SPAREBANKEN SOR (SOR.OL) Stock Fundamental Analysis
OSL:SOR - Euronext Oslo - NO0006001502 - Common Stock - Currency: NOK
We assign a fundamental rating of 3 out of 10 to SOR. SOR was compared to 95 industry peers in the Banks industry. SOR may be in some trouble as it scores bad on both profitability and health. SOR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SOR was profitable.
In the past year SOR had a positive cash flow from operations.
Each year in the past 5 years SOR has been profitable.
In multiple years SOR reported negative operating cash flow during the last 5 years.
1.2 Ratios
SOR's Return On Assets of 0.43% is on the low side compared to the rest of the industry. SOR is outperformed by 71.58% of its industry peers.
SOR's Return On Equity of 4.22% is on the low side compared to the rest of the industry. SOR is outperformed by 71.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.43% | ||
| ROE | 4.22% | ||
| ROIC | N/A |
ROA(3y)0.39%
ROA(5y)0.29%
ROE(3y)3.82%
ROE(5y)2.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SOR has a Profit Margin (18.84%) which is in line with its industry peers.
In the last couple of years the Profit Margin of SOR has grown nicely.
SOR does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 18.84% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y38.64%
PM growth 5Y20.06%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SOR does not have a ROIC to compare to the WACC, probably because it is not profitable.
SOR has more shares outstanding than it did 1 year ago.
SOR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SOR has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of SOR is 29.51, which is on the high side as it means it would take SOR, 29.51 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 29.51, SOR is in the better half of the industry, outperforming 78.95% of the companies in the same industry.
A Debt/Equity ratio of 4.25 is on the high side and indicates that SOR has dependencies on debt financing.
With a Debt to Equity ratio value of 4.25, SOR is not doing good in the industry: 82.11% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 29.51 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.13%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SOR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.37%, which is quite good.
SOR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.93% yearly.
Looking at the last year, SOR shows a quite strong growth in Revenue. The Revenue has grown by 9.67% in the last year.
SOR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.72% yearly.
EPS 1Y (TTM)10.37%
EPS 3Y13.13%
EPS 5Y8.93%
EPS Q2Q%-2.56%
Revenue 1Y (TTM)9.67%
Revenue growth 3Y15.58%
Revenue growth 5Y10.72%
Sales Q2Q%1.06%
3.2 Future
Based on estimates for the next years, SOR will show a decrease in Earnings Per Share. The EPS will decrease by -0.27% on average per year.
The Revenue is expected to grow by 2.60% on average over the next years.
EPS Next Y2.97%
EPS Next 2Y-0.27%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.29%
Revenue Next 2Y2.6%
Revenue Next 3YN/A
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 decreasing.
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
A Price/Earnings ratio of 11.22 indicates a reasonable valuation of SOR.
Based on the Price/Earnings ratio, SOR is valued a bit more expensive than the industry average as 72.63% of the companies are valued more cheaply.
SOR is valuated cheaply when we compare the Price/Earnings ratio to 24.29, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.89, the valuation of SOR can be described as reasonable.
Based on the Price/Forward Earnings ratio, SOR is valued a bit more expensive than 68.42% of the companies in the same industry.
SOR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.22 | ||
| Fwd PE | 10.89 |
4.2 Price Multiples
90.53% of the companies in the same industry are more expensive than SOR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.26 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SOR does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.77
PEG (5Y)1.26
EPS Next 2Y-0.27%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SOR has a Yearly Dividend Yield of 6.01%, which is a nice return.
Compared to an average industry Dividend Yield of 5.30, SOR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, SOR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
5.2 History
On average, the dividend of SOR grows each year by 18.77%, which is quite nice.
Dividend Growth(5Y)18.77%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
124.47% of the earnings are spent on dividend by SOR. This is not a sustainable payout ratio.
The Dividend Rate of SOR has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP124.47%
EPS Next 2Y-0.27%
EPS Next 3YN/A
OSL:SOR (4/30/2025, 7:00:00 PM)
203
+7.72 (+3.95%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners18.8%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap8.47B
Analysts80
Price Target225.76 (11.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
Yearly Dividend22.75
Dividend Growth(5Y)18.77%
DP124.47%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.79%
Min EPS beat(2)-8.68%
Max EPS beat(2)-2.9%
EPS beat(4)1
Avg EPS beat(4)-1.15%
Min EPS beat(4)-8.68%
Max EPS beat(4)8.08%
EPS beat(8)2
Avg EPS beat(8)-2.41%
EPS beat(12)3
Avg EPS beat(12)-2.98%
EPS beat(16)7
Avg EPS beat(16)1.13%
Revenue beat(2)1
Avg Revenue beat(2)-2.4%
Min Revenue beat(2)-5.17%
Max Revenue beat(2)0.38%
Revenue beat(4)2
Avg Revenue beat(4)-0.93%
Min Revenue beat(4)-5.17%
Max Revenue beat(4)1.27%
Revenue beat(8)4
Avg Revenue beat(8)-0.71%
Revenue beat(12)5
Avg Revenue beat(12)-0.01%
Revenue beat(16)9
Avg Revenue beat(16)0.97%
PT rev (1m)0.3%
PT rev (3m)12.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.93%
EPS NY rev (3m)16.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)5.52%
Revenue NY rev (3m)6.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.22 | ||
| Fwd PE | 10.89 | ||
| P/S | 2.1 | ||
| P/FCF | 3.26 | ||
| P/OCF | 3.2 | ||
| P/B | 0.47 | ||
| P/tB | 0.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)18.1
EY8.92%
EPS(NY)18.64
Fwd EY9.18%
FCF(TTM)62.23
FCFY30.66%
OCF(TTM)63.36
OCFY31.21%
SpS96.83
BVpS432.45
TBVpS429.59
PEG (NY)3.77
PEG (5Y)1.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.43% | ||
| ROE | 4.22% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 18.84% | ||
| GM | N/A | ||
| FCFM | 64.26% |
ROA(3y)0.39%
ROA(5y)0.29%
ROE(3y)3.82%
ROE(5y)2.8%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y38.64%
PM growth 5Y20.06%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 29.51 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 1.16% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 341.09% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC8.13%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)2.03%
Cap/Sales(5y)2.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.37%
EPS 3Y13.13%
EPS 5Y8.93%
EPS Q2Q%-2.56%
EPS Next Y2.97%
EPS Next 2Y-0.27%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.67%
Revenue growth 3Y15.58%
Revenue growth 5Y10.72%
Sales Q2Q%1.06%
Revenue Next Year4.29%
Revenue Next 2Y2.6%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y8.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.23%
OCF growth 3YN/A
OCF growth 5YN/A