Logo image of TRE.OL

TREASURE ASA (TRE.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:TRE - NO0010763550 - Common Stock

39.5 NOK
+4.2 (+11.9%)
Last: 11/28/2025, 7:00:00 PM
Fundamental Rating

4

TRE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 16 industry peers in the Air Freight & Logistics industry. No worries on liquidiy or solvency for TRE as it has an excellent financial health rating, but there are worries on the profitability. TRE has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

In the past year TRE was profitable.
TRE had a positive operating cash flow in the past year.
In multiple years TRE reported negative net income over the last 5 years.
TRE had a positive operating cash flow in each of the past 5 years.
TRE.OL Yearly Net Income VS EBIT VS OCF VS FCFTRE.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

1.2 Ratios

With an excellent Return On Assets value of 13.08%, TRE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 13.09%, TRE is in line with its industry, outperforming 50.00% of the companies in the same industry.
Industry RankSector Rank
ROA 13.08%
ROE 13.09%
ROIC N/A
ROA(3y)6.58%
ROA(5y)6.12%
ROE(3y)6.59%
ROE(5y)6.12%
ROIC(3y)N/A
ROIC(5y)N/A
TRE.OL Yearly ROA, ROE, ROICTRE.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

TRE does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
TRE.OL Yearly Profit, Operating, Gross MarginsTRE.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 -500 1K -1K 1.5K

More info and screens

9

2. Health

2.1 Basic Checks

TRE has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for TRE has been reduced compared to 5 years ago.
TRE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
TRE.OL Yearly Shares OutstandingTRE.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
TRE.OL Yearly Total Debt VS Total AssetsTRE.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

An Altman-Z score of 3670.62 indicates that TRE is not in any danger for bankruptcy at the moment.
TRE has a Altman-Z score of 3670.62. This is amongst the best in the industry. TRE outperforms 100.00% of its industry peers.
TRE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 3670.62
ROIC/WACCN/A
WACCN/A
TRE.OL Yearly LT Debt VS Equity VS FCFTRE.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

TRE has a Current Ratio of 6.88. This indicates that TRE is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of TRE (6.88) is better than 100.00% of its industry peers.
A Quick Ratio of 6.88 indicates that TRE has no problem at all paying its short term obligations.
TRE has a Quick ratio of 6.88. This is amongst the best in the industry. TRE outperforms 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 6.88
Quick Ratio 6.88
TRE.OL Yearly Current Assets VS Current LiabilitesTRE.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

More info and screens

1

3. Growth

3.1 Past

TRE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.29%.
Measured over the past years, TRE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.34% on average per year.
EPS 1Y (TTM)4.29%
EPS 3YN/A
EPS 5Y14.34%
EPS Q2Q%446.62%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%100%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
TRE.OL Yearly Revenue VS EstimatesTRE.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2M 4M 6M 8M 10M

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 9.04, the valuation of TRE can be described as reasonable.
100.00% of the companies in the same industry are more expensive than TRE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.31. TRE is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 9.04
Fwd PE N/A
TRE.OL Price Earnings VS Forward Price EarningsTRE.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, TRE is valued a bit more expensive than 75.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 53
EV/EBITDA N/A
TRE.OL Per share dataTRE.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)0.63
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

4

5. Dividend

5.1 Amount

TRE has a Yearly Dividend Yield of 1.98%.
Compared to an average industry Dividend Yield of 3.87, TRE is paying slightly less dividend.
TRE's Dividend Yield is comparable with the S&P500 average which is at 2.32.
Industry RankSector Rank
Dividend Yield 1.98%

5.2 History

On average, the dividend of TRE grows each year by 21.67%, which is quite nice.
Dividend Growth(5Y)21.67%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

21.59% of the earnings are spent on dividend by TRE. This is a low number and sustainable payout ratio.
The dividend of TRE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP21.59%
EPS Next 2YN/A
EPS Next 3YN/A
TRE.OL Yearly Income VS Free CF VS DividendTRE.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M
TRE.OL Dividend Payout.TRE.OL Dividend Payout, showing the Payout Ratio.TRE.OL Dividend Payout.PayoutRetained Earnings

More info and screens

TREASURE ASA

OSL:TRE (11/28/2025, 7:00:00 PM)

39.5

+4.2 (+11.9%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)08-14 2025-08-14
Earnings (Next)02-09 2026-02-09
Inst Owners13.15%
Inst Owner ChangeN/A
Ins Owners0.32%
Ins Owner ChangeN/A
Market Cap8.09B
Revenue(TTM)N/A
Net Income(TTM)88.00M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.98%
Yearly Dividend0.94
Dividend Growth(5Y)21.67%
DP21.59%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 9.04
Fwd PE N/A
P/S N/A
P/FCF 53
P/OCF 53
P/B 1.18
P/tB 1.18
EV/EBITDA N/A
EPS(TTM)4.37
EY11.06%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.75
FCFY1.89%
OCF(TTM)0.75
OCFY1.89%
SpS0
BVpS33.41
TBVpS33.41
PEG (NY)N/A
PEG (5Y)0.63
Graham Number57.31
Profitability
Industry RankSector Rank
ROA 13.08%
ROE 13.09%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)6.58%
ROA(5y)6.12%
ROE(3y)6.59%
ROE(5y)6.12%
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 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 17.05%
Current Ratio 6.88
Quick Ratio 6.88
Altman-Z 3670.62
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.29%
EPS 3YN/A
EPS 5Y14.34%
EPS Q2Q%446.62%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%100%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-126.28%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y15.38%
FCF growth 3Y10%
FCF growth 5Y5.98%
OCF growth 1Y15.38%
OCF growth 3Y10%
OCF growth 5Y5.98%

TREASURE ASA / TRE.OL FAQ

What is the ChartMill fundamental rating of TREASURE ASA (TRE.OL) stock?

ChartMill assigns a fundamental rating of 4 / 10 to TRE.OL.


Can you provide the valuation status for TREASURE ASA?

ChartMill assigns a valuation rating of 2 / 10 to TREASURE ASA (TRE.OL). This can be considered as Overvalued.


How profitable is TREASURE ASA (TRE.OL) stock?

TREASURE ASA (TRE.OL) has a profitability rating of 3 / 10.


What is the financial health of TREASURE ASA (TRE.OL) stock?

The financial health rating of TREASURE ASA (TRE.OL) is 9 / 10.


Can you provide the dividend sustainability for TRE stock?

The dividend rating of TREASURE ASA (TRE.OL) is 4 / 10 and the dividend payout ratio is 21.59%.