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 63 industry peers in the Hotels, Restaurants & Leisure industry. While SATS belongs to the best of the industry regarding profitability, there are concerns on its financial health. SATS may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year SATS was profitable.
In the past year SATS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: SATS reported negative net income in multiple years.
In the past 5 years SATS always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.71%, SATS is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
Looking at the Return On Equity, with a value of 25.60%, SATS belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
SATS has a better Return On Invested Capital (8.05%) than 66.67% of its industry peers.
SATS had an Average Return On Invested Capital over the past 3 years of 4.85%. This is significantly below the industry average of 11.10%.
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
Looking at the Profit Margin, with a value of 6.66%, SATS is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
In the last couple of years the Profit Margin of SATS has grown nicely.
SATS's Operating Margin of 14.79% is fine compared to the rest of the industry. SATS outperforms 74.60% of its industry peers.
In the last couple of years the Operating Margin of SATS has grown nicely.
SATS's Gross Margin of 97.27% is amongst the best of the industry. SATS outperforms 96.83% 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 | 14.79% | ||
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SATS is still creating some value.
The number of shares outstanding for SATS remains at a similar level compared to 1 year ago.
Compared to 5 years ago, SATS has more shares outstanding
SATS has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.93, we must say that SATS is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SATS (0.93) is worse than 65.08% of its industry peers.
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.
SATS has a Debt to FCF ratio of 3.96. This is in the better half of the industry: SATS outperforms 76.19% of its industry peers.
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 68.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 0.93 |
ROIC/WACC1.3
WACC6.2%
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 79.37% of its industry peers.
A Quick Ratio of 0.38 indicates that SATS may have some problems paying its short term obligations.
With a Quick ratio value of 0.38, SATS is not doing good in the industry: 80.95% of the companies in the same industry are doing better.
| 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.
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 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
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
The Price/Earnings ratio is 22.35, which indicates a rather expensive current valuation of SATS.
Based on the Price/Earnings ratio, SATS is valued a bit cheaper than the industry average as 74.60% of the companies are valued more expensively.
SATS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.46.
The Price/Forward Earnings ratio is 13.69, which indicates a correct valuation of SATS.
82.54% of the companies in the same industry are more expensive than SATS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.44, SATS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.35 | ||
| Fwd PE | 13.69 |
4.2 Price Multiples
SATS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SATS is cheaper than 77.78% 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 92.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.69 | ||
| EV/EBITDA | 7.05 |
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)0.48
PEG (5Y)25.1
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 (7/22/2025, 4:19:49 PM)
37.55
-0.05 (-0.13%)
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 Cap7.69B
Analysts80
Price Target41.41 (10.28%)
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 | 22.35 | ||
| Fwd PE | 13.69 | ||
| P/S | 1.49 | ||
| P/FCF | 4.69 | ||
| P/OCF | 3.94 | ||
| P/B | 5.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.05 |
EPS(TTM)1.68
EY4.47%
EPS(NY)2.74
Fwd EY7.31%
FCF(TTM)8.01
FCFY21.34%
OCF(TTM)9.54
OCFY25.41%
SpS25.23
BVpS6.57
TBVpS-6.35
PEG (NY)0.48
PEG (5Y)25.1
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 | 0.93 |
F-Score9
WACC6.2%
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%