SPAREBANK 1 RINGERIKE HADELA (RING.OL) Stock Fundamental Analysis
OSL:RING - Euronext Oslo - NO0006390400 - Common Stock - Currency: NOK
Taking everything into account, RING scores 4 out of 10 in our fundamental rating. RING was compared to 91 industry peers in the Banks industry. Both the profitability and the financial health of RING get a neutral evaluation. Nothing too spectacular is happening here. RING has a decent growth rate and is not valued too expensively. RING also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year RING was profitable.
RING had a positive operating cash flow in the past year.
Each year in the past 5 years RING has been profitable.
In the past 5 years RING always reported a positive cash flow from operatings.
1.2 Ratios
RING's Return On Assets of 2.17% is amongst the best of the industry. RING outperforms 96.70% of its industry peers.
RING's Return On Equity of 12.95% is fine compared to the rest of the industry. RING outperforms 67.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 12.95% | ||
| ROIC | N/A |
ROA(3y)1.68%
ROA(5y)1.58%
ROE(3y)10.62%
ROE(5y)10.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
RING has a better Profit Margin (48.76%) than 98.90% of its industry peers.
RING's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for RING so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 48.76% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.62%
PM growth 5Y1.24%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for RING remains at a similar level compared to 1 year ago.
Compared to 5 years ago, RING has less shares outstanding
The debt/assets ratio for RING has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of RING is 3.28, which is a good value as it means it would take RING, 3.28 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.28, RING belongs to the top of the industry, outperforming 94.51% of the companies in the same industry.
RING has a Debt/Equity ratio of 0.92. This is a neutral value indicating RING is somewhat dependend on debt financing.
RING has a Debt to Equity ratio of 0.92. This is in the better half of the industry: RING outperforms 78.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 3.28 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
RING shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.16%, which is quite impressive.
Measured over the past years, RING shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.59% on average per year.
RING shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.10%.
Measured over the past years, RING shows a quite strong growth in Revenue. The Revenue has been growing by 9.25% on average per year.
EPS 1Y (TTM)45.16%
EPS 3Y16.43%
EPS 5Y10.59%
EPS Q2Q%1.78%
Revenue 1Y (TTM)28.1%
Revenue growth 3Y14.59%
Revenue growth 5Y9.25%
Sales Q2Q%2.52%
3.2 Future
The Earnings Per Share is expected to decrease by -5.72% on average over the next years.
Based on estimates for the next years, RING will show a decrease in Revenue. The Revenue will decrease by -0.15% on average per year.
EPS Next Y-13%
EPS Next 2Y-6.97%
EPS Next 3Y-5.72%
EPS Next 5YN/A
Revenue Next Year-0.89%
Revenue Next 2Y-1.2%
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
Based on the Price/Earnings ratio of 8.62, the valuation of RING can be described as reasonable.
RING's Price/Earnings ratio is a bit cheaper when compared to the industry. RING is cheaper than 70.33% of the companies in the same industry.
RING is valuated cheaply when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
RING is valuated reasonably with a Price/Forward Earnings ratio of 10.00.
The rest of the industry has a similar Price/Forward Earnings ratio as RING.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.28, RING is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.62 | ||
| Fwd PE | 10 |
4.2 Price Multiples
RING's Price/Free Cash Flow ratio is rather cheap when compared to the industry. RING is cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as RING's earnings are expected to decrease with -5.72% in the coming years.
PEG (NY)N/A
PEG (5Y)0.81
EPS Next 2Y-6.97%
EPS Next 3Y-5.72%
5. Dividend
5.1 Amount
RING has a Yearly Dividend Yield of 7.85%, which is a nice return.
Compared to an average industry Dividend Yield of 5.02, RING pays a better dividend. On top of this RING pays more dividend than 94.51% of the companies listed in the same industry.
RING's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.85% |
5.2 History
On average, the dividend of RING grows each year by 14.08%, which is quite nice.
Dividend Growth(5Y)14.08%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
RING pays out 47.10% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP47.1%
EPS Next 2Y-6.97%
EPS Next 3Y-5.72%
OSL:RING (8/5/2025, 7:00:00 PM)
378.5
+5.5 (+1.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners9.75%
Inst Owner ChangeN/A
Ins Owners2.46%
Ins Owner ChangeN/A
Market Cap5.92B
Analysts45.45
Price Target394.23 (4.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.85% |
Yearly Dividend20.57
Dividend Growth(5Y)14.08%
DP47.1%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.01%
Min EPS beat(2)25.77%
Max EPS beat(2)42.25%
EPS beat(4)3
Avg EPS beat(4)14.22%
Min EPS beat(4)-16.03%
Max EPS beat(4)42.25%
EPS beat(8)4
Avg EPS beat(8)1.06%
EPS beat(12)5
Avg EPS beat(12)-0.4%
EPS beat(16)8
Avg EPS beat(16)4.18%
Revenue beat(2)1
Avg Revenue beat(2)7.66%
Min Revenue beat(2)-7.19%
Max Revenue beat(2)22.51%
Revenue beat(4)1
Avg Revenue beat(4)2.31%
Min Revenue beat(4)-7.19%
Max Revenue beat(4)22.51%
Revenue beat(8)2
Avg Revenue beat(8)-1.53%
Revenue beat(12)4
Avg Revenue beat(12)-0.69%
Revenue beat(16)8
Avg Revenue beat(16)1.88%
PT rev (1m)0%
PT rev (3m)0.65%
EPS NQ rev (1m)6.56%
EPS NQ rev (3m)-10.57%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.11%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)1.06%
Revenue NY rev (3m)1.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.62 | ||
| Fwd PE | 10 | ||
| P/S | 4.23 | ||
| P/FCF | 4 | ||
| P/OCF | 4 | ||
| P/B | 1.12 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | N/A |
EPS(TTM)43.91
EY11.6%
EPS(NY)37.86
Fwd EY10%
FCF(TTM)94.63
FCFY25%
OCF(TTM)94.63
OCFY25%
SpS89.58
BVpS337.38
TBVpS333.04
PEG (NY)N/A
PEG (5Y)0.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 12.95% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 48.76% | ||
| GM | N/A | ||
| FCFM | 105.64% |
ROA(3y)1.68%
ROA(5y)1.58%
ROE(3y)10.62%
ROE(5y)10.26%
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 3Y1.62%
PM growth 5Y1.24%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 3.28 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 216.64% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)107.91%
Profit Quality(5y)93.45%
High Growth Momentum
Growth
EPS 1Y (TTM)45.16%
EPS 3Y16.43%
EPS 5Y10.59%
EPS Q2Q%1.78%
EPS Next Y-13%
EPS Next 2Y-6.97%
EPS Next 3Y-5.72%
EPS Next 5YN/A
Revenue 1Y (TTM)28.1%
Revenue growth 3Y14.59%
Revenue growth 5Y9.25%
Sales Q2Q%2.52%
Revenue Next Year-0.89%
Revenue Next 2Y-1.2%
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 1Y377.74%
FCF growth 3Y39.82%
FCF growth 5Y120.83%
OCF growth 1Y377.74%
OCF growth 3Y39.39%
OCF growth 5Y116.55%