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 63 industry peers in the Hotels, Restaurants & Leisure industry. SATS scores excellent on profitability, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on SATS.
1. Profitability
1.1 Basic Checks
SATS had positive earnings in the past year.
SATS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: SATS reported negative net income in multiple years.
Each year in the past 5 years SATS had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SATS (3.71%) is better than 61.90% of its industry peers.
With an excellent Return On Equity value of 25.60%, SATS belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
SATS has a Return On Invested Capital of 8.05%. This is in the better half of the industry: SATS outperforms 66.67% 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 11.10%.
The 3 year average ROIC (4.85%) for SATS is below the current ROIC(8.05%), indicating increased profibility in the last year.
| 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
The Profit Margin of SATS (6.66%) is better than 61.90% of its industry peers.
In the last couple of years the Profit Margin of SATS has grown nicely.
Looking at the Operating Margin, with a value of 14.79%, SATS is in the better half of the industry, outperforming 74.60% of the companies in the same industry.
In the last couple of years the Operating Margin of SATS has grown nicely.
Looking at the Gross Margin, with a value of 97.27%, SATS belongs to the top of the industry, outperforming 96.83% of the companies in the same industry.
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 | 14.79% | ||
| 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
SATS has an Altman-Z score of 0.92. This is a bad value and indicates that SATS is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.92, SATS is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
The Debt to FCF ratio of SATS is 3.96, which is a good value as it means it would take SATS, 3.96 years of fcf income to pay off 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 76.19% 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: 68.25% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 0.92 |
ROIC/WACC1.3
WACC6.19%
2.3 Liquidity
A Current Ratio of 0.40 indicates that SATS may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.40, SATS is doing worse than 79.37% of the companies in the same industry.
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 has a Quick ratio of 0.38. This is amonst the worse of the industry: SATS underperforms 80.95% 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.
The Earnings Per Share has been growing slightly by 0.89% on average over the past years.
The Revenue has been growing slightly by 7.00% 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)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 5.66% on average over the next years.
EPS Next Y46.52%
EPS Next 2Y31.36%
EPS Next 3Y25.38%
EPS Next 5YN/A
Revenue Next Year6.9%
Revenue Next 2Y6.26%
Revenue Next 3Y5.66%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.29 indicates a rather expensive valuation of SATS.
Based on the Price/Earnings ratio, SATS is valued a bit cheaper than 74.60% of the companies in the same industry.
SATS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.35.
Based on the Price/Forward Earnings ratio of 13.65, the valuation of SATS can be described as correct.
82.54% of the companies in the same industry are more expensive than SATS, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SATS to the average of the S&P500 Index (37.54), we can say SATS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.29 | ||
| Fwd PE | 13.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SATS is valued a bit cheaper than 79.37% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SATS is valued cheaply inside the industry as 90.48% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.67 | ||
| EV/EBITDA | 7.02 |
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.
A more expensive valuation may be justified as SATS's earnings are expected to grow with 25.38% in the coming years.
PEG (NY)0.48
PEG (5Y)25.03
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 (7/25/2025, 4:17:16 PM)
37.45
+0.15 (+0.4%)
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 Cap7.67B
Analysts80
Price Target41.41 (10.57%)
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)-3.79%
PT rev (3m)8.99%
EPS NQ rev (1m)5.09%
EPS NQ rev (3m)10.46%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.15%
Revenue NQ rev (3m)2.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.29 | ||
| Fwd PE | 13.65 | ||
| P/S | 1.48 | ||
| P/FCF | 4.67 | ||
| P/OCF | 3.93 | ||
| P/B | 5.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.02 |
EPS(TTM)1.68
EY4.49%
EPS(NY)2.74
Fwd EY7.33%
FCF(TTM)8.01
FCFY21.39%
OCF(TTM)9.54
OCFY25.48%
SpS25.23
BVpS6.57
TBVpS-6.35
PEG (NY)0.48
PEG (5Y)25.03
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 | 0.92 |
F-Score9
WACC6.19%
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 Year6.9%
Revenue Next 2Y6.26%
Revenue Next 3Y5.66%
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%