
| PM (TTM) | 45.71% | ||
| GM | 67.85% | ||
| FCFM | N/A |
ROA(3y)1.62%
ROA(5y)2.3%
ROE(3y)3.15%
ROE(5y)4.56%
ROIC(3y)4.07%
ROIC(5y)3.88%
ROICexc(3y)4.08%
ROICexc(5y)3.9%
ROICexgc(3y)4.08%
ROICexgc(5y)3.9%
ROCE(3y)5.19%
ROCE(5y)4.95%
ROICexcg growth 3Y6.01%
ROICexcg growth 5Y2.95%
ROICexc growth 3Y6.01%
ROICexc growth 5Y2.94%
OM growth 3Y-0.49%
OM growth 5Y0.1%
PM growth 3Y-21.9%
PM growth 5Y-0.89%
GM growth 3Y-1.61%
GM growth 5Y-1.38%
F-Score3
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.8 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.49 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | 1.36 |
F-Score3
WACC6.81%
ROIC/WACC0.62
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)130.04%
EPS 3Y27.4%
EPS 5YN/A
EPS Q2Q%-86.83%
EPS Next Y-51.43%
EPS Next 2Y-28.54%
EPS Next 3Y-16.9%
EPS Next 5Y-24.38%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y8.07%
Revenue growth 5Y5.42%
Sales Q2Q%1.16%
Revenue Next Year-8.97%
Revenue Next 2Y-2.95%
Revenue Next 3Y-1.28%
Revenue Next 5Y-3.64%
EBIT growth 1Y-1.3%
EBIT growth 3Y7.01%
EBIT growth 5Y4.81%
EBIT Next Year3.46%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-296.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-296.3%
OCF growth 3YN/A
OCF growth 5YN/A