SPAREBANKEN OST (SPOG.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:SPOG - NO0006222009 - Common Stock
73.79 NOK
+0.9 (+1.23%)
We assign a fundamental rating of 3 out of 10 to SPOG. SPOG was compared to 108 industry peers in the Banks industry. SPOG has a bad profitability rating. Also its financial health evaluation is rather negative. SPOG is not valued too expensively and it also shows a decent growth rate. Finally SPOG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year SPOG was profitable.
SPOG had a positive operating cash flow in the past year.
Each year in the past 5 years SPOG has been profitable.
The reported operating cash flow has been mixed in the past 5 years: SPOG reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of 0.32%, SPOG is not doing good in the industry: 84.26% of the companies in the same industry are doing better.
SPOG's Return On Equity of 3.11% is on the low side compared to the rest of the industry. SPOG is outperformed by 80.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.32% | ||
| ROE | 3.11% | ||
| ROIC | N/A |
ROA(3y)0.25%
ROA(5y)0.25%
ROE(3y)2.29%
ROE(5y)2.4%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 13.43%, SPOG is not doing good in the industry: 79.63% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of SPOG has remained more or less at the same level.
SPOG 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) | 13.43% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.78%
PM growth 5Y-0.37%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SPOG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SPOG has about the same amount of shares outstanding.
The number of shares outstanding for SPOG has been reduced compared to 5 years ago.
SPOG has a better debt/assets ratio than last year.
2.2 Solvency
SPOG has a debt to FCF ratio of 28.10. This is a negative value and a sign of low solvency as SPOG would need 28.10 years to pay back of all of its debts.
SPOG has a better Debt to FCF ratio (28.10) than 69.44% of its industry peers.
A Debt/Equity ratio of 5.04 is on the high side and indicates that SPOG has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 5.04, SPOG is doing worse than 87.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.04 | ||
| Debt/FCF | 28.1 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC4.61%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.24% over the past year.
Measured over the past 5 years, SPOG shows a small growth in Earnings Per Share. The EPS has been growing by 6.86% on average per year.
The Revenue has grown by 12.90% in the past year. This is quite good.
The Revenue has been growing slightly by 7.28% on average over the past years.
EPS 1Y (TTM)3.24%
EPS 3Y9.71%
EPS 5Y6.86%
EPS Q2Q%-16.07%
Revenue 1Y (TTM)12.9%
Revenue growth 3Y10.5%
Revenue growth 5Y7.28%
Sales Q2Q%-7.19%
3.2 Future
Based on estimates for the next years, SPOG will show a very strong growth in Earnings Per Share. The EPS will grow by 205.04% on average per year.
The Revenue is expected to grow by 0.06% on average over the next years.
EPS Next Y6.25%
EPS Next 2Y-3.9%
EPS Next 3Y-0.82%
EPS Next 5Y205.04%
Revenue Next Year-1.23%
Revenue Next 2Y-2.11%
Revenue Next 3Y0.06%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.51, the valuation of SPOG can be described as very reasonable.
The rest of the industry has a similar Price/Earnings ratio as SPOG.
When comparing the Price/Earnings ratio of SPOG to the average of the S&P500 Index (26.15), we can say SPOG is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.75, the valuation of SPOG can be described as very reasonable.
67.59% of the companies in the same industry are cheaper than SPOG, based on the Price/Forward Earnings ratio.
SPOG is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.51 | ||
| Fwd PE | 11.75 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SPOG is valued cheaper than 96.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SPOG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.68
PEG (5Y)1.53
EPS Next 2Y-3.9%
EPS Next 3Y-0.82%
5. Dividend
5.1 Amount
SPOG has a Yearly Dividend Yield of 9.03%, which is a nice return.
Compared to an average industry Dividend Yield of 4.85, SPOG pays a better dividend. On top of this SPOG pays more dividend than 97.22% of the companies listed in the same industry.
SPOG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.03% |
5.2 History
The dividend of SPOG is nicely growing with an annual growth rate of 48.89%!
Dividend Growth(5Y)48.89%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SPOG pays out 688.49% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SPOG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP688.49%
EPS Next 2Y-3.9%
EPS Next 3Y-0.82%
OSL:SPOG (11/27/2025, 10:18:09 AM)
73.79
+0.9 (+1.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners17.6%
Inst Owner ChangeN/A
Ins Owners3.25%
Ins Owner ChangeN/A
Market Cap1.53B
Revenue(TTM)1.09B
Net Income(TTM)151.01M
Analysts45.45
Price Target81.6 (10.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.03% |
Yearly Dividend33.24
Dividend Growth(5Y)48.89%
DP688.49%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-11.35%
Min EPS beat(2)-37.22%
Max EPS beat(2)14.52%
EPS beat(4)1
Avg EPS beat(4)-10.48%
Min EPS beat(4)-37.22%
Max EPS beat(4)14.52%
EPS beat(8)4
Avg EPS beat(8)-2.27%
EPS beat(12)6
Avg EPS beat(12)-3.59%
EPS beat(16)7
Avg EPS beat(16)-4.52%
Revenue beat(2)1
Avg Revenue beat(2)-3.07%
Min Revenue beat(2)-18.47%
Max Revenue beat(2)12.33%
Revenue beat(4)1
Avg Revenue beat(4)-3.79%
Min Revenue beat(4)-18.47%
Max Revenue beat(4)12.33%
Revenue beat(8)2
Avg Revenue beat(8)-2%
Revenue beat(12)4
Avg Revenue beat(12)-2.11%
Revenue beat(16)6
Avg Revenue beat(16)-1.86%
PT rev (1m)0%
PT rev (3m)1.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.47%
EPS NY rev (1m)0%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.66%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.51 | ||
| Fwd PE | 11.75 | ||
| P/S | 1.36 | ||
| P/FCF | 1.76 | ||
| P/OCF | 1.71 | ||
| P/B | 0.31 | ||
| P/tB | 0.32 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.02
EY9.51%
EPS(NY)6.28
Fwd EY8.51%
FCF(TTM)42.04
FCFY56.97%
OCF(TTM)43.19
OCFY58.53%
SpS54.23
BVpS234.43
TBVpS232.91
PEG (NY)1.68
PEG (5Y)1.53
Graham Number192.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.32% | ||
| ROE | 3.11% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 13.43% | ||
| GM | N/A | ||
| FCFM | 77.53% |
ROA(3y)0.25%
ROA(5y)0.25%
ROE(3y)2.29%
ROE(5y)2.4%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.78%
PM growth 5Y-0.37%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.04 | ||
| Debt/FCF | 28.1 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 83.22% | ||
| Cap/Sales | 2.12% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 577.11% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score3
WACC4.61%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.58%
Cap/Sales(5y)2.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.24%
EPS 3Y9.71%
EPS 5Y6.86%
EPS Q2Q%-16.07%
EPS Next Y6.25%
EPS Next 2Y-3.9%
EPS Next 3Y-0.82%
EPS Next 5Y205.04%
Revenue 1Y (TTM)12.9%
Revenue growth 3Y10.5%
Revenue growth 5Y7.28%
Sales Q2Q%-7.19%
Revenue Next Year-1.23%
Revenue Next 2Y-2.11%
Revenue Next 3Y0.06%
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 1Y279.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y288.45%
OCF growth 3YN/A
OCF growth 5YN/A
SPAREBANKEN OST / SPOG.OL FAQ
What is the fundamental rating for SPOG stock?
ChartMill assigns a fundamental rating of 3 / 10 to SPOG.OL.
What is the valuation status of SPAREBANKEN OST (SPOG.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to SPAREBANKEN OST (SPOG.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for SPAREBANKEN OST?
SPAREBANKEN OST (SPOG.OL) has a profitability rating of 2 / 10.
Can you provide the expected EPS growth for SPOG stock?
The Earnings per Share (EPS) of SPAREBANKEN OST (SPOG.OL) is expected to grow by 6.25% in the next year.
Can you provide the dividend sustainability for SPOG stock?
The dividend rating of SPAREBANKEN OST (SPOG.OL) is 7 / 10 and the dividend payout ratio is 688.49%.