SATS ASA (SATS.OL) Stock Fundamental Analysis
OSL:SATS - Euronext Oslo - NO0010863285 - Common Stock - Currency: NOK
Taking everything into account, SATS scores 5 out of 10 in our fundamental rating. SATS was compared to 54 industry peers in the Hotels, Restaurants & Leisure industry. While SATS has a great profitability rating, there are quite some concerns on its financial health. SATS has a decent growth rate and is not valued too expensively.
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 3.50% is in line compared to the rest of the industry. SATS outperforms 57.41% of its industry peers.
SATS's Return On Equity of 24.31% is amongst the best of the industry. SATS outperforms 85.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.81%, SATS is in the better half of the industry, outperforming 64.81% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SATS is significantly below the industry average of 11.61%.
The last Return On Invested Capital (7.81%) for SATS is above the 3 year average (4.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 24.31% | ||
| ROIC | 7.81% |
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 (6.46%) which is in line with its industry peers.
SATS's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 14.69%, SATS is doing good in the industry, outperforming 74.07% of the companies in the same industry.
In the last couple of years the Operating Margin of SATS has grown nicely.
SATS has a better Gross Margin (97.18%) than 96.30% of its industry peers.
In the last couple of years the Gross Margin of SATS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.69% | ||
| PM (TTM) | 6.46% | ||
| GM | 97.18% |
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
SATS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, SATS has about the same amount of shares outstanding.
Compared to 5 years ago, SATS has more shares outstanding
The debt/assets ratio for SATS has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.88, we must say that SATS is in the distress zone and has some risk of bankruptcy.
SATS's Altman-Z score of 0.88 is on the low side compared to the rest of the industry. SATS is outperformed by 64.81% of its industry peers.
SATS has a debt to FCF ratio of 3.89. This is a good value and a sign of high solvency as SATS would need 3.89 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.89, SATS is in the better half of the industry, outperforming 72.22% of the companies in the same industry.
A Debt/Equity ratio of 4.11 is on the high side and indicates that SATS has dependencies on debt financing.
The Debt to Equity ratio of SATS (4.11) is worse than 70.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.89 | ||
| Altman-Z | 0.88 |
ROIC/WACC1.26
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.
SATS has a worse Current ratio (0.40) than 81.48% of its industry peers.
A Quick Ratio of 0.38 indicates that SATS may have some problems paying its short term obligations.
SATS has a worse Quick ratio (0.38) than 79.63% 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 45.87%, 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.
The Revenue has been growing slightly by 6.97% in the past year.
SATS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
EPS 1Y (TTM)45.87%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%117.65%
Revenue 1Y (TTM)6.97%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%6.85%
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 5.36% on average over the next years.
EPS Next Y46.52%
EPS Next 2Y31.36%
EPS Next 3Y25.38%
EPS Next 5YN/A
Revenue Next Year5.93%
Revenue Next 2Y5.74%
Revenue Next 3Y5.36%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 23.32 indicates a rather expensive valuation of SATS.
64.81% of the companies in the same industry are more expensive than SATS, based on the Price/Earnings ratio.
SATS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.10.
Based on the Price/Forward Earnings ratio of 15.91, the valuation of SATS can be described as correct.
Based on the Price/Forward Earnings ratio, SATS is valued a bit cheaper than 68.52% of the companies in the same industry.
SATS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.32 | ||
| Fwd PE | 15.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SATS is valued a bit cheaper than 74.07% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SATS indicates a rather cheap valuation: SATS is cheaper than 92.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.56 | ||
| EV/EBITDA | 7.06 |
4.3 Compensation for Growth
SATS's 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)0.5
PEG (5Y)26.18
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 (5/6/2025, 3:53:30 PM)
37.075
+0.03 (+0.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners24.3%
Inst Owner ChangeN/A
Ins Owners2.76%
Ins Owner ChangeN/A
Market Cap7.59B
Analysts85.45
Price Target37.99 (2.47%)
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)2
Avg EPS beat(2)12.12%
Min EPS beat(2)7.23%
Max EPS beat(2)17.01%
EPS beat(4)4
Avg EPS beat(4)11.82%
Min EPS beat(4)2.12%
Max EPS beat(4)20.92%
EPS beat(8)8
Avg EPS beat(8)156.53%
EPS beat(12)11
Avg EPS beat(12)114.07%
EPS beat(16)12
Avg EPS beat(16)61.89%
Revenue beat(2)0
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-1.97%
Max Revenue beat(2)-1.28%
Revenue beat(4)0
Avg Revenue beat(4)-1.66%
Min Revenue beat(4)-1.97%
Max Revenue beat(4)-1.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.86%
Revenue beat(12)3
Avg Revenue beat(12)-1.53%
Revenue beat(16)4
Avg Revenue beat(16)-2.53%
PT rev (1m)0%
PT rev (3m)24.17%
EPS NQ rev (1m)-13.89%
EPS NQ rev (3m)8.14%
EPS NY rev (1m)1.15%
EPS NY rev (3m)12.1%
Revenue NQ rev (1m)-1.43%
Revenue NQ rev (3m)-0.58%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.32 | ||
| Fwd PE | 15.91 | ||
| P/S | 1.5 | ||
| P/FCF | 4.56 | ||
| P/OCF | 3.89 | ||
| P/B | 5.64 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.06 |
EPS(TTM)1.59
EY4.29%
EPS(NY)2.33
Fwd EY6.28%
FCF(TTM)8.14
FCFY21.95%
OCF(TTM)9.54
OCFY25.74%
SpS24.74
BVpS6.57
TBVpS-6.43
PEG (NY)0.5
PEG (5Y)26.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 24.31% | ||
| ROCE | 10.65% | ||
| ROIC | 7.81% | ||
| ROICexc | 8.25% | ||
| ROICexgc | 13.81% | ||
| OM | 14.69% | ||
| PM (TTM) | 6.46% | ||
| GM | 97.18% | ||
| FCFM | 32.9% |
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-Score8
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.89 | ||
| Debt/EBITDA | 2.85 | ||
| Cap/Depr | 23.96% | ||
| Cap/Sales | 5.67% | ||
| Interest Coverage | 2.45 | ||
| Cash Conversion | 100.57% | ||
| Profit Quality | 509.48% | ||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.38 | ||
| Altman-Z | 0.88 |
F-Score8
WACC6.21%
ROIC/WACC1.26
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)45.87%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%117.65%
EPS Next Y46.52%
EPS Next 2Y31.36%
EPS Next 3Y25.38%
EPS Next 5YN/A
Revenue 1Y (TTM)6.97%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%6.85%
Revenue Next Year5.93%
Revenue Next 2Y5.74%
Revenue Next 3Y5.36%
Revenue Next 5YN/A
EBIT growth 1Y22.57%
EBIT growth 3YN/A
EBIT growth 5Y7.76%
EBIT Next Year189.42%
EBIT Next 3Y47.6%
EBIT Next 5YN/A
FCF growth 1Y4.71%
FCF growth 3Y34.29%
FCF growth 5Y9.06%
OCF growth 1Y11.09%
OCF growth 3Y28.52%
OCF growth 5Y7.74%