SATS ASA (SATS.OL) Stock Fundamental Analysis
OSL:SATS - Euronext Oslo - NO0010863285 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to SATS. SATS was compared to 58 industry peers in the Hotels, Restaurants & Leisure industry. SATS has an excellent profitability rating, but there are concerns on its financial health. SATS scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year SATS was profitable.
SATS had a positive operating cash flow in the past year.
In multiple years SATS reported negative net income over the last 5 years.
In the past 5 years SATS always reported a positive cash flow from operatings.
1.2 Ratios
SATS's Return On Assets of 3.71% is fine compared to the rest of the industry. SATS outperforms 60.34% of its industry peers.
The Return On Equity of SATS (25.60%) is better than 87.93% of its industry peers.
SATS has a better Return On Invested Capital (8.05%) than 67.24% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SATS is significantly below the industry average of 10.82%.
The last Return On Invested Capital (8.05%) for SATS is above the 3 year average (4.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.71% | ||
| ROE | 25.6% | ||
| ROIC | 8.05% |
ROA(3y)1.05%
ROA(5y)-1.17%
ROE(3y)5.86%
ROE(5y)-22.54%
ROIC(3y)4.85%
ROIC(5y)N/A
1.3 Margins
SATS has a Profit Margin of 6.66%. This is in the better half of the industry: SATS outperforms 60.34% of its industry peers.
SATS's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 14.79%, SATS is doing good in the industry, outperforming 75.86% of the companies in the same industry.
SATS's Operating Margin has improved in the last couple of years.
SATS's Gross Margin of 97.27% is amongst the best of the industry. SATS outperforms 94.83% of its industry peers.
SATS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.79% | ||
| PM (TTM) | 6.66% | ||
| GM | 97.27% |
OM growth 3YN/A
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5Y6.54%
GM growth 3Y0.15%
GM growth 5Y0.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SATS is creating some value.
Compared to 1 year ago, SATS has about the same amount of shares outstanding.
The number of shares outstanding for SATS has been increased compared to 5 years ago.
Compared to 1 year ago, SATS has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.94, we must say that SATS is in the distress zone and has some risk of bankruptcy.
SATS has a Altman-Z score of 0.94. This is in the lower half of the industry: SATS underperforms 62.07% of its industry peers.
SATS has a debt to FCF ratio of 3.96. This is a good value and a sign of high solvency as SATS would need 3.96 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.96, SATS is in the better half of the industry, outperforming 75.86% of the companies in the same industry.
SATS has a Debt/Equity ratio of 4.11. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 4.11, SATS is not doing good in the industry: 65.52% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 0.94 |
ROIC/WACC1.3
WACC6.21%
2.3 Liquidity
SATS has a Current Ratio of 0.40. This is a bad value and indicates that SATS is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of SATS (0.40) is worse than 75.86% of its industry peers.
SATS has a Quick Ratio of 0.40. This is a bad value and indicates that SATS is not financially healthy enough and could expect problems in meeting its short term obligations.
SATS's Quick ratio of 0.38 is on the low side compared to the rest of the industry. SATS is outperformed by 75.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.38 |
3. Growth
3.1 Past
SATS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 46.09%, which is quite impressive.
SATS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.89% yearly.
Looking at the last year, SATS shows a small growth in Revenue. The Revenue has grown by 7.00% in the last year.
The Revenue has been growing slightly by 4.90% on average over the past years.
EPS 1Y (TTM)46.09%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%24.32%
Revenue 1Y (TTM)7%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%7.81%
3.2 Future
The Earnings Per Share is expected to grow by 25.38% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 6.04% on average over the next years.
EPS Next Y46.52%
EPS Next 2Y31.36%
EPS Next 3Y25.38%
EPS Next 5YN/A
Revenue Next Year7.87%
Revenue Next 2Y6.75%
Revenue Next 3Y6.04%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.68 indicates a rather expensive valuation of SATS.
Based on the Price/Earnings ratio, SATS is valued a bit cheaper than 68.97% of the companies in the same industry.
When comparing the Price/Earnings ratio of SATS to the average of the S&P500 Index (26.99), we can say SATS is valued inline with the index average.
The Price/Forward Earnings ratio is 13.89, which indicates a correct valuation of SATS.
75.86% of the companies in the same industry are more expensive than SATS, based on the Price/Forward Earnings ratio.
SATS is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.36, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.68 | ||
| Fwd PE | 13.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SATS is valued a bit cheaper than 79.31% of the companies in the same industry.
SATS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SATS is cheaper than 87.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.76 | ||
| EV/EBITDA | 7.17 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SATS has a very decent profitability rating, which may justify a higher PE ratio.
SATS's earnings are expected to grow with 25.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)25.47
EPS Next 2Y31.36%
EPS Next 3Y25.38%
5. Dividend
5.1 Amount
No dividends for SATS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:SATS (8/6/2025, 7:00:00 PM)
38.1
-0.4 (-1.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners29.16%
Inst Owner ChangeN/A
Ins Owners3.57%
Ins Owner ChangeN/A
Market Cap7.80B
Analysts80
Price Target41.41 (8.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7%
Min EPS beat(2)-3.01%
Max EPS beat(2)17.01%
EPS beat(4)3
Avg EPS beat(4)5.84%
Min EPS beat(4)-3.01%
Max EPS beat(4)17.01%
EPS beat(8)7
Avg EPS beat(8)127.83%
EPS beat(12)10
Avg EPS beat(12)111.81%
EPS beat(16)12
Avg EPS beat(16)69.32%
Revenue beat(2)1
Avg Revenue beat(2)-0.13%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)1.01%
Revenue beat(4)1
Avg Revenue beat(4)-1.04%
Min Revenue beat(4)-1.97%
Max Revenue beat(4)1.01%
Revenue beat(8)2
Avg Revenue beat(8)-1.15%
Revenue beat(12)3
Avg Revenue beat(12)-1.57%
Revenue beat(16)5
Avg Revenue beat(16)-1.76%
PT rev (1m)0%
PT rev (3m)8.99%
EPS NQ rev (1m)0.44%
EPS NQ rev (3m)10.95%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.29%
Revenue NQ rev (3m)3%
Revenue NY rev (1m)0.91%
Revenue NY rev (3m)1.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.68 | ||
| Fwd PE | 13.89 | ||
| P/S | 1.51 | ||
| P/FCF | 4.76 | ||
| P/OCF | 3.99 | ||
| P/B | 5.8 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.17 |
EPS(TTM)1.68
EY4.41%
EPS(NY)2.74
Fwd EY7.2%
FCF(TTM)8.01
FCFY21.03%
OCF(TTM)9.54
OCFY25.04%
SpS25.23
BVpS6.57
TBVpS-6.35
PEG (NY)0.49
PEG (5Y)25.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.71% | ||
| ROE | 25.6% | ||
| ROCE | 10.98% | ||
| ROIC | 8.05% | ||
| ROICexc | 8.52% | ||
| ROICexgc | 14.26% | ||
| OM | 14.79% | ||
| PM (TTM) | 6.66% | ||
| GM | 97.27% | ||
| FCFM | 31.75% |
ROA(3y)1.05%
ROA(5y)-1.17%
ROE(3y)5.86%
ROE(5y)-22.54%
ROIC(3y)4.85%
ROIC(5y)N/A
ROICexc(3y)5.1%
ROICexc(5y)N/A
ROICexgc(3y)8.52%
ROICexgc(5y)N/A
ROCE(3y)6.62%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y5.23%
ROICexc growth 3YN/A
ROICexc growth 5Y5.59%
OM growth 3YN/A
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5Y6.54%
GM growth 3Y0.15%
GM growth 5Y0.01%
F-Score9
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.96 | ||
| Debt/EBITDA | 2.82 | ||
| Cap/Depr | 26.19% | ||
| Cap/Sales | 6.06% | ||
| Interest Coverage | 2.55 | ||
| Cash Conversion | 99.69% | ||
| Profit Quality | 476.74% | ||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.38 | ||
| Altman-Z | 0.94 |
F-Score9
WACC6.21%
ROIC/WACC1.3
Cap/Depr(3y)20.33%
Cap/Depr(5y)20.75%
Cap/Sales(3y)5.16%
Cap/Sales(5y)5.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)46.09%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%24.32%
EPS Next Y46.52%
EPS Next 2Y31.36%
EPS Next 3Y25.38%
EPS Next 5YN/A
Revenue 1Y (TTM)7%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%7.81%
Revenue Next Year7.87%
Revenue Next 2Y6.75%
Revenue Next 3Y6.04%
Revenue Next 5YN/A
EBIT growth 1Y17%
EBIT growth 3YN/A
EBIT growth 5Y7.76%
EBIT Next Year190.64%
EBIT Next 3Y48.12%
EBIT Next 5YN/A
FCF growth 1Y51.29%
FCF growth 3Y34.29%
FCF growth 5Y9.06%
OCF growth 1Y48.18%
OCF growth 3Y28.52%
OCF growth 5Y7.74%