SPAREBANK 1 RINGERIKE HADELA (RING.OL) Fundamental Analysis & Valuation

OSL:RING • NO0006390400

Current stock price

441 NOK
-5 (-1.12%)
Last:

This RING.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. RING.OL Profitability Analysis

1.1 Basic Checks

  • RING had positive earnings in the past year.
  • In the past year RING had a positive cash flow from operations.
  • In the past 5 years RING has always been profitable.
  • In the past 5 years RING always reported a positive cash flow from operatings.
RING.OL Yearly Net Income VS EBIT VS OCF VS FCFRING.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.18%, RING belongs to the top of the industry, outperforming 96.23% of the companies in the same industry.
  • RING has a better Return On Equity (12.93%) than 66.98% of its industry peers.
Industry RankSector Rank
ROA 2.18%
ROE 12.93%
ROIC N/A
ROA(3y)1.94%
ROA(5y)1.75%
ROE(3y)11.77%
ROE(5y)11.03%
ROIC(3y)N/A
ROIC(5y)N/A
RING.OL Yearly ROA, ROE, ROICRING.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 49.00%, RING belongs to the top of the industry, outperforming 96.23% of the companies in the same industry.
  • In the last couple of years the Profit Margin of RING has grown nicely.
  • RING does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 49%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.67%
PM growth 5Y2.96%
GM growth 3YN/A
GM growth 5YN/A
RING.OL Yearly Profit, Operating, Gross MarginsRING.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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3

2. RING.OL Health Analysis

2.1 Basic Checks

  • RING does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • RING has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for RING has been reduced compared to 5 years ago.
  • The debt/assets ratio for RING has been reduced compared to a year ago.
RING.OL Yearly Shares OutstandingRING.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M
RING.OL Yearly Total Debt VS Total AssetsRING.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • RING has a debt to FCF ratio of 4.01. This is a neutral value as RING would need 4.01 years to pay back of all of its debts.
  • RING has a better Debt to FCF ratio (4.01) than 90.57% of its industry peers.
  • A Debt/Equity ratio of 0.74 indicates that RING is somewhat dependend on debt financing.
  • The Debt to Equity ratio of RING (0.74) is better than 79.25% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF 4.01
Altman-Z N/A
ROIC/WACCN/A
WACC6.55%
RING.OL Yearly LT Debt VS Equity VS FCFRING.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
RING.OL Yearly Current Assets VS Current LiabilitesRING.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. RING.OL Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 4.34% over the past year.
  • The Earnings Per Share has been growing by 14.93% on average over the past years. This is quite good.
  • RING shows a small growth in Revenue. In the last year, the Revenue has grown by 4.14%.
  • Measured over the past years, RING shows a quite strong growth in Revenue. The Revenue has been growing by 11.60% on average per year.
EPS 1Y (TTM)4.34%
EPS 3Y20.38%
EPS 5Y14.93%
EPS Q2Q%5.14%
Revenue 1Y (TTM)4.14%
Revenue growth 3Y15.03%
Revenue growth 5Y11.6%
Sales Q2Q%18.46%

3.2 Future

  • The Earnings Per Share is expected to decrease by -4.96% on average over the next years.
  • RING is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.72% yearly.
EPS Next Y-18.91%
EPS Next 2Y-8.95%
EPS Next 3Y-4.96%
EPS Next 5YN/A
Revenue Next Year1.17%
Revenue Next 2Y2.02%
Revenue Next 3Y2.72%
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.
  • 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.
RING.OL Yearly Revenue VS EstimatesRING.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B
RING.OL Yearly EPS VS EstimatesRING.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 10 20 30 40

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4

4. RING.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 9.66, which indicates a very decent valuation of RING.
  • Compared to the rest of the industry, the Price/Earnings ratio of RING indicates a somewhat cheap valuation: RING is cheaper than 66.98% of the companies listed in the same industry.
  • RING's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.21.
  • RING is valuated reasonably with a Price/Forward Earnings ratio of 11.91.
  • Based on the Price/Forward Earnings ratio, RING is valued a bit more expensive than the industry average as 66.98% of the companies are valued more cheaply.
  • RING is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.66
Fwd PE 11.91
RING.OL Price Earnings VS Forward Price EarningsRING.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • RING's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RING is cheaper than 75.47% of the companies in the same industry.
Industry RankSector Rank
P/FCF 6.74
EV/EBITDA N/A
RING.OL Per share dataRING.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300

4.3 Compensation for Growth

  • A cheap valuation may be justified as RING's earnings are expected to decrease with -4.96% in the coming years.
PEG (NY)N/A
PEG (5Y)0.65
EPS Next 2Y-8.95%
EPS Next 3Y-4.96%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. RING.OL Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 9.97%, RING is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 4.88, RING pays a better dividend. On top of this RING pays more dividend than 98.11% 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 1.89.
Industry RankSector Rank
Dividend Yield 9.97%

5.2 History

  • On average, the dividend of RING grows each year by 18.15%, which is quite nice.
Dividend Growth(5Y)18.15%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • RING pays out 67.37% of its income as dividend. This is not a sustainable payout ratio.
  • The Dividend Rate of RING has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP67.37%
EPS Next 2Y-8.95%
EPS Next 3Y-4.96%
RING.OL Yearly Income VS Free CF VS DividendRING.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B
RING.OL Dividend Payout.RING.OL Dividend Payout, showing the Payout Ratio.RING.OL Dividend Payout.PayoutRetained Earnings

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RING.OL Fundamentals: All Metrics, Ratios and Statistics

SPAREBANK 1 RINGERIKE HADELA

OSL:RING (4/7/2026, 7:00:00 PM)

441

-5 (-1.12%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-13
Earnings (Next)05-06
Inst Owners9.02%
Inst Owner ChangeN/A
Ins Owners2.32%
Ins Owner ChangeN/A
Market Cap6.90B
Revenue(TTM)1.46B
Net Income(TTM)715.45M
Analysts45.45
Price Target423.3 (-4.01%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 9.97%
Yearly Dividend30.8
Dividend Growth(5Y)18.15%
DP67.37%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.97%
Min EPS beat(2)14.23%
Max EPS beat(2)25.71%
EPS beat(4)3
Avg EPS beat(4)18.07%
Min EPS beat(4)-6.4%
Max EPS beat(4)38.72%
EPS beat(8)6
Avg EPS beat(8)16.14%
EPS beat(12)7
Avg EPS beat(12)6.73%
EPS beat(16)8
Avg EPS beat(16)4.22%
Revenue beat(2)2
Avg Revenue beat(2)6.95%
Min Revenue beat(2)3.34%
Max Revenue beat(2)10.55%
Revenue beat(4)4
Avg Revenue beat(4)9.66%
Min Revenue beat(4)0.66%
Max Revenue beat(4)24.1%
Revenue beat(8)5
Avg Revenue beat(8)5.99%
Revenue beat(12)6
Avg Revenue beat(12)2.2%
Revenue beat(16)8
Avg Revenue beat(16)1.9%
PT rev (1m)2.47%
PT rev (3m)4.67%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)8.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.35%
Revenue NY rev (3m)1.83%
Valuation
Industry RankSector Rank
PE 9.66
Fwd PE 11.91
P/S 4.73
P/FCF 6.74
P/OCF 6.54
P/B 1.25
P/tB 1.26
EV/EBITDA N/A
EPS(TTM)45.65
EY10.35%
EPS(NY)37.02
Fwd EY8.39%
FCF(TTM)65.43
FCFY14.84%
OCF(TTM)67.41
OCFY15.29%
SpS93.29
BVpS353.61
TBVpS349.33
PEG (NY)N/A
PEG (5Y)0.65
Graham Number602.66
Profitability
Industry RankSector Rank
ROA 2.18%
ROE 12.93%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 49%
GM N/A
FCFM 70.14%
ROA(3y)1.94%
ROA(5y)1.75%
ROE(3y)11.77%
ROE(5y)11.03%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.67%
PM growth 5Y2.96%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF 4.01
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 2.12%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 143.13%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score8
WACC6.55%
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)142.9%
Profit Quality(5y)118.4%
High Growth Momentum
Growth
EPS 1Y (TTM)4.34%
EPS 3Y20.38%
EPS 5Y14.93%
EPS Q2Q%5.14%
EPS Next Y-18.91%
EPS Next 2Y-8.95%
EPS Next 3Y-4.96%
EPS Next 5YN/A
Revenue 1Y (TTM)4.14%
Revenue growth 3Y15.03%
Revenue growth 5Y11.6%
Sales Q2Q%18.46%
Revenue Next Year1.17%
Revenue Next 2Y2.02%
Revenue Next 3Y2.72%
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 1Y-30.86%
FCF growth 3Y86.84%
FCF growth 5Y72.89%
OCF growth 1Y-28.76%
OCF growth 3Y88.71%
OCF growth 5Y52.65%

SPAREBANK 1 RINGERIKE HADELA / RING.OL Fundamental Analysis FAQ

What is the fundamental rating for RING stock?

ChartMill assigns a fundamental rating of 4 / 10 to RING.OL.


What is the valuation status for RING stock?

ChartMill assigns a valuation rating of 4 / 10 to SPAREBANK 1 RINGERIKE HADELA (RING.OL). This can be considered as Fairly Valued.


Can you provide the profitability details for SPAREBANK 1 RINGERIKE HADELA?

SPAREBANK 1 RINGERIKE HADELA (RING.OL) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for RING stock?

The Price/Earnings (PE) ratio for SPAREBANK 1 RINGERIKE HADELA (RING.OL) is 9.66 and the Price/Book (PB) ratio is 1.25.


Can you provide the dividend sustainability for RING stock?

The dividend rating of SPAREBANK 1 RINGERIKE HADELA (RING.OL) is 7 / 10 and the dividend payout ratio is 67.37%.