SATS ASA (SATS.OL) Stock Fundamental Analysis
OSL:SATS - NO0010863285 - Common Stock
36.55 NOK
-0.4 (-1.08%)
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. While SATS has a great profitability rating, there are quite some 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
SATS had positive earnings in the past year.
SATS had a positive operating cash flow in the past year.
In multiple years SATS reported negative net income over the last 5 years.
Each year in the past 5 years SATS had a positive operating cash flow.
1.2 Ratios
SATS's Return On Assets of 4.26% is fine compared to the rest of the industry. SATS outperforms 60.34% of its industry peers.
With an excellent Return On Equity value of 26.85%, SATS belongs to the best of the industry, outperforming 87.93% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.29%, SATS is doing good in the industry, outperforming 65.52% 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 12.02%.
The last Return On Invested Capital (8.29%) for SATS is above the 3 year average (4.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.26% | ||
| ROE | 26.85% | ||
| ROIC | 8.29% |
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's Profit Margin of 7.62% is fine compared to the rest of the industry. SATS outperforms 63.79% of its industry peers.
SATS's Profit Margin has improved in the last couple of years.
SATS's Operating Margin of 15.53% is fine compared to the rest of the industry. SATS outperforms 74.14% of its industry peers.
SATS's Operating Margin has improved in the last couple of years.
SATS has a better Gross Margin (97.22%) than 96.55% 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 | 15.53% | ||
| PM (TTM) | 7.62% | ||
| GM | 97.22% |
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.
SATS has more shares outstanding than it did 5 years ago.
SATS has a better debt/assets ratio than last year.
2.2 Solvency
SATS has an Altman-Z score of 0.98. This is a bad value and indicates that SATS is not financially healthy and even has some risk of bankruptcy.
SATS has a Altman-Z score of 0.98. This is in the lower half of the industry: SATS underperforms 60.34% of its industry peers.
The Debt to FCF ratio of SATS is 4.28, which is a neutral value as it means it would take SATS, 4.28 years of fcf income to pay off all of its debts.
SATS's Debt to FCF ratio of 4.28 is fine compared to the rest of the industry. SATS outperforms 74.14% of its industry peers.
A Debt/Equity ratio of 3.76 is on the high side and indicates that SATS has dependencies on debt financing.
The Debt to Equity ratio of SATS (3.76) is worse than 63.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.76 | ||
| Debt/FCF | 4.28 | ||
| Altman-Z | 0.98 |
ROIC/WACC1.36
WACC6.11%
2.3 Liquidity
SATS has a Current Ratio of 0.44. This is a bad value and indicates that SATS is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.44, SATS is doing worse than 81.03% of the companies in the same industry.
SATS has a Quick Ratio of 0.44. This is a bad value and indicates that SATS is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.41, SATS is not doing good in the industry: 81.03% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
SATS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 66.39%, 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.
SATS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.15%.
SATS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
EPS 1Y (TTM)66.39%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%60%
Revenue 1Y (TTM)8.15%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%10.03%
3.2 Future
The Earnings Per Share is expected to grow by 26.67% on average over the next years. This is a very strong growth
SATS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.04% yearly.
EPS Next Y52.55%
EPS Next 2Y33.26%
EPS Next 3Y26.67%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SATS is valuated rather expensively with a Price/Earnings ratio of 18.46.
75.86% of the companies in the same industry are more expensive than SATS, based on the Price/Earnings ratio.
SATS is valuated rather cheaply when we compare the Price/Earnings ratio to 26.84, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.95, SATS is valued correctly.
Based on the Price/Forward Earnings ratio, SATS is valued cheaper than 81.03% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.48, SATS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.46 | ||
| Fwd PE | 12.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SATS is valued cheaply inside the industry as 84.48% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SATS is valued cheaply inside the industry as 93.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.81 | ||
| EV/EBITDA | 6.82 |
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.
The decent profitability rating of SATS may justify a higher PE ratio.
A more expensive valuation may be justified as SATS's earnings are expected to grow with 26.67% in the coming years.
PEG (NY)0.35
PEG (5Y)20.73
EPS Next 2Y33.26%
EPS Next 3Y26.67%
5. Dividend
5.1 Amount
No dividends for SATS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:SATS (9/3/2025, 7:00:00 PM)
36.55
-0.4 (-1.08%)
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 Cap7.44B
Analysts80
Price Target42.02 (14.97%)
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)0.09%
Min EPS beat(2)-3.01%
Max EPS beat(2)3.2%
EPS beat(4)3
Avg EPS beat(4)6.11%
Min EPS beat(4)-3.01%
Max EPS beat(4)17.01%
EPS beat(8)7
Avg EPS beat(8)107.57%
EPS beat(12)10
Avg EPS beat(12)101.83%
EPS beat(16)13
Avg EPS beat(16)73.48%
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-1%
Max Revenue beat(2)1.01%
Revenue beat(4)1
Avg Revenue beat(4)-0.81%
Min Revenue beat(4)-1.97%
Max Revenue beat(4)1.01%
Revenue beat(8)2
Avg Revenue beat(8)-1.05%
Revenue beat(12)3
Avg Revenue beat(12)-1.26%
Revenue beat(16)5
Avg Revenue beat(16)-1.29%
PT rev (1m)1.48%
PT rev (3m)5.64%
EPS NQ rev (1m)4.08%
EPS NQ rev (3m)4.08%
EPS NY rev (1m)4.12%
EPS NY rev (3m)4.12%
Revenue NQ rev (1m)1.15%
Revenue NQ rev (3m)1.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.46 | ||
| Fwd PE | 12.95 | ||
| P/S | 1.41 | ||
| P/FCF | 4.81 | ||
| P/OCF | 3.91 | ||
| P/B | 4.96 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.82 |
EPS(TTM)1.98
EY5.42%
EPS(NY)2.82
Fwd EY7.72%
FCF(TTM)7.6
FCFY20.81%
OCF(TTM)9.34
OCFY25.55%
SpS25.98
BVpS7.37
TBVpS-5.71
PEG (NY)0.35
PEG (5Y)20.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.26% | ||
| ROE | 26.85% | ||
| ROCE | 11.3% | ||
| ROIC | 8.29% | ||
| ROICexc | 8.78% | ||
| ROICexgc | 14.35% | ||
| OM | 15.53% | ||
| PM (TTM) | 7.62% | ||
| GM | 97.22% | ||
| FCFM | 29.27% |
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 | 3.76 | ||
| Debt/FCF | 4.28 | ||
| Debt/EBITDA | 2.8 | ||
| Cap/Depr | 29.52% | ||
| Cap/Sales | 6.67% | ||
| Interest Coverage | 2.75 | ||
| Cash Conversion | 94.25% | ||
| Profit Quality | 384.37% | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | 0.98 |
F-Score9
WACC6.11%
ROIC/WACC1.36
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)66.39%
EPS 3YN/A
EPS 5Y0.89%
EPS Q2Q%60%
EPS Next Y52.55%
EPS Next 2Y33.26%
EPS Next 3Y26.67%
EPS Next 5YN/A
Revenue 1Y (TTM)8.15%
Revenue growth 3Y15.97%
Revenue growth 5Y4.9%
Sales Q2Q%10.03%
Revenue Next Year7.87%
Revenue Next 2Y6.75%
Revenue Next 3Y6.04%
Revenue Next 5YN/A
EBIT growth 1Y23.05%
EBIT growth 3YN/A
EBIT growth 5Y7.76%
EBIT Next Year190.64%
EBIT Next 3Y48.12%
EBIT Next 5YN/A
FCF growth 1Y22.06%
FCF growth 3Y34.29%
FCF growth 5Y9.06%
OCF growth 1Y29.21%
OCF growth 3Y28.52%
OCF growth 5Y7.74%