SPAREBANKEN OST (SPOG.OL) Stock Fundamental Analysis
OSL:SPOG - NO0006222009 - Common Stock
71.99 NOK
-0.01 (-0.01%)
Taking everything into account, SPOG scores 3 out of 10 in our fundamental rating. SPOG was compared to 89 industry peers in the Banks industry. SPOG may be in some trouble as it scores bad on both profitability and health. 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
SPOG's Return On Assets of 0.32% is on the low side compared to the rest of the industry. SPOG is outperformed by 79.78% of its industry peers.
Looking at the Return On Equity, with a value of 3.11%, SPOG is doing worse than 78.65% of the companies in the same industry.
| 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
Looking at the Profit Margin, with a value of 13.43%, SPOG is doing worse than 78.65% of the companies in the same industry.
In the last couple of years the Profit Margin of SPOG has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for SPOG so they could not be analyzed.
| 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.
SPOG has about the same amout of shares outstanding than it did 1 year ago.
SPOG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SPOG has been reduced compared to a year ago.
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.
With a decent Debt to FCF ratio value of 28.10, SPOG is doing good in the industry, outperforming 71.91% of the companies in the same industry.
A Debt/Equity ratio of 5.04 is on the high side and indicates that SPOG has dependencies on debt financing.
SPOG has a worse Debt to Equity ratio (5.04) than 87.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.04 | ||
| Debt/FCF | 28.1 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC4.6%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SPOG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.62%, which is quite good.
The Earnings Per Share has been growing slightly by 6.86% on average over the past years.
The Revenue for SPOG has decreased by -17.45% in the past year. This is quite bad
Measured over the past years, SPOG shows a small growth in Revenue. The Revenue has been growing by 7.28% on average per year.
EPS 1Y (TTM)9.62%
EPS 3Y9.71%
EPS 5Y6.86%
EPS Q2Q%60.69%
Revenue 1Y (TTM)-17.45%
Revenue growth 3Y10.5%
Revenue growth 5Y7.28%
Sales Q2Q%30.1%
3.2 Future
The Earnings Per Share is expected to grow by 205.04% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 0.16% on average over the next years.
EPS Next Y6.05%
EPS Next 2Y-3.78%
EPS Next 3Y-1.34%
EPS Next 5Y205.04%
Revenue Next Year0.38%
Revenue Next 2Y-1.82%
Revenue Next 3Y0.16%
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
A Price/Earnings ratio of 9.88 indicates a reasonable valuation of SPOG.
The rest of the industry has a similar Price/Earnings ratio as SPOG.
The average S&P500 Price/Earnings ratio is at 27.02. SPOG is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 11.43 indicates a reasonable valuation of SPOG.
Based on the Price/Forward Earnings ratio, SPOG is valued a bit more expensive than the industry average as 66.29% of the companies are valued more cheaply.
SPOG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.66, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.88 | ||
| Fwd PE | 11.43 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SPOG is valued cheaply inside the industry as 93.26% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.63
PEG (5Y)1.44
EPS Next 2Y-3.78%
EPS Next 3Y-1.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.83%, SPOG is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.09, SPOG pays a better dividend. On top of this SPOG pays more dividend than 97.75% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, SPOG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.83% |
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
688.49% of the earnings are spent on dividend by SPOG. 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-3.78%
EPS Next 3Y-1.34%
OSL:SPOG (9/8/2025, 7:00:00 PM)
71.99
-0.01 (-0.01%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners17.59%
Inst Owner ChangeN/A
Ins Owners3.25%
Ins Owner ChangeN/A
Market Cap1.49B
Analysts45.45
Price Target81.6 (13.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.83% |
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)1.69%
PT rev (3m)1.69%
EPS NQ rev (1m)0.47%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.39%
EPS NY rev (3m)-1.39%
Revenue NQ rev (1m)-14.66%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.88 | ||
| Fwd PE | 11.43 | ||
| P/S | 1.33 | ||
| P/FCF | 1.71 | ||
| P/OCF | 1.67 | ||
| P/B | 0.31 | ||
| P/tB | 0.31 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.29
EY10.13%
EPS(NY)6.3
Fwd EY8.75%
FCF(TTM)42.04
FCFY58.4%
OCF(TTM)43.19
OCFY59.99%
SpS54.23
BVpS234.43
TBVpS232.91
PEG (NY)1.63
PEG (5Y)1.44
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
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 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
WACC4.6%
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)9.62%
EPS 3Y9.71%
EPS 5Y6.86%
EPS Q2Q%60.69%
EPS Next Y6.05%
EPS Next 2Y-3.78%
EPS Next 3Y-1.34%
EPS Next 5Y205.04%
Revenue 1Y (TTM)-17.45%
Revenue growth 3Y10.5%
Revenue growth 5Y7.28%
Sales Q2Q%30.1%
Revenue Next Year0.38%
Revenue Next 2Y-1.82%
Revenue Next 3Y0.16%
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