VEKSELBANKEN (VVL.OL) Stock Fundamental Analysis
OSL:VVL - Euronext Oslo - NO0003025009 - Common Stock - Currency: NOK
Overall VVL gets a fundamental rating of 4 out of 10. We evaluated VVL against 96 industry peers in the Banks industry. There are concerns on the financial health of VVL while its profitability can be described as average. VVL is not valued too expensively and it also shows a decent growth rate. VVL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
VVL had positive earnings in the past year.
VVL had a positive operating cash flow in the past year.
Each year in the past 5 years VVL has been profitable.
VVL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 1.30%, VVL belongs to the best of the industry, outperforming 85.42% of the companies in the same industry.
VVL's Return On Equity of 10.64% is in line compared to the rest of the industry. VVL outperforms 54.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.3% | ||
| ROE | 10.64% | ||
| ROIC | N/A |
ROA(3y)1.12%
ROA(5y)0.94%
ROE(3y)9.54%
ROE(5y)8.22%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of VVL (43.04%) is better than 94.79% of its industry peers.
In the last couple of years the Profit Margin of VVL has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for VVL so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 43.04% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.59%
PM growth 5Y1.42%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
VVL does not have a ROIC to compare to the WACC, probably because it is not profitable.
VVL has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for VVL remains at a similar level compared to 5 years ago.
VVL has a better debt/assets ratio than last year.
2.2 Solvency
VVL has a debt to FCF ratio of 14.07. This is a negative value and a sign of low solvency as VVL would need 14.07 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 14.07, VVL belongs to the top of the industry, outperforming 84.38% of the companies in the same industry.
VVL has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of VVL (1.27) is better than 69.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 14.07 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.93%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
VVL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.27%.
The Earnings Per Share has been growing by 10.52% on average over the past years. This is quite good.
Looking at the last year, VVL shows a small growth in Revenue. The Revenue has grown by 6.17% in the last year.
VVL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.29% yearly.
EPS 1Y (TTM)6.27%
EPS 3Y24.65%
EPS 5Y10.52%
EPS Q2Q%-4.91%
Revenue 1Y (TTM)6.17%
Revenue growth 3Y20.31%
Revenue growth 5Y11.29%
Sales Q2Q%-0.41%
3.2 Future
VVL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.68% yearly.
Based on estimates for the next years, VVL will show a small growth in Revenue. The Revenue will grow by 6.00% on average per year.
EPS Next Y4.58%
EPS Next 2Y4.71%
EPS Next 3Y5.68%
EPS Next 5YN/A
Revenue Next Year14.08%
Revenue Next 2Y6.39%
Revenue Next 3Y6%
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
Based on the Price/Earnings ratio of 9.93, the valuation of VVL can be described as reasonable.
Based on the Price/Earnings ratio, VVL is valued a bit more expensive than 60.42% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.34. VVL is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.95, the valuation of VVL can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as VVL.
The average S&P500 Price/Forward Earnings ratio is at 22.19. VVL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.93 | ||
| Fwd PE | 8.95 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, VVL is valued a bit cheaper than the industry average as 77.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.17
PEG (5Y)0.94
EPS Next 2Y4.71%
EPS Next 3Y5.68%
5. Dividend
5.1 Amount
VVL has a Yearly Dividend Yield of 4.46%, which is a nice return.
VVL's Dividend Yield is comparable with the industry average which is at 5.14.
Compared to an average S&P500 Dividend Yield of 2.40, VVL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
5.2 History
On average, the dividend of VVL grows each year by 15.20%, which is quite nice.
Dividend Growth(5Y)15.2%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
36.79% of the earnings are spent on dividend by VVL. This is a low number and sustainable payout ratio.
The dividend of VVL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP36.79%
EPS Next 2Y4.71%
EPS Next 3Y5.68%
OSL:VVL (6/18/2025, 7:00:00 PM)
382
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners8.56%
Inst Owner ChangeN/A
Ins Owners4.08%
Ins Owner ChangeN/A
Market Cap848.04M
Analysts80
Price Target404.94 (6.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
Yearly Dividend14.16
Dividend Growth(5Y)15.2%
DP36.79%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-17.44%
Min EPS beat(2)-19.66%
Max EPS beat(2)-15.22%
EPS beat(4)1
Avg EPS beat(4)-5.52%
Min EPS beat(4)-19.66%
Max EPS beat(4)20.92%
EPS beat(8)4
Avg EPS beat(8)-0.06%
EPS beat(12)7
Avg EPS beat(12)0.44%
EPS beat(16)8
Avg EPS beat(16)-1.79%
Revenue beat(2)0
Avg Revenue beat(2)-17.65%
Min Revenue beat(2)-23.96%
Max Revenue beat(2)-11.33%
Revenue beat(4)0
Avg Revenue beat(4)-15.79%
Min Revenue beat(4)-23.96%
Max Revenue beat(4)-11.33%
Revenue beat(8)2
Avg Revenue beat(8)-6.9%
Revenue beat(12)6
Avg Revenue beat(12)-0.24%
Revenue beat(16)8
Avg Revenue beat(16)0.22%
PT rev (1m)0%
PT rev (3m)12.15%
EPS NQ rev (1m)0.95%
EPS NQ rev (3m)0.95%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.22%
Revenue NQ rev (1m)20.33%
Revenue NQ rev (3m)20.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.93 | ||
| Fwd PE | 8.95 | ||
| P/S | 4.3 | ||
| P/FCF | 11.76 | ||
| P/OCF | 11.08 | ||
| P/B | 1.06 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | N/A |
EPS(TTM)38.47
EY10.07%
EPS(NY)42.66
Fwd EY11.17%
FCF(TTM)32.47
FCFY8.5%
OCF(TTM)34.49
OCFY9.03%
SpS88.74
BVpS359.04
TBVpS359.04
PEG (NY)2.17
PEG (5Y)0.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.3% | ||
| ROE | 10.64% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 43.04% | ||
| GM | N/A | ||
| FCFM | 36.59% |
ROA(3y)1.12%
ROA(5y)0.94%
ROE(3y)9.54%
ROE(5y)8.22%
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 3Y4.59%
PM growth 5Y1.42%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 14.07 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 2.28% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 85.02% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC5.93%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.12%
Cap/Sales(5y)0.69%
Profit Quality(3y)192.93%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.27%
EPS 3Y24.65%
EPS 5Y10.52%
EPS Q2Q%-4.91%
EPS Next Y4.58%
EPS Next 2Y4.71%
EPS Next 3Y5.68%
EPS Next 5YN/A
Revenue 1Y (TTM)6.17%
Revenue growth 3Y20.31%
Revenue growth 5Y11.29%
Sales Q2Q%-0.41%
Revenue Next Year14.08%
Revenue Next 2Y6.39%
Revenue Next 3Y6%
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 1Y-40.8%
FCF growth 3YN/A
FCF growth 5Y24.51%
OCF growth 1Y-37.69%
OCF growth 3YN/A
OCF growth 5Y23.56%