Sparebanken Vest Logo

Sparebanken Vest

SVEG.OL

(3.5)
Stock Price

135,92 NOK

0.97% ROA

14.08% ROE

4.31x PER

Market Cap.

13.533.014.633,00 NOK

750.49% DER

8.51% Yield

24.33% NPM

Sparebanken Vest Stock Analysis

Sparebanken Vest 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.

Sparebanken Vest Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.48x), the stock offers substantial upside potential at a bargain price.

2 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Dividend Growth

The company's dividend growth has consistently increased every year in the last five years, indicating a strong track record of positive returns for investors.

4 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

5 ROE

The stock's ROE falls within an average range (14.5%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (1.08%) 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.

7 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

8 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

9 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

10 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (203) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

11 DER

The stock is burdened with a heavy load of debt (606%), making it financially unstable and potentially risky for investors.

Sparebanken Vest 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.

Sparebanken Vest Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Buy

Sparebanken Vest 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.

Sparebanken Vest Revenue
Year Revenue Growth
2002 1.162.000.000
2003 1.195.000.000 2.76%
2004 1.304.000.000 8.36%
2005 1.341.000.000 2.76%
2006 1.479.000.000 9.33%
2007 1.804.000.000 18.02%
2008 1.683.000.000 -7.19%
2009 1.942.000.000 13.34%
2010 2.193.000.000 11.45%
2011 2.243.000.000 2.23%
2012 2.628.000.000 14.65%
2013 2.776.000.000 5.33%
2014 3.091.000.000 10.19%
2015 2.810.000.000 -10%
2016 3.082.000.000 8.83%
2017 3.132.000.000 1.6%
2018 3.499.000.000 10.49%
2019 3.874.000.000 9.68%
2020 3.745.000.000 -3.44%
2021 4.129.000.000 9.3%
2022 4.911.000.000 15.92%
2023 6.324.000.000 22.34%
2023 15.425.000.000 59%
2024 20.188.000.000 23.59%

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.

Sparebanken Vest Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 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.

Sparebanken Vest General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 514.000.000
2003 583.000.000 11.84%
2004 661.000.000 11.8%
2005 708.000.000 6.64%
2006 739.000.000 4.19%
2007 767.000.000 3.65%
2008 844.000.000 9.12%
2009 945.000.000 10.69%
2010 323.000.000 -192.57%
2011 355.000.000 9.01%
2012 418.000.000 15.07%
2013 225.000.000 -85.78%
2014 228.000.000 1.32%
2015 211.000.000 -8.06%
2016 221.000.000 4.52%
2017 210.000.000 -5.24%
2018 212.000.000 0.94%
2019 0 0%
2020 231.000.000 100%
2021 248.000.000 6.85%
2022 267.000.000 7.12%
2023 0 0%
2023 82.000.000 100%
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.

Sparebanken Vest EBITDA
Year EBITDA Growth
2002 1.895.000.000
2003 1.619.000.000 -17.05%
2004 934.000.000 -73.34%
2005 1.277.000.000 26.86%
2006 1.783.000.000 28.38%
2007 3.018.000.000 40.92%
2008 4.737.000.000 36.29%
2009 3.089.000.000 -53.35%
2010 3.329.000.000 7.21%
2011 3.639.000.000 8.52%
2012 4.452.000.000 18.26%
2013 4.195.000.000 -6.13%
2014 4.501.000.000 6.8%
2015 3.764.000.000 -19.58%
2016 3.897.000.000 3.41%
2017 3.732.000.000 -4.42%
2018 4.246.000.000 12.11%
2019 2.792.000.000 -52.08%
2020 2.579.000.000 -8.26%
2021 3.263.000.000 20.96%
2022 7.315.000.000 55.39%
2023 4.816.000.000 -51.89%
2023 -1.736.106.000 377.4%
2024 -2.196.692.000 20.97%

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.

Sparebanken Vest Gross Profit
Year Gross Profit Growth
2002 1.162.000.000
2003 1.195.000.000 2.76%
2004 1.304.000.000 8.36%
2005 1.341.000.000 2.76%
2006 1.479.000.000 9.33%
2007 1.804.000.000 18.02%
2008 1.683.000.000 -7.19%
2009 1.942.000.000 13.34%
2010 2.193.000.000 11.45%
2011 2.243.000.000 2.23%
2012 2.628.000.000 14.65%
2013 2.776.000.000 5.33%
2014 3.091.000.000 10.19%
2015 2.810.000.000 -10%
2016 3.082.000.000 8.83%
2017 3.132.000.000 1.6%
2018 3.499.000.000 10.49%
2019 3.874.000.000 9.68%
2020 3.745.000.000 -3.44%
2021 4.129.000.000 9.3%
2022 4.911.000.000 15.92%
2023 6.324.000.000 22.34%
2023 15.461.000.000 59.1%
2024 20.188.000.000 23.41%

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.

Sparebanken Vest Net Profit
Year Net Profit Growth
2002 69.000.000
2003 277.000.000 75.09%
2004 309.000.000 10.36%
2005 475.000.000 34.95%
2006 603.000.000 21.23%
2007 649.000.000 7.09%
2008 207.000.000 -213.53%
2009 363.000.000 42.98%
2010 611.000.000 40.59%
2011 548.000.000 -11.5%
2012 864.000.000 36.57%
2013 908.000.000 4.85%
2014 1.188.000.000 23.57%
2015 1.047.000.000 -13.47%
2016 1.521.000.000 31.16%
2017 1.416.000.000 -7.42%
2018 1.660.000.000 14.7%
2019 2.064.000.000 19.57%
2020 2.033.000.000 -1.52%
2021 2.513.000.000 19.1%
2022 2.817.000.000 10.79%
2023 3.544.000.000 20.51%
2023 1.397.452.000 -153.6%
2024 1.727.308.000 19.1%

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.

Sparebanken Vest Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 1
2003 46 100%
2004 51 10%
2005 78 35.9%
2006 99 21.21%
2007 107 6.6%
2008 34 -221.21%
2009 4 -1000%
2010 5 25%
2011 4 -33.33%
2012 5 40%
2013 5 0%
2014 6 16.67%
2015 6 0%
2016 6 0%
2017 5 -20%
2018 28 81.48%
2019 7 -285.71%
2020 7 0%
2021 9 22.22%
2022 10 10%
2023 13 16.67%
2023 13 0%
2024 16 20%

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.

Sparebanken Vest Free Cashflow
Year Free Cashflow Growth
2002 468.000.000
2003 -3.867.000.000 112.1%
2004 -1.273.000.000 -203.77%
2005 -1.764.000.000 27.83%
2006 -1.883.000.000 6.32%
2007 -3.534.000.000 46.72%
2008 -7.013.000.000 49.61%
2009 -498.000.000 -1308.23%
2010 -1.055.000.000 52.8%
2011 -3.061.000.000 65.53%
2012 927.000.000 430.2%
2013 605.000.000 -53.22%
2014 872.000.000 30.62%
2015 1.484.000.000 41.24%
2016 1.052.000.000 -41.06%
2017 1.130.000.000 6.9%
2018 1.495.000.000 24.41%
2019 398.000.000 -275.63%
2020 1.594.000.000 75.03%
2021 2.063.000.000 22.73%
2022 2.258.000.000 8.64%
2023 3.685.000.000 38.72%
2023 1.535.000.000 -140.07%
2024 1.610.000.000 4.66%

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.

Sparebanken Vest Operating Cashflow
Year Operating Cashflow Growth
2002 468.000.000
2003 -3.867.000.000 112.1%
2004 -1.273.000.000 -203.77%
2005 -1.764.000.000 27.83%
2006 -1.883.000.000 6.32%
2007 -3.534.000.000 46.72%
2008 -6.925.000.000 48.97%
2009 -345.000.000 -1907.25%
2010 -1.055.000.000 67.3%
2011 -3.061.000.000 65.53%
2012 1.043.000.000 393.48%
2013 876.000.000 -19.06%
2014 1.244.000.000 29.58%
2015 1.761.000.000 29.36%
2016 1.176.000.000 -49.74%
2017 1.246.000.000 5.62%
2018 1.658.000.000 24.85%
2019 1.902.000.000 12.83%
2020 1.739.000.000 -9.37%
2021 2.156.000.000 19.34%
2022 2.381.000.000 9.45%
2023 3.792.000.000 37.21%
2023 1.554.000.000 -144.02%
2024 1.625.000.000 4.37%

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.

Sparebanken Vest Capital Expenditure
Year Capital Expenditure Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 88.000.000 100%
2009 153.000.000 42.48%
2010 0 0%
2011 0 0%
2012 116.000.000 100%
2013 271.000.000 57.2%
2014 372.000.000 27.15%
2015 277.000.000 -34.3%
2016 124.000.000 -123.39%
2017 116.000.000 -6.9%
2018 163.000.000 28.83%
2019 1.504.000.000 89.16%
2020 145.000.000 -937.24%
2021 93.000.000 -55.91%
2022 123.000.000 24.39%
2023 107.000.000 -14.95%
2023 19.000.000 -463.16%
2024 15.000.000 -26.67%

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.

Sparebanken Vest Equity
Year Equity Growth
2002 2.208.000.000
2003 2.429.000.000 9.1%
2004 2.658.000.000 8.62%
2005 3.272.000.000 18.77%
2006 3.798.000.000 13.85%
2007 4.317.000.000 12.02%
2008 4.372.000.000 1.26%
2009 4.885.000.000 10.5%
2010 5.929.000.000 17.61%
2011 6.691.000.000 11.39%
2012 7.512.000.000 10.93%
2013 8.135.000.000 7.66%
2014 9.094.000.000 10.55%
2015 11.313.000.000 19.61%
2016 13.065.000.000 13.41%
2017 14.054.000.000 7.04%
2018 15.634.000.000 10.11%
2019 16.904.000.000 7.51%
2020 18.441.000.000 8.33%
2021 19.807.000.000 6.9%
2022 21.893.000.000 9.53%
2023 21.755.000.000 -0.63%
2023 22.900.000.000 5%
2024 21.710.000.000 -5.48%

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.

Sparebanken Vest Assets
Year Assets Growth
2002 35.449.000.000
2003 40.351.000.000 12.15%
2004 46.265.000.000 12.78%
2005 54.680.000.000 15.39%
2006 60.232.000.000 9.22%
2007 75.047.000.000 19.74%
2008 94.893.000.000 20.91%
2009 97.661.000.000 2.83%
2010 105.275.000.000 7.23%
2011 115.985.000.000 9.23%
2012 127.828.000.000 9.26%
2013 134.396.000.000 4.89%
2014 147.070.000.000 8.62%
2015 161.663.000.000 9.03%
2016 162.752.000.000 0.67%
2017 175.190.000.000 7.1%
2018 189.376.000.000 7.49%
2019 197.166.000.000 3.95%
2020 221.282.000.000 10.9%
2021 234.571.000.000 5.67%
2022 263.812.000.000 11.08%
2023 306.495.000.000 13.93%
2023 295.891.000.000 -3.58%
2024 322.802.000.000 8.34%

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.

Sparebanken Vest Liabilities
Year Liabilities Growth
2002 33.241.000.000
2003 37.922.000.000 12.34%
2004 43.607.000.000 13.04%
2005 51.408.000.000 15.17%
2006 56.434.000.000 8.91%
2007 70.730.000.000 20.21%
2008 90.521.000.000 21.86%
2009 92.776.000.000 2.43%
2010 99.346.000.000 6.61%
2011 109.294.000.000 9.1%
2012 120.316.000.000 9.16%
2013 126.261.000.000 4.71%
2014 137.976.000.000 8.49%
2015 150.350.000.000 8.23%
2016 149.687.000.000 -0.44%
2017 161.136.000.000 7.11%
2018 173.742.000.000 7.26%
2019 95.973.000.000 -81.03%
2020 78.924.000.000 -21.6%
2021 90.970.000.000 13.24%
2022 102.598.000.000 11.33%
2023 284.740.000.000 63.97%
2023 138.742.000.000 -105.23%
2024 301.092.000.000 53.92%

Sparebanken Vest Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
117.68
Net Income per Share
28.64
Price to Earning Ratio
4.31x
Price To Sales Ratio
1.05x
POCF Ratio
2.97
PFCF Ratio
3.03
Price to Book Ratio
0.62
EV to Sales
13.63
EV Over EBITDA
119.34
EV to Operating CashFlow
38.61
EV to FreeCashFlow
39.35
Earnings Yield
0.23
FreeCashFlow Yield
0.33
Market Cap
13,53 Bil.
Enterprise Value
175,92 Bil.
Graham Number
357.08
Graham NetNet
-2749.39

Income Statement Metrics

Net Income per Share
28.64
Income Quality
2.45
ROE
0.14
Return On Assets
0.01
Return On Capital Employed
0
Net Income per EBT
0.63
EBT Per Ebit
3.83
Ebit per Revenue
0.1
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.1
Pretax Profit Margin
0.38
Net Profit Margin
0.24

Dividends

Dividend Yield
0.09
Dividend Yield %
8.51
Payout Ratio
0.98
Dividend Per Share
10.5

Operating Metrics

Operating Cashflow per Share
41.54
Free CashFlow per Share
40.75
Capex to Operating CashFlow
0.02
Capex to Revenue
0.01
Capex to Depreciation
0.48
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
0.78

Balance Sheet

Cash per Share
-4,92
Book Value per Share
197,89
Tangible Book Value per Share
195.64
Shareholders Equity per Share
197.89
Interest Debt per Share
1589.74
Debt to Equity
7.5
Debt to Assets
0.5
Net Debt to EBITDA
110.16
Current Ratio
0.03
Tangible Asset Value
21,46 Bil.
Net Current Asset Value
-300,45 Bil.
Invested Capital
-22824000000
Working Capital
-23,72 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
12.04

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.

Sparebanken Vest Dividends
Year Dividends Growth
2000 22
2001 12 -83.33%
2002 10 -33.33%
2003 4 -200%
2004 13 75%
2005 13 0%
2006 17 29.41%
2007 18 5.56%
2008 19 5.26%
2009 4 -533.33%
2010 4 25%
2011 4 -33.33%
2012 2 -50%
2013 3 0%
2014 3 33.33%
2015 4 25%
2016 1 -300%
2017 5 75%
2018 4 -33.33%
2019 2 -50%
2020 2 0%
2021 4 50%
2022 5 0%
2023 9 50%
2024 8 -14.29%

Sparebanken Vest Profile

About Sparebanken Vest

Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. It operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. The company is also involved in the estate agency and home mortgage activities. As of December 31, 2020, it had 33 points of sale outlets. The company was founded in 1823 and is headquartered in Bergen, Norway.

CEO
Mr. Jan Erik Kjerpeseth
Employee
797
Address
Jonsvollsgaten 2
Bergen, 5011

Sparebanken Vest Executives & BODs

Sparebanken Vest Executives & BODs
# Name Age
1 Mr. Jan-Stale Hatlebakk
Executive Vice President, Head of Risk Management & CRO
70
2 Mr. Frank Johannesen
EVice President of Finance & Corporate Governance and Chief Financial Officer
70
3 Ms. Siren Sundland
Executive Vice President of Technology & Business Processes
70
4 Ingrid Paasche
Marketing Manager
70
5 Mr. Jan Erik Kjerpeseth
Executive Vice President, MD & Chief Executive Officer
70
6 Terje Mjelde
Head of Management Accounting
70
7 Henrik Tønnessen
Compliance Officer
70
8 Monica Galtung Døsvig
Head of Legal
70
9 Brede Borgen Kristiansen
Director of Finance & Investor Relations
70
10 Mr. Lars Ove Breivik
Chief Information Officer & Head of Communication
70

Sparebanken Vest Competitors

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