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 56 industry peers in the Hotels, Restaurants & Leisure industry. SATS has an excellent profitability rating, but 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
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.
SATS had a positive operating cash flow in each of the past 5 years.
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 62.50% of the companies in the same industry.
SATS's Return On Equity of 25.60% is amongst the best of the industry. SATS outperforms 89.29% of its industry peers.
SATS's Return On Invested Capital of 8.05% is fine compared to the rest of the industry. SATS outperforms 67.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SATS is significantly below the industry average of 11.15%.
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
The Profit Margin of SATS (6.66%) is better than 62.50% of its industry peers.
In the last couple of years the Profit Margin of SATS has grown nicely.
The Operating Margin of SATS (14.79%) is better than 75.00% of its industry peers.
In the last couple of years the Operating Margin of SATS has grown nicely.
The Gross Margin of SATS (97.27%) is better than 96.43% 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.
SATS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SATS has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.89, we must say that SATS is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.89, SATS is not doing good in the industry: 64.29% 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 76.79% 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.
SATS has a Debt to Equity ratio of 4.11. This is in the lower half of the industry: SATS underperforms 66.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.11 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 0.89 |
ROIC/WACC1.33
WACC6.07%
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 76.79% of the companies in the same industry.
A Quick Ratio of 0.38 indicates that SATS may have some problems paying 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 78.57% 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.
Measured over the past 5 years, SATS shows a small growth in Earnings Per Share. The EPS has been growing by 0.89% on average per year.
The Revenue has been growing slightly by 7.00% in the past 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
SATS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.38% yearly.
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.
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
Based on the Price/Earnings ratio of 21.04, the valuation of SATS can be described as rather expensive.
SATS's Price/Earnings ratio is a bit cheaper when compared to the industry. SATS is cheaper than 73.21% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.34. SATS is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 12.88 indicates a correct valuation of SATS.
Based on the Price/Forward Earnings ratio, SATS is valued cheaply inside the industry as 82.14% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.19. SATS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.04 | ||
| Fwd PE | 12.88 |
4.2 Price Multiples
SATS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SATS is cheaper than 76.79% of the companies in the same industry.
91.07% of the companies in the same industry are more expensive than SATS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.41 | ||
| EV/EBITDA | 6.78 |
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 25.38% in the coming years.
PEG (NY)0.45
PEG (5Y)23.63
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 (6/19/2025, 2:19:21 PM)
35.35
+0.35 (+1%)
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 Cap7.24B
Analysts81.67
Price Target43.04 (21.75%)
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)8.21%
PT rev (3m)13.29%
EPS NQ rev (1m)5.11%
EPS NQ rev (3m)18.03%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.26%
Revenue NQ rev (1m)1.54%
Revenue NQ rev (3m)2.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.04 | ||
| Fwd PE | 12.88 | ||
| P/S | 1.4 | ||
| P/FCF | 4.41 | ||
| P/OCF | 3.7 | ||
| P/B | 5.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.78 |
EPS(TTM)1.68
EY4.75%
EPS(NY)2.74
Fwd EY7.76%
FCF(TTM)8.01
FCFY22.67%
OCF(TTM)9.54
OCFY26.99%
SpS25.23
BVpS6.57
TBVpS-6.35
PEG (NY)0.45
PEG (5Y)23.63
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 | 0.89 |
F-Score9
WACC6.07%
ROIC/WACC1.33
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%