Ratings Sparebanken Øst

Equities

SPOG

NO0006222009

Real-time Oslo Bors Other stock markets 02:18:33 02/07/2024 pm IST			5-day change	1st Jan Change
54.39 ^NOK	+0.63%		-0.20%	+8.35%

22/05	Moody’s Maintains Sparebanken Øst’s Ratings, Outlook on Strong Performance	MT
08/05	Sparebanken Øst Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Strengths

The group's activity appears highly profitable thanks to its outperforming net margins.
Its low valuation, with P/E ratio at 8.07 and 8.69 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company appears to be poorly valued given its net asset value.
The company is one of the best yield companies with high dividend expectations.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.

Ratings chart - Surperformance

Sector: Banks

	1st Jan change	Capi.	ESG Refinitiv
SPAREBANKEN ØST	+8.35%	105M	-
JPMORGAN CHASE & CO.	+20.78%	590B	C+
BANK OF AMERICA CORPORATION	+18.83%	313B	C+
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+24.35%	267B	C+
CHINA CONSTRUCTION BANK CORPORATION	+26.02%	188B	B-
BANK OF CHINA LIMITED	+29.53%	177B	B-
HSBC HOLDINGS PLC	+8.67%	160B	C+
HDFC BANK LIMITED	+1.11%	155B	B-
ROYAL BANK OF CANADA	+8.69%	150B	B-
COMMONWEALTH BANK OF AUSTRALIA	+12.40%	140B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes