Aasen Sparebank Logo

Aasen Sparebank

AASB.OL

(2.8)
Stock Price

117,08 NOK

0.53% ROA

5.02% ROE

5.39x PER

Market Cap.

195.116.928,00 NOK

128.87% DER

7.98% Yield

10.07% NPM

Aasen Sparebank Stock Analysis

Aasen Sparebank Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Aasen Sparebank Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.3x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 ROE

The stock's ROE falls within an average range (10.53%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (1.16%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

7 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (519), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 DER

The company has a high debt to equity ratio (129%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

Aasen Sparebank Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Aasen Sparebank Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Aasen Sparebank Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Aasen Sparebank Revenue
Year Revenue Growth
2015 77.236.000
2016 89.156.000 13.37%
2017 96.908.000 8%
2018 98.089.000 1.2%
2019 109.770.000 10.64%
2020 110.426.000 0.59%
2021 112.973.000 2.25%
2022 120.520.000 6.26%
2023 178.052.000 32.31%
2023 354.397.000 49.76%
2024 444.028.000 20.19%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Aasen Sparebank Research and Development Expenses
Year Research and Development Expenses Growth
2015 0
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Aasen Sparebank General and Administrative Expenses
Year General and Administrative Expenses Growth
2015 11.339.000
2016 12.350.000 8.19%
2017 12.251.000 -0.81%
2018 2.687.000 -355.94%
2019 2.360.000 -13.86%
2020 1.649.000 -43.12%
2021 2.382.000 30.77%
2022 1.171.000 -103.42%
2023 0 0%
2023 1.922.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Aasen Sparebank EBITDA
Year EBITDA Growth
2015 81.247.000
2016 80.284.000 -1.2%
2017 89.085.000 9.88%
2018 95.718.000 6.93%
2019 55.633.000 -72.05%
2020 50.997.000 -9.09%
2021 55.467.000 8.06%
2022 136.003.000 59.22%
2023 103.196.000 -31.79%
2023 -49.481.191 308.56%
2024 -63.200.936 21.71%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Aasen Sparebank Gross Profit
Year Gross Profit Growth
2015 77.236.000
2016 89.156.000 13.37%
2017 96.908.000 8%
2018 98.089.000 1.2%
2019 109.770.000 10.64%
2020 110.426.000 0.59%
2021 112.973.000 2.25%
2022 120.520.000 6.26%
2023 178.052.000 32.31%
2023 354.397.000 49.76%
2024 444.028.000 20.19%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Aasen Sparebank Net Profit
Year Net Profit Growth
2015 22.634.000
2016 28.404.000 20.31%
2017 30.636.000 7.29%
2018 35.392.000 13.44%
2019 40.559.000 12.74%
2020 37.385.000 -8.49%
2021 40.719.000 8.19%
2022 49.615.000 17.93%
2023 77.320.000 35.83%
2023 23.238.809 -232.72%
2024 27.159.064 14.43%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Aasen Sparebank Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2015 25
2016 32 19.35%
2017 8 -287.5%
2018 33 75%
2019 37 13.51%
2020 8 -362.5%
2021 8 0%
2022 7 -33.33%
2023 45 86.36%
2023 13 -238.46%
2024 16 13.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Aasen Sparebank Free Cashflow
Year Free Cashflow Growth
2015 -77.782.000
2016 -137.566.000 43.46%
2017 174.284.000 178.93%
2018 23.393.000 -645.03%
2019 13.187.250 -77.39%
2019 52.749.000 75%
2020 6.982.000 -655.5%
2021 -56.987.000 112.25%
2022 -63.029.000 9.59%
2023 1.804.000 3593.85%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Aasen Sparebank Operating Cashflow
Year Operating Cashflow Growth
2015 -73.998.000
2016 -137.208.000 46.07%
2017 177.002.000 177.52%
2018 24.711.000 -616.29%
2019 15.008.500 -64.65%
2019 60.034.000 75%
2020 13.969.000 -329.77%
2021 -55.773.000 125.05%
2022 -62.354.000 10.55%
2023 1.804.000 3556.43%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Aasen Sparebank Capital Expenditure
Year Capital Expenditure Growth
2015 3.784.000
2016 358.000 -956.98%
2017 2.718.000 86.83%
2018 1.318.000 -106.22%
2019 1.821.250 27.63%
2019 7.285.000 75%
2020 6.987.000 -4.27%
2021 1.214.000 -475.54%
2022 675.000 -79.85%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Aasen Sparebank Equity
Year Equity Growth
2015 268.742.000
2016 337.871.000 20.46%
2017 380.862.000 11.29%
2018 407.045.000 6.43%
2019 439.205.000 7.32%
2020 533.813.000 17.72%
2021 568.326.000 6.07%
2022 685.416.000 17.08%
2023 727.645.000 5.8%
2023 702.436.000 -3.59%
2024 752.363.000 6.64%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Aasen Sparebank Assets
Year Assets Growth
2015 2.727.702.000
2016 3.072.288.000 11.22%
2017 3.453.581.000 11.04%
2018 3.620.894.000 4.62%
2019 3.881.067.000 6.7%
2020 4.079.110.000 4.86%
2021 4.939.421.000 17.42%
2022 5.613.272.000 12%
2023 6.247.044.000 10.15%
2023 6.200.725.000 -0.75%
2024 6.792.082.000 8.71%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Aasen Sparebank Liabilities
Year Liabilities Growth
2015 2.458.960.000
2016 2.734.417.000 10.07%
2017 3.072.719.000 11.01%
2018 3.213.849.000 4.39%
2019 3.441.862.000 6.62%
2020 725.396.000 -374.48%
2021 4.371.095.000 83.4%
2022 4.927.856.000 11.3%
2023 825.724.000 -496.79%
2023 5.498.289.000 84.98%
2024 6.039.721.000 8.96%

Aasen Sparebank Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
207.63
Net Income per Share
20.91
Price to Earning Ratio
5.39x
Price To Sales Ratio
0.54x
POCF Ratio
54.08
PFCF Ratio
54.08
Price to Book Ratio
0.26
EV to Sales
2.84
EV Over EBITDA
-85.26
EV to Operating CashFlow
283.18
EV to FreeCashFlow
283.18
Earnings Yield
0.19
FreeCashFlow Yield
0.02
Market Cap
0,20 Bil.
Enterprise Value
1,02 Bil.
Graham Number
452.4
Graham NetNet
-3574.29

Income Statement Metrics

Net Income per Share
20.91
Income Quality
0.29
ROE
0.05
Return On Assets
0.01
Return On Capital Employed
-0
Net Income per EBT
0.35
EBT Per Ebit
-6.53
Ebit per Revenue
-0.04
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
-0.04
Pretax Profit Margin
0.28
Net Profit Margin
0.1

Dividends

Dividend Yield
0.08
Dividend Yield %
7.98
Payout Ratio
0
Dividend Per Share
9

Operating Metrics

Operating Cashflow per Share
2.09
Free CashFlow per Share
2.09
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.01
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
-82,65
Book Value per Share
434,95
Tangible Book Value per Share
434.95
Shareholders Equity per Share
434.95
Interest Debt per Share
686.55
Debt to Equity
1.29
Debt to Assets
0.14
Net Debt to EBITDA
-68.98
Current Ratio
0.8
Tangible Asset Value
0,75 Bil.
Net Current Asset Value
-5,90 Bil.
Invested Capital
-15850000
Working Capital
-0,04 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
4.97

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Aasen Sparebank Dividends
Year Dividends Growth
2016 8
2017 4 -100%
2018 8 50%
2019 9 0%
2020 8 0%
2022 7 -14.29%
2023 7 -16.67%
2024 9 33.33%

Aasen Sparebank Profile

About Aasen Sparebank

Aasen Sparebank provides various banking products and services in Norway. The company accepts various deposits and accounts, as well as bank cards; and offers payment, payment terminals, billing, credit, overdraft, leasing, bank guarantee, pension, and online and mobile banking services. It also provides construction, business, car, mortgage, and small loans, as well as loans for other vehicles; and small loans refinancing services. In addition, the company offers employee and business liability, health, personal, occupational injury, travel, collective accident, store, data attack, property damage, office, homeowners, craftsman, and business insurance products; and farmer's accident, farm building agriculture, farmer's car, poultry, horse, pet, home agriculture, operating equipment and crops, and agricultural machinery insurance products, as well as insurance for goods during transport, ATV, work machines, taxis, commercial vehicles, and trailers. Aasen Sparebank was founded in 1862 and is based in Åsen, Norway.

CEO
Mr. Bjørn Asle Hynne
Employee
38
Address
Stasjonsvegen 1
Åsen, 7630

Aasen Sparebank Executives & BODs

Aasen Sparebank Executives & BODs
# Name Age
1 Ingrid Nestvold
Head of Finance & Operations
70
2 Rune Rasmussen
Risk & Compliance Manager
70
3 Ms. Kjersti Husby
Advisor Personal Market, Credit Manager Personal Market
70
4 Ms. Marianne Skreden
Advisor Insurance, Insurance Manager Corporate Market
70
5 Mr. Bjørn Asle Hynne
Chief Executive Officer & MD
70
6 Ms. Trude Hynne
Head of Sales & Marketing
70
7 Annikken Kluken
Controller
70
8 Marthe Sundal
Head of Retail Market
70

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