SELVAAG BOLIG ASA (SBO.OL) Stock Fundamental Analysis
OSL:SBO - Euronext Oslo - NO0010612450 - Common Stock - Currency: NOK
Taking everything into account, SBO scores 4 out of 10 in our fundamental rating. SBO was compared to 74 industry peers in the Real Estate Management & Development industry. SBO has an average financial health and profitability rating. SBO does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year SBO was profitable.
In the past year SBO had a positive cash flow from operations.
In the past 5 years SBO has always been profitable.
In the past 5 years SBO always reported a positive cash flow from operatings.
1.2 Ratios
SBO's Return On Assets of 3.43% is amongst the best of the industry. SBO outperforms 85.14% of its industry peers.
With an excellent Return On Equity value of 7.42%, SBO belongs to the best of the industry, outperforming 89.19% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.27%, SBO is in the better half of the industry, outperforming 64.86% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SBO is in line with the industry average of 4.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.43% | ||
| ROE | 7.42% | ||
| ROIC | 2.27% |
ROA(3y)4.76%
ROA(5y)9.7%
ROE(3y)10.85%
ROE(5y)23.15%
ROIC(3y)4.82%
ROIC(5y)6.64%
1.3 Margins
SBO's Profit Margin of 8.98% is fine compared to the rest of the industry. SBO outperforms 70.27% of its industry peers.
SBO's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 6.39%, SBO is in line with its industry, outperforming 56.76% of the companies in the same industry.
In the last couple of years the Operating Margin of SBO has declined.
SBO has a Gross Margin (19.82%) which is comparable to the rest of the industry.
SBO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.39% | ||
| PM (TTM) | 8.98% | ||
| GM | 19.82% |
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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SBO is destroying value.
The number of shares outstanding for SBO remains at a similar level compared to 1 year ago.
Compared to 5 years ago, SBO has more shares outstanding
Compared to 1 year ago, SBO has a worse debt to assets ratio.
2.2 Solvency
SBO has an Altman-Z score of 1.79. This is a bad value and indicates that SBO is not financially healthy and even has some risk of bankruptcy.
SBO has a better Altman-Z score (1.79) than 82.43% of its industry peers.
The Debt to FCF ratio of SBO is 19.90, which is on the high side as it means it would take SBO, 19.90 years of fcf income to pay off all of its debts.
SBO's Debt to FCF ratio of 19.90 is fine compared to the rest of the industry. SBO outperforms 66.22% of its industry peers.
SBO has a Debt/Equity ratio of 0.62. This is a neutral value indicating SBO is somewhat dependend on debt financing.
The Debt to Equity ratio of SBO (0.62) is better than 60.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.9 | ||
| Altman-Z | 1.79 |
ROIC/WACC0.33
WACC6.95%
2.3 Liquidity
SBO has a Current Ratio of 3.10. This indicates that SBO is financially healthy and has no problem in meeting its short term obligations.
SBO's Current ratio of 3.10 is fine compared to the rest of the industry. SBO outperforms 78.38% of its industry peers.
SBO has a Quick Ratio of 3.10. This is a bad value and indicates that SBO is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.39, SBO is not doing good in the industry: 68.92% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.1 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
The earnings per share for SBO have decreased strongly by -27.82% in the last year.
SBO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.66% yearly.
The Revenue has grown by 12.37% in the past year. This is quite good.
The Revenue has been decreasing by -0.53% on average over the past years.
EPS 1Y (TTM)-27.82%
EPS 3Y-20.07%
EPS 5Y-15.66%
EPS Q2Q%N/A
Revenue 1Y (TTM)12.37%
Revenue growth 3Y6.45%
Revenue growth 5Y-0.53%
Sales Q2Q%-75.95%
3.2 Future
The Earnings Per Share is expected to grow by 1.01% on average over the next years.
The Revenue is expected to decrease by -2.16% on average over the next years.
EPS Next Y-22.64%
EPS Next 2Y-30.4%
EPS Next 3Y2.05%
EPS Next 5Y1.01%
Revenue Next Year-38.78%
Revenue Next 2Y-23.32%
Revenue Next 3Y0.97%
Revenue Next 5Y-2.16%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 32.13, which means the current valuation is very expensive for SBO.
SBO's Price/Earnings ratio is a bit cheaper when compared to the industry. SBO is cheaper than 64.86% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.25. SBO is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 27.34 indicates a quite expensive valuation of SBO.
63.51% of the companies in the same industry are more expensive than SBO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, SBO is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.13 | ||
| Fwd PE | 27.34 |
4.2 Price Multiples
SBO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SBO is cheaper than 60.81% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as SBO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.37 | ||
| EV/EBITDA | 29.94 |
4.3 Compensation for Growth
The decent profitability rating of SBO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.4%
EPS Next 3Y2.05%
5. Dividend
5.1 Amount
SBO has a Yearly Dividend Yield of 3.61%.
Compared to an average industry Dividend Yield of 7.70, SBO pays a bit more dividend than its industry peers.
SBO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
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
52.93% of the earnings are spent on dividend by SBO. This is a bit on the high side, but may be sustainable.
DP52.93%
EPS Next 2Y-30.4%
EPS Next 3Y2.05%
OSL:SBO (5/30/2025, 7:00:00 PM)
34.7
-0.55 (-1.56%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners19.49%
Inst Owner ChangeN/A
Ins Owners7.59%
Ins Owner ChangeN/A
Market Cap3.25B
Analysts44.44
Price Target34.34 (-1.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
Yearly Dividend1
Dividend Growth(5Y)-26.04%
DP52.93%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-89.14%
Min EPS beat(2)-147.52%
Max EPS beat(2)-30.76%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)-17.3%
Min Revenue beat(2)-20.27%
Max Revenue beat(2)-14.32%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.13 | ||
| Fwd PE | 27.34 | ||
| P/S | 1.65 | ||
| P/FCF | 39.37 | ||
| P/OCF | 37.38 | ||
| P/B | 1.36 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 29.94 |
EPS(TTM)1.08
EY3.11%
EPS(NY)1.27
Fwd EY3.66%
FCF(TTM)0.88
FCFY2.54%
OCF(TTM)0.93
OCFY2.68%
SpS21.02
BVpS25.44
TBVpS21.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.43% | ||
| ROE | 7.42% | ||
| ROCE | 3.18% | ||
| ROIC | 2.27% | ||
| ROICexc | 2.49% | ||
| ROICexgc | 2.74% | ||
| OM | 6.39% | ||
| PM (TTM) | 8.98% | ||
| GM | 19.82% | ||
| FCFM | 4.19% |
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-Score5
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.9 | ||
| Debt/EBITDA | 10.82 | ||
| Cap/Depr | 45.1% | ||
| Cap/Sales | 0.22% | ||
| Interest Coverage | 1.84 | ||
| Cash Conversion | 64.16% | ||
| Profit Quality | 46.71% | ||
| Current Ratio | 3.1 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 1.79 |
F-Score5
WACC6.95%
ROIC/WACC0.33
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)-27.82%
EPS 3Y-20.07%
EPS 5Y-15.66%
EPS Q2Q%N/A
EPS Next Y-22.64%
EPS Next 2Y-30.4%
EPS Next 3Y2.05%
EPS Next 5Y1.01%
Revenue 1Y (TTM)12.37%
Revenue growth 3Y6.45%
Revenue growth 5Y-0.53%
Sales Q2Q%-75.95%
Revenue Next Year-38.78%
Revenue Next 2Y-23.32%
Revenue Next 3Y0.97%
Revenue Next 5Y-2.16%
EBIT growth 1Y-59.93%
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-93.07%
FCF growth 3Y-40.46%
FCF growth 5Y-39.09%
OCF growth 1Y-92.72%
OCF growth 3Y-39.47%
OCF growth 5Y-38.45%