SATS ASA (SATS.OL) Stock Fundamental Analysis
OSL:SATS • NO0010863285
42.4 NOK
+0.15 (+0.36%)
Last: Feb 24, 2026, 12:25 PM
SATS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 57 industry peers in the Hotels, Restaurants & Leisure industry. There are concerns on the financial health of SATS while its profitability can be described as average. 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.
- 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.
- SATS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- SATS has a Return On Assets of 4.93%. This is comparable to the rest of the industry: SATS outperforms 59.65% of its industry peers.
- SATS has a better Return On Equity (32.67%) than 87.72% of its industry peers.
- SATS's Return On Invested Capital of 9.45% is fine compared to the rest of the industry. SATS outperforms 64.91% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SATS is below the industry average of 11.95%.
- The 3 year average ROIC (8.13%) for SATS is below the current ROIC(9.45%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 32.67% | ||
| ROIC | 9.45% |
ROA(3y)3.64%
ROA(5y)0.53%
ROE(3y)26.27%
ROE(5y)-8.68%
ROIC(3y)8.13%
ROIC(5y)N/A
1.3 Margins
- SATS's Profit Margin of 8.62% is fine compared to the rest of the industry. SATS outperforms 61.40% of its industry peers.
- SATS has a Operating Margin of 16.19%. This is in the better half of the industry: SATS outperforms 71.93% of its industry peers.
- SATS's Operating Margin has improved in the last couple of years.
- The Gross Margin of SATS (97.35%) is better than 96.49% of its industry peers.
- SATS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.19% | ||
| PM (TTM) | 8.62% | ||
| GM | 97.35% |
OM growth 3Y220.91%
OM growth 5Y45.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.33%
GM growth 5Y0.17%
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.
- Compared to 1 year ago, SATS has less shares outstanding
- SATS has more shares outstanding than it did 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 1.06. 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 (1.06) which is in line with its industry peers.
- The Debt to FCF ratio of SATS is 3.76, which is a good value as it means it would take SATS, 3.76 years of fcf income to pay off all of its debts.
- SATS has a better Debt to FCF ratio (3.76) than 68.42% of its industry peers.
- A Debt/Equity ratio of 3.90 is on the high side and indicates that SATS has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 3.90, SATS is in line with its industry, outperforming 43.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.9 | ||
| Debt/FCF | 3.76 | ||
| Altman-Z | 1.06 |
ROIC/WACC1.49
WACC6.33%
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.
- SATS's Current ratio of 0.44 is on the low side compared to the rest of the industry. SATS is outperformed by 70.18% of its industry peers.
- 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: 71.93% 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
- The Earnings Per Share has grown by an impressive 47.17% over the past year.
- SATS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.79%.
- Measured over the past years, SATS shows a quite strong growth in Revenue. The Revenue has been growing by 9.29% on average per year.
EPS 1Y (TTM)47.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%62.16%
Revenue 1Y (TTM)8.79%
Revenue growth 3Y10.51%
Revenue growth 5Y9.29%
Sales Q2Q%8.92%
3.2 Future
- Based on estimates for the next years, SATS will show a very strong growth in Earnings Per Share. The EPS will grow by 20.34% on average per year.
- The Revenue is expected to grow by 5.79% on average over the next years.
EPS Next Y24.45%
EPS Next 2Y20.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.33%
Revenue Next 2Y5.93%
Revenue Next 3Y5.79%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 18.12 indicates a rather expensive valuation of SATS.
- Compared to the rest of the industry, the Price/Earnings ratio of SATS indicates a somewhat cheap valuation: SATS is cheaper than 75.44% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.64, SATS is valued a bit cheaper.
- A Price/Forward Earnings ratio of 14.56 indicates a correct valuation of SATS.
- Based on the Price/Forward Earnings ratio, SATS is valued a bit cheaper than the industry average as 73.68% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.75, SATS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 14.56 |
4.2 Price Multiples
- SATS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SATS is cheaper than 84.21% of the companies in the same industry.
- SATS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SATS is cheaper than 85.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.87 | ||
| EV/EBITDA | 7 |
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 20.34% in the coming years.
PEG (NY)0.74
PEG (5Y)N/A
EPS Next 2Y20.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- SATS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OSL:SATS (2/24/2026, 12:25:36 PM)
42.4
+0.15 (+0.36%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)02-10 2026-02-10/bmo
Earnings (Next)04-30 2026-04-30
Inst Owners56.63%
Inst Owner ChangeN/A
Ins Owners4.79%
Ins Owner ChangeN/A
Market Cap8.64B
Revenue(TTM)5.51B
Net Income(TTM)475.00M
Analysts85.45
Price Target44.88 (5.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0.63
Dividend Growth(5Y)N/A
DP26.74%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.39%
Min EPS beat(2)-15.21%
Max EPS beat(2)8.43%
EPS beat(4)2
Avg EPS beat(4)-1.65%
Min EPS beat(4)-15.21%
Max EPS beat(4)8.43%
EPS beat(8)6
Avg EPS beat(8)5.09%
EPS beat(12)10
Avg EPS beat(12)103.81%
EPS beat(16)13
Avg EPS beat(16)85.14%
Revenue beat(2)0
Avg Revenue beat(2)-1.77%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)-0.9%
Revenue beat(4)1
Avg Revenue beat(4)-0.88%
Min Revenue beat(4)-2.64%
Max Revenue beat(4)1.01%
Revenue beat(8)1
Avg Revenue beat(8)-1.27%
Revenue beat(12)3
Avg Revenue beat(12)-0.87%
Revenue beat(16)4
Avg Revenue beat(16)-1.36%
PT rev (1m)0%
PT rev (3m)5.39%
EPS NQ rev (1m)-0.79%
EPS NQ rev (3m)-0.79%
EPS NY rev (1m)0%
EPS NY rev (3m)1.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 14.56 | ||
| P/S | 1.57 | ||
| P/FCF | 4.87 | ||
| P/OCF | 4.15 | ||
| P/B | 5.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7 |
EPS(TTM)2.34
EY5.52%
EPS(NY)2.91
Fwd EY6.87%
FCF(TTM)8.7
FCFY20.53%
OCF(TTM)10.22
OCFY24.11%
SpS27.05
BVpS7.14
TBVpS-5.96
PEG (NY)0.74
PEG (5Y)N/A
Graham Number19.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 32.67% | ||
| ROCE | 12.42% | ||
| ROIC | 9.45% | ||
| ROICexc | 10.18% | ||
| ROICexgc | 16.96% | ||
| OM | 16.19% | ||
| PM (TTM) | 8.62% | ||
| GM | 97.35% | ||
| FCFM | 32.18% |
ROA(3y)3.64%
ROA(5y)0.53%
ROE(3y)26.27%
ROE(5y)-8.68%
ROIC(3y)8.13%
ROIC(5y)N/A
ROICexc(3y)8.62%
ROICexc(5y)N/A
ROICexgc(3y)23.79%
ROICexgc(5y)N/A
ROCE(3y)10.68%
ROCE(5y)N/A
ROICexgc growth 3Y244.1%
ROICexgc growth 5Y59.35%
ROICexc growth 3Y246.93%
ROICexc growth 5Y58.61%
OM growth 3Y220.91%
OM growth 5Y45.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.33%
GM growth 5Y0.17%
F-Score9
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.9 | ||
| Debt/FCF | 3.76 | ||
| Debt/EBITDA | 2.69 | ||
| Cap/Depr | 25.39% | ||
| Cap/Sales | 5.61% | ||
| Interest Coverage | 3.04 | ||
| Cash Conversion | 98.72% | ||
| Profit Quality | 373.26% | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | 1.06 |
F-Score9
WACC6.33%
ROIC/WACC1.49
Cap/Depr(3y)21.17%
Cap/Depr(5y)21.73%
Cap/Sales(3y)4.93%
Cap/Sales(5y)5.64%
Profit Quality(3y)531.79%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)47.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%62.16%
EPS Next Y24.45%
EPS Next 2Y20.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.79%
Revenue growth 3Y10.51%
Revenue growth 5Y9.29%
Sales Q2Q%8.92%
Revenue Next Year6.33%
Revenue Next 2Y5.93%
Revenue Next 3Y5.79%
Revenue Next 5YN/A
EBIT growth 1Y19.89%
EBIT growth 3Y254.63%
EBIT growth 5Y58.56%
EBIT Next Year154.04%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y6.42%
FCF growth 3Y29%
FCF growth 5Y14.96%
OCF growth 1Y6.61%
OCF growth 3Y24.38%
OCF growth 5Y13.34%
SATS ASA / SATS.OL FAQ
Can you provide the ChartMill fundamental rating for SATS ASA?
ChartMill assigns a fundamental rating of 5 / 10 to SATS.OL.
What is the valuation status of SATS ASA (SATS.OL) stock?
ChartMill assigns a valuation rating of 7 / 10 to SATS ASA (SATS.OL). This can be considered as Undervalued.
How profitable is SATS ASA (SATS.OL) stock?
SATS ASA (SATS.OL) has a profitability rating of 6 / 10.
Can you provide the financial health for SATS stock?
The financial health rating of SATS ASA (SATS.OL) is 3 / 10.
How sustainable is the dividend of SATS ASA (SATS.OL) stock?
The dividend rating of SATS ASA (SATS.OL) is 0 / 10 and the dividend payout ratio is 26.74%.