Logo image of SBO.OL

SELVAAG BOLIG ASA (SBO.OL) Stock Fundamental Analysis

OSL:SBO - Euronext Oslo - NO0010612450 - Common Stock - Currency: NOK

36.75  -0.15 (-0.41%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to SBO. SBO was compared to 69 industry peers in the Real Estate Management & Development industry. While SBO is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, SBO is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

Quickly go to:

4

1. Profitability

1.1 Basic Checks

SBO had positive earnings in the past year.
SBO had a negative operating cash flow in the past year.
In the past 5 years SBO has always been profitable.
Each year in the past 5 years SBO had a positive operating cash flow.
SBO.OL Yearly Net Income VS EBIT VS OCF VS FCFSBO.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

1.2 Ratios

SBO has a better Return On Assets (1.65%) than 65.22% of its industry peers.
The Return On Equity of SBO (4.23%) is better than 66.67% of its industry peers.
SBO has a Return On Invested Capital (0.85%) which is in line with its industry peers.
SBO had an Average Return On Invested Capital over the past 3 years of 4.82%. This is in line with the industry average of 3.56%.
Industry RankSector Rank
ROA 1.65%
ROE 4.23%
ROIC 0.85%
ROA(3y)4.76%
ROA(5y)9.7%
ROE(3y)10.85%
ROE(5y)23.15%
ROIC(3y)4.82%
ROIC(5y)6.64%
SBO.OL Yearly ROA, ROE, ROICSBO.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1.3 Margins

SBO has a Profit Margin (6.62%) which is comparable to the rest of the industry.
SBO's Profit Margin has declined in the last couple of years.
SBO has a Operating Margin (3.41%) which is in line with its industry peers.
SBO's Operating Margin has declined in the last couple of years.
SBO has a Gross Margin of 20.86%. This is in the lower half of the industry: SBO underperforms 65.22% of its industry peers.
In the last couple of years the Gross Margin of SBO has declined.
Industry RankSector Rank
OM 3.41%
PM (TTM) 6.62%
GM 20.86%
OM growth 3Y-26.1%
OM growth 5Y-23.14%
PM growth 3Y-15.43%
PM growth 5Y-14.31%
GM growth 3Y-4.94%
GM growth 5Y-9.32%
SBO.OL Yearly Profit, Operating, Gross MarginsSBO.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

More info and screens

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SBO is destroying value.
Compared to 1 year ago, SBO has about the same amount of shares outstanding.
SBO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SBO has a worse debt to assets ratio.
SBO.OL Yearly Shares OutstandingSBO.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
SBO.OL Yearly Total Debt VS Total AssetsSBO.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

SBO has an Altman-Z score of 1.39. This is a bad value and indicates that SBO is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.39, SBO is doing good in the industry, outperforming 73.91% of the companies in the same industry.
SBO has a Debt/Equity ratio of 0.79. This is a neutral value indicating SBO is somewhat dependend on debt financing.
SBO has a Debt to Equity ratio (0.79) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF N/A
Altman-Z 1.39
ROIC/WACC0.12
WACC7.06%
SBO.OL Yearly LT Debt VS Equity VS FCFSBO.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

SBO has a Current Ratio of 2.39. This indicates that SBO is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.39, SBO is doing good in the industry, outperforming 72.46% of the companies in the same industry.
SBO has a Quick Ratio of 2.39. This is a bad value and indicates that SBO is not financially healthy enough and could expect problems in meeting its short term obligations.
SBO's Quick ratio of 0.21 is on the low side compared to the rest of the industry. SBO is outperformed by 78.26% of its industry peers.
Industry RankSector Rank
Current Ratio 2.39
Quick Ratio 0.21
SBO.OL Yearly Current Assets VS Current LiabilitesSBO.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

More info and screens

4

3. Growth

3.1 Past

The earnings per share for SBO have decreased strongly by -57.59% in the last year.
The earnings per share for SBO have been decreasing by -23.13% on average. This is quite bad
Looking at the last year, SBO shows a very negative growth in Revenue. The Revenue has decreased by -52.03% in the last year.
The Revenue for SBO have been decreasing by -10.17% on average. This is quite bad
EPS 1Y (TTM)-57.59%
EPS 3Y-29.56%
EPS 5Y-23.13%
EPS Q2Q%-136.67%
Revenue 1Y (TTM)-52.03%
Revenue growth 3Y-16.64%
Revenue growth 5Y-10.17%
Sales Q2Q%-75.95%

3.2 Future

SBO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.40% yearly.
The Revenue is expected to grow by 18.68% on average over the next years. This is quite good.
EPS Next Y-37.38%
EPS Next 2Y17.21%
EPS Next 3Y10.4%
EPS Next 5YN/A
Revenue Next Year-0.1%
Revenue Next 2Y30.39%
Revenue Next 3Y18.68%
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 accelerating.
SBO.OL Yearly Revenue VS EstimatesSBO.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
SBO.OL Yearly EPS VS EstimatesSBO.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 34.03, SBO can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of SBO is on the same level as its industry peers.
When comparing the Price/Earnings ratio of SBO to the average of the S&P500 Index (27.11), we can say SBO is valued slightly more expensively.
With a Price/Forward Earnings ratio of 13.20, SBO is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SBO indicates a somewhat cheap valuation: SBO is cheaper than 69.57% of the companies listed in the same industry.
SBO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.78.
Industry RankSector Rank
PE 34.03
Fwd PE 13.2
SBO.OL Price Earnings VS Forward Price EarningsSBO.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

SBO's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 83.6
SBO.OL Per share dataSBO.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y17.21%
EPS Next 3Y10.4%

More info and screens

3

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 3.41%, SBO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 8.04, SBO pays a bit more dividend than its industry peers.
SBO's Dividend Yield is a higher than the S&P500 average which is at 2.39.
Industry RankSector Rank
Dividend Yield 3.41%

5.2 History

The dividend of SBO decreases each year by -26.04%.
Dividend Growth(5Y)-26.04%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

SBO pays out 93.65% of its income as dividend. This is not a sustainable payout ratio.
DP93.65%
EPS Next 2Y17.21%
EPS Next 3Y10.4%
SBO.OL Yearly Income VS Free CF VS DividendSBO.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
SBO.OL Dividend Payout.SBO.OL Dividend Payout, showing the Payout Ratio.SBO.OL Dividend Payout.PayoutRetained Earnings

More info and screens

SELVAAG BOLIG ASA

OSL:SBO (8/13/2025, 7:00:00 PM)

36.75

-0.15 (-0.41%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)08-07 2025-08-07
Earnings (Next)11-06 2025-11-06
Inst Owners19.43%
Inst Owner ChangeN/A
Ins Owners7.59%
Ins Owner ChangeN/A
Market Cap3.45B
Analysts48.89
Price Target37.06 (0.84%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.41%
Yearly Dividend1
Dividend Growth(5Y)-26.04%
DP93.65%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-74.29%
Min EPS beat(2)-117.82%
Max EPS beat(2)-30.76%
EPS beat(4)1
Avg EPS beat(4)-39.76%
Min EPS beat(4)-147.52%
Max EPS beat(4)137.07%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-12.44%
Min Revenue beat(2)-20.27%
Max Revenue beat(2)-4.6%
Revenue beat(4)1
Avg Revenue beat(4)-0.35%
Min Revenue beat(4)-20.27%
Max Revenue beat(4)37.8%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)7.92%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)3.04%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)4.03%
Revenue NY rev (3m)4.03%
Valuation
Industry RankSector Rank
PE 34.03
Fwd PE 13.2
P/S 2.28
P/FCF N/A
P/OCF N/A
P/B 1.46
P/tB 1.74
EV/EBITDA 83.6
EPS(TTM)1.08
EY2.94%
EPS(NY)2.78
Fwd EY7.58%
FCF(TTM)-11.73
FCFYN/A
OCF(TTM)-11.72
OCFYN/A
SpS16.11
BVpS25.23
TBVpS21.14
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.65%
ROE 4.23%
ROCE 1.25%
ROIC 0.85%
ROICexc 0.91%
ROICexgc 0.99%
OM 3.41%
PM (TTM) 6.62%
GM 20.86%
FCFM N/A
ROA(3y)4.76%
ROA(5y)9.7%
ROE(3y)10.85%
ROE(5y)23.15%
ROIC(3y)4.82%
ROIC(5y)6.64%
ROICexc(3y)5.33%
ROICexc(5y)7.66%
ROICexgc(3y)5.91%
ROICexgc(5y)8.54%
ROCE(3y)6.74%
ROCE(5y)9.57%
ROICexcg growth 3Y-40.34%
ROICexcg growth 5Y-33.62%
ROICexc growth 3Y-40.15%
ROICexc growth 5Y-33.35%
OM growth 3Y-26.1%
OM growth 5Y-23.14%
PM growth 3Y-15.43%
PM growth 5Y-14.31%
GM growth 3Y-4.94%
GM growth 5Y-9.32%
F-Score3
Asset Turnover0.25
Health
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF N/A
Debt/EBITDA 30.96
Cap/Depr 14.12%
Cap/Sales 0.09%
Interest Coverage 1.11
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.39
Quick Ratio 0.21
Altman-Z 1.39
F-Score3
WACC7.06%
ROIC/WACC0.12
Cap/Depr(3y)36.29%
Cap/Depr(5y)28.55%
Cap/Sales(3y)0.14%
Cap/Sales(5y)0.11%
Profit Quality(3y)184.13%
Profit Quality(5y)147.17%
High Growth Momentum
Growth
EPS 1Y (TTM)-57.59%
EPS 3Y-29.56%
EPS 5Y-23.13%
EPS Q2Q%-136.67%
EPS Next Y-37.38%
EPS Next 2Y17.21%
EPS Next 3Y10.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-52.03%
Revenue growth 3Y-16.64%
Revenue growth 5Y-10.17%
Sales Q2Q%-75.95%
Revenue Next Year-0.1%
Revenue Next 2Y30.39%
Revenue Next 3Y18.68%
Revenue Next 5YN/A
EBIT growth 1Y-80.83%
EBIT growth 3Y-38.4%
EBIT growth 5Y-30.96%
EBIT Next Year-33.22%
EBIT Next 3Y13.39%
EBIT Next 5YN/A
FCF growth 1Y-369.44%
FCF growth 3Y-40.46%
FCF growth 5Y-39.09%
OCF growth 1Y-367.07%
OCF growth 3Y-39.47%
OCF growth 5Y-38.45%