VEKSELBANKEN (VVL.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:VVL - NO0003025009 - Common Stock
396 NOK
0 (0%)
VVL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 114 industry peers in the Banks industry. There are concerns on the financial health of VVL while its profitability can be described as average. VVL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year VVL was profitable.
- 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
- VVL's Return On Assets of 1.22% is amongst the best of the industry. VVL outperforms 80.70% of its industry peers.
- VVL has a Return On Equity of 10.22%. This is comparable to the rest of the industry: VVL outperforms 46.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.22% | ||
| ROE | 10.22% | ||
| 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
- VVL has a Profit Margin of 41.39%. This is amongst the best in the industry. VVL outperforms 93.86% 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) | 41.39% | ||
| 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.
- The number of shares outstanding for VVL remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, VVL has about the same amount of shares outstanding.
- VVL has a better debt/assets ratio than last year.
2.2 Solvency
- VVL has a debt to FCF ratio of 6.20. This is a slightly negative value and a sign of low solvency as VVL would need 6.20 years to pay back of all of its debts.
- VVL's Debt to FCF ratio of 6.20 is amongst the best of the industry. VVL outperforms 85.09% of its industry peers.
- VVL has a Debt/Equity ratio of 1.21. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.21, VVL is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 6.2 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.1%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The earnings per share for VVL have decreased by -8.18% in the last year.
- Measured over the past years, VVL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.52% on average per year.
- VVL shows a small growth in Revenue. In the last year, the Revenue has grown by 2.55%.
- 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)-8.18%
EPS 3Y24.65%
EPS 5Y10.52%
EPS Q2Q%-21.16%
Revenue 1Y (TTM)2.55%
Revenue growth 3Y20.31%
Revenue growth 5Y11.29%
Sales Q2Q%0.48%
3.2 Future
- VVL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.64% yearly.
- Based on estimates for the next years, VVL will show a small growth in Revenue. The Revenue will grow by 5.58% on average per year.
EPS Next Y-6.14%
EPS Next 2Y0.99%
EPS Next 3Y4.64%
EPS Next 5YN/A
Revenue Next Year5.07%
Revenue Next 2Y5.25%
Revenue Next 3Y5.58%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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 10.53, the valuation of VVL can be described as reasonable.
- Based on the Price/Earnings ratio, VVL is valued a bit cheaper than the industry average as 69.30% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, VVL is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 9.98, the valuation of VVL can be described as reasonable.
- Based on the Price/Forward Earnings ratio, VVL is valued a bit cheaper than 78.95% of the companies in the same industry.
- VVL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.53 | ||
| Fwd PE | 9.98 |
4.2 Price Multiples
- 84.21% of the companies in the same industry are more expensive than VVL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.53 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1
EPS Next 2Y0.99%
EPS Next 3Y4.64%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.17%, VVL is a good candidate for dividend investing.
- VVL's Dividend Yield is comparable with the industry average which is at 3.93.
- Compared to an average S&P500 Dividend Yield of 1.82, VVL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
5.2 History
- The dividend of VVL is nicely growing with an annual growth rate of 15.20%!
Dividend Growth(5Y)15.2%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- VVL pays out 44.00% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of VVL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44%
EPS Next 2Y0.99%
EPS Next 3Y4.64%
VEKSELBANKEN / VVL.OL FAQ
Can you provide the ChartMill fundamental rating for VEKSELBANKEN?
ChartMill assigns a fundamental rating of 4 / 10 to VVL.OL.
What is the valuation status of VEKSELBANKEN (VVL.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to VEKSELBANKEN (VVL.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for VEKSELBANKEN?
VEKSELBANKEN (VVL.OL) has a profitability rating of 4 / 10.
How financially healthy is VEKSELBANKEN?
The financial health rating of VEKSELBANKEN (VVL.OL) is 3 / 10.
What is the earnings growth outlook for VEKSELBANKEN?
The Earnings per Share (EPS) of VEKSELBANKEN (VVL.OL) is expected to decline by -6.14% in the next year.