SOAGO Stock Overview

A savings bank, provides various banking products and services in Norway. More details

SOAGO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	4/6
Dividends	5/6

Rewards

Trading at 55% below our estimate of its fair value

Earnings have grown 6.8% per year over the past 5 years

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

SpareBank 1 Østfold Akershus Competitors

Close Brothers Group

LSE:CBG

UK£332.2m

Arbuthnot Banking Group

AIM:ARBB

UK£146.6m

Secure Trust Bank

LSE:STB

UK£64.7m

TBC Bank Group

LSE:TBCG

UK£1.7b

Price History & Performance

Summary of share price highs, lows and changes for SpareBank 1 Østfold Akershus
Historical stock prices
Current Share Price	NOK 324.00
52 Week High	NOK 0
52 Week Low	NOK 0
Beta	0.26
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	22.26%

Recent updates

Shareholder Returns

	SOAGO	GB Banks	GB Market
7D	0%	-1.6%	-2.6%
1Y	n/a	32.4%	2.4%

Return vs Industry: Insufficient data to determine how SOAGO performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how SOAGO performed against the UK Market.

Price Volatility

Is SOAGO's price volatile compared to industry and market?
SOAGO volatility
SOAGO Average Weekly Movement	n/a
Banks Industry Average Movement	3.7%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.7%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: SOAGO has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SOAGO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1835	277	Arild Hansen	www.sparebank1.no/nb/ostfold-akershus/privat.html

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; operating credit for agriculture; mortgage products; leasing and factoring services.

SpareBank 1 Østfold Akershus Fundamentals Summary

How do SpareBank 1 Østfold Akershus's earnings and revenue compare to its market cap?
SOAGO fundamental statistics
Market cap	NOK 4.20b
Earnings (TTM)	NOK 461.00m
Revenue (TTM)	NOK 1.12b

9.1x

P/E Ratio

0.9x

P/B Ratio

Is SOAGO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOAGO income statement (TTM)
Revenue	NOK 1.12b
Cost of Revenue	NOK 0
Gross Profit	NOK 1.12b
Other Expenses	NOK 655.00m
Earnings	NOK 461.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	37.22
Gross Margin	100.00%
Net Profit Margin	41.31%
Debt/Equity Ratio	98.1%

How did SOAGO perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

58%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/05/28 06:55
End of Day Share Price	2024/02/29 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SpareBank 1 Østfold Akershus is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christian Berner	Beringer Finance AB
Geir Kristiansen	Beringer Finance AB
Žilvinas Jusaitis	Norne Securities AS

SpareBank 1 Østfold Akershus BATS-CHIXE:SOAGO Stock Report