OLAV THON EIENDOMSSELSKAP AS (OLT.OL) Fundamental Analysis & Valuation
OSL:OLT • NO0005638858
335 NOK
+1 (+0.3%)
Last: Jan 28, 2026, 07:00 PM
This OLT.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, OLT scores 4 out of 10 in our fundamental rating. OLT was compared to 73 industry peers in the Real Estate Management & Development industry. OLT has an excellent profitability rating, but there are concerns on its financial health. OLT has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. OLT.OL Profitability Analysis
1.1 Basic Checks
- OLT had positive earnings in the past year.
- In the past year OLT had a positive cash flow from operations.
- OLT had positive earnings in 4 of the past 5 years.
- OLT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.76%, OLT is in the better half of the industry, outperforming 78.79% of the companies in the same industry.
- OLT's Return On Equity of 7.48% is fine compared to the rest of the industry. OLT outperforms 78.79% of its industry peers.
- The Return On Invested Capital of OLT (4.34%) is better than 87.88% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for OLT is in line with the industry average of 4.07%.
- The last Return On Invested Capital (4.34%) for OLT is above the 3 year average (4.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 7.48% | ||
| ROIC | 4.34% |
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
- OLT's Profit Margin of 48.22% is fine compared to the rest of the industry. OLT outperforms 78.79% of its industry peers.
- In the last couple of years the Profit Margin of OLT has remained more or less at the same level.
- OLT has a Operating Margin of 63.68%. This is amongst the best in the industry. OLT outperforms 86.36% of its industry peers.
- In the last couple of years the Operating Margin of OLT has remained more or less at the same level.
- OLT has a better Gross Margin (68.27%) than 60.61% of its industry peers.
- 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 | 63.68% | ||
| PM (TTM) | 48.22% | ||
| GM | 68.27% |
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. OLT.OL Health Analysis
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.
- Compared to 1 year ago, OLT has an improved debt to assets ratio.
2.2 Solvency
- OLT has an Altman-Z score of 1.48. 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 1.48, OLT is in the better half of the industry, outperforming 74.24% of the companies in the same industry.
- OLT has a debt to FCF ratio of 12.41. This is a negative value and a sign of low solvency as OLT would need 12.41 years to pay back of all of its debts.
- The Debt to FCF ratio of OLT (12.41) is better than 68.18% of its industry peers.
- A Debt/Equity ratio of 0.53 indicates that OLT is somewhat dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.53, OLT is doing good in the industry, outperforming 71.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 12.41 | ||
| Altman-Z | 1.48 |
ROIC/WACC0.62
WACC7.03%
2.3 Liquidity
- OLT has a Current Ratio of 0.21. This is a bad value and indicates that OLT is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of OLT (0.21) is worse than 83.33% of its industry peers.
- OLT has a Quick Ratio of 0.21. 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's Quick ratio of 0.18 is on the low side compared to the rest of the industry. OLT is outperformed by 80.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.18 |
3. OLT.OL Growth Analysis
3.1 Past
- OLT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 2378.70%, which is quite impressive.
- Measured over the past 5 years, OLT shows a small growth in Earnings Per Share. The EPS has been growing by 4.32% on average per year.
- The Revenue has been growing slightly by 3.19% in the past year.
- Measured over the past years, OLT shows a small growth in Revenue. The Revenue has been growing by 4.70% on average per year.
EPS 1Y (TTM)2378.7%
EPS 3Y-15.42%
EPS 5Y4.32%
EPS Q2Q%20.6%
Revenue 1Y (TTM)3.19%
Revenue growth 3Y7.54%
Revenue growth 5Y4.7%
Sales Q2Q%31.18%
3.2 Future
- Based on estimates for the next years, OLT will show a small growth in Earnings Per Share. The EPS will grow by 4.86% on average per year.
- OLT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.48% yearly.
EPS Next Y-7.92%
EPS Next 2Y11.64%
EPS Next 3Y4.86%
EPS Next 5YN/A
Revenue Next Year-9.24%
Revenue Next 2Y-3.66%
Revenue Next 3Y-1.48%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- 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. OLT.OL Valuation Analysis
4.1 Price/Earnings Ratio
- OLT is valuated rather expensively with a Price/Earnings ratio of 21.19.
- OLT's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.74, OLT is valued a bit cheaper.
- With a Price/Forward Earnings ratio of 14.05, OLT is valued correctly.
- 69.70% 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 (24.82), we can say OLT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.19 | ||
| Fwd PE | 14.05 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, OLT is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
- The rest of the industry has a similar Price/Free Cash Flow ratio as OLT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.05 | ||
| EV/EBITDA | 17.46 |
4.3 Compensation for Growth
- OLT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)4.91
EPS Next 2Y11.64%
EPS Next 3Y4.86%
5. OLT.OL Dividend Analysis
5.1 Amount
- OLT has a Yearly Dividend Yield of 2.16%. Purely for dividend investing, there may be better candidates out there.
- OLT's Dividend Yield is comparable with the industry average which is at 4.23.
- OLT's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
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 30.76% of its income as dividend. This is a sustainable payout ratio.
- The dividend of OLT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP30.76%
EPS Next 2Y11.64%
EPS Next 3Y4.86%
OLT.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:OLT (1/28/2026, 7:00:00 PM)
335
+1 (+0.3%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-10 2026-02-10
Inst Owners8.37%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap34.00B
Revenue(TTM)5.02B
Net Income(TTM)2.42B
Analysts76.67
Price Target346.8 (3.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
Yearly Dividend7.04
Dividend Growth(5Y)8.9%
DP30.76%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.23%
Min EPS beat(2)-10.96%
Max EPS beat(2)8.5%
EPS beat(4)1
Avg EPS beat(4)-17.58%
Min EPS beat(4)-40.04%
Max EPS beat(4)8.5%
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)-1.92%
Min Revenue beat(2)-2.89%
Max Revenue beat(2)-0.96%
Revenue beat(4)1
Avg Revenue beat(4)-6.97%
Min Revenue beat(4)-25.56%
Max Revenue beat(4)1.53%
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)0.74%
PT rev (3m)2.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.19%
EPS NY rev (1m)-8.31%
EPS NY rev (3m)-13.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.19 | ||
| Fwd PE | 14.05 | ||
| P/S | 6.78 | ||
| P/FCF | 19.05 | ||
| P/OCF | 19.05 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 17.46 |
EPS(TTM)15.81
EY4.72%
EPS(NY)23.84
Fwd EY7.12%
FCF(TTM)17.59
FCFY5.25%
OCF(TTM)17.59
OCFY5.25%
SpS49.44
BVpS318.64
TBVpS318.64
PEG (NY)N/A
PEG (5Y)4.91
Graham Number336.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 7.48% | ||
| ROCE | 5.54% | ||
| ROIC | 4.34% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.35% | ||
| OM | 63.68% | ||
| PM (TTM) | 48.22% | ||
| GM | 68.27% | ||
| FCFM | 35.58% |
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%
ROICexgc growth 3Y6.01%
ROICexgc 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-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 12.41 | ||
| Debt/EBITDA | 5.33 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.63 | ||
| Cash Conversion | 55.64% | ||
| Profit Quality | 73.79% | ||
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.18 | ||
| Altman-Z | 1.48 |
F-Score5
WACC7.03%
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)2378.7%
EPS 3Y-15.42%
EPS 5Y4.32%
EPS Q2Q%20.6%
EPS Next Y-7.92%
EPS Next 2Y11.64%
EPS Next 3Y4.86%
EPS Next 5YN/A
Revenue 1Y (TTM)3.19%
Revenue growth 3Y7.54%
Revenue growth 5Y4.7%
Sales Q2Q%31.18%
Revenue Next Year-9.24%
Revenue Next 2Y-3.66%
Revenue Next 3Y-1.48%
Revenue Next 5YN/A
EBIT growth 1Y1.17%
EBIT growth 3Y7.01%
EBIT growth 5Y4.81%
EBIT Next Year3.4%
EBIT Next 3Y2.43%
EBIT Next 5YN/A
FCF growth 1Y-14.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-14.27%
OCF growth 3YN/A
OCF growth 5YN/A
OLAV THON EIENDOMSSELSKAP AS / OLT.OL FAQ
What is the ChartMill fundamental rating of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to OLT.OL.
What is the valuation status of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
ChartMill assigns a valuation rating of 4 / 10 to OLAV THON EIENDOMSSELSKAP AS (OLT.OL). This can be considered as Fairly Valued.
How profitable is OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
OLAV THON EIENDOMSSELSKAP AS (OLT.OL) has a profitability rating of 7 / 10.
What is the expected EPS growth for OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
The Earnings per Share (EPS) of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) is expected to decline by -7.92% in the next year.
How sustainable is the dividend of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) stock?
The dividend rating of OLAV THON EIENDOMSSELSKAP AS (OLT.OL) is 4 / 10 and the dividend payout ratio is 30.76%.