OLAV THON EIENDOMSSELSKAP AS (OLT.OL) Stock Fundamental Analysis
OSL:OLT - Euronext Oslo - NO0005638858 - Common Stock - Currency: NOK
Overall OLT gets a fundamental rating of 5 out of 10. We evaluated OLT against 74 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.
OLT had a positive operating cash flow in the past year.
OLT had positive earnings in 4 of the past 5 years.
Of the past 5 years OLT 4 years had a positive operating cash flow.
1.2 Ratios
OLT has a better Return On Assets (3.74%) than 86.49% of its industry peers.
Looking at the Return On Equity, with a value of 7.32%, OLT belongs to the top of the industry, outperforming 87.84% of the companies in the same industry.
OLT has a better Return On Invested Capital (4.45%) than 87.84% 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 4.02%.
The last Return On Invested Capital (4.45%) for OLT is above the 3 year average (4.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.74% | ||
| ROE | 7.32% | ||
| ROIC | 4.45% |
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
The Profit Margin of OLT (48.53%) is better than 89.19% of its industry peers.
In the last couple of years the Profit Margin of OLT has remained more or less at the same level.
Looking at the Operating Margin, with a value of 64.48%, OLT belongs to the top of the industry, outperforming 89.19% of the companies in the same industry.
In the last couple of years the Operating Margin of OLT has remained more or less at the same level.
With a decent Gross Margin value of 68.73%, OLT is doing good in the industry, outperforming 67.57% of the companies in the same industry.
In the last couple of years the Gross Margin of OLT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.48% | ||
| PM (TTM) | 48.53% | ||
| GM | 68.73% |
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
OLT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for OLT remains at a similar level compared to 1 year ago.
OLT has less shares outstanding than it did 5 years ago.
OLT has a better debt/assets ratio than last year.
2.2 Solvency
OLT has an Altman-Z score of 1.32. This is a bad value and indicates that OLT is not financially healthy and even has some risk of bankruptcy.
OLT has a Altman-Z score of 1.32. This is in the better half of the industry: OLT outperforms 71.62% of its industry peers.
OLT has a debt to FCF ratio of 12.46. This is a negative value and a sign of low solvency as OLT would need 12.46 years to pay back of all of its debts.
OLT has a Debt to FCF ratio of 12.46. This is in the better half of the industry: OLT outperforms 77.03% of its industry peers.
OLT has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.46, OLT is in the better half of the industry, outperforming 68.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 12.46 | ||
| Altman-Z | 1.32 |
ROIC/WACC0.66
WACC6.75%
2.3 Liquidity
OLT has a Current Ratio of 0.16. This is a bad value and indicates that OLT is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.16, OLT is doing worse than 81.08% of the companies in the same industry.
OLT has a Quick Ratio of 0.16. This is a bad value and indicates that OLT is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.16, OLT is doing worse than 79.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.16 | ||
| Quick Ratio | 0.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 319.78% over the past year.
The Earnings Per Share has been growing slightly by 4.32% on average over the past years.
OLT shows a small growth in Revenue. In the last year, the Revenue has grown by 1.01%.
The Revenue has been growing slightly by 4.70% on average over the past years.
EPS 1Y (TTM)319.78%
EPS 3Y-15.42%
EPS 5Y4.32%
EPS Q2Q%33.33%
Revenue 1Y (TTM)1.01%
Revenue growth 3Y7.54%
Revenue growth 5Y4.7%
Sales Q2Q%-27.37%
3.2 Future
Based on estimates for the next years, OLT will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.36% on average per year.
OLT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.79% yearly.
EPS Next Y5.15%
EPS Next 2Y8.7%
EPS Next 3Y-12.36%
EPS Next 5YN/A
Revenue Next Year3.46%
Revenue Next 2Y2.8%
Revenue Next 3Y-1.79%
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
With a Price/Earnings ratio of 17.67, OLT is valued on the expensive side.
Based on the Price/Earnings ratio, OLT is valued a bit cheaper than the industry average as 74.32% of the companies are valued more expensively.
OLT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.20.
With a Price/Forward Earnings ratio of 11.33, the valuation of OLT can be described as very reasonable.
77.03% of the companies in the same industry are more expensive than OLT, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, OLT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.67 | ||
| Fwd PE | 11.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OLT is valued cheaply inside the industry as 81.08% of the companies are valued more expensively.
64.86% of the companies in the same industry are more expensive than OLT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.23 | ||
| EV/EBITDA | 14.84 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of OLT may justify a higher PE ratio.
A cheap valuation may be justified as OLT's earnings are expected to decrease with -12.36% in the coming years.
PEG (NY)3.43
PEG (5Y)4.09
EPS Next 2Y8.7%
EPS Next 3Y-12.36%
5. Dividend
5.1 Amount
OLT has a Yearly Dividend Yield of 2.92%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.70, OLT pays a bit more dividend than its industry peers.
OLT's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
5.2 History
On average, the dividend of OLT grows each year by 8.90%, which is quite nice.
Dividend Growth(5Y)8.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
30.01% of the earnings are spent on dividend by OLT. This is a low number and sustainable payout ratio.
DP30.01%
EPS Next 2Y8.7%
EPS Next 3Y-12.36%
OSL:OLT (5/28/2025, 7:00:00 PM)
256
-1 (-0.39%)
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 Cap25.98B
Analysts83.33
Price Target295.8 (15.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
Yearly Dividend7.04
Dividend Growth(5Y)8.9%
DP30.01%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-33.93%
Min EPS beat(2)-40.04%
Max EPS beat(2)-27.82%
EPS beat(4)0
Avg EPS beat(4)-20.1%
Min EPS beat(4)-40.04%
Max EPS beat(4)-4.19%
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)-16.6%
Min Revenue beat(2)-25.56%
Max Revenue beat(2)-7.63%
Revenue beat(4)0
Avg Revenue beat(4)-14.55%
Min Revenue beat(4)-25.56%
Max Revenue beat(4)-4.02%
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-11.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.67 | ||
| Fwd PE | 11.33 | ||
| P/S | 5.3 | ||
| P/FCF | 15.23 | ||
| P/OCF | 15.23 | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 14.84 |
EPS(TTM)14.49
EY5.66%
EPS(NY)22.6
Fwd EY8.83%
FCF(TTM)16.81
FCFY6.57%
OCF(TTM)16.81
OCFY6.57%
SpS48.31
BVpS320.05
TBVpS320.05
PEG (NY)3.43
PEG (5Y)4.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.74% | ||
| ROE | 7.32% | ||
| ROCE | 5.68% | ||
| ROIC | 4.45% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 4.47% | ||
| OM | 64.48% | ||
| PM (TTM) | 48.53% | ||
| GM | 68.73% | ||
| FCFM | 34.8% |
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-Score4
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 12.46 | ||
| Debt/EBITDA | 4.69 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.47 | ||
| Cash Conversion | 53.75% | ||
| Profit Quality | 71.71% | ||
| Current Ratio | 0.16 | ||
| Quick Ratio | 0.16 | ||
| Altman-Z | 1.32 |
F-Score4
WACC6.75%
ROIC/WACC0.66
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)319.78%
EPS 3Y-15.42%
EPS 5Y4.32%
EPS Q2Q%33.33%
EPS Next Y5.15%
EPS Next 2Y8.7%
EPS Next 3Y-12.36%
EPS Next 5YN/A
Revenue 1Y (TTM)1.01%
Revenue growth 3Y7.54%
Revenue growth 5Y4.7%
Sales Q2Q%-27.37%
Revenue Next Year3.46%
Revenue Next 2Y2.8%
Revenue Next 3Y-1.79%
Revenue Next 5YN/A
EBIT growth 1Y-0.41%
EBIT growth 3Y7.01%
EBIT growth 5Y4.81%
EBIT Next Year3.46%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y19.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y19.47%
OCF growth 3YN/A
OCF growth 5YN/A